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Mergers & AcquisitionsSamsung looks to acquire bio company, reviews botox maker Hugel
Samsung Group is looking to buy a biopharmaceutical company as the top South Korean business conglomerate is resuming merger and...
Jul 20, 2021 (Gmt+09:00)
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Korean gamesNintendo Korea logs record-high revenue despite boycott of Japanese goods
Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Jap...
Jul 20, 2021 (Gmt+09:00)
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EnergyDoosan Heavy to invest $60 mn more in US NuScale Power
South Korea’s major power plant builder Doosan Heavy Industries & Construction Co. will further invest in NuScale Powe...
Jul 20, 2021 (Gmt+09:00)
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RFPsConstruction workers' fund invites bids for $25 mn infra mandate
South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global...
Jul 20, 2021 (Gmt+09:00)
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Culture & TrendsLee Kun-hee’s art collection exhibited from this month in Seoul
The lavish art collection donated by the Samsung Group following the death of group chairman Lee Kun-hee will be shown to the publ...
Jul 20, 2021 (Gmt+09:00)
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EntertainmentDisney Plus' S.Korea launch delayed after Netflix's court loss
Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a ...
Jul 20, 2021 (Gmt+09:00)
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IPOsKakao Pay delays IPO following regulator request to refile prospectus
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., is delaying...
Jul 20, 2021 (Gmt+09:00)
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CryptocurrenciesKakao’s Ground X to work on Korea central bank digital currency initiative
Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency ...
Jul 20, 2021 (Gmt+09:00)
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M&AsFried chicken chain BHC set to acquire Outback Steakhouse Korea
South Korea’s second-largest fried chicken brand BHC Group has been named the preferred negotiator to acquire a 100% stake...
Jul 20, 2021 (Gmt+09:00)
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Covid-19 treatmentIndonesia grants emergency use approval for Celltrion’s COVID-19 treatment
South Korean drugmaker Celltrion Inc. has received the Indonesian government’s permission for restricted use of its COVID-...
Jul 20, 2021 (Gmt+09:00)
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IPOsIs the KakaoBank IPO too expensive?
Debate is heating up over KakaoBank Corp.’s new share value ahead of an initial public offering of the mobile banking unit...
Jul 20, 2021 (Gmt+09:00)
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Mergers & AcquisitionsApparel retailer F&F joins in $1.7 bn TaylorMade deal
F&F Co., the South Korean retailer of the outdoor clothing brands Discovery Expedition and MLB, has been selected as the str...
Jul 20, 2021 (Gmt+09:00)
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E-commerceShinsegae-Naver alliance to sell local-themed meal kits as first collaboration
Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-ter...
Jul 20, 2021 (Gmt+09:00)