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Former Kia Union Official Receives Reduced Sentence for Employment Scam
Reporter Paul Lee 2025.07.17
[Alpha Biz= Paul Lee] A former labor union official at Kia’s Gwangju plant has received a reduced sentence in an appeals court aft ...

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Minority Shareholder VIP Asset Management Opposes Lotte Rental’s Third-Party Allotment, Citing Shareholder Rights Concerns
Reporter Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] VIP Asset Management, a minority shareholder of Lotte Rental, has publicly opposed the company’s planned th ...

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CJ Group Refutes FTC Ruling on Alleged Unfair Financial Support to Affiliates
Reporter Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] Seoul, July 16 – CJ Group has challenged the Korean Fair Trade Commission’s (KFTC) decision to impose corre ...

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KEPCO Secures $4.04 Billion Project Financing for Major Power Projects in Saudi Arabia
Reporter Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] Korea Electric Power Corporation (KEPCO) announced on July 16 that it has successfully secured a total of $ ...

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U.S. Court Denies Mirae Asset's Motion to Compel in $210 Million Loan Dispute with Ryze Renewables
Reporter Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] Mirae Asset Securities’ motion to compel the submission of key documents in an ongoing $210 million loan di ...

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South Korean Experts Strongly Oppose Google’s Request to Export High-Resolution Map Data Abroad
Reporter Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] South Korean academic and industry experts have voiced strong opposition to Google’s request to export high ...

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Kiwoom Securities Concludes Compensation Process for 18,000 Claims Following System Glitch
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] Kiwoom Securities has completed compensation procedures for over 18,000 investor complaints filed due to a s ...

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HYBE to File Formal Objection Over Police Decision Not to Indict Min Hee-jin
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] HYBE announced on July 15 that it will file an official objection to the police’s decision not to indict for ...

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KFTC Moves to Sanction Doosan and DB Inc. for Subcontracting Violations in IT Services
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) has launched disciplinary proceedings against Doosan and DB Inc. for ...

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KT to Invest Over KRW 1 Trillion Over 5 Years to Revolutionize Cybersecurity Framework
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] KT Corporation announced a bold initiative to invest more than KRW 1 trillion (approximately USD 720 millio ...

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LG Energy Solution Selected as GM's LFP Battery Production Partner in the U.S.
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] LG Energy Solution (LGES) has been chosen as the battery production partner for General Motors (GM)’s low-c ...

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Over 82,000 Vehicles from BMW, Mercedes-Benz and Others Subject to Mandatory Emissions-Related Recall in South Korea
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] On July 15, South Korea’s Ministry of Environment announced that a total of 82,537 vehicles from five domes ...

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Minister Nominee Han Seong-sook Vows to Pay Gift Tax Amid Allegations of Undisclosed Property Transfer to Mother
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] On July 15, Han Seong-sook, the nominee for Minister of SMEs and Startups and former CEO of Naver, pledged ...

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Hyundai Motor Apologizes to YouTuber Amid Customer Service Controversy, Netizens Question Sincerity
Reporter Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] SEOUL, South Korea – July 15, 2025 – Hyundai Motor has issued an official apology to a YouTuber after a rec ...

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SBS Employee Under Investigation for Insider Trading Linked to Netflix Partnership
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] The Financial Services Commission (FSC) of South Korea has launched an investigation into allegations that a ...

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SPC Group Finds 26 Safety Flaws in Conveyor Systems During Emergency Inspections
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] SPC Group has uncovered 26 safety flaws in conveyor systems across its affiliates’ factories following an em ...

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KRAFTON Faces Potential Lawsuit from Former Unknown Worlds Executives over Subnautica 2 Development Dispute
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] A legal clash is looming between KRAFTON and the former leadership of its U.S. game studio subsidiary, Unkno ...

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Hyundai Group to Sell and Lease Back Jongno Office Building to Bolster Core Business
Reporter Paul Lee 2025.07.16
[Alpha Biz= Paul Lee] Hyundai Group is in the process of selling its office building in Yeonji-dong, Jongno-gu, Seoul, through a s ...

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LG Electronics Enters Semiconductor Equipment Market with Development of Hybrid Bonder for HBM
Reporter Kim Jisun 2025.07.15
[Alpha Biz= Kim Jisun] Seoul, July 13, 2025 — LG Electronics has officially begun development of a hybrid bonder for High Bandwidt ...

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Kakao Pay Shares Plummet Amid Stablecoin Policy Uncertainty
Reporter Paul Lee 2025.07.15
[Alpha Biz= Paul Lee] Kakao Pay shares plunged on July 14 following a sharp rally in recent weeks driven by investor enthusiasm ov ...