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Apple Shares Drop 2% Despite Strong iPhone Sales; $10.2 Billion Tax Payment in Europe Impacts Profit Margins
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] Apple, the world’s most valuable company, reported earnings that exceeded market expectations due ...

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GS Engineering & Construction Anticipates Margin Turnaround in H2 2025, but Market Outlook Remains Cautious: Hana Financial
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] GS Engineering & Construction (GS건설) is expected to see a margin turnaround in the second half ...

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Former Woori Bank Vice President Arrested Over Alleged Unlawful Loans to Relatives of Ex-Chairman Sohn Tae-seung
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] A former vice president of Woori Bank has been arrested for allegedly facilitating illegal loans t ...

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HD Hyundai Oilbank to Fully Acquire Joint Venture with Cosmo Oil, Expanding into Future Energy Markets
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] HD Hyundai Oilbank announced on the 31st that it has signed an agreement with Japan's Cosmo Oil to ...

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Chairman Kim Beom-soo Released on Bail After 101 Days of Detention for Alleged Stock Manipulation Involving SM Entertainment
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] Chairman Kim Beom-soo, who was detained on July 23 over allegations of stock price manipulation re ...

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NHN Extends 60 Billion KRW Loan to NHN Payco to Address Liquidity Shortfall Following TMON Incident
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] NHN announced on the 31st that it will extend a 60 billion KRW loan to its subsidiary, NHN Payco, ...

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FSS Targets Korea Zinc and Mirae Asset: “Rights Offering Potentially Involves Unfair Trade”
Reporter Kim Jisun 2024.11.01
[Alpha Biz= Reporter Kim Jisun] Korea Zinc’s rights offering has come under scrutiny from South Korea’s financial authorities. The ...

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National Pension Service Changes Kakao Shareholding Purpose from 'General Investment' to 'Simple Investment'
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] The National Pension Service (NPS) of South Korea has changed its purpose for holding shares in Ka ...

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Prosecutors Raid Home of Koo Yeon-kyung, LG's Eldest Daughter, Over Insider Trading Allegations
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] Prosecutors have launched an investigation into Koo Yeon-kyung, the eldest daughter of the late Ko ...

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Meritz: Hanwha Ocean Faces Earnings Shock Due to One-time Factors; Target Price Downgraded
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Meritz Securities announced on the 30th that Hanwha Ocean's Q3 performance is at "earnings shock ...

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Shinhan: Samsung Electro-Mechanics Requires Confirmation of Performance Direction; Target Price Downgraded
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Shinhan Investment Corp. announced on the 30th that while the long-term growth direction for Sam ...

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SGC Energy Sells Subsidiary SGC Green Power for 322.2 Billion KRW
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] On October 30, SGC Energy announced the sale of its biomass power plant subsidiary, SGC Green Powe ...

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CJ CGV's Metrics Expected to Improve Following Integration with CJ Olive Networks, Says Meritz
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Meritz Securities stated on the 30th that CJ CGV (079160) is expected to show improved metrics s ...

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South Korea’s Personal Information Protection Commission (PIPC) has committed to winning its legal battles against tech giants Google and Meta over alleged illegal data collection practices.
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] On October 30, Vice Chair Choi Jang-hyuk of Korea’s Personal Information Protection Commission (PI ...

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Kumyang Shares Plummet Following Designation as Non-Compliant Company; CEO Lee Hyang-doo Sells Entire Stake
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Kumyang's stock price, which was suspended due to being designated as a non-compliant company, f ...

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Shinsegae Group Siblings Jung Yong-jin and Jung Yoo-kyung Begin Independent Management
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] Shinsegae Group has officially announced the separation of E-Mart and Shinsegae Department Store.I ...

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Personal Information Protection Commission Launches Investigation into 'ModooTour' for Data Breach
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] The Personal Information Protection Commission announced on the 30th that it has launched an inv ...

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Taeyoung Construction's Stock Trading to Resume Tomorrow After 7-Month Suspension
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Taeyoung Construction's stock trading, which had been suspended for over seven months due to cap ...

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Korea Zinc Shares Plunge to Limit Down Following Announcement of 2.5 Trillion Won Capital Increase
Reporter Kim SangJin 2024.10.31
[Alpha Biz= Reporter Kim Sangjin] Korea Zinc's stock price has sharply dropped to the limit down following the announcement of a l ...

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Clashes Erupt at HD Hyundai Heavy Industries Shipyard Over Tent Installation Amid Ongoing Labor Disputes
Reporter Kim Jisun 2024.10.31
[Alpha Biz= Reporter Kim Jisun] A confrontation between management and labor erupted at the Ulsan shipyard of HD Hyundai Heavy Ind ...