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Hyundai Motor Company reported sales of 351,516 vehicles in June, marking a decrease of 6.3% compared to the same period last year.
Reporter Kim Jisun 2024.07.02
[Alpha Biz= Reporter Kim Jisun] In June, Hyundai Motor's total sales reached 351,516 units, consisting of 59,804 units sold domestically and 291,712 units sold internationally. Thi ...

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Samsung Electronics' labor union will go on a general strike starting on the 8th, marking the first such event since the company's founding.
Kim Minyoung 2024.07.01
[Alpha Biz= Reporter Kim Minyoung] The largest labor union at Samsung Electronics, the National Samsung Electronics Union, will co ...

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Starting in July, a pre-disclosure system for insider stock trading will be implemented.
Kim Minyoung 2024.07.01
[Alpha Biz= Reporter Kim Minyoung] Starting in July, insiders such as company owners or executives of listed companies will be req ...

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South Korea and Georgia have agreed to establish new passenger and cargo transportation rights, allowing for seven weekly flights.
Kim Minyoung 2024.07.01
[Alpha Biz= Reporter Kim Minyoung] The Ministry of Land, Infrastructure, and Transport announced on the 30th that South Korea and ...

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Twenty subcontractors of Daewoo E&C have been fined over 1.2 billion KRW for colluding in bids.
Kim Minyoung 2024.07.01
[Alpha Biz= Reporter Kim Minyoung] Twenty subcontractors of Daewoo E&C have been fined over 1.2 billion KRW for engaging in fr ...

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Woori Financial Group did not participate in the main bidding for Lotte Insurance on the 28th.
Reporter Kim SangJin 2024.07.01
[Alpha Biz= Reporter Kim Sangjin] Woori Financial Group did not participate in the main bidding for Lotte Insurance on the 28th.Wo ...

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The EU is conducting an antitrust investigation into Google and Samsung's collaboration on 'Galaxy AI,' following similar probes into Microsoft.
Reporter Kim SangJin 2024.07.01
[Alpha Biz= Reporter Kim Sangjin] According to Reuters, on the 28th (local time), Margrethe Vestager, the EU's Competition Commiss ...

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SK to secure 80 trillion KRW by 2026 for AI and semiconductor investments.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] SK Group has announced plans to secure 80 trillion KRW by 2026 to invest in future growth sectors, ...

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LG Energy Solution has halted the construction of its Energy Storage System (ESS) battery factory in the United States.
Reporter Kim SangJin 2024.07.01
[Alpha Biz= Reporter Kim Sangjin] LG Energy Solution has temporarily halted the construction of its Energy Storage System (ESS) ba ...

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EcoPro BM secures 1.2 trillion KRW to build a cathode material plant in Hungary.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] EcoPro BM announced on the 30th that it has secured over 1 trillion KRW through an Export Credit A ...

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Lotte Chemical has entered emergency management mode.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] Lotte Chemical has entered emergency management mode. According to industry sources on the 30th, t ...

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This year alone, deposits in Japanese yen at the five major banks have increased by 14 trillion yen.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] According to banking sources on the 30th, deposits in Japanese yen at the five major banks, includ ...

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Fifteen savings banks have had their credit ratings and outlook downgraded.
Kim Minyoung 2024.07.01
[Alpha Biz= Reporter Kim Minyoung] In the second quarter (April to June), half of the 30 savings banks evaluated by the three majo ...

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JB Financial Group has been fined 1.9 billion won for failing to submit business reports.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] JB Financial Group has been fined approximately 200 million won by the Financial Supervisory Servi ...

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Naver and Kakao's new hiring numbers have plummeted to less than half compared to the previous year.
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] Naver and Kakao's new hiring numbers have plummeted to less than half compared to the previous yea ...

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LS has clarified reports about the construction of a high-voltage cable factory in the UK
Reporter Kim SangJin 2024.07.01
[Alpha Biz= Reporter Kim Sangjin] LS clarified on June 28th regarding reports by Herald Economy and others about the construction ...

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Shinsegae Group recruited Jason Hwang from JP Morgan for financial responsibility
Reporter Kim Jisun 2024.07.01
[Alpha Biz= Reporter Kim Jisun] Shinsegae Group announced on the 28th that they have appointed Jason Hwang (54), a former executiv ...

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WYSIWYG Studios transitions from co-CEOs Cho Sung-wan and Park In-gyu to a sole CEO structure led by Cho Sung-wan.
Reporter Kim SangJin 2024.07.01
[Alpha Biz= Reporter Kim Sangjin] WYSIWYG Studios announced on the 28th that it is transitioning from co-CEOs Jo Sung-wan and Park ...

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KB Securities lowered its investment opinion on Hanwha Solution from Buy to Hold
Kim Minyoung 2024.06.28
[Alpha Biz= Reporter Kim Minyoung] On the 28th, KB Securities downgraded its investment rating for Hanwha Solutions from "Buy" to ...

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Kiwoom Securities maintained a 'Buy' rating for Orion, with a target price of 142,000 won.
Kim Minyoung 2024.06.28
[Alpha Biz= Reporter Kim Minyoung] On the 28th, Kiwoom Securities evaluated Orion, stating that the sales growth rate and profit s ...

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