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SoluM Enhances Shareholder Value by Cancelling All Treasury Shares
Reporter Paul Lee 2025.05.20
[Alpha Biz= Paul Lee] SoluM announced on May 19 that it has decided to cancel all 1,189,315 treasury shares it holds, representing ...

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KAI Clarifies AI Startup Investment Contract Does Not Affect KF-21 Export
Reporter Paul Lee 2025.05.20
[Alpha Biz= Paul Lee] Korea Aerospace Industries (KAI) clarified on May 19 that its investment contract with a U.S.-based artifici ...

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Fatal Workplace Accident Occurs Again at SPC Affiliate Factory in Siheung
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] On May 19, a tragic workplace accident occurred at an SPC Samlip social factory located in Siheung City, Gy ...

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MBK Partners Chairman Kim Byung-joo Banned from Leaving South Korea
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] On May 19, legal sources confirmed that Kim Byung-joo, Chairman of MBK Partners, has been banned from leavi ...

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Boston Dynamics and DHL Sign MOU for Additional 1,000 ‘Stretch’ Logistics Robots
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] On May 19, industry sources reported that Boston Dynamics, the robotics affiliate of Hyundai Motor Group, h ...

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Kia Halts Production at Gwangju Plant After Fatal Workplace Accident
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] Production has been partially suspended at Kia’s Gwangju Autoland plant following a fatal workplace acciden ...

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Korean Copper Foil Makers Report Losses Amid Weak EV Demand, but Trade Tariffs Offer Hope
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] As of May 19, industry sources report that Lotte Energy Materials posted consolidated revenue of KRW 158 bi ...

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SK Telecom Hack: Malware Found on Sensitive Data Server Went Undetected for 3 Years
Reporter Kim Jisun 2025.05.20
[Alpha Biz= Kim Jisun] On May 19, South Korea’s joint government-private task force investigating the SK Telecom cyberattack revea ...

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Bain Capital Offloads Part of Its Stake in Classys via Block Deal, Shares Drop Nearly 7%
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] Bain Capital, the private equity firm and largest shareholder of Classys—a KOSDAQ-listed medical aesthetics ...

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LG Energy Solution Falls Below IPO Price, Loses 3rd Spot in KOSPI Market Cap to Samsung Biologics
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] LG Energy Solution’s stock price has fallen below its IPO price of KRW 300,000 for the first time, also cedi ...

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CJ Olive Young to Acquire KDB Life Tower as New Headquarters
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] On May 16, CJ Olive Young announced in a regulatory filing that it will acquire the KDB Life Tower located i ...

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Korean Securities Firms’ Overseas Subsidiaries Post $272.2 Million Net Income in 2024
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) announced on May 19 that 15 South Korean securities firms collective ...

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Hanon Systems Clarifies No Final Decision on Plant Consolidation
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] Hanon Systems issued a regulatory filing on May 16 to clarify recent media reports regarding the consolidati ...

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Prosecutors Seize Mobile Phone of MBK Chairman Amid Investigation Into Alleged Fraud Involving Homeplus Bond Sales
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] South Korean prosecutors have executed a search and seizure warrant against Kim Byung-joo, Chairman of priv ...

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Kakao Accelerates Spin-Off of Portal Business ‘Daum’ After 11 Years of Merger
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Kakao is expediting the spin-off of its portal service Daum, signaling a structural shift toward an indepen ...

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KAI Denies Reports of Export Risk to KF-21 Over Shield AI Agreement
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Korea Aerospace Industries (KAI) has firmly denied recent media reports claiming that its agreement with a ...

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Kumho Tire Commits to Full Compensation for Residents and Stabilization of Tire Supply Following Gwangju Plant Fire
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Kumho Tire announced on May 18 that it will make every effort to fully compensate local residents affected ...

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Foreign Investors Dump Over $9.3 Billion in South Korean Stocks in April, Largest Outflow in Over Five Years
Reporter Paul Lee 2025.05.19
[Alpha Biz= Paul Lee] Foreign investors offloaded more than $9.3 billion worth of South Korean stocks last month, marking the nint ...

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Naver Chairman Lee Hae-jin to Visit U.S. Next Month to Discuss Establishment of New Investment Corporation
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Lee Hae-jin, Chairman of Naver’s Board, will visit the United States next month to discuss the establishmen ...

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NVIDIA CEO Jensen Huang Denies Allegations of AI Chip Diversion to China via Middle East
Reporter Kim Jisun 2025.05.19
[Alpha Biz= Kim Jisun] Taipei, Taiwan – May 17, 2025 –While visiting Taipei, NVIDIA CEO Jensen Huang addressed growing concerns ab ...