Korean car parts maker
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Korean Investors
S.Koreans' global stock, bond holdings at record high
South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...
Oct 15, 2021 (Gmt+09:00)
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Korean startups
Korean P2P lending platform 8Percent raises near $40 mn
South Korea-based online peer-to-peer lending platform 8Percent has secured 43.5 billion won ($38.3 million) in an investment round led by the Silic...
Oct 15, 2021 (Gmt+09:00)
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Electric vehicles
Plug-in hybrids a dying breed as carmakers favor battery EVs
A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...
Oct 14, 2021 (Gmt+09:00)
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Real estate
Blind pool funds eclipse project funds for Korean asset managers
A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...
Oct 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders turn focus to high-value vessels
South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...
Oct 14, 2021 (Gmt+09:00)
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Automobiles
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...
Oct 13, 2021 (Gmt+09:00)
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Mobile networks
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Oct 13, 2021 (Gmt+09:00)
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Automobiles
Korean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...
Oct 13, 2021 (Gmt+09:00)
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Private equity
Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...
Oct 13, 2021 (Gmt+09:00)
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Airlines
Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal
Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana A...
Oct 12, 2021 (Gmt+09:00)
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Real estate debt
M&G picks logistics, residential property for 2022
London-based M&G Investments expects the logistics and residential real estate markets in most parts of Europe to continue to offer attractive r...
Oct 12, 2021 (Gmt+09:00)
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Machinery
S.Korean heavy equipment makers ride global raw materials boom
The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...
Oct 11, 2021 (Gmt+09:00)
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Travel & Leisure
Travel bubble triples Koreans’ trips to Saipan
A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana...
Oct 10, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Oct 08, 2021 (Gmt+09:00)
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Murata Manufacturing CEO
Japan's Murata redefines customers in game-changing era
KYOTO, Japan - Murata Manufacturing Co., the world's No. 1 producer of multilayer ceramic capacitors (MLCCs) and other electronic components, will e...
Oct 08, 2021 (Gmt+09:00)
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Airlines
Korean LCCs rush to stock market for fund on travel recovery hopes
Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...
Oct 08, 2021 (Gmt+09:00)
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Pre-IPOs
ADT Caps seeks about $300 mn in pre-IPO funding
ADT Caps Co., South Korea's No. 2 security services provider, is seeking to raise up to 400 billion won ($336 million) from private equity firms ahe...
Oct 07, 2021 (Gmt+09:00)
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Energy
Korean refiners ramp up runs to pre-COVID-19 level
South Korean refiners ramped up runs of their crude distillation units (CDUs) to a level before the outbreak of the COVID-19, probably exceeding 80%...
Oct 06, 2021 (Gmt+09:00)
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Korean chipmakers
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Oct 06, 2021 (Gmt+09:00)
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Entertainment
Netflix’s ‘Squid Game’ Has Already Inspired Thousands of Halloween Costumes
“Squid Game,” the South Korean dystopian thriller which debuted on Netflix on Sept. 17, is on track to be the platform’s...
Oct 06, 2021 (Gmt+09:00)
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Entertainment
Netflix’s ‘Squid Game’ Is the Dystopian Hit No One Wanted—Until Everyone Did
SEOUL—South Korea’s dystopian drama “Squid Game” might become Netflix Inc.’s biggest hit ever. But for a dec...
Oct 06, 2021 (Gmt+09:00)
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Automobiles
Chip shortage slams Korean carmakers’ new car rollouts
The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...
Oct 06, 2021 (Gmt+09:00)
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Food & Beverage
Next K-wave in Asia: Convenience stores
When South Korean major convenience store chain CU opened its first branch in Malaysia on April 1, there was a queue of more than 100 meters to get ...
Oct 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...
Oct 05, 2021 (Gmt+09:00)
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Batteries
SK, POSCO in heated race for next-generation silicon battery materials
South Korea’s two big conglomerates, SK and POSCO, are setting their sights on silicon anode, a next-generation material for lithium-ion batte...
Oct 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delayed EU approval puts Hyundai-Daewoo shipbuilding deal at risk
The deal to combine the world's largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co....
Oct 03, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Morgan Stanley remains top advisor for S.Korea Q3 M&As
Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...
Oct 01, 2021 (Gmt+09:00)
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Alternative food
SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day
SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...
Oct 01, 2021 (Gmt+09:00)
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Petrochemicals
SK becomes first Korean oil producer from plastic waste
SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...
Oct 01, 2021 (Gmt+09:00)
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Entertainment
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
Sep 29, 2021 (Gmt+09:00)
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Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore