The authors are economists of Shinhan Investment Corp. They can be reached at heekim@shinhan.com. – Ed. Rising grain prices leading to agflation fearsRising prices of agricultural products are driving agflation concerns. Global farm production was hit hard by last winter's unfavorable weather co
The authors are economists of Shinhan Investment Corp. They can be reached at keonhyeong.ha@shinhan.com. -- Ed. COVID-19 pandemic and Russia-Ukraine war fueling further deglobalizationGlobalization, after driving the world’s economies, politics and cultural developments through the 20th century, sta
Located 541 meters above the ground, the Sky Bridge of the Lotte World Tower is a bridge at the highest altitude in the world. The bridge, nicknamed a "rooftop on a rooftop," has been gaining popularity since 2020 by operating a so-called "high-altitude activity program" as an experience course for
The Ministry of Land, Infrastructure and Transport published the first version of its urban air mobility concept on Sept. 28.According to the publication, drone taxis are expected to be used for movement between Seoul and the Incheon and Gimpo Airports starting from 2025. These days, Hyundai Motor G
The Seoul Metropolitan Council has passed an amendment to the ordinance on towing illegally parked shared e-scooters.Under the amended ordinance, which passed on May 6, a device left in a no-parking zone will be towed at the operator's expense of 40,000 won (US$36) if it is not collected within
Naver ranked 33rd in "The Future 50" selected by Fortune, a global economic magazine. Among Korean companies, only Naver and Celltrion (49th) made the list.Regarding the selection of Naver, Fortune said, "Naver is the company that runs Korea's largest search engine and has recently achieved more
The author is CEO of SK Lubricants. -- Ed.SK Lubricants has reinforced its ESG practice and established its vision slogan “Make It Move, Make It Green” through a contest within the company in accordance with our Green Balance management strategy. This means that we will make all objects keep moving,
The author of the article is the CEO of SK Innovation. -- Ed. The Issue at Hand for SK Innovation: “Green”As the CEO of SK Innovation, I am constantly contemplating ways for our company to achieve sustainable growth and bring even greater happiness. In order to draw a new future, I heed the voices o
Korea’s renewable market has grown, centering on solar powerHelped by the government’s renewable energy support policies, Korea’s renewable energy market has seen rising facility installations centering on solar power. With solar power facility installations being relatively free from the opposition
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. 1) Solar energy marketSolar energy installations to slide for first timeGlobal solar energy installations are projected to slip 7% y-y to 110GW in 2020. While more than 130GW in installations was ex
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. EU announces European Green Deal roadmapIn Dec 2019, the EU announced the European Green Deal roadmap, including policies in a range of areas (eg, industry and trade) aimed at reducing greenhouse ga
The author is an analyst of NH Investment & Securities. He can be reached at will.byun@nhqv.com. -- Ed. We hold a Neutral stance towards the steel industry. While China’s steel prices have rebounded on an unleashing of pent-up demand, annual sessions of the NPC and CPPCC in May, and expectations for
The author is an analyst of NH Investment & Securities. He can be reached at ys.hwang@nhqv.com. -- Ed. With the price of oil remaining below the US$40/bbl-level in 1H20, the industry landscape for the refinery and petrochemical sectors has been transformed. We mainly attribute the steep oil price de
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed.Despite rising stewardship code adoption and the NPS’s ongoing efforts to encourage socially responsible investment, shareholder participation and ESG integration activities have remained somewh
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Hit hard by the Covid-19 crisis, the cosmetics industry is unlikely to see a full-fledged earnings recovery before the normalization of DFS channel operations. In weathering the storm, cosmetics playe
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Believing that top-line growth potential is limited in the domestic market, Korean F&B players have sought to find new mid/long-term drivers overseas. As a result, the portion of overseas sales at Kor
The author is an analyst of NH Investment & Securities. He can be reached at william.ku@nhqv.com. -- Ed. A large number of pharmaceutical/bio players, particularly testing kit companies, have been seeing earnings expansion amid the Covid-19 outbreak. With share prices of related treatment and vaccin
The author is an analyst of NH Investment & Securities. She can be reached at michelle.cho@nhqv.com. -- Ed. Non-life insurance firms saw double-digit (y-y) NP decline for the past two years. However, their earnings are set to make a meaningful turnaround from 2Q20, backed by: 1) improving auto and l
The author is an analyst of NH Investment & Securities. She can be reached at michelle.cho@nhqv.com. -- Ed.The securities sector has been hit hard by Covid-19. In 1Q20, in line with global stock market plunges, the sector suffered sizable losses related to ELS hedging, and the majority of securities
The author is an analyst of NH Investment & Securities. She can be reached at michelle.cho@nhqv.com. -- Ed. The Korean economy has been suffering a blow amid the Covid-19 crisis. With both exports and domestic consumption remaining sluggish, the BOK is now forecasting that the Korean economy will sh