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Naver and Kakao Paid Approximately 540 Billion KRW in Corporate Taxes Last Year
Reporter Kim Jisun 2025.03.26
[Alpha Biz= Kim Jisun] It has been reported that Naver and Kakao paid around 540 billion KRW in corporate taxes in South Korea las ...

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Financial Authorities Uncover 882 Billion Won Improper Loan Scandal at IBK Industrial Bank and Improper Housing Deals at Bithumb
Reporter Paul Lee 2025.03.26
[Alpha Biz= Paul Lee] Financial authorities have confirmed an improper loan scandal worth 882 billion won at IBK Industrial Bank o ...

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Bithumb Investigates Misuse of Housing Allowance by Former Executive
Reporter Paul Lee 2025.03.26
[Alpha Biz= Paul Lee] A former executive at the domestic cryptocurrency exchange Bithumb, who had previously served as its CEO, is ...

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MBK, Homeplus, Lotte Card Under Investigation by the Fair Trade Commission for Suspected Unfair Internal Transactions
Reporter Kim Jisun 2025.03.26
[Alpha Biz= Kim Jisun] The Fair Trade Commission (FTC) has launched a comprehensive investigation into allegations of unfair inter ...

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Shinhan Investment "DoubleU Games Performance growth maintains 'Buy'"
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] On Tuesday, Shinhan Investment Securities raised its target price for DoubleU Games from 70,000 KRW to 74,00 ...

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Hyundai E&C Selected as Construction Company for Busan 5 District Redevelopment Project
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] Hyundai Engineering & Construction has secured its first city redevelopment project contract of 2025, ha ...

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National Pension Service Forms Task Force and Hires Law Firm Amid Risk of Losing 1 Trillion Won Due to Homeplus's Corporate Rehabilitation
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] Due to Homeplus's application for corporate rehabilitation, the National Pension Service (NPS), which faces ...

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SK On Fined 15.2 Billion KRW for Foreign Exchange Law Violation... Plans to File a Lawsuit
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] SK Innovation's subsidiary, SK On, has been fined approximately 15.2 billion KRW by the Korea Customs Servic ...

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Kakao Suspends Sale of Online Cultural Gift Vouchers Issued by Culture Gift Voucher Co., Ltd.
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] Kakao announced on Thursday that it has suspended the sale of online cultural gift vouchers issued by Cultur ...

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Hanall Biopharma Announces Repurchase of Shares Worth 3.2 Billion Won
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] Hanall Biopharma announced on Monday that it has decided to repurchase its own shares worth 3.2 billion won. ...

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LG Electronics Resumes Washing Machine and Refrigerator Production in Moscow Amid Ongoing Ceasefire Talks
Reporter Paul Lee 2025.03.25
[Alpha Biz= Paul Lee] Amid ongoing ceasefire negotiations between Russia and Ukraine, LG Electronics has begun to restart its wash ...

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Lotte Global Logistics Launches IPO
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Lotte Global Logistics, a logistics subsidiary of Lotte Group, has initiated its initial public offering (I ...

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Fila Holdings Announces Shareholder Return Policy of Up to 500 Billion KRW from 2025 to 2027
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Fila Holdings announced on Monday that it will implement a shareholder return policy worth up to 500 billio ...

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Celltrion to Sell Autoimmune Disease Treatment ‘Steqeyma’ at Costco in the U.S.
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Celltrion announced on the 24th that its autoimmune disease treatment “Steqeyma” (active ingredient: usteki ...

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Worker Dies in Accident at Hyundai Motor and LG Energy Solution Joint Factory in Georgia
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] A worker has recently died in an accident while working at a Hyundai Motor and LG Energy Solution joint fac ...

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97 Insurance Agents from Mirae Asset Life's Subsidiaries Caught in Ponzi Scheme, Defrauding 1.4 Trillion KRW
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] 97 insurance agents from Mirae Asset Life’s subsidiaries, Mirae Asset Financial Services and PS Fine Servic ...

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FuriosaAI Rejects Meta’s Acquisition Offer, Focuses on Independent Chip Development
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Korean AI semiconductor design company FuriosaAI has declined Meta's acquisition offer and decided to focus ...

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Kakao Entertainment Fined for Deceptive Advertising on Social Media
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Kakao Entertainment has been caught by the Korea Fair Trade Commission (KFTC) for conducting undisclosed ad ...

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Hyundai Motor Group to Invest $20 Billion in U.S., Including $5 Billion for New Steel Plant
Reporter Kim Jisun 2025.03.25
[Alpha Biz= Kim Jisun] Hyundai Motor Group has announced plans to invest a total of $20 billion (approximately 29 trillion KRW) in ...

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Bithumb and KB Kookmin Bank Begin KRW Deposit and Withdrawal Partnership from 24th
Reporter Paul Lee 2025.03.24
[Alpha Biz= Paul Lee] Bithumb, a major cryptocurrency exchange, has initiated a partnership with KB Kookmin Bank for KRW deposit a ...