FX swap points in South Korea rose across all tenors on December 26, driven by strong bid-side demand and a smooth year-end transition, with dealers citing a surplus of dollars in the market.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97317

South Korean government bond yields rose as foreign investor flows, FX stabilization from NPS hedging, and anticipation of January bond issuance shaped thin year-end trading.
#YonhapInfomax #GovernmentBondYields #NationalPensionService #ForeignInvestorFlows #USDKRW #BondIssuancePlan #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97315

Genesis BBQ Group CEO Kim Ji-hoon has resigned after just five months in the role, citing personal reasons, marking a swift leadership change at the major South Korean chicken franchise.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97314

Alteogen Inc. has named Jeon Tae-yeon as its new CEO, with founder Park Soon-jae stepping down from the chief executive role but remaining as board chairman, signaling a leadership transition at the South Korean biopharma firm.
#YonhapInfomax #Alteogen #JeonTaeYeon #ChiefExecutiveOfficer #ALTB4 #LeadershipTransition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97313

The South Korean won surged to a two-month high against the US dollar, closing at 1,440.30 after the National Pension Service resumed strategic currency hedging, with foreign investor stock buying and exporter dollar sales accelerating the decline.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97312

KB Insurance Co. has implemented a major organizational restructuring to strengthen accountability, enhance AI-driven operations, and adapt to changing sales channels, aiming to secure future growth in South Korea's insurance market.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97309

HD Hyundai Heavy Industries has secured an 844.7 billion won ($650 million) contract to build two 3,200-ton frigates for the Philippine Navy, expanding its role in the country's naval modernization program.
#YonhapInfomax #HDHyundaiHeavyIndustries #PhilippineNavy #FrigateOrder #NavalModernization #8447BillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97306

Lotte Hotel Co. will invest 214.4 billion won ($164 million) for a 19.07% stake in Lotte Biologics, as Lotte Group ramps up support for its biopharma business through new funding initiatives.
#YonhapInfomax #LotteHotel #LotteBiologics #EquityInvestment #HybridSecurities #PaidInCapitalIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97303

Chinese stock markets extended gains for an eighth straight session, with the Shanghai Composite rising 0.10% amid tech stock weakness and optimism over economic stimulus, while a stronger yuan fueled hopes for increased foreign inflows.
#YonhapInfomax #ShanghaiComposite #TechStocks #EconomicStimulus #YuanAppreciation #ForeignInflow #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97307

Japanese stocks closed higher as strong dividend demand pushed the TOPIX to a record intraday high, with tech shares leading gains and inflation data fueling expectations for a slower BOJ rate hike path.
#YonhapInfomax
#TOPIX #Nikkei225 #DividendDemand #BankOfJapan #Inflation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97302

LG Energy Solution has terminated a $3 billion EV battery supply contract with US-based FBPS following the partner’s exit from the battery business, marking over $10 billion in canceled orders this month and intensifying concerns about weakening North American EV demand.
#YonhapInfomax #LGEnergySolution #FBPS #BatterySupplyContract #EVDemand #ContractCancellation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97299

The Korean won strengthens sharply against the US dollar, closing at 1,440.3—its lowest level since November 4, signaling renewed currency momentum.
#YonhapInfomax #DollarWon #ExchangeRate #CurrencyMarket #LowestLevel #November4 #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97301

The global cryptocurrency industry saw M&A volume soar to $8.6 billion in 2024, nearly tripling year-on-year, driven by major deals and regulatory shifts in the US and EU.
#YonhapInfomax #Cryptocurrency #MergersAndAcquisitions #Coinbase #Regulation #Stablecoins #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97298

South Korea's Democratic Party has submitted a special counsel bill targeting alleged political-religious collusion involving the Unification Church and Shincheonji, with third-party legal groups nominating candidates and a maximum 170-day investigation period.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97296

LG Energy Solution has mutually terminated a $3 billion electric vehicle battery supply contract with US-based FBPS after the latter's exit from the battery business, impacting 11.6% of LGES's 2023 revenue.
#YonhapInfomax #LGEnergySolution #FBPS #BatterySupplyContract #ContractTermination #RevenueImpact #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97294

Samchully Co., Ltd. has agreed to acquire 100% of Sungkyung Food from Affirma Capital for KRW 120 billion, aiming to boost its food business and create synergies with its lifestyle and dining operations.
#YonhapInfomax #Samchully #SungkyungFood #AffirmaCapital #Acquisition #KRW120Billion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97291

Shinsegae Property Co. received the Minister of Trade, Industry and Energy Award at the Korea Distribution Awards for its initiatives supporting mutual growth with local businesses and small merchants, including Starfield Hanam's programs and partnerships with government agencies.
#YonhapInfomax #ShinsegaeProperty #KoreaDistributionAwards #MutualGrowth #StarfieldHanam #SmallBusinessSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97285

South Korea's ruling party condemned Coupang for prioritizing US lobbying over accountability in a data breach affecting 33.7 million users, calling it "corporate arrogance" and urging a principled government response.
#YonhapInfomax #Coupang #DataBreach #PeoplePowerParty #USLobbying #PersonalInformationLeak #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97290

Korea Investors Service and NICE Investors Service downgraded POSCO E&C's credit outlook to 'Negative' amid mounting losses from safety incidents and unsold inventory, projecting annual operating losses to exceed 400 billion won ($306 million) and highlighting increased regulatory risks.
#YonhapInfomax
#POSCOEC #CreditRating #OperatingLoss #SafetyIncidents #KoreaInvestorsService
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97289

Samsung Electronics will operate a 1,400-pyeong exclusive pavilion at CES 2026 in Las Vegas, unveiling a new AI-focused exhibition format and hosting the Samsung Tech Forum to highlight its vision for future technologies.
#YonhapInfomax #SamsungElectronics #CES2026 #AIVision #TechForum #ExhibitionPavilion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97288