South Korea Financial News

26.07 / 14:17

UPS Target Manufacturing performer Jindal Stainless Q1 net up 45% at ₹738 crore

₹738 crore during the first quarter of the current financial year, a 45% year-on-year (YoY) rise on the back of growth in the domestic market. The company further reported 25% YoY growth in net revenue from ₹8,119 crore in the same period last fiscal year to ₹10,184 crore in the current fiscal year. The company’s standalone sales volume for the quarter stood at 548,613 metric tonnes (MT), up 54% YoY, buoyed by macroeconomic factors, notwithstanding the global slump in sales and market volatility.

26.07 / 13:30

Apple Rhythm Samsung classical Samsung Galaxy Watch 6 vs Apple Watch Series 8: A spec-by-spec comparison

Galaxy Unpacked event in South Korea today where it launched new Galaxy Z Flip 5, Galaxy Z Fold 5, Galaxy Tab S9 series and Galaxy Watch 6 series. The new-genEration of Samsung Galaxy Watch 6 series consists of two new smartwatches - Galaxy Watch 6 and Galaxy Watch 6 Classic.

26.07 / 12:55

UPS Booking Mobile Qualcomm Samsung cover Features Samsung Galaxy Tab S9, S9+ and S9 Ultra launched with S Pen: Features, availability and more

Galaxy Unpacked 2023 event in South Korea today. Along with new generation of foldable phones, the company unveiled its new Galaxy Tab S9 series comprising three models - Samsung Galaxy Tab S9, S9+ and S9 Ultra with Dynamic AMOLED 2X display and Qualcomm Snapdragon 8 Gen 2. Samsung Galaxy Tab S9 series comes in two colors- Beige and Graphite.

26.07 / 10:17

CAT country Flu outbreak strain Warning Bird Flu Outbreak: WHO issues warning after H1N1 strain infects cats in countries. All you need to know

Public health measures, including avoiding the feeding of raw poultry to cats and promptly reporting any unusual animal illnesses, remain crucial to prevent and control such outbreaks in the future. Apart from Poland, strain of bird flu in two cats in a feline shelter in South Korea.

26.07 / 10:07

FIVE Fighting Fallout Southern Luna track country Crypto Crime South Korea Forms Joint Crypto Crime Investigation Unit to Fight Surging Crypto Illegal Activities

South Korean prosecutors and financial authorities have launched an interagency crypto crime division to crack down on crypto-related illegal activities.

26.07 / 07:59

UPS CEO Tesla Hyundai Hyundai Motor lifts full-year outlook as Q2 profit up 15%

South Korea’s Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15% rise in quarterly net profit helped by a weaker won currency, robust sales of electric vehicles (EVs) and increased production.

26.07 / 06:05

UPS Lowe's Target show performer Asia FX slips as Fed hike approaches, Aussie slides on weak CPI

Investing.com — Most Asian currencies retreated on Wednesday, while the dollar steadied as investors hunkered down before a widely expected interest rate hike from the Federal Reserve.

26.07 / 06:05

COMPOSITE Samsung show country electronic Asian stocks Asian stocks dip before the Fed, Australia rallies on soft inflation

Investing.com — Most Asian stocks moved in a flat-to-low range on Wednesday before a widely expected interest rate hike by the Federal Reserve due later in the day, while Australian shares rallied on weaker-than-expected inflation data.

26.07 / 05:21

CEO Compilation Tesla Hyundai Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations

SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales of high-margin sport utility vehicles and increased output following an easing in global semiconductor shortages.

26.07 / 05:13

Mobile Apple LG Display posts 5th consecutive quarterly loss

SEOUL (Reuters) — South Korea's LG Display (NYSE:LPL) on Wednesday posted its fifth consecutive quarterly loss as poor demand for mobile display panels was compounded by continued weakness in premium TV demand in its key market Europe.

26.07 / 04:25

Waters Photography Samsung performer country cover Samsung Galaxy Unpacked event: Where and how to watch the livestream, what all to expect

Samsung Galaxy Z Fold 5 and Galaxy Z Flip 5. Previously, the company had launched the Samsung Galaxy S23 series at the Galaxy Unpacked event. Here is everything you need to know about the upcoming event.

