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South Korean Financial Chief Kim Byung-hwan Calls for Reform in Merger Valuation Methods, Citing Need for Fairer Standards
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] On September 12, Kim Byung-hwan, Chairman of the Financial Services Commission (FSC), addressed ...

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Jin Air to Discontinue In-Flight Ramen Sales from October 1 for Safety Reasons
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Jin Air announced on the 12th that it will halt the sale of ramen on all routes starting October 1 ...

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Private equity firm MBK Partners is set to become the largest shareholder of Korea Zinc, alongside Young Poong Corporation.
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Private equity firm MBK Partners is set to become the largest shareholder of Korea Zinc, alongside ...

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Financial Supervisory Service (FSS) Issues Preliminary Sanctions Against Six Securities Firms for Unhealthy Business Practices
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has issued preliminary notices of sanctions to six secur ...

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Hanwha Bets 600 Billion KRW on Expanding Offshore Plant Business with Dynamac Holdings Acquisition
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Hanwha Group is investing 600 billion KRW to acquire a controlling stake in Dynamac Holdings, a Si ...

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NH Investment & Securities Revises Target Price for ISC
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, NH Investment & Securities updated its outlook on ISC (095340), citing increase ...

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DS Investment & Securities Comments on Doosan Group's Strategy
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, DS Investment & Securities commented on Doosan Group, stating that "Doosan Bobc ...

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Kiwoom Securities Projects Continued Revenue Growth for Manyo Factory.
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, Kiwoom Securities forecasted that Manyo Factory is expected to continue its revenue ...

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Hyundai Motor and Kia Stock Decline Continues, Analysts Recommend Buying on Dip
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The stock prices of Hyundai Motor and Kia, major representatives of the domestic automotive indu ...

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Financial Supervisory Service to Conduct On-Site Inspection of Bithumb, First Under New Virtual Asset Regulations
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has selected Bithumb for its first on-site inspection of ...

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Kakao Enterprise to Raise Up to 300 Billion KRW Through Equity Offering to Strengthen Cloud Business
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] Kakao Enterprise is set to conduct a capital increase of up to 300 billion KRW to bolster its cl ...

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Yuhan Corporation to Receive Approximately 80 Billion KRW in Technology Fees from Janssen
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] Yuhan Corporation will receive about 80.4 billion KRW in technology fees from its licensing agre ...

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Korean Ministry of Land, Infrastructure and Transport Requests Investigation into Asiana Airlines Incident
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The Korean Ministry of Land, Infrastructure and Transport has requested an investigation by the ...

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Lotte Biologics Expands CDMO Business at Global Conferences in the Second Half of 2023
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Lotte Biologics announced on the 11th that it will participate in six major global conferences acr ...

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Krafton Expands Investments Beyond Gaming with $90 Million Stake in Spoon Labs
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Krafton, known for its gaming success, continues to diversify its portfolio by investing in non-ga ...

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First Trial Begins for Kakao’s Kim Beom-su Over Stock Manipulation Allegations in SM Entertainment Takeover
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] During the first trial of Kim Beom-su, chairman of Kakao’s Management Innovation Committee, prosec ...

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OB Beer to Acquire Jeju Soju from Shinsegae L&B
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] On the 11th, OB Beer, South Korea's leading beer company, announced its decision to acquire Jeju S ...

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POSCO Future M Secures Cathode Material Supply Contract Worth 1.8 Trillion KRW
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] POSCO Future M announced on the 11th that it has signed a contract to supply high-nickel cathode m ...

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Samsung Electronics' Stock Hits 52-Week Low, Dropping to 64,000 KRW Amid Seven Consecutive Days of Decline
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics' stock price has fallen for seven consecutive trading days, reaching the 64,00 ...

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Embezzlement and Breach of Trust by KOSPI and KOSDAQ Firms Exceed 4.6 Trillion KRW Over Six Years, Average Trading Suspension Nears 500 Days
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Over the past six years, the total amount of embezzlement and breach of trust committed by employe ...