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South Korea's Total Market Capitalization Surpasses KRW 3,000 Trillion for the First Time
Paul Lee 특파원 2025.07.11
[Alpha Biz= Paul Lee] For the first time in history, the combined market capitalization of companies listed on South Korea’s KOSPI ...

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Special Prosecutor Seeks Arrest Warrant for Former President Yoon Suk-yeol in December 3 Martial Law Probe
Kim Jisun 2025.07.07
[Alpha Biz= Kim Jisun] On June 6, the special investigation team led by Special Prosecutor Cho Un-seok officially requested an arr ...

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South Korea Launches Joint Investigation into Potential Pollution from North Korean Uranium Plant
Kim Jisun 2025.07.04
[Alpha Biz= Kim Jisun] The South Korean government announced on June 3 that it will conduct a special joint investigation in respo ...

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Hyundai Rotem Finalizes Second K2 Tank Export Deal with Poland, Estimated at $6.5 Billion
Kim Jisun 2025.07.03
[Alpha Biz= Kim Jisun] South Korea’s Hyundai Rotem has concluded a second export contract for K2 main battle tanks with the Polish ...

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South Korea Approves Industrial Complex Plan for Naju Energy National Industrial Complex
Paul Lee 특파원 2025.07.02
[Alpha Biz= Paul Lee] On July 2, the Ministry of Land, Infrastructure and Transport of South Korea approved the industrial complex ...

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President Lee Jae-myung Nominates Tax Expert Lim Kwang-hyun as National Tax Service Commissioner
Paul Lee 특파원 2025.06.27
[Alpha Biz= Paul Lee] On June 26, South Korean President Lee Jae-myung nominated Rep. Lim Kwang-hyun of the Democratic Party as th ...

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South Korea Misses Out Again on MSCI Developed Market Watchlist Inclusion
Paul Lee 특파원 2025.06.25
[Alpha Biz= Paul Lee] South Korea has once again failed to be included in Morgan Stanley Capital International’s (MSCI) Developed ...

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Business Leaders Nominated as Ministers in President Lee Jae-myung’s First Cabinet Line-up
Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] President Lee Jae-myung has unveiled his first cabinet nominations, with notable appointments of business l ...

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Hyundai Motor to Halt IONIQ 5 and Kona EV Production Again Amid Global EV Slump
Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] Hyundai Motor Company is set to suspend operations at its Ulsan Plant 1, Line 12 — the production line dedi ...

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President Lee Jae-myung to Skip NATO Summit in The Hague Due to Domestic and Global Priorities
Kim Jisun 2025.06.23
[Alpha Biz= Kim Jisun] SEOUL, June 22, 2025 — South Korean President Lee Jae-myung has decided not to attend the upcoming NATO Sum ...

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Seoul, Gyeonggi, and Incheon Subway Base Fare to Rise to KRW 1,550 Starting June 28
Kim Jisun 2025.06.20
[Alpha Biz= Kim Jisun] SEOUL, June 19 – The Seoul Metropolitan Government announced that starting June 28, the base fare for subwa ...

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Korean Tax Authorities Failed to Levy Taxes on $680M in Fishing Vessel Buyback Payments Over 15 Years
Paul Lee 특파원 2025.06.18
[Alpha Biz= Paul Lee] South Korea's National Tax Service (NTS) failed to impose taxes on over KRW 900 billion (approx. USD 680 mil ...

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Bangladeshi National Arrested for Orchestrating Visa Fraud Scheme Using Fake U.S. Green Card Identities
Paul Lee 특파원 2025.06.11
[Alpha Biz= Paul Lee] INCHEON, South Korea — June 11, 2025 — A 42-year-old Bangladeshi national has been referred to prosecutors b ...

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Fire Breaks Out at Factory in Seoul’s Mullae-Dong; No Casualties Reported
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] A fire broke out at a factory in Mullae-dong 3-ga, Yeongdeungpo District, Seoul, at approximately 3:10 p.m. ...

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South Korea’s Presidential Election Turnout Hits 77.8%, Surpassing 2022 Level
Kim Jisun 2025.06.03
[Alpha Biz= Kim Jisun] As of 7 p.m. on June 3, South Korea’s nationwide voter turnout reached 77.8%, surpassing the final turnout ...

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Early Voting Begins for Korea’s 21st Presidential Election
Paul Lee 특파원 2025.05.29
[Alpha Biz= Paul Lee] Early voting for the 21st presidential election in South Korea began at 6 a.m. on May 29 at 3,568 polling st ...

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Concerns Rise Over U.S. Drug Tariffs Following National Security Review, Korean Pharma Industry Urged to Prepare Proactive Strategies
Kim Jisun 2025.05.22
[Alpha Biz= Kim Jisun] With the U.S. Department of Commerce’s national security review of pharmaceuticals under the Trump administ ...

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Korea to Overhaul Inheritance Tax System for the First Time in 75 Years: Major Tax Relief for Multi-Child Families
Paul Lee 특파원 2025.05.21
[Alpha Biz= Paul Lee] The South Korean government has decided to overhaul its inheritance tax system for the first time in 75 year ...

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South Korea to Invest KRW 180 Billion in Polymer-Based Solid-State Battery Development by 2028
Paul Lee 특파원 2025.05.20
[Alpha Biz= Paul Lee] On May 19, the Ministry of Trade, Industry and Energy (MOTIE) of South Korea announced its full-scale suppor ...

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Supreme Court Rules Fair Trade Commission’s Fines on Shipping Companies for Freight Rate Collusion Were Lawful
Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Seoul, May 18, 2025 — The Supreme Court of Korea has upheld the legality of the Fair Trade Commission’s (KF ...