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Hana Securities Lowers Target Price for Kakao Amid Slower Growth in Entertainment and Piccoma
Reporter Kim SangJin 2024.11.11
[Alpha Biz= Reporter Kim Sangjin] Hana Securities has downgraded its target price for Kakao from 60,000 won to 50,000 won on Novem ...

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Samsung, Meta, Netflix, and AWS Designated for Digital Disaster Management, but Lacking Measures to Prevent System Outages
Reporter Kim SangJin 2024.11.11
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics, Meta, Netflix, and AWS were selected for digital disaster management this yea ...

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Police Begin Investigation into Fire at POSCO Pohang Steel Plant… National Forensic Agency to Conduct Examination
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] Following a fire at POSCO's Pohang steel plant that was extinguished after five hours early on the ...

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Naver Reports Record-Breaking Q3 Earnings with Operating Profit of 525.3 Billion Won
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] Naver Corporation announced on the 10th that it achieved record-breaking performance in Q3, with r ...

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Hyundai GF Holdings to Launch Public Tender Offer for 15% Stake in Hyundai Ezwel
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] Hyundai GF Holdings, the holding company of the Hyundai Department Store Group, will conduct a pub ...

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LG Energy Solution to Supply Batteries for SpaceX
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] LG Energy Solution has been tapped to supply cylindrical batteries to SpaceX, the private space ex ...

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"Samsung Securities: SK Hynix Positioned to Benefit in 'Trump 2.0' Era"
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] With semiconductor subsidy policies facing uncertainty under a potential "Trump 2.0" administratio ...

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KT Faces Concerns as 2,800 Employees Apply for Voluntary Retirement Amid AI Transition
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] KT recently saw around 2,800 employees—approximately one in six of its workforce—apply for volunta ...

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Over 50,000 Sign Petition to Revoke HYBE’s "Top Job Creator" Status Amid Workplace Bullying Allegations
Reporter Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] A national petition calling for the cancellation of HYBE’s “Top Employment Enterprise” status, des ...

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Bithumb Alleged Owner Kang Jong-hyun Faces Legal Action Over Accounting Fraud
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Kang Jong-hyun, who is suspected to be the real owner of Bithumb's affiliated company, Vidente, ...

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Controversy Surrounds Korean Investment Firm's Large Sale on A-Lux's IPO Day
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Korea Investment & Securities (KIS), the lead underwriter and investor in A-Lux, is facing c ...

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Dae Shin Securities Reports 91% Drop in Q3 Operating Profit Due to Retail Weakness
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Dae Shin Securities announced on the 7th that its operating profit for Q3 2024 dropped by 91.4% ...

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CJ Logistics Acquires Additional Shares in Singapore Subsidiary for 115 Billion Won
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] CJ Logistics announced on the 7th that it will acquire an additional 82,644,628 shares of its lo ...

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Hansae Yes24 Holdings Acquires Automotive Parts Company Irae AMS for 1.354 Trillion Won
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Hansae Yes24 Group has completed the acquisition of automotive parts company Irae AMS.According ...

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Coupang Breaks Ground on 100 Billion Won Logistics Center in Gimcheon, Gyeongbuk
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Coupang has officially begun construction on its Gimcheon Advanced Logistics Center in Gyeongsan ...

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Young Poong Seokpo Smelting Plant Faces Additional Shutdown Due to Regulatory Violation
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Young Poong Seokpo Smelting Plant, which recently received a 60-day shutdown for wastewater disc ...

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BGF Retail's CU Holds on to Convenience Store Leadership, While GS Retail's GS25 Falls Short
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] BGF Retail, which operates the CU convenience store chain, announced on the 7th that CU's third- ...

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Korean Cosmetics Manufacturer Kolmar Korea Launches "Packaged Product Service" to Cut Product Launch Time by Up to 6 Months
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] Kolmar Korea, a leading cosmetics ODM (Original Design Manufacturer) company, announced on the 7th ...

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POSCO Group Considers Sale of Chinese Subsidiary as Part of Profitability Enhancement Plan
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] POSCO Group Chairman Jeong-Woo Choi, who has prioritized rebuilding competitiveness in the steel i ...

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NHN Withdraws from Taiwanese Webtoon Market, Following Full Southeast Asia Exit
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] NHN recently exited the Taiwanese market with its webtoon service "Pocket Comics," ending a seven- ...