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Summary of Credit Rating Downgrades for Taekwang Financial Group Affiliates:
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] On April 25, NICE Investors Service announced credit rating downgrades for three savings banks under the Tae ...

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HMM Denies Reports of Halting SK Shipping Acquisition
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] HMM, South Korea’s largest shipping company formerly known as Hyundai Merchant Marine, announced on April 2 ...

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Summary of Financial Supervisory Service (FSS) Advisory Regarding SK Telecom Hacking Incident:
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has issued an advisory to financial institutions regarding the recen ...

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LS Cable & System Plans to Increase Stake in Gaon Cable to 90% Through On-Market Purchases
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] LS Cable & System (LS C&S) plans to increase its ownership stake in its subsidiary, Gaon Cable, to ...

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Ki-Won Choi, Chairperson of the Happy Nanum Foundation, Purchases Additional Shares in SK
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Ki-Won Choi, Chairperson of the Happy Nanum Foundation and younger sister of SK Group Chairman Chey Tae-won ...

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U.S. Protectionist Policies and Trade Wars Hit the Aviation Industry
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] The aviation industry is feeling the effects of U.S. President Donald Trump's protectionist and anti-immigr ...

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Hanwha Group to Acquire Full Ownership of REC Silicon to Strengthen Electronic Materials Business
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Hanwha Group announced on April 25 that it will pursue the acquisition of Norway-based REC Silicon through ...

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SK Telecom to Sell Entire Stake in Kakao for 413.3 Billion Won through Block Deal
Reporter Paul Lee 2025.04.27
[Alpha Biz= Paul Lee] SK Telecom (SKT) announced on April 25 that it will sell its entire stake in Kakao, amounting to 413.3 billi ...

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Hyundai Steel Posts Second Consecutive Quarterly Loss Amid Industry Slump
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Hyundai Steel reported an operating loss of 19 billion KRW in the first quarter of 2024, marking a return to ...

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SK Telecom Reported Hacking Incident Beyond Legal Time Limit, Citing Thorough Analysis Needs
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Seoul, April 24, 2025 — SK Telecom failed to report a recent hacking attack within the legally required 24- ...

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Four Major Convenience Store Chains Avoid Sanctions with Voluntary Corrections Over Supplier Penalties
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Four major South Korean convenience store chains—GS25, CU, 7-Eleven, and Emart24—have avoided regulatory pen ...

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LG Energy Solution Continues Talks on Indonesian Battery Plant Despite EV Project Setback Press Release
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Date: April 24, 2025 - Following the cancellation of LG Energy Solution’s 11 trillion KRW electric vehicle ...

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Naver Cloud Releases Lightweight AI Model 'HyperClova X Seed' as Open Source
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] On April 23, Naver Cloud announced that it will release three versions of its self-developed lightweight AI ...

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Hanwha Semitec Sends Legal Notice to Hanmi Semiconductor Over Alleged Dissemination of False Information
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Hanwha Semitec has issued a formal legal notice to Hanmi Semiconductor, demanding the immediate cessation o ...

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Kyobo Life to Acquire SBI Savings Bank as Part of Financial Holding Company Expansion Strategy
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Kyobo Life's move to acquire SBI Savings Bank is driven by the need to expand its business areas for its tra ...

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Prosecutors Seek Arrest Warrants for IBK Industrial Bank Employees in 800 Billion KRW Loan Fraud Case
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Prosecutors have filed arrest warrants for two IBK Industrial Bank employees involved in a suspected 800 bil ...

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KB Financial Group Reports Record-High First-Quarter Earnings
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — KB Financial Group announced its highest-ever quarterly earnings for Q1, reaching 1 ...

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Prosecutors Expand Insider Trading Probe to NH Investment & Securities Amid Korea Zinc Dispute
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] South Korean prosecutors have widened their investigation into alleged insider trading and unfair practices ...

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Prosecutors Launch Forced Investigation Into MedicoX's Management Over Alleged Embezzlement and False Disclosure
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — Prosecutors have launched a forced investigation into the management of MedicoX, a ...

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POSCO Holdings Addresses Possibility of POSCO Future M's Capital Increase Amid Economic Challenges
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — POSCO Holdings confirmed on April 24 that the possibility of a capital increase for ...