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Hyundai Motor union declares negotiations on this year's wage agreement collapsed, stating that the management's proposal fell short of union expectations.
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] On the 13th, Hyundai Motor's labor union declared the collapse of this year's wage negotiations ...

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SKT Invests $10 Million in Leading US AI Search Engine 'Perplexity'
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] SK Telecom announced on the 13th that it has invested $10 million in the U.S.-based generative AI ...

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Krafton has announced that it will provide compensation regarding the controversy over item probabilities in Battlegrounds items released in collaboration with NewJeans
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] On the 13th, according to reports from the gaming industry, Krafton faced controversy after intr ...

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Line Yahoo is discontinuing Line Pay services in Japan.
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] Line Yahoo will terminate its Line Pay service in Japan while maintaining services in Taiwan and T ...

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GS Caltex to Supply Eco-friendly Cosmetic Ingredients to Summit Cosmetics in Japan
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] GS Caltex is expanding its eco-friendly cosmetic ingredient business by partnering with Summit Cos ...

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Samsung Electronics Chairman Lee Jae-yong held a one-on-one meeting with Meta CEO Mark Zuckerberg.
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] On the 11th (local time), Samsung Electronics Chairman Lee Jae-yong had a one-on-one meeting with ...

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Kakao Pay hit an all-time low
Kim Minyoung 2024.06.14
[Alpha Biz= Reporter Kim Minyoung] Kakao Pay has hit a record low again since its listing.As of 2:30 p.m. on the 13th, Kakao Pay i ...

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The National Pension Service Opposes Appointment of Lim Jong-yoon as Director of Hanmi Pharmaceutical
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] The National Pension Service (NPS) has expressed its opposition to the appointment of Lim Jong-yoo ...

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A T'way Air passenger flight from Bangkok was delayed for over 14 hours due to "safety inspection issues."
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] A T'way Air passenger flight from Bangkok to Cheongju has been delayed for over 14 hours due to sa ...

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Korean Credit Rating downgraded Taeyoung Construction's unsecured bonds 'Taeyoung Construction 68' from CCC to CC
Kim Minyoung 2024.06.14
[Alpha Biz= Reporter Kim Minyoung] On June 13th, Korea Credit Rating downgraded Taeyoung Construction's unsecured bonds 'Taeyoung ...

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Foreign investors poured 1.3 trillion won into the top two semiconductor companies.
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] On July 13th, the KOSPI index surged, driven by leading stocks in semiconductors, automobiles, a ...

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Medytox, currently engaged in a legal battle with the Ministry of Food and Drug Safety, has achieved a partial victory in the second round of administrative litigation.
Reporter Kim Jisun 2024.06.14
[Alpha Biz= Reporter Kim Jisun] Medytox, which is engaged in a legal battle with the Ministry of Food and Drug Safety over the can ...

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Samsung Heavy Industries has received a notice of termination of a ship equipment supply contract from a Russian shipowner.
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] Samsung Heavy Industries received a notification of contract termination from a Russian shipowne ...

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Lee Bok-hyun, the head of the Financial Supervisory Service, will hold an official meeting with bank executives on the 18th.
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] Lee Bok-hyun, the head of the Financial Supervisory Service, will hold an official meeting with ...

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Nongshim plans to invest 229 billion KRW to build a new logistics center in Ulsan by 2027.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Nongshim has announced plans to build a new logistics center in Ulsan in response to the expansion ...

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The FSS plans to impose strict sanctions on Woori Bank if the allegations are proven through on-site inspections.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] Woori Bank is once again at the center of controversy due to embezzlement amounting to hundreds ...

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Hyundai Transys is set to supply integrated Electric Drive Systems (EDS) worth 3 trillion KRW to Saudi Arabian electric vehicle (EV) manufacturer Ceer.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Hyundai Transys has announced a significant deal to supply integrated Electric Drive Systems (EDS) ...

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Securities firms' net profit for the first quarter was 2.5 trillion won
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] Securities firms recorded a combined net profit of 2.5 trillion won in the first quarter, thanks ...

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Internal control evaluations at Samsung, Hanwha, and Hyundai Motor are becoming more stringent.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] The Financial Services Commission has strengthened the internal control evaluation weight for co ...

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SK Telecom (SKT) is merging its AI semiconductor business, Sapeon, with Rebellions to establish a leading AI semiconductor company in South Korea.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] On June 12, SK Telecom (SKT) and AI semiconductor startup Rebellions announced their plan to merge ...

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