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Shinsegae Chairwoman Chung Yoo-kyung Takes Out KRW 50 Billion Share-Backed Loan to Pay Gift Tax
Reporter Paul Lee 2025.09.08
[Alpha Biz= Paul Lee] Seoul – Chung Yoo-kyung, Chairwoman of Shinsegae Inc., disclosed that she has secured a KRW 50 billion (appr ...

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Construction Loan Delinquencies at South Korea’s Top 5 Banks More Than Double Amid Prolonged Downturn
Reporter Paul Lee 2025.09.08
[Alpha Biz= Paul Lee] Seoul – Construction loan delinquencies at South Korea’s five major banks have surged sharply in the first h ...

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CBC Group Initiates Sale of Controlling Stake in Hugel
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Paul Lee] Seoul – Global private equity firm CBC Group has begun the process to sell its controlling stake in Hugel In ...

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Kyochon Chicken Franchisees to File Lawsuit Over Alleged Supply Shortages
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – Several franchise owners of Kyochon Chicken, one of South Korea’s largest fried chicken chains, ann ...

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South Korea’s Supreme Court Upholds Fine Against Taiwan’s Everlight for Technology Theft
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – The Supreme Court of Korea has upheld a lower court ruling imposing a fine on Everlight Electronics ...

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Hyundai Motor Temporarily Suspends U.S. Business Trips Following Worker Arrests at Georgia Joint Plant
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – Hyundai Motor Company has decided to temporarily suspend non-essential business travel to the Unite ...

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Korean Air Halts Economy Class “3-4-3 Seat Reconfiguration” to Prioritize Customer Satisfaction
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – Korean Air announced on September 7 that it will suspend its economy-class 3-4-3 seat reconfigurati ...

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Taekwang Group to Acquire Aekyung Industrial, Founding Company of Aekyung Group
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – Taekwang Group is set to acquire Aekyung Industrial, the flagship and founding company of Aekyung G ...

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Naver and Lotte Retail Join Forces to Drive AI Transformation in On- and Offline Commerce
Reporter Kim Jisun 2025.09.08
[Alpha Biz= Kim Jisun] Seoul – Naver and Lotte Retail Group announced on September 7 that they will collaborate to accelerate AI T ...

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Parliamentary Chair Alleges KT Destroyed Server After Being Notified of Hacking Suspicion
Reporter Kim Jisun 2025.09.06
[Alpha Biz= Paul Lee] Seoul – KT Corp. is under scrutiny after allegations surfaced that the company destroyed a server linked to ...

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U.S. Authorities Conduct Immigration Raids at Hyundai Motor–LG Energy Solution Joint Battery Plant Site in Georgia
Reporter Paul Lee 2025.09.05
[Alpha Biz= Paul Lee] Savannah, Georgia – U.S. federal authorities carried out an enforcement action on September 4 (local time) a ...

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Young Poong Alleges Korea Zinc Management Was Aware of SM Entertainment Stock Manipulation Scheme
Reporter Paul Lee 2025.09.05
[Alpha Biz= Paul Lee] Seoul – Young Poong Corp., the largest shareholder of Korea Zinc, claimed on September 5 that Korea Zinc Cha ...

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Hanwha Ocean Shares Decline Following Block Sale by Affiliate
Reporter Paul Lee 2025.09.05
[Alpha Biz= Paul Lee] Seoul – Hanwha Ocean shares fell on September 5 after news of a block deal by an affiliated company, with th ...

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Korean Air Faces Criticism Over “Premium Economy” Marketing Practices
Reporter Paul Lee 2025.09.05
[Alpha Biz= Paul Lee] Seoul – Korean Air, now South Korea’s sole full-service carrier (FSC) following its merger with Asiana Airli ...

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[Executive] Dongjin Semichem Faces Renewed Family Feud Over Management Control
박남숙 기자 2025.09.05
[Alpha Biz= Park Nam sook] Seoul – A management dispute has resurfaced within Dongjin Semichem, a leading semiconductor materials ...

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KB Kookmin Bank Reports KRW 1.7 Billion Embezzlement Case at Indonesian Subsidiary
Reporter Paul Lee 2025.09.05
[Alpha Biz= Paul Lee] Seoul – KB Kookmin Bank announced on September 4 that an embezzlement case worth approximately KRW 1.76 bill ...

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Police Refer Kumho Tire Executives to Prosecutors Over Repeated Factory Fires
Reporter Kim Jisun 2025.09.05
[Alpha Biz= Kim Jisun] Gwangju – The Gwangju Metropolitan Police Agency’s Criminal Investigation Unit announced on September 4 the ...

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Personal Information Protection Commission Considers Probe into KT and LG Uplus Data Breach Allegations
Reporter Kim Jisun 2025.09.05
[Alpha Biz= Kim Jisun] Seoul – South Korea’s Personal Information Protection Commission (PIPC) announced on September 4 that it is ...

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Kakao to Integrate OpenAI’s ChatGPT into KakaoTalk
Reporter Kim Jisun 2025.09.05
[Alpha Biz= Kim Jisun] Seoul – Kakao is set to integrate OpenAI’s ChatGPT into its flagship messaging app KakaoTalk, enabling user ...

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POSCO Group Reportedly Reviewing Potential Bid for HMM Acquisition
Reporter Kim Jisun 2025.09.05
[Alpha Biz= Kim Jisun] Seoul – POSCO Group is reportedly considering entering the acquisition race for HMM, South Korea’s largest ...