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Financial Authorities Expand Investigation into ETF Favoritism Allegations to Include Brokerage Firms
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] On August 15, the Financial Supervisory Service (FSS) has extended its investigation into allege ...

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Dongwon Industries Settles $3 Billion Price-Fixing Lawsuit with U.S. Subsidiary StarKist
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] Dongwon Industries announced on the 14th that it has resolved its legal dispute related to price ...

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GS Construction Pursues Sale of GS Elevator
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] GS E&C is moving forward with plans to sell its subsidiary, GS Elevator. According to industry ...

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Number of Individual Investors in Samsung Electronics Drops by Over 420,000 in Six Months
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] As of June 2023, Samsung Electronics reported a decrease in individual investors by 424,428, bri ...

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Hanwha Ocean Establishes Investment Company in Singapore
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean has established an investment subsidiary, Hanwha Ocean SG Holdings, in Singapore as p ...

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The Financial Supervisory Commission (FSC) has clarified that Kakao Pay did not have any credit information outsourcing agreements with Alipay.
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] On August 14, the Financial Supervisory Commission (FSC) refuted Kakao Pay's claim that transferri ...

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84% of Counterfeits Identified in First Half of Year are Chinese-Made, with 'Chanel' Fakes Most Prevalent
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] More Than 80% of Intellectual Property Violation Imports in H1 This Year Originated from ChinaIn t ...

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Consumer Agency Orders Nexon to Compensate MapleStory Players for Probability Manipulation: Up to KRW 21.7 Billion in Compensation
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] The Korea Consumer Dispute Mediation Committee (CDMC) under the Korea Consumer Agency announced on ...

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The Financial Supervisory Service (FSS) is reviewing whether to appeal the ruling on Samsung Biologics' accounting fraud case.
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) is considering whether to appeal the recent ruling on Sams ...

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Meritz Financial's Vice Chairman Pledges Over 50% of Profits to Share Buybacks and Dividends Through Next Year
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] Vice Chairman Kim Yong-bum of Meritz Financial Group announced that the company plans to allocate ...

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Doosan Construction has surpassed 1 trillion won in new orders for the first half of 2024.
Kim Minyoung 2024.08.14
[Alpha Biz= Reporter Kim Minyoung] Doosan Construction announced on the 13th that it has successfully secured over 1 trillion won ...

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Mercedes-Benz Discloses Battery Information... All Fire-Affected EQE 350s Used China-Made Farasis Batteries
Reporter Kim Jisun 2024.08.14
[Alpha Biz= Reporter Kim Jisun] In response to growing demands for transparency following an electric vehicle (EV) fire, Mercedes- ...

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Financial Supervisory Service Chief Lee Bok-Hyeon Orders On-Site Inspections of Bank Household Loan Processes and Strict Measures Against Improper Loans
Reporter Kim SangJin 2024.08.14
[Alpha Biz= Reporter Kim Sangjin] In the face of sustained growth in household loans, Financial Supervisory Service (FSS) Governor ...

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Former Woori Financial Group Chairman’s Relative Misused Honorary Branch Manager Title for Promotion
Kim Minyoung 2024.08.14
[Alpha Biz= Reporter Kim Minyoung] It has been revealed that a relative of former Woori Financial Group Chairman Son Tae-seung, wh ...

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FTC Imposes 24.5 Billion Won Fine on CJ Freshway and Subsidiary for Unfair Market Support
Reporter Kim SangJin 2024.08.14
[Alpha Biz= Reporter Kim Sangjin] CJ Freshway, a corporate meal service company, has been fined 24.5 billion won by the Fair Trade ...

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Samsung Electronics Union Plans Strike During Liberation Day
Reporter Kim SangJin 2024.08.14
[Alpha Biz= Reporter Kim Sangjin] The nationwide Samsung Electronics Workers' Union (NSEWU), the largest union at Samsung Electron ...

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Celltrion's Yuflyma to Accelerate Prescription Growth with Costco Sale
Reporter Kim Jisun 2024.08.14
[Alpha Biz= Reporter Kim Jisun] Celltrion's Yuflyma to Accelerate Prescription Growth with Costco SaleCelltrion announced on Augus ...

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SK Securities Upgrades Krafton Target Price After Earnings Surprise Exceeds Expectations
Kim Minyoung 2024.08.14
[Alpha Biz= Reporter Kim Minyoung] On the 13th, SK Securities upgraded Krafton's target price to 330,000 won, citing an impressive ...

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Hyundai Motor Securities Lowers Target Price for LG HelloVision Due to Structural Margin Decline
Kim Minyoung 2024.08.14
[Alpha Biz= Reporter Kim Minyoung] Hyundai Motor Securities downgraded LG HelloVision's target price from 3,900 won to 3,500 won o ...

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SK Nexilis to Absorb SKCFT Holdings in a Merger
Reporter Kim Jisun 2024.08.14
[Alpha Biz= Reporter Kim Jisun] On August 13, SKC announced that its copper foil subsidiary, SK Nexilis, will absorb its parent co ...

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