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1 month ago | 
koreajoongangdaily.joins.com | Park Eun-Jee |Shin Ha-Nee |Kim Ju-yeon
Home > Business > Industry dictionary PARK EUN-JEE SHIN HA-NEE KIM JU-YEON 김병주 MBK 파트너스 회장 [중앙일보] Godfather or nemesis? Korea's richest man stands on a precipice 대부인가 천적인가?
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1 month ago | 
koreajoongangdaily.joins.com | Park Eun-Jee |Shin Ha-Nee |Kim Ju-yeon
Michael ByungJu Kim, better known as Kim Byung-ju in Korea and Michael Kim in the United States, currently has a higher net worth than all of Korea's richest people, according to the Forbes Real-Time Billionaires List, after charting a hugely successful yet controversial path in private equity.
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Jan 24, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Economy dictionary The government’s designation of Jan. 27 as a public holiday is a polarizing decision for office workers, depending on the company size. While employees at large companies are taking full advantage of the temporary holiday, and the New Year bonuses, workers at small- and medium-sized enterprises are feeling a bit miffed.
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Jan 22, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Shares rallied more than 1 percent Wednesday to their highest in more than two months on eased U.S. tariff concerns. The won rose in value against the dollar. The Kospi gained 29.03 points, or 1.15 percent, to close at 2,547.06, ending a three-session losing streak. It also reached its highest closing price since Nov. 8, when the index finished at 2,561.15. Trade volume was moderate at 570.7 million shares worth 10.8 trillion won ($7.51 billion), with decliners beating gainers 479 to 402.
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Jan 22, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Industry dictionary Daemyung Sono Group, the second-largest shareholder of T'way Air, intends to gain more control of the budget airline's management. The construction and hospitality conglomerate’s subsidiary, Sono International, urged Korea's third-largest low-cost carrier (LCC) to replace its board in a letter sent to its management Wednesday.
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Jan 21, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Industry dictionary Korea's textile industry, like many other sectors, is searching for ways to integrate the well-funded and highly hyped technologies of AI and robotics into its products. “Functional clothing” was top of mind at the Korea Federation of Textile Industries' (Kofoti) Textile and Fashion Strategy Forum, a discussion of the fashion-technology trends that companies showcased at CES 2025.
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Jan 21, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Finance dictionary Shares finished lower for the third consecutive session Tuesday as investor sentiment was dragged down by a set of protectionist trade policies by U.S. President Donald Trump on his first day in office. The won's value rose to a one-month high against the dollar. The Kospi fell 2.02 points, or 0.08 percent, to close at 2,518.03, extending its losing streak to three sessions.
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Jan 20, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Industry dictionary Food and beverage (F&B) company Lotte Wellfood is weighing its options for its baked goods business, including a sale of the division estimated to be worth around 100 billion won ($69 million). The F&B company will separate and sell the entirety of its baked goods business, the Seoul Economic Daily reported Sunday.
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Jan 19, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Home > Business > Industry dictionary Korean business heads are gearing up for a Donald Trump presidency. Major conglomerate leaders are set to attend the President-elect’s inauguration on Jan. 20 as part of efforts to assuage the influence of the U.S. politician, who has proposed potential tariffs that could highly impact Korea’s exports and currency.
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Jan 19, 2025 | 
koreajoongangdaily.joins.com | Kim Ju-yeon
Hana Financial Group's chairman met with Bain Capital executives, including Co-Managing Partners John Connaughton and David Gross, to discuss the investor's expansion in Korea as the U.S. firm eyes its next opportunities after securing a stake in the country's leading zinc smelter.
