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North Korea has announced a temporary halt to the distribution of balloons carrying trash and other materials into South Korea.
Kim Minyoung Reporter 2024.06.03
[Alpha Biz= Reporter Kim Minyoung] North Korea announced on the 2nd that it would temporarily suspend the distribution of balloons ...

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The National Pension Service plans to decrease its domestic stock holdings and increase its investment in overseas stocks.
Kim Minyoung Reporter 2024.06.03
[Alpha Biz= Reporter Kim Minyoung] The National Pension Service is increasing its allocation to overseas stocks compared to domest ...

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North Korea experienced a failure in the launch of a military reconnaissance satellite when the first stage of a new rocket exploded mid-flight.
Kim SangJin Reporter 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] North Korea acknowledged a launch failure on the night of the 27th, as a new rocket's first stag ...

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The Korea Exchange estimated that it will take at least 10 months to build the short selling computer system.
Kim Jisun Reporter 2024.05.27
[Alpha Biz= Reporter Kim Jisun] According to Jung Eun-bo, the Chairman of the Korea Exchange, it is expected to take at least 10 m ...

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Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) reported that they spent 1.5 trillion won solely on interest expenses in the first quarter.
Kim Minyoung Reporter 2024.05.26
[Alpha Biz= Reporter Kim Minyoung] Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) incurred a significa ...

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Morgan Stanley "Bank of Korea interest rate cut from October"
Kim SangJin Reporter 2024.05.23
[Alpha Biz= Reporter Kim Sangjin] Morgan Stanley, a global investment bank, pointed to October this year as the time to cut its be ...

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GEPS is recruiting a domestic private equity fund (PEF) manager to invest 1.4 trillion won of funds.
Kim SangJin Reporter 2024.05.21
[Alpha Biz= Reporter Kim Sangjin] GEPS (Government Employees Pension Service) is seeking to recruit a domestic private equity fund ...

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K Ramen has achieved its first milestone of monthly exports surpassing $100 million, marking a twofold growth over the past four years.
Kim Jisun Reporter 2024.05.20
[Alpha Biz= Reporter Kim Jisun] According to Korea Customs Service trade statistics on the 19th, the monthly export value of ramen ...

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The Bank of Korea renewed a currency swap agreement worth 5 trillion won with Malaysia.
Kim Minyoung Reporter 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] The Bank of Korea announced on the 13th that it has renewed its one-ringgit currency swap cont ...

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Gyeonggi Province Governor and Democratic Party of Korea representative Lee Jae-myung strongly criticized the government for not taking decisive action against Japan's "Line intrusion.
Kim Jisun Reporter 2024.05.13
[Alpha Biz= Reporter Kim Jisun] Lee Jae-myung, the representative of the Democratic Party of Korea, strongly criticized the govern ...

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Moody's has maintained South Korea's credit rating at 'Aa2, stable,' while predicting a growth rate of 2.5%.
Paul Lee Reporter 2024.05.10
[Alpha Biz= Reporter Paul Lee] On the 9th, international credit rating agency Moody's announced that it would maintain South Korea ...

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The South Korean government plans to provide 9.7 trillion won in policy financing this year to support the self-reliance of the domestic battery and automotive industries' supply chains.
Kim Minyoung Reporter 2024.05.09
[Alpha Biz= Reporter Kim Minyoung] The South Korean government plans to support the self-reliance of the domestic battery and auto ...

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Government's online civil service Government 24 launched an investigation by the Personal Information Protection Commission on the issuance of more than 1,200 errors
Paul Lee Reporter 2024.05.07
[Alpha Biz= Reporter Paul Lee] Recent errors in the government's online complaint service, Government 24, have prompted the Person ...

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The OECD has significantly upgraded its growth forecast for South Korea, raising it from 2.2% to 2.6%.
Kim Minyoung Reporter 2024.05.03
[Alpha Biz= Reporter Kim Minyoung] The Organization for Economic Co-operation and Development (OECD) has made a significant upward ...

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The The Rebuilding Korea Party pointed to the Japanese government's response to Yoon Seok-yeol's growing pressure to sell Naver's stake in Line
Kim Minyoung Reporter 2024.04.29
[Alpha Biz= Reporter Kim Minyoung] Recently, amid growing pressure from the Japanese government and political circles on Naver to ...

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The Fair Trade Commission's sanctions on large domestic companies plunged 90% to 224.8 billion won last year
Paul Lee Reporter 2024.04.25
[Alpha Biz= Reporter Paul Lee] The amount of sanctions imposed by local and foreign regulators has been reduced by a quarter compa ...

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National Pension Service stock valuation decreased by 1.6555 trillion won this year
Kim Minyoung Reporter 2024.04.22
[Alpha Biz= Reporter Kim Minyoung] This year, the National Pension Service's stock valuation fell by KRW 1.7 trillion from the end ...

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Samsung Electronics Chairman Lee Jae-yong has been named the "Richest Person in Korea" by Forbes of the United States.
Paul Lee Reporter 2024.04.19
[Alpha Biz= Reporter Paul Lee] Samsung Electronics Chairman Lee Jae-yong has been named the "Richest Person in Korea" by Forbes of ...

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The U.S. Justice Department has indicted a former North Korean diplomat on charges of money laundering and bank fraud
Paul Lee Reporter 2024.04.17
[Alpha Biz= Reporter Paul Lee] A former North Korean Embassy official in Thailand who secretly transported goods from Thailand to ...

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North Korea launches a salute to celebrate Kim Il Sung's birthday
Kim Minyoung Reporter 2024.04.16
[Alpha Biz= Reporter Kim Minyoung] Korean Central News Agency reported on the 15th that North Korea held a night party of young st ...

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