Daily Archive: December 4, 2021

Capitalworks Emerging Markets Acquisition Corp Announces Closing of $230 Million Initial Public Offering, Including Full Exercise of the Underwriters’ Over-Allotment Option

NEW YORK, Dec. 03, 2021 (GLOBE NEWSWIRE) — Capitalworks Emerging Markets Acquisition Corp (the “Company”), a special purpose acquisition company, today announced the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit, which includes the full exercise of the underwriters’ option to purchase an additional 3,000,000 units from […]

Minor quake hits off Baengnyeong Island, no damage reported

SEOUL, A 2.3 magnitude earthquake occurred at 12:33 a.m. on Saturday in waters 16 kilometers northwest of Baengnyeong Island near the inter-Korean western border.There were no immediate reports of casualties or damage to properties, according to the Ko…

U.S. keeps S. Korea on monitoring list for currency practices

WASHINGTON, The United States said Friday that it is keeping South Korea on its list of countries to be monitored for currency practices.The U.S. Treasury Department named 11 other countries, including China and Japan, on the monitoring list in its sem…

KBO’s Landers sign ex-MLB hitter Kevin Cron

SEOUL, The South Korean baseball club SSG Landers announced Saturday they’ve acquired a former major league infielder Kevin Cron.Cron has agreed to a one-year deal worth up to US$1 million, the maximum amount allowed for first-year foreign players in …

BTS opens L.A. stop of 2021 Jingle Ball Tour

SEOUL, South Korean superband BTS has taken the opening stage for the Los Angeles stop of this year’s iHeartRadio Jingle Ball Tour, the largest year-end radio show in the United States, the group’s agency said Saturday.The septet performed its English-…

S.Korea reports record-high COVID-19 cases, deaths

South Korea reported a record daily 5,352 new COVID-19 infections and 70 deaths, while a nationwide total of nine cases of the Omicron variant have been confirmed, the Korea Disease Control and Prevention Agency (KDCA) said on Saturday, Trend reports c…