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Samsung Electronics Stock Rally Spurs Surge in Short Selling to Near Record Levels
Reporter Paul Lee 2025.07.31
[Alpha Biz= Paul Lee] SEOUL – Samsung Electronics shares have rebounded past ₩70,000 for the first time in 11 months, but the rall ...

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Daewoong Pharmaceutical Withdraws Chinese Approval Filing for Nabota 100 Units to Refine Market Strategy
Reporter Kim Jisun 2025.07.31
[Alpha Biz= Kim Jisun] SEOUL – Daewoong Pharmaceutical announced on July 30 that it has voluntarily withdrawn its marketing applic ...

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SK On and SK Enmove to Merge November 1, Backed by ₩8 Trillion Capital Boost for Electrification Drive
Reporter Kim Jisun 2025.07.31
[Alpha Biz= Kim Jisun] SEOUL – SK Innovation announced on July 30 that its two core subsidiaries — SK On and SK Enmove — will merg ...

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Kwangdong Pharmaceutical Wins 4th Consecutive Bid to Distribute Jeju Samdasoo Nationwide
Reporter Paul Lee 2025.07.31
[Alpha Biz= Paul Lee] SEOUL – Kwangdong Pharmaceutical has once again secured the exclusive distribution rights for Jeju Samdasoo ...

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Samyang Foods Cancels ₩103.5 Billion Land and Building Purchase in Yongsan
Reporter Kim Jisun 2025.07.31
[Alpha Biz= Kim Jisun] SEOUL – Samyang Foods announced on July 30 that it has canceled its planned acquisition of land and buildin ...

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Asiana Airlines Flight Returns to Istanbul After Battery Incident Raises Fire Concerns
Reporter Paul Lee 2025.07.31
[Alpha Biz= Kim Jisun] SEOUL – An Asiana Airlines flight bound for Incheon from Istanbul was forced to return to its departure air ...

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DXVX Signs ₩300 Billion Co-Development and Licensing Deal for mRNA Cancer Vaccine with U.S. Biotech
Reporter Paul Lee 2025.07.31
[Alpha Biz= Paul Lee] SEOUL – DXVX announced on July 30 that it has signed a ₩300 billion (approx. USD 220 million) co-development ...

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Republican-Lawmakers-Linked ETF Outperforms Democrat ETF in 2024 as Growth Stocks Cool
Reporter Paul Lee 2025.07.31
[Alpha Biz= Paul Lee] SEOUL – An ETF tracking U.S. Republican lawmakers’ stock trades has outperformed its Democratic counterpart ...

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LG Energy Solution Signs Record ₩6 Trillion LFP Battery Deal in North America, Tesla Seen as Likely Buyer
Reporter Kim Jisun 2025.07.31
[Alpha Biz= Kim Jisun] SEOUL – LG Energy Solution (LGES) has signed a ₩6 trillion (approx. USD 4.4 billion) contract to supply lit ...

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Korean Regulators Raise Concerns Over Crypto Exchanges’ Coin Lending and High-Leverage Services
Reporter Paul Lee 2025.07.30
[Alpha Biz= Paul Lee] SEOUL – South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have voice ...

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Aekyung Group Begins Due Diligence Process with Potential Buyers for Aekyung Industrial
Reporter Paul Lee 2025.07.30
[Alpha Biz= Paul Lee] SEOUL – Aekyung Group announced on July 29 that it has begun due diligence with selected bidders for the sal ...

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Lotte Wellfood Minority Shareholders Sue Chairman Shin Dong-bin, Directors for KRW 27.3 Billion in Damages
Reporter Paul Lee 2025.07.30
[Alpha Biz= Paul Lee] SEOUL – Minority shareholders of Lotte Wellfood have filed a shareholder derivative lawsuit against Chairman ...

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Celltrion Secures U.S. Manufacturing Base to Eliminate Tariff Risks and Accelerate North American Growth
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – Celltrion Group is pushing forward with the acquisition of a U.S.-based drug substance manufacturin ...

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Korean Shipping Lines Struggle with Green Transition as IMO and EU Carbon Costs Mount
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – South Korean shipping companies are grappling with mounting pressure to accelerate their green tran ...

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Korea’s National Tax Service Launches Probe into HYBE Amid Fraud Allegations Against Chairman Bang Si-hyuk
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – The National Tax Service (NTS) has initiated a tax investigation into HYBE Corp., following fraud a ...

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Hanamicron Withdraws Planned Corporate Split Amid Shareholder Backlash
Reporter Paul Lee 2025.07.30
[Alpha Biz= Paul Lee] SEOUL – Semiconductor back-end processing firm Hanamicron announced on July 29 that it is withdrawing its pl ...

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Korean Defense Firms Show Diverging Q2 Results: Hanwha Systems Faces Profit Decline, KAI Rebounds with Double-Digit Margins
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] South Korea’s major defense companies reported sharply contrasting second-quarter performances.Hanwha Syste ...

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POSCO E&C and SPC Respond to Presidential Rebuke After Fatal Industrial Accidents
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – South Korea’s major corporations are under intense scrutiny following a series of fatal workplace a ...

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LG Innotek Forms Strategic Partnership with Aeva to Lead Next-Gen LiDAR Market
Reporter Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – LG Innotek has signed a strategic partnership with U.S.-based LiDAR specialist Aeva, marking a majo ...

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NH Bank Employee Faces Arrest for Armed Robbery and Assault on Elderly Clients in Pocheon
Reporter Paul Lee 2025.07.30
[Alpha Biz= Paul Lee] POCHEON, South Korea – Police have requested an arrest warrant for an NH NongHyup Bank employee accused of a ...