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Baemin is set to increase its brokerage fee to 9.8% starting in August.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] Baedal Minjok (Baemin) will increase its delivery brokerage fee rate to 9.8% from next month, a 3 ...

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Hyundai Motor Securities has lowered its target price for Kakao Games from 30,000 KRW to 24,000 KRW.
Kim Minyoung 2024.07.10
[Alpha Biz= Reporter Kim Minyoung] On the 10th, Hyundai Motor Securities maintained its "buy" investment rating for Kakao Games bu ...

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Hanwha Aerospace has secured a contract to export K9 self-propelled howitzers to Romania worth approximately 1 trillion KRW.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hanwha Aerospace announced on the 10th that it has signed a contract to supply 54 K9 self-propel ...

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Hanwha Q CELLS has rebutted claims by stating that their solar panel products sold in the United States do not contain polysilicon produced in Xinjiang, China.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hanwha Q CELLS has responded to allegations reported by Bloomberg on the 9th that despite suspic ...

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Kim Bum-soo, founder of Kakao, has been summoned for questioning for the first time regarding allegations of stock price manipulation involving SM Entertainment.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] The Financial Investigation Division 2 of the Seoul Southern District Prosecutors' Office (led b ...

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The Financial Supervisory Service (FSS) plans to conduct regular inspections on KB Financial Group and Kookmin Bank next month.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] The financial supervisory authority is set to begin regular inspections on KB Financial Group an ...

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Hyundai Mobis management and labor have reached a tentative agreement on this year's wage and collective bargaining negotiations.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hyundai Mobis management and labor have reached a tentative agreement on this year's wage and co ...

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Hanwha Systems has secured a deal to export radar systems worth 1.2 trillion won to Saudi Arabia.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hanwha Systems announced on the 9th that it will supply the Multi-Function Radar (MFR) for the M ...

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The Italian luxury jewelry brand Bulgari withdrew from Lotte Department Store in Daegu.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Last month, the Italian luxury jewelry brand Bulgari withdrew from Lotte Department Store in Dae ...

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Shinsegae Group is restructuring its executive compensation system by reducing the base salary portion and increasing the performance-based pay.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] Shinsegae Group is restructuring its executive compensation system by reducing the base salary por ...

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JKL Partners sells Lotte Insurance
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] JKL Partners, a private equity fund, has initiated continuous efforts to sell its stake in Lotte I ...

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Coupang, which raised prices for its 'Wow Membership', is voluntarily making corrections during an investigation by the Fair Trade Commission (FTC).
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Coupang has introduced a new feature to confirm consumer consent regarding the upcoming monthly ...

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GS Entec is set to invest 300 billion KRW in offshore wind structure facilities.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] GS Entec, an energy equipment manufacturing subsidiary of the GS Group, will invest 300 billion KR ...

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SK Hynix has announced a collaboration with TSMC on next-generation HBM (High Bandwidth Memory) technology.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] SK Hynix is set to showcase its AI memory technology in Taiwan this September.On the 9th, industry ...

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The Asiana Airlines Pilots' Union has sent a letter to the European Union (EU) competition authorities opposing the merger with Korean Air.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] The Asiana Airlines Pilots' Union has sent a letter to the European Union (EU) competition authori ...

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Yanolja is moving forward with the acquisition of KakaoVX, the leading platform for golf course reservations.
Reporter Kim SangJin 2024.07.10
According to the Seoul Economic Daily on the 10th, Yanolja is currently negotiating with the selling party for the acquisition of ...

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LS Cable & System has decided to invest approximately 940 billion KRW (about 720 million USD) in the construction of a submarine cable manufacturing facility in the United States.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] On the 10th, LS Cable & System announced through a public disclosure that it has decided to ...

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A food poisoning bacteria was detected in chicken meat supplied and distributed by BBQ, posing a risk if consumed.
Reporter Kim Jisun 2024.07.09
[Alpha Biz= Reporter Kim Jisun] A large chicken franchise has recalled chicken meat distributed by BBQ due to the detection of Lis ...

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The Samsung Electronics union, gathering over 6,000 people at a general strike rally, declared, "We will definitely achieve production disruptions."
Reporter Kim SangJin 2024.07.09
[Alpha Biz= Reporter Kim Sangjin] On the 8th, amidst rainy conditions, the nationwide Samsung Electronics labor union's general st ...

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The Hyundai Mobis labor union will go on a general strike on the 10th.
Reporter Kim Jisun 2024.07.09
[Alpha Biz= Reporter Kim Jisun] According to the industry on the 8th, the Hyundai Mobis labor union will go on a general strike on ...