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Lotte Takes Legal Action Against Creator and Distributor of False Rumors
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] Lotte Group has initiated legal action against the creator and distributor of a false informatio ...

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Financial Supervisory Service Imposes 2 Billion KRW Fine on Samsung Life for Improper Insurance Switching
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] Samsung Life Insurance has been fined over 2 billion KRW for engaging in improper insurance swit ...

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EU Commission Approves Korean Air-Asiana Merger; Air Incheon to Acquire Asiana’s Cargo Division
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] The European Union (EU) Commission has granted final approval for the merger between Korean Air ...

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HD Korea Shipbuilding Secures $829 Million Deal for Four Container Ships
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] HD Korea Shipbuilding & Offshore Engineering, a mid-tier holding company under HD Hyundai, a ...

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Kakao to Implement Independent Quantitative Evaluation for Daum News Media Partnerships
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] On December 1, the IT industry revealed that Kakao is set to announce detailed regulations for e ...

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Bang Si-Hyuk Faces Controversy Over Pre-IPO Shareholder Agreements for HYBE; Financial Supervisory Service to Review Potential Legal Issues
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) has launched a review to determine whether any legal viola ...

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JP Morgan Becomes Second-Largest Shareholder in AprilBio
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] Global investment bank J.P. Morgan has become the second-largest shareholder in AprilBio, a star ...

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Korea Ratings Upgrades Samsung Biologics' Credit Outlook to 'Positive' Amid Strong CDMO Market Position
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] Korea Ratings (HanShin) upgraded the credit rating outlook for Samsung Biologics (207940) from " ...

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Foreign Investors’ Selling in Korean Stock Market Hits Levels Not Seen Since 2008 Financial Crisis
Reporter Kim SangJin 2024.12.02
[Alpha Biz= Reporter Kim Sangjin] Foreign investors have aggressively sold Korean stocks in the second half of this year, with the ...

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Orion Raises Prices on 13 Products by an Average of 11%; Choco Songi and Bichovi Up 20%
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] Starting December 1, Orion has increased the prices of 13 products, primarily chocolate-based snac ...

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Lotte Tour Development Secures ₩830 Billion Refinancing Deal
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] Lotte Tour Development has successfully refinanced a ₩830 billion secured loan, significantly impr ...

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POSCO Tightens Work Discipline Amid Recent Accidents at Pohang Steelworks
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] In response to a series of accidents at its Pohang Steelworks, POSCO Group has implemented measure ...

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Josun Palace Named in 'Tatler Best of Asia 2024' as the Only Korean Hotel
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] The Josun Palace Seoul Gangnam, Luxury Collection Hotel, operated by Josun Hotels & Resorts, h ...

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LG Chem Halts Alcohol Production at Naju Plant Amid Competition from Low-Cost Chinese Petrochemical Products
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] In response to mounting competition from low-cost Chinese petrochemical products, LG Chem has deci ...

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Foreign Investors Favor Naver, Net Buying Reaches ₩789 Billion in November
Reporter Kim Jisun 2024.12.02
[Alpha Biz= Reporter Kim Jisun] As of November 28, Naver emerged as the top pick for foreign investors on the Korean stock market, ...

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CS Wind Secures 98.2 Billion KRW Wind Tower Supply Contract in the U.S.
Reporter Kim SangJin 2024.11.29
[Alpha Biz= Reporter Kim Sangjin] CS Wind announced on November 28 that it has signed a wind tower supply contract worth 98.2 bill ...

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HDC Hyundai Development Wins 1.035 Trillion KRW Apartment Construction Project
Reporter Kim Jisun 2024.11.29
[Alpha Biz= Reporter Kim Sangjin] HDC Hyundai Development announced on November 28 that it has signed a contract with Paju Medical ...

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Lotte Group Implements Asset Revaluation and Sells Hotels to Address Liquidity Concerns
Reporter Kim SangJin 2024.11.29
[Alpha Biz= Reporter Kim Sangjin] Lotte Group has taken significant steps to address recent liquidity concerns by revaluing its la ...

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NCSoft Confirms Establishment of 4 Subsidiaries Amid Union Backlash
Reporter Kim SangJin 2024.11.29
[Alpha Biz= Reporter Kim Sangjin] NCSoft has confirmed the creation of four new subsidiaries as part of its transition to an "inde ...

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Fair Trade Commission Issues Warning to CJ Group for False Reporting
Reporter Kim SangJin 2024.11.29
[Alpha Biz= Reporter Kim Sangjin] CJ Group has recently been issued a warning by the Korea Fair Trade Commission (KFTC) for submit ...