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Korea’s Health Insurance Agency Loses Appeal in Smoking-Related Damages Lawsuit Against Tobacco Firms
Reporter Paul Lee 2026.01.16
[Alpha Biz= Paul Lee] South Korea’s National Health Insurance Service (NHIS) has lost its appeal in a lawsuit seeking compensation ...

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U.S. Treasury Secretary’s Rare Verbal Intervention Fails to Cool Surging Won-Dollar Exchange Rate
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] SEOUL, South Korea — Even the "ultra-strong card" of verbal intervention from the U.S. Treasury Secretary h ...

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Court Upholds Record KRW 15.1 Billion Fine on Kakao Over Personal Data Breach
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] Kakao Corp. lost a legal challenge against a record administrative fine imposed over a large-scale personal ...

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Shinsegae Property Warns of Legal Action Over IGIS Asset Management’s Push to Sell Centerfield
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] Shinsegae Property has voiced strong opposition to IGIS Asset Management’s move to sell Centerfield, warnin ...

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Coupang Sees Daily Card Spending Drop by KRW 5.6 Billion After Massive Data Breach
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] Coupang has seen a sharp decline in card payment volumes in the month following its large-scale personal da ...

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Supreme Court Orders Pizza Hut Korea to Refund $15.5M in "Hidden" Franchise Fees to Store Owners
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] South Korea’s Supreme Court has ruled that Pizza Hut Korea must refund hundreds of billions of won in so-ca ...

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Korean Air Posts Record Revenue in 2025 but Sees Sharp Drop in Operating Profit
Reporter Kim Jisun 2026.01.16
[Alpha Biz= Kim Jisun] Korean Air reported record-high annual revenue in 2025, although its operating profit declined sharply amid ...

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HMM Faces Wave of Lawsuits from U.S. Shippers Over Alleged Contract Breaches During Pandemic
Reporter Paul Lee 2026.01.16
[Alpha Biz= Paul Lee] HMM, South Korea’s largest container shipping company, is facing a series of lawsuits filed by U.S. cargo ow ...

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BTS Concert and Busan One Asia Festival to Boost Local Economy in June
Reporter Paul Lee 2026.01.16
[Alpha Biz= Paul Lee] The global K-pop sensation BTS will perform in Busan this June, coinciding with the 2026 Busan One Asia Fest ...

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Hanwha Group Announces Corporate Split to Establish New Holding Company for Machinery and Lifestyle Businesses
Reporter Kim Jisun 2026.01.15
[Alpha Biz= Kim Jisun] Seoul, January 14, 2026 – Hanwha Group, the seventh-largest conglomerate in South Korea, announced today a ...

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KT Loses Over 310,000 Subscribers During Two-Week Early Termination Fee Waiver
Reporter Paul Lee 2026.01.15
[Alpha Biz= Paul Lee] KT lost more than 310,000 subscribers during a two-week period in which it waived early termination fees as ...

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Korail to Terminate Some Contracts with Dawonsys Over ITX-Maum Delivery Delays
Reporter Paul Lee 2026.01.15
[Alpha Biz= Paul Lee] Korea Railroad Corporation (Korail) will terminate part of its contracts with domestic train manufacturer Da ...

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Over 300 Franchisees File Class Action Against Woowa Brothers Over “Unfair” Delivery Fees
Reporter Paul Lee 2026.01.15
[Alpha Biz= Paul Lee] More than 300 franchise owners nationwide have filed a class-action lawsuit against Woowa Brothers, the oper ...

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Samsung Biologics to Complete U.S. Rockville Plant Acquisition by March, Plans Production Expansion
Reporter Paul Lee 2026.01.15
[Alpha Biz= Paul Lee] Samsung Biologics is set to finalize the acquisition of its production facility in Rockville, Maryland, U.S. ...

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FSS Launches Special Review of Bank Holding Companies Following Presidential Criticism of ‘Self-Reappointment’ Practices
Reporter Paul Lee 2026.01.15
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has initiated a special review of eight major bank holding companies ...

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Hanwha Ocean Wins Appeal Against Hundreds of Billions of Won in Late Fees Imposed by DAPA
Reporter Kim Jisun 2026.01.15
[Alpha Biz= Kim Jisun] Hanwha Ocean has won its second court victory in a legal dispute with South Korea’s Defense Acquisition Pro ...

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Taekwang Industrial to Acquire DongSung Pharmaceutical in Consortium with UAMCO
Reporter Kim Jisun 2026.01.15
[Alpha Biz= Kim Jisun] Taekwang Industrial announced on Friday that it will acquire mid-sized pharmaceutical company DongSung Phar ...

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Coupang Faces Backlash Over Limited Compensation for Data Breach Victims
Reporter Kim Jisun 2026.01.15
[Alpha Biz= Kim Jisun] Coupang’s compensation plan for victims of a large-scale personal data breach is drawing growing criticism, ...

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Hanwha Confirms Pre-IPO of Hanwha Energy, Rules Out Merger with Hanwha Corp.
Reporter Kim Jisun 2026.01.15
[Alpha Biz= Kim Jisun] On January 14, following its announcement of a corporate spin-off, Hanwha held a conference call to confirm ...

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