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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...
Seoul-based commercial bank KEB Hana Bank has agreed to buy a 15 percent stake in Vietnamese state-owned Commercial Bank for Investment and Development of Vietnam (BIDV) for 1 trillion won ($849.6 mi...
The boycott of Japanese products and services seems to be gaining ground here as a bilateral trade war with South Korea entered the third week. According to convenience store chain CU, the sales of ...
The South Korean government will temporarily expand tax benefits to corporate investment, the finance minister said Monday, in the latest move to encourage business spending amid a slowing economy. ...
South Korean exports of information and communications technology products fell for the eighth straight month in June on weak demand for semiconductors, mobile phones and displays, data showed on Jul...
Financial Services Commission Chairman Choi Jong-ku on July 18 undermined any possible retaliation by Japan in the financial sector. “I know there are some concerns that Japan’s trade retaliation mi...
Shinhan Financial Group plans to set up a new unit that will take charge of venture investments, according to industry sources on July 18. The venture capital unit will operate a 200-billion-won ($1...
Home sales in South Korea plunged more than 28 percent in the first half of the year compared to a year earlier, data showed on July 18. The number of housing transactions came to 314,108 in the ...
The Bank of Korea slashed its growth forecast for the economy to 2.2 percent on July 18, citing sluggish demand at home and abroad amid growing trade protectionism and a delayed recovery in the globa...
The Bank of Korea (BOK) slashed its policy rate by a quarter percentage point to 1.50 percent on July 18 in a surprise move to help spur growth amid prolonged trade tensions. The rate cut is the ...
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
