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NPS gears up for investment overhaul with boost in risk assets
NPS Investment Management headquarters building South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul…
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Samsung, Google to unveil smart glasses next year in deeper AI alliance
A headset code-named Project Moohan, built by Samsung and based on Google’s Android XR software, is on display at the…
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S.Korean shipbuilders rally on Trump’s hint at foreign ship buying
Hanwha Ocean shipward (Courtesy of Hanwha Ocean) South Korean shipbuilding stocks flew high on Friday on news that US President…
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Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower
Signature Tower near Euljiro 3-ga Station, which houses Kumho Petrochemical’s headquarters Colliers Korea, a unit of global real estate asset…
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IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
AP Tower, formerly The Pinnacle Yeoksam (second from left) IGIS Asset Management Co., a leading South Korean real estate investment…
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SK Chairman in Taiwan to deepen ties with TSMC
SK Group Chairman Chey Tae-won Chey Tae-won, chairman of SK Group, the parent of SK Hynix Inc., is in Taiwan…
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Korea launches $27 mn fund to invest in K-beauty startups
Oh Youngju (center), minister of South Korea’s SMEs and Startups, announces the launch of a K-beauty fund (Courtesy of Yonhap)…
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Hyundai-owned Boston Dynamics’ Spot on public safety missions
Boston Dynamics Spot (Courtesy of Boston Dynamics) Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and…
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Celltrion wins Australian approval for eye, bone disease biosimilars
A researcher at a pharmaceutical lab Celltrion Inc. said Wednesday it has received regulatory approval from Australia’s Therapeutic Goods Administration…
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KAIST launches Korean rapper G-Dragon’s music into space
G-Dagon’s iris image trasmitted to outer space via satellite (Courtesy of KAIST) The Korea Advanced Institute of Science & Technology…
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POSCO eyes deeper steel, energy ties with global peers
POSCO Group Chairman Chang In-hwa (center) poses for a photo after the World Steel Association has named POSCO as one…
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Geopolitics rewrite investment playbook – And that’s an opportunity: KKR
KKR is one of the leading global private equity firms In an era of escalating geopolitical uncertainty, the head of…
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SK Hynix beats Samsung to become global No.1 DRAM maker
SK Hynix 16-layer HBM3E (Courtesy of Yonhap) SK Hynix Inc. snatched the crown from Samsung Electronics Co. to become the…
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Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
Finance Minister Choi Sang-mok (third from left) holds a meeting with foreign investors to discuss the country’s business conditions in…
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South Korea Announces Emergency Support for Auto Sector Against U.S. Tariffs
South Korea’s car exports to the U.S. stood at $34.7 billion in 2024. Photo: Chung Sung-Jun/Getty Images South Korea’s government…
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Hyundai chief Chung, GM CEO Barra to meet in Sept in Detroit
General Motors Chair and Chief Executive Mary Barra (left) and Hyundai Motor Group Executive Chairman Chung Euisun shake hands after…
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S.Korea’s Han, Trump discuss transactional diplomacy in 1st direct talks
Acting President and Prime Minister Han Duck-soo holds a phone conversation with US President Donald Trump at his office in…
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Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Group’s headquarters Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the…
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IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1
A panoramic view of the Songdo 11th District, South Korea’s biotechnology industry hub (Courtesy of IFEZ) The Incheon Free Economic…
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Stay liquid, be selective; look outside US tech, says TCW CEO
Katie Koch, chief executive of TCW, speaks during a recent interview with The Korea Economic Daily Global financial markets are…
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Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariffs
Samsung’s booth at MWC 2024 Samsung Electronics Co., the world’s largest memory chipmaker, posted a stronger-than-expected first-quarter operating profit on…
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K-beauty defies trade headwinds as exports to China, US lead sales growth
Oera is the luxury skincare brand of Handsome, a cosmetics unit of Hyundai Department Store South Korea’s beauty industry is…
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Samsung unveils upgraded AI-powered OLED TVs
Yong Seok-woo, head of Samsung’s visual display division, presents its latest OLED TV lineup (Courtesy of Samsung Electronics) Samsung Electronics…
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South Korean stocks, currency dive amid deeper US tariff turmoil
KB Kookmin Bank dealing room (Courtesy of News1 Korea) The South Korean stock market logged its biggest daily loss of…
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ABL Bio lands $2.8 billion license-out deal with GSK
ABL Bio Inc., a South Korean biotech company, will license out its proprietary blood-brain barrier shuttle platform, called the Grabody-B,…
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IMM consortium owns 100% of Hyundai LNG Shipping; Stake stale eyed
Hyundai LNG Shipping, Korea’s top LNG tanker operator A consortium of IMM Private Equity Inc. and IMM Investment Corp. has…
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LG Electronics set to debut on Indian stock market in early May
LG Group Chairman Koo Kwang-mo (third from left) inspects the air conditioner production line at its Noida plant, India in…
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HD Hyundai on course for $1.55 bn order amid US-China trade war
A container ship built by HD Hyundai HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key…
