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Hanssem Reports 68% Drop in Q2 Operating Profit, Net Income Surges to KRW 32.2 Billion
Reporter Kim Jisun 2025.08.12
[Alpha Biz= Kim Jisun] SEOUL, August 11 — Hanssem Co., Ltd., a KOSPI-listed home furnishing and remodeling company, announced that ...

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Samsung Expands Role in Apple Supply Chain with Next-Gen Image Sensor and OLED Panel Contracts
Reporter Kim Jisun 2025.08.12
[Alpha Biz= Kim Jisun] SEOUL, August 11 — Samsung Electronics is strengthening its position within Apple’s supply chain, securing ...

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South Korea’s Largest Online Bookstore YES24 Hit by Second Ransomware Attack in Two Months
Reporter Kim Jisun 2025.08.12
[Alpha Biz= Kim Jisun] SEOUL, August 11 — YES24, South Korea’s largest online bookstore, suffered another ransomware attack early ...

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Jin Air Posts Q2 Loss Amid Off-Season Slump, Weak Travel Demand
Reporter Paul Lee 2025.08.12
[Alpha Biz= Paul Lee] SEOUL, Aug. 11 — South Korean low-cost carrier Jin Air reported a return to the red in the second quarter, w ...

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Korean Regulators Begin Review for First “KRW 8 Trillion” Full-Service Investment Banks Capable of Issuing IMAs
Reporter Paul Lee 2025.08.11
[Alpha Biz= Paul Lee] SEOUL, August 10 — South Korea’s financial authorities have begun formal reviews to designate securities fir ...

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Korean Banks Face Potential Multi-Trillion-Won Fines Over ELS Misselling and Collusion Allegations
Reporter Paul Lee 2025.08.11
[Alpha Biz= Paul Lee] SEOUL, August 10 — South Korea’s financial authorities have launched formal sanction procedures against seve ...

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CJ ENM Files ₩516 Billion Lawsuit Against Gyeonggi Province Over Collapse of ‘K-Culture Valley’ Project
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] CJ ENM has filed a KRW 516 billion (USD 380 million) lawsuit against Gyeonggi Province, alleging failure to ...

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Sale of SK Oceanplant Stalls as Bidders and Seller Remain Far Apart on Valuation
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] The planned sale of SK Oceanplant, an offshore wind power subsidiary of SK Ecoplant, has stalled nearly six ...

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Doosan Enerbility Poised for Potential SMR Order Following NuScale Power Collaboration
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] Doosan Enerbility is reportedly nearing a contract with U.S.-based NuScale Power for the supply of componen ...

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Yeochun NCC Faces Default Risk Amid Financial Crisis, Raising Concerns in Petrochemical Sector
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] Yeochun NCC, a major petrochemical producer located in the Yeosu National Industrial Complex, is facing a l ...

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Hyundai Motor and GM to Jointly Develop Five Vehicle Models for the Americas, Raising Concerns Over GM’s Long-Term Presence in Korea
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] Hyundai Motor Company and U.S. automaker General Motors (GM) have agreed to jointly develop five vehicle mo ...

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Credit Agencies Warn of Potential Downgrade for POSCO E&C Amid Series of Fatal Accidents
Reporter Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] South Korean credit rating agencies are voicing concerns over a possible downgrade of POSCO E&C, follow ...

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Asiana Airlines Pushes Mileage Redemption Ahead of Korean Air Merger to Reduce Liabilities
Reporter Paul Lee 2025.08.11
[Alpha Biz= Paul Lee] SEOUL, August 10 — Asiana Airlines is ramping up efforts to encourage customers to redeem their mileage poin ...

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South Korean Government Launches Nationwide Safety Probe into POSCO E&C Sites Following Fatal Accidents
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] The Ministry of Land, Infrastructure and Transport (MOLIT) of South Korea announced on August 7 that it has ...

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Kakao Denies Sale of Kakao Entertainment, Confirms Termination of Review
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] Kakao has officially denied recent speculation regarding the potential sale of its subsidiary, Kakao Enterta ...

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Hanwha Submits Letter of Non-Punishment in Ex-LG Affiliate Ourhome CEO’s Embezzlement Case
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] August 7, 2025 – Seoul, South Korea — Hanwha Group, the new owner of food service company Ourhome, has submi ...

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SK InnoE&S Sells Cowon Energy Headquarters Site in Seoul’s Daechi-dong for KRW 505 Billion
Reporter Paul Lee 2025.08.08
[Alpha Biz= Kim Jisun] SK InnoE&S, a subsidiary of SK Innovation, announced on August 7 that its city gas affiliate Cowon Ener ...

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BGF Retail Reports Q2 Operating Profit of KRW 69.4 Billion, Down 8.9% YoY Amid Challenging Consumer Environment
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] BGF Retail, the operator of CU convenience stores, announced on August 7 that its consolidated operating pr ...

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T’way Air Announces KRW 200 Billion Capital Infusion — No-Discount Rights Issue, Capital Reduction, and Perpetual Bonds to Stabilize Finances
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] T’way Air has officially announced a large-scale capital increase plan worth KRW 200 billion to enhance its ...

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LG Chem to Sell Aesthetics Business to VIG Partners for KRW 200 Billion
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] SEOUL, August 7, 2025 — LG Chem announced today that it will sell its Aesthetics Business Unit, under the L ...

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