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HD Hyundai, replacing PCs during FTC investigation ... The court "cannot apply evidence destruction"
Reporter Kim Jisun 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] An employee of HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries), who is su ...

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Hyundai Rotem signed a contract with the Defense Acquisition Program Administration to mass-produce 707.3 billion won wheel-type armored vehicles
Reporter Paul Lee 2023.06.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Rotem announced on the 20th that it has signed a contract with the Defense Acquis ...

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DB HiTek: A lawsuit against KCGI over management dispute
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] DB HiTek's conflict with KCGI is escalating. KCGI is an activist fund led by Kang Sung-bo ...

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SK bioscience's COVID-19 vaccine is on the WHO emergency use list
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] SK Bioscience's COVID-19 vaccine 'SKYCovione' was listed on the World Health Organization ...

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Ministry of SMEs and Startups has put the brakes on the KG Mobility used car market ... recommended to temporarily suspend the start of the business
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] The Ministry of SMEs and Startups has once again put the brakes on automakers' entry into ...

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Krafton undergoes first tax audit after listing
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] The National Tax Service has launched a tax probe into game company Krafton, known for its ...

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Hanwha Solution withdraws from e-commerce business ... Liquidate 'NxEF' in a year and a half
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] Hanwha Solution withdraws from e-commerce business ... Liquidate 'NxEF' in a year and a ha ...

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Tesla announced that it received a correction order from the FTC ... The fine for 'exaggerating advertisement' is 2.7 billion won
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] Tesla announced on the 19th that it received a correction order from the Korea Fair Trade ...

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Kolon Industries to double production of aramid fiber for optical cables
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] Among Aramid yarns called "super fibers," demand for "para-system" products with high-stre ...

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Asiana's paid-in capital increase exceeds two years
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] The KRW 1.5 trillion paid-in capital increase for Korean Air's acquisition of Asiana Airli ...

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Netmarble, which urgently needs financial improvement, withdraws EB issuance due to poor overseas response
Reporter Paul Lee 2023.06.20
[Alpha Biz=(Chicago) Reporter Paul Lee] Netmarble tried to raise $700 million in funds by issuing exchange-traded bonds (EB) to fo ...

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Hancom Chairman Kim Sang-chul's investigation into the alleged manipulation of market prices has begun in earnest
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] A police investigation is in full swing into Hangeul and Computer Chairman Kim Sang-chul, ...

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A mid-sized pharmaceutical company, Handok, suffered a hacking accident in which personal information of doctors and pharmacists was leaked.
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] A mid-sized pharmaceutical company, Handok, suffered a hacking accident in which personal ...

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As demand for electric vehicles soared and power semiconductors emerged, SK and SiC semiconductors were actively invested
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] As demand for electric vehicles has soared and silicon carbide (SiC) power semiconductors ...

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Market cap of stocks related to COVID-19 diagnostic kits plummeted by 80%
Reporter Kim Jisun 2023.06.20
[Alpha Biz= (Chicago) Reporter Kim Ji-sun] Domestic diagnostic kit-related stocks are struggling after the COVID-19 special. Marke ...

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LG Chem "Petrochemical business reorganization, manpower relocation"
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] The LG Chem has begun restructuring its business. Instead of cleaning up businesses that ...

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Toss Bank is pushing for a capital increase of up to 400 billion won
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] Toss Bank is pushing for a capital increase of up to 400 billion wonInternet bank Toss Ba ...

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Daewoo E&C provided debt guarantees worth 280 billion won to a developer whose project was delayed.
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] Daewoo Engineering & Construction has provided 280 billion won worth of debt guarante ...

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Seven companies, including Hyundai Steel and Dongkuk Steel Mill, were convicted of fixing steel bars worth 6 trillion won
Reporter Kim Jisun 2023.06.20
[Alpha Biz=(Chicago) Reporter Kim Jisun] All seven steel makers and 22 executives and employees who were put on trial for collusio ...

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'Kim Ik-rae Prevention Act' passed by the National Assembly's Political Affairs Committee ... Introduction of an internal stock investment pre-disclosure system
Reporter Paul Lee 2023.06.19
[Alpha Biz=(Chicago) Reporter Paul Lee] In the future, due to Dow Kiwoom Chairman Kim Ik-rae and other corporate owners eating and ...

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