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SK Incross, '20 Years of Business' Sohn Yoon-jung as the new CEO
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Incross has named Son Yoon-jung as its new CEO. Sohn Yoon-jung, the nominee for CEO, is a ...

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KT to spend 7 trillion won on AI for 5 years... Business sales goal of KRW 1.3 trillion
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] KT has set a goal of generating more than 1 trillion won in sales in the artificial intel ...

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Com2uS, which successfully invested in SM, will conduct a special quarterly dividend worth 14.9 billion won
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Com2uS will conduct a special quarterly dividend worth about 14.9 billion won. It is part ...

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Hyundai E&C is close to winning an order worth $5 billion from Saudi Arabia
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] The government will send a "One Team Korea" support group to help companies win large-sca ...

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The FTC launched an investigation into Mirae Asset's collusion following five securities firms the previous day
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Fair Trade Commission, which is investigating securities firms' alleged collusion in ...

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The news of CGV's large-scale paid-in capital increase has weakened the stock prices of CJ Group's affiliates.
Reporter Kim Jisun 2023.06.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Shares of CJ Group affiliates plunged en masse on news that CJ CGV will carry out a paid- ...

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About 270,000 units of five models, including Hyundai Motor's G80, have been recalled for seatbelt defects
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] About 270,000 units of five models, including Hyundai Motor's G80 GV80, will be corrected ...

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Hanwha Aerospace signed an UAM component development MOA with VA in the UK
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Hanwha Aerospace made an announcement on the 20th that it has signed a memorandum of under ...

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Lotte Biologics builds 360,000 liters antibody drug production facility by 2030
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Lotte BioLogics said on the 20th that it has signed a four-way MOU (business agreement) wi ...

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SD Biosensor M&A partner, Meridian acquisition procurement delayed 'again'
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] It has been confirmed that investment by SJL Partners, a partner of SD Biosensor's "2 tril ...

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Naver sent a proof of content to SKT asking them to “refrain from taking out AI personnel.”
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Naver Cloud sent SK Telecom a certificate of contents saying, "Please refrain from taking ...

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Hyundai Motor introduces the second-generation electric vehicle platform two years from now ... Nine types will be released by 2030
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Hyundai Motor Co. on the 20th announced its electricization strategy "Hyundai Motorway" to ...

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Korea Development Bank Chairman Kang Seok-hoon said, "HMM will be able to sign a SPA as early as the end of this year."
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Kang Seok-hoon, chairman of the Korea Development Bank, said on the 20th, "As there are ma ...

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POSCO Group Chairman Choi Jung-woo and Ford CEO will meet again in eight months
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] POSCO Group (POSCO Holdings) Chairman Choi Jung-woo is known to meet with Jim Farley, CEO ...

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The Fair Trade Commission has launched an on-site investigation into allegations, including collusion in commission fees for securities firms
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Paul Lee] The Fair Trade Commission has launched an on-site investigation into allegations, includin ...

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Doosan Enerbility sells 5 million Doosan Bobcat shares in a block deal
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Doosan Enerbility will sell part of Doosan Bobcat's stake to finance the investment.Doosa ...

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Financial Supervisory Service imposes numerous sanctions on securities companies for violating fund risk ratings
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Financial supervisory authorities are expected to sanction securities firms that sold the ...

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Korea Electric Power Corporation (KEPCO) expected to announce '3Q Electricity Rate Freeze' on the 21st
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Electricity bills, which have been raised twice this year, are expected to freeze in the ...

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Kyobo Life Insurance officially entered the non-life insurance industry ... The speed of conversion to a holding company
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Kyobo Life Insurance has made it official to enter the non-life insurance business.Accord ...

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CJ invests 60 billion won in CGV 5700 billion paid-in capital increase
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] CJ will invest 60 billion won in CJ CGV's shareholder allocation capital increase, which ...

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