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E-Mart Initiates Second Voluntary Retirement Program This Year
Reporter Kim SangJin 2024.12.09
[Alpha Biz= Reporter Kim Sangjin] E-Mart, South Korea's leading retailer, has announced its second voluntary retirement program of ...

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Former Woori Bank Employee and His Brother Receive Additional Jail Sentences for Money Laundering
Reporter Kim SangJin 2024.12.09
[Alpha Biz= Reporter Kim Sangjin] A former employee of Woori Bank, J, and his brother, who were convicted of embezzling over 700 b ...

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LX International Acquires LX Pantos Stake from Mirae Asset Securities
Reporter Kim SangJin 2024.12.09
[Alpha Biz= Reporter Kim Sangjin] LX International has acquired a 19.9% stake in LX Pantos, previously held by Mirae Asset Securit ...

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Beijing Hyundai Announces Recall of 560,000 Vehicles Due to Engine Room Fire Risk
Reporter Kim SangJin 2024.12.09
[Alpha Biz= Reporter Kim Sangjin] Beijing Hyundai, Hyundai Motor's joint venture in China, has announced a recall of 560,000 vehic ...

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Domestic Stock Market Weakens After Martial Law Crisis, Samsung Electronics and SK Hynix Stocks Lose Market Capitalization
Reporter Kim SangJin 2024.12.09
[Alpha Biz= Reporter Kim Sangjin] Amid the recent downturn in the domestic stock market following the martial law crisis, the stoc ...

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Domestic Petrochemical and Steel Industries Hit Hard by Economic Downturn
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] Major domestic petrochemical and steel companies like LG Chem, Lotte Chemical, and POSCO have been ...

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Lotte Sells Lotte Rental to Affinity Equity Partners for ₩1.6 Trillion
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] Lotte announced the sale of its car rental subsidiary, Lotte Rental, to Hong Kong-based private eq ...

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LG Electronics Initiates IPO Process for Indian Subsidiary
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] LG Electronics has begun the process of listing its Indian subsidiary on the stock market.Accordin ...

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MBK Partners and Korea Zinc Clash Over Alleged NDA Breach
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] A heated dispute has erupted between MBK Partners and Korea Zinc over allegations of breaching a N ...

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Hyundai Researchers’ Deaths at Ulsan Plant Attributed to Carbon Monoxide Poisoning
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] The cause of death for three Hyundai Motor researchers, who died during a vehicle test at the comp ...

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Naver Stock Rebounds to 200,000 KRW Range, Driven by AI Strategy and Foreign Buying
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] According to the Korea Exchange on the 6th, as of 9:10 a.m., Naver’s stock was trading at 204,500 ...

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Meritz Fire Poised to Acquire MG Non-Life Insurance After Five Failed Attempts
Reporter Kim Jisun 2024.12.09
[Alpha Biz= Reporter Kim Jisun] MG Non-Life Insurance is expected to be acquired by Meritz Fire & Marine Insurance after five ...

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Dong Sung Pharm Signs Export Contract for Organic Sanitary Pads 'WOW' to China: 500,000 Units Planned
Reporter Kim SangJin 2024.12.06
[Alpha Biz= Reporter Kim Sangjin] Dong Sung Pharm is expanding its global reach as its organic sanitary pad brand WOW enters the C ...

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Hyundai Steel Withdraws Closure of Pohang Plant No. 2 Amid Union Protests
Reporter Kim Jisun 2024.12.06
[Alpha Biz= Reporter Kim Jisun] Hyundai Steel has reversed its decision to suspend operations at its Pohang Plant No. 2 in Gyeongs ...

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Korean Air Expands Airbus A321neo Order by Six Aircraft Using 2022 Exchange Rate
Reporter Kim Jisun 2024.12.06
[Alpha Biz= Reporter Kim Jisun] orean Air has announced an additional order of six Airbus A321neo aircraft, bringing the total num ...

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Kanana-v: Korea-Specialized Multimodal Language Model Unveiled
Reporter Kim Jisun 2024.12.06
[Alpha Biz= Reporter Kim Jisun] A groundbreaking Korea-specialized multimodal language model (MLLM), Kanana-v, has been unveiled, ...

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Stocks of Major Korean Financial Groups Plunge Amid Martial Law Fallout, KB Financial Drops Over 10%
Reporter Kim SangJin 2024.12.06
[Alpha Biz= Reporter Kim Sangjin] Stocks of Major Korean Financial Groups Plunge Following Martial Law, KB Financial Drops Over 10 ...

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Samsung Electronics Overhauls Leadership in Key Global Markets
Reporter Kim Jisun 2024.12.06
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics has replaced the heads of its five major regional markets—North America, Europ ...

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Army Chief Who Served as Martial Law Commander Resigns to Defense Minister Kim Yong-hyun
Reporter Kim SangJin 2024.12.06
[Alpha Biz= Reporter Kim Sangjin] Army Chief of Staff, who served as Martial Law Commander, "Submitted Resignation to Minister Ki ...

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Line Pay Taiwan Goes Public, Becomes First Line Service Listed on Stock Exchange
Reporter Kim SangJin 2024.12.06
[Alpha Biz= Reporter Kim Sangjin] Line Pay Taiwan, a mobile payment service, announced on the 5th that it has been listed on the T ...