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IPOsKrafton sets IPO price at top end despite soft institutional demand
South Korean game developer Krafton Inc. set the initial public offering (IPO) price at the top end of the proposed band even as...
Jul 29, 2021 (Gmt+09:00)
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EntertainmentLessons learned from Blackpink label's M&A flops
South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profita...
Jul 29, 2021 (Gmt+09:00)
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EarningsLG enjoys record half-year earnings on TV, appliance in H1
LG Electronics Inc. posted record-high operating profit and revenue in the first half thanks to stella performance in TV and hom...
Jul 29, 2021 (Gmt+09:00)
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EarningsSamsung works on industry’s first 200-layer NAND as its Q2 profit jumps
Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the indus...
Jul 29, 2021 (Gmt+09:00)
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The Deep DiveKorea redefines dining experience with meal kits and delivery food
A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal re...
Jul 29, 2021 (Gmt+09:00)
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Pension fundsAhn becomes NPS' first CIO to enter 2nd extended term
Ahn Hyo-joon has become the first chief investment officer of the National Pension Service (NPS) to enter a second extended term...
Jul 29, 2021 (Gmt+09:00)
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EV BatteriesHyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Ind...
Jul 29, 2021 (Gmt+09:00)
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Tech, Media & TelecomApple adds LG Elec to iPhone vendor list in Korea
LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korea...
Jul 29, 2021 (Gmt+09:00)
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Mergers & AcquisitionsInvestors revalue E-Mart after owning two-thirds of Starbucks Korea
Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks K...
Jul 29, 2021 (Gmt+09:00)
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Korean startupsFashion app Queenit raises $9 mn from VC firms
Queenit, a South Korea-based fashion mobile platform targeting women in their 40s and 50s, has raised 10 billion won ($9 million...
Jul 29, 2021 (Gmt+09:00)