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BatteriesLG Energy considers billion-dollar battery plant in Arizona
South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing ...
Mar 22, 2022 (Gmt+09:00)
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Mergers & AcquisitionsHyundai Dept. Store to buy Zinus for $735 mn
South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses i...
Mar 22, 2022 (Gmt+09:00)
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Alternative investmentsKorea's new asset managers survive with competitive edge
Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer fr...
Mar 22, 2022 (Gmt+09:00)
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Private equityMBK's $1.2 bn stake sale brings value on par with TPG
North Asia-focused MBK Partners has closed a $1.18 billion deal to sell its 12.5% stake to New York-based Dyal Capital at an equ...
Mar 22, 2022 (Gmt+09:00)
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BatteriesPOSCO to invest $4 bn in Argentina battery materials project
South Korea’s POSCO Group is set to spend $4 billion for the capacity expansion of a new lithium hydroxide factory in Arge...
Mar 22, 2022 (Gmt+09:00)
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Korean startupsStar-studded vision AI startup SNUAI requires less data and time
“The first joint venture with the Seoul National University seal of approval” is how artificial intelligence start...
Mar 22, 2022 (Gmt+09:00)
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Banking & FinanceKorean online banks’ disruptive business model: Woo low-credit borrowers
South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disrupt...
Mar 22, 2022 (Gmt+09:00)
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Korean stock marketBulk of Korean IPOs since March 2021 below day one price
Fourteen out of the 17 South Korean companies that made a stock market debut between March 2021 and February of this year are tr...
Mar 22, 2022 (Gmt+09:00)
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Korean chipmakersSamsung Electro-Mechanics to invest $245 mn more in capex
South Korea’s Samsung Electro-Mechanics will spend more on increasing its semiconductor package substrate production capac...
Mar 22, 2022 (Gmt+09:00)
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Samsung GroupSamsung family set to sell $320 mn worth of SDS shares
Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal....
Mar 22, 2022 (Gmt+09:00)
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Bio & PharmaSK Bioscience becomes first to win domestic COVID-19 vaccine contract
SK Bioscience Co. said it reached a deal with Korea’s disease control agency to supply 10 million doses of the country&rsq...
Mar 22, 2022 (Gmt+09:00)