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Meritz Financial Group is providing 300 billion won in support to M Capital.
Reporter Kim SangJin 2024.05.30
[Alpha Biz= Reporter Kim Sangjin] Meritz Financial Group is planning to provide 3 trillion won in support to M Capital.According t ...

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The Fair Trade Commission (FTC) has launched an investigation into DB Insurance over allegations of unfair support to its subsidiaries.
Reporter Kim SangJin 2024.05.30
[Alpha Biz= Reporter Kim Sangjin] The Fair Trade Commission (FTC) has initiated an investigation into DB Insurance, the flagship c ...

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Hana Financial Investment raised the target price of Amorepacific from 200,000 won to 220,000 won, citing continued expansion of its market share in the United States.
Reporter Kim SangJin 2024.05.30
[Alpha Biz= Reporter Kim Sangjin] On the 29th, Hana Financial Investment raised the target price of Amorepacific from 200,000 won ...

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Kakao Games has officially launched the Japanese version of "Eversoul."
Reporter Kim SangJin 2024.05.30
[Alpha Biz= Reporter Kim Sangjin] On the 29th, Kakao Games announced the official launch of the Japanese service for "Eversoul," a ...

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LG Display has partnered with Boeing and LIG to pioneer the "Aircraft OLED" market.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] LG Display announced on the 29th that it will introduce OLED (Organic Light Emitting Diode) techno ...

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Hanwha plans to produce low-carbon ammonia in collaboration with INEOS in the UK.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] Hanwha's global division has announced a collaboration with INEOS, the world's sixth-largest petro ...

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LS is constructing the world's largest High Voltage Direct Current (HVDC) cable factory in the UK.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] LS is constructing the world's largest High Voltage Direct Current (HVDC) cable factory in the UK. ...

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Woori Bank is entering the Mobile Virtual Network Operator (MVNO) market and will utilize LG U+'s network.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] Woori Bank, gearing up to enter the Mobile Virtual Network Operator (MVNO) market, has chosen LG U ...

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The Financial Services Commission (FSC) has decided to impose a fine of 1.5 billion Korean won on Osstem Implant for violating accounting standards.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] On the 29th, the Financial Services Commission decided to impose a fine of 1.4929 billion won on O ...

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SK Ecoplant is planning to sell its stake in a U.S. battery recycling company it invested in two years ago.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] SK Ecoplant is planning to sell its stake in the U.S. battery recycling company Ascend Elements, w ...

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Two employees at Samsung Electronics' Giheung plant have been exposed to radiation.
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] Two employees at Samsung Electronics' Giheung plant were exposed to radiation during work.The Nucl ...

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Samsung Electronics' labor union has announced plans for its first-ever strike
Reporter Kim Jisun 2024.05.30
[Alpha Biz= Reporter Kim Jisun] On the 29th, the National Samsung Electronics Labor Union, the largest union within Samsung Electr ...

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Hyundai Motor has recruited a former Porsche executive as its vice president to oversee Genesis and performance development.
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] Hyundai Motor Group announced on the 28th that it has established a new division called "Genesi ...

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Korea Ratings has downgraded OK Savings Bank's credit rating to 'BBB'.
Kim Minyoung 2024.05.29
[Alpha Biz= Reporter Kim Minyoung] Korea Ratings has announced on the 28th that it has adjusted the corporate credit rating of OK ...

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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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