LG Household & Health to buy stake in US-based Boinca
Sep 01, 2021 08:36 am UTC| Business Economy
LG Household Health revealed earlier this week that it will acquire a 56% stake in Boinca, a US-based company that owns Arctic Fox, a high-end hair care brand. It was reported that the deal for the purchase is worth $100...
Sep 01, 2021 08:35 am UTC| Business Economy
Bithumb, Korbit, and Coinone are the leading cryptocurrency exchange in South Korea and they have teamed up to create COnnect Digital Exchanges or CODE. It was reported that the three crypto exchanges agreed to a joint...
Hyundai, Shinsegae Group to clash anew in the cosmetics business
Sep 01, 2021 06:27 am UTC| Business Economy
Hyundai Department Store and the Shinsegae Group are entering a new kind of competition as both will be venturing into the premium cosmetics business. The companies have long been rivals but this is another level of their...
Sep 01, 2021 06:16 am UTC| Business Economy
South Korea finally passed the law that will regulate Google and Apples in-store payment policies. On Tuesday, Aug. 31, the National Assembly finalized and approved the bill and made the country the very first in the world...
FxWirePro: China's Caixin Manufacturing PMI misses estimates, slips into contraction in August
Sep 01, 2021 05:17 am UTC| Economy
USD/CNY chart - Trading View Chinas official manufacturing PMI data released earlier on Wednesday showed Chinas manufacturing sector has slipped back into contraction. Chinas August Caixin manufacturing PMI fell to...
China's tough regulations on online games adversely impact S. Korean companies
Sep 01, 2021 04:26 am UTC| Law Economy
South Korean gaming companies have hit a snag after China abruptly announced a new tougher measure on young people playing online games. China limited online game playing to three hours a week for those under 18,...
Indian booking site Yatra's lawsuit over Ebix merger dismissed for lack of right to pursue claims
Sep 01, 2021 03:29 am UTC| Law Economy
Indian travel booking site Yatra Online Incs lawsuit against software company Ebix Inc for sabotaging their now-dissolved merger was dismissed by a Delaware judge for its lack of right to pursue breach of contract...
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