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Private equityMBK-UCK consortium offers 2nd tender to delist Osstem Implant
The MBK Partners-Unison Capital Korea (UCK) consortium said on Wednesday it will conduct a second tender offer for shares in Oss...
Mar 22, 2023 (Gmt+09:00)
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ESGSamsung reaffirms commitment to water conservation on World Water Day
Samsung Electronics Co., the world’s largest memory chip producer, reaffirmed its corporate pledge to protect water resour...
Mar 22, 2023 (Gmt+09:00)
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BatteriesEcoPro taps mines in the Americas to secure cathode materials: EcoPro CEO
EcoPro Group, South Korea’s leading battery materials producer, is mulling investments in mines in the Americas to source ...
Mar 22, 2023 (Gmt+09:00)
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InsuranceKyobo Life chief Shin Chang-jae inducted into insurance hall of fame
Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigi...
Mar 22, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHyundai Heavy tops global 2-stroke engine production
South Korea’s Hyundai Heavy Industries Co. became the world’s first shipbuilder to have marked 200 million brake hor...
Mar 22, 2023 (Gmt+09:00)
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Future mobilityKakao Mobility buys UK ride-hailing startup Splyt for global biz
South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the f...
Mar 22, 2023 (Gmt+09:00)
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Aerospace & DefenseKorea's Kolon Group takes first step successfully in space launch vehicle biz
South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test ...
Mar 22, 2023 (Gmt+09:00)
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Chemical IndustryKolon Industries to make 100% plant-based eco-friendly plastic
Kolon Industries Inc.'s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global b...
Mar 22, 2023 (Gmt+09:00)
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ESGSamsung Electronics gets highest-level certification from AWS
South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alli...
Mar 22, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT, Amano Korea join hands to develop smart parking solutions
South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control syste...
Mar 22, 2023 (Gmt+09:00)
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BatteriesSK Ecoplant Americas completes fuel cell project at US hospitals
SK Ecoplant Americas has completed a project to supply and install solid oxide fuel cells at US hospitals in collaboration with ...
Mar 22, 2023 (Gmt+09:00)
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ConstructionDoosan Enerbility wins back-to-back power plant deals in Central Asia
South Korean power plant builder Doosan Enerbility Co. has secured a series of contracts in Central Asia, including orders in Uz...
Mar 22, 2023 (Gmt+09:00)
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Business & PoliticsSamsung, SK Hynix look to China exit plans as growth stunted
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth st...
Mar 22, 2023 (Gmt+09:00)
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Chemical IndustryLG Chem supplies RO filters for Chinese lithium extraction project
South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt ...
Mar 22, 2023 (Gmt+09:00)
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EarningsKB, Hana drive major S.Korean overseas banking profits lower
KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year altho...
Mar 22, 2023 (Gmt+09:00)
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Bio & PharmaCGBio inks export deal for hyaluronic acid fillers with Chinese distributor
CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese m...
Mar 22, 2023 (Gmt+09:00)
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EnergyKorea Western Power lands nation's first solar power order in Oman
Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday an...
Mar 22, 2023 (Gmt+09:00)
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ElectronicsSamsung sets ambitious sales target for home appliances
Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial ...
Mar 22, 2023 (Gmt+09:00)
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E-commerceS.Korea's Oasis posts surplus for second straight year
South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last y...
Mar 22, 2023 (Gmt+09:00)
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Food & BeverageOil from S.Korea’s red ginseng alleviates prostate enlargement: study
Oil from South Korea’s famous hongsam (red ginseng) can prevent enlargement of the prostate, according to a study. A ...
Mar 22, 2023 (Gmt+09:00)
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Venture capitalLB Investment draws record demand from individual investors
LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate o...
Mar 22, 2023 (Gmt+09:00)
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MachineryHyundai Doosan Infracore wins Italian innovation award
Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybr...
Mar 22, 2023 (Gmt+09:00)
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Real estateYanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. ...
Mar 22, 2023 (Gmt+09:00)