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Nice Credit Rating Agency: Credit Pressure to Increase for Capital Companies Post-Real Estate PF Assessment
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] Nice Credit Rating Agency has forecasted that, following the strengthening of criteria for asses ...

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Financial Supervisory Service to Begin Preliminary Inspection of Woori Financial Group and Woori Bank Over Improper Loans
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) is set to conduct a preliminary inspection of Woori Fina ...

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Naver to Establish Regional Headquarters in Saudi Arabia for Middle East Operations
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] Naver is taking steps to establish a regional headquarters, tentatively named NAVER Arabia, in S ...

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Concerns Raised by 80 Clients of Korea Zinc over Hostile M&A by MBK Partners and Youngpoong
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] Hankook & Company, Husteel, and over 80 clients of Korea Zinc, including the Korea Gold Exch ...

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POSCO Holdings Secures ₩1 Trillion Financial Support from Woori Bank for Battery Material Investments
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] POSCO Holdings has announced that it will receive ₩1 trillion in financial support from Woori Bank ...

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Hanssem to Receive Payment for Sale of Sangam Office Building from Gravity Asset Management
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] Hanssem is set to receive the payment for the sale of its office building located at 179 Seongam-r ...

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GC Biopharma's 'GCFLU' Wins All Thai Flu Vaccine Bids for Two Consecutive Years
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] GC Biopharma announced on the 23rd that its flu vaccine, 'GCFLU,' has secured all bid volumes in T ...

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Samsung Display to Invest an Additional 2.4 Trillion KRW in Vietnam to Strengthen OLED Production
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] Samsung Display is planning to invest $1.8 billion (approximately 2.4 trillion KRW) to expand its ...

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Kolon Industries to Merge and Absorb Kolon Glotech's Automotive Materials Business
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] Kolon Industries is set to merge with and absorb Kolon Glotech's automotive materials and componen ...

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Smoothie King to End Operations in South Korea by October 2025
Reporter Kim SangJin 2024.09.23
[Alpha Biz= Reporter Kim Sangjin] Smoothie King, operated by Shinsegae Food, will cease operations in South Korea by October 2025, ...

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KORAMCO Plans to Sell Hyundai Securities Building in Yeouido for Approximately 300 Billion KRW
Reporter Kim SangJin 2024.09.23
[Alpha Biz= Reporter Kim Sangjin] KORAMCO Asset Trust, through its subsidiary KORAMCO Professional Investment Private, is set to s ...

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Kakao Pay Securities Increases U.S. Stock Trading Fees Alone
Reporter Kim SangJin 2024.09.23
[Alpha Biz= Reporter Kim Sangjin] Kakao Pay Securities announced on the 20th that it has raised online trading fees for U.S. stock ...

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Korea's 'Cheongung-II' Missile Defense System Exported to Iraq with ₩3.7 Trillion Contract
Reporter Kim SangJin 2024.09.23
[Alpha Biz= Reporter Kim Sangjin] Korea's medium-range surface-to-air missile system, 'Cheongung-II,' often referred to as the Kor ...

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LG Display Simplifies Share Structure by Acquiring Stake from Skyworth
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] LG Display has streamlined its equity structure by acquiring shares previously held by China's Sky ...

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Prosecutors Intensify Investigation into TMON and WEMAKEPRICE Executives
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] Prosecutors investigating the massive unsettled payment crisis at TMON and WEMAKEPRICE have summon ...

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Shinsegae L&B Restructures for Performance Improvement After Last Year's Loss
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] Shinsegae L&B is undergoing a significant restructuring to enhance performance after recording ...

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LG Chem to Supply Cathode Materials to Japanese Battery Company
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] LG Chem has announced that it will supply cathode materials to Prime Planet Energy & Solutions ...

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SK On's U.S. factory will begin mass-producing batteries for Hyundai Motor's electric vehicles starting in October.
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] SK On's U.S. factory will begin mass-producing batteries for Hyundai Motor's electric vehicles sta ...

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MapleStory Probability Item Manipulation Case: Nexon Korea Agrees to Collective Dispute Settlement with Compensation Totaling 21.9 Billion KRW
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] In relation to the manipulation of probability-based items in the popular game MapleStory, a colle ...

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MBK Partners Accuses Korea Zinc Chairman of Undermining Board and Mismanaging Investments
Reporter Kim Jisun 2024.09.23
[Alpha Biz= Reporter Kim Jisun] On September 21, MBK Partners issued a statement accusing Choi Yoon-beom, the chairman of Korea Zi ...