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Former Taekwang Chairman Lee Ho-jin's arrest warrant for embezzlement and breach of trust has been rejected.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] Former Taekwang Group Chairman Lee Ho-jin, who is under investigation by the police for alleged ...

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Banking sector's net profit for the first quarter amounted to 5.3 trillion won, marking a 24% decrease.
Kim Minyoung 2024.05.17
[Alpha Biz= Reporter Kim Minyoung] According to the Financial Supervisory Service's report on 'Operating Performance of Domestic B ...

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LG Electronics plans to invest 4.3 trillion won in equipment alone this year, focusing on its automotive business.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] LG Electronics plans to invest over 4 trillion won in equipment this year, with a significant port ...

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Lotte Card reported a net profit of 24.9 billion won for the first quarter, marking a 54.3% decrease compared to the previous year.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Lotte Card disclosed that its net profit for the first quarter of this year amounted t ...

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SK Innovation is considering the partial sale of its stake in SK IE Technology (SKIET) among other options.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] SK Innovation stated through a disclosure that they are considering various options regarding the a ...

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Lock & Lock, closing down its business in China
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] Lock & Lock, a domestic manufacturer of airtight containers, is reducing its workforce at domes ...

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Eugene Investment & Securities reported an operating profit of 17.6 billion won for the first quarter, marking a 50% decrease compared to the previous year.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Eugene Investment & Securities announced its consolidated performance for the firs ...

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Hyosung TNC has decided on a capital increase of 958 billion won, aiming to expand its facilities in China.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, Hyosung TNC announced its decision to conduct a rights offering capital increase of 95 ...

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HD Korea Shipbuilding & Offshore Engineering has divested a 3% stake in HD Hyundai Heavy Industries through a block deal, totaling 3.741 trillion won.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] On the 16th, HD Korea Shipbuilding & Offshore Engineering announced that it will divest a 3% st ...

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HL Mando develops 'autonomous parking robot service' with Kakao Mobility
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] HL Mando joined hands with Kakao Mobility and KM Parking & Space to commercialize autonomous pa ...

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The third-generation member of NamYang Dairy Products has also resigned, leading to the departure of the entire owner family.
Reporter Kim SangJin 2024.05.17
[Alpha Biz= Reporter Paul Lee] NamYang Dairy Products announced on the 16th that Hong Jin-seok and Hong Beom-seok, both executives ...

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Emart 24 reported an operating loss of 131 billion won in the first quarter, marking a significant increase in losses compared to other subsidiaries of Emart.
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] According to Emart, convenience store Emart 24 was the only Emart subsidiary to increase its loss ...

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Kolon Industries' operating profit in the first quarter is 24.3 billion won, a decrease of 47.6% compared to the previous year.
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] Kolon announced that it recorded a consolidated operating profit of 24.3 billion won in the first ...

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SeAH Besteel Holdings Corp invests 213 billion won to build a special alloy production plant in the United States
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] SeAH Besteel Holdings Corp and SeAH Changwon Integrated Special Steel Corporation will invest 213 ...

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Asiana Airlines reported a deficit in operating profit for the first quarter, recording a loss of 312 billion won.
Reporter Kim Jisun 2024.05.17
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines announced its first-quarter earnings on the 16th of this year with sales of 1.633 ...

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The vice chairman of Ourhome, Koo Ji-eun, is planning to acquire 61% of the company's own shares.
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] It has been confirmed that the stock purchase agenda has been raised at the extraordinary sharehol ...

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KB Securities raised its investment opinion on Paradise by 7.7% to 'buy' and the target price to 21,000 won.
Kim Minyoung 2024.05.16
[Alpha Biz= Reporter Kim Minyoung] KB Securities evaluated Paradise by stating, "Based on its long-standing expertise, the company ...

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Hana Securities lowered its target price of SBS from 32,000 won to 29,000 won.
Kim Minyoung 2024.05.16
[Alpha Biz= Reporter Kim Minyoung] Hana Securities lowered its target price of SBS from 32,000 won to 29,000 won on the 16th. It i ...

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Hana Securities raised its target price of Samsung Fire & Marine Insurance from 350,000 won to 380,000 won.
Kim Minyoung 2024.05.16
[Alpha Biz= Reporter Kim Minyoung] Hana Securities raised its target price of Samsung Fire & Marine Insurance from 350,000 won ...

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5 Workers Killed: SeAH Besteel CEO's Arrest Warrant Rejected... 'No Concerns of Fleeing
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] The CEO of the special steel manufacturer SeAH Besteel, Kim Cheol-hee, who was accused of violatin ...

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