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Hanwha Aerospace to build defense plant in Germany to rival Rheinmetall
Hanwha Aerospace and Hanwha Systems showcase the K9 self-propelled howitzer at World Defense Show 2024 held in Riyadh, Saudi Arabia…
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NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service is headquartered in Jeonju, North Jeolla Province The National Pension Service (NPS) plans to raise its…
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BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved
Bank of Korea Gov. Rhee Chang-yong speaks during a press conference after the central bank cut its policy rate by…
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Australian infrastructure offers compelling opportunity: QIC
Kirsten Whitehead, a partner at QIC, speaks at the investment conference ASK 2025 on May 22 Australia is uniquely positioned…
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Ramen, ready-to-eat meals lead K-food 2024 exports up 10%
Shelves packed with ramen, or spicy instant noodles, at a supermarket South Korea’s food exports climbed 10% on-year to $7.26…
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HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
HD Hyundai’s booth at Gastech 2023 in Singapore South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite…
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Netmarble to spark subculture craze at Summer Game Fest
Solo Leveling: Arise CHAMPIONSHIP 2025 (Courtesy of Netmarble) Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to…
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Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
Organge Center is located near Seoul City Hall and Namdaemoon, an iconic historic gate in South Korea Cushman & Wakefield…
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S.Korean military fund to make $73 mn commitment to real estate funds
Military Mutual Aid Association’s headquarters in Seoul The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping…
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DB Group eyes Hanyang Securities amid KCGI deal uncertainty
Hanyang Securities’ headquarters building DB Group, which owns DB Securities Co. and DB Insurance Co., is considering an acquisition of…
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Samsung to equip Galaxy Z Flip7 with Exynos AP at home
(Courtesy of Samsung) Samsung Electronics Co. plans to power its upcoming foldable smartphone with its new in-house application processor (AP),…
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Rental housing gains appeal amid supply crunch: asset managers
Felix Speetzen, director and fund manager at Patrizia, speaks at the ASK 2025 on May 22 The rental housing markets…
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LG Energy, Samsung SDI to build 1st US LFP battery plants with GM
A bird’s-eye view of LG Energy Solution’s standalone battery plant in Arizona In a pivotal shift for the North American…
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Celltrion shares rise after bonus issue announcement
Celltrion headquarters’ building in Incheon (Courtesy of Celltrion) Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to…
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Samsung Biologics drives foreign lead in Korea’s biotech supply chain
Researchers at Samsung Biologics’ third plant in Songdo, Incheon A surge in orders from Samsung Biologics Co., the world’s largest…
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OpenAI sets up subsidiary in Korea with top paid ChatGPT users outside US
Jason Kwon, Open AI’s chief strategy officer (CSO), speaks during a media briefing in Seoul on May 26, 2025 OpenAI…
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Bold food tech R&D fuels global rise of Korean cuisine
(Courtesy of Nongshim) South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after…
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NPS, KIC step up focus on mid-market infrastructure
Lee Jaewook (second from left), head of infrastructure investment division at NPS and Kim Wonbin (third from left), a senior…
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LG CNS, Cohere co-develop Korean-specific agentic AI
LG CNS and Cohere signed a strategic partnership for co-development of agentic AI solutions for Korean enterprises on March 10,…
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Shinhan Financial’s Jin meets with Goldman Sachs CEO for strategies
Shinhan Financial Chairman Jin Ok-dong (right) meets with Goldman Sachs International Co-CEO Anthony Gutman in Europe to discuss strategic cooperation…
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Shinsegae, Ascent Equity Partners weigh acquisition of C&C International
Shinsegae is Korea’s leading retail conglomerate South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer…
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Kakao Pay in talks to acquire SSG.com’s SSG Pay and Gmarket’s Smile Pay
Kakao Pay is the mobile payment and digital wallet service unit of top Korean web portal Kakao Kakao Pay Corp.,…
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NPS to ramp up shareholder engagement with overseas companies
NPS headquarters building in Jeonju South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio…
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NPS gobbles up Korea’s top 4 financial holding stocks
(Courtesy of News1 Korea) South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the…
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U.S. Considers Withdrawing Thousands of Troops From South Korea
U.S. Army soldiers participated in an exercise with South Korean troops in Yeoncheon recently. Photo: Kim Jae-Hwan/Zuma Press WASHINGTON—The Trump administration is…
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KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million
KKR, a global private equity firm Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts…
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Korean pension funds, insurers seek customized investment vehicles
Ro Seunghwan (second from left), head of alternative investments at GEPS and Kim Hyun Wook (third from left), a senior…
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Carlyle CEO shares investment tips with Korean retail investors
Carlyle CEO Harvey M. Schwartz speaks during a private meeting with Korean retail investors in Seoul, South Korea on May…
