Articles by 김화균
김화균
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KOSDAQ closes at 679.26 down 0.23 points
[THE INVESTOR] KOSDAQ closed lower at 679.26, down 0.23 points (0.03%) on Sept. 6.
Sept. 6, 2016
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[HANJIN CHAOS] Hanjin Group allocates W100b to ease cargo chaos
[THE INVESTOR] Hanjin Group, the parent of cash-strapped shipper Hanjin Shipping, said Sept. 6 that it plans to provide some 100 billion won, including 40 billion won of group Chairman Cho Yang-ho’s private assets, to its ailing shipping affiliate to ease deepening shipping chaos triggered by its near collapse.The hastily drawn-up measure came as the conglomerate came under fire for worldwide cargo disruptions caused after the world‘s seventh-largest container shipping firm filed for court prote
Sept. 6, 2016
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[HANJIN CHAOS] Finance Minister urges Hanjin to take responsibility for logistics crisis
[THE INVESTOR] Finance Minister Yoo Il-ho on Sept. 6 called on Hanjin Group to take responsibility for the global paralysis of maritime cargo delivery stemming from court receivership of its debt-laden shipping unit.The court receivership of Hanjin Shipping has triggered snowballing logistic chaos across the world over the last few days, with more than 60 carriers having been stranded at sea and ports due to asset seizure requests by creditors.The South Korean government formed a task force to d
Sept. 6, 2016
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President Park calls AEC growth driver for East Asia
[THE INVESTOR] President Park Geun-hye on Sept. 6 called the ASEAN Economic Community a “growth engine” for East Asia, pledging to further deepen cooperation with the 10-member bloc.In an interview with Laos’ English daily Vientiane Times Park also expressed her hope that her visit to the country would help bring Seoul’s cooperative relations with the Southeast Asian country to a “new level.”The interview was carried out before Park arrived in Vientiane to attend a series of ASEAN-related summit
Sept. 6, 2016
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[URGENT] Government decides to offer US$90.54 million loan to Hanjin Shipping
[THE INVESTOR] South Korean government decided to offer 100 billion won (US$90.54 million) loan to Hanjin Shipping on Sep. 6.
Sept. 6, 2016
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[HANJIN CHAOS] S. Korean gov’t to help stranded Hanjin ships dock at offshore base ports
[THE INVESTOR] South Korea will help stranded container carriers of Hanjin Shipping which are facing vessel seizures to dock at selected offshore ports where safe freight unloading can be guaranteed, a government task force said on Sept. 6.The task force, which was formed as the receivership of South Korea’s largest shipper triggered snowballing logistic chaos worldwide, said that of 97 Hanjin Shipping carriers available, only 36 are in normal operation, with the remaining 61 at abnormal status
Sept. 6, 2016
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KOSDAQ opens at 681.14 up 1.65 points
[THE INVESTOR] KOSDAQ opened higher at 681.14, up 1.65 points (0.24 percent) on Sept. 6.
Sept. 6, 2016
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KOSPI opens at 2,058.21 down 1.87 points
[THE INVESTOR] KOSPI opened lower at 2,058.21, down 1.87 points(0.09 percent) on Sept. 6.
Sept. 6, 2016
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Parliament confirms 35 cases of faulty Galaxy Note 7
[THE INVESTOR] South Korea's National Assembly said Sept. 5 that Samsung Electronics has produced 490,000 units of the Galaxy Note 7 phablet since last month in the country, adding it has identified only 35 devices with faulty batteries worldwide so far.The announcement came after Samsung announced a global recall of the Note 7 smartphones on Sept. 2 as some of their batteries caught fire while being charged. Samsung also decided to replace all Note 7 smartphones sold to customers with new ones.
Sept. 5, 2016
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Korea to hold annual consultation meeting with Moody’s
[THE INVESTOR] The South Korean government will have an annual consultation with Moody’s this week on the country’s credit valuation, the Finance Ministry said on Sept. 5.Led by Marie Diron, senior vice president at Moody’s, the delegation will visit South Korea for meetings with the ministry from Monday to Wednesday.They will meet with officials at the South Korean government and state-run think tanks including the Ministry of Strategy and Finance, the Financial Services Commission and the Kore
Sept. 5, 2016
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Korea’s stock exchange reaches out to Taiwanese traders
[THE INVESTOR] South Korea’s bourse operator on Set. 5 sought to attract more Taiwanese investors, saying the aggregate net profit of listed firms is expected to hit an all-time high of 116 trillion won (US$104 billion) this year.“South Korean shares will be a chance for Taiwanese investors to relish growth potential and stability simultaneously,” Lee Yong-kook, a senior official at the Korea Stock Exchange, said in a forum held in Taipei.He was making a pitch for the South Korean stock market i
Sept. 5, 2016
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Seoul shares jump to 14-month high
[THE INVESTOR] South Korean stocks rose more than 1 percent on Sept. 5 to hit the highest level in 14 months on speculation that weaker-than-expected jobs data in the United States may delay a much-awaited rate hike in there. The Korean won surged against the US dollar.The benchmark KOSPI added 21.77 points, or 1.07 percent, to close at 2,060.08. Trade volume was moderate at 567 million shares worth 4.08 trillion won (US$3.69 billion), with gainers outnumbering losers 530 to 296.Data by the US L
Sept. 5, 2016
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KOSPI closes at 2,060.08 up 21.77 points
[THE INVESTOR] KOSPI closed higher at 2,060.08, up 21.77 points(1.07%) on Sep. 5.
Sept. 5, 2016
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KOSDAQ closes at 679.49 up 2.58 points
[THE INVESTOR] KOSDAQ closed higher at 679.49, up 2.58 points (0.38%) on Sep. 5.
Sept. 5, 2016
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Park, Xi hold summit amid THAAD row
[THE INVESTOR] South Korean President Park Geun-hye and her Chinese counterpart Xi Jinping held a summit in Hangzhou, China, on Sept 5 amid strains in their relations over the planned deployment of the Terminal High Altitude Area Defense system.The bilateral talks, the eighth between Park and Xi, were held on the sidelines of the G-20 summit in China’s eastern lakeside city.The issue related to deploying the US anti-missile system on the Korean Peninsula has emerged as a major thorn in the Seoul
Sept. 5, 2016
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