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HD Hyundai Infracore’s Q3 Operating Profit Plunges 77% Year-on-Year
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] HD Hyundai Infracore reported a steep drop in its third-quarter performance, with sales of 909.8 b ...

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ABL Bio Receives $5 Million Milestone Payment from Sanofi for ABL301 Technology Transfer
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] ABL Bio, a biotech specializing in bispecific antibodies, announced on October 28 that it received ...

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DS Dansuk to Supply 1 Trillion KRW in Sustainable Aviation Fuel to U.S. Company
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] DS Dansuk has secured a major contract to supply sustainable aviation fuel (SAF) feedstock worth a ...

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Asiana Airlines Union Files Injunction to Halt Cargo Division Sale
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] The Asiana Airlines Pilots' Union has filed for a court injunction to suspend the board’s resoluti ...

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LG Chem’s Petrochemical Division Posts Loss; Cuts Capex from 4 Trillion KRW to 2 Trillion Range
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] LG Chem reported a third-quarter operating loss in its petrochemical division, prompting the compa ...

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Doosan Bobcat’s Operating Profit Drops 58% to 125.7 Billion KRW
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] Doosan Bobcat, a manufacturer of compact construction equipment, reported a 58% year-over-year dec ...

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Ministry of Industry to Support 26 AI Projects, Including Hyundai Motor and POSCO, with 190 Billion KRW
Reporter Kim SangJin 2024.10.29
[Alpha Biz= Reporter Kim Sangjin] The Ministry of Trade, Industry and Energy (MOTIE) announced today that 26 major companies in So ...

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HLB Group Acquires South Korea’s Leading Enzyme Production Company, Genofocus
Reporter Kim Jisun 2024.10.29
[Alpha Biz= Reporter Kim Jisun] HLB Group announced on October 28 that it would acquire Genofocus, a biotechnology company special ...

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Sonno Group to Invest an Additional 11 Billion KRW in Air Premia, Acquiring 11.6% Stake for 58 Billion KRW
Reporter Kim SangJin 2024.10.29
[Alpha Biz= Reporter Kim Sangjin] Sono International, the holding company of Daemyung Sono Group, has announced an increase in its ...

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Meritz Securities Signs 660 Billion KRW PRS Contract with Lotte Chemical
Reporter Kim SangJin 2024.10.29
[Alpha Biz= Reporter Kim Sangjin] Lotte Chemical is in the process of raising 1.4 trillion KRW in funds and has reportedly entered ...

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Kumyang Designated as a Non-Compliant Disclosure Corporation... Fined 2 Billion KRW with 10 Penalty Points
Reporter Kim SangJin 2024.10.29
[Alpha Biz= Reporter Kim Sangjin] On the 28th, the Korea Exchange's KOSDAQ Market Headquarters announced the designation of Kumyan ...

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Franchise Company The Born Korea Achieves Successful IPO with Over-Subscription of Shares
Reporter Kim SangJin 2024.10.28
[Alpha Biz= Reporter Kim Sangjin] The franchise company The Born Korea has successfully attracted interest in its initial public o ...

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Booking.com Fined 200 Million KRW for False Advertising of Free Airport Taxi Service
Reporter Kim Jisun 2024.10.28
[Alpha Biz= Reporter Kim Jisun] The lodging reservation platform Booking.com has been fined 195 million KRW by the Fair Trade Comm ...

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SK Innovation Executives to Work Saturdays Starting Next Month for Enhanced Collaboration
Reporter Kim Jisun 2024.10.28
[Alpha Biz= Reporter Kim Jisun] Starting in November, SK Innovation executives will be required to work every Saturday as part of ...

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Hanmi Semiconductor Announces Share Buyback and Cancellation to Enhance Shareholder Value
Reporter Kim SangJin 2024.10.28
[Alpha Biz= Reporter Kim Sangjin] Hanmi Semiconductor has decided to cancel 379,375 shares of its treasury stock, valued at approx ...

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Hyundai’s Chung Eui-sun and Toyota’s Akio Toyoda Hold First Public Meeting—Collaboration in Motorsports
Reporter Kim Jisun 2024.10.28
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor Group Chairman Chung Eui-sun and Toyota Motor Corporation Chairman Akio Toyoda met p ...

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Celltrion to Repurchase Additional 100 Billion Won in Treasury Shares
Reporter Kim SangJin 2024.10.28
[Alpha Biz= Reporter Kim Sangjin] Celltrion announced plans to acquire approximately 100 billion won worth of its own shares.The c ...

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Binggrae’s Third-Generation CEO Faces Assault Charges Only 3 Months After Appointment
Reporter Kim Jisun 2024.10.28
[Alpha Biz= Reporter Kim Jisun] Binggrae CEO Kim Dong-hwan (41) is facing charges for allegedly assaulting a police officer after ...

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Hyundai Wia's Q3 Operating Profit Falls 22.5% Due to Decreased Vehicle Sales
Reporter Kim SangJin 2024.10.28
[Alpha Biz= Reporter Kim Sangjin] Hyundai Wia reported a provisional operating profit of 52.9 billion won for the third quarter of ...

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Choi Yoon-bum, Chairman of Korea Zinc, Completely Sells Stake in Youngpoong
Reporter Kim SangJin 2024.10.28
[Alpha Biz= Reporter Kim Sangjin] Choi Yoon-bum, the chairman of Korea Zinc, along with the Choi family, has divested all their sh ...