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SK Telecom CEO to Testify in Parliament Over USIM Hacking Controversy
Reporter Kim Jisun 2025.04.30
[Alpha Biz= Kim Jisun] SEOUL, April 30 – SK Telecom CEO Yoo Young-sang is scheduled to appear before South Korea’s National Assemb ...

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Financial Supervisory Service Head Addresses Concerns Over Homeplus and MBK Partners
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] On the 28th, Lee Bok-hyun, the head of the Financial Supervisory Service (FSS), responded to concerns about ...

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Kyobo Life Acquires SBI Savings Bank, Marking Its Full Entry into the Savings Bank Sector
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Kyobo Life is making a full-fledged entry into the savings bank industry by acquiring SBI Savings Bank, in a ...

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Concerns Over Financial Stability Grow for Domestic Petrochemical Companies Amid Supply Glut and US Tariff Fears
Reporter Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Amid an ongoing supply glut driven by China's low-cost production and increasing fears of US tariffs, financ ...

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Shilla Duty Free to Implement Workforce Streamlining Measures Amid Economic Challenges
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Paul Lee] Shilla Duty Free, operated by Hotel Shilla, is set to begin workforce efficiency measures as part of its cos ...

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Doosan Bobcat Reports 1st Quarter Operating Profit of KRW 200 Billion, 38.6% Decrease Year-over-Year
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] Doosan Bobcat announced that its operating profit for the first quarter of 2025 reached KRW 200 billion, ma ...

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Industrial Accidents at Ourhome Business Sites Average About 80 Annually
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] The number of industrial accidents at food company Ourhome's business sites has been revealed to average ab ...

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LS Marine Solutions Secures $15.8 Million Undersea Cable Contract with Taiwan Power Company
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] LS Marine Solutions, a leading specialist in undersea cable installation, announced on April 28 that it has ...

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Samsung Biologics Secures Second CMO Deal of 2024 Worth KRW 7.4 Trillion, Achieving Half of 2023’s Total Orders
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] Samsung Biologics announced on April 28 that it has signed its second contract manufacturing organization ( ...

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LG Chem to Sell Water Solutions Business to Glenwood PE for Over KRW 1 Trillion
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] LG Chem has selected Glenwood Private Equity (PE) as the preferred bidder to acquire its Water Solutions di ...

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SK Siltron Union Holds Rally Demanding Transparency Over Potential Sale Process
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] On April 28, the labor union of SK Siltron announced that it had held its first rally demanding transparenc ...

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KDB to Sell Hanwha Ocean Shares After 25 Years as Major Shareholder
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] Korea Development Bank (KDB) is set to divest its stake in Hanwha Ocean (formerly Daewoo Shipbuilding & ...

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230,000 SK Telecom Customers Replace USIM Cards on First Day of Free Replacement Program
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] On April 28, the first day of SK Telecom’s free USIM (Universal Subscriber Identity Module) replacement pro ...

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Court Dismisses Arrest Warrants for IBK Bank Employees Suspected in ₩80 Billion Fraud Case
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] Arrest warrants for current and former employees of Industrial Bank of Korea (IBK), who are under suspicion ...

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Financial Supervisory Service Investigates Possible Data Breach at Major Insurance Agencies
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) announced on April 27 that signs of a hacking incident have been det ...

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Samsung SDI Reports Second Consecutive Quarterly Loss Amid Weak EV Demand and Seasonal Slowdown
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] Samsung SDI has posted a second consecutive quarterly loss. In the first quarter of this year, the company r ...

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Hotel Shilla Reports Operating Loss of 2.5 Billion Won in Q1 2025
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] Hotel Shilla, a listed company on the KOSPI, reported an operating loss of 2.5 billion won for the first qua ...

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SK On Secures New EV Startup Customer in the U.S., Expanding Market Presence
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] SK On announced on April 25 that it has been selected as the exclusive battery supplier for Slate, a U.S.-b ...

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Hyosung Chemical to Sell 49% Stake in Vietnamese Subsidiary via Price Return Swap (PRS)
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] On April 25, Hyosung announced that its chemical arm, Hyosung Chemical, will sell a 49% stake in its Vietna ...

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Samsung to Invest Additional ₹10 Billion in Tamil Nadu Home Appliance Plant
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Samsung Electronics is strengthening its presence in the Indian market with an additional investment of ₹10 ...