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Jeong Yong-won, CEO of KG Mobility, announces his resignation over ‘suspicion of embezzlement’
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] KG Mobility CEO Chung Yong-won, who is under police investigation for alleged embezzlemen ...

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HDC Hyundai Development lost the Asiana contract cancellation '250 billion won' lawsuit
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] The second trial court also ruled in favor of Asiana Airlines in a lawsuit filed by Asian ...

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Kakao failed to achieve 8 trillion won in sales
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] According to a business report submitted by Kakao on the 20th, consolidated sales and ope ...

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Samsung supplies 1 trillion won of AI accelerator to Naver
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Electronics will deliver 200,000 'MACH-1', an artificial intelligence accelerator ...

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Samsung Display's first dividend since its launch ... 5.6 trillion won to Samsung Electronics
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Display will allocate KRW 5 trillion to Samsung Electronics as it implements its ...

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Korean Air will purchase 33 cars, including Airbus A350-1000
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] Korean Air announced on the 21st that it will purchase 33 Airbus mid- to large-sized airc ...

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CJ Olive Young's sales reached nearly 4 trillion won last year
Reporter Kim Jisun 2024.03.22
[Alpha Biz=(Chicago) Reporter Kim Jisun] CJ Olive Young's sales reached nearly 4 trillion won last year, beating AmorePacific and ...

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Kookmin Bank is conducting a full ELS survey in Hong Kong
Reporter Kim SangJin 2024.03.21
[Alpha Biz=(Chicago) Reporter Paul Lee] KB Kookmin Bank announced on the 20th that it is currently conducting a full survey on the ...

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Naver is ranked third in Asia-Pacific innovation companies by the US Fast Company
Reporter Kim SangJin 2024.03.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Naver was ranked among the top three "Most Innovative Asia-Pacific Companies in 2024" rele ...

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Hana Securities lowered its target JYP stock price by 25%
Reporter Kim SangJin 2024.03.21
[Alpha Biz=(Chicago) Reporter Paul Lee] Hana Securities lowered its target price of JYP Ent by 25% on the 20th, saying its fourth- ...

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LG Display: “There is no confirmation on the sale of the Guangzhou factory in China.”
Reporter Kim Jisun 2024.03.21
[알파경제=Kim Jisun Reporter] In response to media reports that it is speeding up the sale of its Chinese plant, LG Display said, "We ...

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Suspicions have been raised that Koo Yeon-kyung, head of the LG Welfare Foundation, the daughter of the late Koo Bon-moo, the former chairman of LG Group, used undisclosed information to acquire shares.
Reporter Kim SangJin 2024.03.21
[알파경제=Paul Lee Reporter] Suspicions have been raised that Koo Yeon-kyung, head of the LG Welfare Foundation, the daughter of the l ...

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Kwon Do-hyung, head of Terraform Labs, has been confirmed to be repatriated to Korea.
Reporter Kim SangJin 2024.03.21
[알파경제=Paul Lee Reporter] Kwon Do-hyung, CEO of Terraform Labs, who suffered great damage to the virtual currency market due to the ...

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Hana Securities raised its target price of LS ELECTRIC from 100,000 won to 115,000 won.
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hana Securities raised its target price of LS ELECTRIC from 100,000 won to 115,000 won on ...

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Net profit of foreign banks' domestic branches reached 1.6 trillion won last year, up 6 percent from a year earlier
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Net profit of foreign banks' domestic branches reached 1.6 trillion won last year, up 6 p ...

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Kakao and K-Bank earned 11.2 billion won in deposit and withdrawal fees last year
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] K-Bank and Kakao Bank raised 11.2 billion won in commission income through the "real-name ...

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Shinsegae International acquired 17 billion won in treasury shares
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Shinsegae International held a board meeting on the 20th and announced that it decided to ...

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Wemade has signed an official license agreement with MLB for 'Fantastic Baseball' global service
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Wemade announced on the 20th that it has signed a formal license agreement with MLB (Majo ...

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Chairman Shin Dong-bin received a total of 17.7 billion won from Lotte Holdings and four affiliates last year
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Lotte Group Chairman Shin Dong-bin received about 17.7 billion won in annual salary from ...

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Kakao has increased by 43 in a year to 218 domestic and foreign affiliates
Reporter Kim Jisun 2024.03.21
[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao has 218 affiliates at home and abroad as of the end of last year. There were 138 do ...