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Shinhan Investment Raises Kakao Pay Target Price, Projects Significant Earnings Improvement in 2024
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Shinhan Investment Corp. has maintained its "Buy" rating on Kakao Pay, raising its target price ...

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KFTC Fines Celltrion 430 Million Won for Improper Profit Transfer to Affiliates
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) has imposed a corrective order and a fine of 430 million wo ...

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Samsung, LG, and Hyundai Invest in AI Semiconductor Startup Tenstorrent
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Samsung, LG, and Hyundai Motor Group have invested in Tenstorrent, a Canadian AI semiconductor sta ...

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Hanmi Group Faces Legal Battle Over Holding Company Voting Rights
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] A four-party alliance, including Shin Dong-guk, Chairman of Hanyang Precision, and the mother-daug ...

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Lawyer Accused of Defaming SK Group Chairman Chey Tae-won Faces Police Follow-up Investigation
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Prosecutors have requested a supplementary investigation into lawyer Lee, who was charged with def ...

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Naver Café Faces Service Disruption Amid Traffic Surge Following Martial Law Declaration
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Naver Café has experienced access difficulties following President Yoon Suk-yeol’s emergency decla ...

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Min Hee-jin Files Lawsuits Against Hybe Executives and Dispatch Reporters Over NewJeans 'Tampering' Allegations
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] Min Hee-jin, former CEO of ADOR and former representative of Hybe, has initiated multiple lawsui ...

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Asiana Airlines: "Passengers Must Stow Luggage in Overhead Bins Themselves"
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines announced a policy change requiring passengers to store their carry-on luggage in ...

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Police and Labor Ministry Conduct Raid in Connection to Fatal Accident at Hyundai Motor's Ulsan Plant
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] The police and the Ministry of Employment and Labor conducted a raid on December 2 related to a re ...

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Korean AI Semiconductor Startup Rebellions Officially Launches Following Merger with Sapeon Korea
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Rebellions, a leading South Korean AI semiconductor startup, announced on the 2nd that it has comp ...

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Com2uS's AI RPG 'Starseed' Tops Thailand's Google Play Charts
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Com2uS announced on the 2nd that its newly launched AI-driven urban fantasy RPG, Starseed: Asnia T ...

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TPG Considers Selling Stake in Kakao Mobility Amid Growing Risks
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] TPG, the second-largest shareholder in Kakao Mobility, is reportedly exploring the sale of its s ...

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Jin Air to Lead Merger with Air Busan and Air Seoul Amid LCC Market Shake-Up
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] The merger between Korean Air and Asiana Airlines has reached a pivotal stage, triggering a signif ...

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MBK Partners Sells Japanese Jewelry Brand Tasaki for 9.3 Trillion Won
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] MBK Partners, a South Korean private equity firm, has sold the Japanese jewelry brand Tasaki for ...

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MBK Partners Chooses UBS as Lead Advisor for Sale of Lotte Card, Valuation Estimated at Up to 3 Trillion Won
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] MBK Partners, a private equity firm (PEF), has selected UBS as the lead advisor for the sale of ...

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Biden Administration Set to Announce New Semiconductor Export Restrictions Targeting China's AI Industry
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] The Biden administration is expected to unveil a third round of export restrictions on China's sem ...

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Hyundai Motor's November Global Sales Dip 3.7% to 355,729 Units
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor Company (005380) announced on December 2 that it sold 355,729 vehicles globally in N ...

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LG CNS Passes IPO Review, Aiming for Listing in Early 2024 with Valuation Target of 7 Trillion Won
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] LG CNS, the IT affiliate of LG Group, has passed the IPO review process by the Korea Exchange.Ac ...

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Financial Supervisory Service Demands Correction of Isu Petasis' Controversial Capital Increase Filing
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has demanded that Isu Petasis submit a corrected filing ...

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Korea Fair Trade Commission Targets Coupang, Market Kurly, and Naver Over Subscription Practices
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) has initiated sanctions against online platforms such as Co ...