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Samsung C&T Reports 3.9% Increase in 2024 Operating Profit, Announces Stock Buyback and Dividend Plans
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Samsung C&T announced on Wednesday that its operating profit for the previous year reached 2.9834 trill ...

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Noroo Paint Halts Sales of Watercolor Plus Amid Controversy Over Solvent-Based Claims
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Noroo Paint announced on Wednesday that it would cease sales of its automotive refinishing paint, Watercolo ...

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11 Vehicle Models, Including Hyundai Porter II EV and Tesla Model Y, Recalled for Safety Defects
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] The Ministry of Land, Infrastructure and Transport announced on the 23rd that 11 vehicle models from Hyunda ...

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Fair Trade Commission Imposes Record Fines of Over ₩550 Billion in 2023, Coupang Tops List
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] The Fair Trade Commission imposed over 550 billion won in fines (including penalties) on companies last y ...

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Naver and Kakao Labor Unions Enter Wage Negotiations This Month
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] The labor unions of Naver and Kakao are set to begin wage negotiations this month, with both companies havi ...

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DL Construction to Vacate Yeouido Office in June
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] DL Construction, a subsidiary of DL E&C, is set to leave its Yeouido office.According to industry sourc ...

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Trump's Tariff Decision Puts Korean Firms in Mexico and Canada on Alert
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] U.S. President Donald Trump has formalized a 25% tariff on products from Mexico and Canada, raising alarms ...

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Naver’s Resale Platform ‘Kream’ Faces Backlash Over Customer Data Transfer to Chinese Firm
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Naver’s resale platform, Kream, has announced plans to transfer customer data to a Chinese company, sparkin ...

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LG Display CEO Jung Chol-dong Purchases Company Shares as Part of Responsible Management
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Jung Chol-dong, CEO of LG Display, has decided to purchase company shares as part of his commitment to resp ...

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Hyundai and Kia to Expand Hybrid Production at Georgia EV Plant
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Hyundai Motor and Kia are considering significantly expanding hybrid production facilities at their new ele ...

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Hyundai Steel Union Launches Partial Strike, Halts Production at Multiple Plants
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] The Hyundai Steel labor union began a partial strike on Tuesday at 7 a.m., halting operations at the cold r ...

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Cryptocurrency Exchanges to Pay Record Compensation of Over 3 Billion KRW Following System Failures on Martial Law Day
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] Cryptocurrency Exchanges to Pay Record 3 Billion KRW in Compensation for System Failures on Martial Law D ...

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KB Kookmin Bank Employee Sentenced for Insider Trading, Profiting Nearly 5 Billion Won
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] A KB Kookmin Bank employee who illegally earned approximately 5 billion won using insider information was ...

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FSS Investigates ₩240 Billion Loan Scandal at IBK, Eyes Employee Collusion
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) is set to conclude its on-site investigation into IBK Industrial ...

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Kiwoom Securities Cuts Nexen Tire's Target Price by 37% Amid Disappointing Q4 Earnings Forecast
Reporter Kim SangJin 2025.01.21
[Alpha Biz= Kim Sangjin] Kiwoom Securities has lowered its target price for Nexen Tire by 37%, anticipating that the company will ...

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Daemyung Sono Group Sends Management Improvement Request to T’way Air, Signaling Escalation in Control Dispute
Reporter Kim Jisun 2025.01.21
[Alpha Biz= Kim Jisun] Daemyung Sono Group has reportedly sent a management improvement request to the current leadership of T’way ...

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Neptune Completes Acquisition of Mobile Game Developer 'Phantom' with 51.37% Stake
Reporter Kim SangJin 2025.01.21
[Alpha Biz= Kim Sangjin] Neptune announced on Monday that it has completed the acquisition of 51.37% of the shares in Phantom, a m ...

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South Korea in Final Talks with Vietnam for $300M K9 Self-Propelled Howitzer Deal
Reporter Kim Jisun 2025.01.21
[Alpha Biz= Kim Jisun] The South Korean government and domestic defense companies are reportedly in the final stages of negotiatio ...

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IMM Private Equity Exits Woori Financial Stake After 9 Years, Achieving 2.4x Return
Reporter Kim Jisun 2025.01.21
[Alpha Biz= Kim Jisun] IMM Private Equity (IMM PE), a major domestic private equity firm, has fully divested its stake in Woori Fi ...

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Foreign Ownership of Samsung Electronics Drops, Threatening 50% Threshold Amid HBM Technology Lag
Reporter Kim Jisun 2025.01.21
[Alpha Biz= Kim Jisun] Foreign Investment in Samsung Electronics Declines, Threatening 50% Ownership ThresholdThe trend of foreign ...