Korea Joongang Daily
Korea JoongAng Daily

Webtoon Entertainment soars on Nasdaq debut, eyes global franchise success

Webtoon Entertainment's chief envisions that the company could birth the next major global franchise on par with the cultural impact of Harry Potter or Pokemon after its successful debut on the U.S. Nasdaq market on Thursday.

2024-06-28

Yanolja establishes U.S. subsidiary as part of public listing push

Online hotel booking company Yanolja set up a subsidiary in the United States as part of its push to go public.

2024-06-03

[EXCLUSIVE] Samsung wary over pre-IPO investment in Arm

Samsung Electronics is reviewing the equity purchase of British chip designer Arm, taking “a conservative approach,” according to Samsung’s executive, due to its perceived overvaluation and regulatory risks.

2023-08-17

Shares open lower on recession fears

Korean shares opened lower Monday on growing fears of a global economic slowdown over the Federal Reserve's monetary tightening to tame inflation. The Kospi fell 11.29 points, or 0.48 percent, to 2,348.73 in the first 15 minutes of trading.

2022-12-19

Shares in Korea open higher on eased woes over sharp rate hikes

Stocks opened higher Wednesday on cooler-than-expected inflation data in the United States. The Kospi added 20.06 points, or 0.85 percent, to 2,392.46 in the first 15 minutes of trading.

2022-12-14

Shares in Korea open higher Tuesday on U.S. gains

Stocks opened higher Tuesday, tracking overnight gains on Wall Street, with the U.S. Federal Reserve's upcoming interest rate-setting meeting in focus. The Kospi added 9.36 points, or 0.39 percent, to 2,382.38 in the first 15 minutes of trading.

2022-12-13

Seoul shares open lower on overnight falls on Wall Street

Stocks opened lower on Wednesday, tracking overnight falls on Wall Street, amid concerns that the U.S. Federal Reserve may continue its aggressive monetary tightening following strong economic data.

2022-12-07

Stocks mixed at the open, won strengthens against dollar

Shares opened lower Monday on concern that a stronger-than-expected U.S. jobs report may lead to aggressive tightening by the U.S. Federal Reserve.

2022-12-05

Stocks open lower Friday following recent rallies

Stocks opened lower Friday, as investors took a breather after recent rallies fueled by optimism that the U.S. Federal Reserve may slow the pace of interest rate hikes.

2022-12-02

Stocks make slight recovery after weak start Tuesday

Stocks turned a tad higher after a weak start Tuesday, amid concerns over China's strict Covid-19 lockdowns and hawkish remarks by U.S. Federal Reserve policymakers on rate policy outlooks.

2022-11-29