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Com2uS Fires Employee Over Unauthorized In-Game Item Transactions, Vows Legal Action
Reporter Paul Lee 2025.08.19
[Alpha Biz= Paul Lee] SEOUL, August 18, 2025 – Mobile and online game developer Com2uS announced disciplinary and legal measures a ...

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Hyundai Motor Suspends Production of Electrified Genesis GV70 in Alabama
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] SEOUL, August 18, 2025 – Hyundai Motor Company announced that its U.S. manufacturing subsidiary, Hyundai Mo ...

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Yeochun NCC Secures KRW 300 Billion Emergency Funding from Major Shareholders
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] Yeochun NCC, Korea’s third-largest ethylene producer, has finalized a KRW 300 billion (approx. USD 220 mill ...

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KFTC Moves to Sanction Mercedes-Benz Korea Over Misleading EV Battery Claims
Reporter Paul Lee 2025.08.19
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) is preparing sanctions against Mercedes-Benz Korea for allegedly dec ...

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LG Electronics Opens Voluntary Retirement Program to Strengthen Workforce Competitiveness
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] SEOUL, Aug. 18 — LG Electronics has launched a new voluntary retirement program for the first time in two y ...

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Naver Reportedly Exploring Acquisition of Dunamu’s ‘Securities Plus Unlisted’ Platform
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] SEOUL, Aug. 18 — Naver is reportedly in talks to acquire Securities Plus Unlisted, the over-the-counter (OT ...

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KT to Divest Entire Stake in Yanolja Amid IPO Uncertainty
Reporter Kim Jisun 2025.08.19
[Alpha Biz= Kim Jisun] KT Corp. is moving to sell its entire stake in travel and leisure platform Yanolja as the company accelerat ...

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Korea’s Top Battery Makers See Utilization Rates Plunge to 40–50% Amid EV Demand Slump
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] South Korea’s three major battery manufacturers—LG Energy Solution, Samsung SDI, and SK On—have seen their p ...

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Woori America Bank Opens First Korean Bank Branch in Austin, Texas
Reporter Paul Lee 2025.08.18
[Alpha Biz= Paul Lee] Woori Bank announced on August 17 that its U.S. subsidiary, Woori America Bank, has opened its first branch ...

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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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