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South Korea’s credit card company Hyundai Card said Oct. 29 it will acquire a 50 percent stake in Vietnamese consumer finance institution Finance Company Limited for Community (FCCOM) for 49 billion ...
The cross-investment agreement Oct. 28 between South Korea’s No. 1 telecommunication firm SK Telecom and internet giant Kakao to exchange common shares valued at a total of 600 billion won ($513....
South Korea and 26 other countries have pledged to provide the Green Climate Fund with $9.7 billion over the next four years, the fund said Oct. 28. Korea doubled its contribution to $200 million...
South Korea’s Ocean Ministry said Oct. 28 it will gradually replace 140 government ships with those utilizing clean energy sources by 2030 to meet tighter regulations. “The project will help Kore...
South Korean brokerages posted worse-than-expected third-quarter net profit, data from the Financial Supervisory Service showed on Oct. 27, with the lackluster performance attributed to a sluggish st...
With financial authorities set to finish their monthslong investigation of the sale of high-risk derivatives-linked securities and related funds, key sellers are likely to be handed down heavy penalt...
South Korea’s declining exports are predicted to turn around in the first quarter of next year on the back of rising demand for chips and recovery in the global economy, a trade association said on O...
Kiwoom Asset Management is close to a takeover of Franklin Templeton Trust Management, industry sources said Oct. 25. Since Samsung Active Asset Management dropped its plans to create new joint vent...
South Korea’s economic growth will likely slow down further this year, possibly falling below the 2 percent mark for the first time in 10 years, analysts said Oct. 24. The gloomy outlook comes af...
Samsung Fire and Marine Insurance and internet giant Kakao have decided to set up a digital nonlife insurance company, they said on Oct. 23. “We are pushing for a digital insurance consortium that c...
CJ CGV, South Korea’s leading multiplex, is expected to sell 25 percent of its Southeast Asian business as it seeks to solve a cash crunch, industry sources said on Oct 21. CJ CGV, listed on the pri...
The head of South Korea’s antitrust regulator said Oct. 22 she will ensure the country’s law is applied fairly against foreign companies accused of violations. Fair Trade Commission Chairperson J...
Prime Minister Lee Nak-yon said on Oct. 22 that his trip to Japan will help South Korea and Japan take a step forward in mending their frayed ties over the issue of Tokyo’s wartime use of forced labo...
Duncan Harrison, country manager of Robert Walters Korea, the Seoul branch of the London-based recruiting firm, shared some tips for job seekers who are hoping to enter the startup industry. The job...
South Korean artificial intelligence startup Sualab has been acquired by Nasdaq-listed Cognex, the companies said Oct. 18. With a price tag of $195 million, Cognex will take up the entire company ...
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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