svb lehman shock

Korean startups Disgruntled investors accuse Fadu of blowing smoke

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...

Automobiles Automotive supplier Hanon Systems delivers Q3 earnings shock

South Korea's Hanon Systems Corp., a world-leading heat pump systems maker for automobiles, on Thursday reported worse-than-expected results in the ...

Korean stock market China, India: Korean investors’ next stock investment targets

The US stock market has long been the prime investment destination for South Korean investors, lured by the dynamics of the global top economy.With ...

Venture capital Korean startup investments rapidly dry up in wake of SVB debacle 

The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...

Economy S.Korea confirms easing inflation; BOK to hold rate

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

Earnings Korean listed firms’ Q4 results miss forecast by big margin

Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...

Retail Galleria Dept. Store's sales from foreigners increase 500% for past 6 months

South Korea's department store group Galleria Department Store said on Tuesday that for the past six months (between August last year and January th...

Earnings Nongshim posts first operating loss from Korean sales in 24 years

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

Korean stock market E-Mart, Lotte Shopping hit by US retailers' earnings shocks

Shares in E-Mart Inc., South Korea’s largest supermarket chain, have been hovering near their lowest level in almost two years, on the back of...

Cryptocurrencies Cryptocurrency Luna plunges 99% after linked stablecoin loses peg 

The value of Luna, the cryptocurrency linked to stablecoin TerraUSD, now hovers just above $0. Just a week ago, its market capitalization was around...

A South Korean asset manager has temporarily put on hold an acquisition of the NASA headquarters building in Washington D.C., after rising interest ra...