Articles by 김화균
김화균
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KOSPI opens lower at 2,014.50 down 1.28 points
[THE INVESTOR] KOSPI opened lower at 2,014.50, down 1.28 points (0.06%) on Sept. 20.
Sept. 20, 2016
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KOSDAQ closes at 666.64 up 6.49 points
[THE INVESTOR] KOSDAQ closed higher at 666.64, up 6.49 points (0.98%) on Sept. 19.
Sept. 19, 2016
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KOSPI closes at 2,015.78 up 16.42 points
[THE INVESTOR] KOSPI closed higher at 2,015.78, up 16.42 points (0.82%) on Sept. 19.
Sept. 19, 2016
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Huawei Korea indicted for industrial espionage
[THE INVESTOR] The Korean subsidiary of China’s Huawei Technologies and its executives on Sept. 19 were indicted by the prosecutors for leaking its rival’s technologies and trade secrets. The Seoul Central District Prosecutors’ Office said Huawei Korea’s executive, identified only by his surname Kang, is suspected of leaking business secrets from telecom equipment developer Ericsson-LG, where he was previously employed.Ericsson-LG is a joint venture of Sweden-based Ericsson and South Korean tech
Sept. 19, 2016
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Turnover rate of deposits hits record low
[THE INVESTOR] The turnover rate of deposits in South Korea hit a record low in more than 11 years in July, according to the Bank of Korea on Sept. 19.The deposit turnover rate for July recorded 20.3, the lowest since February 2005 when it stood at 18.1, the central bank said.The rate is calculated monthly based on the amount of withdrawals and the average account balance. Less turnover means fewer withdrawals, signaling that people are holding on to their cash instead of spending or investing.T
Sept. 19, 2016
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Korean hybrid cars overtake German competitors
[THE INVESTOR] South Korea’s market for environmentally friendly cars expanded at a rapid pace in the first half of 2016, overtaking that of Germany, the largest producer of green vehicles in Europe, industry data showed on Sept. 19.In the first six months of the year, South Korea-based manufacturers of environmentally friendly vehicles sold a combined 26,161 cars, up 64 percent from the same period last year, according to the data from the Korea Automobile Manufacturers Association.German produ
Sept. 19, 2016
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Korea’s underground economy biggest among OECD members: paper
[THE INVESTOR] The size of South Korea‘s underground economy is equivalent to 10 percent of the nation’s gross domestic product, much higher than they are in other advanced countries, a research paper said on Sept. 19.Professor Kim Jong-hee of Chonbuk National University, drawing his conclusions from a study of 26 member states of the Organization for Economic Cooperation and Development from 1995-2014, said the scale of the shadow economy in South Korea, an average of 10.89 percent during the m
Sept. 19, 2016
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Korean Air unsure on ways to fund Hanjin Shipping
[THE INVESTOR] Korean Air, the largest shareholder of the cash-strapped Hanjin Shipping, was unable to decide on Sept. 18 on ways to fund the nation’s leading container shipping line.An official at Korean Air said the company convened an emergency board meeting to discuss its plan to offer Hanjin Shipping 60 billion won (US$53.3 million) and help ease the cargo crisis triggered by Hanjin’s receivership. The meeting was scheduled at the last minute, the official added.Earlier this month, Hanjin
Sept. 19, 2016
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KOSDAQ opens higher at 661.81 up 1.66 points
[THE INVESTOR] KOSDAQ opened higher at 661.81, up 1.66 points (0.25%) on Sept. 19.
Sept. 19, 2016
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KOSPI opens lower at 1,997.43 down 1.93 points
[THE INVESTOR] KOSPI opened lower at 1,997.43, down 1.93 points (0.10%) on Sept. 19.
Sept. 19, 2016
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KOSDAQ closes higher at 660.15 up 7.24 points
[THE INVESTOR] KOSDAQ closed higher at 660.15, up 7.24 points (1.13%) on Sept. 13.
Sept. 13, 2016
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KOSPI closes higher at 1,999.36 up 7.88 points
[THE INVESTOR] KOSPI closed higher at 1,999.36, up 7.88 points (0.40%) on Sept. 13.
Sept. 13, 2016
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Korea’s auto exports slump to 7-year low in Aug.
[THE INVESTOR] South Korea’s car exports shrank to a seven-year low in August, the government said on Sept. 13.Outbound shipments of vehicles came to 142,987 units last month, down 18.6 percent from 175,610 units tallied a year earlier, according to the Ministry of Trade, Industry and Energy.The August figure marked the smallest monthly export tally since August 2009, when it hit 141,189.From a month earlier, it also plunged 34.2 percent from July’s 219,982 units.The total value of overseas shi
Sept. 13, 2016
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Quake triggers safety concerns, disrupts production
[THE INVESTOR] A number of South Korean businesses halted their production and assembly lines for safety inspections on Sept. 13, one day after a powerful quake rocked the nation.Nearly a dozen major industrial facilities, including a power plant, had their operations halted after a 5.8-magnitude earthquake jolted the nation, according to the Commerce Ministry.The quake was the strongest ever to be recorded on the Korean Peninsula, the Korea Meteorological Administration has said.Local industry
Sept. 13, 2016
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Korea posts 55th consecutive month of trade surplus in Aug.
[THE INVESTOR]South Korea extended its trade surplus streak to 55 months in August, customs data showed on Sept. 13.The country’s trade surplus came to US$5.1 billion last month, down from a record $7.6 billion in the previous month, according to the data from the Korea Customs Service.The figure also marked a 17.8 percent on-year rise from $4.3 billion tallied in the same month a year earlier, continuing its bullish run for 55 months in a row since February 2012.The parade of monthly trade surp
Sept. 13, 2016
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