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Yanolja CEO Lee Su-jin Donates 100 Shares of Company Stock to Global Employees
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Lee Su-jin, CEO of Yanolja, has decided to gift 100 shares of the company stock to all global employees as ...

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Lotte Chemical Sells 4.9% Stake in Resona, Securing Additional Liquidity
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Lotte Chemical has sold a 4.9% stake in the Japanese company Resona, raising 2.75 trillion won in additiona ...

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SC Bank Loses Final Appeal in 40 Billion Won Claim Lawsuit with Korea Line Corporation
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] The Supreme Court has ruled that Standard Chartered Bank (SC Bank) is not required to fully pay the 40 bill ...

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SpaceX’s Starlink Set to Launch Satellite Internet Service in South Korea
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] SpaceX’s satellite internet service, Starlink, is expected to officially launch in South Korea soon. The go ...

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SoftBank Plans AI-Powered Industrial Parks Across the U.S.
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Japan's SoftBank Group is reportedly considering building AI-equipped industrial parks across the United St ...

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Krafton Acquires Indian Cricket Game Developer Nautilus Mobile for $13.75 Million
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Krafton has secured management control of Indian cricket game developer Nautilus Mobile by acquiring its sh ...

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Samsung C&T Selected as Contractor for Shinbanpo 4th Reconstruction Project
Reporter Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Samsung C&T’s Construction Division announced on the 30th that it has been selected as the final contra ...

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Hyundai Motor Securities: "Amorepacific's Growth in the U.S. and Europe Continues, Turnaround Expected in H2"
Reporter Paul Lee 2025.03.28
[Alpha Biz= Paul Lee] Hyundai Motor Securities assessed that Amorepacific is expected to turn around after restructuring its opera ...

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Financial Authorities Halt Hanwha Aerospace's $2.7 Billion Rights Offering, Citing Insufficient Justification
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] Just a week after Hanwha Aerospace announced its record-breaking 3.6 trillion KRW ($2.7 billion) rights off ...

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Upbit's Partial Business Suspension Temporarily Halted by Court Decision
Reporter Paul Lee 2025.03.28
[Alpha Biz= Paul Lee] Upbit, a cryptocurrency exchange, has temporarily suspended the 'partial business suspension' penalty it rec ...

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NCSoft Wins Lawsuit Against Webzen Over 'Lineage M' Copyright Infringement
Reporter Paul Lee 2025.03.28
[Alpha Biz= Paul Lee] NCSoft has won a lawsuit against Webzen, claiming that Webzen infringed on the copyright of its MMORPG Linea ...

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LG Chem Voluntarily Halts Global Phase 3 Clinical Trial of Gout Treatment 'LC350189'
Reporter Paul Lee 2025.03.28
[Alpha Biz= Paul Lee] LG Chem announced on the 27th that it has voluntarily discontinued the global Phase 3 clinical trial for 'LC ...

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Hyundai Steel to Shut Down Incheon Plant Rebar Production Line Next Month
Reporter Paul Lee 2025.03.28
[Alpha Biz= Paul Lee] Hyundai Steel announced on Thursday that it will completely shut down the rebar production line at its Inche ...

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Korea Investment Holdings to Pursue Insurance Company Acquisition
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] Korea Investment Holdings is planning to acquire an insurance company, with a focus on small and medium-siz ...

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Hoban Construction to Consider Appeal to Supreme Court Following Partial Cancellation of Fair Trade Commission's Fine
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] The court has ruled to cancel part of the 60.8 billion KRW fine imposed by the Fair Trade Commission (FTC) ...

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SK Hynix to Finalize 2025 HBM Supply Deals with Nvidia and Major Clients by Mid-Year
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] Boosted by the rapid growth of its High Bandwidth Memory (HBM) business, SK Hynix achieved record-breaking ...

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JW Pharmaceutical and CEO Indicted for Tax Evasion Over Rebate Expenses
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] The prosecution has charged JW Pharmaceutical and its CEO with tax evasion for falsely accounting rebate ex ...

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HanAll Biopharma Files Counterclaim in ICC Arbitration to Terminate HL161 License Agreement with Harbour BioMed in China
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] HanAll Biopharma announced on Thursday that it has submitted a counterclaim in the International Chamber of ...

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Woori Card Faces KRW 13.4 Billion Fine for Unauthorized Use of Merchant Data
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] Woori Card has been hit with a KRW 13.45 billion fine for using franchise owners' personal information for ...

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Dongjin Semichem Reshapes Leadership with Reappointment of Vice Chairman Lee Joon-hyuk
Reporter Kim Jisun 2025.03.28
[Alpha Biz= Kim Jisun] Dongjin Semichem announced on Thursday that it had reappointed Vice Chairman (and CEO) Lee Joon-hyuk as an ...