Kospi Rises as Foreign Investors Pump Money into Futures Kospi Rises as Foreign Investors Pump Money into Futures The Korean stock market, represented by the Kospi index, has shown robust movement lately, with a notable 2.23% increase signaling a rebound. This surge can be attributed primarily to substantial investments made by foreign investors in the…

Impressive Competition for “Raemian One Pentas” in Seocho-gu, Seoul Impressive Competition for “Raemian One Pentas” in Seocho-gu, Seoul The real estate market in Seoul continues to capture attention, particularly with the recent developments surrounding the “Raemian One Pentas” in Banpo-dong, Seocho-gu. This property has seen some remarkable activity in its application process, thanks to the…

Opposition to Capital Gains Tax Repeal in South Korea Opposition to Capital Gains Tax Repeal in South Korea Financial Investment Income Tax: A Matter of Economic Justice In a recent statement, 진성준, the Policy Committee Chair of the Democratic Party of Korea, voiced strong opposition to the proposed repeal of the Financial Investment Income Tax,…

Celltrion Reports Impressive Q2 Financials Amid Challenges In a remarkable turn of events, Celltrion has announced its Q2 financial results, showcasing its resilience in a tough market. The company reported sales of 874.7 billion KRW, operating profit of 72.5 billion KRW, and a net profit of 78.5 billion KRW. This news comes as Celltrion’s stock…

Enhancements in Cryptocurrency Regulations and User Protection Enhancements in Cryptocurrency Regulations and User Protection The recent announcement regarding the implementation of the Cryptocurrency User Protection Act has stirred discussions across the cryptocurrency community. This move signifies a critical pivot in the regulatory landscape, aimed at fortifying user protection while ensuring fair trading practices. As cryptocurrencies…

HYBE’s Record-Breaking Second Quarter Earnings HYBE’s Record-Breaking Second Quarter Earnings In an impressive feat, South Korean entertainment company HYBE has reported its highest-ever quarterly revenue of 640.5 billion KRW for the second quarter of 2024. This remarkable achievement comes at a time when the globally renowned K-Pop group BTS has been largely inactive, demonstrating the…

HYBE’s Stock Surge Amid BTS Album News HYBE’s Stock Surge Amid BTS Album News The recent uptick in HYBE’s stock price can be attributed to several exciting developments in the world of K-pop, particularly surrounding the globally acclaimed group BTS. The announcement of BTS member Jin’s new album has sparked significant interest among fans and…

Hanyang Securities Surges on Sale Expectations Hanyang Securities Surges on Sale Expectations The stock market has been buzzing with activity regarding Hanyang Securities, particularly over the past few days. With three consecutive days of hitting the upper price limit, the Hanyang Securities preferred stock has become a focal point for investors. This surge appears to…

Current State of the Construction Market in Korea Current State of the Construction Market in Korea The construction industry in Korea is closely monitored through various indices, one of which is the Construction Business Survey Index (CBSI). According to a detailed report from the Korea Economic News, the CBSI for this month has observed a…