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EU "Extends merger review between Korean Air and Asiana"
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] The merger decision between Korean Air and Asiana Airlines has been delayed. The move come ...

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Fair Trade Commission launches on-site investigation of E-Mart24
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] The Fair Trade Commission is said to have launched an on-site investigation into E-Mart 24 ...

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KG Mobility Acquires Edison Motors
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] KG Mobility (formerly Ssangyong Motor) has virtually been confirmed as the final buyer of ...

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Supreme Court destroys and remands three cases of damages against the Hyundai Motor union... Reaffirmation of "Excluding damages from illegal strikes if there is no decrease in sales"
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] The Supreme Court reaffirmed the law that even if production decreased due to illegal disp ...

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Passed by the Legislation and Judiciary Committee of the Stock Price Manipulation Punishment Act... Penalty up to twice as high
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] A revision to the Capital Markets Act, which can impose fines of up to twice the unfair pr ...

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SKT invests 130 billion won in JOBY, a partner of UAM
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] SK Telecom announced on the 29th that it has invested 100 million dollars (about 130 billi ...

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Samsung SDI “Production of all-solid-state battery prototype within the year”
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung SDI will introduce an all-solid-state battery prototype called 'dream battery' in ...

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Foreign investors sold 175 billion won worth of Kakao shares
Reporter Paul Lee 2023.06.30
[Alpha Biz=(Chicago) Reporter Paul Lee] While foreign investors are selling large-cap stocks in the local stock market day after d ...

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Samsung Display sold a 4.3% stake in SFA
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Display sold a 4.3% stake in SFA, a general equipment company.According to the Fi ...

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KB Securities monopolizes both corporate bonds and shares
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] KB Securities, a traditional powerhouse in the corporate bond issuance market, is also le ...

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Hanwha Ocean offers a basic salary increase of 88,000 won ... half of the union demand
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] While Hanwha Ocean's labor and management are negotiating wages and collective agreements ...

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The Ministry of Health and Welfare is considering disciplinary action against Mirae Asset Venture, which gave up K-Bio Fund
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Ministry of Health and Welfare has begun disciplinary procedures for Mirae Asset Vent ...

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Com2uS shares have fallen 9% ... Group shares have plummeted since the release of Zenonia
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Shares of Com2uS and Com2uS Holdings have plummeted since the release of their new produc ...

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Naver will unveil its super-large AI 'HyperCLOVA X' on August 24.
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Naver will unveil its super-massive AI (artificial intelligence) 'HyperCLOVA X' on August ...

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Samsung Bioepis and Celltrion are also targeting 'Humira' biosimilar market in earnest
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Bioepis and Celltrion are planning to enter the biosimilar market for "Humira (co ...

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Hanmi Semiconductor unveils its first wafer cutting equipment in China
Reporter Kim Jisun 2023.06.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Semiconductor equipment company Hanmi Semiconductor unveiled its SAW equipment "Full Auto ...

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Hyundai Autoever will invest 1.1 trillion won over 5 years to advance its vehicle software (SW)-centered business.
Reporter Paul Lee 2023.06.29
[Alpha Biz=(Chicago) Reporter Paul Lee] Hyundai Autoever will invest 1.1 trillion won over five years to upgrade its vehicle softw ...

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Shin Dong-ju's return to Lotte was rejected again at the shareholders' meeting
Reporter Paul Lee 2023.06.29
[Alpha Biz=(Chicago) Reporter Paul Lee] Shin Dong-joo, chairman of SDJ Corporation, the eldest son of Lotte founder Shin Kyuk-ho a ...

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Doosan Enerbility has signed a contract to supply large gas turbines worth 280 billion won
Reporter Paul Lee 2023.06.29
[Alpha Biz=(Chicago) Reporter Paul Lee] Construction of a Korean-style standard gas complex power plant developed with pure domest ...

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Samsung Electronics lost a patent dispute with Caltech
Reporter Paul Lee 2023.06.29
[Alpha Biz=(Chicago) Reporter Paul Lee] Samsung Electronics lost a patent invalidation trial with the California Institute of Tech ...