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NCSoft has pushed back releasing its next likely hit, said KTB Investment and Securities on Feb. 13, lowering the target price to 500,000 won (US$445.39) from 550,000 won. Its operating profit from...
CJ CGV ’s main businesses at home and abroad have been slow, said KB Investment and Securities on Feb. 13, lowering the target price to 50,000 won (US$44.60) from 60,000 won. As per its earnings re...
The financial regulator said on Feb. 12 it will limit the penalty interest rate as it seeks to alleviate the financial burden of desperate borrowers. Starting June 25, the penalty interest rate w...
Hyundai Heavy Industries, the world’s largest shipyard by sales, is set to buy its smaller local rival Daewoo Shipbuilding & Marine Engineering, the state-run Korea Development Bank said on Feb. 12. ...
BH ’s stock price is attractive considering expectations that it will benefit from expanding foldable smartphone market as well as its earnings recovery, said NH Investment and Securities on Feb. 12...
Hansol Paper is improving systematically and its stocks could be reassessed, said Hyundai Motor Investment and Securities on Feb. 12 maintaining a “buy” recommendation and 29,000 won (US$25.80) targ...
LG Electronics will improve significantly in home appliances sector, said Kiwoom Securities on Feb. 12 raising the target price to 110,000 won (US$97.80) from 100,000 won and maintaining a “buy” rec...
Shares of Woori Financial Group will start being traded on the country’s main stock exchange this week, Korea’s bourse operator said on Feb. 12. The initial public offering slated for Feb. 13 cam...
Officials from the International Monetary Fund and the World Bank will visit Korea this week for a regular assessment of the nation‘s financial system, officials said on Feb. 11. The IMF and Worl...
Korea will try to reduce its heavy reliance on exports to China as it seeks to diversify its overseas markets to Southeast Asia, the country’s top trade official said on Feb. 11. Trade Minister K...
Funds invested in Korean stocks dropped sharply last month as investors moved to lock in profits from the market’s bull run, data showed on Feb. 11. The net capital outflow reached a massive 630....
The average loan-deposit spread of Korean banks rose to a five-year high in 2018, which is forecast to lead to record-high interest earnings, data showed on Feb. 11. According to the data from th...
The government is seeking to raise individuals’ investment ceiling for peer-to-peer lending, while bolstering regulations to protect investors, officials said on Feb. 11. P2P lending is largely u...
Amid slowing momentum in the banking industry and rising competition from fintech players, major financial groups are looking to break away from the status quo and design a new business paradigm. I...
Major brokerage firms reported worse-than-expected earnings in the fourth quarter of last year, with analysts citing increased market volatility coupled with a slump in the nation’s equity-linked sec...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
