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Shareholding restructuringHyundai Gloivis, Mobis shares jump on ownership revamp hopes
Two Hyundai Motor Group arms – Hyundai Glovis Co. and Hyundai Mobis Co. – saw their shares rocket Oct. 20 on growing m...
Oct 20, 2020 (Gmt+09:00)
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Korean ATM maker hits jackpot abroad in cashless society
Sberbank of Russia, the country's No.1 bank, unveiled its cutting-edge automated teller machine (ATM) last month in a virtual even...
Oct 20, 2020 (Gmt+09:00)
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Leveraged buyoutKorean M&A industry may reconsider leveraged buyouts
South Korea’s M&A market may reconsider leveraged buyouts due to the Supreme Court’s remanding of the case involvi...
Oct 20, 2020 (Gmt+09:00)
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Global brandSamsung overtakes Coca-Cola in brand value; highest among Asian firms
Samsung Electronics Co.’s global brand has risen to the highest ranking among Asian companies, as the South Korean tech gian...
Oct 20, 2020 (Gmt+09:00)
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Roll-up TVsLG Electronics launches world’s first roll-up TV
LG Electronics Inc. has unveiled the world’s first roll-up TV in the Korean market as the South Korean consumer electronics ...
Oct 20, 2020 (Gmt+09:00)
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Pension fundsNPS forms co-investment partnership with Dutch pension
The National Pension Service has formed a strategic alliance with Dutch pension fund manager APG, through which they recently made...
Oct 20, 2020 (Gmt+09:00)
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Battery recyclingHyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling
The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used el...
Oct 20, 2020 (Gmt+09:00)
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Eco-friendly materialLG Chem develops world's first biodegradable plastic alternative
LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the...
Oct 20, 2020 (Gmt+09:00)
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Korean chipmakersSK Hynix to buy Intel’s NAND business in $9 bn cash deal
SK Hynix Inc. has signed a 10.3 trillion won ($9 billion) all-cash deal to buy Intel Corp.’s NAND memory chip business that ...
Oct 20, 2020 (Gmt+09:00)
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Korea's signature sauce gochujang goes global, riding on K-wave
South Korea’s food exports have surged on the back of Korean dramas, or more popularly known as K-dramas, gaining global pop...
Oct 20, 2020 (Gmt+09:00)