For the first time, coal power's share of China's total electricity generation has fallen below 50%.According to the National Energy Administration, coal power generation reached 2.5 trillion kWh in the first half of this year, accounting for 49.7% of total electricity generation, as reported by state broadcaster CCTV on July 31. This marks the first time that coal's share has dipped below 50%. The National Energy Administration stated, "This is a result of China's long-term policy to expand ren

Global investment bank UBS has issued its first analysis report on SK Hynix's American Depositary Receipts (ADR), recommending a 'Buy' rating and setting a target price of $204. The firm believes that the current stock price does not adequately reflect the growth potential driven by the expansion of artificial intelligence (AI).According to Investing.com on July 30, UBS analyst Nicolas Godoy forecasts a 36% increase in DRAM demand for next year, significantly higher than this year's expected gro

The won-dollar exchange rate has fallen to the 1420 won range as investor preference for risk assets has recovered.As of 9:21 a.m. in the Seoul foreign exchange market, the exchange rate for the Korean won against the U.S. dollar stood at 1428.7 won. Earlier, at 6 a.m., the rate was trading at 1418.0 won, down 19.40 won from the previous session.This decline is attributed to a recovery in risk appetite among investors. The dollar index, which measures the value of the dollar against six major cu

SK Hynix's soaring stock price has led to a significant rise in related leveraged exchange-traded funds (ETFs) and exchange-traded notes (ETNs).According to the Korea Exchange, as of 9:29 a.m. on July 31, the SOL SK Hynix Single Stock Leverage ETF was trading at 8,565 won, up 47.93% from the previous trading day. The KODEX SK Hynix Single Stock Leverage and TIGER SK Hynix Single Stock Leverage also surged by 47.32% and 46.87%, respectively.Additionally, other SK Hynix-related leveraged products,

Major retailers that previously rented space to Daiso are now entering the low-cost household goods market directly. As inflation persists, Daiso has gained popularity among younger consumers for its affordable products, prompting a shift in the retail landscape. Retailers are responding by launching their own uniform-price stores that offer a range of household items, fashion, and beauty products to attract younger shoppers and increase customer dwell time.According to the retail industry, Emar

40-year-old office worker A has found himself hesitating at the checkout line more often lately, scrutinizing price tags as the cost of processed foods has risen, putting a strain on his family's grocery budget. As a result, A's shopping cart is frequently filled with discounted items and affordable private brand (PB) products. With consumer price inflation remaining above 3% for two consecutive months, the landscape of grocery shopping is changing. Consumers are not just cutting back on spend

Young professional A operates a "fruit gathering" with three peers living in the same apartment complex. This group was formed to share the cost of seasonal fruits, which can be expensive and excessive for one person. Participants bring their own containers to buy and then divide the fruits equally. Recently, they collectively purchased a watermelon and a box of peaches, costing each member 7,900 won. A said, "If I had bought them alone, it would have cost over 30,000 won, and dealing with lefto

Major stocks in the top five by market capitalization are surging in early trading.As of 9:15 a.m. on July 31, Samsung Electronics is trading at 249,500 won, up 42,500 won (20.53%) from the previous trading day. SK Hynix has risen 300,000 won (22.70%) to 1,622,000 won. Samsung Electronics preferred shares and SK Square have also jumped 20.66% and 26.41%, respectively, while Samsung Electro-Mechanics has hit its upper limit with a 29.69% increase.This surge is attributed to a rebound in semicondu

NH Nonghyup Bank announced on July 31 that it has issued Korean green bonds worth 100 billion won at an interest rate of 3.69%. This issuance marks the first Korean green bond in nearly three years since 2023, aimed at expanding eco-friendly finance and supporting the transition to a sustainable green economy. The bonds, which have a one-year maturity, comply with the Korean green taxonomy (K-Taxonomy), and the funds raised will be fully utilized for eco-friendly projects, including the purcha