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RoboticsSamsung Electronics to launch its first robot EX1 this year to rival LG
Samsung Electronics Co. will bring its first robot EX1 to market this year to compete with LG Electronics Inc., shifting its foc...
Feb 06, 2023 (Gmt+09:00)
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EntertainmentExtraordinary Attorney Woo drives KT Studio Genie's turnaround
KT Studio Genie Co., an entertainment arm of South Korea’s telecom giant KT Corp., posted its first annual profit last yea...
Feb 06, 2023 (Gmt+09:00)
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EarningsSKC eyes M&As in semiconductor, rechargeable battery materials
SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery mat...
Feb 06, 2023 (Gmt+09:00)
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ESGSK Innovation steps up carbon offset, green investments
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthe...
Feb 06, 2023 (Gmt+09:00)
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Foreign exchangeKorean won falls on firm US jobs data, new BOJ head report
The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectat...
Feb 06, 2023 (Gmt+09:00)
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Shareholder activismSouth Korean companies rattled by activist shareholders
South Korea’s major companies are under attack by activist shareholders, who are exerting ever-increasing clout over criti...
Feb 06, 2023 (Gmt+09:00)
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EnergySK Ecoplant changes North American corporation name
SK Ecoplant Co., a construction company of S.Korea's SK Group, said on Monday that it would change the name of its North America...
Feb 06, 2023 (Gmt+09:00)
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Tech, Media & TelecomLS Electric receives int'l certification for R&D process security
LS Electric Co., a South Korean electric power and automation equipment maker, has achieved a major milestone by obtaining inter...
Feb 06, 2023 (Gmt+09:00)
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Bio & PharmaSouth Korean biotech firms tap Middle East as next key market
South Korean biotech companies are speeding up their foray into the Middle East to tap oil money as they seek new growth engines...
Feb 06, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's Boryung receives EU GMP certification
South Korean pharmaceutical company Boryung announced that its production facility for anti-cancer injections in Yesan, South Ch...
Feb 06, 2023 (Gmt+09:00)
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Bio & PharmaChong Kun Dang, Synaffix ink deal to introduce ADC technology
Chong Kun Dang Pharmaceutical Corp. said on Monday that it has signed a contract with Dutch biotechnology firm Synaffix B.V for ...
Feb 06, 2023 (Gmt+09:00)
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Chemical IndustryAekyung commences mass production of eco-friendly plasticizers
Aekyung Chemical, an affiliate of South Korea's Aekyung Group, has begun mass-producing eco-friendly plasticizers derived from r...
Feb 06, 2023 (Gmt+09:00)
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Sovereign bondsS.Korean institutional investors inject more capital in MMFs
South Korean institutional investors, such as pension funds, mutual aids and corporates, are rushing to money market funds (MMFs...
Feb 06, 2023 (Gmt+09:00)
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BatteriesCitibank Korea provides $412 mn to POSCO for Argentine business
Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary ba...
Feb 06, 2023 (Gmt+09:00)
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Corporate investmentS.Korea's high-tech firms flood to US with heavy spending plans
South Korea’s large business groups are flooding to the US, with their pledged investments there exceeding $100 billion fo...
Feb 06, 2023 (Gmt+09:00)
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Chemical IndustryLotte Ineos Chemical to expand vinyl acetate monomer plant
Lotte Ineos Chemical, South Korea's lone maker of acetic acid and vinyl acetate monomer (VAM), on Monday said it will expand its...
Feb 06, 2023 (Gmt+09:00)
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Chemical IndustryToray Korea to boost PPS resin production with expansion plan
Toray Advanced Materials Korea (TAK) has announced plans to increase its annual production capacity of polyphenylene sulfide (PP...
Feb 06, 2023 (Gmt+09:00)
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AutomobilesHyundai GV70 EV to be eligible for US subsidy after classification as SUV
The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible f...
Feb 06, 2023 (Gmt+09:00)
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RegulationsKorea to legalize security token for fractional investment
South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a d...
Feb 06, 2023 (Gmt+09:00)
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Mergers & AcquisitionsDongwon Industries in talks to buy McDonald’s Korea as exclusive suitor
Dongwon Industries Co. will discuss a deal with McDonald’s Corp. to buy the latter’s Korean operations in hopes of r...
Feb 06, 2023 (Gmt+09:00)
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Advertising & MarketingKia sponsors LoL e-sport world tourney for 5th straight year
For the fifth straight year, Kia Corp. is a sponsor at the e-sport tournament League of Legends (LoL) European Championship (LEC...
Feb 06, 2023 (Gmt+09:00)
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ElectronicsLG Electronics exhibits Art Lab in New York
LG Electronics Inc. recently introduced "LG Art Lab," a non-fungible token art trading platform mounted on LG TVs, through a lar...
Feb 06, 2023 (Gmt+09:00)
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ConstructionLotte Construction develops eco-friendly concrete
Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. ...
Feb 06, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong receives approval for its GERD drug Fexuclue in Ecuador
Daewoong Pharmaceutical said Friday that it has obtained marketing authorization from Ecuador's National Agency for Health Regul...
Feb 06, 2023 (Gmt+09:00)
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Banking & FinanceIndustrial Bank of Korea goes all in with Eastern Europe push
Industrial Bank of Korea (IBK) will open an office in Poland in the first half of this year, with analysts saying the bank's pre...
Feb 06, 2023 (Gmt+09:00)