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The Fair Trade Commission (FTC) has initiated sanctions against CJ Freshway for allegedly providing unfair support to its subsidiaries.
Reporter Kim Jisun 2024.06.24
[Alpha Biz= Reporter Kim Jisun] The Fair Trade Commission (FTC) is initiating disciplinary procedures against CJ Freshway, a food ...

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Search volume surges due to Buldak recall in Denmark
Reporter Kim Jisun 2024.06.24
[Alpha Biz= Reporter Kim Jisun] As the Danish government recalls three types of Samyang Foods' Buldak Bokkeum Myeon products, inte ...

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A domestic credit rating agency has downgraded the credit ratings of Hanwha TotalEnergies and Yeochun NCC
Reporter Kim Jisun 2024.06.24
[Alpha Biz= Reporter Kim Jisun] A domestic credit rating agency has downgraded the credit ratings of Hanwha TotalEnergies and Yeoc ...

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DB Financial Investment raised SK Hynix's target price by 39.53% from 215,000 won to 300,000 won on the 21st.
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] DB Financial Investment Raises SK Hynix Target Price by 39.53% to 300,000 KRW, Maintains 'Buy' ...

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Financial Supervisory Service Launches Full Investigation into Securities Firms' Hiring of Individuals with Past Disciplinary Records
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Financial Supervisory Service Conducts Full Investigation on Securities Firms' Hiring of Indivi ...

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KT Fails to Register $500 Million MS Bonds for 19 Years
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] KT has failed to register the cancellation of $500 million (approximately 696 billion KRW) wort ...

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Daishin Securities Raises Target Price for HMM to 23,000 KRW, a 15% Increase
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Daishin Securities raised its target price of HMM (011200) to 23,000 won on the 21st, saying it ...

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Hanwha Acquires Philly Shipyard in the US for $100 Million
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Hanwha Group is set to become the first South Korean company to enter the U.S. shipbuilding ind ...

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Over 1,400 Accounts Opened in Six Months Following Abolition of Foreigner Investor Registration System
Kim Minyoung 2024.06.21
[Alpha Biz= Reporter Kim Minyoung] Following the abolition of the foreign investor registration system at the end of last year, ov ...

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SK Networks to Sell Subsidiary SK Rent-a-Car to Private Equity Fund
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] SK Networks announced that it will sell 100% of its shares in its subsidiary, SK Rent-a-Car, to pr ...

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Financial Supervisory Service Expands Inspection Team for Woori Bank's '10 Billion KRW Embezzlement' Case, Focusing on Headquarters
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Financial Supervisory Service Expands Inspection of Woori Bank Following 10 Billion KRW Embezzleme ...

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HD Hyundai Infracore Secures Order for 39 Large Excavators from Turkish Ministry of Defense
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] HD Hyundai Infracore has secured an order for 39 large excavators from the Turkish Ministry of Def ...

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Korea Zinc Secures Management Control of Sorin After Conflict with Young Poong
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Korea Zinc secured management control of Sorin Corp after a conflict with Youngpoong. Sorin Corp C ...

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LS Cable & System to Supply 280 Billion KRW Worth of Submarine Cables to World's First 'Artificial Energy Island'
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] LS Cable & System announced on the 20th that it will supply submarine cables to the world's fi ...

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Daesang Acquires 20% Stake in Chinese L-Lysine Producer Chengfu
Reporter Kim Jisun 2024.06.21
[Alpha Biz= Reporter Kim Jisun] Daesang announced that it has acquired a 20% stake in Chengfu, a Chinese L-lysine production compa ...

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Aprilbio signed a technology transfer contract worth approximately 650 billion Korean won with the United States.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] On the 20th, Aprilbio disclosed that it has transferred its candidate substance for autoimmune i ...

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An AliExpress seller in the Korean market has been accused of using images related to Coupang's Rocket Delivery service without authorization, prompting Coupang to take action in response.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] According to the retail industry on the 20th, AliExpress is handling numerous products on its Ko ...

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SoftBank has stated that it is in discussions with Naver regarding a reassessment of their stake in Line Yahoo, but they have not yet reached an agreement.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] SoftBank has announced that it is in discussions with Naver regarding a review of its stake in L ...

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Hyosung Chemical invests about 55.2 billion won in Vietnamese affiliates
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] Hyosung Chemical announced on the 20th that it will invest approximately 55.2 billion KRW in its ...

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HJ Shipbuilding & Construction has secured an order for four eco-friendly 7,900 TEU container ships.
Reporter Kim SangJin 2024.06.21
[Alpha Biz= Reporter Kim Sangjin] HJ Shipbuilding & Construction announced on the 20th that it has signed a contract with a Eu ...

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