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Shipping & ShipbuildingSamsung Heavy sets new global record with $2.5 bn order
South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion w...
Mar 26, 2021 (Gmt+09:00)
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Boardroom diversityKorean firms diversify boardrooms with experts, women
Leading South Korean companies are diversifying their once rubber-stamp boards with a broader pool of professionals and women, a...
Mar 26, 2021 (Gmt+09:00)
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Shareholder activismLG shareholders approve spin-off plan amid activist opposition
Shareholders of LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, on Friday gave the no...
Mar 26, 2021 (Gmt+09:00)
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Tech, Media & TelecomWavve to pump $885 mn into original content amid fierce OTT competition
South Korea's over-the-top (OTT) service Wavve will invest a total of 1 trillion won ($885 million) to produce original content ...
Mar 26, 2021 (Gmt+09:00)
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IPOsKurly hires Goldman, JPMorgan, Morgan Stanley for US listing
Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three glob...
Mar 26, 2021 (Gmt+09:00)
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AgTechDaedong makes S.Korea’s first self-driving tractor
South Korea’s top tractor and farm machinery maker Daedong Industrial Co. has achieved the country’s first mass-prod...
Mar 26, 2021 (Gmt+09:00)
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BatteriesSK reiterates rejection of LG’s hefty demand for battery dispute settlement
SK Innovation Co. again refused to accept LG Energy Solution Ltd.’s demand that SK pay a hefty amount of compensation for ...
Mar 26, 2021 (Gmt+09:00)
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Sovereign wealth fundsKIC opens San Francisco office to boost VC deals
The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve ...
Mar 26, 2021 (Gmt+09:00)
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Corporate governanceSK Holdings to empower directors to pick and oust CEO
South Korea's SK Holdings Co. will give outside directors more authority to get involved in the selection and dismissal of its c...
Mar 26, 2021 (Gmt+09:00)
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Korean chipmakersSamsung widens lead over rivals with industry’s first advanced DDR5
Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigaby...
Mar 26, 2021 (Gmt+09:00)