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Samsung likely to report losses in chip business amid global headwinds

Samsung Electronics is likely to report poor results in its chip business next month, analysts said, as the ongoing global economic challenges that have resulted in reduced consumer demand negatively affect the company's performance.Samsung's .

Samsung s chip biz is likely to report losses, defies pressure to rein in output

Samsung Electronics is likely to report poor results in its chip business next month, analysts said Monday, as the ongoing global economic challenges that have resulted in reduced consumer demand negatively affect the company s performance.

[ANALYSIS] Korea s IPO market expected to bounce back in 2nd half

After a quite active 2021, Korea s initial public offering (IPO) market remained sluggish for the entirety of 2022. Proceeds from IPOs were down last year as high valuations became a thing of the past amid a shaky stock market and rising interest rates.

Daol Investment put up for sale

Korea s first-generation venture capital firm Daol Investment, formerly known as KTB Network, has been put up in the M&A market, as its parent company aims to secure liquidity amid market uncertainties.

KEPCO bonds aggravate fears of corporate credit crunch

A massive volume of bonds issued by the Korea Electric Power Corporation (KEPCO) throughout this year has been jolting local corporate bonds market, becoming a source of stress on already strained corporate bonds and commercial paper (CP) markets in the country. According to data by the Korea Securities Depository (KSD) Thursday, KEPCO has so far issued bonds worth 23.49 trillion won ($16.57 billion) this year. The amount is already more than double of the entire size of KEPCO bonds issued last year. On average, it means the state-run electric power company has been providing two to three trillion won worth of top-notched credit bonds every month this year; this month alone, the power company has issued over 1.73 trillion won worth of bonds.

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