COMPANY

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The merger of the three Celltrion listed companies is underway
Reporter Kim Jisun 2023.08.18
[Alpha Biz=(Chicago) Reporter Kim Jisun] Celltrion Group has begun the process of merging the three listed companies, which was it ...

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Due to KEPCO's insolvency, the power generation company suffered a deficit of nearly 1.2 trillion won in the first half
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] While Korea Electric Power Corp. has been in the red for nine consecutive quarters, its pow ...

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Coupang surpassed Shinsegae and E-Mart in distribution sales for the first time ever
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] Coupang posted higher sales in the second quarter of this year than the total of nine distr ...

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Most convenience stores were found to have violated compliance with safety-related drug sales.
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] Most convenience stores that sell safety-related medicines violated sales compliance, the s ...

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Samsung Electronics has won orders for 4-nano next-generation AI chips
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] Samsung Electronics is going to produce the next-generation AI chip of Groq, a startup in a ...

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The government has come up with a 23 trillion won financial support plan for exporters
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] The government has come up with a total of 23 trillion won in financial support to strength ...

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Coupang-LG Household & Health Care's High Court's administrative litigation ruling is scheduled for later this month.
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] The High Court's ruling on the conflict between Coupang and LG Household & Health Care, ...

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The Financial Supervisory Service and the National Police Agency will conduct a joint investigation into illegal reading rooms
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] An all-out investigation into securities crimes, including stock price manipulation and ill ...

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Samsung is building a new R&D organization in Silicon Valley, USA
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Electronics has established an R&D organization in Silicon Valley in the U.S. ...

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Air freight rates, down 40% for the fourth straight month
Reporter Paul Lee 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] Global air fares continued to fall by 40% for the fourth consecutive month.It is expected t ...

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In the third quarter of this year, Samsung C&T plans to exceed $100 million (cumulative) in profits from the sale of its solar power business in the US market.
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] The solar power generation business of Samsung C&T's commercial division is rapidly g ...

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Mirae Asset acquires Australia's No. 1 RoboAdvisor operator
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] Mirae Asset Asset Management has acquired Stockspot, an Australian RoboAdvisor specialist ...

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DBInc.: The merger and acquisition of DB metal
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] DBInc., an IT affiliate of DB Group, will merge with DB Metal to start anew as a complex ...

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SK On invests 1.5 trillion won in expanding its Seosan plant
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] SK On, a secondary battery company, will invest 1.5 trillion won to expand its Seosan pla ...

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Hugel 'HA filler' accelerates supply expansion in the European market
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hugel, a medical aesthetic company, announced on the 16th that HA filler is accelerating ...

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Hyundai Motors signed a contract to acquire General Motors (GM)' plant in India
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Motor has signed a main contract to acquire the Indian plant of General Motors (G ...

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Moody's reaffirmed SK Innovation's corporate credit rating as 'Baa3'
Reporter Kim Jisun 2023.08.17
[Apha Biz=(Chicago) Reporter Paul Lee] Moody's, an international credit rating agency, reaffirmed SK Innovation's corporate credit ...

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BNK Kyongnam Bank employee indicted for stealing 56.2 billion won
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] The prosecution first charged the 50-year-old head of the investment and finance departme ...

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Legal dispute between POSCO Group and Doosan Group over additional construction costs caused by the introduction of the 52-hour work week system
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Group and Doosan Group have entered into a legal dispute. This is due to the additi ...

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A worker in his 30s died at Seah Steel's Gunsan plant
Reporter Kim Jisun 2023.08.17
[Alpha Biz=(Chicago) Reporter Kim Jisun] An explosion occurred in the Seah Steel River located in Osikdo-dong, Gunsan-si, Jeollabu ...