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South Korean advertisement agency Innocean Worldwide said in a disclosure on July 31 it had agreed to buy a 85 percent stake in Australian marketing firm Wellcom Group for 225.9 million Australian ...
Seoul-based trading company SK Networks , Qingdao-based consumer electronics maker Haier and US private equity The Carlyle Group have joined the preliminary bidding to acquire 25.08 percent stake i...
South Korean bourses, especially the tech-heavy Kosdaq, suffered big losses in July as investor sentiment was hit by the deteriorating global market conditions marked by trade wars between major econ...
HO CHI MINH, Vietnam -- Vietnam is fast emerging as important destination, not only for manufacturers but also financial institutions that are eying overseas markets amid stagnant domestic growth. L...
Seoul-based NH-Amundi Asset Management has tapped its incumbent chief marketing officer Bae Young-hoon as its new chief executive officer. Bae, 58, was named to head the company by a nomination comm...
The first half of the year was depressing for China’s venture capital industry compared to glorious past years. The number of venture capital deals successfully closed in the first half of this year...
The Seoul Central District Prosecutors’ Office has dismissed allegations that Hahn Sang-won, CEO of private equity firm Hahn & Co., had evaded taxes. The decision, however, is unlikely to salvage th...
South Korea’s major financial groups posted record-breaking earnings during the first half of the year, notwithstanding external challenges that have weighed down the overall market, industry data sh...
Woori Financial Group, one of South Korea’s five financial holding companies, acquired Kukje Asset Trust, the group said on July 26. It is buying a 65.7 percent stake in the real estate management f...
Boston-based NeuroBo Pharmaceuticals, which is backed by a South Korean venture capital firm, said July 25 that it is merging with Nasdaq-listed Gemphire Therapeutics. Gemphire is a clinical-stage ...
The government will seek to set aside more than 1 trillion won ($847 million) in next year’s state budget to support companies producing parts and materials used in chips amid Japan’s export curbs, a...
Deutsche Securities Korea has decided to shut down its equities sales and trading business in Seoul as part of its global downsizing of investment banking entities by 2022 to achieve cost efficiency....
Kakao, the operator of South Korea’s leading messenger app KakaoTalk, got the nod from the financial regulator on July 25 to raise its stake in internet-only bank Kakao Bank. Kakao Bank, the country...
Yeouido business district in Seoul is fast emerging as the most promising spot for commercial real estate transactions among other regions in Seoul, buoyed by higher demand from both buyers and selle...
Namyeung Vivien, a 62-year old local underwear maker, saw its shares surging on July 23 following news that the company is up for sale. Shares in the Kospi-listed company rose by a daily limit of 30...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
