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Crescendo Equity Partners, a domestic private equity firm, conducted a block deal to sell a portion of its stake in Seojin System, amounting to 537 billion won, to repay acquisition financing.
Daol Securities predicts that Celltrion will ramp up its sales of new drugs in the second half of the year, aiming for total revenue of 3.6 trillion won for this year.
Wemade is withdrawing its cryptocurrency wallet service "Play Wallet" from the domestic market due to controversies surrounding its failure to report to authorities.
Both companies' stock prices closed lower as HYBE disposed of a large portion of its shares in SM Entertainment.
ChatGPT Former Samsung Electronics Vice Chairman, who is accused of 'leaking confidential information,' will undergo a detention review on the 30th.
KT is considering whether to appeal a court ruling that it must pay 12 billion won in compensation for participating in bid rigging for a national project.
Lotte Duty Free is set to enter emergency management next month, with considerations underway for restructuring its workforce.
Medytox is setting up a botulinum toxin plant in Dubai, targeting a market estimated to be worth KRW 2 trillion.
Emart is investing KRW 100 billion in Chosun Hotel & Resort.
Samsung Electronics is teaming up with Lennox in the U.S. to target the North American HVAC (heating, ventilation, and air conditioning) market.
Credit rating agency S&P Global announced that it has downgraded the credit rating outlook for LG Chem and LG Energy Solution from 'stable' to 'negative'.
Hanwha Global has reached a basic agreement with INEOS of the UK to establish low-carbon ammonia production.
The extent of sanctions against Kakao Mobility is expected to be largely determined by the presence of deliberate misconduct.
JYP Entertainment is forecasted to fall short of its operating profit expectations due to the debut of new artists.
A local employee of Daegu Bank's subsidiary in Myanmar was murdered on the 27th.
Yuanta Securities maintained its "buy" rating on CJ, citing strong sales performance and improved profitability across all business segments.
Doosan Enerbility's stock price surged to a record high on reports of a contract to supply SMR facilities to the United States.
IMM Private Equity (PE) is driving the sale of HanaTour, with Citibank Securities selected as the lead underwriter.
Business leaders including Lee Jae-yong, Choi Tae-won, and Jung Ui-sun are set to meet with the President of the UAE during his visit to Korea.
"Fadu, a system semiconductor fabrication company, has secured a contract worth 192 billion won from an overseas SSD specialist company."
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