The Ministry of Environment announced on May 20 that simplified approval procedures related to the Act on Registration, Evaluation, Etc. of Chemicals and the Chemicals Control Act have led to a supply increase of up to 61 percent in relation to chemicals especially vulnerable in terms of supply.Acco
Qraft Technologies announced on May 20 that its Qraft AI Enhanced ETF (QRFT) and Qraft AI Enhanced Momentum ETF (AMOM) posted one-year returns of 15.8 percent and 16.63 percent after their NYSE debut on May 21, 2019, respectively. During the period, the ETFs’ benchmark index S&P500 rose 2.05 percent
Competition is expected to heat up in the domestic wireless earphone market as LG Electronics is going to release “Tone Free” earphone in June.The market is currently dominated by Samsung Electronics and Apple.Tone Free (model name: HBS-TFN6) is loaded with the signal processing technology and tunin
Hyundai Motor’s Genesis brand announced on May 20 that it will introduce an open vehicle data platform, "Genesis Developers." The platform processes data such as driving information, mileage, and driving habits that are collected from vehicles using the Genesis-Connected Service and provides them to
LG Electronics announced on May 20 that it will relocate two of its six TV production lines in Gumi, South Korea, to Indonesia within this year to improve management efficiency.The company's move goes against the recent trend towards reshoring, but the company says the decision is inevitable to
Even after Lee Jae-yong, vice chairman of Samsung Electronics, returned to Korea on May 19 after visiting a semiconductor plant in Xian, Shanxi Province, Chinese media outlets are reporting on his visit. Referring to the U.S.-China semiconductor war, they lambasted the U.S., while issuing a warning
The Korea Development Institute (KDI) forecast on May 20 that the South Korean economy would grow 0.2 percent this year, the slowest pace since 1998, due to a sharp drop in exports and private consumption amid the COVID-19 pandemic.In November 2019, the state-run think tank projected the domestic ec
Kia Motors continues to “Accelerate the Good” through the donation of personal protective equipment (PPE) to hospitals and medical facilities across the United States. This week, the Kia “Telluriders” shipped or delivered face shields to Mercy Hospital & Medical Center and Loyola Medicine - Loyola U
The Federation of Korean Industries (FKI) announced on May 20 that the foreign investment in South Korea reported in the first quarter of this year totaled US$3.27 billion, up 3.2 percent from a year ago, and the investment actually made in that period totaled US$2.41 billion, down 17.8 percent from
Household credits increased 11.0 trillion won in the first quarter to reach a record high of 1,611.3 trillion won as of end-March, the Bank of Korea announced on May 20.The bank said household loans increased by 17.2 trillion won during the quarter, while merchandise credits decreased by 6.1 trillio
The Korean government will provide support for the Korea Development Bank (KDB) and the Bank of Korea (BOK) to set up an SPV, through which they will purchase corporate debt including low rated bonds, the Ministry of Economy and Finance said on May 20.The two state-run banks will invest a total of 1
This year marks the 20th anniversary of the Santa Fe, Hyundai Motor's first SUV. The launch of the Santa Fe marked a milestone in the automaker's history. The Santa Fe, now in its fourth generation, has become an icon for the brand. Celebrating the 20th anniversary, Hyundai will launch an en
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Valuation re-rating factors such as HMR growth, overseas sales growth, and online channel expansion are all emerging for the sector. However, even without reflecting valuation premiums, TPs for F&B pl
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and sungjun.na@shinhan.com, respectively. -- Ed. Momentum expected from supply reduction or demand recoverySemiconductor stocks have underperformed the KOSPI by 16.6%p since March 19 on concerns over a slo
The authors are analysts of NH Investment & Securities. They can be reached at kyuha.lee@nhqv.com and hwdoh@nhqv.com, respectively. -- Ed. According to press reports, TSMC has halted its acceptance of new orders from Huawei. If true, after Sep 14, Huawei will face new challenges in manufacturing sma
SK Telecom announced on May 20 the results of Barun ICT Research Center’s research on the performance and effectiveness of its Artificial Intelligence Care (AI Care), which recently marked its first anniversary.Launched in April 2019, AI Care is an innovative senior care service that utilizes SK Tel
A Korean scientist in the United States has come up with a way that can produce a “transparent brain” 100 times faster than before.Prof. Chung Kwang-hun of the Massachusetts Institute of Technology (MIT), who is credited with developing an innovative technology to produce a transparent brain in 2013
Korea Southern Power will apply artificial intelligence (AI) and 5G mobile communication technologies to power plant safety management.The power company announced on May 19 that it has recently signed a business agreement with the National Information Society Agency, Innotree, and Visionin to upgrad
Korea South-East Power and Korea Energy Agency will jointly promote overseas greenhouse gas emissions reduction projects.Korea South-East Power announced on May 19 that it has signed an MOU on developing overseas projects to combat climate change with Korea Energy Agency and the Climate Change Cente
Asiana Airlines have received from investors requests for early redemption of convertible bonds worth 10 billion won. The investors decided to exit early, even though the ailing airline is in talks with HDC Hyundai Industrial Development for its sale.The investors who made early redemption requests