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Korean Air Makes First Executive Appointments After Asiana Merger, Accelerating Integration
Reporter Kim Jisun 2025.01.16
[Alpha Biz= Kim Jisun] Korean Air has made its first executive appointments following its merger with Asiana Airlines, marking a s ...

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Homeplus Faces Allegations of Regional Divestiture Amid Surge in Voluntary Retirements
Reporter Kim Jisun 2025.01.16
[Alpha Biz= Kim Jisun] Homeplus has recently seen a surge in voluntary retirement applications from its employees in the Busan, Ul ...

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A flight from Okinawa to Incheon operated by Eastar Jet was canceled due to a mechanical issue with the aircraft.
Reporter Kim SangJin 2025.01.16
[Alpha Biz= Kim Sangjin] According to the aviation industry on Wednesday, Flight ZE632, a Boeing 737-8, was scheduled to depart fr ...

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Air Incheon Set to Become Korea's Second Largest Cargo Carrier After Acquiring Asiana Airlines Cargo Division
Reporter Kim SangJin 2025.01.16
[Alpha Biz= Kim Sangjin] Air Incheon is expected to become the second-largest cargo airline in Korea after Korean Air, following i ...

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Financial Supervisory Service Clears Mirae Asset's U.S. Real Estate Fund Amid Investor Complaints
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service's (FSS) Dispute Mediation Division has concluded that there is no fault ...

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BNK Busan Bank Reports 1.35 Billion KRW Fraud Incident Linked to External Parties
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] BNK Busan Bank announced on the 12th that a financial fraud incident involving external parties had occur ...

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Prosecutors Raid Korean Investment Securities Executive Over Alleged Private Loan Scheme in Real Estate Project Financing
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] Prosecutors have launched a search of the securities firm executive's property in connection with an alle ...

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Credit Card Industry Implements Cost-Cutting Measures with Workforce Reductions
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] The credit card industry has entered a phase of tightening management, including workforce reductions, as ...

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Financial Supervisory Service Increases Inspection Efforts at IBK Industrial Bank Following 24 Billion Won Financial Scandal
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) has sent additional personnel to IBK Industrial Bank, which is cu ...

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Woori Financial Group Invests $150 Million in U.S. Data Centers with Strategic Partner Natixis
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Jisun] Woori Financial Group announced on the 14th that it has jointly invested $150 million (approximately 210 bi ...

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DB Insurance Faces Estimated Losses of 500-600 Billion KRW Due to LA Wildfire Damage
Reporter Kim SangJin 2025.01.15
[Alpha Biz= Kim Sangjin] According to the insurance industry today, DB Insurance has incurred losses from the recent wildfire in L ...

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Hanwha Investment & Securities Predicts Korean Power Company's Q4 Earnings Will Exceed Expectations
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Hanwha Investment & Securities analyzed that Korea Electric Power Corporation's (KEPCO) Q4 earnings wil ...

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Worker Injured in Electric Shock Incident at Hyundai's Ulsan Plant
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] A worker was injured in an electric shock incident while inspecting equipment at the Hyundai Motor's Ulsan ...

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Johnson & Johnson to Acquire Intra-Cellular Therapies for $14.6 Billion
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Johnson & Johnson (J&J) announced on Monday that it will acquire Intra-Cellular Therapies, a compan ...

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Coupang Logistics Fined 92 Million KRW for Workplace Safety Violations
김영택 기자 2025.01.15
[AlphaBiz = Reporter Kim Young-taek] South Korea's Ministry of Employment and Labor announced on Tuesday that it has imposed 92 mi ...

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Kolon Industries Expands Tire Cord Production in Vietnam with $22.5 Million Investment
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Kolon Industries announced on the 14th that it will invest 30 billion KRW ($22.5 million) to expand tire co ...

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LG and Samsung Adapt Strategies for ‘Trump 2.0 Era’ Amid U.S. Tariff Policies
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] If you travel 87 km northwest of Nashville, Tennessee, you'll find the small city of Clarksville, home to L ...

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Daemyung Sono Group Forms TF to Acquire T'way Air Amid Mega LCC Market Shake-up
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Daemyung Sono Group has established a task force (TF) to secure management rights of T’way Air, acceleratin ...

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Samsung Biologics Secures Record-Breaking $2 Trillion CMO Deal with European Pharma
Reporter Kim Jisun 2025.01.15
[Alpha Biz= Kim Jisun] Samsung Biologics Secures Record $2 Trillion Biopharmaceutical CMO DealSamsung Biologics announced on Tuesd ...

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Major Korean Broadcasters File Lawsuit Against Naver for Alleged News Data Copyright Infringement
Reporter Kim Jisun 2025.01.14
[Alpha Biz= Kim Jisun] KBS, MBC, and SBS, the three major South Korean broadcasters, have filed a lawsuit against Naver for allege ...

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