13+ hour, 58+ min ago  (660+ words) Businesskorea Joong Ang Ilbo Enters Workout on June 19 Amid Cross-Default Risk and 84 Billion Won Exposure Joong Ang Ilbo defaulted after failing to comply with an early repayment demand for 22 billion won (about $14. 6 million) worth of commercial paper held by Hanyang…...

14+ hour, 47+ min ago  (265+ words) Bloomberg reported on June 19 (local time) that the United States has raised the possibility that Dutch semiconductor equipment company ASML may have violated US export controls on China with its semiconductor lithography equipment. ASML maintains that the allegations are untrue....

14+ hour, 22+ min ago  (497+ words) The Korean Insurance Capital Standard (K-ICS) ratio, an indicator of the financial soundness of domestic insurers, continued its upward trend in the first quarter of this year. This was driven by a significant increase in available capital, which outpaced the…...

14+ hour, 55+ min ago  (354+ words) Although South Korea's current account surplus reached a record high last year, the surplus from trade with the United States narrowed for the first time in six years due to the aftermath of tariff impositions. The current account balance with…...

22+ hour, 40+ min ago  (341+ words) Businesskorea Lexis Nexis Included KT&G Among Its Top 100 Global Innovators on June 18 KT&G has proven its unrivaled technological innovation capabilities in the global market, being named among the top 100 global innovators for four consecutive years. KT&G was…...

15+ hour, 46+ min ago  (436+ words) What decided the market's direction on this day was the fierce supply and demand for profit-taking. Vigilance over the index surging by thousands of points over a short period led to a bomb of selling. On the other hand, individual…...

22+ hour, 45+ min ago  (469+ words) Businesskorea Meritz Faces Pressure to Support DIP Funding for Survival Private equity fund MBK Partners has demanded a decisive action from Meritz Financial Group, a major creditor, at a critical juncture that will determine the survival of Homeplus. The essence…...

21+ hour, 28+ min ago  (555+ words) Businesskorea Final guidelines are late as regulators and Korea Exchange struggle to settle shareholder-approval details As the announcement of the final draft of the dual listing guidelines has been delayed, there is a growing possibility that the actual implementation date…...

21+ hour, 53+ min ago  (255+ words) According to the Korea Exchange on June 19, the combined market capitalization of the KOSPI and KOSDAQ as of 9: 14 a. m. that day stood at 8, 160. 096 trillion won. This marks the first time the total domestic stock market capitalization has broken through the 8, 000 trillion…...

22+ hour, 26+ min ago  (375+ words) Businesskorea Student Volunteers Mark 10th Year of Outreach Near Dukovany and Temelin Korea Hydro & Nuclear Power has launched locally tailored social contribution activities to create a favorable environment for winning a nuclear power plant contract in the Czech Republic. Korea Hydro…...