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Kakao Denies Sale of Kakao Entertainment, Confirms Termination of Review
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] Kakao has officially denied recent speculation regarding the potential sale of its subsidiary, Kakao Enterta ...

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Hanwha Submits Letter of Non-Punishment in Ex-LG Affiliate Ourhome CEO’s Embezzlement Case
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] August 7, 2025 – Seoul, South Korea — Hanwha Group, the new owner of food service company Ourhome, has submi ...

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SK InnoE&S Sells Cowon Energy Headquarters Site in Seoul’s Daechi-dong for KRW 505 Billion
Reporter Paul Lee 2025.08.08
[Alpha Biz= Kim Jisun] SK InnoE&S, a subsidiary of SK Innovation, announced on August 7 that its city gas affiliate Cowon Ener ...

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BGF Retail Reports Q2 Operating Profit of KRW 69.4 Billion, Down 8.9% YoY Amid Challenging Consumer Environment
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] BGF Retail, the operator of CU convenience stores, announced on August 7 that its consolidated operating pr ...

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T’way Air Announces KRW 200 Billion Capital Infusion — No-Discount Rights Issue, Capital Reduction, and Perpetual Bonds to Stabilize Finances
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] T’way Air has officially announced a large-scale capital increase plan worth KRW 200 billion to enhance its ...

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LG Chem to Sell Aesthetics Business to VIG Partners for KRW 200 Billion
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] SEOUL, August 7, 2025 — LG Chem announced today that it will sell its Aesthetics Business Unit, under the L ...

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SK Square and CJ ENM Finalize Additional Investment in Content Wavve to Launch Unified K-OTT Platform
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] SK Square announced on August 7 that it has completed preparations for launching a unified Korean OTT (K-OT ...

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Korean Air Faces Route Restrictions for Densified Economy Seating Under Antitrust Conditions
Reporter Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] SEOUL, Aug. 7 (Alpha Biz) — Korean Air’s plan to deploy Boeing 777-300ER aircraft with a denser economy cla ...

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Samsung to Produce Apple’s Next-Generation Chip at U.S. Foundry
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] Samsung Electronics will manufacture Apple’s next-generation chip at its semiconductor foundry in the United ...

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Kolon Corp. to Fully Acquire Kolon Mobility Group via Stock Swap and Tender Offer
Reporter Paul Lee 2025.08.08
[Alpha Biz= Paul Lee] Kolon Corp., the holding company of South Korea’s Kolon Group, announced on August 7 that it will convert it ...

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[Exclusive] Democratic Party Scraps 1 Billion KRW Capital Gains Tax Threshold Without Proposing Alternative — Final Decision Left to President
강명주 기자 2025.08.07
[Alpha Biz= King Myungjoo, Kim Sangjin] Seoul, Aug. 7 — Alpha Biz – South Korea’s Democratic Party has effectively decided to reje ...

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KFTC to File Criminal Complaint Against Nongshim Chairman for Allegedly Concealing Affiliates to Avoid Big Business Designation
Reporter Kim Jisun 2025.08.07
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) announced on August 6 that it plans to file a criminal complaint aga ...

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SoluM Faces Scrutiny Over Undisclosed Real Estate Deal With CEO’s Family-Owned Company
Reporter Paul Lee 2025.08.07
[Alpha Biz= Paul Lee] KOSPI-listed company SoluM has come under scrutiny for failing to disclose a real estate transaction with it ...

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Samsung Electronics Shares Fall Amid AMD Earnings Miss and Tariff Concerns
Reporter Paul Lee 2025.08.07
[Alpha Biz= Paul Lee] Samsung Electronics shares dropped more than 1.5% on August 6, distancing themselves further from the symbol ...

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OB Beer Under Tax Investigation Amid Large-Scale Customs Evasion Allegations
Reporter Paul Lee 2025.08.07
[Alpha Biz= Kim Jisun] The National Tax Service of Korea (NTS) has launched a tax investigation into OB Beer, the brewer behind Ko ...

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FSS Begins Sanctions Process Over Mis-selling of Hong Kong H-Index ELS, Fines May Reach Trillions of KRW
Reporter Kim Jisun 2025.08.07
[Alpha Biz= Kim Jisun] Seoul, August 6, 2025 – The Financial Supervisory Service (FSS) has initiated disciplinary procedures again ...

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SK Group Divests Entire Stake in Vietnam’s Vingroup, Secures Over KRW 1 Trillion for Strategic Rebalancing
Reporter Kim Jisun 2025.08.07
[Alpha Biz= Kim Jisun] Seoul, August 6, 2025 – SK Group has completed the full divestment of its 6.05% stake in Vingroup, Vietnam’ ...

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K-Bio Firms Accelerate U.S. Production as Trump Threatens Up to 250% Tariffs on Drug Imports
Reporter Kim Jisun 2025.08.07
[Alpha Biz= Kim Jisun] SEOUL, August 6, 2025 — South Korean biopharmaceutical companies are accelerating efforts to localize produ ...

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Nongshim Launches Melon Kick Snack in North America to Expand Global Reach
Reporter Paul Lee 2025.08.07
[Alpha Biz= Paul Lee] Nongshim announced on August 6 that it has begun full-scale exports of its popular Korean snack Melon Kick t ...

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Hanwha Systems to Equip KF-21 Fighter Jets with AESA Radar Systems by 2028
Reporter Kim Jisun 2025.08.07
[Alpha Biz= Kim Jisun] SEOUL, August 6, 2025 — Hanwha Systems announced that it will supply Active Electronically Scanned Array (A ...