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AutomobilesHyundai Motor Korea unit to manage Asia-Pacific markets
Hyundai Motor Co. is gearing up to manage the Asia-Pacific markets, excluding China and India, from its home office. South Korea...
Dec 01, 2021 (Gmt+09:00)
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EconomyKorea’s November exports top $60 bn for first time to fresh high
South Korea’s exports in November exceeded $60 billion for the first time in terms of monthly shipments to an all-time hig...
Dec 01, 2021 (Gmt+09:00)
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Private equityKorea Post selects Ardian, Hamilton Lane for $100 mn co-investment
Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilto...
Dec 01, 2021 (Gmt+09:00)
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Corporate restructuringPOSCO mulls holding company structure to raise enterprise value
South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part...
Dec 01, 2021 (Gmt+09:00)
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MetaverseSoftbank joins $190 mn fundraising by Naver metaverse platform
Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market...
Dec 01, 2021 (Gmt+09:00)
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Alternative investmentsPolar Asset joins NPS' hedge fund managers in Q3
National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedg...
Dec 01, 2021 (Gmt+09:00)
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Future mobilityHyundai Mobis unveils foldable steering wheel
South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along w...
Dec 01, 2021 (Gmt+09:00)
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Pre-IPOsMarket Kurly raises $200 mn at over $3 bn valuation
Kurly Inc., an operator of South Korea's online grocery delivery service Market Kurly, has raised 250 billion won ($212 million)...
Dec 01, 2021 (Gmt+09:00)
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BlockchainMediBloc aims to promote safe exchange of medical data using blockchain
As the adoption of artificial intelligence becomes more prevalent, the value of data also increases rapidly. The quality ...
Dec 01, 2021 (Gmt+09:00)
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AutomobilesHyundai named Top Gear’s carmaker of the year; i20 N car of the year
Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in reco...
Dec 01, 2021 (Gmt+09:00)
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Mergers & AcquisitionsHankook Tire buys Canada's self-driving sensor maker
South Korea's Hankook Tire Group has acquired a majority stake worth 204.5 billion won ($173 million) in Canada's Preciseley Mic...
Dec 01, 2021 (Gmt+09:00)
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Alternative investmentsNPS adds Warburg Pincus as real estate asset manager in Q3
The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estat...
Dec 01, 2021 (Gmt+09:00)