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Financial Supervisory Service Prepares Systems to Combat Illegal Short-Selling Ahead of March Resumption
Reporter Kim SangJin 2024.12.31
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) announced on Monday that it will continue to build its systems an ...

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Financial Supervisory Service Issues Sanctions on Gwangju Bank for Internal Control Failures and Reporting Violations
Reporter Kim SangJin 2024.12.31
[Alpha Biz= Kim Sangjin] Gwangju Bank, which underwent a regular inspection by the Financial Supervisory Service (FSS) two years a ...

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Korea Exchange Signs Market-Making Agreements with Nine Securities Firms for 2024
Reporter Kim SangJin 2024.12.31
[Alpha Biz= Kim Sangjin] The Korea Exchange (KRX) announced on Monday that it has signed market-making agreements with a total of ...

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Ministry of Land, Infrastructure, and Transport Orders Strengthened Safety Measures for All Airlines Following Recent Accident
Reporter Kim Jisun 2024.12.31
[Alpha Biz= Kim Jisun] The Ministry of Land, Infrastructure, and Transport (MOLIT) has directed all domestic airlines to reinforce ...

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Dongwon F&B Announces 165 Billion KRW Investment for Expansion of Beverage and Chilled Food Businesses
Reporter Kim SangJin 2024.12.31
[Alpha Biz= Kim Sangjin] Dongwon F&B announced on the 30th that it will invest 165 billion KRW in new facilities to expand its ...

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Ministry of Food and Drug Safety Acknowledges Workplace Harassment Following Intern's Death
Reporter Kim Jisun 2024.12.31
[Alpha Biz= Kim Jisun] In September, an intern at the Ministry of Food and Drug Safety (MFDS) tragically died by suicide, and it h ...

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Hanwha Aerospace Secures Additional Order for 100 K9 Self-Propelled Howitzers from India
Reporter Kim Jisun 2024.12.31
[Alpha Biz= Kim Jisun] Hanwha Aerospace has confirmed an additional supply of 100 K9 self-propelled howitzers to India, following ...

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Daishin Securities Adjusts Amorepacific's Target Price to KRW 140,000, Maintains 'BUY' Rating
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] Daishin Securities has maintained its 'BUY' rating for Amorepacific, but lowered its target price from KR ...

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Costco Continues to Outpace Competitors as Homeplus Struggles with Losses and Store Closures
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] Costco is maintaining its growth momentum while traditional retailers like hypermarkets and department st ...

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NH Investment & Securities Lowers Hyundai Steel's Target Price by 20% Amid Exchange Rate Surge and Weak Steel Demand
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] NH Investment & Securities lowered its target price for Hyundai Steel from 40,000 KRW to 32,000 KRW, ...

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Jeju Air Flight Crashes During Landing at Muan Airport, Resulting in Fire and Damage
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] Jeju Air, the low-cost airline (LCC) that operated the aircraft involved in the accident at Muan Airport, ...

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Won Plunges 5% in One Month, Hitting 15-Year High Against the Dollar Amid Political and Economic Instability
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] The value of the Korean won has plunged 5% in a month, with the exchange rate hitting the highest level i ...

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Naver and Dunamu to Shut Down KBO's Official NFT Platform 'K-Collect' Amid Market Decline
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] Naver and Dunamu's jointly operated official NFT platform for the Korea Baseball Organization (KBO), "K-C ...

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Declining Popularity of ETFs Investing in Major Korean Conglomerates Amid Weak Stock Market
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] The popularity of Exchange-Traded Funds (ETFs) investing in major South Korean conglomerates, such as Sam ...

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MBK-Backed Fund's Korea Zinc Acquisition Faces Controversy Over Foreign Capital Involvement
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] According to the industry on Sunday, the 6th fund, which is the acquirer of Korea Zinc, backed by MBK, is ...

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LG Energy Solution Increases R&D Investment to Record High Despite Electric Vehicle Demand Slowdown
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] LG Energy Solution has increased its research and development (R&D) investment to a record high despite ...

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Naver Pay Expands QR Payment Service to All of Mainland China, Integrates with WeChat Pay
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Naver Pay has expanded its QR payment service to all of mainland China, enabling users to make payments via ...

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SK hynix System IC Initiates Workforce Restructuring Amid Legacy Semiconductor Downturn
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] SK hynix System IC, the foundry subsidiary of SK hynix, has begun a company-wide restructuring process, cit ...

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Jeju Air Plane Involved in Muan Airport Accident Operated Non-Stop for 48 Hours
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] The Jeju Air aircraft involved in the accident at Muan Airport on Friday had made 13 flights across eight a ...

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Kakao Faces Delays in Testing Its Ambitious AI Mate Service ‘Kanana’
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Kakao’s much-anticipated AI mate service, "Kanana," will miss its originally planned internal testing timel ...