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Financial Supervisory Commission Imposes Penalties on Gyeongnam Bank for Accounting Violations
Reporter Kim SangJin 2025.01.23
[Alpha Biz= Kim Sangjin] The Securities and Futures Commission (SFC) under the Financial Services Commission (FSC) decided on pena ...

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Hanwha Solutions Sells Two Large-Scale Solar Power Projects in Colorado and Virginia
Reporter Kim SangJin 2025.01.23
[Alpha Biz= Kim Sangjin] Hanwha Solutions' Q CELLS Division Sells Two Large-Scale Solar Power Projects in Colorado and VirginiaHan ...

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Hugel Receives Product Approval for Botulinum Toxin 'Botulax' in the UAE
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Hugel announced on the 20th (local time) that it has received product approval from the United Arab Emirate ...

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CJ ENM Injects Additional 200 Billion KRW into CJ Live City Amid K-Culture Valley Project Setback
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] CJ ENM is injecting an additional 200 billion KRW into CJ Live City, which has faced setbacks with its K-Cu ...

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Nature Republic Acquires Ssangyong Wool, Changes Major Shareholder to World Prime Development
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Cosmetic brand Nature Republic has acquired Ssangyong Wool.According to the beauty industry, Nature Republi ...

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AESTURA by Amorepacific to Launch in the U.S. Market Through Exclusive Partnership with Sephora
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Amorepacific’s dermo-beauty brand, ‘AESTURA,’ is set to officially enter the U.S. market through Sephora, t ...

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Samsung C&T Reports 3.9% Increase in 2024 Operating Profit, Announces Stock Buyback and Dividend Plans
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Samsung C&T announced on Wednesday that its operating profit for the previous year reached 2.9834 trill ...

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Noroo Paint Halts Sales of Watercolor Plus Amid Controversy Over Solvent-Based Claims
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] Noroo Paint announced on Wednesday that it would cease sales of its automotive refinishing paint, Watercolo ...

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11 Vehicle Models, Including Hyundai Porter II EV and Tesla Model Y, Recalled for Safety Defects
Reporter Kim Jisun 2025.01.23
[Alpha Biz= Kim Jisun] The Ministry of Land, Infrastructure and Transport announced on the 23rd that 11 vehicle models from Hyunda ...

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Fair Trade Commission Imposes Record Fines of Over ₩550 Billion in 2023, Coupang Tops List
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] The Fair Trade Commission imposed over 550 billion won in fines (including penalties) on companies last y ...

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Naver and Kakao Labor Unions Enter Wage Negotiations This Month
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] The labor unions of Naver and Kakao are set to begin wage negotiations this month, with both companies havi ...

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DL Construction to Vacate Yeouido Office in June
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] DL Construction, a subsidiary of DL E&C, is set to leave its Yeouido office.According to industry sourc ...

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Trump's Tariff Decision Puts Korean Firms in Mexico and Canada on Alert
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] U.S. President Donald Trump has formalized a 25% tariff on products from Mexico and Canada, raising alarms ...

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Naver’s Resale Platform ‘Kream’ Faces Backlash Over Customer Data Transfer to Chinese Firm
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Naver’s resale platform, Kream, has announced plans to transfer customer data to a Chinese company, sparkin ...

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LG Display CEO Jung Chol-dong Purchases Company Shares as Part of Responsible Management
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Jung Chol-dong, CEO of LG Display, has decided to purchase company shares as part of his commitment to resp ...

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Hyundai and Kia to Expand Hybrid Production at Georgia EV Plant
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] Hyundai Motor and Kia are considering significantly expanding hybrid production facilities at their new ele ...

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Hyundai Steel Union Launches Partial Strike, Halts Production at Multiple Plants
Reporter Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] The Hyundai Steel labor union began a partial strike on Tuesday at 7 a.m., halting operations at the cold r ...

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Cryptocurrency Exchanges to Pay Record Compensation of Over 3 Billion KRW Following System Failures on Martial Law Day
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] Cryptocurrency Exchanges to Pay Record 3 Billion KRW in Compensation for System Failures on Martial Law D ...

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KB Kookmin Bank Employee Sentenced for Insider Trading, Profiting Nearly 5 Billion Won
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] A KB Kookmin Bank employee who illegally earned approximately 5 billion won using insider information was ...

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FSS Investigates ₩240 Billion Loan Scandal at IBK, Eyes Employee Collusion
Reporter Kim SangJin 2025.01.22
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) is set to conclude its on-site investigation into IBK Industrial ...