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BatteriesPOSCO Future M to sharply raise synthetic graphite output
South Korea’s POSCO Future M Co. will sharply raise its synthetic graphite production by the end of 2025 as China’s ...
Jan 17, 2024 (Gmt+09:00)
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RegulationsS.Korea to scrap capital gains taxes on financial products
South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower se...
Jan 17, 2024 (Gmt+09:00)
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Korean startupsKorean learning platform Elice raises $14.9mn from Vertex
Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transfor...
Jan 17, 2024 (Gmt+09:00)
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Bio & PharmaKobiolabs gets Chinese patent for obesity treatment strain
South Korean microbiome-based new drug development company Kobiolabs Co. announced on Wednesday that it has a patent for its obe...
Jan 17, 2024 (Gmt+09:00)
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ESG bondsSteel giant POSCO raises $500 mn in 3-year green bonds
POSCO raised $5 million in three-year green bond sales on Jan. 16 to invest the proceeds in domestic facilities, the largest ste...
Jan 17, 2024 (Gmt+09:00)
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SteelKorean steelmakers mull anti-dumping suit vs Chinese, Japanese firms
Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are conside...
Jan 17, 2024 (Gmt+09:00)
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Artificial intelligenceSK Telecom to enter AI pet diagnostic market in US
South Korea’s SK Telecom Co. announced on Wednesday that it has signed with the US-based veterinary diagnostic radiology f...
Jan 17, 2024 (Gmt+09:00)
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Korean gamesChina to stop broadcast of S.Korean LoL league
China will stop the official broadcast of League of Legends (LoL) Champions Korea (LCK), according to the South Korean game indu...
Jan 17, 2024 (Gmt+09:00)
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Corporate bondsKorean corporate debt sale hits snag amid Taeyoung woes
The South Korean corporate bond market is taking a direct hit from growing credit crunch concerns in the country’s constru...
Jan 17, 2024 (Gmt+09:00)
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Pension fundsNPS picks tech, electronics as its favorite local stocks in 2023
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, elect...
Jan 17, 2024 (Gmt+09:00)
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Mergers & AcquisitionsHyundai sells Chongqing plant at $227 mn for China restructuring
Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring ...
Jan 17, 2024 (Gmt+09:00)
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EntertainmentInnocean, HYBE launch Seventeen project in Bangkok
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has la...
Jan 17, 2024 (Gmt+09:00)
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BatteriesSK On signs tech transfer with Solid Power
SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agre...
Jan 17, 2024 (Gmt+09:00)
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Bio & PharmaLG Chem to start phase 3 for head, neck cancer drug in US
South Korea’s LG Chem Ltd. announced on Wednesday that its US-based subsidiary Aveo Pharmaceuticals will start Phase 3 cli...
Jan 17, 2024 (Gmt+09:00)
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EnergySK Gas, SK D&D to venture into US ESS market with Apex
SK Gas Ltd. and SK D&D Co. will build their first-ever energy storage system (ESS) facility in the US that can power 39,000 ...
Jan 17, 2024 (Gmt+09:00)