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Osang Healthcare Invests Additional $2 Million in U.S. Molecular Diagnostics Startup Cryptos Biotechnology
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Osang Healthcare announced on Thursday that it has executed a follow-up investment of $2 million in Cryptos ...

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Asiana Airlines Faces Legal Battle with Labor Union Over Employee Transfers to Air Incheon
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Asiana Airlines is facing a conflict with its labor union over the transfer of some employees to Air Incheo ...

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Hyundai Motor and GM to Collaborate on Global Production Amid Rising Competition and Tariff Concerns
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Hyundai Motor Group and U.S.-based General Motors (GM) are set to form a comprehensive partnership involvin ...

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KT&G Recalls lil SOLID 3.0 Devices Due to Heater Pin Defect
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] KT&G announced on Thursday that it will voluntarily conduct a free replacement recall for its "lil SOLI ...

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HMM Selected as Preferred Bidder for Acquisition of SK Shipping's Bulk Carrier Business
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] South Korea’s largest shipping company, HMM, has been confirmed as the preferred bidder for the acquisition ...

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Apple to Introduce RCS Messaging on iPhones in South Korea, Resolving User Inconveniences
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] The Korea Communications Commission (KCC), chaired by Lee Jin-sook, announced on Wednesday that Apple will ...

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‘Paik Ham’ Controversy Leads to Product Removal – Theborn Korea and Baek Jong-won Face Scrutiny
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] According to the retail industry on Wednesday, Theborn Korea recently removed its "Paik Ham" gift set from ...

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Ex-Samsung Executive Sentenced to 7 Years for Leaking Semiconductor Secrets to China – Record-High Penalty
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] A former Samsung Electronics executive accused of leaking key semiconductor technology to a Chinese company ...

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Nikola Files for Chapter 11 Bankruptcy Amid Financial Struggles
Reporter Paul Lee 2025.02.20
[Alpha Biz= Paul Lee] U.S. electric vehicle startup Nikola filed for Chapter 11 bankruptcy protection on Wednesday (local time). N ...

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Doosan Corp’s Operating Profit Drops 30% in 2024 Due to Subsidiary Weakness
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] Doosan Corporation reported a decline in operating profit last year due to sluggish performance from its su ...

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CJ Olive Young to Acquire KDB Life Tower Near Seoul Station in 600 Billion KRW Deal
Reporter Paul Lee 2025.02.20
[Alpha Biz= Paul Lee] CJ Olive Young is set to acquire the KDB Life Tower near Seoul Station, which it has been leasing as its hea ...

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Trump’s Tariffs Threaten South Korea’s Auto Industry with Crisis
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] Hyundai Motor and Kia sold 1.77 million vehicles in the United States last year (based on wholesale figures ...

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SK Telecom Under Tax Probe Over Alleged Bogus Contracts with SK C&C
Reporter Paul Lee 2025.02.20
[Alpha Biz= Paul Lee] SK Telecom is reportedly undergoing a special tax audit by the Korea National Tax Service (NTS) over allegat ...

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Tera science Faces Additional Listing Eligibility Review Over ₩16.9 Billion Embezzlement Allegations
Reporter Paul Lee 2025.02.20
[Alpha Biz= Paul Lee] The KOSDAQ Market Division of the Korea Exchange (KRX) announced on the 19th that Tera science (073640) has ...

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Ex-Wemade Vice Chairman Jang Hyun-guk Referred to Prosecutors Over Insider Trading Allegations
Reporter Paul Lee 2025.02.20
[Alpha Biz= Paul Lee] South Korea’s financial authorities have referred Jang Hyun-guk, former Vice Chairman and CEO of Wemade, to ...

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FSC Fines Nine Securities Firms 28.9 Billion KRW for 'Bond Rollovers' Misconduct
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] The Financial Services Commission (FSC) has imposed fines totaling 28.9 billion KRW and issued institutiona ...

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FSC Imposes Fines and Auditor Designations on BNK Kyongnam Bank, Orient Bio, and Arc Solutions for Accounting Violations
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] On Monday, the Financial Services Commission (FSC) held its 23rd regular meeting and announced penalties ag ...

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Shinsegae Approves 35.4 Billion KRW Stock Buyback for Value Enhancement
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] Shinsegae announced on Wednesday that its board of directors has approved the cancellation of 200,000 share ...

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Air Premia Faces Surge in Delays and Cancellations Amid Aircraft Supply Woes
Reporter Kim Jisun 2025.02.20
[Alpha Biz= Kim Jisun] Air Premia, a fast-growing hybrid airline, is grappling with mounting delays and cancellations, causing fru ...

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South Korea to Host World’s Largest 3GW AI Data Center with $35 Billion Investment
Reporter Paul Lee 2025.02.19
[Alpha Biz= Paul Lee] A massive 3-gigawatt (GW) AI data center project is being planned in South Korea, with an estimated investme ...