Lucas Bennett

Korea Investment & Securities raised its target prices for Samsung Electronics and SK Hynix to 650,000 won and 4.7 million won respectively on the 1st, following the companies' earnings announcements. The brokerage increased Samsung's target by 10% from 590,000 won and SK Hynix's by 24% from 3.8 mil

KB Securities analyst Ahn Jae-kyun stated that South Korea's 10-year to 3-year government bond yield curve is expected to flatten, considering the potential for tightening at the August Bank of Korea (BOK) Monetary Policy Committee meeting and concerns over 2-3 year bond issuance. The Ministry of

South Korean President Lee Jae-myung on July 15 called for accelerated legislation on the so-called 'stock price suppression prevention law,' targeting companies with low price-to-book ratios. The proposed legislation aims to prevent controlling shareholders from artificially suppressing stock price

The US Treasury notified multiple banks on May 31 that it may intervene in the yen market and instructed them to prepare for potential actions, according to informed sources cited by Reuters. The notification came as the dollar-yen exchange rate reached the mid-160 yen range during intraday

Korean retail investors moved $4.176 billion into US stocks during July 1-28, a sixfold increase from June's $633 million, according to Korea Exchange and Korea Securities Depository data. The surge followed severe volatility in domestic markets, where the KOSPI index fell from the 9000 range to 500

Hanwha Investment Securities identified conflicts between South Korea's delisting reform measures and other capital market regulations one month after implementation. The Financial Services Commission and Korea Exchange raised market capitalization thresholds last month to 30 billion won for the

Doosan Group marked its 130th anniversary on the 1st, making it Korea's oldest company. The group announced on the 30th that it acquired a 70.6% stake in SK Siltron, Korea's only semiconductor wafer manufacturer established in 1983, for 2.3 trillion won. The acquisition completes Doosan's semiconduc

Samsung Electronics and SK Hynix both reported record Q2 results, but market reactions diverged sharply. On the day of SK Hynix's earnings announcement, its stock plummeted 14%, while Samsung Electronics rose as much as 7% intraday. Analysts attribute the contrasting responses to the level of