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Binance Secures Regulatory Approval to Acquire Korean Crypto Exchange Gopax, Marking Full Entry into Local Market
Reporter Kim Jisun 2025.10.17
[Alpha Biz= Paul Lee] SEOUL, Oct. 16 — Binance, the world’s largest cryptocurrency exchange, has officially acquired Gopax, South ...

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Supreme Court Ruling on SK Chairman Chey Tae-won and Noh So-young’s Divorce Case May Affect Prosecution Probe into Former President Roh Tae-woo’s 30 Billion Won Funds
Reporter Kim Jisun 2025.10.17
[Alpha Biz= Kim Jisun] SEOUL, Oct. 16 — The South Korean Supreme Court’s ruling in the divorce case between SK Group Chairman Chey ...

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Citibank Korea Restores Services After Six-Hour System Outage
Reporter Paul Lee 2025.10.17
[Alpha Biz= Paul Lee] SEOUL, Oct. 16 — Citibank Korea experienced a system failure on Wednesday morning that temporarily disrupted ...

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Incheon International Airport Corporation Secures $25 Million Service Contract for New Tashkent Airport in Uzbekistan
Reporter Kim Jisun 2025.10.17
[Alpha Biz= Kim Jisun] TASHKENT, Uzbekistan / SEOUL, Oct. 15 — Incheon International Airport Corporation (IIAC) announced that it ...

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Dozens of Employees in Korean Financial Institutions Caught Using Borrowed-Name Accounts—Over 4,000 Transactions Worth Nearly ₩7 Billion Identified
Reporter Paul Lee 2025.10.17
[Alpha Biz= Kim Jisun] SEOUL, Oct. 16 — Over the past five years, dozens of employees across South Korea’s financial sector have b ...

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Daewon Pharmaceutical Halts Co-Development of Obesity Microneedle Patch ‘DW-1022’ with Raphas
차혜영 기자 2025.10.17
[Alpha Biz= Cha Hye Young] SEOUL, Oct. 16 — Daewon Pharmaceutical announced on Wednesday that it has terminated its joint developm ...

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Samsung Electronics Denies Rumors Linking PSU Program to Share Cancellation Avoidance
Reporter Kim Jisun 2025.10.17
[Alpha Biz= Kim Jisun] SEOUL, Oct. 16 — Samsung Electronics has clarified to employees that its newly introduced Performance Share ...

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Naver to Deploy Humanoid Robots Co-Developed with MIT at Its Headquarters by Year-End
Reporter Kim Jisun 2025.10.17
[Alpha Biz= Kim Jisun] SEOUL, Oct. 16 — Naver Corp. announced that it will introduce small humanoid robots co-developed with the M ...

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FSS Issues Institutional Warning to Shinhan Investment & Securities Over ₩130 Billion Trading Scandal
Reporter Paul Lee 2025.10.17
[Alpha Biz= Paul Lee] SEOUL, Oct. 16 — The Financial Supervisory Service (FSS) has issued an institutional warning to Shinhan Inve ...

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LG Display Launches Voluntary Retirement Program for Office Employees Following Earlier Factory Workforce Reduction
Reporter Paul Lee 2025.10.17
[Alpha Biz= Kim Jisun] SEOUL, Oct. 16 — LG Display announced plans to implement a voluntary retirement program for office employee ...

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Senior Prosecutor Testifies That Key Evidence Was Omitted in Coupang Labor Case Dismissal
Reporter Paul Lee 2025.10.16
[Alpha Biz= Paul Lee] SEOUL, Oct. 15 — A sitting senior prosecutor testified before the National Assembly that the prosecution lea ...

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SK Telecom to Sell SK Stoa, Korea’s No. 1 Data Home Shopping Platform
Reporter Paul Lee 2025.10.16
[Alpha Biz= Paul Lee] SEOUL, Oct. 15 — SK Telecom has begun the process of selling its subsidiary SK Stoa, South Korea’s leading d ...

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Naver’s Operating Profit Expected to Exceed 3 Trillion Won Following Dunamu Merger
Reporter Paul Lee 2025.10.16
[Alpha Biz= Paul Lee] SEOUL, Oct. 15 — Naver Corp.’s consolidated operating profit is projected to surpass 3 trillion won followin ...

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Model Solution Fined for Accounting Violations; Auditors Also Disciplined
Reporter Paul Lee 2025.10.16
[Alpha Biz= Paul Lee] SEOUL, Oct. 15 — Model Solution, an affiliate of Korea & Company Group, has been fined by South Korean f ...

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Short Selling Surges as Samsung Electronics and SK Hynix Hit Record Highs
Reporter Paul Lee 2025.10.16
[Alpha Biz= Paul Lee] SEOUL, Oct. 15 — Short selling has surged sharply as Samsung Electronics and SK Hynix reached symbolic miles ...

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Financial Supervisory Service Launches On-Site Probe into Mis-Selling Allegations over 90 Billion-Won ‘Belgium Fund’ Loss
Reporter Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] SEOUL, Oct. 15 — South Korea’s Financial Supervisory Service (FSS) has begun on-site inspections of financi ...

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U.S. Court Bars SK Nexilis from Raising Trade Secret Claims in Patent Case Against Solus Advanced Materials
Reporter Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] SEOUL, Oct. 15 — A U.S. federal court in Texas has ruled to prohibit SK Nexilis from asserting trade secret ...

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Prosecutors Raid Major Power Equipment Manufacturers Over Alleged Bid-Rigging in KEPCO Projects
Reporter Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] SEOUL, Oct. 15 — South Korean prosecutors have launched a large-scale investigation into major power equipm ...

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MBK Partners Chairman Kim Byung-joo Apologizes at National Assembly Audit, Denies Involvement in Homeplus and Lotte Card Incidents
Reporter Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] SEOUL, Oct. 14 — Kim Byung-joo, chairman of MBK Partners, bowed his head and apologized “for causing public ...

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FTC Concludes Review of Subscription Service Cancellation Investigation
Reporter Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] Seoul, October 15 — The Fair Trade Commission (FTC) announced that it has concluded deliberations on allega ...