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KORAIL fined 1.9 billion won in two months after a series of railway accidents
Reporter Paul Lee 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] In the second half of last year, the Korea Railroad Corporation (KORAIL) was fined 1.92 bi ...

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SK has decided to acquire additional Tillandsia shares worth 117.2 billion won
Reporter Paul Lee 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] SK announced on the 7th that it decided to acquire an additional 900 shares of Tillandsia, ...

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Shinhan Bank issues hybrid capital securities worth 400 billion won
Reporter Paul Lee 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] Shinhan Bank announced on the 7th that it issued won-denominated hybrid capital securities ...

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The Financial Supervisory Service investigates Kakao's stake purchase of SM ... "We will look into the suspicion of price manipulation."
Reporter Paul Lee 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] The Financial Supervisory Service said it has launched an investigation into Kakao's alleg ...

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Block deal for shares in Doosan Bobcat worth KRW 190 billion held by NH Investment & Securities and Korea Investment & Securities
Reporter Paul Lee 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] Some of Doosan Bobcat's shares held by major securities firms such as NH Investment & ...

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Foreign investors are buying JYP Entertainment amid a management dispute over SM Entertainment
Reporter Kim Jisun 2023.03.08
[Alpha Biz=(Chicago) Reporter Kim Jisun] Amid the dispute over SM Entertainment's management rights, foreign investors are intensi ...

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Kim Jong-nam, who raised the Dongbu Insurance for 13 years, resigns
Reporter Kim Jisun 2023.03.08
[Alpha Biz=(Chicago) Reporter Kim Jisun] Vice Chairman Kim Jung-nam (photo), who has led Dongbu Insurance for 13 years and is cons ...

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Kyunglim Yoon, President of KT CEO was nominated for the final
Reporter Kim Jisun 2023.03.08
[Alpha Biz=(Chicago) Reporter Kim Jisun] Yoon Kyung-rim, the current head of KT Group's transformation division, has been appointe ...

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SK Plasma Invests 300 Billion Won to Build an Indonesian Plant
Reporter Kim Jisun 2023.03.08
[Alpha Biz=(Chicago) Reporter Paul Lee] SK Plasma will invest 300 billion won near Jakarta, Indonesia, to set up a production plan ...

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Medytox’s operating profit increased by 35% compared to the previous year
Reporter Kim Jisun 2023.03.08
[Alpha Biz=(Chicago) Reporter Kim Jisun] Medytox announced on the 7th that its operating profit rose 35% year-on-year to 46.7 bill ...

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SK shieldus, sold to EQT Partners...SK Square is the second largest shareholder
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] EQT Partners, a global private equity fund (PEF) operator, announced on June 6 that it has ...

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Ecopro BM surpasses 20 trillion won in market cap... 135% jump this year
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] Ecopro BM surged 135% this year, with its market capitalization exceeding 20 trillion won. ...

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HYBE, SM tender offer failed ... secured 0.98% stake
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] HYBE's stock tender offer to secure management rights for SM Entertainment (hereinafter re ...

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More than half of 789 financial investment firms lost last year
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] More than half of South Korea's financial investment-related companies posted losses last ...

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Apple Pay, available in Korea from the end of this month
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] Apple Pay, Apple's near-field communication (NFC) payment service, is expected to be avail ...

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Yoon Ho-young, CEO of Kakao Bank, will serve four consecutive terms
Reporter Paul Lee 2023.03.06
[Alpha Biz=(Chicago) Reporter Paul Lee] Yoon Ho-young, CEO of Kakao Bank, won his fourth consecutive term.According to the financi ...

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Samsung Biologics has expanded Eli Lilly's consignment production to 327.8 billion won
Reporter Kim Jisun 2023.03.06
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung BioLogics said on the 6th that it has expanded its contract for drug consignment ...

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Google and Mehta have filed a lawsuit against Personal Information Protection Commission against the sanctions on illegal collection of personal information
Reporter Kim Jisun 2023.03.06
[Alpha Biz=(Chicago) Reporter Kim Jisun] Global big tech companies Google and Meta have filed an administrative suit against Perso ...

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Samyang Foods establishes Indonesian Sales Corporation "Strengthening Global Competitiveness"
Reporter Kim Jisun 2023.03.06
[Alpha Biz=(Chicago) Reporter Kim Jisun] According to the World Instant Ramen Association (WINA), Indonesia is classified as the ...

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Cho Hyun-bum, chairman of Hankook Tire, requested an arrest warrant ... alleged embezzlement and breach of trust worth 20 billion won
Reporter Kim Jisun 2023.03.06
[Alpha Biz=(Chicago) Reporter Kim Jisun] An arrest warrant has been sought for Hankook Tire & Technology Chairman Cho Hyun-beo ...

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