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Reporter : Anna J. Park
Mon, December 6, 2021 | 18:32
Toss operator Viva Republica's valuation surges to W8 tril.
Viva Republica, the operator of mobile-based financial application Toss, is currently seeking to raise 200 billion won ($177 million) in investments on its corporate valuation of 8 trillion won.
Local PEFs place growing emphasis on ESG values
Environmental, social, and corporate governance (ESG) themed investing is increasingly becoming the norm in private equity financing (PEF), as a growing number of limited partners - investors in a fund - emphasize its criteria in measuring the sustainability and social impact of an investment in a company or business. Investment portfolios that do not consider ESG principles ...
Paris in Everland
Everland, an amusement park located in Yongin, Gyeonggi Province, offers a glimpse of tourism in Paris, France, as its Rose Garden area receives a facelift to display a French atmosphere for visitors. Modeled after Paris' Saint-Germain-des-Pres quarter, the amusement park cooperated with the French Tourist Office to decorate its Rose Garden area to bring out French sentiments...
Cryptocurrencies' extreme volatility rekindles uncertainty of digital rally
Is this the end of cryptocurrencies' rally or is it simply another of the digital coin assets' frequent volatile correction periods? No one seems to know, as the prices of major cryptocurrencies have shown an extreme level of volatility during the past 24 hours, as they tumbled by some 30 percent to 40 percent at around 10 p.m. Wednesday, Korea time, and then went on an upwar...
Kakao Mobility to pursue local IPO over US listing
Kakao Mobility is said to be eyeing local stock markets for its future IPO, which is expected to come as early as later this year.
'Musk's disruptive impact on crypto-assets to be limited'
Bitcoin and altcoin prices fluctuated once again on Monday as Tesla CEO Elon Musk sent a series of tweets on late Sunday and early Monday, local time, triggering a plunge of bitcoin and other altcoins followed by a slight rebound.
Hanwha General Chemical, Hyundai Heavy Industries, Lotte Rental all eye August for IPOs
This summer will be replete with major companies' IPO events, as Hanwha General Chemical, Hyundai Heavy Industries and Lotte Rental all plan to go public around August this year.
ESG stocks outperform market
Making investments considering a company's environmental, social and corporate governance (ESG) criteria has been becoming an increasingly significant part of evaluating a stock's value.
Hanwha Group, KDB to cooperate in green energy sector
Hanwha Group and Korea Development Bank (KDB) signed an agreement Wednesday to cooperate in green energy and financing projects worth 5 trillion won ($4.5 billion) over the next five years.
'Server shutdowns' at crypto exchanges rekindle concerns
Despite frequent server shutdowns at local cryptocurrency exchanges, no one seems to be being held responsible for these incidents, due to the country's legal loopholes surrounding “virtual assets.”