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IPO, LG and South Korea
LG CNS Set to Debut After South Korea’s Biggest IPO Since 2022
LG CNS Co., the diversified technology-services unit of South Korea’s LG Group, is set to make its market debut in Seoul after completing its 1.2 trillion won ($821 million) initial public offering, the nation’s largest since 2022.
LG’s IT Services Affiliate Slumps In Seoul Debut After $825 Million IPO
LG CNS, the information technology services affiliate of South Korean billionaire Koo Kwang-mo ’s LG Group, slumped almost 10% in its stock market debut in Seoul on Wednesday. The company ended the day with a market cap of 5.4 trillion won (about $3.7 billion).
South Korea’s top listing in years flops in debut as IPO fever cools
SOUTH Korea’s biggest new listing in more than two years got off to weak start as LG CNS fell on its Seoul trading debut after a 1.2 trillion won (S$934 million) initial public offering. Read more at The Business Times.
South Korean Tech Services Firm LG CNS Drops in Market Debut
South Korea's LG CNS shares fell from the initial public offering (IPO) price in their trading debut on Wednesday, after conducting the country's largest stock listing in three years. Shares opened at 60,
Kakao, OpenAI and South Korea
OpenAI inks deal with South Korea's Kakao amid growing AI competition
OpenAI chairman Sam Altman inked a deal with South Korean tech giant Kakao Corp. on Tuesday, marking the second major Asian partnership for the ChatGPT maker this week amid growing competition from Ch
OpenAI, Kakao to jointly develop AI products for South Korea
On Monday in Tokyo Altman and SoftBank Group CEO Masayoshi Son agreed to set up a joint venture in Japan to offer AI services to corporate customers.
OpenAI, Kakao team up for AI products; talks with SoftBank, Samsung on Stargate
Microsoft (NASDAQ:MSFT)-backed OpenAI said on Tuesday that it will build AI products for South Korea with local chat and video app operator Kakao. OpenAI's CEO Sam Altman is visiting Asia. On Monday,
3h
on MSN
South Korea's industry ministry temporarily bans DeepSeek on security concerns, official says
South Korea's industry ministry has temporarily banned employee access to Chinese artificial intelligence startup DeepSeek ...
1h
on MSN
Top tourist destinations in South Korea you shouldn’t miss
South Korea is a captivating blend of ancient and modern elements, offering a variety of experiences from bustling cityscapes ...
13h
South Korea’s private education sector rakes in profits despite fewer students
Cram schools are shifting their business strategies to focus on premium, high-intensity programmes. Read more at straitstimes ...
7h
South Korea's ex-defence minister calls protesters who stormed court 'patriots'
A former South Korean defence minister charged with insurrection over his role in a short-lived martial law declaration has ...
cryptonews
13h
Seoul Districts to Seize Crypto as South Korean Local Tax Crackdown Intensifies
More Seoul districts will seize crypto from citizens who fail to pay local taxes, as South Korea’s regions step up a ...
9d
on MSN
What to expect after South Korean president’s indictment on rebellion charges
The jailed president Yoon Suk Yeol, who had been holed up in his presidential compound for weeks after issuing a martial law ...
SeafoodSource
1d
South Korea’s Raon Bada earns world’s first ASC certification for olive flounder
Seoul, South Korea-based aquaculture company Raon Bada has been awarded an Aquaculture Stewardship Council (ASC) ...
6h
South Korea to respond to possible impact of China's export curb on strategic minerals
South Korea's industry ministry said on Wednesday it will monitor and respond to any possible impact from China's export ...
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