How to Buy Korean Stocks as a Foreign Investor (2026 Complete Guide)
Three routes to Korean stocks in 2026: ETF (EWY), US ADRs (SKHY, PKX, KB), or direct KRX via Interactive Brokers. Covers dividend tax rates, fees, and account setup.
KOSPI Circuit Breakers & Sidecar Rules: Complete 2026 Guide
Complete guide to KOSPI circuit breakers (−8%/−15%/−20%) and sidecars (±5% futures). Includes all 2026 activations and comparison to U.S. rules.
Bank of Korea July Preview: First Rate Hike Since 2023 Expected on July 16
The Bank of Korea meets July 16 with consensus for a 25bp hike to 2.75% — the first increase since January 2023. What it means for the won, banks, and the SKHY premium.
SK Hynix (SKHY) Options Start Trading This Week: What US Investors Should Know
SKHY options are expected to start trading around July 14. The ADR's ~15% premium to Seoul shares, unresolved conversion rules, and what US investors should watch.
How to Read a Balance Sheet (Part 4): Liabilities and the Cash-Rich Debt Paradox
Apple holds $132B in cash yet carries $99B in real debt — why? This Part 4 breaks down Apple's $285B in liabilities, separates operational from financial debt, and resolves the cash-rich debt paradox.
How to Read a Balance Sheet (Part 3): Non-Current Assets and Capital Expenditures
Apple's $211B in non-current assets reveals a company that holds more bonds than factories. With CapEx at just 3.2% of revenue versus 18% for peers, Apple's balance sheet looks more like a hedge fund than a manufacturer — a structural advantage that fuels its enormous buyback program.
How to Read a Balance Sheet (Part 2): Inside Current Assets
Apple's $148B in current assets, line by line. Why $35.9B in cash isn't all cash, what 37-day DSO reveals about Apple's leverage over carriers, and how a $5.7B inventory and $33B in vendor non-trade receivables form the most powerful supply chain in commercial history.
How to Read a Balance Sheet (Part 1): What It Tells You About Apple
How to Read an Income Statement (Part 4): Non-Operating Income, Taxes & Net Income
Samsung's FY2023 operating income was only ₩6.6T, but its net income was ₩15.5T — more than 2× the operating profit. We unpack the last three lines of the income statement: Non-Operating Income, Taxes, and Net Income, and reveal why "never judge a company by net income alone" is the most important rule in fundamental analysis.
How to Read an Income Statement (Part 3): SG&A and Operating Income
Part 3 of the income statement series traces where Samsung's ₩88 trillion in SG&A went — and shows why R&D and operating margin reveal more about a business than revenue ever can. Plus a segment plot twist: Samsung's true profit engine is memory, not phones.
How to Read an Income Statement (Part 2.5): Depreciation, Explained
A bonus chapter that decodes depreciation — the ₩43T "non-cash expense" that confuses investors. Learn the matching principle, why EBITDA exists, and how Amazon survived years of "losses" through this single concept.
How to Read an Income Statement (Part 2): COGS and Gross Profit
Part 2 of the income statement series breaks down Cost of Goods Sold and gross profit using Samsung's FY2025 numbers. Samsung's gross margin jumped 9 percentage points in two years — here's what memory pricing and operating leverage have to do with it.