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Friday, January 19, 2018

Insight

Upbit ranked first in the world in terms of 24-hour crpytocurrency trading volumes with 4.92 trillion won (US$4.62 billion),
Proving Overheated Speculation
17 January 2018 - 9:30am
South Korea’s largest cryptocurrency exchange Upbit disclosed its amount of daily transactions on January 16 for the first time. CoinMarketCap, arguably the most prominent global index of...
ESS holds the key to raising the efficiency of unstable renewable energy sources as the Korean government is strongly moving forward with energy conversion policies to expand the proportion of new and renewable energy.
Blue Ocean in Energy Sector
16 January 2018 - 10:00am
The ESS (Energy Storage System) business is emerging as a “blue ocean. in South Korea.” This is because as the Korean government is strongly moving forward with energy conversion policies to expand...
The more the government announced its regulations, the more investors have considered them favorable factors and expanded their investments in digital currencies.
Trials and Errors Continued
12 January 2018 - 9:45am
As the Ministry of Justice (MOJ) decided to make a special law to shut down cryptocurrency exchanges on January 11, there has also been criticism inside and outside of exchanges that its move is like...
The United States and China, which are the biggest semiconductor consumers, are mounting pressure on Korea's semiconductor companies for their protectionism.
Stiff Challenges to 'Semiconductor Korea'
8 January 2018 - 10:30am
South Korea's semiconductor companies with memory semiconductors achieved the highest performances in a super-cycle which began in earnest in 2017. However, corporate customers' complaints spiked due...
the US Department of Commerce made an annual preliminary judgment to raise an anti-dumping duty on Hyundai Steel’s WLPs to 19.42 percent from 6.23 percent imposed in 2015.
All Encompassing Pressures
5 January 2018 - 10:30am
The US is imposing high tariffs on Korean steelmakers from all directions. The US Congress laid the foundation in 2015 for such high tariffs by passing the Trade Preferences Extension Act (TPEA)...
The UAE’s unexpected largest ever investment in the South Korean stock market in Nov. is rumored to have a relation with presidential chief of staff Im’s visit to the UAE from December 9 to 12 and Defense Minister visit from November 1 to 3.
Unconvincing Investment
4 January 2018 - 10:30am
As the United Arab Emirates (UAE) unexpectedly made a largest ever investment in the South Korean stock market in November last year, much attention has been given to what is behind it. The Middle...
Almost all labor-management wage negotiations have been delayed since the inauguration of the Moon Jae-in administration.
Year’s Biggest Concern
4 January 2018 - 10:00am
Since the inauguration of the Moon Jae-in administration, cases in which labor-management wage negotiations have been delayed or dramatically concluded after some difficulties have been on the rise....
The number of employees at domestic venture firms stood at 764,000 and an average venture firm hired 22.9 staff.
Performances of Venture Firms
29 December 2017 - 11:00am
The number of employees at local venture firms came to 764,000, which is almost the same with 769,395 posted by South Korea's six major conglomerates including Samsung Group. According to the data...
The Korean government plans to consider even shutting down the exchanges when a frenzy of speculation doesn’t subside.
Measures against Cryptocurrency Speculation
29 December 2017 - 9:30am
The South Korean government will adopt a real-name financial transaction system on cryptocurrency exchanges by the end of January next year. It will also ban banks from providing virtual account...
There are growing concerns that semiconductor materials can be in short supply in 2019.
Shortage of Semiconductor Materials
28 December 2017 - 10:00am
There are growing concerns that semiconductor materials can be in short supply in 2019 as major companies at home and abroad, such as Samsung Electronics Co. and SK Hynix Inc., are expanding their...
Kim Sang-jo, Commissioner of The Korea Fair Trade Commission (KFTC).
Reversing Merger Guideline
22 December 2017 - 10:45am
The Korea Fair Trade Commission (KFTC) determined on December 21 that Samsung SDI has to additionally sell its 4.04 million or so shares in Samsung C&T in order to do away with the circular...
The Korean defense industry points out that Korea is devoid of a control tower which can meet various demands from arms purchasing countries such as offset trade, guarantees and finance.
Devoid of Proper Support
20 December 2017 - 9:30am
Korea's leading defense exporters such as Daewoo Shipbuilding & Marine Engineering (DSME), Hanwha Land Systems and Korea Aerospace Industries (KAI) have hit a snag due to the wall of "offset...

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