Geffen Records
Scope
Date
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Economy
Korea’s record trade deficit stirs capital outflow fears
South Korea reported the largest trade deficit on surging raw material prices in January, string worries that capital outflows from Asia’s fou...
Feb 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha inks $1.7 bn K9 howitzer deal to Egypt
Hanwha Defense Co. signed a contract to sell K9 self-propelled howitzers to Egypt on Tuesday in a deal worth over 2 trillion won ($1.7 billion.)Of t...
Feb 02, 2022 (Gmt+09:00)
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Entertainment
Naver to invest $330 mn in content business expansion
Naver Corp., South Korea’s online portal giant, decided to make an additional investment in a web content unit to expand its global webtoon an...
Jan 28, 2022 (Gmt+09:00)
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Earnings
LG overtakes Whirlpool as top appliance maker with record 2021 sales
LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...
Jan 27, 2022 (Gmt+09:00)
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Earnings
Hyosung's operaing profit reaches record $2 bn last year
Hyosung Group’s annual operating profit exceeded two trillion won ($1.9 billion) for the first time since the company was founded in 1966.Loca...
Jan 27, 2022 (Gmt+09:00)
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Earnings
Hyundai Motor vows $7.7 billion investment after record 2021 revenue
Hyundai Motor Co. said on Tuesday it will spend a record 9.2 trillion won ($7.7 billion) this year to ramp up facilities for electric cars and other...
Jan 25, 2022 (Gmt+09:00)
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Corporate bonds
Corporates raise record-high $193 bn via stakes, bonds in 2021
Korean companies raised capital of 231.5 trillion won ($193.2 billion) through stock and bond issuance in the domestic market in 2021, according t...
Jan 25, 2022 (Gmt+09:00)
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Corporate bonds
S.Korea's Jan. bond issues on track for record $6 bn
South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...
Jan 23, 2022 (Gmt+09:00)
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Entertainment
Squid Game’s mega-hit spurs Netflix to release record K-content
Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...
Jan 19, 2022 (Gmt+09:00)
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Alternative investments
Warehouse deals in greater Seoul area hit record high in Q4
The total deal volume of Seoul metropolitan area-based grade-A logistics centers hit a record high of 7.2 trillion won ($6.1 billion) last year. A g...
Jan 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air wary of Asiana deal after EU blocks HHI-DSME merger
Korean Air Lines Co. and Asiana Airlines Inc. are wary of the fate of their proposed merger after the European Union blocked the combination of Sout...
Jan 14, 2022 (Gmt+09:00)
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IPOs
LG Energy sets new IPO record with $9.65 trillion investor demand
LG Energy Solution Ltd., the world’s second-largest battery maker, has set a new record for an initial public offering with demand for its sha...
Jan 12, 2022 (Gmt+09:00)
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Earnings
POSCO logs record profit on steel supercycle in 2021
POSCO Co., the world’s sixth-largest steelmaker, reported record earnings in 2021, adding to the bullish outlook, as China sustained a policy ...
Jan 12, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung's Q4 operating profit jumps on server chips
Samsung Electronics Co. on Friday reported a 52.5% jump in preliminary fourth-quarter operating profit from a year earlier, powered by replacement d...
Jan 07, 2022 (Gmt+09:00)
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Steel
Korea 2021 steel output set to top 70 mn tons on supercycle
South Korea’s steel output last year was estimated to have topped 70 million tons as the industry enjoyed a steel supercycle for the first tim...
Jan 02, 2022 (Gmt+09:00)
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Economy
Korea 2021 exports hit record on strong sales of key products
South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports su...
Jan 02, 2022 (Gmt+09:00)
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IPOs
LG Energy to heat up Korea’s record IPO market in 2022
South Korea’s initial public offering market is expected to set a record in 2022, heating up from the start of the year as LG Energy Solution ...
Dec 31, 2021 (Gmt+09:00)
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Year-end review
Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas
South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...
Dec 29, 2021 (Gmt+09:00)
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IPOs
Korea’s IPO market renews record highs
South Korea’s initial public offering market continues to rewrite history this year. More than 20 million people have participated in the...
Dec 27, 2021 (Gmt+09:00)
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Korean startups
Korean unicorns jump fivefold in four years with record investment in 2021
Investment in South Korean startups hit an all-time high in 2021 as the number of new unicorns, unlisted companies with a valuation topping $1 billi...
Dec 20, 2021 (Gmt+09:00)
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Petrochemicals
Contrarian leader's bets drive Kumho Petrochem's record profits
At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...
Dec 16, 2021 (Gmt+09:00)
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Economy
Korea exports hit record to top $640 bn in 2021
South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global e...
Dec 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders win record LNG carrier orders; 2022 outlook bright
South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, amid s...
Dec 08, 2021 (Gmt+09:00)
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Economy
S.Korea's Oct c/a surplus down 40% on oil price rises
South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...
Dec 07, 2021 (Gmt+09:00)
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Economy
Korea 2021 GNI per capita to top $35,000 to record high
South Korea’s gross national income (GNI) per capita is expected to surpass $35,000 to a record high this year on strong economic growth, surg...
Dec 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korea Inc 2021: Year of record M&As, tie-ups and spin-offs
South Korea’s corporate sector has seen record deals through mergers and acquisitions, tie-ups and spin-offs this year, as big companies and s...
Dec 03, 2021 (Gmt+09:00)
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Economy
Korea lawmakers approve record $515 bn budget for 2022
South Korea’s parliament on Dec. 3 approved a record $515 billion spending for 2022 to support a recovery in Asia’s fourth-largest econo...
Dec 03, 2021 (Gmt+09:00)
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Automobiles
Hyundai Genesis, Kia attract record customers in US
Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this year, helping Hyundai...
Dec 02, 2021 (Gmt+09:00)
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Real estate
IGIS beats Blackstone, Brookfield in Asian real estate AUM
IGIS Asset Management Co., South Korea’s largest real estate asset manager, was ranked as the world’s second-largest asset management ...
Nov 24, 2021 (Gmt+09:00)