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Lee Bok-hyun, the head of the Financial Supervisory Service, will hold an official meeting with bank executives on the 18th.
Reporter Kim SangJin 2024.06.14
[Alpha Biz= Reporter Kim Sangjin] Lee Bok-hyun, the head of the Financial Supervisory Service, will hold an official meeting with ...

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Nongshim plans to invest 229 billion KRW to build a new logistics center in Ulsan by 2027.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Nongshim has announced plans to build a new logistics center in Ulsan in response to the expansion ...

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The FSS plans to impose strict sanctions on Woori Bank if the allegations are proven through on-site inspections.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] Woori Bank is once again at the center of controversy due to embezzlement amounting to hundreds ...

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Hyundai Transys is set to supply integrated Electric Drive Systems (EDS) worth 3 trillion KRW to Saudi Arabian electric vehicle (EV) manufacturer Ceer.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Hyundai Transys has announced a significant deal to supply integrated Electric Drive Systems (EDS) ...

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Securities firms' net profit for the first quarter was 2.5 trillion won
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] Securities firms recorded a combined net profit of 2.5 trillion won in the first quarter, thanks ...

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Internal control evaluations at Samsung, Hanwha, and Hyundai Motor are becoming more stringent.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] The Financial Services Commission has strengthened the internal control evaluation weight for co ...

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SK Telecom (SKT) is merging its AI semiconductor business, Sapeon, with Rebellions to establish a leading AI semiconductor company in South Korea.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] On June 12, SK Telecom (SKT) and AI semiconductor startup Rebellions announced their plan to merge ...

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Mirae Asset Securities sells Yeouido Building to Woori Finance
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] The owner of Mirae Asset Securities' Yeouido office in Seoul will be changed to Woori Financial ...

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Samsung Electronics is integrating its North American Artificial Intelligence (AI) Research Center and hiring former Apple executives.
Kim Minyoung 2024.06.13
[Alpha Biz= Reporter Kim Minyoung] According to Bloomberg, Samsung Electronics is consolidating its North American Artificial Inte ...

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KB Securities has raised its target price for LG Electronics due to growth in its B2B performance.
Kim Minyoung 2024.06.13
[Alpha Biz= Reporter Kim Minyoung] KB Securities raised its target price for LG Electronics from the previous 150,000 won to 160,0 ...

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Hyosung Heavy Industries and POSCO International are set to expand and establish new overseas plants.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Hyosung Heavy Industries and POSCO International are strengthening their local production to targe ...

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MBK Partners stepping out of the acquisition battle for Asiana Airlines cargo, with Meritz Securities poised to participate, is the forecast.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] According to financial and aviation industry sources on the 13th, it is forecasted that MBK Part ...

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Hyundai Securities stated that the operating profit of four entertainment companies decreased by 23% in the second quarter.
Kim Minyoung 2024.06.13
[Alpha Biz= Reporter Kim Minyoung] It is forecasted that entertainment agencies listed on the domestic stock market will report we ...

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The Hek Buldak Extra Spicy Roasted Chicken Ramen is being recalled in Denmark.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] According to a report by the UK's BBC on the 11th (local time), the Danish Veterinary and Food Adm ...

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Hanmi Semiconductor beat LG Electronics to rank 20th in KOSPI market capitalization on the 12th.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] Hanmi Semiconductor, which is on a high march thanks to the global artificial intelligence (AI) ...

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Hong Won-sik, former chairman of Nam Yang Dairy, has filed a lawsuit demanding approximately 444 billion won in retirement benefits from the company.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Former Nam Yang Dairy chairman Hong Won-sik, who stepped down from his managerial role, has filed ...

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Hite Jinro has purchased land in Cheongdam-dong for 1.298 billion won.
Reporter Kim SangJin 2024.06.13
[Alpha Biz= Reporter Kim Sangjin] On the 12th, Hite Jinro announced that it will acquire land and buildings in Cheongdam-dong, Gan ...

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Doosan Bobcat has entered the global top 10 for construction machinery for the first time.
Reporter Kim Jisun 2024.06.13
[Alpha Biz= Reporter Kim Jisun] Doosan Bobcat has successfully entered the top 10 in the global construction machinery market for ...

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Six automakers, including Kia and Porsche, will implement corrective actions (recalls) for 17 models due to manufacturing defects.
Kim Minyoung 2024.06.12
[Alpha Biz= Reporter Kim Minyoung] The Ministry of Land, Infrastructure and Transport announced on the 13th that it has identified ...

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Emart's stock hit its lowest price since listing
Kim Minyoung 2024.06.12
[Alpha Biz= Reporter Kim Minyoung] Emart recorded its lowest price since its listing in 2011.As of 1:46 p.m. on the 12th, Emart is ...
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