Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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First snow to fall in Seoul on Wednesday
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S. Korea not to attend Sado mine memorial: foreign ministry
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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[Weekender] Korea's traditional sauce culture gains global recognition
![[Weekender] Korea's traditional sauce culture gains global recognition](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
![[Weekender] Korea's traditional sauce culture gains global recognition](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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KB Financial Group benchmarks BoA-Merrill Lynch merger
[THE INVESTOR] KB Financial Group, Korea’s leading banking group, seeks to set up a universal banking system to provide a wide variety of financial services from insurance to investment services, the firm said on June 23.After acquiring Hyundai Securities in April, the operator of KB Kookmin Bank plans to diversify its business portfolio to depart from its role of offering traditional financial products such as deposits and installment savings. Wealth management business and commercial investmen
June 23, 2016
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Government to inject W10.5tr into renewable energy
[THE INVESTOR] The government will invest 10.5 trillion won (US$9.1 billion) into renewable energy in collaboration with the private sector, the Ministry of Trade, Industry and Energy said on June 23. In a press release before a parliamentary briefing on the same day, the ministry said that it will focus on issues concerning electric vehicles, solar power, energy storage systems and other energy-related fields. The ministry said that it will roll out measures to improve conditions for electric v
June 23, 2016
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FSC to draw up measures for shipbuilding, shipping-related firms
[THE INVESTOR] The Financial Services Commission will announce measures to support shipping- and shipbuilding-related industries in August. The top financial regulator said that vice chairman Jeong Eun-bo held a meeting with industry representatives in Busan on June 23, and the government is reviewing measures to support the concerned industries. “(The government) is reviewing diverse measures to relieve financial difficulties of the companies linked to the industries undergoing restructuring,”
June 23, 2016
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BioLeaders to go public in July
[THE INVESTOR] Korean pharma company BioLeaders will list on the secondary bourse KOSDAQ on July 7.Established in 1999, the company develops drugs for immune disorders and other incurable diseases. CEOs of BioLeaders: Sung Moon-hee (left) and Kim Sang-sukPrior to listing on the tech-heavy KOSDAQ, BioLeaders was traded on KONEX -- a securities exchange exlusively for small and medium enterprises and venture companies. It will issue 1.2 million shares within the range of 11,000 won (US$9.5) to 15,
June 23, 2016
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Hanwha to face profit squeeze after new preferred share issurance
[THE INVESTOR] Hanwha Corp.’s decision to raise 400 billion won by issuing new preferred shares may lead to profit squeeze due to growing dividend payments, NH Investment & Securities said in a report on June 23. The trading unit of Korean conglomerate Hanwha Group said that it would issue new 20 million preferred stocks to enhance its financial stability in a regulatory filing on June 22. Hanwha GroupShares of Hanwha shed 1.08 percent to trade at 36,700 won ($US31.90) as of 2:22 p.m.Kim Dong-ya
June 23, 2016
