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Private equityIMM PE puts South Korea’s top travel agency Hanatour up for sale
IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Kor...
Mar 26, 2024 (Gmt+09:00)
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Mergers & AcquisitionsSK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) ...
Mar 26, 2024 (Gmt+09:00)
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FashionLicensed casual apparel brands' luster fades in Korea
The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting netwo...
Mar 26, 2024 (Gmt+09:00)
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Bio & PharmaGlobal quest to find modern elixirs enters new chapter
NEW YORK/ BOSTON – Longevity has long been the dream of humankind. China’s first emperor Qin Shi Huang was obsessed ...
Mar 26, 2024 (Gmt+09:00)
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Sovereign bondsEuroclear to trade S.Korean treasuries via omnibus account from June
The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major ...
Mar 26, 2024 (Gmt+09:00)
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AutomobilesKia taps ex-BMW, Mercedes-Benz designers for China, Europe
Kia Corp., South Korea’s No. 2 automaker, has appointed former designers of German luxury carmakers BMW AG and Mercedes-Be...
Mar 26, 2024 (Gmt+09:00)
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Korean startupsAsan Nanum Foundation invites innovators to startup pitch
The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju...
Mar 26, 2024 (Gmt+09:00)
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Artificial intelligenceWrtn opens free AI search service
South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), opened its fre...
Mar 26, 2024 (Gmt+09:00)
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BatteriesSM Bexel to localize military drone battery packs
SM Bexel Co., the battery manufacturing affiliate of South Korea's SM Group, announced on Tuesday that it signed a memorandum of...
Mar 26, 2024 (Gmt+09:00)
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BatteriesSolus Advanced Materials poised to lead EV copper foil market: CEO
Solus Advanced Materials Co. is not a household name among ordinary electric vehicle drivers. But the South Korean company is ...
Mar 26, 2024 (Gmt+09:00)
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Artificial intelligenceLG CNS to lead digital transformation at FPT in Vietnam
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transforma...
Mar 26, 2024 (Gmt+09:00)
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Bio & PharmaMedytox to supply $73 mn botulinum toxin to Brazilian firm
South Korea's biopharmaceutical firm Medytox Inc. announced on Tuesday that it signed a contract with Brazilian pharmaceutical c...
Mar 26, 2024 (Gmt+09:00)
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MachineryHanwha Ocean develops VR-based special vehicle simulator
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed the world's ...
Mar 26, 2024 (Gmt+09:00)
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Electric vehiclesHyundai boosts Genesis with enhanced performance, luxury
NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance mod...
Mar 26, 2024 (Gmt+09:00)
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LogisticsCJ Logistics introduces LoIS Parcel system
South Korea's CJ Logistics announced on Tuesday that it completed the nationwide implementation of its next-generation parcel ...
Mar 26, 2024 (Gmt+09:00)
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Shareholder activismShareholder activism in Korea swells 9 times since 2019
The number of South Korean firms targeted by activist funds has risen by nearly nine times over the past five years, the largest...
Mar 26, 2024 (Gmt+09:00)
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Korean gamesNetmarble Arthdal Chronicles pre-registration surpasses 1 mn
South Korean game developer Netmarble Corp. said on Tuesday that the pre-registration of its upcoming massively multiplayer on...
Mar 26, 2024 (Gmt+09:00)