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LIG Nex1 Signs Agreement with Government for Development of Cheollian Satellite 5
Reporter Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] LIG Nex1 announced on May 1 that it has signed a development agreement with the government for the Cheollia ...

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SK Group’s U.S. Subsidiary Targeted by Ransomware Attack
Reporter Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] Before the recent server hacking incident at SK Telecom, SK Group's U.S. subsidiary, SK Americas, was also ...

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Coupang Indicted for Manipulating Search Rankings to Promote Private-Label Products
Reporter Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] South Korea's Seoul Eastern District Prosecutors’ Office has indicted e-commerce giant Coupang and its priv ...

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South Korean Government Urges SK Telecom to Suspend New Subscriptions Amid SIM Card Shortage
Reporter Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] On May 1, the Ministry of Science and ICT advised SK Telecom to suspend all new mobile service subscription ...

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South Korea’s Major Duty-Free Retailers Undergo Workforce Reduction Amid Continued Losses
Reporter Kim Jisun 2025.05.02
[Alpha Biz= Kim Jisun] Seoul, May 1, 2025 — South Korea’s four leading duty-free operators — Lotte, Shilla, Shinsegae, and Hyundai ...

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Hanwha Ocean Shares Drop 12% on News of KDB Stake Sale
Reporter Paul Lee 2025.04.30
[Alpha Biz= Paul Lee] Hanwha Ocean's shares plunged around 12% on April 29 following news that the Korea Development Bank (KDB) wo ...

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Mirae Asset Global Investments Selected to Manage Over KRW 600 Billion Korea Post Real Estate Core Strategy Fund
Reporter Paul Lee 2025.04.30
[Alpha Biz= Paul Lee] Mirae Asset Global Investments has been selected as the preferred asset manager for Korea Post’s “Domestic R ...

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Former Woori Bank Employee and Brother to Serve Additional 3–4 Years for Concealing Embezzled Funds
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Paul Lee] A former Woori Bank employee and his brother, already serving time for embezzling more than 70 billion KRW, ...

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Naver Pay Securities Launches Easy Stock Order Service
Reporter Paul Lee 2025.04.30
[Alpha Biz= Paul Lee] Naver Pay Securities has launched an easy stock order service. Initially, four securities firms—Mirae Asset ...

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Woojin Group to Acquire Funeral Service Provider, Pridelife, for 883 Billion KRW
Reporter Paul Lee 2025.04.30
[Alpha Biz= Paul Lee] Woojin Group has announced its acquisition of funeral service provider Pridelife for 883 billion KRW.Accordi ...

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Kakao Entertainment Establishes New Subsidiary in the U.S.
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] Kakao Entertainment has established a new subsidiary in the United States, positioning itself in the heart ...

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Asiana Airlines Pilots Union Files for Injunction Over Air Incheon Transfer Order
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 29 — The Asiana Airlines Pilots Union announced on the 29th that it has filed for an injunctio ...

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LS Cable & System Breaks Ground on the Largest Submarine Cable Manufacturing Plant in the U.S.
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 29 — LS Cable & System announced today that its subsidiary, LS GreenLink, has officially b ...

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Police Begin Investigation into Baek Jong-won’s The Born Korea for Allegedly Misleading Advertising
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 29 — The police have launched an investigation into Baek Jong-won, CEO of The Born Korea, foll ...

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Krafton to Acquire Additional Shares in Neptune for KRW 165 Billion to Strengthen Diversification and Long-Term Growth
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 29 — Krafton Inc. announced today that it will acquire an additional 18,387,039 shares of game ...

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LG Energy Solution Establishes Battery Recycling JV in France to Strengthen Raw Material Security and Meet EU Regulations
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 29 — LG Energy Solution announced today that it has established a joint venture (JV) with Fren ...

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SK Telecom CEO to Testify in Parliament Over USIM Hacking Controversy
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 30 – SK Telecom CEO Yoo Young-sang is scheduled to appear before South Korea’s National Assemb ...

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Financial Supervisory Service Head Addresses Concerns Over Homeplus and MBK Partners
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] On the 28th, Lee Bok-hyun, the head of the Financial Supervisory Service (FSS), responded to concerns about ...

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Kyobo Life Acquires SBI Savings Bank, Marking Its Full Entry into the Savings Bank Sector
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Kyobo Life is making a full-fledged entry into the savings bank industry by acquiring SBI Savings Bank, in a ...

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Concerns Over Financial Stability Grow for Domestic Petrochemical Companies Amid Supply Glut and US Tariff Fears
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Amid an ongoing supply glut driven by China's low-cost production and increasing fears of US tariffs, financ ...