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The Korea Economic Daily

@kedglobal

The Korea Economic Daily is a digital media platform where news and analysis on Korean companies, industries, and financial markets are delivered.

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linkhttp://www.kedglobal.com calendar_today10-10-2020 08:34:57

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Samsung Electronics and SK Hynix forecast DRAM and high-bandwidth memory (HBM) prices to stay firm in 2024. Their margins are expected to be held steady with no HBM oversupply seen in 2025. 3E
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Hanmi Pharmaceutical Group is set to enter a new round of a family feud as the founding family's son is seeking to oust his mom from management.
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Deutsche Bank Korea’s investment banking head Cho Man Chul recently quit, a few months after its S.Korea head Seungeun Ahn left. Its former DCM executive Shinna Oh quit earlier this year. kedglobal.com/investment-ban…

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In its first response to the Naver-Line incident, the Seoul government said it would sternly deal with any “unfair” measures by Tokyo.

Cloud Yahoo

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Korea Zinc, the world's No. 1 non-ferrous metal smelter, will build a new R&D hub for new growth engine green materials business in Incheon for $146 mn.

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SK Group's chemicals unit SKC has broken ground on the world's largest single plant for plastic, or , in Vietnam; it aims to begin operating in the third quarter of 2025.



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Group will sell its four-star hotel and relevant facilities for more than $73 million to local real estate firm , as a part of rescue plan for debt-ridden Taeyoung E&C.



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, so-called Korean vodka, enjoys increasing popularity in North America; a package of is the most favorite Korean instant meal for foreigners.



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South Korea's -listed firms logged a 39.9% dividend payout ratio last year, distributing $30 billion to shareholders.

payout

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Korea Asset Management has confirmed the nomination of Representative Director Kim Yong Hwan as APAC PE head and the promotion of Director Lee Soojin as executive director, according to banking sources.
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S.Korea’s largest beauty store chain CJ Olive Young will set up a subsidiary in Japan to expedite its foray into the neighboring country after its No. 2 shareholder Glenwood PE exited at twice its investment.
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POSCO and Shinhan have invested a combined $20 million in Aussie green hydrogen tech startup Hysata as part of its $111 million Series B funding.



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South Korea is a highly-recognized arbitration venue and Korean companies may as well use its arbitration systems rather than going to international bodies, a renowned arbitration specialist said.
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Korean game developer Netmarble decided to sell a stake in HYBE Co., the label behind global K-pop sensation BTS, for $161 mn.



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