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Hanmi Science Files Embezzlement and Breach of Trust Charges Against Hanmi Pharmaceutical Executives and La Défense Partners' CEO
Reporter Kim Jisun 2024.11.19
[Alpha Biz= Reporter Kim Jisun] Hanmi Science, the holding company of Hanmi Pharmaceutical Group, has filed charges of embezzlemen ...

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CJ CheilJedang Pursues Sale of Bio Division Worth KRW 6 Trillion
Reporter Kim Jisun 2024.11.19
[Alpha Biz= Reporter Kim Jisun] CJ CheilJedang is reportedly planning to sell its bio division, valued at approximately KRW 6 tril ...

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HD Hyundai Heavy Industries and Hanwha Ocean Secure 300 Billion KRW Orders
Reporter Kim Jisun 2024.11.19
[Alpha Biz= Reporter Kim Jisun] HD Hyundai Heavy Industries announced on November 18 that it had secured an order for two Very Lar ...

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Arrest Warrants for Qoo10 CEO Koo Young-bae and TMON & Wemakeprice CEOs Dismissed Again
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] The arrest warrants for Qoo10 Group CEO Koo Young-bae and the CEOs of TMON (Ryu Kwang-jin) and Wem ...

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LG Display to Invest an Additional 1.4 Trillion Won in Vietnam
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] LG Display has received approval to invest an additional $1 billion (approximately 1.396 trillio ...

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Major Construction Companies Face 17 Trillion Won in Uncollected Receivables
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Nine major construction companies in South Korea have accumulated a total of over 17 trillion wo ...

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Nongshim’s Defensive Stock Title Tarnished as Shares Fall 40% in Five Months
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Nongshim, which saw a sharp rise earlier this year amid the K-food boom, has recently hit its lo ...

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LG Energy Solution to Supply Batteries Exclusively to U.S. Bear Robotics
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] LG Energy Solution has signed a memorandum of understanding (MOU) with Bear Robotics, a U.S.-bas ...

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SK Adjusts Target Price for LS, Citing Overreaction in Recent Stock Decline
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] On the 18th, SK Securities revised its target price for LS from 170,000 KRW to 150,000 KRW, an 1 ...

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SK Adjusts Target Price for CJ Due to Decline in Subsidiary Stock Prices
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] On the 18th, SK Securities downgraded its target price for CJ (001040) from 140,000 KRW to 125,0 ...

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Financial Supervisory Service to Meet Banks on 20th to Assess Forex Risks
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] On the 20th, financial regulators will gather executives from domestic and foreign banks respons ...

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Woori Bank Faces Another 2.5 Billion Won Financial Scandal Over False Documents
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Woori Bank has reported a financial scandal involving a loss of approximately 25 billion won, ca ...

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Daishin Securities Raises Outlook for Lotte Tour Development, Sees Strong Growth Momentum in 2024
Reporter Kim SangJin 2024.11.18
[Alpha Biz= Reporter Kim Sangjin] Daishin Securities has maintained its "Buy" rating and target price of 14,000 won for Lotte Tour ...

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SK Securities Lowers Target Price for Solbrain Amid Downward Revision of 2024 Operating Profit Outlook
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] SK Securities has downgraded Solbrain’s target price from 350,000 won to 290,000 won, following we ...

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Naver and Kakao Invest Record Amounts in AI Technology Development
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Kakao and Naver are making their largest-ever investments in artificial intelligence (AI) technolo ...

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The FDA has deemed phenylephrine ineffective as an oral decongestant, prompting South Korea's MFDS to review related cold medicines.
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] The U.S. Food and Drug Administration (FDA) has provisionally concluded that phenylephrine, an act ...

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Pohang Civic Group Prepares Lawsuit Over Steel Plant Fire
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Following the explosion and fire at POSCO's Pohang Steelworks No. 3 Finex plant on the 10th, a Poh ...

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Six Pharmaceutical Companies and 480 Drugs Sanctioned for Illegal Rebates Over the Last Five Years
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] In the past five years, six pharmaceutical companies have faced administrative sanctions for engag ...

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Chey Tae-won Appointed Chair of Next Year’s APEC CEO Summit
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] Chey Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has been ...

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60 Samsung Executives Purchase Company Shares Worth 15.8 Billion KRW—230,000 Shares Bought
Reporter Kim Jisun 2024.11.18
[Alpha Biz= Reporter Kim Jisun] As Samsung Electronics announced a plan to invest 10 trillion KRW in share buybacks, its executive ...

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