North Korea news

North Korea

Focus on Blockchain ServicesRecently, information technology (IT) service providers are focusing on developing and spreading blockchain services. IT service companies believe that they will be able to effectively provide blockchain-based solutions based on their experiences in building corporate solutions and partnerships with various companies. According to market research firm Gartner on June 16, the global blockchain market is expected to rapidly grow to US$10 billion (11.4 trillion…
06.19 / 22:14
businesskorea.co.kr
Immoral ManagementControversy is brewing over the disclosure of Shinhan Bank’s preliminary transfer of a son of Han Dong-woo, a former chairman of the Shinhan Financial Group to its New York branch. It was also disclosed that the son was not originally recruited in an open recruitment system of the bank but left LG Investment & Securities (currently NH Investment & Securities) in 2004 and moved to Shinhan Bank as a manager of investment banking. Han resigned from the management team last M…
06.19 / 22:14
businesskorea.co.kr
Not Duo to THADDThe Korea Institute for Industrial Economics & Trade said in its report that the recent rapid decline in South Korean automakers’ sales in China can be attributed to their low competitiveness rather than the conflict between South Korea and China that has followed THAAD deployment in the former. According to the report, the sales dropped 52.7%, 65.1% and 65.1% year on year in March, April and May this year, the three months when the conflict reached its peak, respectively. T…
06.19 / 22:14
businesskorea.co.kr
Target Vs. ActualAlthough disclosure systems to eradicate securities firms’ exaggeration in target stock prices are about to take effect, the companies are still sticking to unrealistic target stock prices and investment opinion at "buy." In particular, large-cap IT stocks, which continuously had growth this year such as Samsung Electronics and SK Hynix, showed not much difference between target and actual stock prices but automobile and steel stocks, whose prices were at a standstill or d…
06.19 / 22:14
businesskorea.co.kr
Bubbled or Not?Shinyoung Asset Management President Huh Nam-kwon and Korea Investment Value Asset Management Vice President Lee Chae-won, the two tops in value investing, announced mixed outlooks on Samsung Electronics which powered the local stock market's bull run in the first half of this year. The Samsung Electronics share price led the rally from last summer and closed at 2.28 million won (US$2,010) as of June 16, up more than 60 percent from a year earlier.  Huh said that the share …
06.19 / 22:14
businesskorea.co.kr