Korea Finance

US, Korea strengthen ties and news on Korean startups

South Korea strengthens its economic ties with the United States when President Moon Jae-in meets with US President Joe Biden in Washington DC. The two countries pledge to invest in various businesses and share common goals. Blockchain start-up Firmachain is updating its features for more developers to experience blockchain technology …

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Get a bang, take a day off – or three

Medical personnel vaccinate a citizen in central Seoul on Thursday. [YONHAP] Some of the biggest Korean companies, including Samsung and LG, have decided to give employees paid time off when they get their Covid-19 vaccine – up to three days. Samsung Electronics, Korea’s largest company by market capitalization, announced internally …

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HSF and Hiswara Bunjamin & Tandjung advise K-Water in South Korea on the success of the tender for the Karian-Serpong water project

K-water, South Korea’s public water company, has partnered with Indonesian public construction company Adhi Karya for the project auction hosted by the Indonesian Ministry of Public Works and Housing. The consortium will supply water to West Jakarta and the city of Tangerang in adjacent Banten province under a 30-year concession. …

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Hanwha obtains W5tr from KDB to finance its green activities

Hanwha Solutions Chairman and CEO Kim Dong-kwan (third from left) and Korea Development Bank President Lee Dong-gull (fourth from left) pose for a photo after signing a funding. KDB will provide 5,000 billion won to finance Hanwha’s environmental, social and governance activities over the next five years. (Hanwha) Hanwha Group …

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Asian stocks follow Wall St lower as inflation fears escalate

BEIJING (AP) – Asian stock markets followed Wall Street lower for a second day on Thursday after unexpected increases in consumer prices in the United States fueled concerns that inflation could dampen the economic recovery. Market references in Shanghai, Tokyo, Hong Kong and Southeast Asia declined. Overnight, the Wall Street …

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