South Korea

Coupang Shares Jump 40% After Monster IPO
IPOs

Coupang Shares Jump 40% After Monster IPO

The South Korean e-commerce giant believes it is still only "scratching at the surface" of the potential of the Korean online shopping market.
By Matthew Heller | March 11, 2021
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GM Offers Restructuring Plan for Korea Unit
Strategy

GM Offers Restructuring Plan for Korea Unit

The automaker would convert around $2.2 billion of GM Korea's debt into equity in exchange for financial support and tax benefits from Seoul.
By Matthew Heller | February 21, 2018
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Whirlpool Wins Battle in S. Korea Trade War
Strategy

Whirlpool Wins Battle in S. Korea Trade War

The International Trade Commission clears the way for the White House to impose trade barriers on imports of Samsung and LG washing machines.
By Matthew Heller | October 5, 2017
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MagnaChip Fined $3M Over Accounting Fraud
Risk & Compliance

MagnaChip Fined $3M Over Accounting Fraud

The Korean chipmaker and its ex-CFO allegedly engaged in "accounting tricks" to meet revenue and gross margin targets after it went public.
By Matthew Heller | May 2, 2017
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Lotte Group Scraps Hotel Unit Public Listing
Risk & Compliance

Lotte Group Scraps Hotel Unit Public Listing

The South Korean conglomerate is reportedly the target of a bribery investigation that led to a raid on its headquarters last week.
By Katie Kuehner-Hebert | June 13, 2016
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GE to Buy Power Business From South Korean Firm
M&A

GE to Buy Power Business From South Korean Firm

Industrial giant continues to add to its core industrial lines of business while jettisoning most of its financial services units.
By Katie Kuehner-Hebert | May 10, 2016
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