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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 ...

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Lotte Biologics Expands CDMO Business at Global Conferences in the Second Half of 2023
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Lotte Biologics announced on the 11th that it will participate in six major global conferences acr ...

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Krafton Expands Investments Beyond Gaming with $90 Million Stake in Spoon Labs
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Krafton, known for its gaming success, continues to diversify its portfolio by investing in non-ga ...

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First Trial Begins for Kakao’s Kim Beom-su Over Stock Manipulation Allegations in SM Entertainment Takeover
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] During the first trial of Kim Beom-su, chairman of Kakao’s Management Innovation Committee, prosec ...

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OB Beer to Acquire Jeju Soju from Shinsegae L&B
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] On the 11th, OB Beer, South Korea's leading beer company, announced its decision to acquire Jeju S ...

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POSCO Future M Secures Cathode Material Supply Contract Worth 1.8 Trillion KRW
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] POSCO Future M announced on the 11th that it has signed a contract to supply high-nickel cathode m ...

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Samsung Electronics' Stock Hits 52-Week Low, Dropping to 64,000 KRW Amid Seven Consecutive Days of Decline
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics' stock price has fallen for seven consecutive trading days, reaching the 64,00 ...

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Embezzlement and Breach of Trust by KOSPI and KOSDAQ Firms Exceed 4.6 Trillion KRW Over Six Years, Average Trading Suspension Nears 500 Days
Reporter Kim Jisun 2024.09.12
[Alpha Biz= Reporter Kim Jisun] Over the past six years, the total amount of embezzlement and breach of trust committed by employe ...

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[Exclusive] Lotte Chemical Considers Selling Indonesian Petrochemical Complex Amid Financial Struggles and KDB Guidelines
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] Lotte Chemical is reportedly undergoing a major restructuring of its overseas businesses due to ...

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DB Financial Investment to Buy Back Shares Worth 3.9 Billion KRW by December
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] DB Financial Investment (016610) to Acquire Treasury Shares for Value EnhancementOn the 10th, DB ...

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Sangsangin Securities Raises PharmaResearch Target Price from 230,000 to 300,000 KRW
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] On the 11th, Sangsangin Securities raised its target price for PharmaResearch from 230,000 KRW t ...

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Shinhan Financial Group Initiates CEO Succession Process for Subsidiaries
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] Shinhan Financial Group’s Subsidiary CEO Nomination Committee (SCNC) held a meeting on the 10th ...

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Police Raid Mercedes-Benz Korea and Apartment Office Over Incheon EV Fire Investigation
Reporter Kim Jisun 2024.09.11
[Alpha Biz= Reporter Kim Jisun] On September 10, police conducted raids on the apartment management office and Mercedes-Benz Korea ...

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NHN PAYCO Faces 87 Billion KRW in Uncollected Receivables Due to TMON-WeMakePrice Crisis
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] NHN PAYCO has reportedly accumulated around 87 billion KRW in uncollected receivables from Happy ...

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Coupang Faces Investigation for Tying Practices After Recent Fine
Reporter Kim SangJin 2024.09.11
[Alpha Biz= Reporter Kim Sangjin] The Fair Trade Commission (FTC) has launched an investigation into Coupang for allegedly engagin ...

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Samsung Electronics' President Roh Tae-moon Buys 350 Million KRW in Company Stock
Reporter Kim Jisun 2024.09.11
[Alpha Biz= Reporter Kim Jisun] Roh Tae-moon, president of Samsung Electronics' Mobile eXperience (MX) division, has purchased 5,0 ...

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Hanwha Ocean Worker Dies After Fall at Geoje Shipyard
Reporter Kim Jisun 2024.09.11
[Alpha Biz= Reporter Kim Jisun] A worker in his 40s tragically died after falling while working a night shift at Hanwha Ocean's Ge ...

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Samsung SDI Sells Polarizing Film Business to Focus on Next-Generation Materials
Reporter Kim Jisun 2024.09.11
[Alpha Biz= Reporter Kim Jisun] Samsung SDI has announced the sale of its polarizing film business under the Electronic Materials ...