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Australian private equity fund Macquarie is poised to acquire South Korea’s Daesung Industrial Gases from MBK Partners, local business newspaper Hankuk Business Daily reported on Nov. 3. Macquarie i...
South Korea logged one of the sharpest falls in its potential growth rate over the past two years among advanced economies, data showed on Nov. 3. The country’s potential economic output was estimat...
Ulsan-based lifeboat maker HLB said Nov. 1 it will inject $161 million into its wholly-owned US subsidiary HLB USA by Nov. 5. This is part of HLB USA’s planned merger with Salt Lake City-based bio...
LaSalle Investment Management said Nov. 1 that it has completed the acquisition of cold storage facility Logiport West Anseong in South Korea, with the value of the deal undisclosed. LaSalle added t...
In the first three quarters this year so far, local-based financial companies recorded almost 2 trillion won ($1.71 million) in revenue but JB Financial was the only one that saw revenue increase des...
Daelim Industrial ’s planned acquisition of Cariflex from US-based Kraton for some $530 million will leave its credit ratings unaffected, analysts wrote in a note Nov. 1. Moody’s Investors Service ...
Hanwha Systems said Nov. 1 it plans to raise 402.6 billion won ($344.9 million) in its initial public offering as it received a lukewarm reception from institutional investors. The IPO of the ICT ar...
South Korea’s central bank on Oct. 31 welcomed the latest US rate cut, saying it may help remove some economic uncertainties. “We believe a US rate cut generally works toward boosting the econ...
Lotte Chemical said on Oct. 30 its US subsidiary Lotte Chemical USA plans to secure $816.5 million as it agreed to transfer a 34.8 percent stake in LACC, a joint venture dedicated to a petrochemical...
Kwon Yong-won, chairman of the Korea Financial Investment Association, apologized on Oct. 30 for the recent revelation about his use of vulgar language and vowed not to repeat it. “I apologize for t...
Woori Financial Group said Oct. 29 its net profit came to 534.1 billion won ($458.3 million) in the third quarter. Its sales came to some 7.3 trillion won in the three months that ended Sept. 30, wi...
The transaction volume of office buildings in Seoul in the first three quarters of 2019 came to 8 trillion won ($6.9 billion), down 21.6 percent on-year, data showed Oct. 29. This came as Seoul logg...
Woori Financial Group said Oct. 29 its net profit came to 534.1 billion won ($458.3 million) in the third quarter. Its sales came to some 7.3 trillion won in the three months that ended Sept. 30,...
Korea Seven, the South Korean operator of convenience store giant 7-Eleven, has decided to merge the convenience store chain subsidiary Buy The Way and automatic teller machine operator Lotte PS Net....
The delinquency rate for South Korean banks’ won-denominated loans inched up in August due to a slight rise in the number of firms that failed to repay their debts, government data showed Oct. 29. ...
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
November 01, 2019
November 01, 2019
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