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Kakao Pay Shares Skyrocket 95% on Stablecoin Speculation; JPMorgan Warns of Overvaluation
Reporter Paul Lee 2025.06.11
[Alpha Biz= Paul Lee] SEOUL, June 10 — Kakao Pay shares have surged by 95.24% over the past month, according to data from the Kore ...

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YES24 Suffers Ransomware Attack Amid Prolonged Service Outage
Reporter Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] SEOUL, June 10 — YES24, a leading South Korean online bookstore, has reportedly fallen victim to a ransomwa ...

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Embezzlement Case Uncovered at Sacheon NongHyup; Key Individual Found Dead
Reporter Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] SACHEON, South Korea, June 10 — A large-scale embezzlement case involving billions of won has been uncovere ...

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Dispute Over Delivery Fees Deepens Between CJ Logistics Courier Union and Agency Association Amid Seven-Day Delivery Expansion
Reporter Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] CJ Logistics’ introduction of seven-day delivery service, launched in January to include Sundays and public ...

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Hanjin Group Criticized for Strategic Use of Treasury Shares Ahead of Corporate Law Reform
Reporter Paul Lee 2025.06.11
[Alpha Biz= Paul Lee] Hanjin Group is facing backlash for its sudden move to use treasury shares to strengthen Chairman Cho Won-ta ...

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South Korea's Job Openings per Job Seeker Fall to Record Low in May, Reflecting Labor Market Strain
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – South Korea’s labor market conditions worsened significantly in May, with the number of job ...

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Hanwha Investment & Securities Lowers Target Price for POSCO Future M to KRW 140,000 Amid Continued EV Sector Weakness
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – Hanwha Investment & Securities has revised down its target price for POSCO Future M from ...

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IBK Investment & Securities Raises Hyosung Heavy Industries Target Price to KRW 860,000 on Robust U.S.-Driven Growth Outlook
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 10 – IBK Investment & Securities announced on Monday that it has raised its target price for ...

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Theborn Korea Appoints Baek Jong-won as Sole CEO to Streamline Decision-Making
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – Theborn Korea announced that Baek Jong-won will now serve as the company’s sole Chief Execut ...

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KFTC Imposes Over KRW 422.7 Billion in Penalties in 2023; Coupang Case Tops Fines
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 10 – The Korea Fair Trade Commission (KFTC) imposed a total of KRW 422.7 billion (approx. USD 30 ...

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Prosecutors Reapply for Arrest Warrants Over IBK Corporate Bank’s 88 Billion KRW Loan Fraud Scandal
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – The Seoul Central District Prosecutors’ Office has reapplied for arrest warrants for a curre ...

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Daewoo E&C Labor Union Condemns Management for Breaking Wage Agreement
Reporter Paul Lee 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – The labor union of Daewoo Engineering & Construction (Daewoo E&C) issued a strong st ...

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South Korea’s Fair Trade Commission Fines Jungheung Construction for Unfair Support to Owner Family's Company
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – South Korea’s Fair Trade Commission (KFTC) announced on June 9 that it has imposed correcti ...

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Air Busan Cabin Crew Union Files Human Rights Petition Demanding Solo Rest Rooms After Flights
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – The cabin crew union of Air Busan, the first labor union among low-cost carrier (LCC) fligh ...

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Samsung Foundry Market Share Falls Below 8% in Q1 as TSMC Expands Lead and SMIC Closes Gap
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – Samsung Electronics' global foundry (semiconductor contract manufacturing) market share dro ...

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Koo Bon-neung and LG Executive Cleared of Charges Over Late Chairman's Safe Incident
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – Koo Bon-neung, Chairman of Heesung Group and younger brother of the late LG Group Chairman ...

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FSS Issues Disciplinary Warnings to Executives of Six Securities Firms Over Improper Deferred Bonus Payments
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] On June 9, South Korea’s Financial Supervisory Service (FSS) announced disciplinary actions against the cur ...

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Meritz Securities to Inject KRW 50 Billion into Meritz Capital via Rights Offering
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Meritz Securities, a subsidiary of Meritz Financial Group, announced on June 9 that it will conduct a right ...

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SLS Bio Temporarily Suspends Pharmaceutical Testing Operations Following Regulatory Assessment
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] SLS Bio announced on June 9 that it has temporarily suspended its operations in the "pharmaceutical quality ...

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Doosan Enerbility Wins KRW 900 Billion Gas-Fired Power Plant Project in Vietnam
Reporter Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] On June 9, Doosan Enerbility announced that it has secured a gas-fired combined cycle power plant project w ...