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Financial Authorities Impose Fines on Barclays and Citigroup for Naked Short Selling
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] On December 18, South Korea's financial authorities announced fines for global investment banks ...

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Samsung Invests in U.S. Bio Venture Generate Biomedicines Through Life Science Fund
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] On December 18, Samsung announced an investment in the U.S. bio venture company Generate Biomedi ...

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U.S. Court Halts Steel Tariff on Hyundai Steel and Dongkuk Steel
Reporter Kim SangJin 2024.12.19
[Alpha Biz= Reporter Kim Sangjin] A U.S. court has intervened in a decision by the U.S. Department of Commerce to impose a 1.1% co ...

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Qoo10 Group CEO Koo Young-bae Faces Arrest Again Over Unpaid Wages and Severance Pay
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] Koo Young-bae, CEO of Qoo10 Group, who is already facing charges of fraud, embezzlement, and breac ...

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NCSoft to Launch 'Lineage 2M' in China via Tencent
Reporter Kim Jisun 2024.12.19
[Alpha Biz= Reporter Kim Jisun] NCSoft announced on the 18th that its MMORPG Lineage 2M will be serviced in China through a collab ...

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Korean Air Faces Controversy Over Downgrade from Business to Economy Class
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] Korean Air is facing controversy after a passenger shared their experience of being downgraded fro ...

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NH Investment Reaffirms Buy Rating on Orion, Sees 30% Upside with Strong Overseas Sales Growth and Profitability Defense
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] NH Investment & Securities analyzed that Orion (271560) experienced significant sales growth ...

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Yuanta Securities Raises Naver's Target Price to 290,000 KRW, Citing Growth in Younger User Base and Search Revenue
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] On the 18th, Yuanta Securities maintained its "Buy" rating for Naver (NAVER) and raised its targ ...

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Korean Air to Enter Ground Handling Business in Japan's Hokkaido
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] Korean Air (KAL) is set to enter the ground handling business in Japan, particularly in Hokkaido ...

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Legal Dispute on Construction Costs Between Ssangyong Engineering & KT Likely to Escalate
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] A legal dispute regarding construction costs between Ssangyong Engineering and KT is set to cont ...

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Samsung Securities' Overseas Stock Assets Surpass 30 Trillion Won
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] As of December 6, Samsung Securities announced that its overseas stock assets exceeded 30 trilli ...

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Korea Ratings Downgrades Samjong Securities’ Credit Rating to 'BBB/Negative'
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] On November 17th, Korea Ratings announced that it has downgraded Samjong Securities’ credit rati ...

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Electric Vehicle-Related Stocks Plunge Following News of Potential Policy Changes from Trump’s Transition Team
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] Stocks of electric vehicle (EV) related companies saw a sharp decline, with many hitting 52-week ...

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National Pension Service to Invest 1.6 Trillion KRW in Domestic Real Estate
Reporter Kim SangJin 2024.12.18
[Alpha Biz= Reporter Kim Sangjin] The National Pension Service (NPS) is set to invest approximately 1.6 trillion KRW in the domest ...

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Domestic Smartphone Shipments Drop by 10% in Q3 Due to Foldable Phone Weakness
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] In the third quarter of this year, domestic smartphone shipments in South Korea saw a 10.7% declin ...

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Kakao Mobility's Fine Reduced from 724 Billion KRW to 151 Billion KRW
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] Kakao Mobility's fine, imposed for allegedly engaging in "call blocking abuse" against competitors ...

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Hanwha Systems Announces Capital Increase for U.S. Subsidiary HS USA Holdings
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] On the 17th, Hanwha Systems (272210) announced through the electronic disclosure system that it wo ...

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POSCO Avoids First-Ever Strike with Tentative Wage Agreement
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] POSCO has averted its first strike in 56 years as the labor union and management reached a tentati ...

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Maeil Milk Suspended for 1 Month... Cleaning Solution Contamination Suspected Due to Worker Error
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] The contamination of cleaning solution in certain 200ml Maeil Original Sterilized Milk products wa ...

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Samsung Biologics Signs ₩1.112 Trillion CMO Contract with U.S. Pharmaceutical Company
Reporter Kim Jisun 2024.12.18
[Alpha Biz= Reporter Kim Jisun] Samsung Biologics announced on the 17th that it has signed a contract manufacturing organization ( ...

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