Korea

Korea

National Pension’s Equity Holdings Surge by Nearly KRW 80 Trillion in Q1 on Market Rally

Photo courtesy of Yonhap News[Alpha Biz= Kim Sang Jin]South Korea’s National Pension Service saw the value of its domestic equity holdings rise by nearly KRW 80 trillion in the first quarter, driven by a strong stock market rally.According to data co
Korea

Justice Ministry Suspends Prosecutor Park Sang-yong Over Alleged Misconduct in North Korea Remittance Probe

Park Sang-yong, who investigated the “Ssangbangwool North Korea remittance” case.(Photo=Yonhap News Agency) [Alpha Biz= Kim Sang Jin] South Korea’s Ministry of Justice has suspended Park Sang-yong from duty over allegations of misconduct during the i

Korea

Korea Exchange Flags 76 Suspected Short-Selling Violations via Monitoring System

Korea Exchange. (Photo = Korea Exchange)[Alpha Biz= Kim Sang Jin] The Korea Exchange (KRX) announced on March 30 that it has identified 76 suspected violations related to short selling over the past year using its centralized monitoring system and ha
Korea

Retrial Begins in Lone Star’s KRW 168.2 Billion Tax Refund Lawsuit Against Korea

Photo courtesy of Yonhap News [Alpha Biz= Kim Sang Jin] A retrial has begun in Lone Star Funds’ lawsuit seeking the return of KRW 168.2 billion in taxes from the South Korean government and the Seoul Metropolitan Government.On March 19, the Seoul Hig

Korea

Nearly Half of Koreans Shift to Stocks, Funds and Gold After Loan Curbs

Photo courtesy of Yonhap News[Alpha Biz= Kim Sang Jin] Nearly one in two South Koreans is planning to invest in assets other than real estate following the government’s tightened lending regulations, according to a new survey.The IBK Economic Researc

Korea

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"A North Korean airborne unit crashed in a parachute tangled, resulting in a number of casualties.": Kim Minyoung 04/04/2024 03:43 AM; (Photo = Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Last month, Kim Jong-un, Chairman of the State Affairs Commission of North ...

Everland has decided to hold a farewell ceremony for the giant panda Fubao, which will soon return to China.: 김지선 04/02/2024 04:38 AM; (Photo = Everland) [Alpha Biz=(Chicago) Reporter Paul Lee] Everland has decided to hold a farewell ceremony for the giant panda Fu ...

Cherry blossom festival without cherry blossoms ... "expected to bloom on the 5th in Seoul": Paul Lee 04/01/2024 03:19 AM; (Photo = Yonhap news)[Alpha Biz=(Chicago) Reporter Paul Lee] This weekend, cherry blossom festivals without cherry blossoms were h ...

Daol Investment & Securities raised its target to 190,000→250,000 won, saying it expects to win new orders for L&F: Kim Jisun 03/27/2024 03:52 AM; [Alpha Biz=(Chicago) Reporter Kim Jisun] Daol Investment & Securities said L&F has increased visibility into new orders. H ...

KB Securities raised its target to 210,000 won for mid- to long-term AI benefits for Samsung Electro-Mechanics: Kim Jisun 03/27/2024 03:47 AM; View of Samsung Electro-Mechanics' Suwon plant. (Photo=Samsung Electro-Mechanics)[Alpha Biz=(Chicago) Reporter Kim Jisun] KB Secur ...

The government is pushing the Export-Import Bank of Korea to invest 2 trillion won: Paul Lee 03/25/2024 01:10 AM; Export-Import Bank of Korea (photo=Export-Import Bank of Korea)[Alpha Biz=(Chicago) Reporter Paul Lee] The government will push fo ...

Naver, limit 10 comments per article per person: Kim Jisun 03/18/2024 03:39 AM; View of Naver office building. (Photo=Naver)[Alpha Biz=(Chicago) Reporter Kim Jisun] The number of replies a person can post per a ...

The government will invest 2 trillion won in the Korea Development Bank: Kim Jisun 03/17/2024 11:47 PM; KDB Industrial Bank. (photo = Yonhap news)[Alpha Biz=(Chicago) Reporter Kim Jisun] The government will invest about KRW 2 trillion ...

S. Korea-US Foreign Ministers held lunch meeting in Seoul on the 18th: Paul Lee 03/15/2024 06:35 AM; (Photo=Ministry of Foreign Affairs) [Alpha Biz=(Chicago) Reporter Paul Lee] The Korea-U.S. Foreign Ministers' Meeting between Fore ...

By 2027, the space development budget will be expanded to more than 1.5 trillion won: Paul Lee 03/14/2024 05:40 AM; (Photo of President Yoon Seok-yeol = presidential office) [Alpha Biz=(Chicago) Reporter Paul Lee] President Yoon Seok-yeol announc ...

The government provides 18 million won per month for new doctors and 4 million won per month for nurses: Paul Lee 03/13/2024 03:12 AM; [Alpha Biz=(Chicago) Reporter Paul Lee] The government will strengthen compensation for emergency medical institutions and emergen ...

The government "send prior notice of administrative disposition to 4,944 medical residents who have left": Paul Lee 03/12/2024 07:37 AM; Photo = Yonhap news [Alpha Biz=(Chicago) Reporter Paul Lee] With nearly 12,000 residents leaving their workplaces despite the gove ...

The government will send 158 military doctors and public information officers to 20 hospitals from the 11th: Paul Lee 03/11/2024 11:27 PM; [Alpha Biz=(Chicago) Reporter Paul Lee] The government has decided to send 20 military doctors and 138 public health doctors to 20 ...

Samsung Electronics Chairman Lee Jae-yong was acquitted three years and five months after being put on trial on suspicion of 'illegal succession of management rights.': 김지선 02/06/2024 02:14 AM; [Alpha Biz=(Chicago) Reporter Kim Jisun] Lee Jae-yong, 56, chairman of Samsung Electronics, was acquitted three years and five mon ...

Mirae Asset Securities purchased an additional 15 million shares of treasury stock in three months: 폴 리 01/26/2024 07:20 AM; [Alpha Biz=(Chicago) Reporter Paul Lee] Mirae Asset Securities said on the 25th that it has decided to buy an additional 15 millio ...

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K-Pop Stars Shine at Met Gala in New York

Only 1 in 10 Financial Services Commission Staff Trade Domestic Stocks Amid Strict Rules

POSCO Future M Secures Exclusive Solid-State Cathode Deal with Japanese Automaker

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National Pension’s Equity Holdings Surge by Nearly KRW 80 Trillion in Q1 on Market Rally

Justice Ministry Suspends Prosecutor Park Sang-yong Over Alleged Misconduct in North Korea Remittance Probe

Korea Exchange Flags 76 Suspected Short-Selling Violations via Monitoring System

Retrial Begins in Lone Star’s KRW 168.2 Billion Tax Refund Lawsuit Against Korea

Nearly Half of Koreans Shift to Stocks, Funds and Gold After Loan Curbs

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