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LG Electronics Ordered to Compensate Consumers 200,000 KRW Each for False Advertising in Appeal Court Ruling
Reporter Paul Lee 2025.03.18
[Alpha Biz= Paul Lee] LG Electronics, which was found guilty of exaggerated advertising, has been ordered to compensate 200,000 KR ...

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Nestlé and Lotte Wellfood Agree to End Operations of Lotte Nestlé Korea by Q1 2026
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Nestlé and Lotte Wellfood announced on Monday that they have agreed to conclude the operations of their joi ...

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Korean Air and Asiana Airlines Accelerate Merger Efforts with Flight Reductions and System Overhaul
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Korean Air and Asiana Airlines are accelerating their merger efforts. While Korean Air has recently underta ...

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Kakao Union Opposes Spin-off Plan for 'Daum' Portal Service, Plans Rally
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Kakao's labor union has expressed strong opposition to the company's plan to spin off the content CIC (Corp ...

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Over 3,800 Applicants for Collective Lawsuit Support for Victims of Travel Product Payment Issues on TMON and WEMAKEPRICE (Timemf)
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Over 3,800 individuals have applied for support from the Korea Consumer Agency for a collective lawsuit aim ...

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Alteogen Signs $1.35 Billion Technology Licensing Deal with AstraZeneca’s MedImmune
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Biotechnology company Alteogen announced on Monday that it signed a technology licensing agreement with Med ...

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Samsung Heavy Industries Secures $1.46 Billion Shuttle Tanker Order
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Samsung Heavy Industries (SHI) announced on Monday that it has secured an order for nine shuttle tankers fr ...

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Baek Jong-won’s Theborn Korea Hits Record Low Amid Ongoing Controversies
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Theborn Korea, led by celebrity entrepreneur Baek Jong-won, hit an all-time low on Monday amid a series of ...

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Hanwha Group to Invest 350 Billion KRW in Australian Subsidiary for Austal Acquisition
Reporter Kim Jisun 2025.03.18
[Alpha Biz= Kim Jisun] Hanwha Group is set to inject approximately 350 billion KRW into its Australian subsidiary through a rights ...

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Daol Asset Management Secures $505 Million Settlement in Legal Dispute over Washington DC Union Station Lease Rights
Reporter Paul Lee 2025.03.17
[Alpha Biz= Paul Lee] Daol Asset Management announced on Sunday that it has reached an agreement in the forced condemnation case r ...

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Financial Supervisory Service to Conduct On-Site Inspections of Major Online Loan Intermediaries
Reporter Paul Lee 2025.03.17
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) announced today that it will conduct on-site inspections of major on ...

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CJ Olive Young to Acquire Stake Held by Korea Beauty Pioneer
Reporter Paul Lee 2025.03.17
[Alpha Biz= Paul Lee] CJ Olive Young has announced that it will acquire an 11.3% stake in Korea Beauty Pioneer, which was previous ...

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Hyundai Steel's Pohang Plant Sees 80 Workers Apply for Voluntary Retirement and Transfer to Other Plants
Reporter Paul Lee 2025.03.17
[Alpha Biz= Paul Lee] Hyundai Steel has reported that 80 employees from its Pohang plant applied for voluntary retirement or for t ...

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National Pension Service Opposes Key Proposals at Samsung Electronics’ Shareholder Meeting
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] Ahead of Samsung Electronics' shareholder meeting, the National Pension Service (NPS) has announced its opp ...

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Homeplus Short-Term Bonds Worth Over ₩2 Trillion Sold to Individual Investors
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] It has been revealed that over ₩2 trillion worth of Homeplus short-term bonds have been sold to individual ...

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Celltrion to Retire Entire ₩200 Billion Worth of Treasury Shares Acquired This Year
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] Celltrion has announced the full retirement of approximately ₩200 billion worth of treasury shares acquired ...

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Nongshim Products Displayed at a Large Mart in Seoul
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] On Sunday, Nongshim’s instant noodles were displayed at a major supermarket in Seoul.Starting from the 17th ...

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Theborn Korea Responds to Allegations of Violating Food Sanitation Laws
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] Theborn Korea, led by CEO Baek Jong-won, addressed allegations of violating food sanitation laws, stating t ...

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Kia America to Focus on U.S. Production Amid Trump’s Tariff Threats
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] As former President Donald Trump signaled plans to impose tariffs on automobiles, Kia America, the U.S. sub ...

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Moody’s Downgrades SK Innovation’s Credit Rating to Non-Investment Grade
Reporter Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] On Friday (local time), international credit rating agency Moody’s downgraded SK Innovation’s credit rating ...