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IPOsLotte Rental IPO to produce hefty return for NPS
The initial public offering of South Korea's Lotte Rental Co., set for next month, will likely produce high double-digit to low ...
Jul 12, 2021 (Gmt+09:00)
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Banking & FinanceMoody's urges Korean banks to beef up online platforms
South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank...
Jul 12, 2021 (Gmt+09:00)
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AutomobilesSamsung Electro-Mechanics targets EV parts
Samsung Electro-Mechanics, a South Korean electronic components maker, aims to expand its business in the booming electric vehic...
Jul 12, 2021 (Gmt+09:00)
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E-commerceKorea's first-generation retail platform Interpark up for sale
South Korea-based Interpark Corp., one of the country’s first-generation online retail platforms, is up for sale. Acc...
Jul 12, 2021 (Gmt+09:00)
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Chemical IndustryLG Chem challenges top latex player Kumho with aggressive expansion
South Korea’s top chemical maker LG Chem Ltd. has vowed to leapfrog crosstown rival Kumho Petrochemical Co. to become the ...
Jul 12, 2021 (Gmt+09:00)
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Korean chipmakersSK Hynix joins Micron in 4th-gen 10nm DRAM production
SK Hynix Inc. has kicked off mass production of its 8 Gigabit (Gb) LPDDR4 mobile DRAM chips based on the 1a nanometer (1anm) nod...
Jul 12, 2021 (Gmt+09:00)
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SteelKorean shipbuilders baffled by steelmakers’ offer to hike prices by 64%
South Korea’s major steelmakers are demanding a sharp price hike for steel plates used in ships, adding to difficulties fa...
Jul 12, 2021 (Gmt+09:00)
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Monthly trade infographicsKorea's automobile exports log double-digit growth between Jan and May
Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared...
Jul 12, 2021 (Gmt+09:00)
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Hydrogen economyHydrogen fuel tank maker Iljin Hysolus eyes August IPO
South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans...
Jul 12, 2021 (Gmt+09:00)
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Mergers & AcquisitionsDebt-ridden Ssangyong to sell car plant in self-rescue drive
Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, ha...
Jul 12, 2021 (Gmt+09:00)
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BiosimilarsCelltrion, Samsung Bioepis anticipate increased biosimilar sales in Europe
South Korean biosimilar companies such as Celltrion Inc. and Samsung Bioepis Co. are likely to see their sales hike by tens of...
Jul 12, 2021 (Gmt+09:00)
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Mergers & AcquisitionsBlackRock in talks to acquire Korea’s ESG-focused IGIS Private Equity
BlackRock Inc., the world’s largest asset manager, is in talks to acquire IGIS Private Equity, a South Korea-based firm sp...
Jul 12, 2021 (Gmt+09:00)