Economy
M&A·IB
[Economy with the EU] Making Clothes Without Water… European VCs Bet on Innovation in Fashion Manufacturing
In the European fashion-tech market, global investors’ interest is expanding beyond eco-friendly materials to include innovations in production processes. With the emergence of technologies that can r…
M&A·IB
Development of the “81-Story Landmark” on the Seongsu Sampyo Site: Refinancing of 640 Billion Won Bridge Loan Underway
A 640 billion won bridge loan for the development project of the Sampyo Ready-Mix Concrete Plant site in Seongsu-dong, Seongdong-gu, Seoul—considered a “prime piece of land”—is currently undergoing re…
Financing
Despite U.S. Treasury Yields Reaching a 20-Year High… Corporate Bond Yields Actually Fell
Fluctuations in credit spreads serve as an indicator of investor sentiment and capital flows in the corporate bond market. “Credit Signal” provides an intuitive analysis of the market’s overall trends…
Bonds·FX Policy
[Market In] LOTTE REIT Receives 155 Billion Won in Orders for Secured Bonds… Double-Digit Premium Over Coupon Rate
LOTTE REIT (AA-) secured orders exceeding its target amount during the bookbuilding process for its secured corporate bonds. However, for both the 1-year and 2-year issues, the bonds were fully subscr…
Finance
"Seven Years of Hard Work Goes to a Major Exchange"... Controversy Over LucentBlock's Exclusion Sparks Debate
“Pursuant to Article 21 of the Special Act on Support for Financial Innovation, a procedure has been established through which innovative financial service providers can apply for formal authorization…
Business·Industry
SamsungElectronics Posts 110 Trillion Won in Operating Profit from Semiconductors Alone… Set to Surge Next Year with HBM4
SamsungElectronics has tentatively reported an operating profit of 107.4 trillion won for the third quarter of this year, with its semiconductor division alone estimated to have generated profits of 1…
Business·Industry
Hanon Systems Begins Full-Scale Sales of Thermal Management Components at Hankook Tire’s T-Station Locations
Hanon Systems’ key aftermarket products. (Photo courtesy of Hanon Systems)
Hanon Systems is stepping up its efforts to tap into the domestic automotive repair parts market by leveraging “T-Station…
Business·Industry
HYUNDAI ROTEM Seeks to Export Its First Hydrogen Tram to Egypt
Camel Al-Wazir, Egypt’s Minister of Transportation (left), and Lee Yong-bae, President and CEO of HYUNDAI ROTEM, sign a memorandum of understanding (MOU) on cooperation to build a hydrogen-electric tr…
Macroeconomics
Cumulative Current Account Surplus Reaches $280 Billion… Annual Surplus of $450 Billion on Track Thanks to Semiconductor Boom (Comprehensive)
Driven by a surge in both prices and volumes of semiconductor exports, South Korea’s current account surplus exceeded $46 billion in August. The cumulative surplus through August of this year approach…
Banks
[Exclusive] Red Flag Raised Over Nonghyup’s Farmland Loan Soundness… 3.7 Trillion in Non-Performing Loans
A red flag has been raised regarding the soundness of Nonghyup’s farmland-secured loans. With non-performing loans rising sharply, concerns over loan defaults are expected to grow even further if farm…