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Shareholder activismLocal activist fund acquires additional 1.48% in Hanjin KAL through successful public tender
Activist fund Korea Corporate Governance Improvement (KCGI) and mid-sized builder Bando Engineering & Construction have succee...
Aug 12, 2020 (Gmt+09:00)
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SK HynixSK Hynix joins in $60 mn funding for US chip design startup SiFive
SK Hynix Inc. has recently participated in a $60 million funding for the US semiconductor startup SiFive, SK Hynix said on August ...
Aug 12, 2020 (Gmt+09:00)
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Real estateSeoul apartments’ average selling price tops 1 billion won for first time
The average selling price of apartment units in Seoul has surpassed the psychologically important 1 billion won ($845,000) mark fo...
Aug 12, 2020 (Gmt+09:00)
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MarketsKorea’s economically inactive population rises to record high in July
Hit hardest by the fallout of the coronavirus pandemic, South Korea’s jobless rate rose to the highest level in two decades,...
Aug 12, 2020 (Gmt+09:00)
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Hyundai MotorHyundai Motor and Aptiv christen autonomous driving JV 'Motional'
Hyundai Motor Group and Aptiv unveiled the name of its autonomous driving joint venture on August 12: Motional. The two companies ...
Aug 12, 2020 (Gmt+09:00)
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ChipsKorea’s reliance on semiconductor chips increases economic vulnerability: FKI
South Korea’s heavy dependence on semiconductor chips and its concentration on the US and China for exports pose a greater r...
Aug 12, 2020 (Gmt+09:00)
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AutomobilesHanon Systems eyes top spot in world’s car thermal management system market
Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automo...
Aug 12, 2020 (Gmt+09:00)
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DebtLotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September
Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bon...
Aug 12, 2020 (Gmt+09:00)
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EconomyOECD upgrades Korea’s growth outlook to -0.8%, mildest among member countries
South Korea's economy is likely to shrink less than expected this year, thanks to its successful response to the coronavirus pande...
Aug 12, 2020 (Gmt+09:00)