News

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Iran Strongly Condemns US—Calls for Emergency UN Security Council Meeting
(Seoul=Yonhap Infomax) Youn Gyo Jung = Iran on the 22nd (local time) issued a strong condemnation of the United States for ...
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SK Hynix Faces Dilemma Amid Strong Performance—High Reliance on China in US-China Tech Tensions
(Seoul=Yonhap Infomax) Hak Seong Kim = SK Hynix Inc., riding high on its dominance in high-bandwidth memory (HBM), faces a ...
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KB Securities Outlines Three Oil Price Scenarios—'90% Energy Import Dependence, Potential Trigger for Market Correction'
South Korea relies on the Middle East for over 70% of its total crude oil imports, fueling concerns that the current ...
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Housing and Real Estate Sector Welcomes Second Supplementary Budget—Expects Construction Market Recovery
(Seoul=Yonhap Infomax) Young Sook Yoon – South Korea’s housing and real estate industry has welcomed the government’s second ...
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KOSPI Set to Extend Gains Beyond 3,000 – 'US Strike on Iran Presents Opportunity to Increase Exposure to Korean Market'
(Seoul=Yonhap Infomax) Ha Rin Song – Geopolitical tensions, including last weekend’s US strike on Iranian nuclear facilities, ...
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Dollar Strengthens on Middle East Tensions—Dollar Index Rises 0.4%
According to Yonhap Infomax's major overseas foreign exchange rates (screen number 6411), as of 06:34 KST, the dollar ...
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FSC and FSS Prepare for 'Every Agency for Itself' Amid Existential Threat
The FSC is focusing on maintaining the current system, emphasizing caution regarding the separation of financial policy and ...
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Yuanta Securities Raises KOSPI Upper Target to 3,300—'2,800 Support Level to Be Tested Amid Middle East Risks'
Yuanta Securities Raises KOSPI Upper Target to 3,300—'2,800 Support Level to Be Tested Amid Middle East Risks' ...
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Won Undervalued by 9%—Foreign Investors Net Buy 1.1 Trillion Won if USD/KRW Falls 20 Won
On a monthly basis, when the USD/KRW exchange rate declines compared to the previous month, foreign investors have averaged ...
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If the Strait of Hormuz Is Blocked—S-Oil and SK Gas Poised to Benefit
Jeon Yu-jin, analyst at iM Securities, noted, "As of 2024, crude oil transported via the Strait of Hormuz accounts for about ...
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'24-Hour Trading'—Nasdaq and NYSE Compete in Seoul as Korean Retail Investors Drive Global Race
KRX’s response aligns with global trends. In February, NYSE received approval from the US Securities and Exchange Commission ...
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US Strike on Iran Sparks Inevitable Market Volatility – KOSPI 3,000 Level Faces Test
On the New York Stock Exchange, the Dow Jones Industrial Average rose 35.16 points, or 0.08%, to close at 42,206.82. The S&P ...