Medytox announced on July 19 that it has signed a supply contract with Vietnamese local distributor PCVN for Neuraderm. PCVN, with over 500 hospitals and spas across Vietnam as its main points of sale, is a medical device and cosmetics distributor that supplies its own brands and partner company pro
The author is an analyst for NH Investment & Securities. She can be reached at eunsang.lee@nhqv.com -- Ed.Shinhan Alpha REIT is expected to pay out special dividends following the sale of Yongsan The Prime Tower. Amid tight office supply-demand, the company is actively hiking rents. However, rising
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.With an equipment defect issue that arose last year now being resolved, the share of power generation in France represented by NPPs has recovered to the 72% level. Once the competitiveness of Élec
The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.Due to a reported breach of Genians’ NAC solution, investor sentiment towards the firm has worsened, resulting in a share price plunge. However, no damage has been confirmed, and related business impa
It has been pointed out that the prices of carbon credits that companies with excessive greenhouse gas emissions must purchase have dropped significantly, making the system less effective. In other countries, such as the European Union (EU), their prices are on the uptick due to the strengthening of
The smartphone usage rate among Koreans has reached 97 percent according to a recent survey.Korea Gallup announced on July 18 that it asked 1,001 people aged 18 or older nationwide whether they used a smartphone from July 11-13. Ninety-seven percent said they did.According to the poll, 69 percent of
Amid a spate of recent attempts to leak major industrial technologies such as semiconductor and display technologies overseas, the Korean government has proposed a bill to strengthen penalties for technology leakage. While some voiced that the sentencing guidelines of the law should be strengthened
Hyundai Motor will not participate in the international motor show IAA Mobility to be held in Munich, Germany this September. It will mark the first time in 20 years that Hyundai has not participated in the event, which is better known as the Frankfurt Motor Show, one of the world’s four major auto
Aiitone (CEO Jin Yeop Lee, 230980), a KOSDAQ-listed company, recently successfully completed the performance test of their block chain acceleration engine.It was announced on the 19th that Aiitone, a company specializing in web 3.0 technology, recently requested the Korea Telecommunications Technolo
U.S. chipmakers including Intel, Qualcomm, and Nvidia have reacted to U.S. President Joe Biden’s anti-China semiconductor export control policy. They have begun to speak about the news that the Biden administration is preparing additional semiconductor export control measures amid the escalating con
Between 2013 and 2015, during China’s economic boom, the business outlook in China was rosy for South Korean corporations. Exports to China increased, leading to an upsurge in investment. However, companies overly dependent on China have encountered significant difficulties barely a decade later.Ind
E1, a Liquefied Petroleum Gas supplier, has secured clean ammonia from Canada. E1 plans to transport the hydrogen secured in Canada in the form of clean ammonia and use it for the hydrogen charging station business, which is currently under development.On July 18, E1 announced that it had signed an
Mirae Asset Global Investments announced on July 18 that the net assets of ETFs it manages worldwide have exceeded US$100 billion.As of July 18, Mirae Asset Global Investments manages 538 ETFs in 14 regions worldwide, including Korea, the United States, Canada, Australia, and Japan. The total net as
SK Co., Ltd. announced on July 18 that it had selected Brain Asset Management as the preferred negotiating partner for capital raising (pre-IPO) of its contract development and manufacturing organization (CDMO) subsidiary SK pharmteco. The scale of the investment attraction is around 500 million dol
Korea Aerospace Industries (KAI) is actively pursuing exports of its FA-50 light attack aircraft to the United States, the world’s largest defense market. The export is expected to be worth 44 trillion won (US$35 billion), and, if successful, it would greatly boost the global standing of the Korean
The South Korean government plans to contribute US$10 million to the World Bank’s Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund for Ukraine’s reconstruction.On July 18, according to the Ministry of Strategy and Finance, while attending the G20 Finance Ministers’ meeting in Gandhinag
IGIS Asset Management is reportedly considering selling real estate in Germany to prevent additional deterioration of the profitability of a fund under its management.According to financial sources on July 18, IGIS announced on their website on July 17 regarding the primary risk conditions and measu
Hyundai E&C announced that it has signed an agreement with Boryspil International Airport in Ukraine on July 14 (local time) for an airport expansion project. The signing ceremony took place in Warsaw, Poland, attended by Won Hee-ryong, minister of land, infrastructure and transport; Park Sun-ho, ch
As household debt has ballooned to a record high, emerging as a big risk for the Korean economy, debt burdens on Korean households are the second largest among major economies in the world. The Bank of Korea (BOK) said that rising household debt will hamper Korea’s economic growth in the long run an
Korean separator companies are expected to dominate the North American and European battery markets, according to a market research firm.SNE Research, a global market research firm, released a report titled “The Future of Separators in the Era of Lithium-Ion Batteries (LIBs).” In the report, SNE Res