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Watcha Files Complaint Against LG Uplus for Violation of Unfair Competition Prevention Law
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] On September 12, South Korean online video service (OTT) platform Watcha reported that it has fi ...

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Kumho Petrochemical to Cancel 50 Billion Won of Treasury Shares
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Kumho Petrochemical announced on September 12 that it will cancel 50 billion won worth of its trea ...

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South Korean Government to Award Gadeokdo Airport Land Development Project via Private Contract
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] The South Korean government has decided to switch the selection process for the contractor of the ...

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Samsung Electronics to Cut Up to 30% of Overseas Staff in Some Divisions
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics is planning to reduce its overseas workforce by up to 30% in certain divisions ...

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Paris Baguette to Cut Bread Prices by Average 7.3% Starting Late September
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] SPC Group’s bakery brand, Paris Baguette, will implement an average 7.3% price reduction on sele ...

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Korea Investment & Securities Lowers SK Hynix Target Price by 14% to KRW 250,000, Citing Below-Consensus Q3 Performance
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] On the 12th, Korea Investment & Securities reduced its target price for SK Hynix by 14% to K ...

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SK E&S Considers Selling Coway Energy Headquarters Site in Gangnam for New Investment Funding
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] SK E&S is reportedly considering selling the headquarters building and land of its city gas su ...

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South Korean Financial Chief Kim Byung-hwan Calls for Reform in Merger Valuation Methods, Citing Need for Fairer Standards
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] On September 12, Kim Byung-hwan, Chairman of the Financial Services Commission (FSC), addressed ...

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Jin Air to Discontinue In-Flight Ramen Sales from October 1 for Safety Reasons
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Jin Air announced on the 12th that it will halt the sale of ramen on all routes starting October 1 ...

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Private equity firm MBK Partners is set to become the largest shareholder of Korea Zinc, alongside Young Poong Corporation.
Reporter Kim Jisun 2024.09.13
[Alpha Biz= Reporter Kim Jisun] Private equity firm MBK Partners is set to become the largest shareholder of Korea Zinc, alongside ...

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Financial Supervisory Service (FSS) Issues Preliminary Sanctions Against Six Securities Firms for Unhealthy Business Practices
Reporter Kim SangJin 2024.09.13
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has issued preliminary notices of sanctions to six secur ...

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Hanwha Bets 600 Billion KRW on Expanding Offshore Plant Business with Dynamac Holdings Acquisition
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Hanwha Group is investing 600 billion KRW to acquire a controlling stake in Dynamac Holdings, a Si ...

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NH Investment & Securities Revises Target Price for ISC
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, NH Investment & Securities updated its outlook on ISC (095340), citing increase ...

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DS Investment & Securities Comments on Doosan Group's Strategy
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, DS Investment & Securities commented on Doosan Group, stating that "Doosan Bobc ...

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Kiwoom Securities Projects Continued Revenue Growth for Manyo Factory.
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] On the 12th, Kiwoom Securities forecasted that Manyo Factory is expected to continue its revenue ...

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Hyundai Motor and Kia Stock Decline Continues, Analysts Recommend Buying on Dip
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The stock prices of Hyundai Motor and Kia, major representatives of the domestic automotive indu ...

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Financial Supervisory Service to Conduct On-Site Inspection of Bithumb, First Under New Virtual Asset Regulations
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has selected Bithumb for its first on-site inspection of ...

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Kakao Enterprise to Raise Up to 300 Billion KRW Through Equity Offering to Strengthen Cloud Business
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] Kakao Enterprise is set to conduct a capital increase of up to 300 billion KRW to bolster its cl ...

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Yuhan Corporation to Receive Approximately 80 Billion KRW in Technology Fees from Janssen
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] Yuhan Corporation will receive about 80.4 billion KRW in technology fees from its licensing agre ...

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Korean Ministry of Land, Infrastructure and Transport Requests Investigation into Asiana Airlines Incident
Reporter Kim SangJin 2024.09.12
[Alpha Biz= Reporter Kim Sangjin] The Korean Ministry of Land, Infrastructure and Transport has requested an investigation by the ...