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Hanwha Acquires Philly Shipyard in the US for $100 Million
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Hanwha Group is set to become the first South Korean company to enter the U.S. shipbuilding ind ...

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Over 1,400 Accounts Opened in Six Months Following Abolition of Foreigner Investor Registration System
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Following the abolition of the foreign investor registration system at the end of last year, ov ...

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SK Networks to Sell Subsidiary SK Rent-a-Car to Private Equity Fund
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] SK Networks announced that it will sell 100% of its shares in its subsidiary, SK Rent-a-Car, to pr ...

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Financial Supervisory Service Expands Inspection Team for Woori Bank's '10 Billion KRW Embezzlement' Case, Focusing on Headquarters
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Financial Supervisory Service Expands Inspection of Woori Bank Following 10 Billion KRW Embezzleme ...

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HD Hyundai Infracore Secures Order for 39 Large Excavators from Turkish Ministry of Defense
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] HD Hyundai Infracore has secured an order for 39 large excavators from the Turkish Ministry of Def ...

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Korea Zinc Secures Management Control of Sorin After Conflict with Young Poong
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Korea Zinc secured management control of Sorin Corp after a conflict with Youngpoong. Sorin Corp C ...

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LS Cable & System to Supply 280 Billion KRW Worth of Submarine Cables to World's First 'Artificial Energy Island'
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] LS Cable & System announced on the 20th that it will supply submarine cables to the world's fi ...

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Daesang Acquires 20% Stake in Chinese L-Lysine Producer Chengfu
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Daesang announced that it has acquired a 20% stake in Chengfu, a Chinese L-lysine production compa ...

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Aprilbio signed a technology transfer contract worth approximately 650 billion Korean won with the United States.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] On the 20th, Aprilbio disclosed that it has transferred its candidate substance for autoimmune i ...

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An AliExpress seller in the Korean market has been accused of using images related to Coupang's Rocket Delivery service without authorization, prompting Coupang to take action in response.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] According to the retail industry on the 20th, AliExpress is handling numerous products on its Ko ...

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SoftBank has stated that it is in discussions with Naver regarding a reassessment of their stake in Line Yahoo, but they have not yet reached an agreement.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] SoftBank has announced that it is in discussions with Naver regarding a review of its stake in L ...

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Hyosung Chemical invests about 55.2 billion won in Vietnamese affiliates
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] Hyosung Chemical announced on the 20th that it will invest approximately 55.2 billion KRW in its ...

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HJ Shipbuilding & Construction has secured an order for four eco-friendly 7,900 TEU container ships.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] HJ Shipbuilding & Construction announced on the 20th that it has signed a contract with a Eu ...

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Chey Tae-won, chairman of SK Group, has escalated his divorce case with his wife, Roh Soh-yeong, to the Supreme Court by filing an appeal.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] The divorce case between Chey Tae-won, chairman of SK Group, and Roh Soh-yeong, director of Art ...

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SK Group is planning to sell its stakes in Vietnam, which are valued at approximately 1 trillion KRW
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] SK Group has reportedly initiated the process of selling its stakes worth approximately 1 trilli ...

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Shinsegae Group has replaced the CEOs of both Gmarket and SSG.com.
Kim Minyoung 2024.06.20
[Alpha Biz= Reporter Kim Minyoung] Shinsegae Group announced on the 19th that it has newly appointed representatives and executive ...

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Moody's kept Dongyang Life's credit rating 'Baa1'
Kim Minyoung 2024.06.20
[Alpha Biz= Reporter Kim Minyoung] Dongyang Life Insurance announced on the 19th that Moody's (Moody's) has maintained Dongyang Li ...

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Kakao Bank has expanded its global presence in Indonesia.
Kim Minyoung 2024.06.20
[Alpha Biz= Reporter Kim Minyoung] Kakao Bank announced that Indonesia's digital bank 'PT Super Bank Indonesia', the first oversea ...

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Korean Air to Reduce European Routes Starting in August, Causing Inconvenience for Passengers Due to Schedule Changes
Reporter Kim Jisun 2024.06.20
[Alpha Biz= Reporter Kim Jisun] Korean Air's decision to reduce the number of flights on major European routes starting in August ...

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Lee Bok-hyun, the head of the Financial Supervisory Service, recently unleashed strong criticism against the repeated financial scandals in the banking sector
Kim Minyoung 2024.06.20
[Alpha Biz= Reporter Kim Minyoung] On the 19th, Financial Supervisory Service (FSS) Chief Lee Bok-hyun strongly criticized the rec ...