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Five individuals who created a fraudulent cryptocurrency website and embezzled 900 million won have been sentenced to prison.
Kim Jisun 2024.05.27
[Alpha Biz= Reporter Kim Jisun] Five individuals who created a fraudulent cryptocurrency website and swindled 900 million won from ...

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Lotte Chilsung has chosen the band 'AKMU' as the new advertising model for 'Chilsung Cider'.
Kim Minyoung 2024.05.27
[Alpha Biz= Reporter Kim Minyoung] Lotte Chilsung Beverage announced on the 24th that they have selected the band 'AKMU' as the ne ...

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Dongwon F&B announced that starting from the 1st of next month, the prices of all Yangban seaweed products will be increased by approximately 15%.
Kim Minyoung 2024.05.27
[Alpha Biz= Reporter Kim Minyoung] Dongwon F & B announced on the 24th that it will raise the price of all yangban seaweed pro ...

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Taiwan's TSMC achieves record-high market share in foundry services.
Kim Jisun 2024.05.27
[Alpha Biz= Reporter Kim Jisun] In the first quarter of this year (January to March), global revenue for semiconductor foundries d ...

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Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) reported that they spent 1.5 trillion won solely on interest expenses in the first quarter.
Kim Minyoung 2024.05.26
[Alpha Biz= Reporter Kim Minyoung] Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) incurred a significa ...

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Morgan Stanley "Bank of Korea interest rate cut from October"
Kim SangJin 2024.05.23
[Alpha Biz= Reporter Kim Sangjin] Morgan Stanley, a global investment bank, pointed to October this year as the time to cut its be ...

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The US government will increase some tariffs on China from August 1
Kim SangJin 2024.05.23
[Alpha Biz= Reporter Kim Sangjin] Reuters reported that the U.S. Trade Representative (USTR) announced on the 22nd that part of th ...

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KOGAS President: "Unpaid Receivables Reach 13.5 Trillion KRW... Urgent Need for Rate Increase"
Kim Jisun 2024.05.22
[Alpha Biz= Reporter Kim Jisun] Choi Yeon-hye, the president of Korea Gas Corporation (KOGAS), emphasized the urgent need to incre ...

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Tesla's stock surged by 6.7% on expectations of expanded demand for its electric truck, the "Semi."
Kim SangJin 2024.05.22
[Alpha Biz= Reporter Kim Sangjin] After announcing plans to expand production of its electric semi-truck, the "Semi," Tesla's stoc ...

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HYBE's stock price has ultimately fallen to the 180,000 won range amid conflicts with the CEO of its subsidiary.
Kim SangJin 2024.05.22
[Alpha Biz= Reporter Kim Sangjin] HYBE's stock price has ultimately declined to the 180,000 won range amid conflicts with the CEO ...

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BBQ Chicken has raised its prices, with chicken, including delivery fees, now costing 30,000 won.
Kim Jisun 2024.05.22
[Alpha Biz= Reporter Kim Jisun] Genesis BBQ, the franchise operating BBQ Chicken, announced on the 21st that it will increase pric ...

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Wall Street analysts have raised the target price for Nvidia
Kim Minyoung 2024.05.21
[Alpha Biz= Reporter Kim Minyoung] Wall Street analysts have consistently raised the target price for Nvidia, a leading artificial ...

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SoftBank of Japan is planning to issue corporate bonds worth 4.8 trillion won.
Kim SangJin 2024.05.21
[Alpha Biz= Reporter Kim Sangjin] SoftBank Group, led by Chairman Masayoshi Son, is planning to issue corporate bonds worth 550 bi ...

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GEPS is recruiting a domestic private equity fund (PEF) manager to invest 1.4 trillion won of funds.
Kim SangJin 2024.05.21
[Alpha Biz= Reporter Kim Sangjin] GEPS (Government Employees Pension Service) is seeking to recruit a domestic private equity fund ...

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Daniel Kang, CEO of the company, filed criminal charges against his major shareholder
Kim SangJin 2024.05.21
[Alpha Biz= Reporter Kim Sangjin] Singer Kang Daniel has taken criminal action against the major shareholder of his agency Konnect ...

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Lee Jung Jae receives 1.3 billion won per episode.
Paul Lee 2024.05.20
[Alpha Biz= Reporter Paul Lee] On the 17th, actor Lee Jung Jae appeared on the YouTube channel 'Now with Baek Ji Yeon' and reveale ...

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The deficit in travel spending has reached its highest level in five and a half years, with Koreans spending more abroad than foreigners visiting Korea.
Paul Lee 2024.05.20
[Alpha Biz= Reporter Paul Lee] In the first quarter of this year, the travel balance posted the largest deficit in five and a half ...

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K Ramen has achieved its first milestone of monthly exports surpassing $100 million, marking a twofold growth over the past four years.
Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] According to Korea Customs Service trade statistics on the 19th, the monthly export value of ramen ...

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Min Hee-jin met with Naver and Doo Namoo, requesting the acquisition of ADOR
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] Min Hee-jin, the representative of ADOR, has been confirmed to have contacted Naver and Doo Nam ...

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Over three million workers don't even get the minimum wage
Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] The number of workers receiving wages below the minimum wage increased by 250,000 compared to the ...