As expectations for a stock market rebound rise due to the complete ban on short selling, there is an increase in related funds in the market. With investor deposits recovering to 50 trillion won in just two months, there also seems a surge in the balance of margin loans.According to the Korea Finan
Among the business groups subject to disclosure with assets exceeding 5 trillion won (US$3.79 billion), or large corporate groups, last year, Celltrion secured the top spot for the sixth consecutive year with the highest proportion of internal transactions. The overall internal transaction ratio of
LIG Nex1 has initiated the pursuit of acquiring Ghost Robotics, a U.S.-based robotics company known for developing robotic dogs.The company announced in a regulatory filing on Dec. 8 that it will acquire a 60% stake in Ghost Robotics for 315 billion won (US$238.46 million).To facilitate the acquisit
S-OIL and the Korea National Council for Social Welfare (Chairman Kim Sung-i) presented the awards to eight hero firefighters, including the Best Hero Firefighter, and a combined 90 million won in cash prizes at the 2023 Hero Firefighters Award Ceremony held at the 63 Building in Seoul. S-OIL presen
Korean battery manufacturers are focusing on silicon anode materials as a key strategy to reduce dependence on Chinese graphite, a major weakness of K-batteries. This next-generation material is estimated to have an energy density about 10 times higher than the graphite-based anode materials current
As the Foreign Entity of Concern (FEOC) regulation under the U.S. Inflation Reduction Act (IRA) is set to be implemented from Jan. 1 next year, the potential benefits for domestic battery material companies are drawing attention.On Dec. 11, the battery material industry is closely monitoring the pos
Hyundai Engineering announced on Dec. 11 that it has signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute for the overseas export of the Korean-style Small Modular Reactor (SMR).The signing ceremony, held at the Korea Atomic Energy Research Institute headquarter
Korea Water Resources Corporation (K-water) is exploring ways to increase water-related cooperation and expand exchanges with Saudi Arabia in response to the climate crisis.Abdulaziz Muhareb Al-Shibani, deputy minister of the Saudi Arabian Ministry of Environment, Water and Agriculture, participated
LG U+ announced on Dec. 11 that it has signed a memorandum of understanding (MOU) with Korea Toyota Motor Corporation to develop membership services and install chargers for expanding the domestic electric vehicle (EV) charging infrastructure.As part of this agreement, both companies will develop ne
Hyosung Advanced Materials has been newly included in the 2023 Dow Jones Sustainability Indices (DJSI) Korea.The DJSI is a global sustainability management assessment index published annually by S&P Global Switzerland, the world’s largest financial information provider.Companies incorporated into th
Poland, on the brink of a regime change for the first time in eight years, faces concerns that defense equipment contracts signed with South Korea could be nullified following the general elections in October.According to Reuters on Dec. 10 (local time), Simon Holownia, a member of the opposition al
The author is an analyst for Shinhan Securities. She can be reached at kimaram@shinhan.com -- Ed.Gaining a solid fan base among NAVER Webtoon subscribersYLAB, listed on the KOSDAQ in July this year, is a webtoon studio that has published popular titles like Island, Reawakened Man, Terror Man, Get Sc
Activist funds pushing for better corporate governance and increased shareholder returns are expected to make many moves ahead of the annual shareholder meeting season for listed companies early next year.Major activist funds Truston Asset Management (Taekwang Industries-BYC), Align Partners Asset M
Hyundai Motor has announced to launch its entire Genesis lineup as electric vehicles from 2025. But with the number of hybrid electric vehicle registrations at a record high in Korea this year, the automaker may launch hybrid models (excluding mild hybrids) for the first time.According to the CarIsY
HD Hyundai Heavy Industries (HHI) is considering importing blocks for merchant ships from China for the first time since its establishment. Until now, all of the blocks for merchant ships have been manufactured by HD HHI’s Korean partners and delivered to HD HHI.According to industry sources on Dec.
Domestic battery companies are groaning under the unreasonable demands of global automotive brands. The automotive companies, both customers and joint venture (JV) partners of the battery industry, are intensifying their oppressive tactics as the demand for electric vehicles slows down. This trend o
Huawei’s launch of a 5G smartphone equipped with a 7-nanometer chip in August sparked immediate calls in the United States for stronger sanctions against China, highlighting the global significance of the U.S.-China tech competition.However, upon closer examination, this U.S.-China tech rivalry also
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that SK bioscience and Sanofi have initiated the submission process of an Investigational New Drug(IND) amendment to the U.S. Food and Drug Administration(FDA)
President Yoon Suk-yeol is set to make a state visit to the Netherlands from Dec. 11 to 14, spanning four days and three nights.This marks the first state visit to the Netherlands by a Korean president since the establishment of diplomatic relations between the two countries in 1961. During this vis
Due to high interest rates and the economic downturn, there has been a sharp increase in households and businesses unable to meet their loan interest payments.According to banking sources on Dec. 10, the non-performing loan balance of KB Kookmin, Shinhan, Hana, and Woori Banks increased significantl