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Korean stock marketPOSCO affiliates’ shares surge; market cap rises threefold in 5 years
Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer,...
Jul 24, 2023 (Gmt+09:00)
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EnergyS.Korea's oil refining margins exceed break-even points
Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after...
Jul 24, 2023 (Gmt+09:00)
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Venture capitalS.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more th...
Jul 24, 2023 (Gmt+09:00)
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AutomobilesEV6, GV60 outperform global peers in Auto Bild’s EV tests
Hyundai Motor Group’s electrification push under the direction of its Chairman Chung Euisun is more than paying off, with ...
Jul 24, 2023 (Gmt+09:00)
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Bio & PharmaKwangdong to sell exclusively three global rare disease drugs
South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it signed an agreement for securing exclus...
Jul 24, 2023 (Gmt+09:00)
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AutomobilesEnd of an era: Hyundai, Kia say goodbye to diesel-powered Porters, Bongos
Hyundai Motor Co. and Kia Corp. will cease manufacturing diesel-powered compact trucks in November and replace them with liquefi...
Jul 24, 2023 (Gmt+09:00)
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ElectronicsSolidigm launches world's largest capacity SSD for data centers
Solidigm, the NAND flash-making subsidiary of South Korea's semiconductor titan SK Hynix Inc., on Monday announced the release o...
Jul 24, 2023 (Gmt+09:00)
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Travel & LeisureMyRealTrip launches restaurant reservation service in Japan
South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platf...
Jul 24, 2023 (Gmt+09:00)
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BatteriesSamsung SDI, Stellantis agree to build 2nd US battery plant
South Korea’s Samsung SDI Co. and the Netherlands-based automaker Stellantis N.V. have signed a memorandum of understandin...
Jul 24, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's NGeneBio establishes US corporation NGeneBioAI
South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI)...
Jul 24, 2023 (Gmt+09:00)
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Artificial intelligenceKT invests over $11 mn in AI software company Moreh
South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastru...
Jul 24, 2023 (Gmt+09:00)
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Upcoming IPOsFabless FADU taps institutional demand to raise about $151 mn
FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 b...
Jul 24, 2023 (Gmt+09:00)
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Travel & LeisureKorea’s outbound travelers spend 20% more on-year in H1: BC Card
South Korea’s outbound travelers spent 19.8% more in the first half of this year compared with a year ago amid a revival i...
Jul 24, 2023 (Gmt+09:00)
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Beauty & CosmeticsCosmax extracts raw materials from indigenous plants in Indonesia
Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, announced on Monday that it will unveil a cosm...
Jul 24, 2023 (Gmt+09:00)
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AutomobilesKia Sportage celebrates milestone of 7 mn sales in 30 years
Kia Sportage has sold more than 7 million units since its launch three decades ago, celebrating the milestone with a special edi...
Jul 24, 2023 (Gmt+09:00)
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ElectronicsSamsung Electronics launches 89-inch Micro LED TV
Samsung Electronics Co. announced on Sunday that it launched an 89-inch Micro LED TV model in the South Korean market. This prod...
Jul 24, 2023 (Gmt+09:00)
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Banking & FinanceS.Korea's BC Card to enter Kyrgyz payment market
South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint ...
Jul 24, 2023 (Gmt+09:00)
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AutomobilesNo subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales
Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) ...
Jul 24, 2023 (Gmt+09:00)
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EnergySK E&S opens representative office in Vietnam
South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation busin...
Jul 24, 2023 (Gmt+09:00)