Kakao Games hit its daily increase limit of 160 percent on its first day of trading on the Kosdaq market. By market capitalization, it is now the fifth largest company on the Kosdaq, ahead of pharmaceuticals company Celltrion.
Kyobo Life Insurance Chairman & CEO Shin Chang-jae was appointed as president of the 2024 Winter Youth Olympics organizing committee, the company announced Thursday.
Retail investor deposits in the book-building exercise for Kakao Games hit almost $50 billion after two days. It is a new record for Korea.
Kakao Games attracted 16.4 trillion won ($13.8 billion) worth of deposits on the first day of retail investor book building Tuesday, for an over-subscription rate of 427.5 times.
Kakao Games looks set to hold the most popular initial public offering (IPO) Korea has seen after posting a record-breaking subscription rate from institutional investors last week.
Shares of Kakao hit an all-time high on Thursday as investors turned bullish due to the rising profitability of its major services, robust demand for digital content during the pandemic and the highly anticipated listing of its affiliate Kakao Games.
Toronto Blue Jays' starter Ryu Hyun-jin said he has refreshed his mind to get ready to make a turnaround from his worse-than-expected previous outings."I performed poorly in the last games," the left-hander said in a video interview.
Football fans sit in the stands, socially distanced, to watch a football game between Jeonbuk Hyundai Motors and Pohang Steelers at Jeonju World Cup Stadium on Saturday. The Korean government on July 24 announced...
Past performance, as they say, is no guarantee of future results, but Korean investors are not moved by that warning. With a flurry of successful initial public offerings (IPOs) and some big names on the horizon, the ants are piling in.
The Hanwha Eagles celebrate after winning 7-6 against the Doosan Bears in the first of two games on Sunday. The win saw the Eagles finally ending their long 18-game losing streak.