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The term of office for the heads of the top five banks expires in six months.
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] According to the financial sector, the terms of office for the heads of the top five banks, in ...

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A former SK Hynix employee of Chinese nationality allegedly stole semiconductor technology and provided it to Huawei.
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] A Chinese national who formerly worked at SK Hynix has been handed over to trial on charges of ...

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Shinsegae Construction has issued 6.5 trillion won worth of Hybrid Tier 1
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] On the 28th, Shinsegae Construction announced its decision to issue unsecured non-granted bond ...

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Crescendo Equity Partners, a domestic private equity firm, conducted a block deal to sell a portion of its stake in Seojin System, amounting to 537 billion won, to repay acquisition financing.
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] On the 28th, Crescendo Equity Partners, a domestic private equity firm and a major shareholder ...

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Daol Securities predicts that Celltrion will ramp up its sales of new drugs in the second half of the year, aiming for total revenue of 3.6 trillion won for this year.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] Daol Securities predicts that Celltrion will achieve strong performance following the launch of ...

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Wemade is withdrawing its cryptocurrency wallet service "Play Wallet" from the domestic market due to controversies surrounding its failure to report to authorities.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] Wemade's cryptocurrency wallet service, Play Wallet, is withdrawing from the domestic market ami ...

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Both companies' stock prices closed lower as HYBE disposed of a large portion of its shares in SM Entertainment.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] On the 28th, both companies' stock prices closed lower as HYBE disposed of a large portion of it ...

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KT is considering whether to appeal a court ruling that it must pay 12 billion won in compensation for participating in bid rigging for a national project.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] According to industry sources on the 29th, KT is considering whether to appeal a court ruling th ...

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Lotte Duty Free is set to enter emergency management next month, with considerations underway for restructuring its workforce.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] Lotte Duty Free, which has been experiencing deteriorating performance due to the slump in duty- ...

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KFTC conducted on-site investigations at the headquarters of Krafton and Com2us amid suspicions that they misrepresented the probabilities of in-game items.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] According to industry sources on the 29th, it has been confirmed that the Korea Fair Trade Commiss ...

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Medytox is setting up a botulinum toxin plant in Dubai, targeting a market estimated to be worth KRW 2 trillion.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Medytox is aiming to target the Middle East and European aesthetic medical market, estimated to be ...

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Emart is investing KRW 100 billion in Chosun Hotel & Resort.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Emart announced on the 28th that it will invest KRW 100 billion in its affiliate, Chosun Hotel &am ...

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Samsung Electronics is teaming up with Lennox in the U.S. to target the North American HVAC (heating, ventilation, and air conditioning) market.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics announced on the 28th that it has signed an agreement to establish a joint ven ...

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Credit rating agency S&P Global announced that it has downgraded the credit rating outlook for LG Chem and LG Energy Solution from 'stable' to 'negative'.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Credit rating agency S&P Global announced that it has adjusted the credit rating outlook for L ...

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Hanwha Global has reached a basic agreement with INEOS of the UK to establish low-carbon ammonia production.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Hanwha Global Division (hereafter Hanwha Global) announced on the 28th that it has signed a basic ...

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[Exclusive] South Korea's EO Technics surpassed Japan's Disco Corp and became the leader in the front-end processes of semiconductor manufacturing. "TSMC chose EO technics as a single source vendor
Reporter Kim Jisun 2024.05.28
[Alpha Biz= Reporter Kim Jisun & Lee Hyung Jin] A South Korean company has been confirmed to have completely overtaken the wor ...

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The extent of sanctions against Kakao Mobility is expected to be largely determined by the presence of deliberate misconduct.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] It is anticipated that the financial authorities will confirm the level of sanctions against Ka ...

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JYP Entertainment is forecasted to fall short of its operating profit expectations due to the debut of new artists.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] JYP Entertainment is expected to deliver disappointing performance in the second quarter.On the ...

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A local employee of Daegu Bank's subsidiary in Myanmar was murdered on the 27th.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] Two local employees of DGB Daegu Bank's Myanmar subsidiary were reportedly shot dead by armed a ...

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