en.infomaxai

Hanwha Life Draws 1.25x Demand for Subordinated Bond, Priced at Top of Range

(Seoul=Yonhap Infomax) Hanwha Life Insurance Co. (AA+) attracted orders worth 1.25 times the offering size in a bookbuilding for its subordinated bond issuance. The coupon rate was set at 5.30% per ...
en.infomaxai

South Korea Introduces Cornerstone Investors, Pre-Marketing for IPOs in Capital Markets Act Amendment

(Seoul=Yonhap Infomax) Kyu Sun Lee - South Korea will formally introduce cornerstone investor and pre-marketing systems for initial public offerings (IPOs) starting mid-month. The measures aim to enha ...
en.infomaxai

Jang Dong-hyuk - 'Cut 'Bad Budget' from Lee's Government, Push for 11.6 Trillion Won Increase in Five Key Livelihood Budgets'

(Seoul=Yonhap Infomax) Da Ye On - People Power Party leader Jang Dong-hyuk announced on the 3rd that during the review ...
en.infomaxai

Samsung Biologics Secures 434.3 Billion Won CMO Contract with Global Pharma

(Seoul=Yonhap Infomax) Yong Gab Kim - Samsung Biologics Co. [207940] has signed a new contract manufacturing organization ...
en.infomaxai

Alteogen Posts Record Quarterly Operating Profit on Platform Commercialization Success

Alteogen [196170] disclosed on the 3rd that it recorded provisional earnings of 119.8 billion won in revenue and 78.9 billion ...
en.infomaxai

State Street Chairman Says 'Hard to Call AI Investment a Bubble'

According to BiggoFinance on the 3rd, Ron O'Hanley, chairman of State Street Corp., said at an event in Hong Kong that "it's hard to conclude that AI is creating a bubble," explaining that "data ...
en.infomaxai

Hite Jinro to Launch Ready-to-Drink 'Somaek' Product This Year to Attract Drinkers

(Seoul=Yonhap Infomax) Yong Gab Kim - Hite Jinro Co. is set to launch a ready-to-drink product combining soju and beer, known as "somaek." According to industry sources on the 3rd, Hite Jinro is ...
en.infomaxai

South Korea, Turkey Formalize Nuclear Financing Cooperation - Sinop Project Gains Momentum

(Seoul=Yonhap Infomax) Ji Seo Jeong - South Korea and Turkey have solidified financial cooperation for nuclear power projects, expanding the foundation for Korean companies to secure Turkey's second ...
en.infomaxai

POSCO Future M Partners with Hyundai Motor Group on Synthetic Graphite Anode Investment in Vietnam

Hyundai Motor Group plans to consider an equity investment of approximately 100 billion won ($84.5 million) in POSCO Future M's Vietnamese synthetic graphite anode project and pursue securing ...
en.infomaxai

US Midterm Elections Put Defense, Healthcare, AI Industries on Edge

(Seoul=Yonhap Infomax) Kyung Lim Kim - The outcome of the US midterm elections could reshape the business environment for key ...
en.infomaxai

President Lee Vows Government Will Buy Properties in Bulk if Prices Plunge - 'Must Break Myth of Real Estate Invincibility'

Accordingly, President Lee also emphasized on X that when forecasting housing prices, one must comprehensively examine transaction volumes, listing increases and decreases, actual transaction prices ...
en.infomaxai

FSS Chief Lee Chan-jin Vows CEO Accountability for Hacking Incidents, Differential Supervisory Fees

(Seoul=Yonhap Infomax) Dong Gyu Heo - Financial Supervisory Service (FSS) Governor Lee Chan-jin announced that the agency will hold chief executive officers (CEOs) and senior management strictly ...