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Mergers & AcquisitionsEdison-led consortium named preferred buyer of Ssangyong Motor
A consortium led by electric bus maker Edison Motors Co. has been named the preferred buyer of South Korea’s troubled spor...
Oct 20, 2021 (Gmt+09:00)
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Private equitySTIC raises $25 mn to co-invest in US oil terminal
South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which own...
Oct 20, 2021 (Gmt+09:00)
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Battery materialsSK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason
SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in C...
Oct 20, 2021 (Gmt+09:00)
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EntertainmentNetflix reports jump in users, calls Squid Game its most popular show ever
Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the s...
Oct 20, 2021 (Gmt+09:00)
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IPOsEnchem raises IPO price by a record 20% on strong investor demand
South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial publi...
Oct 20, 2021 (Gmt+09:00)
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EntertainmentColdplay’s 'Music of the Spheres’ review: An over-the-top cosmic lovefest
Coldplay is deep enough into its career that each new album comes packaged with a story. It’s no longer sufficient to issu...
Oct 20, 2021 (Gmt+09:00)
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Private equityEQT to open Seoul office by yr-end to source Korean deals
EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to s...
Oct 20, 2021 (Gmt+09:00)
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EntertainmentNetflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’
SEOUL—“Squid Game,” Netflix Inc.’s dystopian drama set in South Korea, is the top-watched...
Oct 20, 2021 (Gmt+09:00)
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EconomyS.Korean companies stockpile record-level dollar holdings
South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year...
Oct 20, 2021 (Gmt+09:00)