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The Bank of Korea renewed a currency swap agreement worth 5 trillion won with Malaysia.
Kim Minyoung 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] The Bank of Korea announced on the 13th that it has renewed its one-ringgit currency swap cont ...

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CJ ENM has partnered with the Japanese broadcasting company TBS to produce dramas and movies.
Paul Lee 2024.05.13
[Alpha Biz= Reporter Paul Lee] CJ ENM has announced a collaboration with the Japanese broadcasting company TBS Group to co-produce ...

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Gyeonggi Province Governor and Democratic Party of Korea representative Lee Jae-myung strongly criticized the government for not taking decisive action against Japan's "Line intrusion.
Kim Jisun 2024.05.13
[Alpha Biz= Reporter Kim Jisun] Lee Jae-myung, the representative of the Democratic Party of Korea, strongly criticized the govern ...

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AI All-In" by Son Jeong-ui... Plans to Launch In-House Semiconductor Next Year
Kim Minyoung 2024.05.13
[Alpha Biz= Reporter Kim Minyoung] Son Jeong-ui, chairman of SoftBank Group, who has fully embraced the AI revolution, is now vent ...

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Korea Institute of Finance: This year's economic growth rate forecast adjusted upwards from 2.1% to 2.5%.
Paul Lee 2024.05.12
[Alpha Biz= Reporter Paul Lee] The Korea Institute of Finance raised its economic growth forecast for Korea to 2.5% this year. It ...

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Moody's has maintained South Korea's credit rating at 'Aa2, stable,' while predicting a growth rate of 2.5%.
Paul Lee 2024.05.10
[Alpha Biz= Reporter Paul Lee] On the 9th, international credit rating agency Moody's announced that it would maintain South Korea ...

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In the first quarter alone, share buybacks by publicly traded companies in the United States amounted to around 200 trillion won.
Kim Minyoung 2024.05.10
[Alpha Biz= Reporter Kim Minyoung] S&P 500 index constituent companies conducted a total of $181.2 billion in share buybacks d ...

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The South Korean government plans to provide 9.7 trillion won in policy financing this year to support the self-reliance of the domestic battery and automotive industries' supply chains.
Kim Minyoung 2024.05.09
[Alpha Biz= Reporter Kim Minyoung] The South Korean government plans to support the self-reliance of the domestic battery and auto ...

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In March, there was a sharp decline in consumer credit card usage in the United States.
Paul Lee 2024.05.09
[Alpha Biz= Reporter Paul Lee] According to MarketWatch on the 7th (local time), the Federal Reserve, the Fed, reported that consu ...

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Indonesia, Korea's partner in the joint development of the 'KF-21', has proposed to the South Korean government that they will only contribute one-third of the originally agreed development costs.
Kim Minyoung 2024.05.07
[Alpha Biz= Reporter Kim Minyoung] Indonesia, currently in joint development with South Korea on the 'KF-21' fighter aircraft, has ...

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Government's online civil service Government 24 launched an investigation by the Personal Information Protection Commission on the issuance of more than 1,200 errors
Paul Lee 2024.05.07
[Alpha Biz= Reporter Paul Lee] Recent errors in the government's online complaint service, Government 24, have prompted the Person ...

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Paramount has initiated formal acquisition negotiations with Sony Pictures Entertainment.
Paul Lee 2024.05.07
[Alpha Biz= Reporter Paul Lee] Last Friday, the exclusive negotiation period between Skydance and Paramount expired, leading Param ...

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MZ generation considers Samsung Electronics, SK Telecom, and Naver as the leading AI companies in Korea.
Kim Minyoung 2024.05.07
[Alpha Biz= Reporter Kim Minyoung] It has been revealed that the MZ generation considers Samsung Electronics, SK Telecom, and Nave ...

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The 'Advertising Queen' Lee Hyori has been selected as a model for LG Electronics.
Kim Minyoung 2024.05.07
[Alpha Biz= Reporter Kim Minyoung] Lee Hyori has recently been chosen as a model for LG Electronics, becoming the face of the Dio ...

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The OECD has significantly upgraded its growth forecast for South Korea, raising it from 2.2% to 2.6%.
Kim Minyoung 2024.05.03
[Alpha Biz= Reporter Kim Minyoung] The Organization for Economic Co-operation and Development (OECD) has made a significant upward ...

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The special trademark police of the Korean Intellectual Property Office seized over 9,000 counterfeit goods imitating BTS and NU'EST merchandise in Myeongdong
Paul Lee 2024.05.03
[Alpha Biz= Reporter Paul Lee] The special trademark police of the Korean Intellectual Property Office (KIPO) launched a concentra ...

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NICE Credit Rating Agency has downgraded its credit outlook for Daol Investment & Securities to 'negative.'
Kim Minyoung 2024.05.02
[Alpha Biz= Reporter Kim Minyoung] On the 30th, NICE Credit Ratings announced a change in Daol Investment & Securities' credit ...

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Daehan Theater closed after 66 years
Kim Minyoung 2024.05.02
[Alpha Biz= Reporter Kim Minyoung] Segye Corporation, which operates Daehan Theaters, announced through electronic disclosure on t ...

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Amazon's operating profit tripled on demand for AI clouds
Kim Minyoung 2024.05.02
[Alpha Biz= Reporter Kim Minyoung] U.S. Big Tech Amazon's operating profit more than tripled in the first quarter from a year earl ...

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Bitcoin and Ethereum spot ETF trading started in Hong Kong
Paul Lee 2024.05.02
[Alpha Biz= Reporter Paul Lee] Bitcoin and Ethereum spot ETF trading started in Hong KongForeign media including the Financial Tim ...