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Foreign exchangeKorean won nears 2-year low, adds to inflation woes
The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia...
Mar 04, 2022 (Gmt+09:00)
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Business & PoliticsWar in Ukraine: Risk and opportunity for Korean shipbuilders
The escalating conflict between Russia and Ukraine is posing both a risk and an opportunity for South Korea’s three larges...
Mar 04, 2022 (Gmt+09:00)
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EntertainmentKorean content shares jump on Beijing’s eased restrictions
South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news th...
Mar 04, 2022 (Gmt+09:00)
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War in UkraineHyundai shuts Russia car plant for 1 wk on parts shortages
Car production at Hyundai Motor Co.'s plant in Russia has been halted since March 1 as the Russia-Ukraine war further aggravated...
Mar 04, 2022 (Gmt+09:00)
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Upcoming IPOsKorea’s Voronoi in talks with global firms on drug designs
South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims t...
Mar 04, 2022 (Gmt+09:00)
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MetaverseMetaverse platform Zepeto user base exceeds 300 million
Naver Z, a subsidiary of Naver Corp., announced on Friday the number of subscribers to its metaverse platform Zepeto now excee...
Mar 04, 2022 (Gmt+09:00)
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Private equityKorean SPAC Valuence Merger debuts on Nasdaq, targets bio M&As
Valuence Merger Corp. 1, a special purpose acquisition company (SPAC), led by South Korean fund managers, has debuted on the Nas...
Mar 04, 2022 (Gmt+09:00)
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Korean startupsCoupang wraps up 2021 with record sales of $18.4 bn
South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the ...
Mar 04, 2022 (Gmt+09:00)