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Woori Bank Faces Another 2.5 Billion Won Financial Scandal Over False Documents
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Woori Bank has reported a financial scandal involving a loss of approximately 25 billion won, ca ...

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Daishin Securities Raises Outlook for Lotte Tour Development, Sees Strong Growth Momentum in 2024
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Daishin Securities has maintained its "Buy" rating and target price of 14,000 won for Lotte Tour ...

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SK Securities Lowers Target Price for Solbrain Amid Downward Revision of 2024 Operating Profit Outlook
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] SK Securities has downgraded Solbrain’s target price from 350,000 won to 290,000 won, following we ...

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Naver and Kakao Invest Record Amounts in AI Technology Development
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Kakao and Naver are making their largest-ever investments in artificial intelligence (AI) technolo ...

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The FDA has deemed phenylephrine ineffective as an oral decongestant, prompting South Korea's MFDS to review related cold medicines.
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] The U.S. Food and Drug Administration (FDA) has provisionally concluded that phenylephrine, an act ...

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Pohang Civic Group Prepares Lawsuit Over Steel Plant Fire
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Following the explosion and fire at POSCO's Pohang Steelworks No. 3 Finex plant on the 10th, a Poh ...

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Six Pharmaceutical Companies and 480 Drugs Sanctioned for Illegal Rebates Over the Last Five Years
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] In the past five years, six pharmaceutical companies have faced administrative sanctions for engag ...

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Chey Tae-won Appointed Chair of Next Year’s APEC CEO Summit
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Chey Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has been ...

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60 Samsung Executives Purchase Company Shares Worth 15.8 Billion KRW—230,000 Shares Bought
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] As Samsung Electronics announced a plan to invest 10 trillion KRW in share buybacks, its executive ...

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LG Energy Solution (LGES) has secured its largest-ever supply contract for its Energy Storage System (ESS) business, valued at approximately 2 trillion KRW
Reporter Kim Jisun 2024.11.15
[Alpha Biz= Reporter Kim Jisun] Battery manufacturer LG Energy Solution (LGES) has secured its largest-ever supply contract for it ...

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Jung Ki-sun Promoted to Vice Chairman of HD Hyundai, Strengthening Owner Management
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] Jung Ki-sun, Vice Chairman of HD Hyundai, has been promoted to Senior Vice Chairman, solidifying ...

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Asiana Airlines to Move to Incheon International Airport's Terminal 2 by Mid-2024
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] Asiana Airlines is expected to move from Incheon International Airport's Terminal 1 to Terminal ...

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Lotte Chilsung Beverage Resolves Temporary Sales System Error
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] Lotte Chilsung Beverage experienced an internal network error, which affected the ability of sal ...

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SK Plasma Secures Investment from Indonesia's Sovereign Wealth Fund for Blood Plasma Facility
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] SK Plasma, a leading blood product company, has successfully secured investment from Indonesia's ...

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Domestic Cement Companies Struggle with Declining Sales in Q3 Amid Construction Sector Slump
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] The financial results of major domestic cement companies have seen a decline in the third quarte ...

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Food Companies Hit Hard by Domestic Weakness: Ottogi, Orion, and Others Report Declines
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] Several food companies, including Ottogi and Orion, have faced significant challenges due to slu ...

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Coupang's Bom-seok Kim Completes Sale of Shares, Secures 480 Billion KRW
Reporter Kim SangJin 2024.11.15
[Alpha Biz= Reporter Kim Sangjin] Bom-seok Kim, Chairman of the Board of Coupang, has completed the sale of his Coupang shares, se ...

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SK hynix Establishes New Corporation in Indiana, USA, to Manage HBM Packaging Plant
Reporter Kim Jisun 2024.11.15
[Alpha Biz= Reporter Kim Jisun] SK hynix has established a new corporation in West Lafayette, Indiana, USA, marking a significant ...

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Samsung Electronics and Union Reach Tentative Agreement on 5.1% Wage Increase
Reporter Kim Jisun 2024.11.15
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics announced on the 14th that it has reached a tentative agreement with the Korea ...

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The Korean branch of Italian cosmetics company Intercos has been convicted of illegally obtaining key sunscreen technology from Korean Kolmar
Reporter Kim Jisun 2024.11.15
[Alpha Biz= Reporter Kim Jisun] The Korean branch of Italian cosmetics company Intercos has been convicted of illegally obtaining ...