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Korean Stocks: Securities Firms Record 5.19 Trillion Won Q2 Profit

South Korean securities firms recorded a combined net profit of 5.1914 trillion won in Q2 2026, marking a 20% increase from the previous quarter and an 82.1% surge compared to the same period in 2025, according to data released by the Financial Supervisory Service on September 10. The record quarter
LucasBennett·17m ago
Korean Stocks: Securities Firms Record 5.19 Trillion Won Q2 Profit

Oil Prices Surge Past $100 as Middle East Conflicts Escalate

International oil prices surged past $100 per barrel on September 8 as military tensions escalated between the United States and Iran over the Hormuz Strait, alongside intensifying clashes between Saudi Arabia and Houthi rebels in Yemen. Brent crude futures for November delivery closed at $97.92 per
GS-0.64%
GAS0.32%
LucasBennett·19m ago
Oil Prices Surge Past $100 as Middle East Conflicts Escalate

Korean Asset Managers Shift to Portfolio Gap Analysis Business Model

Asset management firms in South Korea are shifting their business model from selling individual products to analyzing institutional investors' entire portfolios and filling identified gaps. Institutional investors now evaluate managers based on how strategies complement existing holdings rather
CryptoFrontier·25m ago
Korean Asset Managers Shift to Portfolio Gap Analysis Business Model

SK Hynix ADR Hits All-Time High at $198.63 on Memory Sector Optimism

SK Hynix's American Depositary Receipt (ADR) closed at an all-time high on May 9 (local time), reaching $198.6300 on the New York Stock Exchange, a 7.05% surge from the previous session. The rally marks the third consecutive trading day of gains starting May 4, driven by expectations that
SKHY7.13%
LucasBennett·50m ago
SK Hynix ADR Hits All-Time High at $198.63 on Memory Sector Optimism

Polkadot Updates Product Devnet with New Application Versions

Polkadot announced an update to its Product Devnet, introducing new versions of both mobile and desktop applications. The update requires developers to back up their recovery phrases, uninstall existing applications, and reinstall the new versions to retain access to deployed sites. Polkadot is a
DOT-10.76%
EthanBrooks·1h ago
Polkadot Updates Product Devnet with New Application Versions

Sejong Medical Stocks Collapse Leaves 30,837 Korean Investors With Losses

Sejong Medical shareholders face massive losses following stock manipulation allegations involving Justice Minister nominee Kim Seung-won. The Korean medical device company's stock collapsed from 8,000 won in October 2021 to trading suspension in March 2024, affecting 30,837 retail investors. Kim al
LucasBennett·1h ago
Sejong Medical Stocks Collapse Leaves 30,837 Korean Investors With Losses