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Showing posts with the label investment environment

Gang Gam-chan and the Battle of Gwiju: A Historic Victory That Preserved the Dignity of Goryeo

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It is unclear whether the Khitan cavalry actually looked exactly like this. However, in ancient warfare, resisting an assault by such a mounted force would have been extraordinarily difficult—much like modern infantry attempting to defend against armored vehicles and tanks. By successfully repelling the attack of 100,000 northern cavalrymen, Goryeo ultimately compelled the Liao dynasty to abandon further invasions for the next hundred years. Gang Gam-chan and the Battle of Gwiju: A Victory That Preserved Goryeo’s Dignity and Reshaped the East Asian Order The Battle of Gwiju was a decisive confrontation in which the Goryeo army, led by General Gang Gam-chan, defeated the Khitan cavalry—the most powerful mounted force of its time. This victory elevated the international standing of Goryeo, founded by Wang Geon, and marked a historic turning point in the East Asian geopolitical order. Introduction: Why the Battle of Gwiju Is Still Remembered Today Dear readers, welcome. In a previous post...

South Korea's Stock Market: Opportunities, Risks, and Future Outlook in 2025

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  Evening skyline of Yeouido , Seoul, the heart of Korea's financial industry Introduction: Dear readers, Welcome. Today, I’d like to take you on a journey through the South Korean stock market—its history, current dynamics, and where it may be headed. For those familiar with capital markets in the U.S. and other developed countries, the Korean market might seem unfamiliar. Yet, its development and distinct characteristics offer important insights within the broader global economy. A Late Start, But Rapid Growth The Korean stock market officially began in 1956 with the establishment of the Korea Stock Exchange . This is considerably later than the New York Stock Exchange , which opened in 1792. Despite the late start, the Korean market has seen rapid development over the past several decades. The “Box Range” Dilemma However, the market still faces several structural challenges. One of the most notable issues is the so-called “ box range ” phenomenon. For years, the KOSPI (...