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BNK Busan Bank Reports 1.35 Billion KRW Fraud Incident Linked to External Parties
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] BNK Busan Bank announced on the 12th that a financial fraud incident involving external parties had occur ...

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Prosecutors Raid Korean Investment Securities Executive Over Alleged Private Loan Scheme in Real Estate Project Financing
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] Prosecutors have launched a search of the securities firm executive's property in connection with an alle ...

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Credit Card Industry Implements Cost-Cutting Measures with Workforce Reductions
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] The credit card industry has entered a phase of tightening management, including workforce reductions, as ...

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Financial Supervisory Service Increases Inspection Efforts at IBK Industrial Bank Following 24 Billion Won Financial Scandal
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) has sent additional personnel to IBK Industrial Bank, which is cu ...

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Woori Financial Group Invests $150 Million in U.S. Data Centers with Strategic Partner Natixis
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Jisun] Woori Financial Group announced on the 14th that it has jointly invested $150 million (approximately 210 bi ...

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DB Insurance Faces Estimated Losses of 500-600 Billion KRW Due to LA Wildfire Damage
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] According to the insurance industry today, DB Insurance has incurred losses from the recent wildfire in L ...

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Hanwha Investment & Securities Predicts Korean Power Company's Q4 Earnings Will Exceed Expectations
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Hanwha Investment & Securities analyzed that Korea Electric Power Corporation's (KEPCO) Q4 earnings wil ...

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Worker Injured in Electric Shock Incident at Hyundai's Ulsan Plant
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] A worker was injured in an electric shock incident while inspecting equipment at the Hyundai Motor's Ulsan ...

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Johnson & Johnson to Acquire Intra-Cellular Therapies for $14.6 Billion
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Johnson & Johnson (J&J) announced on Monday that it will acquire Intra-Cellular Therapies, a compan ...

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Coupang Logistics Fined 92 Million KRW for Workplace Safety Violations
김영택 기자 2025.01.15
[AlphaBiz = Reporter Kim Young-taek] South Korea's Ministry of Employment and Labor announced on Tuesday that it has imposed 92 mi ...

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Kolon Industries Expands Tire Cord Production in Vietnam with $22.5 Million Investment
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Kolon Industries announced on the 14th that it will invest 30 billion KRW ($22.5 million) to expand tire co ...

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LG and Samsung Adapt Strategies for ‘Trump 2.0 Era’ Amid U.S. Tariff Policies
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] If you travel 87 km northwest of Nashville, Tennessee, you'll find the small city of Clarksville, home to L ...

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Daemyung Sono Group Forms TF to Acquire T'way Air Amid Mega LCC Market Shake-up
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Daemyung Sono Group has established a task force (TF) to secure management rights of T’way Air, acceleratin ...

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Samsung Biologics Secures Record-Breaking $2 Trillion CMO Deal with European Pharma
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Samsung Biologics Secures Record $2 Trillion Biopharmaceutical CMO DealSamsung Biologics announced on Tuesd ...

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Major Korean Broadcasters File Lawsuit Against Naver for Alleged News Data Copyright Infringement
Reporter Kim Jisun 2025.01.14
[Alpha Biz= Kim Jisun] KBS, MBC, and SBS, the three major South Korean broadcasters, have filed a lawsuit against Naver for allege ...

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Hyundai Motor Securities Cuts Kakao Games' Target Price to 17,000 KRW, Forecasts Earnings Shock in Q4 2024
Reporter Kim SangJin 2025.01.14
[Alpha Biz= Kim Sangjin] Hyundai Motor Securities lowered its target price for Kakao Games from 19,000 KRW to 17,000 KRW on Januar ...

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Hyundai Motor Securities Maintains 'Buy' Rating on NCSoft, Sets Target Price at ₩260,000
Reporter Kim SangJin 2025.01.14
[Alpha Biz= Kim Sangjin] Hyundai Motor Securities has predicted that NCSoft’s Q4 revenue will amount to 417.6 billion KRW, a 4.6% ...

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iM Securities Sees Growth for PI Advanced Materials, Lowers Target Price to ₩28,000
Reporter Kim SangJin 2025.01.14
[Alpha Biz= Kim Sangjin] iM Securities Forecasts Growth for PI Advanced Materials, Adjusts Target Price to ₩28,000iM Securities pr ...

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Hanjin Group Chairman Cho Won-tae Boards Asiana Airlines Flight for the First Time Since Acquisition
Reporter Kim Jisun 2025.01.14
[Alpha Biz= Kim Jisun] Hanjin Group Chairman Cho Won-tae Departs on Asiana Airlines Flight for the First Time Since AcquisitionHan ...

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Daishin Securities: Chairman Jung Yong-jin's Purchase of E-Mart Shares Likely to Boost Short-Term Stock Price
Reporter Kim SangJin 2025.01.14
[Alpha Biz= Kim Sangjin] Daishin Securities evaluated that Chairman Jung Yong-jin of Shinsegae Group's purchase of shares in E-Mar ...