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U.S. Rate Cut Adjustment Sends KRW-USD Exchange Rate Soaring Above 1,450, Financial Markets Plunge
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] As the U.S. Federal Reserve signaled a slower pace of interest rate cuts, the Korean won-U.S. do ...

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Korea Investment Real Estate Fund Faces Total Loss from Belgian Commercial Property Investment
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] Korea Investment Real Estate Asset Management, a subsidiary of Korea Investment Trust Management ...

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Prosecutors Raid Meritz Securities Over Alleged Capital Markets Act Violations in BW Deal with I Group
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] Prosecutors have conducted a search of Meritz Securities in relation to allegations of violating ...

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Meritz Fire & Marine's Acquisition of MG Insurance Faces Setbacks
Reporter Kim SangJin 2024.12.20
[Alpha Biz= Reporter Kim Sangjin] The acquisition of MG Insurance by Meritz Fire & Marine is encountering significant challeng ...

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Naver's KREAM to Launch 'KREAM Pay', a Subsidiary for Simplified Payment Services
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Naver's subsidiary, KREAM, a limited-edition trading platform, is set to enter the simplified paym ...

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CJ Foodville Receives 'A-' Credit Rating from Korea Ratings
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] CJ Foodville announced on the 19th that it has been awarded an 'A-' credit rating by Korea Ratings ...

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Doosan Enerbility to Supply Key Equipment for TerraPower's SMR Project
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Doosan Enerbility will supply key equipment for TerraPower's first small modular reactor (SMR) pro ...

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Korea Hydro & Nuclear Power to Lead Facility Upgrade Project at Romania's Cernavoda Nuclear Power Plant
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Korea Hydro & Nuclear Power (KHNP) has officially joined the facility upgrade project for the ...

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Lotte Holdings Denies Reports of Lotte Healthcare's Sale of Teragen Health
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Lotte Holdings has announced on the 19th that the reports regarding Lotte Healthcare's sale of its ...

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SK Hynix Secures $458 Million Subsidy and $500 Million Loan from U.S. Government
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] SK Hynix has finalized financial support from the U.S. government, including a $458 million subsid ...

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Hanmi Semiconductor Files Patent Lawsuit Against Hanwha Precision Machinery Over HBM Equipment
Reporter Kim Jisun 2024.12.20
[Alpha Biz= Reporter Kim Jisun] Hanmi Semiconductor, the world's leading company in the high-bandwidth memory (HBM) equipment mark ...

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Kyobo Life Chairman Ordered to Repurchase Shares Amid Put Option Dispute
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] A ruling has been issued requiring Shin Chang-jae, Chairman of Kyobo Life Insurance, to repurchase ...

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Hyundai Motor Securities Lowers Target Price for Dongwon F&B to KRW 50,000 Amid Performance Decline
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] On the 19th, Hyundai Motor Securities reported that Dongwon F&B (049770) is experiencing det ...

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DS Investment Securities Raises Samyang Foods' Target Price to KRW 850,000, Citing Strong Export Growth
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] DS Investment Securities predicted on the 19th that Samyang Foods would surpass market expectati ...

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Hanwha Ocean Achieves Early Crude Oil Production from Qatar Offshore Facility
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] The fixed offshore crude oil production facility built by Hanwha Ocean has successfully produced i ...

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EcoPro Materials Cancels Equity Acquisition in Battery Precursor Joint Venture
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] EcoPro Materials (450080) has canceled its plan to acquire shares in a joint venture (pCAM) for pr ...

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Lotte Ria Faces Online Backlash Amid Alleged Martial Law Plot Controversy
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] Lotte Ria is currently facing a crisis after being linked to a mock martial law plot, which has ...

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Financial Supervisory Service Issues Consumer Alert Over Fake Coin Scam Impersonating Staff
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has issued a warning following a recent case where scamm ...

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MBK Partners Refutes 'Foreign Investor' Claims in Korea Zinc Controversy
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] MBK Partners strongly refuted the claims made by Cheong Yoon-beom, the chairman of Korea Zinc, r ...

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Singapore's GIC Withdraws Sale of Seoul Finance Center (SFC)
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] Singapore’s sovereign wealth fund, GIC, announced on the 18th that it has decided to cancel the sa ...

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