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The Korea Herald

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Korea Investment, OKX acquire 20% stakes in Coinone

Korea Investment & Securities is set to become a major shareholder of cryptocurrency exchange Coinone after agreeing to acquire a 20 percent stake, underscoring traditional finance's growing push into the nation's digital asset market. Coinone said Friday that Korea Investment & Securities and OKX Ventures would each acquire a 20 percent stake through a combination of newly issued shares and existing shares sold by Coinone CEO Cha Myung-hoon and Com2uS Holdings. Following the transaction, Cha wi

The Korea Herald

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The Black Label completes Series B funding round to accelerate global expansion

The Black Label, led by producer Teddy Park, announced Tuesday that it had completed its Series B funding round on May 20. Key investors in the latest round included Tencent Music Entertainment, the China-based operator of music platforms such as QQ Music and Kugou Music, and Krafton, the South Korean game publisher behind PUBG: Battlegrounds. The Series B investment totaled 120 billion won (79.8 million), giving The Black Label a post-investment valuation of 1 trillion won. Existing shareholder

The Korea Herald

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Doosan Enerbility joins Rolls-Royce SMR projects as strategic partner

Doosan Enerbility said Thursday it was selected as a strategic partner for a small modular reactor project led by Rolls-Royce SMR. Following the selection, the company will undergo feasibility tests for key equipment such as nuclear reactors used in Rolls-Royce SMR projects in the UK and the Czech Republic. Rolls-Royce SMR is a small modular reactor development firm with British aerospace and defense company Rolls-Royce Holdings PLC as its largest shareholder. It is currently developing a 470-me

KBS World (English)

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Samsung Shareholders Claim Wage Deal Violates Commercial Law

[Economy] : A group of Samsung Electronics shareholders has claimed that a tentative wage deal between the company and its labor union violates commercial law, vowing to exercise shareholder rights against it. At a press conference in Suwon on Wednesday, the group argued that the agreement was merely structured as a ... [more...]

The Korea Herald

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Samsung seals strike-averting wage deal amid bonus backlash

Samsung Electronics and its labor unions signed their 2026 wage agreement Wednesday, formally ending weeks of negotiations after union members approved a last-minute bonus deal that narrowly averted a planned strike. But the agreement is expected to fuel backlash over wide bonus gaps between chip and nonchip employees, and shareholder opposition over profit-linked payouts. The signing ceremony was held at Samsung's employee training center in Giheung, after the deal was approved by a union vote

The Korea Herald

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[Reporter’s Notebook] When education policy outruns coordination

When the Education Ministry announced in April that it would crack down on unapproved international schools, the schools themselves were not the only concern. Many of these institutions operate like schools while being registered as private academies. Some also hire foreign teachers on E-2 visas, which are issued for foreign language instruction. In practice, however, many such teachers are believed to teach other subjects. When asked what would happen to E-2 visa holders found teaching nonlangu

KBS World (English)

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Samsung Electronics Shareholders to Put Off Lawsuit to Nullify Deal with Labor

[Domestic] : A group of Samsung Electronics shareholders has decided to put off filing its lawsuit to nullify a tentative wage deal between the company and its labor union. The group told media outlets on Tuesday that it will pursue the lawsuit after seeing the outcome of a court case filed by workers at the ... [more...]

The Korea Herald

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Uber becomes top shareholder in Delivery Hero, Baemin parent

Uber has become the largest shareholder in the parent company of Woowa Brothers, operator of the South Korean food delivery app Baemin, after acquiring an additional stake. Germany-based Delivery Hero said Monday that Uber had acquired additional shares, raising its holding from around 7 percent to 19.5 percent of issued capital, as well as options to obtain an additional 5.6 percent stake. “Delivery Hero welcomes Uber’s additional investment as a further endorsement of its platform and Everyday

The Korea Herald

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Korea's 'value-up' push may pressure bank capital: Moody's

Moody's Ratings warned Tuesday that rising shareholder returns and policy-driven lending expansion could pressure Korean banks’ capital buffers, even as the country’s banking system remains broadly sound. The ratings agency said Korea’s corporate value-up campaign has lifted shareholder returns closer to global peers, while major financial groups have adopted clearer capital targets. “The value-up policy itself has positive aspects,” said Arlene Sohn, assistant vice president and analyst at Mood

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Korea Investment, OKX acquire 20% stakes in Coinone

The Black Label completes Series B funding round to accelerate global expansion

Doosan Enerbility joins Rolls-Royce SMR projects as strategic partner

Samsung Shareholders Claim Wage Deal Violates Commercial Law

Samsung seals strike-averting wage deal amid bonus backlash

[Reporter’s Notebook] When education policy outruns coordination

Samsung Electronics Shareholders to Put Off Lawsuit to Nullify Deal with Labor

Uber becomes top shareholder in Delivery Hero, Baemin parent

Korea's 'value-up' push may pressure bank capital: Moody's