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[2024-08-07 Korea Economic News] Samsung Biologics Raises Q2 Earnings Forecast Significantly! BUY Rating Sustained, Target Price Set at 1,050,000 KRW
Investing in Samsung Biologics: Key Insights from Q2 2024 Investing in Samsung Biologics: Key Insights from Q2 2024 The financial market is always buzzing with news and developments, and the recent analysis by Hana Financial Investment’s analyst Park Jae-kyung on Samsung Biologics has caught the attention of investors. In this post, we will delve deeper…
[2024-08-07 Korea Economic News] Cricket Group Donates 54.6 Million Won for Scholarship Programs to Foster Future Talent
Generous Scholarship Support by Geururami Group Generous Scholarship Support by Geururami Group In a remarkable initiative to encourage academic excellence among engineering students across South Korea, the Geururami Group has generously donated a scholarship fund amounting to 54.6 million KRW. This commendable effort aims to uplift the educational pursuits of young minds and empower them…
[2024-08-07 Korea Economic News] Recombinant Hyaluronidase Enters Safety Verification Phase
Clinical Trial Approval for HLB3-002 by 휴온스랩 Clinical Trial Approval for HLB3-002 by 휴온스랩 Recent news highlights a significant development in the field of biotechnology. 휴온스랩, a leading biotech company, has announced that their recombinant human hyaluronidase, HLB3-002, has received approval for its clinical trial phase 1 (IND) from the Korean Ministry of Food and…
[2024-08-07 Korea Economic News] KOSPI Starts Strong with Individual Buying Pressure, Enhanced by Foreign Futures Purchases
Kospi Market Update: Strong Start Driven by Individual Investors Kospi Market Update: Strong Start Driven by Individual Investors As the trading day unfolded, the Kospi index showcased a robust performance, bolstered significantly by the enthusiastic buying pressure exerted by individual investors. The remarkable trend indicated a growing confidence among local retail investors, leading to a…
[2024-08-07 Korea Economic News] Victorious in 100 Million Won Damages Lawsuit: Exchange Delays Cryptocurrency Transactions, Leading to Investor Losses
Court Ruling on Upbit and Terra Luna Crisis Court Ruling on Upbit and the Terra Luna Crisis: Investor Wins In a significant legal development, an investor has triumphed in a lawsuit against the cryptocurrency exchange Upbit following the catastrophic crash of Terra and Luna coins. This ruling has stirred discussions within the cryptocurrency community and…
[2024-08-07 Korea Economic News] SGC Solutions Meets Consumer Demand with Launch of New Large-capacity Tumbler
SGC Solutions Launches Innovative Tumblers SGC Solutions Launches Innovative Tumblers to Meet Diverse Consumer Needs SGC솔루션 (SGC Solutions) has recently made headlines by introducing two exciting new products: the ‘Mega Tumbler’ and the ‘Honey Bottle Tumbler.’ In a world where hydration and sustainability are pivotal, SGC솔루션 aims to meet the diverse needs of consumers by…
[2024-08-07 Korea Economic News] Surge in Current Account Surplus After 6 Years and 9 Months, Driven by Strong Semiconductor Exports
Korea’s Trade Surplus Hits Record High Korea’s Trade Surplus Hits Record High After Six Years The recent economic trends indicate a significant surge in South Korea’s trade performance, marked by an impressive increase in the current account surplus. According to Korea Economic News, this growth has reached the highest level in six years and nine…
[2024-08-07 Korea Economic News] Samsungs HBM3E Passes Nvidia Quality Tests; Analysts Predict Bargain Sale
Samsung Electronics and the Future of HBM3E Technology In recent developments, Samsung Electronics faced a significant moment regarding its HBM3E technology. Despite news suggesting that the HBM3E had passed NVIDIA’s stringent quality tests, Samsung has denied this claim. This situation has sparked interest and speculation within the investment community, leading to predictions of an increase…
[2024-08-07 Korea Economic News] ESG Support Project for 2024: The Joint Efforts of the Growth Committee and Three Public Corporations!
Collaboration for ESG Support in the Energy Sector Collaboration for ESG Support in the Energy Sector In a significant move towards enhancing sustainability within the energy sector, the Dongbanseong Growth Committee, along with Korea Gas Safety Corporation, KEPCO Nuclear Fuel, and Korea Electric Power Technology, has entered into a joint agreement to support small and…
[2024-08-07 Korea Economic News] Kakao Games Reports Decline in Q2 Earnings Year-on-Year… Recovery Strategy Through New Game Releases
Kakao Games 2nd Quarter Performance Analysis Kakao Games’ 2nd Quarter Performance Analysis: Trends and Insights Kakao Games has recently published its financial results for the second quarter, revealing a considerable decline in both revenue and operating profit compared to the same period last year. In a landscape marked by changing consumer preferences and increased market…