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SK in Talks to Divest Stake in Joint Venture 'UT' with Uber
Reporter Kim Jisun 2024.07.04
[Alpha Biz= Reporter Kim Jisun] Claims have surfaced that SK may completely exit the taxi business it has been operating for the p ...

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Hanmi Pharmaceutical's Management Dispute Resurfaces
Reporter Kim Jisun 2024.07.04
[Alpha Biz= Reporter Kim Jisun] Chairwoman Song Yeong-sook and Vice Chairwoman Lim Ju-hyun of Hanmi Pharmaceutical Group have alli ...

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LG Electronics Acquires European Smart Home Platform Company 'Athom'
Reporter Kim Jisun 2024.07.04
[Alpha Biz= Reporter Kim Jisun] Electronics has acquired the European smart home platform company Athom. LG announced on the 3rd t ...

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Young Poong Sues Korea Zinc Over Refusal to Renew Sulfuric Acid Handling Contract
Reporter Kim Jisun 2024.07.04
[Alpha Biz= Reporter Kim Jisun] As Korea Zinc ceased handling sulfuric acid for Young Poong amidst a management dispute, Young Poo ...

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POSCO Group's "2030 Vision," released on the 2nd, includes plans for improving its corporate governance structure.
Reporter Kim SangJin 2024.07.03
[Alpha Biz= Reporter Kim Jisun] POSCO Group's "2030 Vision," released on the 2nd, includes plans for improving its corporate gover ...

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LG Energy Solution will supply LFP batteries for 590,000 electric vehicles to Renault, France's largest automobile manufacturer.
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] LG Energy Solution will supply LFP batteries for 590,000 electric vehicles to Renault, France's l ...

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Private equity firm MBK Partners has acquired Japan's Alinamin Pharmaceutical for 2.9 trillion KRW.
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] South Korean private equity firm MBK Partners will acquire Japan's well-known pharmaceutical compa ...

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Chey Tae-won's side applied for a divorce confirmation certificate, but the court rejected the application.
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] Chey Tae-won, Chairman of SK Group, applied for a divorce confirmation certificate with Noh Soo-yo ...

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LS Cable & System has secured its first submarine cable supply contract on the West Coast of the United States.
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] LS Cable & System announced on the 2nd that it has signed a contract worth 100 billion KRW wit ...

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Naver CEO Soo-Yeon Choi stated, "We will not sell our stake related to Line in the short term."
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] Naver CEO Soo-Yeon Choi stated on the 2nd that the company would not sell its stake related to Lin ...

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"Hyundai Motor's Indian subsidiary to raise up to 4.8 trillion won through IPO, marking India's largest."
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] Hyundai Motor's Indian subsidiary is set to raise up to $3.5 billion (approximately 4.85 trilli ...

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Lee Kuk-hwan, CEO of Woowa Bros, which runs Baedal Minjok, resigned.
Reporter Kim Jisun 2024.07.03
[Alpha Biz= Reporter Kim Jisun] Woowa Bros announced on the 2nd that CEO Lee resigned for personal reasons. CEO Lee has been in of ...

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Hanwha Securities has lowered Hyundai Engineering & Construction's target stock price from 45,000 KRW to 40,000 KRW.
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] Hana Securities lowered Hyundai Construction's target price from 45,000 to 40,000 Korean won on ...

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The National Pension Service's stake in E-Mart has decreased to 5.89%, while its stake in Shinsegae remains in the 10% range.
Reporter Kim SangJin 2024.07.03
[Alpha Biz= Reporter Kim Sangjin] E-Mart announced that the National Pension Service's stake in the company has decreased from 7.9 ...

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Korean Air has stated that U.S. competition authorities have not requested the transfer of slots.
Reporter Kim SangJin 2024.07.03
[Alpha Biz= Reporter Kim Sangjin] Korean Air has stated that the U.S. competition authorities (DOJ) have not requested the transfe ...

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Choi Jong-hwan, the CEO of Paradise Group, announced that they plan to build a top-tier hotel in Seoul.
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] On the 2nd, Choi Jong-hwan, the CEO of Paradise Group, announced plans to build a top-tier hote ...

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Kwangdong Pharmaceutical acquires Precision Biosensor, a company specializing in in vitro diagnostic devices
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] Kwangdong Pharmaceutical announced on the 2nd that it has signed a stock trading contract to ac ...

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Hyosung Discusses Future Business Cooperation with Vietnamese Prime Minister
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] Hyosung Group Chairman Cho Hyun-joon and Vice Chairman Cho Hyun-sang of HS Hyosung Group met wi ...

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Naver's market capitalization has plummeted by 6.3 trillion KRW in just two months, with its stock price falling below 160,000 KRW during trading.
Reporter Kim SangJin 2024.07.03
[Alpha Biz= Reporter Kim Sangjin] According to the financial investment industry on the 2nd, Naver's stock price closed at 159,000 ...

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LIG Nex1, after reaching its highest stock price ever, saw an 11% plunge due to profit-taking.
Reporter Kim SangJin 2024.07.03
[Alpha Biz= Reporter Kim Sangjin] On the 2nd, LIG Nex1 experienced a sharp decline of over 11%, closing at 195,700 KRW due to prof ...

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