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Doosan Bobcat's Korean subsidiary receives dividends to repay debts of the US corporation.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] Doosan Bobcat's subsidiary Doosan Bobcat Korea, has decided to proceed with cash dividends. These d ...

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SK-on Battery mounted on Hyundai's new commercial vehicle
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] The 'ST1' model released by Hyundai Motor will be equipped with a rapid charging battery that SK O ...

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Kakao Pay, Hanon Systems, Samsung Securities, and Kangwon Land have been excluded from the MSCI Korea Index.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] HD Hyundai Electric, Alteogen, and Enchem have been newly added to the Morgan Stanley Capital Inter ...

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The Fair Trade Commission also considers filing a corporate complaint against 'Coupang PB Unfair Advantage'
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] It has been confirmed that the Fair Trade Commission, which has launched a sanctions process on Co ...

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Woori Bank is also closing its Euljiro branch, consolidating a total of 21 branches.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] Woori Bank's Euljiro branch will close in July. Woori Bank, which aims to rebuild renowned househol ...

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Hanwha Life announced that its net profit for the first quarter amounted to 3.683 trillion won, marking a 36.5% decrease compared to the previous year.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] Hanwha Life announced on the 14th that its net profit for the first quarter decreased by 36.5% year ...

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POSCO's labor union has 6,670 members participating in a lawsuit regarding regular wages.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] POSCO's labor union, in its ongoing lawsuit against the company regarding regular wages, has seen n ...

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Hanmi Science has transitioned to a sole CEO structure with Lim Jong-hoon, the second son of the former CEO, taking over.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] According to pharmaceutical industry sources, Hanmi Science, the holding company of the Hanmi Pharm ...

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Nexon Games saw a decrease of 81% in operating profit in the first quarter compared to the previous year,
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] On the 14th, Nexon Games announced that its consolidated operating profit for the first quarter of ...

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SK Telecom (SKT) has sold its entire stake in LG HelloVision to LG U+.
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] SK Telecom (SKT) has sold its entire stake in LG HelloVision (037560), which it had held for about ...

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Hanwha Systems has signed its first contract for an AESA (Active Electronically Scanned Array) radar in Europe.
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] Hanwha Systems' Active Electronically Scanned Array (AESA) radar antenna for combat aircraft is ma ...

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NICE Credit Rating downgraded the credit outlook for NCSOFT, stating that it may be difficult for the company to recover profitability by the end of the year.
Reporter Kim SangJin 2024.05.16
[Alpha Biz= Reporter Paul Lee] Nice Credit Ratings lowered its credit rating outlook, saying NCsoft will not be able to recover pr ...

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Korean Air raises wages by 3.4% this year
Reporter Kim Jisun 2024.05.16
[Alpha Biz= Reporter Kim Jisun] According to the aviation industry on the 16th, Korean Air decided on a wage increase rate for thi ...

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Naver Labor Union Opposes Sale of Line-Yahoo Shares
Kim Minyoung 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] The Naver Labor Union has demanded the government take active and firm measures, stating its op ...

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Mirae Asset Securities raised its target stock price for Cosmax from 170,000 won to 200,000 won
Kim Minyoung 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] Mirae Asset Securities expects a trend of margin improvement for Cosmax. Meanwhile, the target ...

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Yuanta Securities lowered YG Entertainment's target price from 65,000 won to 60,000 won.
Kim Minyoung 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] Yuanta Securities lowered YG Entertainment's target price from 65,000 won to 60,000 won on the ...

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'Embezzlement and Breach of Trust Suspicions': Former Taekwang Group Chairman Lee Ho-jin Faces Arrest Decision on the 16th
Reporter Kim Jisun 2024.05.14
[Alpha Biz= Reporter Kim Jisun] According to police sources on the 13th, the Anti-Corruption Investigation Unit of the Seoul Metro ...

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Hyosung Vice Chairman Cho Hyun-sang sold 16,517 ordinary shares (0.18%) in the market
Reporter Kim Jisun 2024.05.14
[Alpha Biz= Reporter Kim Jisun] On the 13th, Hyosung Heavy Industries disclosed that Vice Chairman Cho Hyun-sang sold 16,517 ordin ...

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FTC is also considering filing a complaint with the prosecution over the alleged preferential treatment of Coupang PB products
Reporter Kim Jisun 2024.05.14
[Alpha Biz= Reporter Kim Jisun] According to industry sources, as the Fair Trade Commission (FTC) has initiated sanction procedure ...

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Dongwon Group provides hundreds of billions of won in funding to its construction subsidiary.
Reporter Kim SangJin 2024.05.14
[Alpha Biz= Reporter Paul Lee] Following Shinsegae Group, Dongwon Group has also stepped in to provide hundreds of billions of won ...

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