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BatteriesSamsung SDI tops LG Chem in market cap amid GM recall crisis
Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as...
Aug 31, 2021 (Gmt+09:00)
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Mergers & AcquisitionsInterpark draws cool response from Korean online giants
South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online plat...
Aug 31, 2021 (Gmt+09:00)
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EconomyKorea proposes record budget for 2022 to speed up recovery
South Korea’s government proposed a record high spending for 2022 to reinforce a recovery in Asia’s fourth-largest e...
Aug 31, 2021 (Gmt+09:00)
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RetailNaver poised for battle over sneaker resale market
South Korea’s platform giant Naver Corp. is on the move to claim the throne in the sneaker resale market, up against other...
Aug 31, 2021 (Gmt+09:00)
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Corporate rebrandingSK Global Chemical rebrands as plastic recycler SK Geocentric
SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., ...
Aug 31, 2021 (Gmt+09:00)
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Future mobilityHyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi
South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their fi...
Aug 31, 2021 (Gmt+09:00)
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IPOsBlackstone, Hahn & Co. to reap $800 mn from two Korean IPOs
South Korea's largest used car seller K Car Co., wholly owned by Hahn & Co., will go public on the country's main stock exch...
Aug 31, 2021 (Gmt+09:00)
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Korean gamesGame firms seeking strong IP extend ties with content makers
South Korean game developers and publishers are increasingly building business alliances with players in the content industry th...
Aug 31, 2021 (Gmt+09:00)
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Alternative investmentsPhilippines LCS Group to join $1.7 bn Korean resort project
The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm f...
Aug 31, 2021 (Gmt+09:00)
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AutomobilesHankook Tire, YASE unveil shoes made of recycled tires
Hankook Tire & Technology Co., South Korea’s largest tire maker, said on Tuesday it is collaborating with local leathe...
Aug 31, 2021 (Gmt+09:00)
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Mergers & AcquisitionsBehind the scenes of GS-led group's $1.5 bn Hugel purchase
South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46...
Aug 31, 2021 (Gmt+09:00)
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IPOsKakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slash...
Aug 31, 2021 (Gmt+09:00)
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Banking & FinanceK Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley
K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and c...
Aug 31, 2021 (Gmt+09:00)