Economy
Business·Industry
Six Samsung Companies Invest $1 Billion in U.S.-Based Helix… Expanding AI Infrastructure Collaboration (Comprehensive)
Six Samsung affiliates, including SamsungElectronics, SAMSUNG C&T CORPORATION, and Samsung SDS, are investing $1 billion (approximately 1.4 trillion won) in the artificial intelligence (AI) infrastruc…
Business·Industry
Vaxcell-Bio Therapeutics: Why It Filed for a ‘Clinical Trial’ Despite Risk Adjustments for VCB-1102
Vaxcell-Bio Therapeutics(323990)is launching additional clinical trials, including a controlled study, to enter the market for the treatment of advanced liver cancer with its core pipeline product, th…
Business·Industry
Wise birds Inc. Named a TikTok ‘Premier Agency’… Strengthens Global Marketing Dominance
Digital marketing specialist Wise birds Inc.(273060)is expanding its influence in the global marketing market. Wise birds Inc. announced on the 29th that it has been certified as a “Premier Agency”—th…
M&A·IB
[Exclusive] Defending Returns Despite Failed IPO… KDB Investment & Hana Bank Hold Their Own with Cosmax Investment
KDB Investment (formerly KDB Investment) has completed its exit—recouping its investment—from Cosmax, a cosmetics original design manufacturer (ODM) company, three years after its initial investment. …
Business·Industry
"Fall Behind in Investment, and You'll Be Left Behind"... Korea, China, Japan, and Germany Battle It Out for the 'Dream Battery' [only-EDAILY]
“If you fall behind in investing, you could easily be left behind.”The fact that South Korea’s three major battery manufacturers have successively disclosed patents related to all-solid-state batterie…
Business·Industry
A Flurry of South Korean 'All-Solid-State Battery Patents'... Cars Powered by the 'Dream Battery' to Hit the Roads Next Year [only-EDAILY]
All-solid-state batteries, often referred to as the “dream battery,” are moving beyond research and development (R&D) into the arena of commercialization competition. This month, South Korea’s three m…
Financing
[Market Insight] U.S. Treasury Yield Shock at 5.2%… Corporate Financing in ‘Crisis Mode’ as Corporate Bond Yields Hit Year-to-Date Highs
On the 15th, SK GeoCentric conducted a bookbuilding process for a corporate bond issuance. Although the amount of funds raised exceeded the target, the interest rate was set 0.4 percentage points high…
Business·Industry
Kim Seong-yeon, Largest Shareholder of OSCOTEC Inc., Joins Forces with Second-Largest Shareholder to Restructure the Board of Directors
Kim Seong-yeon, a director at Genosco and the only son and largest shareholder of Kim Jeong-geun, the former founder of OSCOTEC Inc.(039200), is moving to restructure the board of directors to gain a …
M&A·IB
[Market In] South Korea and Japan’s Deep Tech Companies Grow in Singapore and Expand Globally… Asia’s Capital Markets Form a ‘Triangular Alliance’
Efforts to connect cross-border capital with Asian deep-tech companies are becoming increasingly diverse. The investment network, which had been centered on South Korea, Japan, and Taiwan, has recentl…
Business·Industry
"Number of Foreign Visitors to South Korea Exceeds 15 Million… Spending Also Hits All-Time High"
The K-Culture craze has driven the number of foreign tourists visiting South Korea and their spending to record highs. This trend is interpreted as a result of foreign tourists’ spending expanding bey…