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Korean stock marketLG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a ...
May 26, 2021 (Gmt+09:00)
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SK Innovation in CO2 capture, storage technology project
SK Innovation Co. signed an agreement on May 26 to participate in South Korea's first government-led project to develop carbon c...
May 26, 2021 (Gmt+09:00)
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Hydrogen economyHyundai Motor’s new XCIENT truck raises hydrogen game in Europe
South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up t...
May 26, 2021 (Gmt+09:00)
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Korean startupsMoney flowing into fast-growing sneaker resale market
South Korea-based online fashion platform Musinsa has spun off its sneaker resale platform SoldOut to create a subsidiary named ...
May 26, 2021 (Gmt+09:00)
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EntertainmentHYBE’s $400 mn rights offering for Ithaca merger to open June 1-2
HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth...
May 26, 2021 (Gmt+09:00)
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Pre-IPOsMasayoshi Son-led SoftBank to invest $2 bn in Yanolja
Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest...
May 26, 2021 (Gmt+09:00)
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MetaverseMetaverse makes digital nomads the new norm
It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangna...
May 26, 2021 (Gmt+09:00)
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SteelChina’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggl...
May 26, 2021 (Gmt+09:00)
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Pension fundsNPS to take longer-term approach to asset allocation
The National Pension Service is planning to build an investment portfolio with a longer-term perspective for a period of at leas...
May 26, 2021 (Gmt+09:00)
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Carbon neutralityIn the crosswinds of coal’s clean transition
The recent announcement by President Moon Jae-in that South Korea will stop funding coal-powered plants overseas and expand its de...
May 26, 2021 (Gmt+09:00)