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Bill Gates to Appear on Korean Variety Show “You Quiz on the Block” During Visit to Korea
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] SEOUL, August 18 — Bill Gates, co-founder of Microsoft and Co-Chair of the Bill & Melinda Gates Foundati ...

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11st Implements Third Consecutive Round of Voluntary Retirement to Strengthen Profitability
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] SEOUL, August 19 — SK Square subsidiary 11st has initiated its third consecutive round of voluntary retireme ...

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Korail Fatal Accident Triggers Government Probe Under Serious Accidents Punishment Act
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] Two workers were killed and five others injured on August 19 after being struck by a Mugunghwa passenger tra ...

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South Korea Probes Sejong–Anseong Expressway Collapse, Cites Safety Negligence by Hyundai Engineering
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] The Ministry of Land, Infrastructure and Transport (MOLIT) has concluded that the fatal collapse of a bridge ...

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MBK Partners and Mirae Asset PE Set $400 Million Minimum Sale Price for CGI Holdings Amid Forced Divestment
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] SEOUL, August 19, 2025 — The forced divestment of CGI Holdings, CJ CGV’s intermediate holding company for it ...

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FSS Imposes Fine on Dunamu for Violating Financial Innovation Act
Reporter Paul Lee 2025.08.20
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has imposed an administrative fine on Dunamu Inc. for failing to com ...

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FSS to Review Accounting Treatment of Samsung Life’s Affiliate Shares
Reporter Kim Jisun 2025.08.20
[Alpha Biz= Kim Jisun] The Financial Supervisory Service (FSS) announced that it will seek expert opinions on the accounting treat ...

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SK Group Accelerates Restructuring and Asset Sales to Streamline Operations
Reporter Kim Jisun 2025.08.20
[Alpha Biz= Kim Jisun] Seoul, August 19, 2025 – SK Group is intensifying its restructuring efforts, trimming subsidiaries and acce ...

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Hyundai Motor Group Invests Additional KRW 629.1 Billion in Motional to Strengthen Autonomous Driving Capabilities
Reporter Kim Jisun 2025.08.20
[Alpha Biz= Kim Jisun] SEOUL, August 19 – Hyundai Motor Group announced that it has made an additional investment of KRW 629.1 bil ...

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Naver’s KREAM Revamps Boutique Service into “Vintage” and Launches Pre-Owned Category
Reporter Kim Jisun 2025.08.20
[Alpha Biz= Kim Jisun] SEOUL, August 19 – Naver’s limited-edition trading platform KREAM announced today that it has restructured ...

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KKR to Acquire SK ecoplant’s Environmental Business Units for KRW 1.7 Trillion
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] Seoul, August 18, 2025 – Global private equity firm KKR is set to acquire SK ecoplant’s environmental subsid ...

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Korean Food Giants Report Weak Q2 Earnings Amid Prolonged Domestic Consumption Slump
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] Seoul, August 19, 2025 – Major Korean food companies reported weaker second-quarter earnings as sluggish dom ...

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NEXTRADE Temporarily Suspends Trading of 79 Stocks to Comply with Market Share Cap
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] Seoul, Korea – August 19, 2025 – NEXTRADE (NXT), Korea’s alternative trading system (ATS) launched in March ...

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Welcome Financial Group Responds to Ransomware Attack, Core Systems Remain Secure
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] SEOUL, August 18, 2025 – Welcome Financial Group confirmed that one of its affiliates, Wellix F&I Loan, ...

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Musinsa Initiates IPO Process to Accelerate Global Expansion
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] SEOUL, August 18, 2025 – Leading fashion e-commerce platform Musinsa announced that it has formally initiate ...

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Com2uS Fires Employee Over Unauthorized In-Game Item Transactions, Vows Legal Action
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] SEOUL, August 18, 2025 – Mobile and online game developer Com2uS announced disciplinary and legal measures a ...

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Hyundai Motor Suspends Production of Electrified Genesis GV70 in Alabama
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] SEOUL, August 18, 2025 – Hyundai Motor Company announced that its U.S. manufacturing subsidiary, Hyundai Mo ...

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Yeochun NCC Secures KRW 300 Billion Emergency Funding from Major Shareholders
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] Yeochun NCC, Korea’s third-largest ethylene producer, has finalized a KRW 300 billion (approx. USD 220 mill ...

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KFTC Moves to Sanction Mercedes-Benz Korea Over Misleading EV Battery Claims
Reporter Paul Lee 2025.08.19
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) is preparing sanctions against Mercedes-Benz Korea for allegedly dec ...

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LG Electronics Opens Voluntary Retirement Program to Strengthen Workforce Competitiveness
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] SEOUL, Aug. 18 — LG Electronics has launched a new voluntary retirement program for the first time in two y ...