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The Financial Supervisory Service (FSS) plans to conduct checks on bank governance improvements in the second half of the year.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) plans to conduct a review of banks' governance improvement ...

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The five major banks in South Korea disposed of bad loans through sales and write-offs amounting to 3.2704 trillion KRW during the first half of this year.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] During the first half of this year, the five major commercial banks in South Korea (KB, Shinhan, H ...

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The Fair Trade Commission is conducting an investigation into unfair trading practices among distribution companies.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] On the 14th, the Fair Trade Commission announced that it will conduct a '2024 Distribution Sector ...

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The number of participants in the Samsung Electronics union's general strike rally has significantly decreased to around 200 people.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] As the general strike led by the National Samsung Electronics Union, the largest union at Samsung ...

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Baemin states, "'44% increase in merchant fees' is an exaggerated claim."
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] Woowa Bros, the operator of Baemin, has refuted claims that the recent restructuring of the Baemin ...

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Hanwha Energy is investing 2 trillion KRW to build an AI data center in the United States.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] Hanwha Energy, a key energy subsidiary of Hanwha Group, is making a significant entry into the AI ...

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NCSoft is expected to report a quarterly loss for the first time in 11 years since the second quarter of 2013.
Reporter Kim Jisun 2024.07.15
[Alpha Biz= Reporter Kim Jisun] NCSoft is expected to report a quarterly loss for the first time in 11 years since the second quar ...

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Hana Securities has lowered its target price for HMM from 18,000 to 16,000 Korean won, citing concerns over future slowdown in cargo volume growth.
Kim Minyoung 2024.07.12
[Alpha Biz= Reporter Kim Minyoung] On the 12th, Hana Securities lowered its target price for HMM, a shipping company, from 18,000 ...

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KB Securities expects Hyundai Motors to outperform market expectations in the second quarter of this year
Kim Minyoung 2024.07.12
[Alpha Biz= Reporter Kim Minyoung] KB Securities forecasts that Hyundai Motor Company will deliver better-than-expected results in ...

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Samsung Securities has lowered its target price for Kakao from KRW 59,000 to KRW 51,000.
Kim Minyoung 2024.07.12
[Alpha Biz= Reporter Kim Minyoung] Samsung Securities has evaluated that Kakao is experiencing overall growth slowdown. Consequent ...

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NH Investment & Securities has maintained a 'Buy' rating for CJ CheilJedang and raised its target price by 9% to 470,000 KRW.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Minyoung] NH Investment & Securities estimated on the 12th that CJ CheilJedang would have improved fi ...

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KB Securities has raised its target price for Celltrion from 250,000 KRW to 260,000 KRW.
Kim Minyoung 2024.07.12
[Alpha Biz= Reporter Kim Minyoung] KB Securities has raised its target price for Celltrion from 250,000 KRW to 260,000 KRW.On the ...

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Hyundai Motor Securities has maintained a 'Neutral' investment rating on Com2uS and has lowered the target price from 46,000 KRW to 43,000 KRW.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] Hyundai Motor Securities stated on the 12th that significant performance recovery for Com2uS is ...

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Coupang is negotiating with MBK Partners to acquire Homeplus Express.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] Coupang has entered into negotiations with MBK Partners to acquire Homeplus Express. The plan is ...

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Hyosung Heavy Industries to supply transformers worth 350 billion KRW to Australia.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Hyosung Heavy Industries has announced its participation in Australia's renewable energy grid deve ...

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Asiana Airlines' union expresses opposition to merger under any conditions, urges EU to disapprove.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] On July 11th, Asiana Airlines' union and pilot union reaffirmed their opposition to the merger bet ...

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Toyota will invest in Ionna, a charging facility company jointly operated by seven automakers around the world to build a train charging network.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Toyota will invest in Ionna, a charging facility company jointly operated by seven automakers arou ...

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Hancom has stated that the police's application for an arrest warrant for Chairman Kim Sang-cheol will have "no substantial impact on the company's management."
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Hancom has expressed that the police's application for an arrest warrant for Chairman Kim Sang-che ...

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Samsung Invests 72 Billion KRW in US AI-Based Drug Development Fund
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Samsung C&T and its bio subsidiaries are expanding their investments in global bio-innovation ...

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Doosan Robotics will merge with Doosan Bobcat
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] On July 11th, according to the Doosan Group, Doosan Enerbility, Doosan Bobcat, and Doosan Robotics ...