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AutomobilesKorean tire makers to raise prices on higher costs
South Korea’s three leading tire makers joined the global industry’s plans to raise product prices to maintain profi...
Jan 18, 2022 (Gmt+09:00)
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IPOsStartup accelerator FuturePlay pushes ahead with IPO
Startup accelerator FuturePlay is pushing ahead with an initial public offering. The decision follows similar moves by Korean ve...
Jan 18, 2022 (Gmt+09:00)
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Mergers & AcquisitionsMaterials, parts makers drive Korea's 2021 M&A boom
Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with ...
Jan 18, 2022 (Gmt+09:00)
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Tech, Media & TelecomSamsung touts latest Exynos 2200 chip as mobile game changer
Samsung Electronics Co. has unveiled a new premium mobile processor, the Exynos 2200, which the world’s top memory chipmak...
Jan 18, 2022 (Gmt+09:00)
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Korean StartupsSTIC injects $168 mn in pre-unicorn Musicow
Music copyright trading platform Musicow Inc. has attracted a 200 billion won ($167.9 million) investment from Korea’s pri...
Jan 18, 2022 (Gmt+09:00)
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Artificial intelligenceAI humans take quantum leap in Korean entertainment and media
At first glance, ETERN!TY is similar to other K-pop bands – dancing to upbeat music and the female members donning pink te...
Jan 18, 2022 (Gmt+09:00)
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Mergers & AcquisitionsAffinity to send teaser for Burger King Korea, Japan sale
Affinity Equity Partners is set to send an investment teaser this week for the planned sale of Burger King’s operations in...
Jan 18, 2022 (Gmt+09:00)
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Corporate strategyNTT DoCoMo sells $370 mn KT shares to Shinhan Bank
Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan...
Jan 18, 2022 (Gmt+09:00)
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Pension fundsKTCU names financial investment head as new CIO
Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief...
Jan 18, 2022 (Gmt+09:00)
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Corporate restructuringHyundai Engineering’s new business keywords: Hydrogen, mini reactors
Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, is reorganizing...
Jan 18, 2022 (Gmt+09:00)
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Korean stock marketKospi in lethargic trade ahead of LG Energy debut
South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the...
Jan 18, 2022 (Gmt+09:00)
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Alternative investmentsHana jointly acquires Boston-based multifamily for $262 mn
Hana Alternative Assets Management Co. and a US asset manager acquired a tower of luxury multifamily housing assets in Sea...
Jan 18, 2022 (Gmt+09:00)