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Indonesian Engineers Cleared of Charges in KF-21 Data Leak Investigation
Reporter Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] All five Indonesian engineers dispatched to Korea Aerospace Industries (KAI) have been cleared of criminal ...

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Prosecutors Raid Hanssem Over Alleged Collusion in Apartment System Furniture Bidding
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] South Korean prosecutors have raided the headquarters of Hanssem, a major furniture company, as part of an i ...

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Prosecutors Seek Prison Sentences for Former Executives of Youngpoong Zinc Over Cadmium Pollution in Nakdong River
Reporter Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Prosecutors have demanded prison sentences in the appellate trial of former and current executives of Young ...

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Aekyung Group Pledges Nearly All of Its Jeju Air Shares to Secure Loans Amid Financial Strains
Reporter Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Seoul, June 3 – South Korea's Aekyung Group has effectively pledged nearly all of its stake in Jeju Air Co. ...

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Kia India Employees Under Police Investigation for Engine Theft
Reporter Paul Lee 2025.06.04
[Alpha Biz= Paul Lee] Seoul/New Delhi, June 3 — Kia’s Indian manufacturing unit has become the subject of a criminal investigation ...

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Hanmi Semiconductor Completes Largest-Ever Share Buyback Cancellation Worth KRW 130 Billion
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 30 – Hanmi Semiconductor announced on Thursday that it has completed the cancellation of 1,302,05 ...

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MBK Partners and Young Poong File Lawsuit to Nullify Korea Zinc’s Shareholder Meeting Resolutions
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 30 – Private equity firm MBK Partners and metals conglomerate Young Poong have jointly filed a fo ...

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WEMIX Delisted Again: Korean Court Dismisses Wemade’s Injunction Request
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 31 — South Korean game developer Wemade’s cryptocurrency WEMIX is set to be delisted from domesti ...

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Baek Jong-won’s Official YouTube Channel Resumes Activity Amidst Controversy
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 31 — Just three weeks after announcing a halt to all broadcasting activities, Baek Jong-won, CEO ...

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FSS Chief Lee Bok-hyun to Step Down After Three-Year Term, Raising Concerns Over Leadership Vacuum
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, June 1 — Financial Supervisory Service (FSS) Governor Lee Bok-hyun is set to step down on June 5, con ...

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Financial Supervisory Service Conducts On-Site Inspection of Capital-Impacted KDB Life Insurance
Reporter Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, June 1 —Seoul, June 1 — South Korea’s Financial Supervisory Service (FSS) has launched an on-site ins ...

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Kakao Mobility to Export Parking Platform for the First Time Through Saudi Arabia's Diriyah Project
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Kakao Mobility announced on June 1 that it will export its parking platform solution for the first time sin ...

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Trump Announces Doubling of Tariffs on Foreign Steel and Aluminum to 50%
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Former U.S. President Donald Trump has announced plans to double tariffs on imported steel and aluminum fro ...

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MBK Partners Puts Korea’s Largest Golf Course Operator Golfzon County Back on the Market
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] MBK Partners has resumed efforts to sell Golfzon County, Korea’s largest golf course operator, after weighi ...

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Suwon District Court to Rule on Samhwa Biopharm’s Lawsuit Against MFDS Over GMP Certification Revocation
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] According to industry sources on June 1, the Suwon District Court will deliver a first-instance ruling on J ...

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Woori Bank to Sell 20% Stake in Lotte Card, Abandoning Acquisition Plan
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Woori Bank has decided to sell its 20% stake in Lotte Card, effectively ending its long-standing interest i ...

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South Korean Privacy Regulator Investigates LVMH Brands Dior and Tiffany Over Delayed Data Breach Disclosures
Reporter Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] The Personal Information Protection Commission (PIPC) of South Korea has launched an investigation into lux ...

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Hyundai Motor Union Demands 30% Profit-Sharing Bonus and Retirement Age Extension to 64 in 2025 Wage Talks
Reporter Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Hyundai Motor Company’s labor union has finalized its demands for the 2025 wage and collective bargaining n ...

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Samsung Ordered to Pay $111.7 Million in Patent Infringement Verdict Against Japan’s Maxell
Reporter Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Samsung Electronics has been ordered to pay $111.7 million in damages to Japanese electronics company Maxel ...

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National Pension Service to Increase Overseas Equity Allocation in 2026 Asset Strategy
Reporter Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] On May 29, the Investment Management Committee of South Korea’s National Pension Service (NPS) convened at t ...