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K bank reaches Kospi after long, bumpy IPO journey
FinanceKorea Herald5mo ago

K bank reaches Kospi after long, bumpy IPO journey

The market has proved no easy battlefield for K bank, Korea’s first online-only lender, as it finally completed a long and bumpy journey to the Kospi on Thursday, following two failed attempts to go public. The debut drew a strong reception, with the stock surging as much as 16 percent to 9,880 won ($6.70) in the first hour of trading, well above its initial public offering price of 8,300 won. K bank sold 60 million shares in the IPO, raising about 498 billion won and valuing the lender at rough

Businessbloomberg22d ago

Global Markets Brace for Week of Risk Events

Equity investors are preparing for a volatile week ahead, with a long list of potential risk events expected to impact markets. The outlook suggests a bumpy ride for stocks, dispelling any thoughts of a quiet summer period.

BusinessFT2mo ago

Challenges in Electric Vehicle Market

The electric vehicle market faces a challenging path to success, with the launch of Ferrari Luce serving as an example that offers lessons for established manufacturers.

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions
WorldAPReutersBBC+134bloombergNYTwsjFTle-mondewapoThe GuardianNPR+126 more3mo ago137 sources

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions

A South Korean-run vessel was hit by an explosion and fire in the Strait of Hormuz, prompting Seoul to confirm an attack and raising regional tensions. The incident led to the US escorting merchant ships and rejecting Iranian claims of missile strikes on its warships, while also urging China to press Iran on opening the strait.

Adrien Brody's Broadway Debut in 'The Fear of 13' Receives Reviews
CultureThe Guardianvarietyhollywood-reporter+1deadline4mo ago4 sources

Adrien Brody's Broadway Debut in 'The Fear of 13' Receives Reviews

Adrien Brody made his Broadway debut in Lindsey Ferrentino's play 'The Fear of 13,' co-starring Tessa Thompson. The production has garnered various reviews, with critics commenting on the performances and the play's writing.

New Found Glory's Chad Gilbert Gives Update After Brain Surgery
Culturerolling-stonebillboardtmz4mo ago3 sources

New Found Glory's Chad Gilbert Gives Update After Brain Surgery

Chad Gilbert, guitarist and singer for New Found Glory, is recuperating after undergoing surgery to remove three brain tumors last month and has now provided an update, stating he feels much better and is getting stronger daily despite a bumpy recovery.

West Bengal Assembly Dissolved After CM Mamata Refuses to Resign
PoliticsThe GuardianTimes of Indiahindustan-times+2indian-expressndtv3mo ago5 sources

West Bengal Assembly Dissolved After CM Mamata Refuses to Resign

The Governor of West Bengal dissolved the state assembly and Mamata Banerjee's cabinet after she defiantly refused to resign as Chief Minister. This action paves the way for the formation of a new government, with the BJP preparing to take power, while Banerjee's party plans to challenge the dissolution.

Confiscated Crocodile Moved to Schönbrunn Zoo
Scienceder-standarddie-presse4mo ago2 sources

Confiscated Crocodile Moved to Schönbrunn Zoo

A crocodile that was confiscated from an allotment garden in Germany has been successfully relocated to the Schönbrunn Zoo. The animal, identified as a bumpy crocodile, will now reside in the Austrian zoo.