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Pension fundsNPS tilts toward top-tier PEFs during pandemic
The National Pension Service (NPS) has deepened its reliance on top-tier private equity firms during the prolonged pandemic situ...
Aug 12, 2021 (Gmt+09:00)
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MarketsMSCI adds SK Bioscience, SKIET, EcoPro BM to Korea Index
Global index provider Morgan Stanley Capital International (MSCI) added SK IE Technology Co. (SKIET), SK Bioscience Co. and Ec...
Aug 12, 2021 (Gmt+09:00)
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Mergers & AcquisitionsHanwha Systems invests $300 million in UK satellite firm OneWeb
Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communi...
Aug 12, 2021 (Gmt+09:00)
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EconomyExperts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in t...
Aug 12, 2021 (Gmt+09:00)
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ESG bondsHana to underwrite $65 mn ESG bonds on US rail funding
South Korea's Hana Financial Investment Co. is set to underwrite 75 billion won ($65 million) worth of senior bonds linked to en...
Aug 12, 2021 (Gmt+09:00)
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MachineryDoosan Infracore expands Middle East market share with more orders
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle...
Aug 12, 2021 (Gmt+09:00)
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EarningsCoupang’s revenue grows by more than 50% for 15 consecutive quarters
The US-listed e-commerce giant Coupang Inc. has posted its highest-ever quarterly revenue. The company reported on Aug. 12 that ...
Aug 12, 2021 (Gmt+09:00)
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Shipping & ShipbuildingPassing China, S.Korean shipbuilders hold top spot for three months
South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up t...
Aug 12, 2021 (Gmt+09:00)
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MarketsKorean investors rush to buy Vietnam stocks
South Korean investors are rushing to buy Vietnamese stocks as the market is showing signs of a recovery. Analysts predicted exp...
Aug 12, 2021 (Gmt+09:00)
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The Secret to CrossFit Games Domination: Bobsledding in South Korea
How far was the four-time reigning women’s CrossFit Games champion willing to go to stay in tiptop shape and defend her ti...
Aug 12, 2021 (Gmt+09:00)
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Korean chipmakersKorean chipmakers tumble, wipe out $13 billion in market capitalization
Shares of South Korea’s two largest chipmakers – Samsung Electronics Co. and SK Hynix Inc. – are slumping on a...
Aug 12, 2021 (Gmt+09:00)
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Korean fabless startups take center stage, attracts VCs
South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to th...
Aug 12, 2021 (Gmt+09:00)