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Daesang begins full-scale production of allulose, a natural sweetener that replaces sugar
Reporter Paul Lee 2023.07.25
[Alpha Biz=(Chicago) Reporter Paul Lee] Daesang succeeded in developing a high-efficiency production technology for allulose, a na ...

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Land, Infrastructure and Transport Minister Won Hee-ryong met with Saudi Arabia's Neom Company CEO again.
Reporter Paul Lee 2023.07.25
[Alpha Biz=(Chicago) Reporter Paul Lee] Won Hee-ryong, Minister of Land, Infrastructure and Transport, met with CEO (Chief Executi ...

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The Korea Consumer Agency has started an investigation into the LG Electronics washing machine explosion.
Reporter Paul Lee 2023.07.25
[Alpha Biz=(Chicago) Reporter Paul Lee] The Korea Consumer Agency has recently started to figure out whether the product process i ...

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Geumyang, the stock price soared 17% despite the designation of investment warning items ... the highest ever
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Geumyang also surged in the designation of investment warning items, hitting a new all-ti ...

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T'way Airlines' second-quarter operating profit of 19.6 billion won was "the first surplus in the second quarter since its foundation."
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] T'way Airlines announced on the 24th that its sales and operating profit were tentatively ...

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FSS Launches Meritz Securities Investigation ... Investigates the reason for investing 40 billion won in Ewha Group
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Financial Supervisory Service has launched an investigation into Meritz Securities (M ...

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POSCO Future M to produce 150,000 tons of LFP cathode materials by 2030
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Future M will further expand its cathode material business by producing lithium iro ...

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KT Submarine, acquired by LS Group, turned into a surplus
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] KT Submarine, acquired by LS Group, saw its stock price soar due to its record-high opera ...

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Samsung SDI Builds Second Plant in America with Stellatis
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung SDI will build its second electric vehicle battery plant in the U.S. with U.S. au ...

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Bae Kyung-tae, vice chairman of Hanmi Science from Samsung Electronics, abruptly resigned after a year
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] It has been confirmed that Vice Chairman Bae Kyung-tae, who was from Samsung Electronics ...

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Coupang reported CJ Olive Young to the Fair Trade Commission for violating the distribution law.
Reporter Kim Jisun 2023.07.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Coupang reported CJ Olive Young to the Fair Trade Commission for violating the large-scal ...

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POSCO Holdings' market capitalization surpassed Hyundai Motors for the first time in 12 years
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Market capitalization of POSCO Holdings, the holding company of POSCO Group, surpassed Hyu ...

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The Financial Supervisory Service imposed sanctions on three Chinese banks for "violation of reporting."
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Three Chinese banks operating in Korea have been sanctioned by the Financial Supervisory S ...

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There are many new recruits in the airline industry, but Asiana has not hired new employees for three years.
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] The recent hiring of domestic airlines has been brisk. LCC (low-cost carrier) and other ai ...

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Lotte Healthcare withdraws from the nutritional dispenser business
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Lotte has decided to withdraw from the nutrient dispenser (quantitative dispenser) market, ...

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BC Card Establishs 'Second BC Card' Joint Venture in Kyrgyzstan
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] BC Card will establish a joint venture specializing in card payment processing in Kyrgyzst ...

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Kakao Pay advances into Italy...Payment discount in Milan
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Kakao Pay payment will also be possible in Duomo, Milan, Italy. Italian tourists who visit ...

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It is estimated that 201 listed companies' second-quarter performance will decline by 40% compared to the previous year.
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] The operating profit of 201 major listed companies in the second quarter of this year is e ...

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Cosmax handles losses of hundreds of billions of won in debts of affiliates owned by Chairman Lee Kyung-soo
Reporter Paul Lee 2023.07.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Cosmax lost hundreds of billions of won of the amount it lent to its affiliates and others ...

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Smilegate Kwon Hyeok-bin starts a divorce lawsuit with his wife Lee Mo... End of the family investigation process
Reporter Kim Jisun 2023.07.24
[Alpha Biz=(Chicago) Reporter Kim Jisun] Smilegate Chairman Kwon Hyuk-bin will launch a lawsuit on the merits of divorce with his ...

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