Economy
Business·Industry
Chip Rally Deepens KOSDAQ Biotech Slump [K-Bio Pulse]
On June 22, South Korea’s benchmark KOSPI market witnessed a symbolic changing of the guard: Samsung Electronics, which had held the No. 1 spot by market capitalization for 24 years, ceded the throne …
Business·Industry
"Optimal Timing to Target the European Consumer Goods Market… The Role of Business Platforms Is Becoming Increasingly Important" [MICE]
Lee In-ho, Executive Vice Chairman of the Korea International Trade Association (Photo: ReporterLEE SEON-WOO )
“Now is the optimal time to target the European consumer goods market.”Lee In-ho (pic…
Financing
[Credit Checkpoint] Even with All Available Cash, Repayment Is a Struggle… CHONGKUNDANG HOLDINGS CORP. Stuck in the “Short-Term Borrowing” Quagmire
“Credit Checkpoint” is a column that assesses the credit rating risks of companies preparing to issue corporate bonds by examining their financial structure and cash flow. It evaluates a company’s sho…
Financing
[Market Insight] Pulmuone Corporate Downgraded to ‘BBB+’ Due to Weak Overseas and Health Business Performance
NICEHoldings announced on the 23rd that it had downgraded Pulmuone Corporate’s long-term credit rating from “A- (Negative)” to “BBB+ (Stable).” Analysts attribute this downgrade primarily to constrain…
Bonds·FX Policy
[Market In] Korea Ratings Downgrades Agricultural Machinery Manufacturer DAEDONG CORPORATION’s Credit Rating to ‘BBB’
Korea Ratings Corporation has downgraded the credit rating of DAEDONG CORPORATION, a comprehensive agricultural machinery manufacturer. This move comes as profitability has declined due to persistent …
Financing
[Market In] LOTTE CHEMICAL CORPORATION: Credit Rating Downgrade Likely Despite Brief Return to Profitability
NICEHoldings announced on the 23rd that it has maintained the credit rating of LOTTE CHEMICAL CORPORATION(011170)’s unsecured bonds at ‘AA-’ but changed the rating outlook from ‘Stable’ to ‘Negative.’…
Business·Industry
Wise birds Inc. Partners with CLIO Cosmetics Co., Ltd to Launch ‘ChatGPT Ads’ in North America... Setting Its Sights on the AI Marketing Market
Wise birds Inc.(273060), a comprehensive digital marketing agency, has partnered with K-Beauty brand CLIO Cosmetics Co., Ltd(237880)to target the North American market using OpenAI’s generative artifi…
Bonds·FX Policy
[Market In] NICE Ratings Downgrades KumhoPetrochemical’s Credit Rating Outlook to ‘Stable’
NICE Credit Rating has downgraded KumhoPetrochemical’s credit rating outlook from “Positive” to “Stable.” Although the company’s financial structure remains highly stable, the pace of improvement in o…
Business·Industry
Pharmicell Launches ‘BM SOME 200,’ a Professional-Grade Scalp and Hair Care Line
By Pharmicell Lab’s BM SOME 200 Rootive Hair Ampoule (Photo courtesy of Pharmicell)
Pharmicell(005690)announced on the 23rd that it has launched the “BM SOME 200” premium professional care line th…
Macroeconomics
Samsung Electronics’ Performance Bonuses and Stock Gains… “This Will Drive Up Real Estate Prices”
Concerns are mounting that as massive amounts of capital generated by the semiconductor export boom flow into the real estate market, property prices in the Seoul metropolitan area will rise and asset…