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Hugel Earns Nearly 25 Billion Won in Profit from Full Sale of Olix Shares
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] Hugel has made a significant profit of up to 25 billion won by selling all of its shares in Olix.According ...

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Costco Korea and Labor Union Fail to Reach Wage Agreement; Strike Possible
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] The first wage negotiations between Costco Korea and its labor union have ended in failure, and the union h ...

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Homeplus Declared Bankrupt as Its Promissory Note is First Dishonored by Banks
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] Homeplus, which recently entered corporate rehabilitation procedures, has had its promissory note dishonore ...

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Cheil Worldwide Acquires North American Media Marketing Firm ‘Lockard & Wechsler’
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] On Monday, the industry reported that Cheil Worldwide has acquired the U.S. media marketing company Lockard ...

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KB Insurance Employee Embezzles Unclaimed Refunds
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] On Monday (10th), KB Insurance disclosed that an employee had embezzled unclaimed cancellation refunds from ...

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Naver to Launch Separate Shopping App on the 12th
Reporter Kim Jisun 2025.03.11
[Alpha Biz= Kim Jisun] On Monday, Naver announced that approximately 400,000 users have signed up for the pre-registration event o ...

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Kyobo Life Insurance Resolves 7-Year-Long Put Option Dispute, Sells Entire Stake Held by Affinity and GIC
Reporter Kim Jisun 2025.03.10
[Alpha Biz= Paul Lee] On the 7th, Kyobo Life Insurance announced that it had sold the 9.05% and 4.50% stakes held by global privat ...

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Financial Services Commission to Conduct On-Site Inspection of Bithumb
Reporter Paul Lee 2025.03.10
[Alpha Biz= Paul Lee] The Financial Services Commission's Financial Intelligence Unit (FIU) is set to begin an on-site inspection ...

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Shinhan Bank Employee Embezzles Hundreds of Millions in Loan Fraud Scheme Over Three Years
Reporter Paul Lee 2025.03.10
[Alpha Biz= Paul Lee] A large embezzlement case has occurred at Shinhan Bank, where an employee has fraudulently approved loans by ...

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FSS Investigating Suspicious Profits from Stock Price Manipulation Involving Samboo Construction Linked to Ukraine Reconstruction
Reporter Paul Lee 2025.03.10
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) is reportedly investigating the funds related to Samboo Engineering ...

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SK hynix to Exit CMOS Image Sensor (CIS) Business After 18 Years
Reporter Paul Lee 2025.03.10
[Alpha Biz= Kim Jisun] SK hynix has decided to exit the CMOS Image Sensor (CIS) business after 18 years. The company will transiti ...

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Samsung Heavy Industries Set to Secure 1.9 Trillion KRW Deal to Build 9 Shuttle Tankers for Brazilian Shipping Company
Reporter Paul Lee 2025.03.10
[Alpha Biz= Paul Lee] Samsung Heavy Industries is on the verge of securing a massive contract worth approximately 1.9 trillion KRW ...

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CJ CheilJedang Receives Acquisition Proposal for Its Bio Division from MBK Partners
Reporter Paul Lee 2025.03.10
[Alpha Biz= Paul Lee] CJ CheilJedang has received an acquisition proposal for its bio division from the private equity firm MBK Pa ...

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National Pension Service Faces Investment Loss Risks Due to Homeplus Corporate Restructuring
Reporter Kim Jisun 2025.03.10
[Alpha Biz= Kim Jisun] The National Pension Service (NPS) recently reported its investment status regarding the corporate restruct ...

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Namyang Dairy to Buy Back and Cancel Shares for Third Time After Acquisition by Hahn & Company
Reporter Kim Jisun 2025.03.10
[Alpha Biz= Kim Jisun] Namyang Dairy has announced that it will buy back and cancel its shares once again, marking the third insta ...

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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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