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Naver Webtoon to Strengthen Community Guidelines to Curb Inappropriate Content and Harmful Comments
Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Naver Webtoon announced on May 29 that it will implement strengthened community guidelines aimed at blockin ...

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Korea Exit Fears Resurface as GM Korea Halts New Vehicle Production and Begins Asset Sales
Kim Jisun 2025.05.29
[Alpha Biz= Kim Jisun] GM Korea has decided not to produce any new vehicles at its domestic plants, fueling renewed concerns over ...

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Operator of Korea’s Largest Piracy Site 'NunuTV' Sentenced to Three Years in Prison
Kim Jisun 2025.05.27
[Alpha Biz= Kim Jisun] The operator of NunuTV, South Korea’s largest copyright-infringing website that illegally distributed hit K ...

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Google Proposes Voluntary Remedy to Address Antitrust Concerns Over YouTube Music Bundling
Kim Jisun 2025.05.23
[Alpha Biz= Kim Jisun] Google has submitted a voluntary corrective plan to the Korea Fair Trade Commission (KFTC) amid allegations ...

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Consumer Dispute Resolution Committee Initiates Collective Dispute Procedure Over Air Conditioning Defects in 2022 Audi Q4 e-tron SUVs
Kim Jisun 2025.05.22
[Alpha Biz= Kim Jisun] The Consumer Dispute Resolution Committee under the Korea Consumer Agency announced on May 21 that it has d ...

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Fire at Banyan Tree Haeundae Puts ₩375 Billion PF Loan at Risk; Lenders Defer EOD Action
Kim Jisun 2025.05.21
[Alpha Biz= Kim Jisun] The recent fire at the high-end Banyan Tree Haeundae resort in Busan has triggered a major crisis in the fi ...

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Financial Supervisory Service Advises on Consumer Precautions for Credit Card Fraud and Lost Cards
Paul Lee 특파원 2025.05.20
[Alpha Biz= Paul Lee] Mr. Lee suffered unauthorized charges amounting to approximately 6 million KRW after losing his credit card ...

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Sudden Bankruptcy of Online Tutoring Platform 'TOPCLASS EDUEYE' Triggers Major Fallout for Students, Parents, and Instructors
Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] The abrupt bankruptcy of TOPCLASS EDUEYE, a remote online education platform, has left hundreds of students ...

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Majority of Koreans Support Tobacco Companies Bearing Medical Costs for Lung Cancer Patients
Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] Ahead of the final hearing in the appeals trial for a KRW 50 billion damages lawsuit filed by the National ...

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FSC Finalizes Amendments to External Audit Law to Incentivize Strong Audit Governance
Paul Lee 특파원 2025.05.15
[Alpha Biz= Paul Lee] Seoul, May 14, 2025 — The Financial Services Commission (FSC) of Korea announced today the finalization of a ...

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Dior Discloses Data Breach Affecting Customer Information
Kim Jisun 2025.05.14
[Alpha Biz= Kim Jisun] Luxury fashion house Dior confirmed on May 13 that it suffered a data breach earlier this month, affecting ...

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Bloomberg reported on the 11th (local time) that Asian currencies, including the South Korean won, are in an undervalued zone.
Paul Lee 특파원 2025.05.13
[Alpha Biz= Paul Lee] According to data compiled by Bloomberg, the South Korean won, Indonesian rupiah, Brazilian real, Taiwan dol ...

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Korean Pharmaceutical Companies Accelerate Eco-Friendly Management Initiatives
Kim Jisun 2025.05.12
[Alpha Biz= Kim Jisun] A growing wave of eco-friendly management is sweeping through the Korean pharmaceutical industry, as compan ...

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BGF Retail Reports 30.7% Decline in Q1 Operating Profit Amid Slower Convenience Store Sales Growth
Paul Lee 특파원 2025.05.09
[Alpha Biz= Paul Lee] BGF Retail announced on May 8 that its consolidated operating profit for the first quarter (January to March ...

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KFTC to Decide Next Week on Consent Decision for Google’s Alleged YouTube Music Bundling
Kim Jisun 2025.05.08
[Alpha Biz= Kim Jisun] Seoul, May 7, 2025 — South Korea’s antitrust regulator, the Korea Fair Trade Commission (KFTC), is set to d ...

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U.S. Tariffs on Imported Pharmaceuticals Could Impact South Korea’s Biopharma Industry
Kim Jisun 2025.05.07
[Alpha Biz= Kim Jisun] According to industry sources on May 6, the potential imposition of tariffs on imported pharmaceuticals by ...

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AlbaMon Suffers Data Breach; Over 22,000 Resumes Exposed in Cyberattack
Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] Seoul, May 2, 2025 — AlbaMon, a leading South Korean part-time job matching platform, has confirmed that mo ...

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FSS to Conduct On-Site Inspections of Major Asset Managers Over ETF Issues
Paul Lee 특파원 2025.04.30
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) will begin on-site inspections of major South Korean asset managemen ...

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South Korea’s Hiring Declines for Seventh Straight Quarter Amid Rise in Involuntary Unemployment and Short-Term Jobs
Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] The Korea Employers Federation (KEF) released a report on April 28 titled "Key Trends and Implications of R ...

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Electricity Regulatory Commission Imposes Fines on Solar Power Operators for Output Control Violations
Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] On April 25, the Ministry of Trade, Industry and Energy (MOTIE) announced that the Electricity Regulatory C ...