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Korea Ratings Downgrades Samjong Securities’ Credit Rating to 'BBB/Negative'
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] On November 17th, Korea Ratings announced that it has downgraded Samjong Securities’ credit rati ...

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Electric Vehicle-Related Stocks Plunge Following News of Potential Policy Changes from Trump’s Transition Team
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] Stocks of electric vehicle (EV) related companies saw a sharp decline, with many hitting 52-week ...

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National Pension Service to Invest 1.6 Trillion KRW in Domestic Real Estate
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] The National Pension Service (NPS) is set to invest approximately 1.6 trillion KRW in the domest ...

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Domestic Smartphone Shipments Drop by 10% in Q3 Due to Foldable Phone Weakness
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] In the third quarter of this year, domestic smartphone shipments in South Korea saw a 10.7% declin ...

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Kakao Mobility's Fine Reduced from 724 Billion KRW to 151 Billion KRW
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] Kakao Mobility's fine, imposed for allegedly engaging in "call blocking abuse" against competitors ...

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Hanwha Systems Announces Capital Increase for U.S. Subsidiary HS USA Holdings
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] On the 17th, Hanwha Systems (272210) announced through the electronic disclosure system that it wo ...

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POSCO Avoids First-Ever Strike with Tentative Wage Agreement
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] POSCO has averted its first strike in 56 years as the labor union and management reached a tentati ...

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Maeil Milk Suspended for 1 Month... Cleaning Solution Contamination Suspected Due to Worker Error
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] The contamination of cleaning solution in certain 200ml Maeil Original Sterilized Milk products wa ...

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Samsung Biologics Signs ₩1.112 Trillion CMO Contract with U.S. Pharmaceutical Company
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] Samsung Biologics announced on the 17th that it has signed a contract manufacturing organization ( ...

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LG Electronics to Retire 760,000 Treasury Shares Next Year
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] LG Electronics unveiled its second corporate value enhancement plan (Value-Up Program) on the 17th ...

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"LG Energy Solution in Talks with India's JSW Energy for EV Battery Production Joint Venture"
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] LG Energy Solution is reportedly in negotiations with India's JSW Energy to establish electric veh ...

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Samyang Foods to Build Its First Overseas Factory in China Amid Buldak Ramen Craze
Reporter Kim Jisun 2024.12.17
[Alpha Biz= Reporter Kim Jisun] Samyang Foods, renowned for its global hit Buldak Bokkeum Myeon (Spicy Chicken Noodles), announced ...

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Shinhan Bank Announces Voluntary Retirement Program Targeting Employees of Specific Age Groups
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] Shinhan Bank has recently launched a voluntary retirement program for specific groups of employe ...

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IKEA Cancels Plan for Asia's Largest Logistics Hub in Pyeongtaek, South Korea
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] IKEA has decided to cancel its plan to build the largest logistics hub in Asia in Pyeongtaek, Gy ...

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LG Household & Health Care Subsidiary Coca-Cola Beverage Implements Voluntary Retirement Program
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] Coca-Cola Beverage, responsible for the production and distribution of Coca-Cola in South Korea, ...

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Impeachment of President Yoon Eases Political Uncertainty, but South Korean Stock Market Remains Volatile
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] The impeachment motion against President Yoon Suk-yeol passed in the National Assembly, easing s ...

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Prosecutors Raid Securities Firms in Investigation of Alleged 'Bond Rolling' Scandal
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] Prosecutors have launched a large-scale raid on securities firms as part of an investigation int ...

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Maeil Dairy Apologizes for Contaminated Milk Incident at Gwangju Factory, Recalls Affected Products
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] The controversy surrounding the "cleaning water" in Maeil Dairy's Gwangju factory has revealed t ...

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Prosecutors Indict LS Securities Executive for Using Insider Information
Reporter Kim SangJin 2024.12.17
[Alpha Biz= Reporter Kim Sangjin] Prosecutors have indicted an executive from LS Securities (formerly eBest Investment Securities) ...

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Major Fire Breaks Out at Kolon Life Science Gumi Factory Again, Six Months After Previous Incident
Reporter Kim Jisun 2024.12.17
[Alpha Biz= Reporter Kim Jisun] Kolon Life Science Gumi Factory Catches Fire Again, Six Months After Previous IncidentA fire broke ...