The Korea Economic Daily @kedglobal
The Korea Economic Daily is a digital media platform where news and analysis on Korean companies, industries, and financial markets are delivered. kedglobal.com Seoul, Korea Joined October 2020-
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Dollar/won FX forecasting is becoming more challenging amid growing geopolitical risks and uncertainties over the US Fed's rate cuts. #FX_forecasting #Korea_Investment #Meritz #Hana_Bank #Shinhan_Bank #NH_Futures #NH_Investment #Woori_Bank #BOK kedglobal.com/foreign-exchan…
HD Hyundai aims to become the global No. 5 construction machinery manufacturer by 2025. #construction_equipment #HD_Hyundai_XiteSolution #HD_Hyundai_Construction_Equipment #HD_Hyundai_Infracore #MandT_Expo #Intermat2024 #Develon kedglobal.com/machinery/news…
South Korea’s retail giant Lotte has sold a theme park project in Shenyang, its latest move to pull out of China. #LotteGroup #LotteShopping #LotteMart #LotteMallWestLakeHanoi #LotteDepartmentStore #THAAD #LotteGloryPropertiesShenyang #Chengdu kedglobal.com/retail/newsVie…
HYBE has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for investigations over her alleged coup attempt, heralding their legal fight. #HYBE #ADOR #NewJeans #BangSiHyuk #MinHeeJin #KPop kedglobal.com/k-pop/newsView…
Japan’s Honda and Korea’s POSCO Future M to build an EV battery material plant in Canada. #Korea #Japan #USA #Canada #China #Honda #POSCO #GM #electricvehicles #batteries #materials #jointventures #investments #NorthAmerica #InflationReductionAct #FEOC kedglobal.com/batteries/news…
Korea's Financial Supervisory Service will build digital systems to prevent and detect naked short sales in real time, strengthening the crackdown on illegal short-selling of local stocks. #nakedshortsale #shortselling #stock #FSS #regulation kedglobal.com/short-selling/…
Meritz Securities Executive VP Hwang Tae-young left the brokerage house last week; the firm may have restructuring or employee transfer, sources said. #brokerage #securities #Meritz #leadership #structuredproduct #investments kedglobal.com/leadership-man…
MBK Partners has joined hands with #Air_Premia in a three-way race to win #Asiana_Airlines' cargo business after Jeju Air withdrew. #Korean_Air_Lines #merger #LLC #Eastar_Jet #Air_Incheon #MBK #Jeju_Air #Tirebank #AP_Holdings #JC_Partners #merger kedglobal.com/airlines/newsV…
South Korea's Hyundai Motor plans to produce hybrid cars at its electric vehicle and battery plant in the US state of Georgia. #Korea #USA #electricvehicles #hybrid #Georgia #HMGMA #battery #slowdown #demand #Hyundai #earnings #profit #sales #dividends kedglobal.com/automobiles/ne…
Hanwha Aerospace has signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch rocket system to Poland. #HanwhaAerospace #PolishStateArmamentAgency #Poland #Chunmoo #multiplelaunchrocketsystem #MLRS #PawelBejda #SonJaeil #ArturKuptel kedglobal.com/aerospace-defe…
DN Solutions, the world’s third-largest machine tool maker majority owned by DN Automotive, is expected to debut on the Kospi in the second half of 2024 at a valuation of up to $3 billion. #IPO #DNSolutions #DNAutomotive kedglobal.com/ipos/newsView/…
Hyundai Glovis expects an improvement in 2024 earnings after beating the market consensus in Q1 and will invest $750 million to build 6 car delivery ships. #Hyundai_Motor #car_shipping #Kia #logistics #shipping #distribution #Red_Sea #Suez_Canal kedglobal.com/earnings/newsV…
Hyundai Motor Group CEO Chung Euisun’s recent visit to its Indian unit stoked market talk it may accelerate the reported IPO of the Indian arm. #HyundaiMotor #ChungEuisu #HyundaiMotorIndia #Kia #ElectricVehicles kedglobal.com/automobiles/ne…
KT&G, the world’s fifth-largest tobacco maker, faced a $2 billion damages suit from a former employee. #Korea #USA #cigarrette #tobacco #heatnotburn #sticks #leagl #lawsuit #damage #civil #compensation #invention #lil kedglobal.com/retail/newsVie…
SK Hynix will invest 20 trillion won ($14.6 billion) to build a DRAM fab in S.Korea to meet the surging HBM chip demand. #SK_Hynix #HBM_chips #DRAM #NAND #M15 #M15X #DDR5 #high_performing #AI_chips #AI_boom #Nvidia #AI_accellerator #GPU kedglobal.com/korean-chipmak…
Kakao Ventures' new CEO Kim Ki-jun will focus on innovations that can reshape society. #Kakao #venture_capital #early_stage_startups #seed_investment #deep_technologies #machine_learning #AI #Rebellions #robot #Lunit kedglobal.com/korean-startup…
