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Thu, March 4, 2021 | 09:40

[Analysis] 'Spike in inflation will have limited impact on stocks'

The South Korean stock market is feeling some pressure because Wall Street investors were apparently focusing more on the effects of a spike in the 10-year Treasury bond yield. But market analysts say rising yields and fears of inflation are signs of economic growth.

Markets | 2021-02-27 09:31

FKI holds onto Huh Chang-soo for another term

The Federation of Korean Industries (FKI) said Thursday it has reappointed Huh Chang-soo as its head.Huh, who has been serving in the post since 2011, will stay on for another two years. With his reappointment, Huh is the longest-serving chief of the business lobby, according to the group.

Politics | 2021-02-25 18:18

'BMW would be ideal partner for Apple iCar'

BMW would be the “ideal partner” for Apple as both companies have claims to innovative leadership, superior brand equity and design and are excellent in global manufacturing with value chain management. “Apple has various partnerships with carmakers and many have integrated Car Play into their infotainment systems. Furthermore, BMW is the first brand to offer a digital car ke...

IT | 2021-02-25 16:12

Tesla chief's bitcoin purchases affecting price: Bank of Korea

Bank of Korea (BOK) Governor Lee Ju-yeol said Tuesday that Tesla CEO Elon Musk's recent mass purchases of bitcoins caused the price of the best-known cryptocurrency to rise steeply.

Markets | 2021-02-23 16:22

Rise in US treasury yields unlikely to prompt tantrum for stocks

A recent steep rise in U.S. bond yields and a possible signal of U.S. inflation worries have some Wall Street investors wary that a repeat of the 2013 “taper tantrum” is in sight, possibly affecting the local stock market.

Economy | 2021-02-22 16:53

Samsung Display accelerates ESG management

Samsung Display said it will further boost environmental, social and governance (ESG) measures, which have become important features in measuring the sustainability and ethical impact of investments.

IT | 2021-02-21 14:10

LG to supply 'foldable panels' for Apple

As Apple is preparing to launch its first “foldable iPhone” models, the first such models to be released in 2023, at the earliest, LG Display is involved in developing foldable display panels for such forthcoming new Apple devices, sources said Sunday.

IT | 2021-02-20 09:37

Biden's intellectual property drive impacts SK-LG dispute

U.S. President Joe Biden is expected to review a final ruling by the United States International Trade Commission (USITC) in favor of LG Energy Solution (LGES) in a multi-billion dollar battle with Korean rival SK Innovation (SKI) over the alleged misappropriation of intellectual property on electric vehicle (EV) batteries.

IT | 2021-02-18 16:00

Coupang IPO could test Wall Street's appetite for profits

Coupang's looming initial public offering (IPO) on the New York Stock Exchange (NYSE) could offer a chance to test investors' appetite for a promising but risky business. The company has been growing rapidly, while it remains saddled by huge debt, and will face fiercer competition from rivals such as Amazon as well as potential regulatory and labor risks.

Markets | 2021-02-17 16:47

Coupang to upgrade delivery service after going public

Negotiation touted as best option in LG-SK dispute

In the world of business, a negotiation is a process between interested parties aiming to find common ground and eventually reach a consensus to possibly settle a matter of “mutual concern,” resolve a conflict and exchange value.

IT | 2021-02-15 16:21

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