Economy
Financing
Corporate Bond Market Hit by JR and JoongAng Group… Concerns Over 'Liquidity Crunch'
Investor sentiment in the non-investment-grade bond market is rapidly freezing up following back-to-back restructuring filings by JR Global REIT and the Joongang Group. Immediately after the JR crisis…
Financing
Corporate Bond Market Turns Chilly… Even 'A-' Ratings Are No Longer a Safe Bet
The credit shock that has rocked the subprime bond market is now squeezing the corporate bond market as a whole. Analysts say that the successive bankruptcy filings by JR Global REIT and the Joongang …
Business·Industry
China’s CXMT Launches Counterattack After Securing ‘6 Trillion’… Samsung and SK on High Alert Amid ‘Legacy DRAM’ Flood
China’s rise in the memory chip sector is accelerating. This comes as Changxin Memory (CXMT) is pushing ahead with a massive initial public offering (IPO) to raise approximately 6.7 trillion won. Many…
Financing
[Market In] JoongAng Ilbo, Downgraded to ‘B’ Rating, Faces EOD on 137 billion won Public Offering Bonds
Events of Default (EOD) have occurred on four tranches of corporate bonds previously issued by JoongAng Ilbo.
A view of the JoongAng Ilbo headquarters in Sangam. (Photo = JoongAng Ilbo)
On the 1…
Business·Industry
Samsung Audit & Supervisory Board: "Semiconductor Investments in Honam and Chungcheong Regions Must Not Be Driven by Political Considerations"
Lee Chan-hee, Chairman of Samsung’s Compliance Oversight Committee, stated regarding the recent proposals for semiconductor investments in the Honam and Chungcheong regions, “We will monitor the situa…
Business·Industry
Samsung Electronics to Operate AI Washing Machine Experience Zone at Eastern European Rock Festival
Samsung Electronics has launched a campaign to target the European market by showcasing a unique experiential marketing campaign featuring AI home appliances at a major music festival in Eastern Europ…
Business·Industry
LG Electronics Launches ‘Compact Tower’ Cordless Vacuum Cleaner… Boosting Space Efficiency
LG Electronics announced on the 16th that it will launch two new models of its "Compact Tower" cordless vacuum cleaners, which feature a more compact docking station. The cordless vacuum cleaner lineu…
Business·Industry
We Need ChatGPT and Gemini… But Are They AI Assistants or AI Spies?
As Samsung Electronics and SK Hynix move to adopt external generative artificial intelligence (AI), security concerns are emerging as a new topic of discussion. While the semiconductor industry, which…
Business·Industry
An Era Dominated by the "Logic of Power"... The Need for Capability to Uphold National Interests
“As the international order reverts to great-power politics dominated by the ‘logic of power,’ securing ‘strategic autonomy’—which integrates security, industry, supply chains, and technological supre…
M&A·IB
"From Motorcycles to Comprehensive Mobility"... KR Motors Sets Out to Expand Its Business
Motorcycle manufacturer #KR Motors is accelerating its transformation into a mobility specialist by integrating the production infrastructure of its automotive parts subsidiary, Dynamac, while also pu…