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Corporate bondsKakao Games to raise $203 mn in bonds convertible to Krafton shares
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., is set to issue an estimated 280 billion won (...
Jul 17, 2024 (Gmt+09:00)
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RoboticsHyundai to unveil wearable device for car manufacturing
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed...
Jul 17, 2024 (Gmt+09:00)
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Corporate restructuringSK Innovation to be Asia’s top energy company through merger
SK Innovation Co., South Korea’s largest energy company, is set to become the industry leader in Asia through a merger wit...
Jul 17, 2024 (Gmt+09:00)
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Real estateSamsung likely to buy The Asset office tower for more than $724 mn
Samsung Group is poised to acquire the Samsung Fire & Marine Insurance Co. headquarters building in Seoul for more than 1 tr...
Jul 17, 2024 (Gmt+09:00)
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EconomyFilipino caregivers come to Korea amid demographic crisis
Some 100 certified caregivers from the Philippines will come to South Korea in August to work as domestic helpers in a country...
Jul 17, 2024 (Gmt+09:00)
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EconomyKorean banks raise mortgage rates despite looming rate cut
South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sha...
Jul 17, 2024 (Gmt+09:00)
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Korean startupsHana Bank, SK Telecom to support AI startups
South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelera...
Jul 17, 2024 (Gmt+09:00)
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Bio & PharmaCelltrion's Remsima SC breaks 20% market share in Europe
South Korea's biopharmaceutical company Celltrion Inc. said on Wednesday that its subcutaneous autoimmune disease treatment Rems...
Jul 17, 2024 (Gmt+09:00)
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ElectronicsSamsung Galaxy Z foldable's pre-sales soars 40% rise in India
Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with...
Jul 17, 2024 (Gmt+09:00)
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Beauty & CosmeticsKorean cosmetics makers see record Q2 profits led by exports
South Korean cosmetics original development and design manufacturers (ODMs) such as Cosmax Inc., Kolmar Korea Co. and Cosmecca K...
Jul 17, 2024 (Gmt+09:00)
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North KoreaA North Korean Diplomat Managed a Rare Defection: A Flight Out of Cuba
SEOUL—A North Korean diplomat posted in Cuba defected to South Korea with his family late last year, officials said t...
Jul 17, 2024 (Gmt+09:00)
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Banking & FinanceKB Star exchange-traded funds rebranded as Rise
South Korea’s KB Asset Management Co. announced on Wednesday that it will change the name of its ETF brand from "KB Star" ...
Jul 17, 2024 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom launches In-flight wi-fi service
South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially b...
Jul 17, 2024 (Gmt+09:00)
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Food & BeverageBibigo opens store in Incheon Airport duty-free shops
CJ CheilJedang Corp.'s Korean food brand Bibigo announced on Tuesday that it recently opened its stores at Shinsegae Duty Free a...
Jul 17, 2024 (Gmt+09:00)
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AutomobilesGM Korea’s 2024 sales growth likely stunted due to protracted labor strike
GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production ami...
Jul 17, 2024 (Gmt+09:00)