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A local equity fund in which President Moon Jae-in invested has amassed more than 100 billion won ($85 million), fund operator NH-Amundi Asset Management said Sunday. Since its launch in August thi...
South Korea is exploring the possibility of forging individual free trade deals with more ASEAN member states, a senior trade official has said, in a move to further boost growing economic ties with ...
South Korea’s food-to-entertainment conglomerate CJ Corp . said Nov. 15 that it has no plans to sell its health and beauty subsidiary, CJ Olive Young, which runs a chain of drugstores. “We are not...
Kanglim , a Korean manufacturer of cranes and other material handling equipment, said Nov. 13 it would buy a controlling stake in women’s underwear maker Namyeung Vivien ’s for 53.8 billion won ($...
KEB Hana Bank said Nov. 11 that it has become the second-largest shareholder of Bank for Investment and Development of Vietnam, the Southeast Asian country’s largest bank by assets. South Korea’s th...
A consortium led by Hyundai Development Co. , has been selected as the preferred bidder for purchasing majority stake in Asiana Airlines , its largest shareholder Kumho Industrial said Nov. 12....
Kendall Square Asset Management has acquired Amazon’s logistics center in Prague, a local business daily reported Nov. 11. “The company paid 180 billion won ($155 million) for the logistics center l...
South Korea’s antitrust watchdog Fair Trade Commission on Nov. 8. gave the greenlight for LG Uplus ’ takeover of cable TV operator CJ Hello , enabling the mobile carrier to capitalize on its pay-...
Top-tier South Korean firms such as Samsung Electronics , LG Electronics and Hyundai Motor may have to pay corporate taxes overseas due to the growing worldwide debate on digital tax, raising c...
Amid a sluggish stock market, the top three South Korean conglomerates -- Samsung, SK and Hyundai Motor Group -- saw their market capitalizations rise this year, while values of the other top 10 pl...
The Fair Trade Commission said Nov. 8 that it has conditionally approved two separate merger and acquisition deals, one led by SK Telecom and the other by LG Uplus , reshaping the local pay TV in...
More non-bank investors are tapping into the private debt market and are increasingly chipping away at the client base for conventional commercial lenders in North America and Europe over the past de...
Standard & Poor’s on Nov. 6 affirmed its AA sovereign credit rating for South Korea, despite earlier slashing its growth outlook. The global rating agency also maintained its stable outlook for t...
South Korea’s exports of agricultural products advanced 1.3 percent in the first 10 months of 2019 from a year earlier, data showed Nov. 7, on the back of strong demand for fresh goods. The count...
South Korean securities firms have forecast the local stock market to fare better in 2020 on hopes of eased US-China trade tensions and other positive factors, sources said Nov. 7. Nine brokerage...
Alien Robot shows glimpse of future with robotic arm
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
Lime Asset’s fund fiasco weighs on local banks
SuperBin aims to raise W20B in Series B
January 19, 2020
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