26.07 / 01:59

UPS Lowe's Reuters Samsung electronic SK Hynix logs Q2 loss, but AI fever seen boosting some chip demand

Investing.com-- South Korean chipmaker SK Hynix Inc (KS:000660) posted an operating loss for the second quarter on Wednesday, but said that some sectors of chip demand were beginning to pick up amid increased interest in artificial intelligence development.

26.07 / 01:55

UPS Target DOW NIFTY Indian Gift Nifty flat, Asian markets mixed ahead of Fed policy - key global cues for Indian stock market today

US Federal Reserve interest rate decision on Wednesday. The Fed is widely expected to raise its benchmark funds rate by 25 basis points (bps) to a target range of 5.25%-5.5%, its highest level since January 2001. Meanwhile, the International Monetary Fund (IMF) raised its 2023 global growth estimates but warned that persistent challenges were dampening the medium-term outlook.

25.07 / 20:01

UPS Extreme performer stage star Cancer survivor, World Cup scorer: meet Colombia’s teen star Linda Caicedo

Caicedo’s broad smile at fulltime said it all. She’s not only at the Women’s World Cup, but she won a game and she scored a goal. A cancer survivor, a Real Madrid star and now a scorer on her debut on the biggest stage in women’s football, the Colombia forward is an inspirational figure already at the age of 18.

25.07 / 13:55

UPS Provident Binance Platform coinbase Bitcoin country services Binance's New Platform in Japan to Provide Full Services from August

Binance revealed that it is finally ready to roll out its full services on its recently-launched subsidiary platform in Japan.

25.07 / 13:15

UPS Samsung shootings country fun Samsung Galaxy F34 5G confirmed to launch in India soon, to feature 120Hz refresh rate

Samsung Galaxy F34 5G, but it is likely that the handset may launch soon in the country. The smartphone will be available via Walmart-owned Flipkart. Samsung says that Galaxy F34 5G will offer an ‘unparalleled viewing experience’ with 120Hz Super AMOLED display.

25.07 / 07:35

UPS Lowe's Target show Asia FX rises, dollar stumbles as Fed meeting approaches

Investing.com — Most Asian currencies firmed on Tuesday, aided by a mix of dollar weakness and promises of more Chinese stimulus aided sentiment, with focus now turning to an upcoming Federal Reserve meeting.

25.07 / 05:25

Reuters Man MER country symptoms What is the new MERS Coronavirus detected in Abu Dhabi? Symptoms developed without any contact history

COVID pandemic, but the virus continues to infect people in different parts of the world. A new case of MERS-CoV has been reported by the WHO in Abu Dhabi on Monday. According to the World Health Organisation, an adult in his twenties was diagnosed with potentially fatal Middle East Respidatory Syndrome Coronavirus (MERS-CoV) after he was admitted in hospital last month.

25.07 / 04:43

UPS Target Manufacturing Japan's export curbs on chip equipment to China take effect

China from creating high-end semiconductors suitable for military applications, Japan's curbs on the export of advanced chip-making equipment went into effect on Sunday, Kyodo news reported. Japan included 23 goods used in chip fabrication that need authorisation for export with the modification of a trade ministry ordinance under the foreign currency law.

25.07 / 03:23

UPS Provident Waters Celebrity show country North Korea fires 2 short-range ballistic missiles after US submarine arrives in South Korea

North Korea fired two short-range ballistic missiles into its eastern sea, South Korea's military said on Tuesday, adding to a recent streak in weapons testing that is apparently in protest of the US sending major naval assets to South Korea in a show of force. In its third round of launches since last week, North Korea fired the missiles just before midnight from an area near its capital, Pyongyang, South Korea's Joint Chiefs of Staff said. It said both missiles travelled around 400 kilometers (248 miles) before landing in waters off the Korean Peninsula's eastern coast.

25.07 / 03:01

Lowe's COMPOSITE KOSPI performer country Asian stocks Asian stocks muted as Fed looms, China rallies on stimulus talk

Investing.com-- Most Asian stocks kept to a tight range on Tuesday as markets awaited more cues from a Federal Reserve meeting this week, while Chinese markets rose sharply after top officials promised more policies to support growth.

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