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Hana and Woori Bank counted 628 people as voluntary retirements this year
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Hana Bank and Woori Bank's voluntary retirement this year was counted at 628, down from la ...

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Starting today, the taxi fare will rise. 'Basic fare is 3800→4800 won'
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] The basic fare for medium-sized taxis in Seoul rose 1,000 won (26 percent) from 3,800 won ...

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Hyundai Mobis, overseas orders doubled
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Hyundai Mobis' sales from global automakers exceeded 5 trillion won last year. Analysts sa ...

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POSCO International invests 1 trillion won in expanding LNG Terminal
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] POSCO International, POSCO Group's general trading company, will invest 1 trillion won to ...

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Hyosung's operating profit plunged 90% last year... Major affiliates' performance was also sluggish
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyosung Group's holding company Hyosung's operating profit plunged 90% last year. Major a ...

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LG Chem "Tesla order reduction is groundless"
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] LG Chem actively explained Tesla's recent order cut (order reduction) in the market at th ...

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Hyundai Steel's operating profit decreased by 33.9% due to deteriorating steel market conditions and strikes
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Steel announced on January 31 that its consolidated operating profit fell 33.9% y ...

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Korea Gas Corporation cuts 102 employees... 2.4% of the total
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Korea Gas Corporation will reduce the capacity by about 100 people in accordance with ...

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Pharmaceutical exports up to 413 billion won worth of idiopathic pulmonary fibrosis treatment to Greater China
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Daewoong Pharmaceutical announced on the 31st that it has signed a contract with CS Pharm ...

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Cube Entertainment has signed a business agreement with Bifrost, a multi-chain middleware platform
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Cube Entertainment announced on the 31st that it has recently signed a new partnership wit ...

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Hybe invests 45 billion to acquire 'Supertone', an AI audio company
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Hybe will acquire Supertone, an artificial intelligence audio company, and materialize mid ...

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Hankook Technology has decided to withdraw its merger with Daewoo Shipbuilding & Marine Engineering Construction
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Hankook Technology announced on the 30th that it has decided to withdraw its merger with D ...

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Small and medium-sized securities firms such as Hanwha, SK, and Daol Securities saw their operating profit plunge last year
Reporter Paul Lee 2023.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] The operating profit of small and medium-sized securities firms plunged last year due to t ...

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GS E&C's operating profit fell by 14% despite the largest new orders
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] GS Engineering & Construction won the largest-ever new order last year, but it was fo ...

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SNT Heavy Industries supplies KRW 270 billion worth of automatic transmissions to tanks in Turkey
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] SNT Heavy Industries announced on the 30th that it has signed a contract to export a 1,50 ...

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Eastar Jet acquired private equity fund operator VIG for 110 billion won
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Eastar Jet was acquired by VIG Partners, a private equity fund operator.VIG Partners anno ...

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At Samsung Electronics, the fifth labor union was formed centering on the personnel in the device experience (DX) sector.
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] The fifth labor union was formed around personnel in Samsung Electronics' device experien ...

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Volkswagen Korea stopped shipping all models in Korea from the 27th.
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Volkswagen Korea has stopped shipping all models in Korea since the 27th. It is the first ...

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POSCO Chemical supplies 40 trillion worth of cathode materials to Samsung SDI
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Chemical will supply cathode materials worth 40 trillion won to Samsung SDI for 10 ...

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[Exclusive] SKT T universe, Tdeal will be integrated to strengthen AI target marketing
Reporter Kim Jisun 2023.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] It has been confirmed that SK Telecom has started to integrate services to strengthen mar ...