Securities
Stock Reports
Kakao Posts Record Quarterly Earnings on TalkBiz Growth… Full-Scale Push into AI Begins—Yuanta
Yuanta Securities Korea assessed that Kakao(035720)recorded its highest-ever quarterly revenue and operating profit in the second quarter, driven by the growth of TalkBiz and the effects of its busine…
Stock Reports
Global Standard Technology Co., Ltd. Expects 400 Billion Won in Sales This Year and TSMC Orders in the Second Half… 'Buy' - IBK
IBK Investment & Securities announced on the 7th that it has initiated coverage of Global Standard Technology Co., Ltd.(083450)and is issuing a new “Buy” rating with a target price of 65,000 won.
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Stock Reports
Kakao Aims to 'Streamline Operations' by Divesting Loss-Making Businesses… Profit and Valuation to Return to Normal—Meritz
On the 7th, Meritz Securities assessed that Kakao(035720)has entered a phase of normalized consolidated earnings following the divestment of loss-making business units and maintained its “Buy” investm…
New York Stock
Oil Prices Up, Gold Prices Down… Hormuz Strait Uncertainty Sparks Inflation Fears
International oil prices surged on news of Iran’s hardline control measures over the Strait of Hormuz, while gold—a prime safe-haven asset—gave up its gains and turned lower. This was driven by the sh…
Issues & Trends
[Market In] The Choi Family of KoreaZinc Provides Additional Equity as Collateral to Meritz’s Lending Syndicate
The family of Yoon Choi, Chairman of KoreaZinc(010130), has carried out a restructuring by terminating some of its existing stock-backed loan agreements with financial institutions and concentrating c…
Issues & Trends
DUOBACK CO., LTD. CEO Expands Stake Through On-Market Purchases… “To Promote Responsible Management and Enhance Corporate Value”
DUOBACK CO., LTD.(073190)announced on the 6th that CEO Jeong Gwan-young purchased 61,776 shares of common stock on the open market over seven trading days, from the 24th of last month to the 4th of th…
Issues & Trends
New PEF Off to a Strong Start… First Investments Yield a Series of Big Wins [Market In]
New private equity fund (PEF) managers, who have built their first track records since their establishment, are on the verge of completing a series of divestitures. The key players are WJ Private Equi…
FX
Is the Won-Dollar Exchange Rate at Its Lowest Point Now?… Outlooks Differ on Whether Dollar Supply and Demand Will Continue
As the won-dollar exchange rate drops to the 1,410 won range, bringing the “breakthrough of the 1,400 won mark” within sight, market outlooks are mixed. Opinions are divided between those who predict …
Issues & Trends
CJ ENM CO., Ltd. Reports 33.4 Billion Won in Second-Quarter Operating Profit… Up 16.9% Year-Over-Year
CJ ENM ( CJ ENM CO., Ltd.(035760)) announced on the 6th that it posted consolidated revenue of 1.2033 trillion won and operating profit of 33.4 billion won for the second quarter. This represents an 8…
Disclosure Plus
BioNote Reports First-Half Operating Profit of 14.8 Billion Won… Up 34% Thanks to Growth in Animal Diagnostics
BioNote CI (Photo courtesy of BioNote)
BioNote(377740)reported double-digit growth in first-half revenue and operating profit, driven by the expansion of its animal diagnostics business.BioNote an…