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Webzen Reports Q2 Operating Profit of 11.8 Billion Won, Down 0.36% Year-on-Year
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] On August 7, Webzen announced its financial results for the second quarter of 2024.For Q2 2024, We ...

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Samsung Heavy Industries to Exclusively Supply Floating Wind Turbine Structures for Equinor
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] On August 7, Samsung Heavy Industries announced that it has signed a Memorandum of Supply Agreemen ...

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Korean Air on the Verge of Merger Notification…Signs Acquisition Agreements for Air Incheon and Asiana Cargo
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] On August 7, Korean Air announced that it has signed a Memorandum of Agreement (MOA) for the sale ...

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Hyundai Motor to Establish Electric Vehicle Factory in Thailand, Operations to Begin in 2026
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor is set to establish an electric vehicle assembly plant in Thailand.On August 7th, th ...

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Coupang Surpasses 10 Trillion KRW in Q2 Revenue but Posts 34.2 Billion KRW Operating Loss
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] Coupang surpassed 10 trillion won in quarterly revenue for the first time in its history during th ...

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HYBE Reports Record Q2 Revenue of 640.5 Billion Won, but Operating Profit Falls by 37.4%
Kim Minyoung 2024.08.08
[Alpha Biz= Reporter Kim Minyoung] On August 7th, HYBE announced that its Q2 revenue reached a record 640.5 billion won, marking t ...

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U.S. Stock Daytime Trading Suspension Leads to 630 Billion KRW in Canceled Transactions Across 90,000 Accounts
Reporter Kim Jisun 2024.08.08
[Alpha Biz= Reporter Kim Jisun] The suspension of U.S. stock daytime trading through domestic securities firms led to the cancella ...

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Shinsegae International's Profit Falls 28% Due to Weak Consumer Sentiment
Kim Minyoung 2024.08.08
[Alpha Biz= Reporter Kim Minyoung] Shinsegae International announced on the 7th that it recorded Q2 revenue of 320.9 billion won a ...

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"KakaoBank Faces Concerns Over Sluggish Loan Growth" - KB Securities
Kim Minyoung 2024.08.08
[Alpha Biz= Reporter Kim Minyoung] On August 7, KB Securities expressed concerns over KakaoBank's low loan growth but maintained i ...

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Mirae Asset Securities to Buy Back and Retire 10 Million Shares, Increasing Treasury Stock Ratio to 24.5%
Reporter Kim SangJin 2024.08.08
[Alpha Biz= Reporter Kim Sangjin] Mirae Asset Securities to Acquire and Retire 10 Million Shares, Increasing Treasury Stock Ratio ...

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Samsung SDI Considering Additional Plant in Poland
Reporter Kim Jisun 2024.08.07
[Alpha Biz= Reporter Kim Jisun] Samsung SDI is reportedly exploring the construction of a new battery plant in Europe, specificall ...

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Coupang Announces Membership Fee Increase
Kim Minyoung 2024.08.07
[Alpha Biz= Reporter Kim Minyoung] Coupang's membership fee will rise from the 7th.According to the distribution industry, Coupang ...

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Asiana Pilots' Union Requests EU to Investigate Air Incheon’s Suitability as Buyer
Reporter Kim Jisun 2024.08.07
[Alpha Biz= Reporter Kim Jisun] The Asiana Pilots' Union (APU), which has opposed the merger between Korean Air and Asiana Airline ...

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Hana Tour's operating profit decreased by 10%, partly due to unsettled accounts with TMON and WEMAKEPRICE
Kim Minyoung 2024.08.07
[Alpha Biz= Reporter Kim Minyoung] Hana Tour, the leading travel agency in South Korea, reported a 10% decrease in operating profi ...

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SK Hynix to Receive Up to 620 Billion KRW in Subsidies for Indiana Plant in the U.S.
Reporter Kim Jisun 2024.08.07
[Alpha Biz= Reporter Kim Jisun] SK Hynix will receive up to 620 billion KRW (approximately $450 million) in direct subsidies from ...

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Kakao Pay Securities reported a 51% increase in revenue for the second quarter.
Kim Minyoung 2024.08.07
[Alpha Biz= Reporter Kim Minyoung] Kakao Pay Securities reported a 51% increase in revenue for the second quarter compared to the ...

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Handsome Reports 30% Drop in Q2 Operating Profit
Kim Minyoung 2024.08.07
[Alpha Biz= Reporter Kim Minyoung] Handsome, a fashion company under the Hyundai Department Store Group, saw its operating profit ...

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Electric Vehicle Fire Scare Spreads: Following Mercedes-Benz, EV6 Also Catches Fire While Parked
Reporter Kim SangJin 2024.08.07
[Alpha Biz= Reporter Kim Sangjin] Amid rising concerns over electric vehicle (EV) battery safety, a fire broke out in a parked Kia ...

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Dongkuk Steel to Acquire Ajou Steel for 130 Billion KRW
Reporter Kim Jisun 2024.08.07
[Alpha Biz= Reporter Kim Jisun] Dongkuk Steel Group's cold-rolled steel business subsidiary, Dongkuk CM, is set to acquire Ajou St ...

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Jeju Air Reports Operating Loss in Q2 Due to Off-Peak Season, But Posts Record Revenue for First Half
Reporter Kim SangJin 2024.08.07
[Alpha Biz= Reporter Kim Sangjin] Jeju Air achieved its highest-ever revenue for the first half of the year. However, the airline ...

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