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Chaos Erupts at Lotte Department Store in Incheon as Shoppers Rush for Children's Shoes
Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Incheon, April 24, 2025 — A chaotic scene unfolded at a Lotte department store in Incheon, where a crowd of ...

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Over 3,000 Insurance Frauds Uncovered Through Citizen Tips in Korea
Paul Lee 특파원 2025.04.24
[Alpha Biz= Paul Lee] Seoul, April 23, 2025 — More than 3,000 insurance fraud cases were uncovered in South Korea last year thanks ...

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Two Former IT Employees of Lee & Ko Arrested for Insider Trading Using Confidential Tender Offer Information
Kim Jisun 2025.04.23
[Alpha Biz= Kim Jisun] Seoul, South Korea – April 22, 2025 – Two former IT staff members of South Korean law firm Lee & Ko hav ...

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South Korean Government Sanctions Three Luxury E-Commerce Platforms for Misleading Ads and Consumer Rights Violations
Kim Jisun 2025.04.21
[Alpha Biz= Kim Jisun] Three major online platforms selling high-end luxury goods in South Korea have been sanctioned by the gover ...

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Korean Won Falls to 4-Month Low Against Dollar, Closing at 1,418.9 Won
Paul Lee 특파원 2025.04.18
[Alpha Biz= Paul Lee] The Korean won has dropped to its lowest level in over four months, trading at 1,418.9 won against the US do ...

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Over 40% of Korean Manufacturers Lack Strategy Amid U.S. Trade Uncertainty
Kim Jisun 2025.04.17
[Alpha Biz= Kim Jisun] More than 40% of South Korean manufacturing companies have no concrete strategy to address growing trade un ...

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South Korea Introduces Account Freezes for Suspected Illegal Short Selling and Unfair Trading
Paul Lee 특파원 2025.04.15
[Alpha Biz= Paul Lee] The South Korean government will implement a new system allowing the suspension of payments from accounts su ...

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Stricter U.S. Immigration Policies Under Trump Lead to Sharp Drop in Tourist Arrivals
Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] As the Trump administration intensifies immigration enforcement, a growing number of tourists are being den ...

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Over 117,000 Imported Vehicles Recalled in South Korea Due to Manufacturing Defects
Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) announced Thursday that five major aut ...

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Fatal Banyan Tree Resort Fire in Busan Caused by Welding Sparks and Safety Failures, Police Say
Kim Jisun 2025.04.08
[Alpha Biz= Kim Jisun] The deadly fire at the Banyan Tree Resort construction site in Busan this past February, which claimed the ...

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Short Selling Surges After Ban Lifted, Foreign Investors Lead Sell-Off
Kim Jisun 2025.04.07
[Alpha Biz= Kim Jisun] Since the resumption of short selling on March 31, trading volume has significantly increased compared to p ...

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HUG System Failure Halts Mortgage Guarantee Services for Eight Hours
Paul Lee 특파원 2025.04.01
[Alpha Biz= Paul Lee] A system failure at the Housing and Urban Guarantee Corporation (HUG) caused an eight-hour disruption in gua ...

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Luxury E-Commerce Platform Balaan Halts Payment Services Amid Settlement Controversy
Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Luxury online platform Balaan has completely suspended its payment services following controversy over dela ...

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Foreign Banks in Korea Reported 1.78 Trillion Won Net Profit in 2023
Paul Lee 특파원 2025.03.27
[Alpha Biz= Paul Lee] Foreign banks operating in South Korea earned a net profit of 1.78 trillion won in 2023, marking an increase ...

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Rising Food Prices: Beer, Dairy, and Instant Noodles See Increases
Kim Jisun 2025.03.24
[Alpha Biz= Kim Jisun] Following the recent price hike in instant noodles, the cost of processed foods such as beer and dairy prod ...

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Ottogi to Raise Instant Noodle Prices by an Average of 7.5% Starting Next Month
Paul Lee 특파원 2025.03.21
[Alpha Biz= Paul Lee] Ottogi announced on Thursday that it will increase the factory prices of 16 types of instant noodles, includ ...

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KOSPI Trading Halt Due to System Glitch Linked to 'Mid-Price Quote'
Paul Lee 특파원 2025.03.19
[Alpha Biz= Paul Lee] A system glitch that occurred in the KOSPI market on Tuesday (18th) was found to be related to the recently ...

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40% of Domestic Stockholders Own Samsung Electronics, with Large Shareholders in Gangnam, Seoul
Paul Lee 특파원 2025.03.18
Photo = Samsung Electronics [Alpha Biz= Paul Lee] As of the end of last year, 40% of domestic stockholders held shares in Samsung ...

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20s Employee of Incheon Airport Subsidiary Dies After Fall from Parking Tower
Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] A man in his 20s, employed by a subsidiary of Incheon International Airport Corporation, has died after fal ...

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Chinese E-commerce Platform Temu Faces Scrutiny for Collecting Sensitive Data from Korean Sellers
Kim Jisun 2025.03.13
[Alpha Biz= Kim Jisun] Temu, the Chinese e-commerce platform that has announced its direct entry into the South Korean market, has ...