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Coupang Logistics Workers Strike Over Heat Safety, Demand Guaranteed Rest Breaks
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] Coupang logistics center workers staged a one-day strike on August 15, calling for stronger protections agai ...

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Upbit Operator Dunamu Hit with ₩22.6 Billion Tax Bill Following Audit
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, has been ordered to pay ₩22.63 bill ...

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DL Group Tax Probe Concludes With Executive Referral, DL Chemical Penalty
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] South Korea’s National Tax Service (NTS) is set to wrap up an 11-month-long investigation into DL Group with ...

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Hanmi Pharmaceutical Group Faces Renewed Governance Turmoil as Shareholder Alliance Fractures
Reporter Kim Jisun 2025.08.18
[Alpha Biz= Kim Jisun] Hanmi Pharmaceutical Group has plunged into a new round of internal conflict over management control, less ...

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Korea’s Top 500 Companies Post 6% Profit Growth in H1, But Excluding SK Hynix Shows Decline
Reporter Kim Jisun 2025.08.18
[Alpha Biz= Kim Jisun] South Korea’s top 500 companies recorded a 5.9% increase in combined operating profit in the first half of ...

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The Born Korea Posts Q2 Loss Amid Franchise Support Costs and Consumer Slump
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] The Born Korea [475560], a leading food service franchise operator led by celebrity chef Baek Jong-won, repo ...

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HMM Launches ₩2.2 Trillion Share Buyback, Plans Full Cancellation Next Month
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] HMM announced on August 18 that it will conduct a public tender offer worth up to ₩2.2 trillion to repurchas ...

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Seven-Eleven Closes Over 2,000 Stores in Two Years as Korean Convenience Store Growth Stalls
Reporter Kim Jisun 2025.08.18
[Alpha Biz= Kim Jisun] Seven-Eleven Korea has closed more than 2,000 stores in the past two years, roughly matching the number of ...

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SeAH Group Achieves Korea’s First Commercialization of Superalloy Technology for Aerospace Engines
Reporter Kim Jisun 2025.08.18
[Alpha Biz= Kim Jisun] SeAH Group has become the first company in South Korea to develop and commercialize superalloy technology, ...

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Kolmar Group Founder and Daughter File Injunction to Block Extraordinary Shareholders’ Meeting at Kolmar BNH
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] Kolmar Group founder Yoon Dong-han and his daughter, Yoon Yeo-won, CEO of Kolmar BNH, have filed for a cour ...

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Harim Group’s Pan Ocean Acquires 0.24% Stake in LS, Seen as Support for Hoban Group in Ongoing Dispute
Reporter Paul Lee 2025.08.14
[Alpha Biz= Paul Lee] Pan Ocean, a shipping affiliate of Harim Group, has acquired a 0.24% stake in LS Group, a move interpreted b ...

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Incheon Airport Authority Rejects Shilla and Shinsegae Duty Free Rent Reduction Request, Dispute Escalates
Reporter Paul Lee 2025.08.14
[Alpha Biz= Paul Lee] The rental dispute between Shilla Duty Free, Shinsegae Duty Free, and Incheon International Airport Corporat ...

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Hyundai Steel Drops ₩4.6 Billion Lawsuit Against Non-Regular Workers Over 2021 Strike
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] Hyundai Steel has withdrawn a damages lawsuit worth approximately ₩4.61 billion (US$3.3 million) against no ...

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VIG Partners Denies Plans to Sell Eastar Jet Amid Market Speculation
Reporter Paul Lee 2025.08.14
[Alpha Biz= Paul Lee] VIG Partners, the majority shareholder of Eastar Jet, dismissed rumors on August 13 that it is preparing to ...

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Homeplus to Close 15 Stores, Offer Voluntary Unpaid Leave to Headquarters Staff Amid Restructuring
Reporter Paul Lee 2025.08.14
[Alpha Biz= Paul Lee] Homeplus, currently undergoing corporate rehabilitation proceedings, has announced plans to close 15 rental- ...

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DL Chemical and Hanwha Solutions Struggle with Prolonged Losses Amid Weak Petrochemical Market
Reporter Paul Lee 2025.08.14
[Alpha Biz= Paul Lee] DL Chemical posted second-quarter standalone sales of ₩367.2 billion, down 28.7% from the same period last y ...

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Hyundai to Halt Ulsan EV Production Line for Sixth Time in 2024 Amid Sluggish Sales
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] Hyundai Motor will suspend operations at one of its electric vehicle (EV) production lines in Ulsan for the ...

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Burger King Korea Operator Fined by Antitrust Regulator, Cites Compliance with Global Standards
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] BKR, the operator of Burger King in South Korea, has been fined by the Korea Fair Trade Commission (KFTC) f ...

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Samsung Display Secures De Facto Victory in U.S. Trade Commission OLED Trade Secrets Case Against BOE
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] Samsung Display has effectively won its trade secrets lawsuit against Chinese rival BOE at the U.S. Interna ...

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Orion Chairman Dam Chul-gon Gifts 6,000 Shares to Two-Year-Old Granddaughter
Reporter Kim Jisun 2025.08.14
[Alpha Biz= Kim Jisun] Dam Chul-gon, 70, Chairman of Orion Group, has gifted 6,000 common shares of Orion Corp. to his two-year-ol ...