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War in UkraineKorean firms on high alert as Russia invades Ukraine
Samsung Electronics Co., Hyundai Motor Co. and other South Korean companies are on high alert as Russia launched a military atta...
Feb 24, 2022 (Gmt+09:00)
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Mergers & AcquisitionsSK On narrows bidders to BlackRock, Carlyle, KKR, GIC
South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRoc...
Feb 24, 2022 (Gmt+09:00)
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Shipping & ShipbuildingHyundai Heavy’s holding firm changes name to HD Hyundai
South Korea’s Hyundai Heavy Industries Holdings Co. is changing its name to HD Hyundai as the holding company of the world...
Feb 24, 2022 (Gmt+09:00)
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EconomyBOK sees inflation at 11-year high as oil tops $100 on Ukraine crisis
South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100...
Feb 24, 2022 (Gmt+09:00)
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Sovereign wealth fundsKIC boosts hedge fund investing with Seoul Guarantee Insurance
Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in...
Feb 24, 2022 (Gmt+09:00)
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EconomyS.Koreans' global shareholdings at record $588.5 bn
South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technolo...
Feb 24, 2022 (Gmt+09:00)
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Beauty & CosmeticsSkincare giant Cosmax adds pet care line
South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company s...
Feb 24, 2022 (Gmt+09:00)
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PharmaceuticalsSamsung Bioepis to double biosimilars, may resume Nasdaq listing plans
Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, plans to double the number of its biosimilar products on sale to...
Feb 24, 2022 (Gmt+09:00)
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EntertainmentK-pop shares rebound on return to offline concerts
Shares of major South Korean entertainment companies are on an upward trend this month. The rebound is thanks to eased COVID-19 ...
Feb 24, 2022 (Gmt+09:00)
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EconomyTougher sanctions on Russia put S.Korean exporters on high alert
As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to a...
Feb 24, 2022 (Gmt+09:00)