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Chinese Nationals Lead in Foreign Real Estate Violations in South Korea: 282 Cases Uncovered
Reporter Kim Jisun 2024.12.23
[Alpha Biz= Reporter Kim Jisun] South Korea’s Ministry of Land, Infrastructure, and Transport (MLIT) has identified 282 suspicious ...

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LG Uplus Investigated by Ministry of Science and ICT Over Overseas Service Outage
Reporter Kim Jisun 2024.12.23
[Alpha Biz= Reporter Kim Jisun] The Ministry of Science and ICT (MSIT) of South Korea has launched an investigation into the recen ...

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Asiana Airlines Flight Delayed Due to Fuel Leak Incident
Reporter Kim Jisun 2024.12.23
[Alpha Biz= Reporter Kim Jisun] An Asiana Airlines flight bound for Istanbul experienced a significant delay after a fuel leak was ...

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U.S. Targets China’s Sophgo with Sanctions Over Alleged Huawei Collaboration
Reporter Kim Jisun 2024.12.23
[Alpha Biz= Reporter Kim Jisun] The Biden administration is reportedly preparing to impose sanctions on Sophgo, a Chinese semicond ...

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South Korea and the U.S. Collaborate to Track Virtual Assets Stolen by North Korean Hackers
Reporter Kim SangJin 2024.12.22
[Alpha Biz= Reporter Kim Sangjin] With the soaring value of virtual assets, including Bitcoin surpassing $100,000, cyberattacks ta ...

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U.S. Grants $4.745 Billion Subsidy to Samsung Electronics for Texas Semiconductor Facility
Reporter Kim SangJin 2024.12.22
[Alpha Biz= Reporter Kim Sangjin] The U.S. government has confirmed a subsidy of $4.745 billion (approximately 6.9 trillion KRW) f ...

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Tmap Mobility Sells Entire Stake in UT Taxi Platform to Uber
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] Tmap Mobility announced on December 20 that its board of directors had approved the sale of its ...

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KB Kookmin Card Completes Merger of Cambodian Subsidiaries KDSB and iFL, Expands Mobility Finance
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] KB Kookmin Card has finalized the merger of its Cambodian subsidiaries, KB Daehan Specialized Ba ...

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DB Financial Investment Lowers Hyundai Marine & Fire Insurance Target Price and Investment Rating Amid Dividend Concerns
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] On October 20, DB Financial Investment projected that Hyundai Marine & Fire Insurance might ...

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U.S. Rate Cut Adjustment Sends KRW-USD Exchange Rate Soaring Above 1,450, Financial Markets Plunge
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] As the U.S. Federal Reserve signaled a slower pace of interest rate cuts, the Korean won-U.S. do ...

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Korea Investment Real Estate Fund Faces Total Loss from Belgian Commercial Property Investment
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] Korea Investment Real Estate Asset Management, a subsidiary of Korea Investment Trust Management ...

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Prosecutors Raid Meritz Securities Over Alleged Capital Markets Act Violations in BW Deal with I Group
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] Prosecutors have conducted a search of Meritz Securities in relation to allegations of violating ...

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Meritz Fire & Marine's Acquisition of MG Insurance Faces Setbacks
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] The acquisition of MG Insurance by Meritz Fire & Marine is encountering significant challeng ...

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Naver's KREAM to Launch 'KREAM Pay', a Subsidiary for Simplified Payment Services
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Naver's subsidiary, KREAM, a limited-edition trading platform, is set to enter the simplified paym ...

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CJ Foodville Receives 'A-' Credit Rating from Korea Ratings
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] CJ Foodville announced on the 19th that it has been awarded an 'A-' credit rating by Korea Ratings ...

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Doosan Enerbility to Supply Key Equipment for TerraPower's SMR Project
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Doosan Enerbility will supply key equipment for TerraPower's first small modular reactor (SMR) pro ...

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Korea Hydro & Nuclear Power to Lead Facility Upgrade Project at Romania's Cernavoda Nuclear Power Plant
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Korea Hydro & Nuclear Power (KHNP) has officially joined the facility upgrade project for the ...

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Lotte Holdings Denies Reports of Lotte Healthcare's Sale of Teragen Health
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Lotte Holdings has announced on the 19th that the reports regarding Lotte Healthcare's sale of its ...

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SK Hynix Secures $458 Million Subsidy and $500 Million Loan from U.S. Government
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] SK Hynix has finalized financial support from the U.S. government, including a $458 million subsid ...

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Hanmi Semiconductor Files Patent Lawsuit Against Hanwha Precision Machinery Over HBM Equipment
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Hanmi Semiconductor, the world's leading company in the high-bandwidth memory (HBM) equipment mark ...