Economy
Business·Industry
[Breaking News] HyundaiMotor Reports 49 Trillion Won in 2Q Revenue… Highest Ever for a Single Quarter
HyundaiMotor(005380)announced on the 23rd that it recorded second-quarter revenue of 49.2153 trillion won and operating profit of 2.8509 trillion won. These figures represent a 1.9% increase and a 20.…
M&A·IB
Japan Consolidates Agricultural Cooperatives, France Boosts Venture Capital… What South Korea’s Agricultural Investment Has Overlooked
While the Agricultural Policy Insurance and Finance Institute (APIFI) is striving to establish regional funds to foster local agri-food companies, some point out that relying solely on capital injecti…
Financing
Money Has Been Pumped Into the Economy, but There Are No Companies to Invest In… The Paradox of Agricultural Regional Funds
While the Agricultural Policy Insurance and Finance Institute (APIFI) is expanding its regional funds to provide financing to local agri-food companies, it is facing difficulties in finding general pa…
M&A·IB
[Market In] Why Was the Interest Rate on KoreaZinc’s ‘AA’-Rated PRS in the 5% Range?
Panoramic view of KoreaZinc’s SMC smelter in Australia
KoreaZinc(010130)has entered into its first-ever Price Return Swap (PRS) contract since its founding by leveraging its stake in an Australia…
Business·Industry
Tailim Packaging Publishes Sustainability Report… Expands Renewable Energy Production
Tailim Packaging(011280)is accelerating its production expansion using solar power. Following the installation of solar power facilities at its Cheongwon Campus, the company has also installed them at…
Business·Industry
The Key to the Era of Precision Medicine Is ‘Securing Real-World Clinical Data’… Macrogen, Inc. and NGeneBio Co., Ltd. Expected to Benefit
Cancer treatment is increasingly shifting toward a model where the patient’s tumor genes are analyzed to select the most appropriate therapy. Consequently, the key factor determining the competitivene…
M&A·IB
[Market In] “Why Should Individuals Repay Company Investment Funds?”… OGQ Dispute: Key Issues as Seen by the Court
A dispute over the return of 9 billion won in investment funds raised for the acquisition of Getty Images Korea has escalated to include CEO Shin Cheol-ho of OGQ’s personal debt of approximately 12 bi…
Business·Industry
LGELECTRONICS Launches New Materials Production Line at Haiphong Plant in Vietnam… Expanding B2B Business
LGELECTRONICS announced on the 23rd that it is launching a production line for glass powder-based functional materials at its Haiphong plant in Vietnam. The company is stepping up its efforts in the f…
Business·Industry
Keytruda SC Legal Battle: MSD Scores Another Victory… The Hague District Court Rejects Halozyme’s Motion for a Preliminary Injunction
While MSD (Merck) and Halozyme, partners of Alteogen Inc.(196170), are engaged in a patent dispute over technology related to the subcutaneous (SC) formulation of the world’s top-selling drug “Keytrud…
Business·Industry
DuChemBio Co, LTD Merges with Radiopharmaceutical R&D Subsidiary… Appoints Oh Seung-jun as CTO
Corporate logos of DuChemBio Co, LTD (left) and Radio D&S Labs (right) (Photo courtesy of DuChemBio Co, LTD)
DuChemBio Co.,LTD.(176750)will merge with its radiopharmaceutical research and developm…