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Woori Bank is in a 26 billion won lawsuit with an Iranian bank
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Woori Bank has decided to appoint Yulchon, a law firm, to respond to a lawsuit against Ir ...

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Lotte Cultureworks, which operates Lotte Cinema and Lotte Entertainment, is restructuring its workforce.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Lotte Cultureworks, which operates multiplex Lotte Cinema and investment and distribution ...

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Hyundai Mipo Dockyard will change its name in about 30 years.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Mipo Dockyard, a shipbuilding subsidiary of HD Korea Shipbuilding & Marine En ...

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Nexon's 29.3% stake in the holding company will be lifted
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] A 29.3 percent stake in NXC paid by the bereaved family of Nexon founder Kim Jung-joo, wh ...

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Kakao Bank is entering the mobile commerce business
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Internet bank Kakao Bank will enter mobile commerce in earnest.Kakao Bank announced on the ...

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Trading will be suspended on the 4th due to the surge in Duksung and Daesang Holdings, the theme stocks of Han Dong-hoon
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Daesang Holdings and Duksung preferred stocks, which have recently been classified as "Ha ...

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POSCO E&C participates in the Shin Hanul unit 3·4 nuclear power plant project
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Hyundai Engineering & Construction Consortium (Hyundai Engineering & Construction, ...

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The Ministry of Land, Infrastructure and Transport is expected to confirm the disposition of GS E&C related to the 'collapse accident due to missing rebar' in January next year.
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Regarding the collapse of an underground parking lot in an apartment building in Geomdan, ...

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Earn 3% through Naver Pay payment anywhere in the world
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Naver Pay has launched "Naver Pay Money Card," which allows users to set aside 3% of their ...

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SK Magic adds robot, healthcare, and pet care rental items next year
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] On the 4th, SK Magic announced that it would expand its robot, healthcare, and pet care fi ...

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Lotte Tour Development succeeded in refinancing Jeju Dream Tower worth 780 billion won
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Lotte Tour Development said it has succeeded in refinancing Jeju Dream Tower mortgage loan ...

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Six retired public officials from the National Police Agency joined Coupang this year alone.
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Many retired public officials recruited by retail giant Coupang this year are former polic ...

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There are rumors that POSCO Chairman Choi Jeong-woo will resign three months before his term ends.
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] With more than three months left in POSCO Group Chairman Choi Jung-woo's term, rumors of e ...

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Taeyoung Industries was sold to KKR for 240 billion won
Reporter Paul Lee 2023.12.04
[Alpha Biz=(Chicago) Reporter Paul Lee] Global private equity fund operator Kohlberg Kravis Roberts (KKR) has become the new owner ...

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Domestic battery companies pursue a strategy to diversify their supply chains in the long term while reducing Chinese stakes.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] The U.S. has decided to provide subsidies to battery companies with less than a 25% stake ...

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Pension fund sold Samsung Electronics and bought Kakao last month
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Pension funds sold Celltrion and Samsung Electronics last month and actively bought AI-re ...

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Foreign investors switched to buying for the first time in four months and bought 2 trillion won of Samsung Electronics last month.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Last month, foreign investors turned to buying in the local stock market for the first ti ...

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Hanwha Aerospace will sign a main contract with Australia to supply Redback as early as this month.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hanwha Aerospace will sign a contract to deliver trillions of won worth of infantry armor ...

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Yeouido The Hyundai Seoul surpassed annual sales of '1 trillion won' this year ... Shortest record for a domestic department store
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Department Store The Hyundai Seoul announced on the 3rd that its annual sales exc ...

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Ecopro BM signed a 44 trillion won cathode material supply contract with Samsung SDI.
Reporter Kim Jisun 2023.12.04
[Alpha Biz=(Chicago) Reporter Kim Jisun] Ecopro BM, a secondary battery materials company, signed a long-term supply contract with ...

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