Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Job creation lowest on record among under-30s
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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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[EQUITIES] Kiwoom Securities forecasts 9% operating profit decline for Lotte Shopping in Q2
[THE INVESTOR] Kiwoom Securities forecast Lotte Shopping will post underperforming second-quarter operating profit due to sluggish retail sector performance.Operating profit was expected to fall 9.1 percent to 184.8 billion won (US$161.68 million), while sales will rise 3.3 percent to 7.64 trillion won. The latest investigations into Lotte Homeshopping and closing of the duty-free shop in Lotte World Tower were cited as some of the factors weighing on the firm, in addition to the scandal over to
July 22, 2016
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[EQUITIES] Dongbu Securities puts LG Chem’s Q3 operating profit at W518b
[THE INVESTOR] Dongbu Securities on July 22 said it expects LG Chem ’s third quarter operating profit to fall from the second quarter to 517.6 billion won (US$455.84 million). Seasonal factors were cited as the biggest reason, but the brokerage also said the chemicals maker would maintain its growth momentum.In the second quarter of the year, LG Chem posted 615.8 billion won of operating profit, up 9.3 percent on-year. The figure was also higher than the market consensus of 574.3 billion won.By
July 22, 2016
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[EQUITIES] Mirae Asset Daewoo forecasts W518b net profit in Q3
[THE INVESTOR] Mirae Asset Securities on July 22 forecast that KB Financial will post a net profit of 517.8 billion won (US$453.02 million) in the third quarter to continue on a path of positive earnings.It cited improving interest rate profit margins and narrowing deficit in non-interest rate profit as reasons behind the quarterly gains. In the second quarter, KB Financial posted 580.4 billion won of net profit. The figure reflects a 70.9 percent increase on-year, and is also 30 percent higher
July 22, 2016
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[EQUITIES] HMC Investment Securities forecasts POSCO to post 10% rise in H2 operating profit
[THE INVESTOR] HMC Investment Securities on July 22 forecast steelmaker POSCO will see its operating profit rise 10 percent from the first half to 1.43 trillion won (US$1.25 billion) on a non-consolidated basis. The brokerage also downplayed POSCO’s lackluster second-quarter earnings, saying it was caused by a delay in POSCO Engineering & Construction’s project building a steel mill in Brazil. The issue will likely be resolved by the fourth quarter, it said. China’s steel prices are also expecte
July 22, 2016