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Hanwha Investment & Securities Acquires Stake in Edinburgh Airport
Reporter Kim SangJin 2024.10.08
[Alpha Biz= Reporter Kim Sangjin] Hanwha Investment & Securities announced on the 7th that it has acquired a stake in Edinburg ...

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KFTC Reportedly Determines Imposition of Fines on Mobile Carriers Over Collusion Allegations
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) is said to have reached a decision regarding imposing fines ...

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Youngpoong Precision Files Injunction Against MBK Consortium, Citing Breach of Fiduciary Duty"
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] Youngpoong Precision, a subsidiary of Korea Zinc, has filed an injunction to block the execution o ...

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Hyundai's Indian Subsidiary Likely to Be Listed on the Indian Stock Market on the 22nd
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] According to a report by Bloomberg on the 5th (local time), citing sources, Hyundai Motor's Indi ...

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Samsung Electronics' Market Capitalization Share Hits Lowest Level Since October 2022
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] According to the Korea Financial Investment Association on the 6th, the market capitalization sh ...

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Korea Investment & Securities Forecasts Mixed Q3 Performance for CJ CheilJedang
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] On the 4th, Korea Investment & Securities projected that CJ CheilJedang's domestic food busi ...

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KB Securities Raises Target Price for Samsung Biologics Amid Positive Q3 Earnings Outlook
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] On the 4th, KB Securities raised its target price for Samsung Biologics from 1.1 million won to ...

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Meritz Securities Projects LG Electronics to Miss Q3 Earnings Consensus
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] On the 4th, Meritz Securities projected that LG Electronics’ Q3 earnings will fall short of cons ...

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MG Non-Life Insurance Union Strongly Opposes Meritz Fire's Participation in the Direct Contract Bid
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] As Meritz Fire Insurance has joined the bidding for the direct contract with MG Non-Life Insuran ...

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Woori Bank's Russian Subsidiary Recovers 53.3 Billion Won Frozen Due to Sanctions
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] Woori Bank's Russian subsidiary (Woori Bank Russia) announced on the 4th (local time) that it ha ...

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KB Financial Group to Develop Generative AI Platform Based on Microsoft Technology
Reporter Kim SangJin 2024.10.07
[Alpha Biz= Reporter Kim Sangjin] KB Financial Group is set to embark on the development of a generative artificial intelligence ( ...

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South Korea's Top Five Banks Spend Over 360 Billion Won on Legal Fees in 5.5 Years
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] South Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) have reportedly ...

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Hanwha Ocean Faces Heavy Fines Following Special Inspection Amid Worker Fatalities
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean has been fined a total of KRW 265.55 million (approximately USD 200,000) for violatin ...

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Prolonged Slump in Domestic Chemical Firms Amid Chinese Supply Glut
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] The downturn in the performance of South Korea's chemical companies continues to deepen, with no s ...

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T'way Air Aircraft Grounded in July Due to Mechanical Defect
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] A specific aircraft operated by T'way Air was grounded by aviation authorities in July due to a me ...

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Asiana Airlines to Increase International Excess Baggage Fees from January 2024
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines will raise its international excess baggage fees starting January 2, 2024. Followi ...

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KCC Glass Completes 440,000-Ton Capacity Glass Factory in Indonesia
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] KCC Glass announced on October 6 that it had completed its Batang factory, a glass production plan ...

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Solus Advanced Materials Secures $150 Million in Incentives from Quebec for Battery Foil Plant
Reporter Kim Jisun 2024.10.07
[Alpha Biz= Reporter Kim Jisun] Solus Advanced Materials has secured approximately KRW 150 billion in incentives from the Quebec g ...

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Korea Exchange to Designate KUM YANG as Non-Compliant Disclosure Company After Downgraded Sales Forecast
Reporter Kim Jisun 2024.10.04
[Alpha Biz= Reporter Kim Jisun] The Korea Exchange has announced the designation of an unfaithful disclosure corporation for KUM Y ...

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SK On Raises 1 Trillion Won Through Rights Issue Amid Restructuring Efforts
Reporter Kim Jisun 2024.10.04
[Alpha Biz= Reporter Kim Jisun] SK On, a subsidiary of SK Innovation, has raised 1 trillion won through a rights issue as SK Group ...

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