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Electric vehiclesHyundai, Kia to inject $16.6 bn into EV production in South Korea
The Hyundai Motor Group announced the conglomerate’s domestic investment blueprint on Wednesday. The backbone of the inve...
May 18, 2022 (Gmt+09:00)
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ASK 2022KFCC to focus on ESG values in real asset investment
The Korean Federation of Community Credit Cooperatives (KFCC), a South Korean community bank managing 70 trillion won ($55.1 bil...
May 18, 2022 (Gmt+09:00)
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RetailE-Mart's conundrum over changing shopping habits
For middle-class families in South Korea, it has become a morning ritual to bring the boxes of fresh produce and daily necessiti...
May 18, 2022 (Gmt+09:00)
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ASK 2022KIC to up alternative assets to 25% of AUM by 2025
Korea Investment Corporation (KIC) will continue to expand alternative investments while strengthening its asset management sk...
May 18, 2022 (Gmt+09:00)
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RetailKorea electronics retailers face headwind from e-commerce, dept. stores
South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home app...
May 18, 2022 (Gmt+09:00)
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Shareholder activismDongwon to adjust merger ratio under pressure from retail investors
Dongwon Group, South Korea’s leading seafood and logistics conglomerate, is changing the merger ratio of its two major aff...
May 18, 2022 (Gmt+09:00)
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Aerospace & DefenseHancom to launch South Korea’s first private satellite
Hancom InSpace, an affiliate of Hancom Group, announced on Wednesday it will launch South Korea’s first private satellite ...
May 18, 2022 (Gmt+09:00)
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Carbon neutralitySK ties up with Bill Gates’ TerraPower for small nuclear reactor biz
SK Group, South Korea’s No. 2 conglomerate, joined hands with TerraPower, an advanced nuclear power venture founded by bil...
May 18, 2022 (Gmt+09:00)
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ElectronicsLG Display to nurture its own display experts at local graduate schools
LG Display Co. is joining other South Korean big companies in a race to foster their own talent by establishing relevant departm...
May 18, 2022 (Gmt+09:00)
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MetaverseLG Uplus eyes metaverse niches for office workers, kids
South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its meta...
May 18, 2022 (Gmt+09:00)