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SillaJen Completes Merger with Woosung Pharmaceutical to Strengthen Pharmaceutical Business
Reporter Kim Jisun 2025.07.02
[Alpha Biz= Kim Jisun] SillaJen announced on July 1 that it has completed its small-scale merger with Woosung Pharmaceutical, foll ...

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POSCO E&C Wins KRW 1.5 Trillion LNG Terminal Project in Thailand
Reporter Kim Jisun 2025.07.02
[Alpha Biz= Kim Jisun] Seoul, July 1 — POSCO E&C announced that it has signed a construction contract with Gulf Development, a ...

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Hugel’s Botulinum Toxin ‘Letibot’ Gains Ground in China with Strong Quality Credentials
Reporter Kim Jisun 2025.07.02
[Alpha Biz= Kim Jisun] Seoul, July 1 — Hugel’s botulinum toxin product Letibot (marketed domestically as Botulax) is making rapid ...

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Taekwang Industrial’s Exchangeable Bond Plan Faces Regulatory Hurdle, Investment Timeline Disrupted
Reporter Kim Jisun 2025.07.02
[Alpha Biz= Kim Jisun] Seoul, July 1 — Taekwang Industrial’s plan to raise capital through exchangeable bonds (EBs) backed by trea ...

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Cuckoo Recalls Unregistered Microwave Oven Pans Imported Without Approval
Reporter Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Cuckoo Electronics, a major home appliance brand in South Korea, has been ordered to halt sales and recall c ...

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Hyosung Chemical Downgraded as Continued Losses and Weak PP Market Raise Capital Concerns
Reporter Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Hyosung Chemical has seen its credit rating downgraded due to persistent losses in its polypropylene (PP) bu ...

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NICE Investors Service Downgrades Dongwon Construction's Bond Rating to BBB- with Stable Outlook
Reporter Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Seoul, June 30, 2025 – NICE Investors Service has downgraded the senior unsecured bond rating of Dongwon Con ...

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Coupang Seeks Consent Decree Amid Antitrust Probe into Alleged Tying Practices
Reporter Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Seoul, June 30, 2025 – Coupang has requested a consent decree from the Korea Fair Trade Commission (KFTC) as ...

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KSD to Release 583.58 Million Shares from Lock-Up in July
Reporter Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Busan, South Korea – June 30, 2025 – The Korea Securities Depository (KSD) announced that approximately 583. ...

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Hanwha Life Acquires 40% Stake in Indonesia's Nobu Bank, Securing Management Control
Reporter Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] June 30, 2025 – SEOUL – Hanwha Life Insurance announced that it has successfully completed the acquisition o ...

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Hyundai Steel to Halt Rebar Production at Incheon Plant for 42 Days of Summer Maintenance
Reporter Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] SEOUL, June 30, 2025 – Hyundai Steel announced it will temporarily suspend operations at its Incheon rebar p ...

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SK Planet and Wemade Conclude Strategic Partnership to Refocus on Core Businesses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] SEOUL, June 30, 2025 – SK Planet and Wemade have mutually agreed to end their strategic partnership to bett ...

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LG Electronics Acquires Norway’s OSO to Bolster Global HVAC and Hot Water Solutions
Reporter Paul Lee 2025.07.01
[Alpha Biz= Kim Jisun] SEOUL, June 30, 2025 – LG Electronics announced it has signed an agreement to acquire 100% of OSO Hotwater ...

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Korea’s Fair Trade Commission Launches Probe into Retail Sector’s Information Service Fees
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s Fair Trade Commission (FTC) announced that it will conduct a comprehen ...

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HYBE to Establish India Subsidiary, Expanding Global K-pop Business Model
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — HYBE, the global entertainment company behind BTS, announced plans to establish a lo ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp. Amid Continued Losses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies — Korea Investors Service (KIS), Ko ...

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POSCO Holdings to Launch First Korean Lithium Extraction Project in the U.S.
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — POSCO Holdings announced today that it has signed a Memorandum of Understanding (MOU ...

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NAVER to Bring Robotics and Smart City Technologies to Saudi Arabia’s Futuristic ‘New Murabba’
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — NAVER Cloud has signed a Memorandum of Understanding (MOU) with the New Murabba Deve ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp Amid Prolonged Losses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies—Korea Investors Service (KIS), Kore ...

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LG Chem Postpones Additional Stake Acquisition in Hungarian JV with Toray for Second Time
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] LG Chem has once again postponed its planned acquisition of an additional 20% stake in LG Toray Hungary Bat ...