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BNK Financial Group to Acquire Hyundai Securities Building in Yeouido
Reporter Paul Lee 2025.02.24
[Alpha Biz= Paul Lee] The Hyundai Securities Building in Yeouido is set to be acquired by BNK Financial Group.According to BNK Fin ...

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IBK Employees Allegedly Deleted Evidence During Investigation of 24 Billion Won Improper Loans
Reporter Paul Lee 2025.02.24
[Alpha Biz= Paul Lee] Employees of Industrial Bank of Korea (IBK) are under investigation for allegedly deleting evidence during a ...

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NPS Reduces Stake in Meritz Financial Holdings Despite Record Performance
Reporter Paul Lee 2025.02.24
[Alpha Biz= Paul Lee] Meritz Financial Holdings achieved its highest-ever performance last year, but National Pension Service (NPS ...

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Financial Supervisory Service Scrutinizes Banks’ Loan Interest Rate Calculations Amid Concerns Over Reduced Discount Rates
Reporter Paul Lee 2025.02.24
[Alpha Biz= Paul Lee] Amid concerns that the impact of interest rate cuts by the Bank of Korea has not been reflected in loan inte ...

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Doosan Bobcat Reaffirms Commitment to Mexico Plant Despite U.S. Tariff Threat
Reporter Paul Lee 2025.02.24
[Alpha Biz= Paul Lee] Despite the U.S. government's plan to impose a 25% tariff on Mexican products starting next month, Doosan Bo ...

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SK Hynix to Finalize Intel NAND Business Acquisition Next Month
Reporter Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] SK Hynix is set to complete its acquisition of Intel’s NAND business next month, gaining full control over ...

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Additional Collusion Uncovered in Built-in Furniture Procurement Bids
Reporter Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] Another case of bid-rigging in the procurement of built-in special-order furniture by furniture manufacture ...

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K-Beauty Industry Expands Overseas Amid Global Boom
Reporter Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] The cosmetics industry, benefiting significantly from the global K-beauty craze, is making extensive effort ...

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Choi Tae-won Considers Additional U.S. Investments If Incentives Are Provided Under Trump’s Second Term
Reporter Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] Choi Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, stated that he wo ...

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Shinhan Investment Adjusts Target Price for Meritz Financial Holdings to 143,000 KRW on Improved Performance and Shareholder Return Expectations
Reporter Paul Lee 2025.02.21
[Alpha Biz= Paul Lee] Shinhan Investment Securities raised its target price for Meritz Financial Holdings from 130,000 KRW to 143, ...

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Samsung Life Pushes for Subsidiary Status of Samsung Fire & Marine Insurance Without Additional Share Purchases
Reporter Paul Lee 2025.02.21
[Alpha Biz= Paul Lee] Samsung Life Insurance has stated that it is not planning to purchase additional shares of Samsung Fire & ...

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Financial Supervisory Service to Conduct Regular Inspections on Big Tech Firms Like Naver, Kakao, and Toss
Reporter Paul Lee 2025.02.21
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has announced plans to begin regular inspections of big tech compani ...

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Korean Tax Authority Launches Investigation into Upbit Operator Dunamu
Reporter Paul Lee 2025.02.21
[Alpha Biz= Paul Lee] The National Tax Service (NTS) has initiated a tax investigation into Dunamu, the operator of the largest cr ...

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HYBE and Dunamu Join Korea Economic Association Amid Expanding Industry Representation
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] HYBE and Dunamu have newly joined the Korea Economic Association (KEA), the organization announced on Thurs ...

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Osang Healthcare Invests Additional $2 Million in U.S. Molecular Diagnostics Startup Cryptos Biotechnology
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Osang Healthcare announced on Thursday that it has executed a follow-up investment of $2 million in Cryptos ...

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Asiana Airlines Faces Legal Battle with Labor Union Over Employee Transfers to Air Incheon
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Asiana Airlines is facing a conflict with its labor union over the transfer of some employees to Air Incheo ...

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Hyundai Motor and GM to Collaborate on Global Production Amid Rising Competition and Tariff Concerns
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] Hyundai Motor Group and U.S.-based General Motors (GM) are set to form a comprehensive partnership involvin ...

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KT&G Recalls lil SOLID 3.0 Devices Due to Heater Pin Defect
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] KT&G announced on Thursday that it will voluntarily conduct a free replacement recall for its "lil SOLI ...

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HMM Selected as Preferred Bidder for Acquisition of SK Shipping's Bulk Carrier Business
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] South Korea’s largest shipping company, HMM, has been confirmed as the preferred bidder for the acquisition ...

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Apple to Introduce RCS Messaging on iPhones in South Korea, Resolving User Inconveniences
Reporter Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] The Korea Communications Commission (KCC), chaired by Lee Jin-sook, announced on Wednesday that Apple will ...