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Foreign exchangeKorean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important ...
Apr 16, 2024 (Gmt+09:00)
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Korean chipmakersSouth Korea’s chip design firms go abroad to tap $426 billion market
South Korea’s chip design companies are turning their sights overseas to tap into the 593 trillion won ($426 billion) syst...
Apr 16, 2024 (Gmt+09:00)
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Real estateKeppel REIT to sell Seoul-based prime office T Tower
Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Stati...
Apr 16, 2024 (Gmt+09:00)
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Food & BeverageTim Hortons opens sixth store in S.Korea
Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the c...
Apr 16, 2024 (Gmt+09:00)
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Bio & PharmaKorea’s Celltrion, SK Biopharmaceuticals benefit from direct US sales
Celltrion Inc. and SK Biopharmaceuticals Co. are witnessing improving sales revenue and profitability by selling their products ...
Apr 16, 2024 (Gmt+09:00)
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Electric vehiclesDoosan, LG unveil automated EV charger served by robot
Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and ...
Apr 16, 2024 (Gmt+09:00)
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Private equityAffinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won...
Apr 16, 2024 (Gmt+09:00)
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Real estateSK D&D, Habyt to cooperate for residential business
SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understa...
Apr 16, 2024 (Gmt+09:00)
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Artificial intelligenceKorea's AI startup Upstage raises $72 mn for global expansion
Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding r...
Apr 16, 2024 (Gmt+09:00)
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Food & BeveragePaldo completes second factory in Vietnam
South Korea’s food and beverage company Paldo announced on Tuesday that it completed the construction of its second factor...
Apr 16, 2024 (Gmt+09:00)
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Private equityPrivate markets open to more high-net-worth individuals: Hamilton Lane
The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals...
Apr 16, 2024 (Gmt+09:00)
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Korean startupsKorean unicorns’ failed global expedition causes growth concern
Woowa Brothers Corp. and Viva Republica Inc., South Korea’s most valuable unicorns, have pulled the plug on some of their ...
Apr 16, 2024 (Gmt+09:00)
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Corporate bondsLH issues $193 mn Brazilian bonds
Korea Land & Housing Corporation (LH) announced on Tuesday that it had issued Brazilian real-denominated bonds worth approxi...
Apr 16, 2024 (Gmt+09:00)
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Corporate bondsBrokerage firms' bonds draw investors amid rate cut hopes
South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in ho...
Apr 16, 2024 (Gmt+09:00)
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EconomyBurger, chicken franchises raise prices after elections
Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elect...
Apr 16, 2024 (Gmt+09:00)
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Travel & LeisureLotte Home Shopping expands Japan tour packages
South Korea's Lotte Home Shopping said on Tuesday that it will expand its range of travel packages to Japan, including trips to ...
Apr 16, 2024 (Gmt+09:00)
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AutomobilesHyundai Mobis tests Level 4 self-driving
Hyundai Mobis Co., the world’s sixth-largest auto component maker, will start test driving a Level 4 autonomous driving ve...
Apr 16, 2024 (Gmt+09:00)
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EnergyGrowing controversy over call to share profits for using wind energy
Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electrici...
Apr 16, 2024 (Gmt+09:00)