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EconomyIn Korean food prices, everything’s up: Now it’s dried seaweed's turn
First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice cr...
Apr 18, 2024 (Gmt+09:00)
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Banking & FinanceHyundai Capital to set up units in Indonesia, Australia
Hyundai Capital Services Inc., the consumer finance unit of the world’s third-largest automaker Hyundai Motor Group, plans...
Apr 18, 2024 (Gmt+09:00)
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Private equityMBK eyes stake in Korean software developer Tmaxsoft
North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. ...
Apr 18, 2024 (Gmt+09:00)
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Future mobilityHyundai, Toray to team up to develop mobility materials
Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to joint...
Apr 18, 2024 (Gmt+09:00)
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Upcoming IPOsKorea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its busines...
Apr 18, 2024 (Gmt+09:00)
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Food & BeverageParis Baguette opens first store in Philippines
SPC Group’s bakery franchise Paris Baguette announced on Thursday that it opened its first store in the Philippines. ...
Apr 18, 2024 (Gmt+09:00)
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AutomobilesKia to bring 1st hybrid variant of subcompact SUV Sonet to Japan, China
Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SU...
Apr 18, 2024 (Gmt+09:00)
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LogisticsCJ Logistics, Ninja Van to co-work for cross-border e-commerce
South Korea's CJ Logistics announced on Thursday that it signed a customs clearance and delivery service contract with Singapo...
Apr 18, 2024 (Gmt+09:00)
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Banking & FinanceForeign banks expand Korean operations amid China’s slowdown
Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their busi...
Apr 18, 2024 (Gmt+09:00)
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EntertainmentKakao Entertainment, Billboard to collaborate for K-pop
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music mag...
Apr 18, 2024 (Gmt+09:00)
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EnergyHD Hyundai Oilbank kicks off biodiesel mass production
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its e...
Apr 18, 2024 (Gmt+09:00)
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Corporate strategySamsung shifts to emergency mode with 6-day work week for executives
Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The mov...
Apr 18, 2024 (Gmt+09:00)
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Private equityAffinity eyes full control of food container maker Lock&Lock
Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock&Lock Co., is slated to...
Apr 18, 2024 (Gmt+09:00)
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BatteriesPOSCO Holdings, KNOC to jointly secure lithium in Canada
POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understand...
Apr 18, 2024 (Gmt+09:00)
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Artificial intelligenceLG Uplus to ramp up AI investment by up to 40% in 2024
SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform comp...
Apr 18, 2024 (Gmt+09:00)
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Banking & FinanceToss Bank exceeds 10 mn customers
South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it'...
Apr 18, 2024 (Gmt+09:00)
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ElectronicsSamsung unveils 2024 AI TV lineup in India
Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, Indi...
Apr 18, 2024 (Gmt+09:00)
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Older Voters Are Taking Over in the World’s Wealthy Democracies
SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holdin...
Apr 18, 2024 (Gmt+09:00)
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Business & Politics[Test] Older Voters Are Taking Over in the World’s Wealthy Democracies
SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holdin...
Apr 18, 2024 (Gmt+09:00)