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Tag: South Korea

Posted on August 12, 2024

China Market Update: KE Holdings Beats, China “Tech 8” Forms Bullish Pattern

Asian equities were mixed overnight on light news and volumes as Taiwan and South Korea outperformed as investors reloaded on crowded countries and stocks after the recent bout of turbulence while …
Posted on August 8, 2024

China Market Update: Shenzhen’s Real Estate Policy Ignites Rally

Asian equities were mostly lower as overweight countries including Japan, South Korea, Taiwan, and, for the first time, India, succumbed to selling pressure as the US dollar weakened overnight.

( read original story …)



Posted on July 28, 2024

Archery: South Korea beat China to gold in women’s team event shoot-off

South Korea won their 10th consecutive gold medal in women’s team archery in a nail-biting shoot-off as their three first-time Olympians held off China 5-4 at the Paris Games on Sunday.
Posted on July 15, 2024

Game Maker Shift Up Jumps in South Korea After $320 Million IPO

Game developer Shift Up Corp. jumped 18% in its first day of trade in South Korea after an initial public offering that raised 435 billion won ($320 million), the largest in the country for a gaming …

( read original story …)



Posted on July 8, 2024

AliExpress-Temu user numbers rise again; Korean professor warns of business shift to China

The number of South Korean users on Chinese direct purchase platforms, such as AliExpress (Ali) and Temu, rebounded in June after two consecutive months of decline in April and May. According to …
Posted on July 5, 2024

Russia and China Launch Warship Patrols Around US Allies

Russia has dispatched a combat vessel to East Asian waters near U.S. allies Japan and South Korea for pointed patrols with a Chinese navy flotilla, Russia’s state-run news agency Tass reported.
Posted on July 3, 2024

Hyundai Motor, LG Energy Solution launch Indonesia’s first EV battery plant

JAKARTA, July 3 (Reuters) – South Korea’s Hyundai Motor Group and LG Energy Solution (LGES) on Wednesday inaugurated Indonesia’s first battery cell production plant for electric vehicles with an …
Posted on June 26, 2024

Exclusive: Hyundai India IPO banks set for country’s 2nd biggest payday with $40 mln fee, sources say

MUMBAI, June 26 (Reuters) – Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where banks …
Posted on June 21, 2024

Germany doesn’t expect a solution to EU tariff tensions on China trip

PAJU, SOUTH KOREA, June 21 (Reuters) – In his trip to China, Germany’s Economy Minister Robert Habeck … correspondent in Berlin covering German economics and the ministry of finance. Maria …
Posted on June 19, 2024

China is the true power in Putin and Kim’s budding friendship

More importantly, Russia and North Korea did not prioritise their relationship for decades. When he was friendly with the West, Mr Putin sanctioned Pyongyang twice and even joined the US, China, South Korea and Japan to persuade the North to give up its nuclear programme.

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