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The Financial Supervisory Service (FSS) has been reviewing employee sanctions related to violations of securities report submission obligations
Kim Minyoung 2024.07.11
[Alpha Biz= Reporter Kim Minyoung] The Financial Supervisory Service (FSS) has been examining employee sanctions related to violat ...

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aespa's new song 'SuperNova' has achieved 100 million streams on Spotify.
Kim Minyoung 2024.07.11
[Alpha Biz= Reporter Kim Minyoung] aespa, under SM Entertainment, has surpassed 100 million streams on Spotify with their song 'Su ...

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CJ ENM plans to sell its Netmarble stake worth 2.5 trillion won.
Kim Minyoung 2024.07.11
[Alpha Biz= Reporter Kim Minyoung] CJ ENM has decided to partially divest its stake in Netmarble, one of its non-core assets, as p ...

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Financial Supervisory Service (FSS) imposes fines on three companies for 'accounting irregularities'.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] The Financial Services Commission (FSC) announced on the 10th that it has imposed fines on three ...

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Hana Securities raised the target price of Korea Gas Corporation from 35,000 won to 55,000 won.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] Hana Securities raised its target price for Korea Gas Corporation (KOGAS) from 35,000 KRW to 55, ...

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FSS imposed mass sanctions on over 40 insurance agents affiliated with a major insurance company and corporate insurance agencies (GA) for filing false accident reports.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has imposed mass sanctions on over 40 insurance agents a ...

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Samsung Securities has reached a wage agreement with its labor union, deciding to increase wages by 4.9%.
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] Samsung Securities announced that it has finalized this year's wage negotiations with both the S ...

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Korea Zinc, which holds a 7% stake in Hanwha, seems unlikely to participate in a public tender offer.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] According to investment banking sources on the 9th, Korea Zinc is likely not to participate in H ...

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The six companies that exchanged stakes with Naver incurred a total loss of 260 billion won this year.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] According to the Financial Supervisory Service on the 10th, six companies including Mirae Asset ...

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Despite public criticism, Samsung's union has initiated an indefinite strike.
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics' union has launched its first indefinite total strike in its history, followin ...

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The dispute within the Hanmi Group has come to an end, with an announcement that the two brothers will now discuss management matters together.
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Jisun] Hanmi Pharmaceutical Group declared an end to shareholder disputes on July 10th, paving the way fo ...

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SeAH Group is set to build a special alloy factory in Texas, USA.
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Jisun] SeAH Group is set to construct a steel plant in Temple, Texas, with an investment of $110 million ...

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The CEOs of Qualcomm and LG Electronics are scheduled to meet to discuss potential collaboration in the field of artificial intelligence (AI).
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Jisun] Cristiano Amon, President and CEO of Qualcomm, is set to visit South Korea to meet with Cho Joo-wa ...

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LS Cable & System is set to invest 1 trillion KRW in building a submarine cable factory in the United States.
Reporter Kim Jisun 2024.07.11
[Alpha Biz= Reporter Kim Jisun] LS Cable & System will invest approximately 1 trillion KRW to build the largest submarine cabl ...

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Baemin is set to increase its brokerage fee to 9.8% starting in August.
Reporter Kim Jisun 2024.07.10
[Alpha Biz= Reporter Kim Jisun] Baedal Minjok (Baemin) will increase its delivery brokerage fee rate to 9.8% from next month, a 3 ...

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Hyundai Motor Securities has lowered its target price for Kakao Games from 30,000 KRW to 24,000 KRW.
Kim Minyoung 2024.07.10
[Alpha Biz= Reporter Kim Minyoung] On the 10th, Hyundai Motor Securities maintained its "buy" investment rating for Kakao Games bu ...

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Hanwha Aerospace has secured a contract to export K9 self-propelled howitzers to Romania worth approximately 1 trillion KRW.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hanwha Aerospace announced on the 10th that it has signed a contract to supply 54 K9 self-propel ...

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Hanwha Q CELLS has rebutted claims by stating that their solar panel products sold in the United States do not contain polysilicon produced in Xinjiang, China.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] Hanwha Q CELLS has responded to allegations reported by Bloomberg on the 9th that despite suspic ...

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Kim Bum-soo, founder of Kakao, has been summoned for questioning for the first time regarding allegations of stock price manipulation involving SM Entertainment.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] The Financial Investigation Division 2 of the Seoul Southern District Prosecutors' Office (led b ...

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The Financial Supervisory Service (FSS) plans to conduct regular inspections on KB Financial Group and Kookmin Bank next month.
Reporter Kim SangJin 2024.07.10
[Alpha Biz= Reporter Kim Sangjin] The financial supervisory authority is set to begin regular inspections on KB Financial Group an ...

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