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PetrochemicalsSK holds off indefinitely on petrochem unit stake sale
South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly k...
Sep 08, 2021 (Gmt+09:00)
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MarketsActivist fund urges SK Chemicals to sell part of SK Bioscience stake
A Singaporean activist fund has urged South Korea’s SK Chemicals to sell some of its shares in SK Bioscience Co., saying i...
Sep 08, 2021 (Gmt+09:00)
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IPOsHyundai Heavy becomes third-most subscribed Korean IPO
Hyundai Heavy Industries Co. became the third-most subscribed stock in South Korea after its initial public offering drew 1,130 ...
Sep 08, 2021 (Gmt+09:00)
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Tech, Media & TelecomKakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown
South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants ...
Sep 08, 2021 (Gmt+09:00)
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Hydrogen economyKorean conglomerates bet big on hydrogen, launch H2 council
South Korea’s major conglomerates are going big on hydrogen, launching a business council and investing heavily in related...
Sep 08, 2021 (Gmt+09:00)
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Korean startupsLaundrygo raises over $40 mn from SoftBank Ventures, Altos Ventures
South Korea’s first contactless laundry service startup Laundrygo has raised 50 billion won ($43 million) in a follow-on i...
Sep 08, 2021 (Gmt+09:00)
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E-commerceAmazon Global Store shakes up S.Korea’s e-commerce scene
Amazon Global Store posted a stellar first-week performance in South Korea. The service, launched at the end of August on SK Tel...
Sep 08, 2021 (Gmt+09:00)
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Tech, Media & TelecomSamsung unveils new microSD cards for advanced storage demand
Samsung Electronics Co., the world’s top memory chip maker, introduced new microSD cards with enhanced performance and sta...
Sep 08, 2021 (Gmt+09:00)
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Carbon neutralityS.Korea to allow brokerages to trade carbon credits
Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading ma...
Sep 08, 2021 (Gmt+09:00)
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Food & BeverageHiteJinro's fruit-flavored soju bedazzles Chinese MZers
South Korea’s leading soju maker HiteJinro Co. has captivated China with its fruit-flavored soju products, gaining much po...
Sep 08, 2021 (Gmt+09:00)
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Future mobilityDaimler working with Korean EV battery makers
Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs...
Sep 08, 2021 (Gmt+09:00)
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Intel to invest up to $95 billion in European chipmaking amid US expansion
Intel Corp. plans to build new chipmaking facilities in Europe valued at up to $95 billion, responding to a cross-border race to...
Sep 08, 2021 (Gmt+09:00)
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Artificial intelligenceS.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos
South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from...
Sep 08, 2021 (Gmt+09:00)
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Apple Likely Has More App Store Deals to Make
As Apple Inc. works to negotiate its way out of its App Store troubles, one thing is becoming increasingly clear: the ...
Sep 08, 2021 (Gmt+09:00)