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  • Short selling
    Korea slaps Credit Suisse with largest ever short-sale penalty

    South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combi...

    Jul 03, 2024 (Gmt+09:00)

  • Electric vehicles
    Hyundai Motor completes EV ecosystem in Indonesia

    JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw mate...

    Jul 03, 2024 (Gmt+09:00)

  • Leadership & Management
    AI to drive Mirae Asset's next-phase growth: chairman

    Mirae Asset Group is a pioneer in South Korea’s mutual fund industry. It launched the country’s first equity mutual ...

    Jul 03, 2024 (Gmt+09:00)

  • E-commerce
    Korean grocery delivery platform Oasis to buy e-commerce 11Street

    South Korean grocery delivery platform Oasis Corp. is poised to acquire the country’s leading e-commerce operator 11Street...

    Jul 03, 2024 (Gmt+09:00)

  • Mergers & Acquisitions
    LG Electronics acquires Athom to facilitate AI smart home push

    South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based h...

    Jul 03, 2024 (Gmt+09:00)

  • Food & Beverage
    Jollibee to acquire Korea’s Compose Coffee in $340 mn deal

    Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co....

    Jul 03, 2024 (Gmt+09:00)

  • Bio & Pharma
    Kwangdong Pharma acquires stake in Precision Bio

    South Korea's Kwangdong Pharmaceutical announced on Tuesday that it signed a stock purchase agreement to acquire Precision Biose...

    Jul 03, 2024 (Gmt+09:00)

  • Food & Beverage
    BBQ's overseas subsidiary revenue surpasses $72 mn in 2023

    Genesis BBQ Group announced on Wednesday that the revenue of its overseas subsidiaries last year reached 110 billion won ($79.1 ...

    Jul 03, 2024 (Gmt+09:00)

  • Bio & Pharma
    LG Chem launches Synovian in China

    South Korea's LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed ...

    Jul 03, 2024 (Gmt+09:00)

  • Korean startups
    PhyxUp closes in on pre-seed round with US advance

    PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its f...

    Jul 03, 2024 (Gmt+09:00)

  • Bio & Pharma
    Samsung’s biotech duo on a roll with $1.1 bn CMO order

    Samsung Group is on track to rise to the top of biosimilar companies in the world and become South Korea’s largest drug ma...

    Jul 03, 2024 (Gmt+09:00)

  • Business & Politics
    AmCham launches young professionals program

    The American Chamber of Commerce in Korea (AmCham) announced on Wednesday the official launch of its Young Professionals Program...

    Jul 03, 2024 (Gmt+09:00)

  • Artificial intelligence
    AI plagiarism detection startup Muhayu eyes IPO in 2026

    South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public...

    Jul 03, 2024 (Gmt+09:00)

  • Bio & Pharma
    Lotte Biologics targets $1.1 billion in sales with new bio plants

    South Korean biopharmaceutical company Lotte Biologics Co. said on Wednesday it is aiming for 1.5 trillion won ($1.1 billion) in...

    Jul 03, 2024 (Gmt+09:00)

  • Travel & Leisure
    Korea’s top resort operator Sono buys T'way stake for $76 mn

    South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LC...

    Jul 03, 2024 (Gmt+09:00)

  • Machinery
    DN Solutions to build plant, R&D center in India

    DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish ...

    Jul 03, 2024 (Gmt+09:00)

  • North Korea
    This Song Is Catchy and Going Viral. It’s Also North Korean Propaganda.

    SEOUL—Jordan Daniels, a 31-year-old pianist and software engineer in California, posted a cover of a catchy new tune on ...

    Jul 03, 2024 (Gmt+09:00)