Posts
- US June Inflation Eases to 3.5%, Below Market Forecasts
US consumer prices rose 3.5% year over year in June, a slower pace than economists had expected, according to the Bureau of Labor Statistics release.
- E-Mart Cuts Imported Egg Prices to 4,980 Won From the 16th
E-Mart is lowering the price of a 30-count carton of imported fresh eggs to 4,980 won from 5,890 won at stores nationwide starting the 16th.
- Korea's Chip Selloff: SK Hynix Sinks 8%, Samsung Sheds 4%
SK Hynix fell about 8% and Samsung roughly 4% intraday on July 13 as Korea's memory giants led a market rout, even as Kyobo floated an ELB on both.
- KOSPI Plunges 8.95% to 6,806 as Chip Selloff Shatters 7,000 Line
South Korea's KOSPI crashed 8.95% to close at 6,806 on July 13, breaking below 7,000 and triggering circuit breakers amid a semiconductor-led rout.
- Ottogi Raises Prices on 29 Products as Food Costs Climb in Korea
Ottogi lifts prices on 29 grocery items from July 16, with curry up 6.1%, glass noodles 10% and pepper 17%, citing higher raw material costs.
- Post Offices to Fill the Loan Gap in Bankless Korean Towns
Korea Post will let residents of 20 rural counties apply for loans from the four major banks at post office counters, starting the 20th.
- Hong Kong Overtakes Switzerland as Top Offshore Wealth Hub
Hong Kong has surpassed Switzerland as the world's largest offshore wealth management center, propelled by a sustained wave of mainland Chinese capital.
- Korean Firms Set Summer Break at 3.8 Days, Clustered in Early August
A Korea Enterprises Federation survey of 674 firms finds the average 2026 summer vacation runs 3.8 days, with most breaks falling in the first week of August.
- Lee to Chair Public Debate as Seoul Pushes Supply Over Taxes
President Lee Jae-myung will lead a July 23 public forum on housing, as Seoul Mayor Oh Se-hoon urges a focus on supply and rental stability over tax hikes.
- LS Electric Clinches Second Straight No-Bargaining Labor Deal
LS Electric has settled its 2026 wage and collective agreement without a single formal bargaining round for the second year running, signaling durable labor pea
- LS Electric Settles Labor Pact Without Bargaining for Second Year
LS Electric reached its 2026 wage and collective bargaining agreement with no negotiation for a second straight year, freeing management to focus on strategic i
- Shinhan Investment Securities Drops Front-End Fees on New Light Fund
Shinhan Investment Securities launched Light, an online-only fund lineup that removes front-end sales charges under an aggressive low-cost pricing policy.
- Chip Optimism Lifts KOSPI Back Above 7,400 as KOSDAQ Jumps
Korean stocks rallied on July 10 as improving semiconductor sentiment pushed the KOSPI up 2.5% past 7,400 and the KOSDAQ up more than 5%.
- SK Hynix's Splashy US Debut Draws Global Attention
SK Hynix's high-profile American debut drew foreign press coverage and praise, spotlighting a memory-chip giant with 66 trillion won in annual revenue.
- China Halts Helium Exports, Widening Its Chip-Material Squeeze
China's Commerce Ministry ordered an immediate, temporary ban on helium exports, extending Beijing's control of critical semiconductor inputs beyond rare earths
- iM Securities Raises 150 Billion Won via Hybrid Capital Notes
iM Securities issued 150 billion won in hybrid capital securities to fund an expansion of its asset-management and investment-brokerage businesses.
- Korea Moves to Cut Highway Rest-Stop Coffee to 2,000 Won
The government is overhauling how highway rest stops operate, pushing a 4,800-won coffee down to 2,000 won for travelers.
- Korea's Chip Frenzy and the 2x Samsung–SK Hynix ETF Bet
A leveraged ETF on Samsung and SK Hynix that listed on May 27 has come to embody Korea's semiconductor mania — and its risks.
- Korean Brokerages Cut E-Mart and Hanwha Aerospace Targets on Q2 Doubts
Korea Investment & Securities and KB Securities lowered targets on E-Mart and Hanwha Aerospace on July 10, expecting second-quarter profit to miss forecasts.
- Korean Won Hovers Just Above 1,500 to the Dollar at Daily Fix
The won held near the 1,500-per-dollar line at the 15:30 reference fix, closing at 1,506.1 before easing back to 1,501.4 the following session.
