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EconomyKorea to cut spending in 2023, first time in 13 years
South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move ...
Aug 30, 2022 (Gmt+09:00)
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WebtoonsNaver Webtoon to pursue profitability with more paying subscribers
South Korea’s Naver Webtoon Corp. is seeking to increase the number of its paying subscribers as the company is shifting i...
Aug 30, 2022 (Gmt+09:00)
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Chemical IndustryLG Chem to build carbon nanotube Plant 4 for EV batteries
LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) m...
Aug 30, 2022 (Gmt+09:00)
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Korean gamesSouth Korean gamers mobilize offline to make their voices heard
Angered by what they deem to be an unfair rewards system and poor customer service, South Korean players of Kakao Games Corp.&rs...
Aug 30, 2022 (Gmt+09:00)
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Pension fundsKorea's NPS posts 8% loss from investment in H1 2022
National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management...
Aug 30, 2022 (Gmt+09:00)
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Korean chipmakersMicron’s entry into DDR5 market: A boon for Samsung, SK Hynix
The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 ...
Aug 30, 2022 (Gmt+09:00)
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AutomobilesHankook Tire to spend $1.6 bn on US plant expansion
Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output i...
Aug 30, 2022 (Gmt+09:00)