Latest News for: Seoul investment

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GlobalX Joins Growing List Of U.S. Bitcoin ETF Hopefuls

Decrypt 22 Jul 2021
GlobalX is a subsidiary of Seoul-based Mirae Asset Global Investments, a global investment manager with over $560 billion in AUM.
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Korea Investment slammed for getting 'favor' in KakaoBank IPO

Korea Times 22 Jul 2021
Korea Investment & Securities headquarters in Seoul / Courtesy of Korea Investment & Securities ... The brokerage company is one of three underwriting firms for Kakao Bank's IPO, along with Hana Financial Investment and Hyundai Motor Securities ... Regarding such criticism, Korea Investment said it had no comment on the matter.
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Merck supplies OLED materials to LG Display

Korea Times 22 Jul 2021
Merck is investing substantial resources required ... In 2020, Merck announced the investment of an additional 25 billion won ($21.7 million) to establish a next-generation OLED materials manufacturing facility at the Poseung National Industrial Complex in Pyeongtaek, south of Seoul.
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Uber Freight to Acquire Transplace

The Marshall News Messenger 22 Jul 2021
Over the course of the partnership, Transplace has invested heavily in technology and other growth initiatives to further bolster the company’s expansive, high-quality, customizable solutions for managing today’s supply chain ... to drive investment activity across TPG’s platforms.
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Dig deeper into fund scam

Korea Times 21 Jul 2021
A Seoul court sentenced the CEO of Optimus Asset Management, who was at the center of a massive investment fraud, to 25 years in prison Tuesday in one of the country's largest fund scams ... Law enforcement agencies should get to the bottom of the scandal to punish all those involved in this unprecedented investment scam.
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Busan's financial hub vision faces triple whammy

Korea Times 21 Jul 2021
... KB Securities, Samsung Securities, NH Investment & Securities, Korea Investment & Securities and Kiwoom Securities. Korea Financial Investment Association (KOFIA) Chairman Na Jae-chul speaks during an online press conference at KOFIA headquarters in Seoul, July 15.
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South Korea aims to have a bigger footprint in Hollywood. This deal could be a ...

Finger Lakes Times 21 Jul 2021
Seoul-based CJ Entertainment and Merchandising invested in studio Skydance last year, as part of a $275 million strategic funding round with other investors ... Korean-language series and movies have become more widely accessible through streaming services like Netflix, which has invested heavily in such programming.
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SoftBank Vision Fund invests $1.7 billion in S.Korean travel firm Yanolja

Metro USA 15 Jul 2021
SEOUL (Reuters) -SoftBank’s Vision Fund has invested $1.7 billion in Yanolja, the South Korean travel and leisure firm said on Thursday, as it seeks to build on rapid pandemic-induced growth in Southeast Asia, India and Africa ... Yanolja declined to comment on the stake Vision Fund is receiving or its valuation based on the investment.
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SoftBank Vision Fund to invest $1.7 bln in S.Korea travel firm Yanolja

Canada Dot Com 15 Jul 2021
SEOUL — SoftBank’s Vision Fund has invested $1.7 billion in Yanolja, the South Korean travel firm said on Thursday.
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SoftBank Vision Fund invests $1.7 bln in S.Korean travel firm Yanolja

Canada Dot Com 15 Jul 2021
SEOUL — SoftBank’s Vision Fund has invested $1.7 billion in Yanolja, the South Korean travel and leisure firm said on Thursday, as it seeks ...
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A Robot Trader Thinks This Meme Stock Will Outperform Facebook and Walmart. Here’s What Else It Bought.

Barrons 15 Jul 2021
The fund is a product of Qraft, a Seoul, South Korea-based fintech group leveraging AI across its investment products, which include three other AI-picked versions of major indexes ... The entrance of AI-run funds onto Wall Street promised a new high-tech future for investing, though it hasn’t quite lived up to the hype yet.
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S.Korea to invest 190 bln USD by 2025 for digital, green transformation

China.dot.org 14 Jul 2021
SEOUL, July 14 (Xinhua) -- South Korea on Wednesday announced planning to invest 220 trillion won (about 190 billion U.S ... In addition to the digital and green projects, the investment will be made in the expanded social safety nets for the inclusive growth during the COVID-19 pandemic era that widened income gaps between haves and have-nots.
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Xinhua world economic news summary at 0900 GMT, July 14

China.dot.org 14 Jul 2021
SEOUL -- South Korea on Wednesday announced planning to invest 220 trillion won (about 190 billion U.S ... South Korean President Moon Jae-in said in a strategic meeting for the so-called South Korean version of the New Deal initiative that the total investment in the initiative by ...
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Gov't to expand Korean New Deal investments to W220 tril.

Korea Times 14 Jul 2021
The government said Wednesday that it will increase its investments in Korean New Deal projects to 220 trillion won ($191 billion) by 2025, up from its earlier plan of 160 trillion won, in a bid to secure new growth engines and better prepare for the post-pandemic period.

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