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Financial Supervisory Service Launches Investigation into ETF Sales Allegations, Targeting Four Asset Management Firms
Reporter Kim SangJin 2024.08.14
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has initiated an investigation into allegations surround ...

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Meritz Securities Successfully Exits Major Stake in Il Dong Pharmaceutical and Other Investments
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] Meritz Securities has successfully exited its substantial stake in Il Dong Pharmaceutical, havi ...

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Doosan Fuel Cell has secured a 100 billion won contract.
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Doosan Fuel Cell has secured a 100 billion won contract for the maintenance and servicing of hydro ...

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Former Kiwoom Securities CEO Hwang Hyun-soon Receives 1.4 Billion Won in Compensation Despite Resignation Over Ethical Responsibility
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] Hwang Hyun-soon, who stepped down as CEO of Kiwoom Securities due to the unpaid receivables issu ...

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LG Electronics Implements Emergency Management, Reduces Travel Expenses and Costs by 20% Year-on-Year
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] LG Electronics Enters Emergency Management Mode, Cuts Costs by 20% Amid Uncertain OutlookLG Electr ...

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Kia, following Hyundai Motor, has disclosed the battery manufacturers for its electric vehicles. Out of the 12 types of batteries used, only two are sourced from China.
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Kia has followed Hyundai Motor in fully disclosing the battery manufacturers for its electric vehi ...

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Shinhan Bank to Increase Mortgage Rates for the Fifth Time in a Month
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] Shinhan Bank has announced another increase in mortgage rates, marking the fifth hike in just on ...

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National Pension Service Wins 9.6 Billion Won Dividend Income Lawsuit
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] On August 12, the National Pension Service (NPS) announced that it has won a lawsuit against the ...

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Hyundai Livart has secured its position as the leader in the furniture industry for the second consecutive quarter.
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Hyundai Livart has secured its position as the leader in the furniture industry for the second con ...

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Medytox's Osong Plant 3 Receives Manufacturing Facility Approval in Ukraine
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Medytox announced on the 12th that its Osong Plant 3 has received approval from Ukraine's medical ...

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Tmon and Wemakeprice's Outstanding Payments to Sellers Reach 1.3 Trillion Won
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] As of the end of the first quarter of this year, Tmon and Wemakeprice have approximately 1.3 tri ...
Woori Financial Group Issues Formal Apology for Former Chairman's Relatives' Fraudulent Loans
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] On the 12th, Lim Jong-ryong, Chairman of Woori Financial Group, issued an official apology for the improper loans involving the relatives of forme ...

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Mother of Seo Jung-jin’s Illegitimate Child Sent to Prosecutors on Extortion Charges
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] Jo, the mother of Seo Jung-jin's illegitimate child, who had received 14.3 billion won as child ...

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Seoul Semiconductor Returns to Profit After Eight Quarters; CEO Lee Jeong-hoon Optimistic About Amazon Lawsuit
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] Seoul Semiconductor, a leading company in optoelectronics, has successfully returned to profitab ...

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Korea Investment & Securities Raises Hanwha General Insurance Target Price to 7,000 Won
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] On August 12, Korea Investment & Securities raised its target price for Hanwha General Insu ...

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Yongpyong's Seokpo Smelting Plant Union Rejects Environmental Groups' 'Factory Closure' Demands
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] The union of Yongpyong's Seokpo Smelting Plant has expressed strong opposition to demands from env ...

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HLB Therapeutics' NK Therapy Valued at $1.8 Billion by U.S. Expert Evaluation Firm
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] HLB Therapeutics has announced that its NK (Natural Killer) cell therapy, RGN-259, currently un ...

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NAVER Stock Struggles Around KRW 160,000 After Starting the Year at KRW 200,000
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] As of the 12th, NAVER's shares closed at KRW 160,300, down 2.08% from the previous trading day. ...

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Chorokbaem Media Acquired by Q Capital for 180 Billion Won
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Chorokbaem Media, known for producing popular dramas like “My Mister” and “All In,” has been acqui ...

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Krafton reported its second-quarter consolidated financial results with revenues of KRW 707 billion, operating profit of KRW 332 billion, and net profit of KRW 341 billion.
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] On August 12, Krafton announced its financial results for the second quarter, reporting consoli ...