News
Cha Gawon's Side Accuses Manager Lee of Leading Employee Statement
1+ hour, 29+ min ago (216+ words) Ministry of Employment and Labor Investigates Alleged Coercion in Wage Payment Demands [Sports Chosun Reporter Baek Ji-eun] The representative side of Cha Gawon One Hundred Label (hereinafter referred to as One Hundred) has announced its stance regarding the statement issued…...
KOSDAQ Leadership Shifts from Biotech to Semiconductors
1+ day, 1+ hour ago (451+ words) AI Investment Boom Drives Semiconductor Surge, Overtaking Biotech in Market Share Domestic bio companies have continued to underperform since the beginning of the year. While the biotech sector, once a flagship of the KOSDAQ market, faced adjustments, the semiconductor sector'benefiting…...
Andreessen Horowitz Opens First Asian Office in Seoul
1+ day, 21+ hour ago (134+ words) Silicon Valley VC to focus on crypto investments and support market entry in Asia Global venture capital (VC) firm Andreessen Horowitz (a16z) has selected Seoul as its first foothold in Asia. a16z explained that it chose Korea as its Asian base, recognizing it…...
Space X Listing Fuels Korean Space Materials Stocks
2+ day, 23+ hour ago (233+ words) South Korean space materials firms gain from U. S. partnerships, government support On the 12th, local time, the listing of the space exploration company "Space X" was finally executed. The space investment, once considered a vague dream, is now becoming a reality. The…...
KOSPI's Rollercoaster Ride Leaves Retail Investors Reeling
4+ day, 5+ hour ago (148+ words) Domestic Market's Extreme Swings Outpace Global Peers, Stressing 15 Million Retail Traders "KOSPI Volatility 2-3 Times That of Major Countries "Retail Investors on Leverage Emit Cries The domestic "debt investment" (investing with borrowed money) scale, which has swollen to a record high,…...
Suh Dong-joo Recalls Workplace Harassment Over Clothing
4+ day, 20+ hour ago (224+ words) Describes Being Ordered to Stand, Criticized for Attire During Work [OSEN=Kim Chae-yeon Reporter] U. S. lawyer and broadcaster Suh Dong-joo has confessed to past experiences of workplace harassment. Suh Dong-joo added, "I don't know why we need to be close. Being…...
European Central Bank Raises Rate by 0. 25% After 29 Months
5+ day, 9+ hour ago (209+ words) Inflation Surge from Energy Prices, Geopolitical Tensions Spurs Rate Hike Expectations The European Central Bank (ECB) decided on the 11th (local time) to raise its key policy rate by 0. 25 percentage points to 2. 25% annually during its monetary policy meeting. This marks the…...
Green Light for Daejeon's Ansan National Defense Complex
6+ day, 13+ hour ago (332+ words) 1. 4 Trillion Won Investment to Build Integrated Defense Complex by 2031 A green light has been turned on for the Daejeon Yuseong District Ansan National Defense Industry Complex project, a key issue for Daejeon Metropolitan City. According to Daejeon Metropolitan City on…...
Onnuri Gift Certificates Banned in Healthcare Sectors
1+ week, 15+ hour ago (237+ words) Ministry of SMEs and Startups adds hospitals, clinics to restricted industries to prevent misuse The government has revised the system to prohibit the use of Onnuri gift certificates in high-sales sectors such as hospitals and clinics. This follows a report…...
KOSPI Sharp Decline Sparks Debt-Leveraged Investor Concerns
1+ week, 1+ day ago (148+ words) Record 37 trillion won credit financing balance raises forced sales risks as leveraged products see -20% losses "KOSPI, which eyed the 9, 000-point mark, now faces risk of falling below 8, 000 points "Debt investment balance exceeds 37 trillion won'historic high However, amid the recent stock…...