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Prosecutors are summoning the head of Kakao Entertainment for the first time, who is suspected of acquiring a high-priced drama production company
Reporter Kim Jisun 2024.01.25
.[Alpha Biz=(Chicago) Reporter Kim Jisun] Prosecutors investigating Kakao's "alleged acquisition of a high-priced drama production ...

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Wemade claimed an additional 93.4 billion won in damages from Actoz Soft.
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Actozsoft announced on the 25th that Wemade, which is in a copyright dispute over IP, has ...

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LS Electric supplies transformers in large quantities to the United States
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] LS Electric supplies 120 billion won worth of power facilities to renewable energy genera ...

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There is controversy as the Fair Trade Commission plans to hold a platform law meeting without Google, Meta, and Apple.
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Fair Trade Commission, which is seeking to enact a platform competition promotion law ...

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Hyundai Motor Company and Kia Motors recently told their employees, “Never give a car with an employee discount to someone else.”
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] "Never give someone a car with employee discount."Hyundai Motor and Kia recently announce ...

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A voluntary recall is underway in GC Green Cross' blood product 'Albumin' products due to coagulation.
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Some products of GC Green Cross' blood product 'albumin' have shown coagulation, and the ...

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SK Group Chairman Choi Tae-won and SK won a lawsuit filed against the Fair Trade Commission's sanctions on "SK Siltron's alleged defraudation of private interests."
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] SK Group Chairman Choi Tae-won and SK Corp. won a lawsuit filed against the Fair Trade Co ...

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KT&G's outside directors are also suspected of taking luxurious overseas business trips
Reporter Kim Jisun 2024.01.25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Suspicions have been raised that KT&G spent tens of millions of won every year on oversea ...

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Daol Investment & Securities lowered the target price of Samsung Heavy Industries
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Daol Investment & Securities lowered its target share price from 12,000 won to 11,000 ...

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DB Financial Investment raised its target price for Hanwha Solutions, saying it expects growth in the new and renewable energy sector this year.
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] DB Financial Investment has raised its target price for Hanwha Solution, saying it expects ...

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Hite Jinro signed a contract for the site of the plant in Vietnam
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Hite Jinro announced on the 22nd that it has signed a contract to lease land and infrastru ...

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Cheil Worldwide's online shopping mall 'GETTT' service is terminated.
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Cheil Worldwide has decided to terminate its online shopping mall GETTT service in about t ...

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DK Techin merges with Kakao Enterprise subsidiary KEP
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] DK Techin, a subsidiary of Kakao's system integration (SI), announced on the 23rd that it ...

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Prosecutors investigating allegations that KT Group purchased stakes in Hyundai Motor affiliates at high prices have summoned former Open Cloud Lab CEO Park Sung-bin for questioning
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Prosecutors investigating allegations that KT Group bought a stake in Hyundai Motor affili ...

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Yang Hyun-suk of YG Entertainment spent 20 billion won to buy back shares, but the stock price remained unchanged
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Yang Hyun-suk, Former YG Entertainment chief, bought 20 billion won worth of treasury stoc ...

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Prosecutors have launched an investigation after finding another allegation regarding "Oneasia Partners," an asset management company in a special relationship with Kakao.
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] The prosecution, which is investigating Kakao's alleged illegal market price manipulation ...

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Eco-Pro materials weakened two days in a row due to uncertainties over the inclusion of Morgan Stanley Capital International (MSCI) in the Korea Index.
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Eco-Pro materials weakened two days in a row due to uncertainties over the inclusion of Mo ...

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HD Hyundai Energy Solution's operating profit last year was 17.5 billion won, a decrease of 80.5% from the previous year.
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] HD Hyundai Energy Solutions announced on the 23rd that its consolidated operating profit f ...

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Mirae Asset Management purchased an additional 550,000 shares of Mirae Asset Life Insurance
Reporter Paul Lee 2024.01.24
[Alpha Biz=(Chicago) Reporter Paul Lee] Mirae Asset Life Insurance's stock price has been on a modest decline since late last year ...

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Stocks related to hotels, cosmetics, and chemicals, which have a large share of exports to China, are falling.
Reporter Kim Jisun 2024.01.24
[Alpha Biz=(Chicago) Reporter Kim Jisun] According to the Korea Exchange, the KOSPI index has fallen 6.65% since the beginning of ...