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Cho Hyun-sang, Vice Chairman of Hyosung Group, met with Prime Minister Hun Sen of Cambodia to discuss cooperation plans.
Reporter Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] On the 19th, according to Hyosung Group, Vice Chairman Cho Hyun-sang met with Prime Minister Hun S ...

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CJ Logistics is building a cold chain logistics center in the United States.
Reporter Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] CJ Logistics is accelerating its expansion into the North American cold chain logistics market by ...

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Starting with Jeju Air, low-cost carriers have been steadily increasing their baggage fees.
Reporter Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] According to industry sources on the 20th, domestic low-cost carriers (LCCs) are gradually increas ...

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LG Electronics-Meta has decided to halt its XR device project, which was planned for release next year, and postpone it until 2027
Reporter Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] According to industry sources, LG Electronics, considered a global "big tech," has postponed the r ...

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The Fair Trade Commission sanctions six paint companies for false or exaggerated advertising claims such as "preventing carcinogenic radon".
Reporter Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] Six paint companies have been caught by the Fair Trade Commission for falsely or exaggeratedly adv ...

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The Fair Trade Commission has launched an investigation into allegations that Coupang used 'dark patterns' to persuade consumers to agree to a 58% increase in membership prices.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] According to industry sources on the 17th, the Fair Trade Commission has obtained data related ...

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LG Energy Solution supplies energy storage system (ESS) batteries to Hanwha Solutions' Q CELLS division.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] According to industry sources on the 17th, LG Energy Solution has recently signed a contract to ...

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Former Taekwang Chairman Lee Ho-jin's arrest warrant for embezzlement and breach of trust has been rejected.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] Former Taekwang Group Chairman Lee Ho-jin, who is under investigation by the police for alleged ...

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Banking sector's net profit for the first quarter amounted to 5.3 trillion won, marking a 24% decrease.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] According to the Financial Supervisory Service's report on 'Operating Performance of Domestic B ...

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LG Electronics plans to invest 4.3 trillion won in equipment alone this year, focusing on its automotive business.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] LG Electronics plans to invest over 4 trillion won in equipment this year, with a significant port ...

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Lotte Card reported a net profit of 24.9 billion won for the first quarter, marking a 54.3% decrease compared to the previous year.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Lotte Card disclosed that its net profit for the first quarter of this year amounted t ...

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SK Innovation is considering the partial sale of its stake in SK IE Technology (SKIET) among other options.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] SK Innovation stated through a disclosure that they are considering various options regarding the a ...

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Lock & Lock, closing down its business in China
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] Lock & Lock, a domestic manufacturer of airtight containers, is reducing its workforce at domes ...

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Eugene Investment & Securities reported an operating profit of 17.6 billion won for the first quarter, marking a 50% decrease compared to the previous year.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Eugene Investment & Securities announced its consolidated performance for the firs ...

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Hyosung TNC has decided on a capital increase of 958 billion won, aiming to expand its facilities in China.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Hyosung TNC announced its decision to conduct a rights offering capital increase of 95 ...

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HD Korea Shipbuilding & Offshore Engineering has divested a 3% stake in HD Hyundai Heavy Industries through a block deal, totaling 3.741 trillion won.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, HD Korea Shipbuilding & Offshore Engineering announced that it will divest a 3% st ...

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HL Mando develops 'autonomous parking robot service' with Kakao Mobility
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] HL Mando joined hands with Kakao Mobility and KM Parking & Space to commercialize autonomous pa ...

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The third-generation member of NamYang Dairy Products has also resigned, leading to the departure of the entire owner family.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] NamYang Dairy Products announced on the 16th that Hong Jin-seok and Hong Beom-seok, both executives ...

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Emart 24 reported an operating loss of 131 billion won in the first quarter, marking a significant increase in losses compared to other subsidiaries of Emart.
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] According to Emart, convenience store Emart 24 was the only Emart subsidiary to increase its loss ...

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Kolon Industries' operating profit in the first quarter is 24.3 billion won, a decrease of 47.6% compared to the previous year.
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] Kolon announced that it recorded a consolidated operating profit of 24.3 billion won in the first ...