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Coupang is negotiating with MBK Partners to acquire Homeplus Express.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] Coupang has entered into negotiations with MBK Partners to acquire Homeplus Express. The plan is ...

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Hyosung Heavy Industries to supply transformers worth 350 billion KRW to Australia.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Hyosung Heavy Industries has announced its participation in Australia's renewable energy grid deve ...

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Asiana Airlines' union expresses opposition to merger under any conditions, urges EU to disapprove.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] On July 11th, Asiana Airlines' union and pilot union reaffirmed their opposition to the merger bet ...

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Toyota will invest in Ionna, a charging facility company jointly operated by seven automakers around the world to build a train charging network.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Toyota will invest in Ionna, a charging facility company jointly operated by seven automakers arou ...

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Hancom has stated that the police's application for an arrest warrant for Chairman Kim Sang-cheol will have "no substantial impact on the company's management."
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Hancom has expressed that the police's application for an arrest warrant for Chairman Kim Sang-che ...

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Samsung Invests 72 Billion KRW in US AI-Based Drug Development Fund
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Samsung C&T and its bio subsidiaries are expanding their investments in global bio-innovation ...

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Doosan Robotics will merge with Doosan Bobcat
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] On July 11th, according to the Doosan Group, Doosan Enerbility, Doosan Bobcat, and Doosan Robotics ...

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Hanwha Solutions has secured a large-scale solar power project in Colorado, USA.
Reporter Kim Jisun 2024.07.12
[Alpha Biz= Reporter Kim Jisun] Hanwha Q Cells, the solar division of Hanwha Solutions, has secured a large-scale solar power proj ...

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Daewoo Construction has invested 110.8 billion won in its subsidiary in Vietnam.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] Daewoo Construction, a Kospi-listed company, announced on the 11th that it will invest approxima ...

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Hyundai Motor Securities lowered YG Entertainment's target stock price to KRW 44,000, down 10.2% from KRW 49,000.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] On the 11th, Hyundai Securities adjusted down the target price for YG Entertainment from 49,000 ...

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CJ OliveNetworks has taken over the IT operations for Seegene.
Reporter Kim SangJin 2024.07.12
[Alpha Biz= Reporter Kim Sangjin] CJ OliveNetworks has announced on July 11th that it has won a contract for Seegene's IT outsourc ...

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A KB Kookmin Bank employee has been arrested for stock trading using 'non-public information,' allegedly gaining illicit profits of around 6 billion KRW.
Reporter Kim SangJin 2024.07.11
[Alpha Biz= Reporter Kim Sangjin] A KB Kookmin Bank employee has been arrested for using non-public information to engage in stock ...

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Hana Securities raised its target price for SK Hynix to 280,000 won from 240,000 won
Kim Minyoung 2024.07.11
[Alpha Biz= Reporter Kim Minyoung] Hana Securities raised its target price for SK hynix from 240,000 won to 280,000 won on July 11 ...

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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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