KIC earns 60% of its cumulative gains in last two years
KIC Chief Executive Choi Hee-nam during a news conference on Feb.2 Korea Investment Corporation (KIC) earned a combined $42 million in gains between 2019 and 2
Source: kedglobal.com
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Behind the scenes of Naver's $600 mn purchase of Wattpad
Last August, online portal Naver Corp. entered into exclusive talks with Toronto-based Wattpad Corp. to buy a stake in the world’s largest web novel pla
Source: kedglobal.com
S.Korea's short selling ban may face second extension; longest to date
South Korea’s financial authorities and the ruling Democratic Party are likely to extend the country's ban on short selling for another three months, ma
Source: kedglobal.com
SK Hynix completes construction of its largest $3.14 bn chip plant
SK Group Chairman Chey Tae-won (center) attends a ceremony at SK Hynix's M16 plant. SK Hynix Inc. has completed the construction of its largest chip plant, whi
Source: kedglobal.com
Samsung on lookout for M&As; auto chipmakers among prime targets
Samsung Electronics Co., sitting on a cash pile of more than 100 trillion won ($90 billion), is actively pursuing mergers and acquisitions, with some automoti
Source: kedglobal.com