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South Korean-Japanese conglomerate Lotte’s Seoul-based holding firm Lotte Corp. sold off its 2.76 percent stake in BNK Financial Group to Hotel Lotte Pusan, BNK said in a regulatory filing on Sep...
Aekyung Group and two consortia, one involving private equity firm Korea Corporate Governance Improvement and the other led by real estate developer Hyundai Development Company , have reportedly jo...
SK Discovery completed a merger with its wholly owned subsidiary SK Syntec on Sept. 2, according to a regulatory filing. Under the deal, management consulting firm SK Syntec merged with its parent ...
JB Financial Group obtained certification from the British Standards Institution proving it has appropriate systems in place to prevent bribery and corruption, it said Sept. 2. The certification, ca...
KG Group has become the biggest shareholder of Dongbu Steel as its joint venture KG Steel took control over its newly issued 40 percent stake, according to a regulatory filing Sept. 2. The steelma...
SK Holdings said Sept. 2 that it has handed over its entire stake in SK Biotek to its US subsidiary Alchemy Acquisition in exchange for new shares worth 438.7 billion won ($361 million). The transa...
In his bustling city life, Jo Nam-kyu finds that preparing home-cooked meals can be a real struggle, leaving his kitchen nearly idle during weekdays. He and his wife have been working to find altern...
South Korea is on track toward excluding Japan from its export control whitelist this month, in a tit-for-tat response to Tokyo’s earlier decision to remove Seoul from its list of preferred trading p...
Line Corp., a Japanese subsidiary of Naver Inc., plans to merge Line Part Time Job, Line's wholly-owned business dedicated to online recruiting for part-time jobs, by November this year, according to...
The first-half net income of South Korea’s three major pension funds surged as the strong US dollar against the local currency and an intensifying global rate cut parade boosted returns on overseas e...
Seoul-based Hansol Paper walked away from an acquisition bid for corrugated box maker Tailim Packaging and cardboard maker Tailim Paper, the company revealed in an Aug. 27 disclosure. “Contemplating...
Investors have lost confidence and sold equities at record levels amid resurrected trade tensions between the world’s two largest economies, but US equities remain the most attractive investment opti...
Samsung Active Asset Management said on Aug. 26 that it had dropped its merger plan with Franklin Templeton Investment Trust Management to create new joint venture Samsung Franklin Templeton in South...
The volume of inbound mergers and acquisitions in South Korea approved by its antitrust body have been on the rise in the first half of 2019, data showed Aug. 26. Foreign companies’ cross-border M&A...
Despite the government’s efforts to create more jobs by mandating companies to cut their employees’ maximum weekly work hours to 52 hours, it has not contributed to creating more jobs, a report claim...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
