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South Korea Sets 2025 Minimum Wage at KRW 10,320, Up 2.9% from 2024
Paul Lee 특파원 2025.07.11
[Alpha Biz= Paul Lee] South Korea's Minimum Wage Commission announced on July 10 that the national minimum wage for 2025 has been ...

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Korea’s Financial Authorities to Launch Joint Task Force to Eradicate Stock Price Manipulation and Crack Down on Accounting Fraud
Paul Lee 특파원 2025.07.10
[Alpha Biz= Paul Lee] South Korea's financial authorities announced plans to significantly strengthen penalties for unfair trading ...

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Former Samsung Chairman Lee Kun-hee’s Itaewon Residence Sold for KRW 22.8 Billion Amid Inheritance Tax Payments
Kim Jisun 2025.07.09
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — A luxury residence in Seoul’s Itaewon neighborhood, previously owned by ...

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Major Securities Firms Restructure Boards Amid Regulatory Push for Governance Reform
Paul Lee 특파원 2025.07.08
[Alpha Biz= Paul Lee] SEOUL, July 7 — Leading securities firms in South Korea are beginning to separate the roles of CEO and board ...

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Korean Pharma Industry on Alert as Government Cracks Down on Rebate Practices
Kim Jisun 2025.07.07
[Alpha Biz= Kim Jisun] The South Korean pharmaceutical industry is on edge amid growing scrutiny from law enforcement agencies fol ...

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Over 1,000 Cases Approved as Jeonse Fraud Victims in June—Total Surpasses 31,000
Paul Lee 특파원 2025.07.04
[Alpha Biz= Paul Lee] The Ministry of Land, Infrastructure and Transport (MOLIT) announced on July 3 that the Jeonse Fraud Victim ...

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China’s E-Commerce Platforms Squeeze Korea’s Trade Balance Amid Surge in Ultra-Cheap Imports
Paul Lee 특파원 2025.07.03
[Alpha Biz= Paul Lee] The rapid expansion of ultra-low-cost Chinese e-commerce platforms such as AliExpress and Temu in the Korean ...

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Korean Investors Pour Over $1 Billion into US Stablecoin-Linked Stocks in June
Paul Lee 특파원 2025.07.02
[Alpha Biz= Paul Lee] Korean investors poured more than 1 trillion won (approx. $752 million USD) into U.S. stablecoin-related sto ...

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Economic Optimism in South Korea Hits Record High, Gallup Survey Shows
Paul Lee 특파원 2025.06.30
[Alpha Biz= Paul Lee] Public confidence in South Korea’s economic outlook has reached record levels, with optimism more than twice ...

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Data Breaches Reported at Korea Papa John’s and Luxury Platform Mustit Amid Growing Concerns Over Customer Information Leaks
Kim Jisun 2025.06.27
[Alpha Biz= Kim Jisun] Customer data breaches have recently occurred at Korea Papa John’s, a pizza franchise, and Mustit, a luxury ...

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Kyochon Chicken to Partner with Baemin, Excluding Coupang Eats
Paul Lee 특파원 2025.06.26
[Alpha Biz= Paul Lee] Kyochon Chicken, one of South Korea’s largest fried chicken franchises, is set to form a strategic partnersh ...

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Flight Cancellations Expand to Dubai and Doha Following U.S. Strike on Iranian Nuclear Sites
Paul Lee 특파원 2025.06.24
[Alpha Biz= Paul Lee] Following the United States' airstrikes on three Iranian nuclear facilities in the early hours of June 22 (l ...

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Baemin to Waive Commission Fees for Orders Under KRW 10,000 Amid Criticism Over Effectiveness
Kim Jisun 2025.06.20
[Alpha Biz= Kim Jisun] Baedal Minjok (Baemin), a leading food delivery platform in South Korea, announced a new merchant support p ...

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KFTC Launches On-Site Probe into Alleged Egg Price Fixing by Layer Chicken Association
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) has launched an on-site investigation into the Layer Chicken Associa ...

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South Korean Firms Issue Travel Warnings Amid Escalating Protests in Los Angeles
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Amid escalating protests in Los Angeles sparked by a crackdown on undocumented immigrants, major South Kore ...

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Foreign Investors Turn Net Buyers in Korean Stock Market After 10 Months
Paul Lee 특파원 2025.06.13
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 12, 2025 — Foreign investors returned to net buying in the South Korean stock mark ...

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Tech Companies Raise U.S. Prices Amid Tariff Concerns; Global Ripple Effects Feared
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] As major smartphone manufacturers such as Samsung Electronics and Apple weigh potential price hikes in the ...

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Cartier Confirms Data Breach Affecting Customer Information
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Cartier, the luxury brand under Richemont Group, has confirmed a data breach involving unauthorized access ...

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Baedal Minjok (Baemin) Announces Compensation Measures Following App Outage
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Seoul, June 1 — Woowa Brothers, operator of South Korea’s leading food delivery platform Baedal Minjok (Bae ...

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KFTC Imposes Fine on Company for Bid-Rigging in Korea Electric Power Corporation’s Wood Pellet Procurement Tenders
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) announced on June 1 that it has imposed corrective orders and a fine ...