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Both companies' stock prices closed lower as HYBE disposed of a large portion of its shares in SM Entertainment.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] On the 28th, both companies' stock prices closed lower as HYBE disposed of a large portion of it ...

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KT is considering whether to appeal a court ruling that it must pay 12 billion won in compensation for participating in bid rigging for a national project.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] According to industry sources on the 29th, KT is considering whether to appeal a court ruling th ...

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Lotte Duty Free is set to enter emergency management next month, with considerations underway for restructuring its workforce.
Reporter Kim SangJin 2024.05.29
[Alpha Biz= Reporter Kim Sangjin] Lotte Duty Free, which has been experiencing deteriorating performance due to the slump in duty- ...

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KFTC conducted on-site investigations at the headquarters of Krafton and Com2us amid suspicions that they misrepresented the probabilities of in-game items.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] According to industry sources on the 29th, it has been confirmed that the Korea Fair Trade Commiss ...

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Medytox is setting up a botulinum toxin plant in Dubai, targeting a market estimated to be worth KRW 2 trillion.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Medytox is aiming to target the Middle East and European aesthetic medical market, estimated to be ...

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Emart is investing KRW 100 billion in Chosun Hotel & Resort.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Emart announced on the 28th that it will invest KRW 100 billion in its affiliate, Chosun Hotel &am ...

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Samsung Electronics is teaming up with Lennox in the U.S. to target the North American HVAC (heating, ventilation, and air conditioning) market.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics announced on the 28th that it has signed an agreement to establish a joint ven ...

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Credit rating agency S&P Global announced that it has downgraded the credit rating outlook for LG Chem and LG Energy Solution from 'stable' to 'negative'.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Credit rating agency S&P Global announced that it has adjusted the credit rating outlook for L ...

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Hanwha Global has reached a basic agreement with INEOS of the UK to establish low-carbon ammonia production.
Reporter Kim Jisun 2024.05.29
[Alpha Biz= Reporter Kim Jisun] Hanwha Global Division (hereafter Hanwha Global) announced on the 28th that it has signed a basic ...

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[Exclusive] South Korea's EO Technics surpassed Japan's Disco Corp and became the leader in the front-end processes of semiconductor manufacturing. "TSMC chose EO technics as a single source vendor
Reporter Kim Jisun 2024.05.28
[Alpha Biz= Reporter Kim Jisun & Lee Hyung Jin] A South Korean company has been confirmed to have completely overtaken the wor ...

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The extent of sanctions against Kakao Mobility is expected to be largely determined by the presence of deliberate misconduct.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] It is anticipated that the financial authorities will confirm the level of sanctions against Ka ...

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JYP Entertainment is forecasted to fall short of its operating profit expectations due to the debut of new artists.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] JYP Entertainment is expected to deliver disappointing performance in the second quarter.On the ...

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A local employee of Daegu Bank's subsidiary in Myanmar was murdered on the 27th.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] Two local employees of DGB Daegu Bank's Myanmar subsidiary were reportedly shot dead by armed a ...

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Yuanta Securities maintained its "buy" rating on CJ, citing strong sales performance and improved profitability across all business segments.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] Yuanta Securities maintained its "buy" rating on CJ on the 27th, citing strong sales performanc ...

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Doosan Enerbility's stock price surged to a record high on reports of a contract to supply SMR facilities to the United States.
Kim Minyoung 2024.05.28
[Alpha Biz= Reporter Kim Minyoung] On the 27th, reports of Doosan Enerbility supplying equipment for a Small Modular Reactor (SMR) ...

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IMM Private Equity (PE) is driving the sale of HanaTour, with Citibank Securities selected as the lead underwriter.
Reporter Kim SangJin 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] IMM Private Equity (PE), which is driving the sale of HanaTour's stake, has selected Citigroup G ...

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Business leaders including Lee Jae-yong, Choi Tae-won, and Jung Ui-sun are set to meet with the President of the UAE during his visit to Korea.
Reporter Kim SangJin 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] On the 28th, major business leaders are scheduled to meet with President Mohammed bin Zayed Al N ...

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"Fadu, a system semiconductor fabrication company, has secured a contract worth 192 billion won from an overseas SSD specialist company."
Reporter Kim SangJin 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] FADU, a system semiconductor company, has begun to show signs of recovery in its performance. On ...

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A computer glitch occurred in Samsung Securities' MTS 'mPOP' and HTS
Reporter Kim SangJin 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] On the morning of the 27th, a computer glitch occurred in Samsung Securities' mobile trading ser ...

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