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IPO, LG and South Korea
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).
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.
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
By Hyunjoo Jin SEOUL (Reuters) -ChatGPT creator OpenAI and South Korea's dominant chat app operator Kakao said on Tuesday they plan to form a strategic partnership to develop AI products for the Korean market.
OpenAI partners with Korea’s Kakao after inking SoftBank Japanese JV
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI's American backyard, OpenAI is expanding in Asia, with major commercial deals that
2h
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 ...
Anadolu Ajansi
22m
South Korean imprisoned president refuses on-site questioning by lawmakers about martial law decree
Seoul assures Beijing of country's political stability, invites Chinese President Xi Jinping to South Korea - Anadolu Ajansı ...
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 ...
6h
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 ...
59m
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 ...
cryptonews
12h
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 ...
2d
on MSN
South Korean appeals court upholds acquittal of Samsung chief Lee
A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial ...
The World on MSN
4d
In South Korea, shamans are shunned — and revered
Shamans, the practitioners of an ancient belief system, are often disparaged in South Korea. But they also hold a special ...
The Phnom Penh Post
11h
Samsung, OpenAI, Softbank chiefs convene in Seoul to discuss AI partnership
ChatGPT Creator OpenAI’s CEO Sam Altman, who is currently visiting Korea, is set to hold a meeting with Samsung Electronics ...
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