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Month: September 2020

  • Home
  • 2020
  • September
  • Economy

Seoul stocks extend winning streak to 3rd session on U.S. stimulus hopes

SEOUL, Sept. 29 (Yonhap) — South Korean shares extended their winning streak to a third session Tuesday, as progress in … ...

September 29, 2020October 13, 2020
  • Economy

KDB floats 200 bln won in green bonds

SEOUL, Sept. 29 (Yonhap) — The state-run Korea Development Bank (KDB) said Monday it has locally issued green bonds worth … ...

September 29, 2020October 13, 2020
  • Investment

SK to sign agreement with Premier Partners soon

SK Group and private equity firm Premier Partners are expected to sign a shareholders’ agreement soon to raise funds for … ...

September 29, 2020October 13, 2020
  • Investment

JKL Partners invests $34 mln in Megazone Cloud

Private equity firm JKL Partners will invest 40 billion won ($34 million) in Megazone Cloud Corporation, South Korea’s first Amazon … ...

September 29, 2020October 13, 2020
  • M&A

Humax Mobility to acquire car-sharing firm Peoplecar

Humax Mobility Corp, a car-sharing and parking management company backed by Humax and STIC Investments, is to acquire Peoplecar.

Humax Mobility … ...

September 29, 2020October 13, 2020
  • M&A

SK Lubricants expects strong buyer interest

Teaser letters have been sent to potential buyers of a minority stake in SK Lubricants Co Ltd, the lubricant oil business arm … ...

September 29, 2020October 13, 2020
  • M&A

Three preliminary offers for Doosan Infracore stake

MBK Partners, Glenwood Private Equity and a consortium of Hyundai Heavy Industries and KDB Investment have submitted  preliminary bids for a stake … ...

September 29, 2020October 13, 2020
  • Fundraising

NPS returns rose to 3.5% in July as stocks rebounded

South Korea’s National Pension Service (NPS) recorded better returns on fund management in July after a weak performance in the first half, as expectations of vaccine development and stimulus measures by major countries boosted stock markets.
September 29, 2020October 13, 2020
  • Economy

Banks’ lending rates drop for 3rd straight month in Aug.

SEOUL, Sept. 29 (Yonhap) — South Korean banks’ lending rates fell for the third straight month in August amid falling … ...

September 29, 2020October 13, 2020
  • Economy

Seoul stocks open sharply higher on new U.S. stimulus hopes

SEOUL, Sept. 29 (Yonhap) — South Korean shares opened sharply higher Tuesday, apparently tracking overnight advances on Wall Street that … ...

September 29, 2020October 13, 2020

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