Big companies increase RandD investment in 2023

SEOUL, Big companies in South Korea increased their investments in research and development (RandD) activities last year despite decreased earnings, a corporate data tracker said Tuesday.

Their combined RandD investments rose 9.4 percent to 73.42 tri…

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Shinhan Bank raises US$500 mln in global bonds

SEOUL, Shinhan Bank, the flagship unit of South Korean financial holding company Shinhan Financial Group Co., said Tuesday it has raised US$500 million through selling dollar-denominated bonds.

The debts were issued at an interest rate of 1.4 percent…

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