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Mergers & AcquisitionsKorea's M&A market poised to bounce back after bleak Q1
South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won...
Apr 11, 2024 (Gmt+09:00)
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Korean startupsSoftBank-backed Balancehero still hungry for bigger market
In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most a...
Apr 11, 2024 (Gmt+09:00)
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Food & BeverageBubble tea chain Gong Cha struggles in its top market of Korea
Global leading bubble tea franchise Gong Cha Global Ltd.’s South Korean affiliate, which owns the beverage chain’s J...
Apr 11, 2024 (Gmt+09:00)
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EconomyAs many as one in 10 residents in South Korea likely to be foreign by 2042
The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of th...
Apr 11, 2024 (Gmt+09:00)
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AutomobilesKia to enter pickup truck market
Kia Corp., South Korea’s second-largest automaker, announced on Thursday its first pickup truck's name "The Kia Tasman."Th...
Apr 11, 2024 (Gmt+09:00)
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Foreign exchangeWon at 17-month low vs dollar on reduced US rate cut bets
The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflati...
Apr 11, 2024 (Gmt+09:00)
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Aerospace & DefenseKorea’s HD Hyundai ties up with GE, L3Harris for warship exports
South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to e...
Apr 11, 2024 (Gmt+09:00)
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Artificial intelligenceLG CNS hosts Startup Day in Silicon Valley
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it he...
Apr 11, 2024 (Gmt+09:00)
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MachineryPOSCO DX to develop self-driving unmanned facilities
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed ...
Apr 11, 2024 (Gmt+09:00)
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Korean chipmakersSamsung to produce 290-layer V9 NAND to win chip stacking war
Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generati...
Apr 11, 2024 (Gmt+09:00)
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Corporate strategySK Innovation reshuffles units to raise value
SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values thr...
Apr 11, 2024 (Gmt+09:00)
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Carbon neutralityModetour, Air France-KLM strengthen SAF partnership
South Korea's travel agency Modetour Network Inc. announced on Thursday that it has extended its partnership with Air France-KLM...
Apr 11, 2024 (Gmt+09:00)
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Artificial intelligenceSamsung Galaxy AI expands to 16 languages
Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy ...
Apr 11, 2024 (Gmt+09:00)
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Fintech70% of Samsung Pay users switch to Wallet
Samsung Electronics Co. announced on Wednesday that 70% of Samsung Pay users have switched to Samsung Wallet, an upgraded versio...
Apr 11, 2024 (Gmt+09:00)