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Chemical IndustryHanwha to buy $900 mn Hanwha General shares from Samsung
Two Hanwha Group units have decided to buy the remaining stake in their affiliate Hanwha General Chemical Co. for 1 trillion won...
Jun 23, 2021 (Gmt+09:00)
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InsuranceCigna seeks to enter Korea's digital non-life insurance market
The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform,...
Jun 23, 2021 (Gmt+09:00)
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ESGSK Chairman vows to achieve carbon neutrality ahead of 2050 UN target
SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbo...
Jun 23, 2021 (Gmt+09:00)
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Hydrogen economyHyundai Motor, Grab deepen partnership for EV adoption in Southeast Asia
South Korea’s Hyundai Motor Group and Grab Holdings Inc. have agreed to strengthen their partnership in mobility services ...
Jun 23, 2021 (Gmt+09:00)
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Life & ArtsArt auction sales in Korea soar to highest point since 2008 financial crisis
South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art e...
Jun 23, 2021 (Gmt+09:00)
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ESG bondsKorean Air to issue first ESG bonds among Korean carriers
Korean Air Lines Co. will issue green bonds as part of its 200 billion won ($176 million) corporate debenture issue -- to become...
Jun 23, 2021 (Gmt+09:00)
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FintechToss en route to being Korea’s first fintech decacorn; valuation tops $7 bn
South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valu...
Jun 23, 2021 (Gmt+09:00)
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EconomyBOK ratchets up warning over asset price bubble, private debt
The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even co...
Jun 23, 2021 (Gmt+09:00)
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Korean startupsAI startup Voyager X raises over $25 mn in Series A funding round
South Korea-based artificial intelligence startup Voyager X Inc. has successfully raised around 30 billion won ($26.4 million) i...
Jun 23, 2021 (Gmt+09:00)
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Korean chipmakersDB HiTek in quandary over foundry ramp-up amid chip supercycle
DB HiTek Co., one of South Korea’s leading foundry chipmakers, is enjoying the current market boom, which is forcing maker...
Jun 23, 2021 (Gmt+09:00)