SEOUL– The finance ministry on Tuesday said it plans to list 30-year Treasury futures by 2024, citing growing demand for extra-long-term bond futures. Until then, it will continue consultations with the Korea Exchange (KRX), the bourse operator, and the financial institutions, about details, such as regulations and liquidity supply. Futures based on 10-year Treasuries are … Read more
SEOUL– LG Chem Ltd., a major South Korean chemicals firm, said Tuesday it plans to take over AVEO Pharmaceuticals Inc., a U.S. bio firm focused on renal cell carcinoma, for US$566 million. In a regulatory filing, LG Chem said it will invest the amount in its U.S. affiliate, LG Chem Life Science Innovation Center, which … Read more
SEOUL– LG Group Chairman Koo Kwang-mo visited a joint venture between the group’s battery making affiliate and U.S. carmaker General Motors Co. in Ohio, industrial sources said Tuesday. Koo has recently toured the No. 1 plant of Ultium Cells LLC, a joint venture between GM and LG Energy Solution Ltd. that hived off from LG … Read more
OKX is publicly launching Block Trading, which allows institutional and high net worth investors to place significant trades with no price slippage and minimal market impact VICTORIA, Seychelles, Oct. 18, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second-largest crypto exchange by trading volume, has announced the public launch of its paradigm-shifting Block Trading product following extensive […]
Recent expansion to 77,000 sq ft. makes Mosa Meat the largest cultivated meat campus in the world. Maastricht, The Netherlands, Oct. 18, 2022 (GLOBE NEWSWIRE) — Mosa Meat, a leader in the cultivated meat space that grows beef directly from animal cells, and unveiled the first cultivated hamburger in 2013, has announced the next step […]
WONJU, South Korea, Oct. 17, 2022 (GLOBE NEWSWIRE) — Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, will become the Official Cybersecurity Partner of the BMW Ladies Championship, taking place at the Oak Valley Country Club in the Republic of Korea. The partnership with the BMW Ladies Championship will represent Fortinet’s first […]