The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. E&Corporation has transformed into an industrial water treatment platform company by acquiring water treatment EPC, liquid designated waste & wastewater treatment, and water treatment O&M fi
The National Fusion Research Institute announced on Nov. 22 that its plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusion, successfully continued for 30 seconds during its latest Korea Superconducting Tokamak Advanced Research (KSTAR) test.Nuclear fusion energ
South Korean electric vehicle battery manufacturers are expanding their supply chains in Europe as well as the United States. This is because the ongoing U.S.-China trade disputes may lead to their production setbacks in the United States.LG Energy Solution, which is running a plant in Poland, is co
South Korean Trade Minister Yeo Han-koo had a meeting with U.S. Trade Representative Katherine Tai in Seoul on Nov. 19 and said on Nov. 22 that they discussed South Korea’s role in the United States’ new economic framework in the Indo-Pacific region.At present, the United States is expanding its coo
KEPCO E&C, a company specializing in nuclear power plant design, has decided to shelve its reorganization plan, which focused on dismantling its Reactor Design and Development Group.“We have decided to suspend execution of the reorganization plan,” the company said in a press release issued late at
A domestic company has registered a patent regarding hydrogen fluoride production technology that surpasses that of Japan.Hydrogen fluoride is one of the items whose exports to Korea were put under control by the Japanese government in 2019.With the patented technology, Ram Technology has not only l
The author is an analyst of KB Securities. She can be reached at shinay.park@kbfg.com. -- Ed. Maintain BUY, target price of KRW240,000; stock grossly undervalued given value of businesses We maintain BUY and TP of KRW240,000 for E-mart, as 2022E/2023E OP were tweaked by less than 4%. We believe the
The U.S. Meat Export Federation announced on Nov. 22 that South Korea was the largest U.S. beef importer in the first three quarters of this year whereas it was Japan last year.In that period, South Korea’s U.S. beef imports totaled 194,660 tons, up 4 percent from a year ago. It includes 59,101 tons
The Startup Alliance announced on Nov. 22 that South Korean startups attracted an investment of 9.4033 trillion won for the first 10 months of this year and the annual total is expected to exceed 10 trillion won for the first time in history this year.This has to do with various incentives from the
With the European Medicines Agency (EMA) resuming on-site inspections after a hiatus caused by COVID-19, an increasing number of South Korean companies are entering the contract development and manufacturing market, which is expected to reach US$20 billion in 2026.The EMA conducted production site i
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. The South Korean government, led by liberal President Moon Jae-in, announced in July 2021 a new K-Deal that looks to invest more than 160 trillion won ($138 billion) in di
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. According to the US Bureau of Labor Statistics, total employment is expected to expand by 11.9 million jobs between 2020 and 2030, from 153.5 million to 165.4 million. Thi
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. According to research, the American business sector may be assumed to be backed by a significant powerful Asian economic force, with Asian-owned businesses making up appro
Hyundai Motor Group chairman Chung Eui-sun said on Nov. 22 that his company would not produce electric vehicle batteries on its own. It marked the first time that the group’s chairman clarified his position on internalizing battery production. Following Tesla, global automakers, including Volkswagen
LG Energy Solution announced on Nov. 22 that it has become the first battery producer in the world to obtain global compliance management system (ISO37301) certification.ISO37301 is an international standard established by the International Organization (ISO) in April. It describes in detail how to
The authors are analysts of Shinhan Investment Corp. They can be reached at jy.son@shinhan.com and bh.lee@shinhan.com, respectively. -- Ed. Investment point 1: Visible expansion of overseas operationsGolfzon is expanding its overseas operations in earnest. Overseas sales should thus continue on an u
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. The primary beneficiary of the Covid-19 pandemic in the pharma/bio industry has been large-cap pharmas. The biotech industry has been performing sluggishly during the pandemic due to delayed clinical
KEPCO's outstanding corporate bonds have soared by more than 10 trillion won over the past four years. The increase is blamed on a rise in oil and liquefied natural gas (LNG) prices and the burden imposed on the company to promote renewable energy businesses. As a result, KEPCO's deficit has
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. Countries around the world are coming up with measures to decrease environmental pollution. The US has aggressively invested in green SOC, creating jobs and stimulating its economy. At COP26, cou
A groundbreaking ceremony was held on Nov. 19 (local time) for construction of the main facilities of Chinchero International Airport in Cusco, the capital of the Inca Empire, in Peru.The airport construction project is being promoted under a G2G contract between the Korean and Peruvian governments,