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LG Chem Approves KRW 1.42 Trillion Debt Guarantee for U.S. Cathode Material Subsidiary
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] On May 15, LG Chem announced that its board of directors has approved a KRW 1.42 trillion (approximately US ...

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Hyundai Rotem Secures Autonomous Train Supply Contract for Taichung Blue Line in Taiwan
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] Hyundai Rotem has signed a major contract to supply driverless electric trains for the Taichung Blue Line, ...

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Paik’s Makgeolli Brewery 'Baeksuldoga' Shuts Down Amid Market Challenges
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] Baeksuldoga, the traditional Korean liquor brewery operated by Paik Jong-won, CEO of The Born Korea, has of ...

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LG Electronics India Posts Record Q1 Revenue and Profit
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] LG Electronics' Indian subsidiary has posted its highest-ever first-quarter revenue and net profit, marking ...

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Former NAVER CEO Han Seong-sook Appointed as Advisor Following Retirement from European Operations
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] Han Seong-sook, former CEO of Naver, has stepped down from her role and has been appointed as an advisor to ...

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DAXA Clarifies Non-Involvement in WEMIX Delisting Decision
Reporter Paul Lee 2025.05.16
[Alpha Biz= Paul Lee] The Digital Asset eXchange Alliance (DAXA), a coalition of major South Korean cryptocurrency exchanges, issu ...

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FSS Urges Financial Sector to Strengthen Cybersecurity Following SK Telecom Hacking Incident
Reporter Paul Lee 2025.05.16
[Alpha Biz= Paul Lee] On May 15, the Financial Supervisory Service (FSS) convened a meeting with Chief Information Security Office ...

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Hanjin KAL Plunges 17% After Two-Day Limit-Up Rally Amid Governance Battle Speculation
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Paul Lee] Hanjin KAL shares tumbled 17% on May 15, closing at KRW 125,000, down KRW 25,600 from the previous session, ...

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Hanwha Hotel & Resort Completes Acquisition of 58.62% Stake in Ourhome for KRW 869.5 Billion
Reporter Paul Lee 2025.05.16
[Alpha Biz= Paul Lee] Hanwha Hotel & Resort announced on May 15 that it has completed the payment for the acquisition of a 58. ...

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Coway Wins Final Victory in 11-Year Patent Infringement Dispute with ChungHo Nais over Ice Water Purifier Technology
Reporter Paul Lee 2025.05.16
[Alpha Biz= Paul Lee] Coway, a leading best-life solutions company, secured a final victory at the Supreme Court in its patent inf ...

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Celltrion Chairman Seo Jung-jin Acknowledges Distribution Challenges Affecting Jimptetra’s U.S. Performance, Outlines Growth Strategy
Reporter Paul Lee 2025.05.16
[Alpha Biz= Kim Jisun] Chairman Seo Jung-jin acknowledged misjudgments in the distribution structure that contributed to the under ...

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Kakao Completes Liquidation of Chinese Subsidiary, Exits China Market Amid Strategic Shift
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] Kakao has completed the liquidation of its Chinese subsidiary, Daum Kakao China (DK China), which operated ...

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Former SK Networks Chairman Chey Shin-won Sentenced to 2.5 Years in Prison for Embezzlement
Reporter Kim Jisun 2025.05.16
[Alpha Biz= Kim Jisun] On May 15, South Korea’s Supreme Court upheld a lower court ruling sentencing Chey Shin-won, former chairma ...

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ChatGPT said: MG Insurance to Enter Liquidation as Sales Cease and Policies Transition to Major Insurers
Reporter Paul Lee 2025.05.15
[Alpha Biz= Paul Lee] MG Insurance, a financially troubled insurer, is set to go through a liquidation process. Going forward, it ...

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Hanjin KAL's Stock Soars Amid Massive Stake Acquisition by Hoban Construction, Raising Concerns Over Potential Management Dispute
Reporter Kim Jisun 2025.05.15
[Alpha Biz= Kim Jisun] Hanjin KAL, the holding company of Korean Air, has seen its stock price skyrocket for the second consecutiv ...

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FSS to Conduct Focused Review of POSCO Future M’s KRW 1.1 Trillion Rights Offering Plan
Reporter Kim Jisun 2025.05.15
[Alpha Biz= Kim Jisun] The Financial Supervisory Service (FSS) of South Korea announced on May 14 that it will conduct a focused r ...

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National Pension Service of Korea Expands U.S. Tech Holdings Despite Market Downturn
Reporter Paul Lee 2025.05.15
[Alpha Biz= Paul Lee] Despite a decline in the U.S. stock market during the first quarter of 2025, Korea’s National Pension Servic ...

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Lunit Denies Capital Increase Rumors, Reaffirms No Plans for Rights Offering in 2024
Reporter Kim Jisun 2025.05.15
[Alpha Biz= Kim Jisun] Lunit Inc. strongly denied recent market rumors about a potential capital increase, calling them “completel ...

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Samsung Electronics Acquires Germany’s FläktGroup for €1.5 Billion to Expand into AI Data Center Market
Reporter Paul Lee 2025.05.15
[Alpha Biz= Paul Lee] Samsung Electronics announced today that it has signed a definitive agreement to acquire FläktGroup, Europe’ ...

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Ottogi Invests KRW 56.5 Billion in U.S. Subsidiary to Expand Local Market Presence
Reporter Kim Jisun 2025.05.15
[Alpha Biz= Kim Jisun] Ottogi announced that it will invest KRW 56.5 billion (approximately USD 41 million) in its U.S.-based subs ...