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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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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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