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South Korean Financial Supervisory Guidelines Restrict Cryptocurrency Holdings for Senior Officials
Reporter Kim Jisun 2024.09.09
[Alpha Biz= Reporter Kim Sangjin] On September 6, South Korea’s Financial Services Commission (FSC) announced updated guidelines r ...

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Shinsegae Live Shopping Partners with CJ Logistics for New Delivery Service
Reporter Kim SangJin 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] Shinsegae Live Shopping has announced a new collaboration with CJ Logistics, unveiling its 'Shin ...

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Baek Jong-won’s The Born Korea Files for IPO on KOSPI
Reporter Kim SangJin 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] The Born Korea, founded by Baek Jong-won, has officially filed a securities registration stateme ...

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Kakao's Stock Remains Stagnant Amid Downgrades
Reporter Kim SangJin 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] Kakao's stock continues to show a sluggish performance, with securities firms repeatedly lowerin ...

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Securities Firms' Q2 Net Profit Reaches 1.77 Trillion KRW, Up 69% YoY
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] In the second quarter of 2024, securities firms' net profit decreased compared to the first quar ...

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Aekyung Chemical to Invest 96.7 Billion KRW in TPC Production Facility
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] Aekyung Chemical announced on the 5th that it will invest 96.7 billion KRW in a new production f ...

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Hahn & Co to Sell Two Subsidiaries of Ssangyong C&E
Reporter Kim SangJin 2024.09.06
[Alpha Biz= Reporter Kim Sangjin] Hahn & Co plans to sell two subsidiaries of Ssangyong C&E—Ssangyong Basic Materials and ...

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WEMAKEPRICE to Implement Unpaid Leave for All Employees Except a Few Key Personnel Starting September 6
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] WEMAKEPRICE (WMP) will commence unpaid leave for all employees, except for a small number essentia ...

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PharmaResearch Secures 200 Billion KRW Investment from Global Private Equity Firm
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] PharmaResearch has secured a 200 billion KRW investment from CVC Capital, a European-based global ...

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Kia Continues Suspension of Equity Method Recognition for Chinese Subsidiary for Fourth Year, Accumulated Losses Reach 472.1 Billion KRW
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] Kia has continued suspending the recognition of equity method gains and losses for its Chinese sub ...

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Mirae Asset Securities Fined 50 Million Won for Assisting 'Lime Fund' Preferential Redemptions for a Lawmaker
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] Financial authorities have determined that Mirae Asset Securities was involved in facilitating pre ...

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KG Mobility to Supply Rexton Sports to the Peruvian Army
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] KG Mobility (KGM) announced on the 5th that it will supply Rexton Sports vehicles to the Peruvian ...

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Korbit Conducts Compliance Training for Executives and Employees
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] Virtual asset exchange Korbit announced on the 5th that it had conducted practical training for al ...

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The three major telecom companies in South Korea experienced a nationwide wired internet network outage.
Reporter Kim Jisun 2024.09.06
[Alpha Biz= Reporter Kim Jisun] On the afternoon of September 5th, major South Korean telecom companies, including SK Telecom (SK ...

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POSCO Future M Cancels ₩1.2 Trillion Precursor Plant Investment in South Korea Amid EV Demand Slowdown
Reporter Kim Jisun 2024.09.05
[Alpha Biz= Reporter Kim Jisun] POSCO Future M announced on September 4 that it has decided to cancel its planned investment of ₩1 ...

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Daewoong Bio Expands into Microbial-Based Biopharmaceutical CMO Production
Reporter Kim SangJin 2024.09.05
[Alpha Biz= Reporter Kim Sangjin] Daewoong Bio announced on the 4th that it has completed the construction of its new biopharmaceu ...

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Hanwha Ocean Signs MOU with WB Group at MSPO 2024 for Submarine Business Cooperation
Reporter Kim SangJin 2024.09.05
[Alpha Biz= Reporter Kim Sangjin] Hanwha Ocean announced on the 4th that it has signed a Memorandum of Understanding (MOU) with Po ...

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Kakao Union and Management's Collective Bargaining Negotiations Break Down
Reporter Kim Jisun 2024.09.05
[Alpha Biz= Reporter Kim Jisun] The collective bargaining negotiations between Kakao's union and management have collapsed. On the ...

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SK Group Sells Part of Its Stake in Vietnam's VinCommerce, Secures 270 Billion Won
Reporter Kim Jisun 2024.09.05
[Alpha Biz= Reporter Kim Jisun] SK Group has sold a portion of its stake in VinCommerce, Vietnam's largest food and beverage and r ...

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Shin Dong-bin's Son, Shin Yoo-yeol, Increases Stake in Lotte Holdings
Reporter Kim Jisun 2024.09.05
[Alpha Biz= Reporter Kim Jisun] Shin Yoo-yeol, Executive Vice President and Head of the Future Growth Division at Lotte Holdings, ...

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