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Hong Min-taek, who led the growth of Toss Bank, resigns next month
Reporter Paul Lee 2024.02.16
[Alpha Biz=(Chicago) Reporter Paul Lee] Hong Min-taek, the first bank president of Internet bank Toss Bank, will step down from th ...

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Prosecutors raided BNP Paribas and HSBC on charges of "illegal naked short selling."
Reporter Paul Lee 2024.02.16
[Alpha Biz=(Chicago) Reporter Paul Lee] Prosecutors have launched a forced investigation into BNP Paribas and HSBC, which are susp ...

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Mirae Asset Asset Management signed a memorandum of understanding (MOU) with Bloomberg to expand its global business
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Mirae Asset Asset Management announced on the 15th that it has signed a business agreemen ...

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Naver Kakao Coin integrated issuance confirmed
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] The merger of 'NAKAO (Naver + Kakao) Coin', known as the first merger and acquisition (M ...

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Coin exchange Bithumb's account partnership with Kookmin Bank has been canceled
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Bithumb, the nation's second-largest virtual asset exchange, has faced difficulties in tr ...

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Kookmin, Shinhan and Hana Bank have imposed heavy penalties for some suspension of business due to violations of the Foreign Exchange Transaction Act
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Financial firms that helped illegal foreign exchange transactions worth trillions of won ...

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Naver Pay has lowered insurance premiums by an average of 270,000 won with auto insurance comparison and recommendation services
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Naver Pay announced on the 15th that the number of insurance premiums compared through it ...

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Eugene E&T has completed acquiring a stake in YTN
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Eugene ENT, an affiliate of Eugene Group, announced on the 15th that it has completed the ...

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Even if Kakao's sales exceed 8 trillion won, the operating profit gap with Naver will triple
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao achieved record-high sales despite the worst crisis since its foundation last year. ...

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Asiana Airlines recorded record-high sales last year
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Asiana Airlines announced on the 15th that it recorded sales of 6.5321 trillion won and o ...

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Wage negotiations between labor and management of Samsung Display broke down
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Wage negotiations between Samsung Display's labor and management have broken down, prompt ...

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Coupang's internal employee-Korean Confederation of Trade Unions official leaked confidential data to MBC
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] Coupang said internal employees and officials of the Korean Confederation of Trade Unions ...

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LG Energy Solution will produce 'Tesla Battery' in Ochang as early as August
Reporter Kim Jisun 2024.02.16
[Alpha Biz=(Chicago) Reporter Kim Jisun] LG Energy Solution will produce 'Tesla Battery' in Ochang as early as AugustLG Energy Sol ...

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“Galaxy is coming out in the 300,000 won range”… Samsung launches 4 types of mid-priced phones this year
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Samsung Electronics will introduce a series of low-end smartphones in the first half of th ...

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Coupang refuted the report on the ‘blacklist suspicion’, saying it was a malicious report.
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Coupang refuted a broadcaster's report on the 14th, calling it a "malicious report."On the ...

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Harim Holdings saw its operating profit fall 39.8 percent on-year to 566.4 billion won last year
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Harim Holdings announced on the 14th that its consolidated operating profit fell 39.8% yea ...

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Nice Credit Rating has upgraded the credit ratings of Ecoprobm and Ecopro
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Nice Credit Rating said on the 14th that it will raise the credit ratings of secondary bat ...

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Carlyle Group pursues sale of 1.2% stake in KB Financial in block deal... worth KRW 320 billion
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Global private equity fund (PEF) Carlyle Group will sell its stake in KB Financial Group w ...

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Three internet banks surpass ‘100 trillion won in assets’
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] The three Internet banks surpassed '100 trillion won in assets'As of the end of last year, ...

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Prosecutors have indicted 16 people per day for "manipulating stock prices at Youngpoong Paper."
Reporter Paul Lee 2024.02.15
[Alpha Biz=(Chicago) Reporter Paul Lee] Hwang Woo-jin, a human rights protection officer and public information officer at the Seo ...