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Paradise Announces Share Buyback Cancellation to Enhance Shareholder Value
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] Paradise Co., Ltd. announced on June 4 that it will cancel a portion of its treasury shares as part of its ...

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Global Carmakers Face Crisis Amid China’s Rare Earth Export Halt
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] The global automotive industry is facing a major disruption following China's suspension of rare earth expo ...

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Food Suppliers Resume Deliveries to Homeplus Amid Corporate Rehabilitation Process
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] Several food companies that had previously halted product deliveries to Homeplus due to its ongoing court-l ...

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KAI Signs $700 Million FA-50 Export Deal with the Philippines
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] Seoul/Manila, June 4 — Korea Aerospace Industries (KAI), in cooperation with South Korea’s Defense Acquisit ...

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Alteogen Shares Surge Nearly 9% as Patent Dispute with Halozyme Takes Favorable Turn
Reporter Paul Lee 2025.06.05
[Alpha Biz= Paul Lee] On June 4, Alteogen's stock closed at 381,000 KRW on the KOSDAQ market, marking an 8.86% increase from the p ...

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Domestic Asset Managers’ Voting Rights Exercise Rate Rises to 91.6%, but Structural Issues Remain in Fiduciary Duty Execution
Reporter Paul Lee 2025.06.05
[Alpha Biz= Paul Lee] The proportion of voting rights exercised by domestic asset management companies rose to 91.6% last year, ma ...

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South Korean Stocks Surge Over 2% Reflecting Market Optimism Following President Lee Jae-myung’s Election
Reporter Paul Lee 2025.06.05
[Alpha Biz= Paul Lee] On June 4, South Korean stocks rose more than 2%, reflecting investor optimism tied to the election of Presi ...

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Financial Supervisory Service Sanctions Heungkuk Fire & Marine Insurance Over Tied Insurance Sales; Issues Management Warnings to Hyundai Marine and NongHyup Property & Casualty
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] The Financial Supervisory Service (FSS) has imposed sanctions on Heungkuk Fire & Marine Insurance for i ...

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Shinhan Card Launches Second Voluntary Retirement Program in Six Months Amid Profit Decline
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] Shinhan Card has initiated a second round of voluntary retirement in less than six months as part of its co ...

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KT&G Clarifies Status on Potential Acquisition of Nordic Nicotine Pouch Firm
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] KT&G Corp. announced on June 4 that no decision has been finalized regarding the reported acquisition o ...

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Czech Court Lifts Injunction Blocking KHNP Nuclear Contract
Reporter Kim Jisun 2025.06.05
[Alpha Biz= Kim Jisun] Prague/Seoul, June 4 — The Supreme Administrative Court of the Czech Republic has overturned a previous cou ...

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Kumyang Announces KRW 405 Billion Rights Offering to Fund Battery Production Facilities
Reporter Kim Jisun 2025.06.04
[Alpha Biz= Paul Lee] Kumyang Co., Ltd., a secondary battery manufacturer listed on the Korea Exchange (KRX), has announced a righ ...

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Worker Dies in Industrial Accident at Taean Thermal Power Plant Operated by Korea Western Power
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] A subcontracted worker in his 50s, affiliated with Korea Power O&M—a partner company of KEPCO KPS—was fo ...

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Hyundai Steel to Sell Undercarriage Equipment Unit Amid Weak Performance and Chinese Competition
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] Hyundai Steel announced on June 2 that it is in talks to sell its undercarriage equipment division at Plant ...

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Woori Bank Reports Financial Incident at Indonesian Subsidiary
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] Seoul, June 2 — Woori Bank announced that a financial fraud incident has occurred at its Indonesian subsidia ...

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Mobile Number Portability Hits 11-Year High Following SK Telecom Data Breach
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] The number of mobile subscribers switching carriers in South Korea reached 933,509 in May, the highest month ...

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National Pension Service Increases Stakes in GS E&C, Hanmi Pharm, Hotel Shilla, and KEPCO
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] Seoul, June 3 — South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, has ...

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SPC Samlip Faces Operational and Reputational Risk Following Plant Accident, Says Korea Ratings
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] Seoul, June 3 — A recent industrial accident at SPC Samlip’s Siwha plant has led to a complete halt in opera ...

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Samsung Pay Restored After Morning Outage Disrupts Payments
Reporter Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Samsung Pay experienced a service disruption on the morning of June 2, causing inconvenience to users attem ...

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Foreign Investors Show Diverging Sentiment on Samsung Electronics and SK hynix Following Nvidia's Earnings Surprise
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] As Nvidia—the global leader in AI semiconductors—delivered a stronger-than-expected earnings report, investo ...