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CJ CGV Implements Voluntary Retirement for the First Time Since COVID-19
Reporter Kim Jisun 2025.03.10
[Alpha Biz= Kim Jisun] CJ CGV, Korea’s largest multiplex chain, has conducted its first voluntary retirement program since the COV ...

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E-Mart Faces Suspension Risk for Violating Hangover Remedy Regulations
Reporter Kim Jisun 2025.03.10
[Alpha Biz= Kim Jisun] E-Mart has been caught illegally selling its private brand (PB) hangover remedy, "Emergency Plan," produced ...

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BBQ Chicken Franchisees File Lawsuit Demanding Return of Excessive Franchise Fees
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] Some BBQ Chicken franchisees have filed a lawsuit against its headquarters, Genesis BBQ Group, demanding the ...

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Nextrade, Korea’s First Alternative Trading System, Delays Bulk & Basket Trading Due to System Deficiency
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] Nextrade (NXT), Korea’s first alternative trading system (ATS), has been unable to operate its bulk and bask ...

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E-Commerce Paid Membership Users Feel Benefits Fall Short of Fees
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] A recent survey revealed that many consumers using paid e-commerce memberships feel that the benefits they r ...

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KDB Industrial Bank Faces Audit Over Billions in Losses and Unfair Transactions
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] The Board of Audit and Inspection (BAI) has revealed that Korea Development Bank (KDB) suffered a $61.34 mil ...

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Two Financial Supervisory Service Employees Rejoin Bithumb as Executives
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] Two mid-level employees (Grade 3) from the Financial Supervisory Service (FSS) have rejoined the domestic cr ...

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MBK in Talks to Acquire CJ CheilJedang’s Bio Division
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] Private equity firm MBK Partners is in negotiations with CJ CheilJedang for the acquisition of its bio divi ...

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Court Temporarily Suspends Regulatory Action Against Upbit’s Operations
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] Financial authorities' regulatory action against the cryptocurrency exchange Upbit, which includes a three-m ...

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Meritz Financial Group Chairman Cho Jung-ho Surpasses Samsung’s Lee Jae-yong to Become Korea’s Wealthiest Stockholder
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Paul Lee] Cho Jung-ho, chairman of Meritz Financial Group, has overtaken Samsung Electronics chairman Lee Jae-yong to ...

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LS Cable Supplies $25 Million Worth of Aluminum Power Cables to U.S. Solar EPC Company
Reporter Paul Lee 2025.03.07
[Alpha Biz= Paul Lee] LS Cable & System and LS Eco Energy announced on Thursday that they will supply $25 million (approximate ...

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Oasis Signs Conditional Investment Agreement to Acquire TMON
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] South Korean fresh food overnight delivery company Oasis has signed a conditional investment agreement toda ...

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S&P Downgrades Credit Rating Outlook for POSCO Holdings, POSCO, and POSCO International to 'Negative'
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] Global credit rating agency S&P announced on Thursday that it has revised the credit rating outlook for ...

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Homeplus Enters Court-Managed Restructuring, Putting National Pension Fund at Risk of 1 Trillion KRW Loss
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] As Homeplus initiates corporate rehabilitation proceedings, the National Pension Service (NPS) faces a pote ...

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Lotte Chemical Secures 650 Billion KRW Through PRS Deal on Indonesian Subsidiary
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] Lotte Chemical has signed a Price Return Swap (PRS) agreement on a portion of its Indonesian subsidiary sha ...

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Naver Faces Backlash Over Unexpected Ad Restrictions on AI Startups
Reporter Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] Naver is facing controversy for blocking advertisements from AI startups, citing competition concerns. Crit ...

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Lotte Chairman Shin Dong-bin to Step Down from Lotte Chilsung Beverage Board
Reporter Paul Lee 2025.03.06
[Alpha Biz= Paul Lee] Lotte Group Chairman Shin Dong-bin will step down from his position on the board of directors of Lotte Chils ...

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Kumyang Shares Plummet After Trading Suspension Lifted Amid Regulatory Issues
Reporter Paul Lee 2025.03.06
[Alpha Biz= Paul Lee] Shares of Kumyang are plummeting after the lifting of its trading suspension, following its designation as a ...

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WEMIX Faces Delisting Risk Again After $6.7M Hack
Reporter Kim Jisun 2025.03.06
[Alpha Biz= Kim Jisun] South Korean game company Wemade’s cryptocurrency, WEMIX, is once again facing the risk of delisting after ...

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Hanmi Pharmaceutical Group Strengthens Governance with New Board Candidates
Reporter Kim Jisun 2025.03.06
[Alpha Biz= Kim Jisun] Hanmi Science, the holding company of Hanmi Pharmaceutical Group, and its core business entity, Hanmi Pharm ...