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Seoul Milk to Halt Supply to Homeplus, Citing Payment Issues
Reporter Kim Jisun 2025.03.20
[Alpha Biz= Kim Jisun] Seoul Milk has decided to suspend product deliveries to Homeplus, which is currently undergoing corporate r ...

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KCGI and Hanyang Academy Proceed with Hanyang Securities Sale Process Despite Tax Investigation
Reporter Paul Lee 2025.03.20
[Alpha Biz= Paul Lee] KCGI, the preferred bidder for the acquisition of Hanyang Securities, and Hanyang Academy, the seller, have ...

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SK On Secures $11 Billion EV Battery Supply Deal with Nissan
Reporter Kim Jisun 2025.03.20
[Alpha Biz= Kim Jisun] SK On has signed a 15 trillion KRW (~$11 billion) deal to supply electric vehicle (EV) batteries to Nissan, ...

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NXC, Nexon Group's Holding Company, to Sell Stake in NXMH for $510 Million
Reporter Paul Lee 2025.03.20
[Alpha Biz= Paul Lee] NXC, the holding company of Nexon Group, announced on Wednesday that it will participate in a capital reduct ...

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POSCO Holdings to Sell Entire Stake in Nippon Steel Amid Liquidity Drive
Reporter Paul Lee 2025.03.20
[Alpha Biz= Kim Jisun] POSCO Holdings is set to sell off its entire stake in Nippon Steel as part of an effort to boost liquidity ...

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CJ Olive Young to Acquire KDB Life Tower, Forecasting Funding through External Borrowing
Reporter Paul Lee 2025.03.20
[Alpha Biz= Paul Lee] CJ Olive Young, which is breaking records with its highest-ever performance, is moving forward with the acqu ...

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Financial Supervisory Service Launches Investigation into MBK Partners, the Major Shareholder of Homeplus
Reporter Paul Lee 2025.03.20
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has begun an investigation into MBK Partners, the major shareholder ...

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Financial Services Commission Imposes Penalties on Etron and Other Companies for Accounting Violations
Reporter Paul Lee 2025.03.20
[Alpha Biz= Paul Lee] At the 5th regular meeting on Wednesday, the Financial Services Commission (FSC) decided to impose a fine of ...

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Jin Air Incheon Airport Staff Save Foreign Passenger with Quick First Aid
Reporter Kim Jisun 2025.03.20
[Alpha Biz= Kim Jisun] Jin Air staff at Incheon Airport successfully saved a foreign passenger who was in a critical condition tha ...

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Kakao Games Plans to Sell Kakao VX by the End of the Year
Reporter Kim Jisun 2025.03.20
[Alpha Biz= Kim Jisun] Kakao Games plans to sell Kakao VX by the end of this year. Following the recent announcement of the separa ...

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Hanwha Group Takes Over Philly Shipyard with $100 Million Investment, Absorbing Over 200 Billion KRW in Losses
이준현 기자 2025.03.20
[Alpha Biz= Lee Joonhyun] Hanwha Group acquired the financially troubled Philly Shipyard in the U.S., which had been in a state of ...

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CJ CheilJedang Takes Action to Address Batavia Biosciences' Continued Struggles
Reporter Kim Jisun 2025.03.20
[Alpha Biz= Kim Jisun] CJ CheilJedang is addressing the ongoing struggles of Batavia Biosciences, a Dutch cell and gene therapy (C ...

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Daebang Construction CEO Questioned by Prosecutors Over Alleged "Swarm Bidding" Scheme
Reporter Paul Lee 2025.03.19
[Alpha Biz= Paul Lee] Gu Chan-woo, CEO of Daebang Construction, was summoned by prosecutors on Tuesday for questioning over allega ...

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Korea's Fair Trade Commission Investigates Daiso's Health Supplement Sales, Pharmacists' Association Faces ‘Power Abuse’ Controversy
Reporter Paul Lee 2025.03.19
[Alpha Biz= Paul Lee] The Korea Fair Trade Commission (FTC) is investigating allegations that Daiso, a discount retail chain, was ...

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SK Innovation Sells Entire Stake in Japanese Energy Company ENEOS
Reporter Paul Lee 2025.03.19
[Alpha Biz= Paul Lee] SK Innovation has sold its entire stake in ENEOS, a major Japanese energy company, according to its 2024 bus ...

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Samsung India Teased New Color for Galaxy S25 Ultra, But It Was a Miscommunication
Reporter Paul Lee 2025.03.19
[Alpha Biz= Paul Lee] Samsung Electronics India had promoted the release of a "new color" for the Galaxy S25 Ultra, but it was lat ...

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GC Biopharma Announces $110 Million Series B Funding for U.S. Subsidiary Curevo's Shingles Vaccine Development
Reporter Kim Jisun 2025.03.19
[Alpha Biz= Kim Jisun] GC Biopharma announced on Tuesday that its U.S. subsidiary, Curevo, has successfully raised $110 million (a ...

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Ottogi Reports Disappointing Results for Last Year Due to Rising Raw Material Costs and Marketing Expenses
Reporter Kim Jisun 2025.03.19
[Alpha Biz= Kim Jisun] Ottogi posted a disappointing performance last year, citing rising raw material costs and marketing expense ...

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Naver Improves Web Performance in Unified Search, Narrowing Gap with Google
Reporter Kim Jisun 2025.03.19
[Alpha Biz= Kim Jisun] Naver has significantly improved the web performance of its unified search, with some indicators now approa ...

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Decision on WEMIX Delisting to Be Made by Late April Following $6.7M Hack
Reporter Paul Lee 2025.03.19
[Alpha Biz= Paul Lee] The decision on whether to delist WEMIX, the cryptocurrency issued by Wemade, following a hacking incident t ...

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