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DB Financial Cuts LG Chem's Target Price from 580,000 to 450,000 Won
Reporter Kim SangJin 2024.08.28
[Alpha Biz= Reporter Kim Sangjin] On August 28, DB Financial Investment reduced LG Chem's target price from 580,000 won to 450,000 ...

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Government to Discuss Compensation Plan for Travel Product Consumer Losses with TMON and WEMAKEPRICE
Reporter Kim SangJin 2024.08.28
[Alpha Biz= Reporter Kim Sangjin] On August 27, the Ministry of Culture, Sports and Tourism, the Fair Trade Commission, and the Fi ...

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Prosecutors Raid Woori Bank Over Allegations of Improper Loans to Relatives of Sohn Tae-seung
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] On August 27, prosecutors launched a search and seizure operation at Woori Bank as part of an inve ...

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Min Hee-jin Steps Down as CEO of NewJeans' Agency ADOR, but Continues Producing Role
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] Min Hee-jin has stepped down from her position as CEO of ADOR, the agency behind the girl group Ne ...

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LG Electronics CEO Considers IPO for Indian Subsidiary Amid Rising Investor Interest
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] LG Electronics CEO Cho Joo-wan mentioned that an IPO for the company's Indian subsidiary is one of ...

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Samsung Electronics Begins Supplying Memory for Qualcomm's Snapdragon Digital Chassis Platform
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] On August 27, Samsung Electronics announced that it has officially started supplying LPDDR4X memor ...

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Air Premia Offers Low-Cost Flights During Chuseok Holiday; T'way Air Initiates Unpaid Leave for Crew Members
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] On the 27th, the aviation industry reported that Air Premia is selling one-way tickets from Incheo ...

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Hyundai Motor Group's $10 Billion EV Plant in Georgia Faces Environmental Permit Reassessment
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor Group's new electric vehicle (EV) plant, the "Hyundai Motor Group Metaplant America" ...

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SK Innovation and SK E&S Merger Approved with 86% Shareholder Support
Reporter Kim Jisun 2024.08.28
[Alpha Biz= Reporter Kim Jisun] SK Innovation and SK E&S have finalized their merger following a decisive vote at an extraordi ...

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The Fair Trade Commission (FTC) has launched an on-site investigation into Musinsa over allegations of unfair practices against its partner stores
Reporter Kim Jisun 2024.08.27
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) has initiated an on-site investigation into Musinsa, a popu ...

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Pearl Abyss Shares Plunge 12% Following Gamescom Disappointment
Kim Minyoung 2024.08.27
[Alpha Biz= Reporter Kim Minyoung] South Korean game developer Pearl Abyss has seen its stock price drop sharply after failing to ...

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FSS Issues Second Correction Request for 'Doosan Bobcat-Doosan Robotics Merger
Reporter Kim Jisun 2024.08.27
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) has requested Doosan Robotics to correct the securities re ...

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GS Retail to Cancel 1,279,666 Shares
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] GS Retail announced on the 26th that it will cancel 1,279,666 of its common shares. These share ...

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ECORBIT, Korea's Leading Waste Management Firm, Sold to Private Equity Fund for 2.07 Trillion Won
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] Ecorbit, the top company in the waste management sector in South Korea, has been sold to a priva ...

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Lotte Mart Halts Sales and Recalls Spanish Seasoned Meat 'Tapas' Due to Sorbic Acid Detection
Reporter Kim Jisun 2024.08.27
[Alpha Biz= Reporter Kim Jisun] The Ministry of Food and Drug Safety (MFDS) announced on the 26th that it has ordered a recall and ...

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Financial Supervisory Service to Begin Preliminary Inspection of BNK Financial Group Next Month
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) will commence a preliminary inspection of BNK Financial ...

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FTC Launches Investigation into DB Group for Alleged Intentional Omission of Affiliates
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] The Fair Trade Commission (FTC) has launched an investigation into DB Group over allegations of ...

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Shinilajen Loses Final Appeal in Stock Option Lawsuit Against Former Executives; Plans to Recover 5.5 Billion Won Deposit
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] On August 26, Shinilajen announced that it has lost the final appeal in a lawsuit related to sto ...

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Prosecutors Conduct Additional Raids on Qoo10 Group Executives, Including CEO Kim Hyo-jong
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Sangjin] On the 26th, prosecutors from the Seoul Central District Prosecutors' Office, handling the inves ...

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Lotte Energy Materials to Supply Copper Foil to Samsung SDI's U.S. Plant
Reporter Kim SangJin 2024.08.27
[Alpha Biz= Reporter Kim Jisun] Lotte Energy Materials will be the sole domestic supplier of copper foil for the joint venture bet ...