Hanwha Life Insurance, the second-largest insurer in South Korea, will buy a 40% stake in Lippo Group's Nobu Bank to tap into Southeast Asia's banking industry. #Hanwha #lifeinsurance #insurance #banking #Indonesia #SouthKorea #privateequity kedglobal.com/banking-financ…
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37K Followers 9K Following Creative Fun Maker ■ 컴투스 공식 기업 트위터/Com2us Official TwitterSouth Korea’s retail giant Lotte has sold a theme park project in Shenyang, its latest move to pull out of China. #LotteGroup #LotteShopping #LotteMart #LotteMallWestLakeHanoi #LotteDepartmentStore #THAAD #LotteGloryPropertiesShenyang #Chengdu kedglobal.com/retail/newsVie…
Japan’s Honda and Korea’s POSCO Future M to build an EV battery material plant in Canada. #Korea #Japan #USA #Canada #China #Honda #POSCO #GM #electricvehicles #batteries #materials #jointventures #investments #NorthAmerica #InflationReductionAct #FEOC kedglobal.com/batteries/news…
South Korea's Hyundai Motor plans to produce hybrid cars at its electric vehicle and battery plant in the US state of Georgia. #Korea #USA #electricvehicles #hybrid #Georgia #HMGMA #battery #slowdown #demand #Hyundai #earnings #profit #sales #dividends kedglobal.com/automobiles/ne…
Hanwha Aerospace has signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch rocket system to Poland. #HanwhaAerospace #PolishStateArmamentAgency #Poland #Chunmoo #multiplelaunchrocketsystem #MLRS #PawelBejda #SonJaeil #ArturKuptel kedglobal.com/aerospace-defe…
KT&G, the world’s fifth-largest tobacco maker, faced a $2 billion damages suit from a former employee. #Korea #USA #cigarrette #tobacco #heatnotburn #sticks #leagl #lawsuit #damage #civil #compensation #invention #lil kedglobal.com/retail/newsVie…
LG Energy vows to take stern action, including lawsuits, against its battery patent infringement. #LGEnergySolution #LGES #CATL #patentinfringement #NPE #patenttrolls #patentlicensing #KimDongmyung #SNEResearch #4680battery #cylindricalbattery kedglobal.com/regulations/ne…
South Korea named John Lee, a former US NASA senior executive as the head of missions such as R&D of its space agency. #Korea #USA #NASA #KASA #space #agency #rockets #research #development #technology #science #government #salary kedglobal.com/aerospace-defe…
Qcells inked a deal to supply solar modules and build power plants in the US, expanding its business into non-manufacturing sectors. #Korea #USA #solar #panels #modules #powerplants #community #commercial #privateequity #Hanwha #Qcells #QcellsEnable #TGC kedglobal.com/energy/newsVie…
Hyundai Motor has launched the ST1, its first fully electric work van that can be retrofitted for various commercial purposes. #HyundaiMotor #Kia#ST1 #HyundaiST1 #commercialEVs #SDV #softwaredefinedvehicles #42dot #PBV #CJLogistics #LotteGroup #Kurly kedglobal.com/automobiles/ne…
North Korean hackers allegedly attacked South Korean arms manufacturers and stole some of their technical data for more than a year, Seoul’s police said. #Korea #South #North #defense #cyberattacks #hackers #KimJongUn kedglobal.com/north-korea/ne…
OCI Holdings, Korea’s leading chemical and green energy company, will invest up to $1.5 bn in Malaysia. #Korea #USA #China #Malaysia #solar #semiconductors #panels #polysilicon #Sarawak #investments #UFLPA #sanctions #imports #ban #Washington #tradewar kedglobal.com/energy/newsVie…
Chang In-hwa, the new POSCO CEO, has vowed to take drastic cost-cutting measures to counter difficulties caused by the steel oversupply and the US-China trade war. #POSCO #ChangInhwa #POSCOFutureM #NPS #ChoiJeongwoo #POSCOPilbaraLithiumSolution kedglobal.com/corporate-stra…
Smilegate unveiled a teaser for an upcoming RPG Chaos Zero Nightmare. #Korea #China #RPG #ChaosZeroNightmare #EpicSeven #Smilegate #SuperCreative #teaser #roguelike #Crossfire kedglobal.com/korean-games/n…
Hyundai Motor has signed a 15-year contract to buy solar energy from a US project led by Spain’s Matrix Renewables to power its EV plant in Georgia. #HyundaiMotor #Kia #HMGMA #renewableenergy #MatrixRenewables #solarenergy #PPA #RE100 #ChungEuisun kedglobal.com/electric-vehic…
BMW will support Korean automotive startups for their overseas expansions at its new R&D center. #Korea #Germany #USA #China #Israel #Japan #BMW #cars #automakers #carmakers #luxury #research #startups #electricvehicles kedglobal.com/automobiles/ne…
Microsoft’s top executives will meet with leaders of South Korea’s four tech firms at MS Summit 2024 to strengthen their AI partnerships. #SamsungElectronics #SKHynix #SKTelecom #LGElectronics #Microsoft #HBM #SatyaNadella #BillGates #MSCEOSummit2024 kedglobal.com/tech,-media-te…