rake hike
Scope
Date
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Battery materials
LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea
South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...
Jan 05, 2022 (Gmt+09:00)
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Investment Insights
Howard Marks says should stay in the market now
NEW YORK -- US stock markets remain high but their prices seem reasonable at the current level of interest rates near historic lows, said Oaktree Ca...
Dec 30, 2021 (Gmt+09:00)
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Metaverse
K-startups take note of growing demand for 'meta fashion'
Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...
Dec 13, 2021 (Gmt+09:00)
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Economy
Korean wage growth increases inflationary pressure
South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...
Dec 07, 2021 (Gmt+09:00)
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Automobiles
Carmakers gear up for sharp price hikes in 2022
Car prices will likely rise sharply next year alongside the industry shift from combustion engine models to electric vehicles as automakers prepare ...
Dec 05, 2021 (Gmt+09:00)
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Economy
Korean inflation nears 10-year peak in November, fanning rate hike views
South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...
Dec 02, 2021 (Gmt+09:00)
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Tech, Media & Telecom
KakaoTalk emoticon designers can earn more than average salaried worker
It has been 10 years since tech giant KakaoCorp. launched emoticon services within its namesake messenger app KakaoTalk. Today, there are some ...
Nov 29, 2021 (Gmt+09:00)
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Banking & Finance
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 in...
Nov 25, 2021 (Gmt+09:00)
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Earnings
HMM rakes in record quarterly profits on higher freight rates
HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...
Nov 11, 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-digi...
Nov 02, 2021 (Gmt+09:00)
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IPOs
Enchem raises IPO price by a record 20% on strong investor demand
South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...
Oct 20, 2021 (Gmt+09:00)
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Electronics
Samsung, LG see largest surge in TV prices in decade
Lee Ji-eun, a 30-year-old bride-to-be, was surprised at the prices of liquid-crystal display (LCD) TVs when she visited a home appliance store in ...
Sep 03, 2021 (Gmt+09:00)
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Economy
Korea inflation remains at 9-year high, fanning views of more rate hikes
South Korea’s consumer inflation remained at a nine-year peak in August, adding to expectations that the central bank will raise interest rate...
Sep 02, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
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Korean chipmakers
Will Samsung follow TSMC's price hikes?
Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...
Aug 26, 2021 (Gmt+09:00)
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Foreign exchange
Tumbling won adds to Bank of Korea rate hike views
The South Korean won skidded to an eleven month-low as foreign investors extended a selling spree in the local stock markets, adding to expectations...
Aug 17, 2021 (Gmt+09:00)
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Economy
New FSC chief nominee tough on household debt, against cryptocurrencies
South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...
Aug 06, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s big 3 shipbuilders aim to hike newbuilding prices
South Korea’s three major shipbuilders are looking to raise new shipbuilding prices to enhance their profitability following hefty second-quar...
Aug 02, 2021 (Gmt+09:00)
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Korean chipmakers
Chip supercycle view revives with DRAM, NAND prices at multi-year highs
The contract prices of memory chip prices are hovering around multi-year high levels, fanning the view that the global semiconductor market is enter...
Jul 30, 2021 (Gmt+09:00)
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Economy
Strong Korea Q2 growth keeps rate hike stance despite COVID-19 risks
South Korea's economy reported strong growth on healthy private consumption in the second quarter, keeping expectations of an interest rate hike lat...
Jul 27, 2021 (Gmt+09:00)
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Corporate bonds
Delta variant, rate hike views hurt Korean lower-rated corporate bond sales
South Korean companies with low credit ratings around BBB are suffering weaker demand in the primary market. A spread in the Delta coronavirus varia...
Jul 22, 2021 (Gmt+09:00)
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Earnings
Korea Shipbuilding delivers dismal Q2 loss on higher steel plate prices
Korea Shipbuilding & Offshore Engineering Co. (KSOE), a leading South Korean shipbuilder, on Wednesday posted a dismal quarterly operating loss ...
Jul 21, 2021 (Gmt+09:00)
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Corporate investment
Investors give warm welcome to Korean firms' capex hike for future growth
Capital raising through new share sales and debt to expand facilities wasn’t good news for investors as the move often led to a fall in share ...
Jul 16, 2021 (Gmt+09:00)
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Steel
Korean shipbuilders baffled by steelmakers’ offer to hike prices by 64%
South Korea’s major steelmakers are demanding a sharp price hike for steel plates used in ships, adding to difficulties faced by domestic ship...
Jul 12, 2021 (Gmt+09:00)
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Corporate bonds
Korean corporate bonds suffer from cooling investor sentiment
South Korean corporate bond markets are set to suffer from shrinking liquidity as institutional investors are turning cautious and refraining from m...
Jul 01, 2021 (Gmt+09:00)
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Economy
BOK chief signals interest rate hike within 2021
The Bank of Korea needs to drop its accommodative monetary stance of the past two years and to begin raising interest rates from this year, the cent...
Jun 24, 2021 (Gmt+09:00)
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Korean startups
Service marketplace Soomgo raises nearly $30 mn in Series C round
South Korea-based Brave Mobile Inc., the operator of service matching platform Soomgo, has secured 32 billion won ($28.6 million) in a Series C fund...
Jun 14, 2021 (Gmt+09:00)
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Central bank
Bank of Korea governor sends stronger signal to raise rates this year
South Korea’s central bank governor on Friday flagged a tighter monetary policy for the second time in less than a month, fueling expectations...
Jun 11, 2021 (Gmt+09:00)
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Retail
Chanel, Hermes, LV raise prices in Korea, but sales remain strong
Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...
Jun 02, 2021 (Gmt+09:00)
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Automobiles
Korea’s major tire makers to raise prices as rubber supply tightens
South Korea’s three leading tire makers are set to raise prices of commercial and passenger vehicle tires on growing demand from automakers an...
May 31, 2021 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand