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BC Card Investigates Employee Over KRW 1.6 Billion in Unauthorized Cash Advances
Reporter Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] On May 28, financial industry sources reported that a BC Card employee is under investigation for allegedly ...

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NAVER Cloud Establishes ‘NAVER Innovation’ in Saudi Arabia to Lead Digital Transformation in the Middle East
Reporter Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] NAVER Cloud announced on May 28 that it has signed an agreement with the National Housing Company (NHC) of S ...

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Samsung Electronics Secures KRW 2 Trillion Semiconductor Loan from Korea Development Bank for the First Time
Reporter Kim Jisun 2025.05.29
[Alpha Biz= Kim Jisun] According to industry sources on May 28, Samsung Electronics has secured a KRW 2 trillion loan from the Kor ...

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Lotte Insurance’s Missed Call Option on Subordinated Bonds Leaves Retail Investors in Limbo
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Retail investors who invested tens of millions of KRW each in Lotte Insurance’s subordinated bonds issued in ...

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LS Marine Solutions Shares Plunge Nearly 8% on Large-Scale Rights Offering Announcement
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Shares of LS Marine Solutions, a subsea cable construction company, tumbled nearly 8% following the announce ...

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Samsung Files Preemptive Lawsuit Against Netlist Over HBM Patent Dispute
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Samsung Electronics has initiated a legal battle with U.S.-based patent assertion entity Netlist over high b ...

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POSCO Future M Files Amended Capital Increase Report Including Business Risks and Investment Plans
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] On May 26, POSCO Future M submitted an amended capital increase report to the Financial Supervisory Service ...

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Prosecution Summons Former Taekwang Group Chairman Lee Ho-jin Over Embezzlement and Breach of Trust Allegations
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] On May 27, the Seoul Central District Prosecutors’ Office summoned Lee Ho-jin, former chairman of Taekwang ...

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Personal Information Protection Commission Launches Group Mediation Process Over SK Telecom Data Breach
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] The Personal Information Protection Commission (PIPC) announced on May 27 that it has received a group disp ...

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Hoban Group Acquires Over 3% Stake in LS Corp, Gaining Key Shareholder Rights
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] Hoban Group has recently acquired more than a 3% stake in LS Corp, the holding company of LS Group, signali ...

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Doosan Enerbility Secures ₩340 Billion Equipment Supply Deal for Two Saudi Gas-Fired Power Plants
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] SEOUL, South Korea, May 27, 2025 — Doosan Enerbility announced today that it has signed supply contracts wo ...

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Nongshim Breaks Ground on New Export-Only Ramen Factory in Busan
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] BUSAN, South Korea, May 27, 2025 — Nongshim has begun construction on a new export-only ramen production fa ...

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MBK Partners Pursues Takeover of Japanese Machine Tool Maker Makino Amid Ongoing Korean Investigation
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] MBK Partners, a private equity firm currently under investigation by Korean prosecutors over the Homeplus ca ...

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HYBE to Sell Entire Stake in SM Entertainment to Tencent Music for KRW 243.3 Billion
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Kim Jisun] SEOUL, May 27, 2025 — HYBE Corporation has announced it will sell its entire stake in SM Entertainment to T ...

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Ministry of Land, Infrastructure and Transport Imposes Fines on 3 Korean Airlines for Aviation Safety Violations
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] The Ministry of Land, Infrastructure and Transport (MOLIT) has imposed a total of 3.538 billion KRW (approxi ...

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SD Biosensor to Receive Corporate Tax Refund of 338 Billion Won, Nearly Half of Last Year’s Revenue
Reporter Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] SD Biosensor (137310), a specialist in in vitro diagnostic kits, announced on the 27th that it will receive ...

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Hyundai and Kia Sell Nearly 90,000 Vehicles in Europe in April, Market Share Slightly Declines
Reporter Kim Jisun 2025.05.28
[Alpha Biz= Paul Lee] Hyundai Motor Company and Kia sold a combined total of 89,890 vehicles in the European market last month, re ...

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CJ Logistics Increases Stake in Indian Subsidiary CJ Darcl to 56%
Reporter Kim Jisun 2025.05.27
[Alpha Biz= Kim Jisun] SEOUL, South Korea, May 27, 2025 — CJ Logistics announced that it has increased its ownership stake in its ...

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Hyundai Card Receives Financial Supervisory Service Directive to Strengthen Credit Risk Management
Reporter Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] Hyundai Card has been urged by the Financial Supervisory Service (FSS) to enhance its credit risk management ...

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KB Life Insurance Reports Suspected Employee Data Breach Following Cyberattack
Reporter Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] KB Life Insurance has reported a suspected data breach involving employee information.According to industry ...