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Business & PoliticsYoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years...
Mar 08, 2023 (Gmt+09:00)
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Travel & LeisureSeoul to build world’s 2nd-largest Ferris wheel in 2027
South Korea’s capital city Seoul will build the world’s second-largest Ferris wheel, the Seoul Ring, on a former lan...
Mar 08, 2023 (Gmt+09:00)
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Mergers & AcquisitionsWill SM shares’ bull run foil Kakao’s takeover attempt?
The bull run in shares of SM Entertainment Co. may deal a heavy blow to Kakao Corp. ’s 1.25-trillion-won ($950 million) ta...
Mar 08, 2023 (Gmt+09:00)
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EconomyS.Korea pledges steps to attract more foreign investment
South Korea will boost foreign investment in the country through increased incentives and deregulation, Finance Minister and Dep...
Mar 08, 2023 (Gmt+09:00)
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Foreign exchangeKorea won sees largest drop in 1 month on hawkish Powell
The South Korean won currency on Wednesday suffered its largest depreciation in more than a month as Federal Reserve Chairman ...
Mar 08, 2023 (Gmt+09:00)
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Korean startupsSentBe, back from brink of collapse to play in major league
SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play i...
Mar 08, 2023 (Gmt+09:00)
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ConstructionSK Oceanplant acquires patents for offshore wind power structure fabrication
SK Oceanplant, a South Korean ship and offshore plant builder formerly known as Samkang M&T, announced on Wednesday that it ...
Mar 08, 2023 (Gmt+09:00)
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Business & PoliticsHanwha hires former Biden confidant as US government affairs chief
WASHINGTON D.C. – South Korea’s chemicals-to-defense conglomerate Hanwha Group has hired Danny O’Brien, a top ...
Mar 08, 2023 (Gmt+09:00)
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ESGPOSCO Flow to assist World Vision in transportation of relief goods
POSCO Flow, a logistics partner of World Vision, agreed on Tuesday to help transport relief and sponsorship goods for the humani...
Mar 08, 2023 (Gmt+09:00)
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EnergyHanwha Q Cells jumps into distributed energy biz with forecast service
Hanwha Q Cells, the Q Cells division of Hanwha Solutions Corp., said on Wednesday that it had started a renewable energy generat...
Mar 08, 2023 (Gmt+09:00)
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Korean chipmakersS.Korea's DB HiTek to split off fabless, bulk up foundry business
DB HiTek Co., a leading chipmaker in South Korea, said on March 7 it is set to split off its fabless unit by May 2 to ramp up it...
Mar 08, 2023 (Gmt+09:00)
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EnergyS.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech
South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classificat...
Mar 08, 2023 (Gmt+09:00)
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Hydrogen economyGS Caltex, KOEN to establish clean hydrogen hub in Korea
GS Caltex Corp., a South Korean oil refiner jointly owned by Chevron and GS Group, announced a partnership with Korea South-East...
Mar 08, 2023 (Gmt+09:00)
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EnergyLG Energy Solution to collaborate on Jeju offshore wind power pilot project
LG Energy Solution Ltd. said on Wednesday that its subsidiary AVEL had signed an agreement with Korea South-East Power Co. (KOEN...
Mar 08, 2023 (Gmt+09:00)
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ConstructionHyundai Eng. completes Lemba-Imbu water purification plant in DR Congo
Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification p...
Mar 08, 2023 (Gmt+09:00)
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Banking & FinanceKEXIM bank inks $6 billion financing deal with Aramco
The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco...
Mar 08, 2023 (Gmt+09:00)
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Upcoming IPOsKorea’s sole foreign clinic operator CHA Healthcare to go public in 2025
CHA Healthcare Co. operating nearly 90 hospitals and infertility treatment centers across the world, is set to pave the way for ...
Mar 08, 2023 (Gmt+09:00)
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Central bankBOK chief defies rate cut calls amid sustained inflation
South Korean central bank chief on Tuesday defied calls for an interest rate cut this year despite growing risks of a recession ...
Mar 08, 2023 (Gmt+09:00)
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Bio & PharmaLunit receives $1 mn in tech fees from Guardant Health of US
The US operations of South Korea's artificial intelligence (AI) medical company Lunit have received a major boost after the comp...
Mar 08, 2023 (Gmt+09:00)
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Korean startupsAscent Korea raises $25 mn to expand its search data analysis solution
Ascent Korea, a South Korean startup that provides an artificial intelligence-based solution to analyze search data and identify...
Mar 08, 2023 (Gmt+09:00)
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ConstructionS.Korea's builders diversify biz portfolios to waste battery, other sectors
South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in ...
Mar 08, 2023 (Gmt+09:00)
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Bio & PharmaMedical IP's X-ray image analysis software certified as medical device
Medical IP, a South Korean medical AI company, has announced that its artificial intelligence (AI) medical image analysis softwa...
Mar 08, 2023 (Gmt+09:00)
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Korean startupsKorea's AI startup Quantit attracts $23 mn Series A investment
South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, ...
Mar 08, 2023 (Gmt+09:00)
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Bio & PharmaSK Plasma to build blood products plant in Indonesia
South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recent...
Mar 08, 2023 (Gmt+09:00)