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Hyundai Glovis Receives AA+ Credit Rating from Korea Credit Rating Agency
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] Hyundai Glovis Achieves AA+ Credit Rating from Korea Credit Rating AgencyHyundai Glovis announce ...

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Amazon Starts Selling Hyundai Cars in the U.S.
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] Amazon in the United States has started selling Hyundai cars, making it the first time Hyundai v ...

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Korea's Government Moves Forward with Sale of NXC Shares
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] The South Korean government has initiated the process of selling its stake in NXC, the holding com ...

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Lee Jung-jae's Artist United Denies Allegations of Improper Trading, Threatens Legal Action Over False Reporting
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Actor Lee Jung-jae’s company, Artist United (formerly Wider Planet), has once again denied allegat ...

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Coupang Play Denies Involvement in Seized Materials, Police Investigate Employee for Alleged Corporate Espionage
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Coupang Play has clarified that the ongoing police investigation into an employee accused of steal ...

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Korea Zinc Fined 65 Million KRW for Disclosure Violation After Withdrawing Capital Increase Plan
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Korea Zinc, currently engaged in a management dispute with the Youngpoong-MBK Partners alliance, h ...

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LS Cable Secures 907.3 Billion KRW Offshore Wind Project Contract in Germany
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] On December 11, LS Cable announced that it has signed a contract with TenneT Offshore, the German ...

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GC Biopharma Acquires U.S. Blood Centers for 138 Billion KRW to Secure Plasma Supply Chain
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] On December 11, Green Cross Holdings announced its acquisition of the entire 100 million shares of ...

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Korean Air Finalizes Asiana Airlines Acquisition After 4 Years, Creating Global Aviation Giant
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Korean Air will finalize its acquisition of Asiana Airlines on December 12, marking the end of a 4 ...

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Kioxia to List on Tokyo Stock Exchange with Market Cap of ¥780 Billion
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] Kioxia, the world's third-largest NAND flash manufacturer (formerly Toshiba Memory), is set to l ...

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Korea Credit Rating Upgrades LG CNS Outlook
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] Following Korea Ratings' decision to improve LG CNS's credit outlook, Korea Credit Rating Agency ...

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Financial Supervisory Service Conducts Major Reshuffle, Promotes New Generational Leadership
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] On the 10th, the Financial Supervisory Service (FSS) carried out an extensive reshuffle, replaci ...

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KB Kookmin Bank Reports 14.7 Billion Won Financial Scandal
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] KB Kookmin Bank announced on the 10th that it has experienced three financial scandals totaling ...

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Bodyfriend Fined 46 Million Won for False Advertising of Memory-Boosting Claims
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] On the 10th, the Fair Trade Commission (FTC) imposed a fine of 46 million won and issued a corre ...

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Court Overturns Broadcasting Regulator's Sanctions Against MBC
Reporter Kim SangJin 2024.12.11
[Alpha Biz= Reporter Kim Sangjin] The Seoul Administrative Court ruled on the 10th that the broadcasting regulator's (KCC) legal s ...

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Korea Aerospace Industries (KAI) Extends Supply Contract with Boeing for B737 MAX Tail Structures
Reporter Kim Jisun 2024.12.11
[Alpha Biz= Reporter Kim Jisun] Korea Aerospace Industries (KAI) announced on the 10th that it has signed an extended supply contr ...

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Naver Post to End in April 2025, Marking the End of 12 Years of Service
Reporter Kim Jisun 2024.12.11
[Alpha Biz= Reporter Kim Jisun] Naver’s mobile user-generated content (UGC) platform, "Post," will end its service after 12 years, ...

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OCI Energy Signs MOU with CPS Energy to Supply Power through Energy Storage Systems (ESS)
Reporter Kim Jisun 2024.12.11
[Alpha Biz= Reporter Kim Jisun] OCI Energy Signs MOU with CPS Energy for Power Supply through Energy Storage Systems (ESS)OCI Ener ...

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POSCO Holdings Partners with Hancock to Establish Lithium Plant with 30,000-Ton Production Capacity
Reporter Kim Jisun 2024.12.11
[Alpha Biz= Reporter Kim Jisun] POSCO Holdings is partnering with Australian mining company Hancock to establish a lithium plant. ...

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Generational Shift Speeds Up Promotions for Korea’s Top 100 Group Owners, but Fewer Hold Executive Director Positions
Reporter Kim Jisun 2024.12.11
[Alpha Biz= Reporter Kim Jisun] The promotion of high-ranking positions among owner-managers in the top 100 domestic conglomerates ...