Markets
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Central banking
Bank of Korea raises interest rates, signals further hikes
South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising inf...
Nov 25, 2021 (Gmt+09:00)
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Memo from Howard Marks
The winds of change
The Korea Economic Daily Global Edition exclusively carries the full text of the latest memos from Howard Marks, co-founder and co-chairman of Oaktre...
Nov 24, 2021 (Gmt+09:00)
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Startups
NFT, metaverse shares face correction, hit by high valuations
Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With foreign...
Nov 23, 2021 (Gmt+09:00)
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Semiconductors
Samsung, Hynix notch best day this year; metaverse to drive chip demand
Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospect...
Nov 23, 2021 (Gmt+09:00)
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Foreign investors
Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback
Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts re...
Nov 19, 2021 (Gmt+09:00)
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Battery materials
Korea copper foil makers on bull run amid demand hopes
South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the ...
Nov 19, 2021 (Gmt+09:00)
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Markets
Koreans log $5.7 bn loss in Q3 from overseas stock investments
South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investors...
Nov 18, 2021 (Gmt+09:00)
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Foreign investments
Seoul commits $204 mn to attract foreign-invested firms by 2026
Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acco...
Nov 11, 2021 (Gmt+09:00)
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Music & Entertainment
DearU’s value nears YG Entertainment after strong Kosdaq debut
Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which briefly put the company&rs...
Nov 11, 2021 (Gmt+09:00)
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Monthly trade infographics
Korea's IP trade balance in the black for the first time
Success of K-dramas and movies on over-the-top platforms South Korea has posted the first-ever surplus in its intellectual property trade balance. Ko...
Nov 10, 2021 (Gmt+09:00)
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Presidential election
Main opposition leads ruling party in poll ahead of 2022 election
A former top prosecutor, nominated as the South Korean main opposition party's presidential candidate last Friday, has widened his lead over the ruli...
Nov 09, 2021 (Gmt+09:00)
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IPOs
Korea’s Netmarble Neo drops listing plan as sentiment sours
South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid g...
Nov 05, 2021 (Gmt+09:00)
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Retail
Korean apparel retailer F&F returns as market darling after relisting
South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tre...
Nov 05, 2021 (Gmt+09:00)
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Tech
Google allows alternate in-app payment options in South Korea, though familiar fees remain
SEOUL—Alphabet Inc.’s Google plans to continue charging South Korean app developers a service fee for in-app purchases, even as users for...
Nov 05, 2021 (Gmt+09:00)
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IPOs
Kakao Pay slips on profit-taking after strong KOSPI debut
Kakao Pay Corp. ’s stock tumbled after a strong debut on the South Korean main stock market as investors booked profits, keeping an eye on if t...
Nov 04, 2021 (Gmt+09:00)
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Cryptocurrencies
Korean politicians seek to delay crypto taxation as another bubble looms
South Korean politicians are seeking to delay taxes on gains from cryptocurrency trading by one year as they gear up for the upcoming presidential el...
Nov 03, 2021 (Gmt+09:00)
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Markets
Korea to buy back treasury bonds to curb rising interest rates
South Korea plans to buy back 2 trillion won ($1.7 billion) worth of government bonds in a move to stem a jump in market interest rates.The Ministry ...
Nov 03, 2021 (Gmt+09:00)
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Shareholder activism
SK Chem says no immediate plan to sell SK Bioscience stake
SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediate...
Nov 02, 2021 (Gmt+09:00)
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Economy
Inflation in Korea nears decade high, fuels fears of more rate hikes
South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digit...
Nov 02, 2021 (Gmt+09:00)
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Short selling
Foreign brokerages dominate S.Korea list of short sellers
Foreign brokerage companies have dominated the list of short sellers in South Korean stock markets since the short-selling ban was lifted on large-ca...
Nov 01, 2021 (Gmt+09:00)
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Markets
Chips, auto, display stocks rebound as supply shortage eases
Shares in South Korea’s chipmakers, automakers and display producers have begun to rebound on growing signs that the global supply shortage wil...
Oct 29, 2021 (Gmt+09:00)
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Entertainment
K-pop stars see huge capital gains from stock options
Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from t...
Oct 29, 2021 (Gmt+09:00)
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Markets
HMM’s stock loses ground on slowing profit growth, overhang woes
South Korea’s largest container liner HMM Co. suffered a tumble in its stock prices despite the rosy outlook on the global shipping industry an...
Oct 28, 2021 (Gmt+09:00)
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Real estates
Office investment falls 15% in Q3 2021, CBRE says
The real estate investment market size in South Korea during the third quarter of this year reached 3.7 trillion won ($3.2 billion), showing a small ...
Oct 26, 2021 (Gmt+09:00)
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Economy
Slower Korean economic growth puts 4% target at risk
South Korea’s economy expanded slower than expected in the third quarter on sluggish private consumption and capital expenditures offset health...
Oct 26, 2021 (Gmt+09:00)
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IPOs
Korea’s slated IPOs fail to attract investors
Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to meet ...
Oct 25, 2021 (Gmt+09:00)
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Markets
Kospi to resume rally to fresh high in H1 2022
South Korean stocks are likely to resume rallies in the first half of 2022 with the main Kospi to hit a fresh record high although the local markets ...
Oct 24, 2021 (Gmt+09:00)
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Games
Korea’s Wemade, ten bagger with play-to-earn game
When Vincent Gallarte was fired in July, the Manila IT analyst found an unusual financial lifeline – an online game that rewards players in cry...
Oct 22, 2021 (Gmt+09:00)
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Markets
Zero-carbon, self-driving still in distant future for top Kospi stocks
Shares in Samsung Engineering Co., a leading South Korean plant builder, have skyrocketed about 90% year to date, far outstripping the average rise o...
Oct 22, 2021 (Gmt+09:00)
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Economy
S.Korean companies stockpile record-level dollar holdings
South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mater...
Oct 20, 2021 (Gmt+09:00)
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