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Hyundai Wia to Sell Machine Tool Business for 340 Billion Won
Reporter Kim SangJin 2024.10.11
[Alpha Biz= Reporter Kim Sangjin] Hyundai Wia announced on the 10th that it plans to sell its machine tool business segment for ap ...

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LG Chem Temporarily Halts Construction of Fourth Carbon Nanotube Plant
Reporter Kim SangJin 2024.10.11
[Alpha Biz= Reporter Kim Sangjin] LG Chem has temporarily suspended the construction of its fourth carbon nanotube (CNT) plant, wh ...

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SK Group to Sell Stake in 'SK Communications,' Operator of NateOn
Reporter Kim SangJin 2024.10.11
[Alpha Biz= Reporter Kim Sangjin] SK Telecom is moving forward with the sale of its subsidiary SK Communications, which operates t ...

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Samsung Electronics Labor and Management to Resume Wage and Collective Agreement Negotiations on the 17th
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics' management and its largest in-house labor union, the National Samsung Electro ...

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Kakao Merges with Subsidiary Daum Global Holdings to Boost Corporate Value
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] Kakao announced on October 10 that it will absorb and merge its subsidiary Daum Global Holdings, w ...

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Kangwon Land to Buy Back 100 Billion KRW in Shares Over Three Years
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] Kangwon Land announced plans to enhance its corporate value by purchasing 100 billion KRW worth of ...

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KT Partners with Microsoft for $1.8 Billion Investment to Develop 'Korean-Style AI'
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] KT is set to collaborate with Microsoft (MS) to invest 2.4 trillion KRW ($1.8 billion) in AI over ...

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Hyundai Card Vice Chairman Chung Tae-young Wins Lawsuit Against Siblings Over Mother's Inheritance
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] Hyundai Card Vice Chairman Chung Tae-young has won a first-round legal battle against his siblings ...

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National Pension Service Sells Cosmax, Buys Kolmar Korea Shares in Q3
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] In the third quarter of this year, the National Pension Service (NPS) made moves in the cosmetics ...

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Hyundai India Unit IPO Expected to Raise 4.4 Trillion Won, Largest in Indian Stock Market History
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] The IPO of Hyundai Motor's India unit is nearing, with an expected listing date of the 22nd. The c ...

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Mercedes-Benz Faces Class-Action Lawsuit Over EQE Fire Incident and Alleged False Advertising
Reporter Kim Jisun 2024.10.11
[Alpha Biz= Reporter Kim Jisun] In August, 24 owners of the Mercedes-Benz EQE electric vehicle, including the owner of a car that ...

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Daishin Securities Lowers LG Electronics' Target Price from 140,000 to 130,000 Won
Reporter Kim SangJin 2024.10.10
[Alpha Biz= Reporter Kim Sangjin] Daishin Securities has lowered its target price for LG Electronics from 140,000 won to 130,000 w ...

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Samsung Electronics Slips Two Spots in 'World's Best Employers' Ranking
Reporter Kim SangJin 2024.10.10
[Alpha Biz= Reporter Kim Sangjin] Amid rising concerns over poor third-quarter performance, Samsung Electronics has dropped two sp ...

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Hyundai, Kia, and Other Automakers to Voluntarily Recall 607,502 Vehicles Across 10 Models
Reporter Kim SangJin 2024.10.10
[Alpha Biz= Reporter Kim Sangjin] On the 10th, South Korea's Ministry of Land, Infrastructure, and Transport announced a voluntary ...

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South Korean Banks Paid Over ₩6.5 Trillion in Voluntary Retirement Bonuses Since 2019
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Jisun] From 2019 to the present, South Korean banks have paid over ₩6.5 trillion in voluntary retirement ...

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NH Nonghyup Bank Discovers Suspicious Transactions Involving ₩14 Billion Loan, Files Criminal Complaint
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Jisun] NH Nonghyup Bank announced on October 9 that it identified suspicious transactions while conductin ...

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MBK Halts Price Increase Amid FSS Investigation, Shifts Focus to Legal Battle in Korea Zinc Dispute
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Jisun] As the Financial Supervisory Service (FSS) launched an investigation into potential unfair trading ...

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Fair Trade Commission Investigates Binggrae for Unfair Internal Transactions
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Jisun] On October 9, it was reported that the Korea Fair Trade Commission (KFTC) has launched an investig ...

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Samsung Biologics Target Prices Raised as Strong Q3 Performance Anticipated
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Jisun] Expectations are growing that Samsung Biologics will report stronger-than-expected Q3 results, lea ...

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Naver's Stock Likely to Stabilize if Growth Rate is Maintained, Says Korea Investment & Securities
Reporter Kim Jisun 2024.10.10
[Alpha Biz= Reporter Kim Sangjin] Korea Investment & Securities stated on the 8th that if Naver's profit growth continues, the ...