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Business & PoliticsUS DOE officials in Seoul to meet with Hyundai Motor, battery makers
US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with ...
Oct 13, 2022 (Gmt+09:00)
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BatteriesSK On raises $2 bn in bank loans for Hungary plant
SK On Co., a South Korean battery maker, has raised $2 billion in bank loans to build its third plant in Hungary, a regulatory b...
Oct 13, 2022 (Gmt+09:00)
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Mergers & AcquisitionsFirm dollar deters Korea Inc.’s overseas acquisition deals
The firm dollar is causing South Korean companies to postpone or cancel their plans to buy overseas firms for future growth as t...
Oct 13, 2022 (Gmt+09:00)
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Tech, Media & TelecomFor South Korea, US EV subsidies both give and take away
The Inflation Reduction Act provides a plethora of subsidies to boost domestic manufacturing for goods that help combat climat...
Oct 13, 2022 (Gmt+09:00)
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RFPsKorean Presbyterian pension to tap GPs for alternative assets, equity
Pension Foundation of Presbyterian Church of Korea (PCK Pension), a South Korean retirement plan for pastors and churches, is po...
Oct 13, 2022 (Gmt+09:00)
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Banking & FinanceBanks' term deposits attract largest sum in 20 yrs
A fresh 36.4 trillion won ($25 billion) was placed into bank accounts in South Korea in September, whereas 12.4 trillion won ($8...
Oct 13, 2022 (Gmt+09:00)
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Tech, Media & TelecomHansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a r...
Oct 13, 2022 (Gmt+09:00)
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EconomyKorean firms struggle to dispatch workers overseas
Some South Korean conglomerates are struggling to recruit workers for dispatch to overseas branches as more workers are avoiding...
Oct 13, 2022 (Gmt+09:00)
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Korean startupsDespite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and r...
Oct 13, 2022 (Gmt+09:00)
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Bio & PharmaSillaJen shares jump as exchange maintains listing, allows resumed trade
Shares in South Korea’s scandal-hit biotechnological company SillaJen Inc. soared on Thursday after the local exchange dec...
Oct 13, 2022 (Gmt+09:00)