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Hyundai Transys CEO to Step Down Amidst Extended Strike; New Leadership Appointments Expected in Hyundai Motor Group
Reporter Kim Jisun 2024.11.14
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor Group Plans Executive Appointments for Key Affiliates on November 15Industry sources ...

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Shinhan Securities Raises Douzone Bizon's Target Price by 13.6% to 100,000 KRW, Driven by Global AI Software Growth
Reporter Kim SangJin 2024.11.14
[Alpha Biz= Reporter Kim Sangjin] Shinhan Securities raised its target price for Douzone Bizon by 13.6% to 100,000 KRW, citing the ...

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Samsung Electronics Falls to Lowest in 4 Years and 5 Months, Dropping to 50,600 KRW
Reporter Kim SangJin 2024.11.14
[Alpha Biz= Reporter Kim Sangjin] Samsung Electronics saw a sharp decline for the fourth consecutive day on the 13th, falling to i ...

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Naver Delays Global Launch of Whale Browser to 2025 for Further Localization
Reporter Kim SangJin 2024.11.14
[Alpha Biz= Reporter Kim Sangjin] Naver's infrastructure subsidiary, Naver Cloud, has postponed the global launch of its own web b ...

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SKT to Acquire Full 24.8% Stake in SK Broadband for 1.15 Trillion Won
Reporter Kim SangJin 2024.11.14
[Alpha Biz= Reporter Kim Jisun] SK Telecom (SKT) announced on the 13th that it has signed a stock transfer agreement to acquire th ...

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Kakao's 'Gift Service' Faces Continued Errors Despite Announcement of Restoration
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] Kakao announced that its "KakaoTalk Gift Service" had been fully restored following a system error ...

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Hyundai Engineering & Construction Secures $1 Billion Power Transmission Project in Saudi Arabia
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] Hyundai Engineering & Construction (Hyundai E&C) has won a major project to build a next-g ...

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KB Securities Maintains Target Price for LIG Nex1, Expects Gradual Improvement Despite Mixed Q3 Results
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] KB Securities has maintained its "Buy" rating and target price of 310,000 KRW for LIG Nex1, desp ...

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Morgan Stanley and Merrill Lynch Fined for Illegal Short Selling
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] Morgan Stanley and Merrill Lynch Securities have been fined by financial authorities for conduct ...

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Prosecutors Raid Coupang Headquarters Over Alleged Search Ranking Manipulation
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] Prosecutors have launched a forced investigation into Coupang, which is accused of manipulating ...

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Hanmi Semiconductor to Buy Back Shares Worth 40 Billion KRW
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] Hanmi Semiconductor announced on the 12th that it has entered into a trust agreement for the pur ...

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Internal Control Personnel at Major Banks Account for Only 1% of Total Staff Amid Frequent Financial Scandals
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Jisun] In recent years, financial scandals such as embezzlement, fraud, and breach of trust have become i ...

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DL Group Initiates Sale of Glad Hotels, Expected Sale Price in the Mid-6000 Billion Won Range
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] DL Group is moving forward with the sale of its Glad Hotels.According to investment banking (IB) ...

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SPC Samlip Announces Absorption Merger of MONS Company by SPC GFS
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] SPC Samlip announced on the 12th that its subsidiary, SPC GFS, has absorbed and merged with MONS ...

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NHN Reports Q3 Operating Loss of 113.4 Billion KRW Amid Tmon-Wemep Impact
Reporter Kim SangJin 2024.11.13
[Alpha Biz= Reporter Kim Sangjin] NHN achieved a record quarterly revenue of 608.4 billion KRW in Q3, yet reported an operating lo ...

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Hironic Signs $630,000 Supply Agreement for Chinese Market Over Two Years
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] Hironic announced on the 11th that it has signed a contract with a Beijing-based distributor speci ...

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Namyang Dairy Accepts Fine for False Advertising of Bulgaris, Will Not Appeal
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] On the 12th, Namyang Dairy announced that it would accept a court ruling imposing a fine for false ...

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LG Electronics Partners with U.S. Semiconductor Design Firm to Develop AI Chips
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] LG Electronics has teamed up with renowned semiconductor design expert Jim Keller, CEO of the AI-f ...

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Samyang Foods Acquires Yongsan Land and Building for KRW 103.5 Billion as a Long-Term Investment
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] Samyang Foods announced on the 12th that it will acquire land and buildings in Hangang-ro 2-ga, Yo ...

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Hanwha Ocean Secures Additional U.S. Navy Ship MRO Contract
Reporter Kim Jisun 2024.11.13
[Alpha Biz= Reporter Kim Jisun] Following President-elect Donald Trump's request for closer collaboration with the Korean shipbuil ...