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Wemade Current and Former Employees File Billion-Won Lawsuit Against Company Over Unpaid WEMIX Tokens
Reporter Kim Jisun 2024.08.12
[Alpha Biz= Reporter Kim Jisun] Wemade is facing turmoil over issues surrounding its cryptocurrency, WEMIX. Following the indictme ...

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Olive Young is set to build a logistics center in Anseong, South Korea, with an area equivalent to five football fields.
Kim Minyoung 2024.08.09
[Alpha Biz= Reporter Kim Minyoung] CJ Olive Young announced on August 8 that it will begin trial operations of its new logistics c ...

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23 out of 58 Electric Vehicle Models in South Korea Equipped with Chinese-Made Batteries
Kim Minyoung 2024.08.09
[Alpha Biz= Reporter Kim Minyoung] Out of the 58 electric vehicle models currently operating in South Korea, 23 are equipped with ...

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U.S. Supports Hanwha Q Cells with $2 Trillion Loan for Georgia Solar Plant
Kim Minyoung 2024.08.09
[Alpha Biz= Reporter Kim Minyoung] The U.S. government has decided to provide financial support of approximately 2 trillion won to ...

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SK Telecom has been acquitted after a 9-year legal battle over its e-prescription service.
Kim Minyoung 2024.08.09
[Alpha Biz= Reporter Kim Minyoung] SK Telecom's e-prescription service, which operated from 2012 to 2015, has been deemed lawful b ...

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Lotte Chemical has recorded a deficit for the third consecutive quarter due to the sluggish petrochemical market.
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Lotte Chemical has recorded a deficit for the third consecutive quarter due to the sluggish petroc ...

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Kolon Industries Forms Film Joint Venture with SK Microworks
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Kolon Industries and SK Microworks (formerly SKC Future Materials) have joined forces to enhance t ...

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Kakao's Kim Beom-su Indicted and Arrested: Alleged Collusion and Direction in Market Manipulation During SM Acquisition
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Kakao's Governance Renewal Committee Chairman, Kim Beom-su, has been indicted and is currently det ...

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Meritz Fire & Marine Insurance Joins Bidding for MG Insurance
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Meritz Fire & Marine Insurance has confirmed its participation in the rebidding process for ...

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Samsung Securities reported that its operating profit for the second quarter of 2024 was 339.2 billion won, a 69% increase compared to the same period last year.
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Samsung Securities reported on August 8 that its operating profit for the second quarter of 2024 ...

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US Stock Weekly Trading: Only 29 ETFs, Including 'QQQ,' Available Until the 15th
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Domestic securities firms in South Korea are currently experiencing a significant restriction in ...

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Jin Air Reports 94.9% Drop in Q2 Operating Profit
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Jin Air Reports Decline in Q2 Operating Profit and Swings to Net LossOn August 8, Jin Air announ ...

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Hanon Systems Reports 50.1% Drop in Q2 Operating Profit
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Hanon Systems announced on August 8 that its consolidated operating profit for the second quarte ...

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Netmarble Reports Record Revenue and Returns to Profit in Q2
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] On August 8, Netmarble announced its financial results for the second quarter of 2024, reporting ...

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SK Innovation Considers Additional Funding for SK On
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] SK Innovation is exploring the possibility of infusing additional funds into its subsidiary, SK ...

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Samsung Heavy Industries: U.S. Court Dismisses Petrobras Lawsuit
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] On August 8, Samsung Heavy Industries announced that the lawsuit filed by Petrobras America, the U ...

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Qoo10 Affiliate Restructuring: Voluntary and Involuntary Terminations Announced
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Qoo10 and Affiliate Companies Begin Restructuring Amid Financial DisputesQoo10 and its affiliated ...

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Financial Supervisory Service Chief Says "Unlimited Corrections Required for Doosan Robotics’ Revised Report if Incomplete"
Reporter Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Lee Bok-hyun, Chairman of the Financial Supervisory Service (FSS), has announced that if there a ...

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Sampyo Concrete Faces Government Sanctions for Improper Support to Founder’s Heir
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Sampyo Concrete Faces Government Sanctions for Improper Support to Heir’s CompanySampyo Concrete, ...

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Hyundai Elevator and Kakao have teamed up to advance robotics technology.
Reporter Kim Jisun 2024.08.09
[Alpha Biz= Reporter Kim Jisun] Hyundai Elevator has partnered with Kakao Mobility to accelerate the commercialization of elevator ...