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FSS Chief Criticizes Naver Financial for Offering Stock Trading Services Without Securities License
Reporter Kim SangJin 2024.10.18
[Alpha Biz= Reporter Kim Sangjin] On October 17, Lee Bok-hyun, head of South Korea's Financial Supervisory Service (FSS), criticiz ...

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September Auto Exports Hit Record High of $5.5 Billion, Driven by EV and SUV Demand
Reporter Kim SangJin 2024.10.18
[Alpha Biz= Reporter Kim Sangjin] In September 2023, South Korea's automobile exports reached a record high for the month, totalin ...

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POSCO Group Plans to Invest 73 Trillion Won in Domestic Steel, Battery Materials, and Renewable Energy by 2030
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] POSCO Group announced on the 17th that it intends to invest 73 trillion won in three major domesti ...

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Hanmi Semiconductor Reports Record Q3 Operating Profit of 99.3 Billion Won, Up 3,320.9% Year-on-Year
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] Hanmi Semiconductor announced on the 17th that its operating profit for the third quarter of this ...

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Hanwha Investment & Securities Completes Acquisition of Indonesia's Ciptadana Securities
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] Hanwha Investment & Securities announced on the 17th that it has completed the acquisition of ...

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Doosan Enerbility's Investment in X-energy Boosted by Amazon's $500M Funding, Raising Hopes for SMR Business Expansion
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] Doosan Enerbility's investment in X-energy has received a significant boost with Amazon leading a ...

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Embezzlement Scandal Emerges at Kakao Mobility Amid Legal Troubles
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] Kakao Mobility, already grappling with legal challenges, is now facing an embezzlement scandal. Ac ...

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KT Reaches Agreement on Workforce Restructuring with Labor Union
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] On the 17th, KT announced that it has finalized an agreement with its labor union regarding its wo ...

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K-Bank Faces Setback in IPO as Institutional Demand Falls Short, Lowering Offering Price
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] K-Bank, an internet bank aiming to go public on the Korea Exchange, is facing difficulties after i ...

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Discovery of 'Electronic Crystal' with Both Liquid and Solid Properties Boosts Superconductor Stocks
Reporter Kim Jisun 2024.10.18
[Alpha Biz= Reporter Kim Jisun] On the 17th, stocks related to superconductors rose sharply following news that a domestic researc ...

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National Pension Service Launches Investigation into Suspected 'Fake 3.3 Contracts'
Reporter Kim SangJin 2024.10.17
[Alpha Biz= Reporter Kim Sangjin] The National Pension Service (NPS) is reportedly launching an investigation into companies suspe ...

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Foreign Investors Set Record with 26 Consecutive Trading Days of Selling Samsung Electronics
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] Foreign investors have established a new record for selling Samsung Electronics shares for 26 cons ...

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Mirae Asset Limits Individual Investors to 600 Contracts for Selling Index Options
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] Mirae Asset Securities has announced a restriction on individual investors' trading of index optio ...

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UK Hedge Fund Acquires Over 1% Stake in SK Square, Parent Company of SK Hynix
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] UK activist hedge fund Palliser Capital has reportedly secured more than a 1% stake in SK Square, ...

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KT Transfers 4,000 Employees to Subsidiaries Amid Union Opposition
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] On the 16th, industry sources reported that KT held a board meeting the previous day and approved ...

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Samsung Electronics Ends India Factory Strike After a Month with Welfare Agreement
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] Workers at Samsung Electronics' factory in southern India have agreed to end their month-long stri ...

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Hankook Tire to Equip BMW M5 with Ventus S1 evo Z Tires
Reporter Kim Jisun 2024.10.17
[Alpha Biz= Reporter Kim Jisun] Hankook Tire & Technology announced on the 16th that it will supply its "Ventus S1 evo Z" tire ...

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Harim Chairman Kim Considers Reacquiring HMM if Genuine Sale Effort is Made
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] Harim Chairman Kim Hong-kook stated on the 16th that he would consider re-acquiring HMM (formerly ...

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LG Energy Solution Lands Massive 13 Trillion Won Deal to Supply Batteries to Ford
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] LG Energy Solution has secured a large-scale battery supply contract with Ford, worth an estimated ...

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Former Woori Bank Executive Indicted for Alleged Fraudulent Loans Involving Son Tae-seung’s Brother-in-Law
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] A former Woori Bank executive, Im, has been indicted while in custody for allegedly facilitating f ...