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Korean Stock Exchange Yet to Decide on Suspension Amid Emergency Martial Law Declaration
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Following President Yoon Suk-yeol's declaration of emergency martial law on the 3rd, the Korea E ...

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IT Companies Opt for Remote Work Amid President Yoon's Emergency Martial Law Declaration
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] In response to the declaration of emergency martial law by President Yoon Suk-yeol, several majo ...

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SM Group's Chairman's Son, Woo Ki-won, Faces Allegations of "Land Locking" in Real Estate Deal
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Woo Ki-won, the only son of SM Group Chairman Woo Oh-hyun and CEO of SM HiPlus, has become embro ...

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Lotte Chemical Suspends Operations at Some Lines in Yeosu Plant Amid Liquidity Concerns
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Lotte Chemical, at the center of Lotte Group's liquidity issues, has suspended operations at cer ...

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Bang Si-hyuk Contract Controversy Affects Mirae Asset Securities' Attempt to Sell HYBE’s 400 Billion Won CB
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Mirae Asset Securities is in the process of offloading 400 billion won worth of convertible bond ...

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Hyundai Ioniq 5, BMW 520i Among 84 Models Recalled, Affecting 298,000 Vehicles
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] A recall has been initiated for 84 car models, including Hyundai Motor's IONIQ 5 and BMW Korea's ...

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Life Insurers Fined for Unfair Insurance Replacement Practices
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Several South Korean life insurance companies have been fined for engaging in “unfair replacemen ...

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7 Out of 10 Major Corporations in South Korea Uncertain or Without Investment Plans for 2025
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] A recent survey revealed that 7 out of 10 major South Korean companies have either no plans or are ...

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Korean Air to Finalize Acquisition of Asiana Airlines on December 11
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] After over four years of navigating merger procedures, Korean Air is set to officially acquire Asi ...

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LG Energy Solution to Acquire GM Joint Venture Battery Plant in U.S.
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] As the U.S. prepares for the start of Donald Trump’s second administration, LG Energy Solution (LG ...

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Shinhan Investment Raises Kakao Pay Target Price, Projects Significant Earnings Improvement in 2024
Reporter Kim SangJin 2024.12.04
[Alpha Biz= Reporter Kim Sangjin] Shinhan Investment Corp. has maintained its "Buy" rating on Kakao Pay, raising its target price ...

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KFTC Fines Celltrion 430 Million Won for Improper Profit Transfer to Affiliates
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) has imposed a corrective order and a fine of 430 million wo ...

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Samsung, LG, and Hyundai Invest in AI Semiconductor Startup Tenstorrent
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Samsung, LG, and Hyundai Motor Group have invested in Tenstorrent, a Canadian AI semiconductor sta ...

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Hanmi Group Faces Legal Battle Over Holding Company Voting Rights
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] A four-party alliance, including Shin Dong-guk, Chairman of Hanyang Precision, and the mother-daug ...

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Lawyer Accused of Defaming SK Group Chairman Chey Tae-won Faces Police Follow-up Investigation
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Prosecutors have requested a supplementary investigation into lawyer Lee, who was charged with def ...

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Naver Café Faces Service Disruption Amid Traffic Surge Following Martial Law Declaration
Reporter Kim Jisun 2024.12.04
[Alpha Biz= Reporter Kim Jisun] Naver Café has experienced access difficulties following President Yoon Suk-yeol’s emergency decla ...

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Min Hee-jin Files Lawsuits Against Hybe Executives and Dispatch Reporters Over NewJeans 'Tampering' Allegations
Reporter Kim SangJin 2024.12.03
[Alpha Biz= Reporter Kim Sangjin] Min Hee-jin, former CEO of ADOR and former representative of Hybe, has initiated multiple lawsui ...

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Asiana Airlines: "Passengers Must Stow Luggage in Overhead Bins Themselves"
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines announced a policy change requiring passengers to store their carry-on luggage in ...

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Police and Labor Ministry Conduct Raid in Connection to Fatal Accident at Hyundai Motor's Ulsan Plant
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] The police and the Ministry of Employment and Labor conducted a raid on December 2 related to a re ...

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Korean AI Semiconductor Startup Rebellions Officially Launches Following Merger with Sapeon Korea
Reporter Kim Jisun 2024.12.03
[Alpha Biz= Reporter Kim Jisun] Rebellions, a leading South Korean AI semiconductor startup, announced on the 2nd that it has comp ...