Industry

SK Hynix labor, management reach revised deal, bonus stock ratio cut to 50 percent

SK Hynix labor and management have drawn up a revised tentative agreement by restructuring the performance bonus payment scheme after a previous deal was rejected. The revised plan changes the basic split from 40 percent cash and 60 percent stock to an even 50-50 division. Employees can choose a stock portion from 50 percent up to 100 percent in 10 percent steps. The union will hold a member vote on Sept. 15-16.

Finance

6 online lending firms call for standards for big conglomerate and large platform entry

Six online investment-linked lending firms that participate in financial institution-linked investments said separate standards are needed as major conglomerates and large financial platforms and institutions prepare to enter the sector. They said conflicts of interest and distorted competition could arise, especially if a powerful group runs both loan comparison and brokerage services and online lending. They also said current caps and approval procedures limit new funding, risking intensified competition for limited resources.