South Korea's import prices rose 1.7% in September, the first rise in four months, the Bank of Korea said, as Dubai crude jumped 28.1% to $113.71 a barrel. In won terms the oil rise was about 23.8%, and export prices fell 0.8%, partly on the same stronger currency.
Perspective Coverage
4 publishers
- Builder
- Builder 5%
- Operator
- Operator 40%
- Investor
- Investor 55%
Reality
- Evidence82
- Adoption
- Not scored
- Hype gap0
- Incentives
- Not scored
- Confidence85
South Korea held its gasoline price cap at 1,784 won a liter for a fourth straight period, with Brent at $105.90. Industry estimates put refiners' losses at 7 trillion to 8 trillion won, above the 5.6497 trillion won budgeted.
Perspective Coverage
3 publishers
- Builder
- Builder 4%
- Operator
- Operator 59%
- Investor
- Investor 37%
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+12
- Incentives45
- Confidence68
White House press secretary Katie Zacharia tied $54 billion of Korea's up-to-$200 billion US energy package to Alaska LNG on Tuesday. Seoul's trade ministry says the project is not finalized and needs a commercial-viability review first.
Reality
- Evidence55
- Adoption15
- Hype gap+60
- Incentives55
- Confidence65
Lexus Korea launched the eighth-generation ES on Oct. 13 with its first electric version, the ES 350e, starting at 71.6 million won. It priced the 350e Premium 1.3 million won under the matching hybrid, Seoul Economic Daily reported.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives50
- Confidence70
Korean police are seeking FBI help to obtain account and access-log data, since the 26-year-old in China named as the attacker may not be the one. The man denies any role, saying his phone number was stolen.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap−10
- Incentives
- Not scored
- Confidence55
South Korea's won rose for a fifth straight session to 1,338.5 per dollar on Oct. 8 even as foreigners sold about 2 trillion won of Korean shares. Seoul Economic Daily credits exporters converting chip-export dollars, so the rally holds only as long as that selling outweighs a firmer greenback.
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence65
Hackers took data on 25,000 Shinhan customers through a site built for loan recruiters
South Korea's financial regulator gave lenders until Thursday to check every internet-facing system after hackers breached at least seven banks. Attackers entered through tools built for loan recruiters and staff, so the repair falls on how much credit data banks let outsiders see.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence55
Ten lawmakers want the FIU to file its own criminal complaints against unregistered crypto operators. Police had dropped 23 of 25 referrals, mostly because the targets sat overseas.
Reality
- Evidence60
- Adoption24
- Hype gap+28
- Incentives52
- Confidence64