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Woori Bank Selected as Preferred Bidder for National Pension Service’s FX Custody Mandate Worth KRW 886 Trillion in Overseas Assets
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] The National Pension Service (NPS) has selected Woori Bank as the preferred bidder to serve as its foreign e ...

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Hyundai Marine Exposure Estimated at KRW 10 Billion in HMM Namu War Risk Insurance Case
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] Hyundai Marine & Fire Insurance is estimated to have exposure of around KRW 10 billion in connection wit ...

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EcoPro BM Reports NCA Material Leak at Hungary Plant Ahead of Commercial Operations
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] EcoPro BM experienced a leakage incident involving nickel-cobalt-aluminum (NCA) cathode semi-finished mater ...

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Kolon Group Considers Divestment of Semiconductor Film Unit to Fund New Businesses
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] Kolon Group is reviewing the sale of select business units, including a semiconductor film division under K ...

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Prosecutors Again Reject Arrest Warrant for HYBE Chairman Bang Si-hyuk Over IPO Fraud Allegations
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] South Korean prosecutors have once again rejected an arrest warrant request for Bang Si-hyuk, citing insuffi ...

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KAI Union Opposes Hanwha’s Stake Move, Warns Against Management Influence
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] The labor union of Korea Aerospace Industries (KAI) has strongly opposed Hanwha’s recent stake acquisition ...

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Tesla, BYD Hit Record April Sales in Korea, Dominate Imported EV Market
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] Tesla and BYD both posted record monthly sales in South Korea in April, capturing strong demand for electri ...

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Transport Ministry Orders Full Probe into Affiliates Over Alleged Martial Law Cooperation by Rail Agency
Ellie Kim 인턴기자 2026.05.08
[Alpha Biz= Ellie Kim] South Korea’s Ministry of Land, Infrastructure and Transport has launched a comprehensive review of its aff ...

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South Korea to Issue Commemorative Stamps Honoring BLACKPINK Next Month
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] The Ministry of Science and ICT’s Postal Business Headquarters announced on May 7 that it will release a set ...

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Upstage to Acquire Kakao’s Portal Daum in Stock Swap Deal, Aiming to Build Next-Generation AI Portal
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] Upstage has signed a definitive agreement to acquire AXZ, the operator of portal Daum, from Kakao, marking a ...

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MBK Partners Hires Additional U.S. Lobbyist for CFIUS Review Amid Korea Zinc Control Battle
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] MBK Partners has appointed an additional U.S. lobbyist to address potential scrutiny from the Committee on ...

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Youngone Group Owner Family Maintains Active Management Amid Legal Risks Over Affiliate Reporting Omission
Ellie Kim 인턴기자 2026.05.08
[Alpha Biz= Ellie Kim] The founding family of Youngone Group continues to lead on-the-ground management despite mounting legal ris ...

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Court Sides with Google in Tax Dispute, Highlighting Limits of Big Tech Taxation Framework
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] A South Korean court has once again ruled in favor of a global tech company in a tax dispute, following sim ...

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Korea Electric Power Halts Asset Sales as Government Restricts Divestment of State-Owned Strategic Assets
Reporter Paul Lee 2026.05.08
[Alpha Biz= Paul Lee] Korea Electric Power Corporation (KEPCO)’s efforts to improve its financial structure through asset divestme ...

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Hanwha Ocean Rejects Union Demand to Revoke Disciplinary Action, Stresses ‘Zero Compromise’ on Safety
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] Hanwha Ocean on May 7 firmly rejected a union demand to revoke disciplinary measures against employees invo ...

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Dawonsys Announces Termination of KRW 49.9 Billion Railcar Supply Contract with Gyeonggi Province
Reporter Paul Lee 2026.05.08
[Alpha Biz= Ellie Kim] Dawonsys (068240) announced on May 7 that its contract with the Gyeonggi Provincial Government Northern Off ...

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Retail Margin Buying Surges Into Samsung Electronics and SK Hynix Amid AI-Driven Rally
Ellie Kim 인턴기자 2026.05.08
[Alpha Biz= Ellie Kim] Retail investors in South Korea are rapidly increasing leveraged bets on Samsung Electronics and SK Hynix, ...

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NS Shopping to Acquire Homeplus Express as Harim Group Expands Offline Retail Presence
Reporter Kim Jisun 2026.05.08
[Alpha Biz= Kim Jisun] NS Shopping, an affiliate of Harim Group, has agreed to acquire the supermarket division “Homeplus Express” ...

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Air Cargo Fuel Surcharges Rise Again in Korea as Jet Fuel Prices Climb Amid Geopolitical Tensions
Ellie Kim 인턴기자 2026.05.08
[Alpha Biz= Ellie Kim] South Korean exporters are set to face higher logistics costs as air cargo fuel surcharges rise again this ...

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Hyundai Motor Group to Decide on Boston Dynamics Nasdaq IPO as Put Option Deadline Nears
Ellie Kim 인턴기자 2026.05.08
[Alpha Biz= Ellie Kim] Hyundai Motor Group is expected to decide as early as next month whether to pursue a Nasdaq listing for its ...

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