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SK Planet and Wemade Conclude Strategic Partnership to Refocus on Core Businesses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] SEOUL, June 30, 2025 – SK Planet and Wemade have mutually agreed to end their strategic partnership to bett ...

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LG Electronics Acquires Norway’s OSO to Bolster Global HVAC and Hot Water Solutions
Reporter Paul Lee 2025.07.01
[Alpha Biz= Kim Jisun] SEOUL, June 30, 2025 – LG Electronics announced it has signed an agreement to acquire 100% of OSO Hotwater ...

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Korea’s Fair Trade Commission Launches Probe into Retail Sector’s Information Service Fees
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s Fair Trade Commission (FTC) announced that it will conduct a comprehen ...

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HYBE to Establish India Subsidiary, Expanding Global K-pop Business Model
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — HYBE, the global entertainment company behind BTS, announced plans to establish a lo ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp. Amid Continued Losses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies — Korea Investors Service (KIS), Ko ...

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POSCO Holdings to Launch First Korean Lithium Extraction Project in the U.S.
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — POSCO Holdings announced today that it has signed a Memorandum of Understanding (MOU ...

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NAVER to Bring Robotics and Smart City Technologies to Saudi Arabia’s Futuristic ‘New Murabba’
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — NAVER Cloud has signed a Memorandum of Understanding (MOU) with the New Murabba Deve ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp Amid Prolonged Losses
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies—Korea Investors Service (KIS), Kore ...

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LG Chem Postpones Additional Stake Acquisition in Hungarian JV with Toray for Second Time
Reporter Kim Jisun 2025.07.01
[Alpha Biz= Kim Jisun] LG Chem has once again postponed its planned acquisition of an additional 20% stake in LG Toray Hungary Bat ...

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Security Flaw in Subway Korea’s Online Ordering System Exposes Customer Data
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] A serious data security flaw has been discovered in the online ordering system of Subway Korea, potentially ...

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Truston Asset Management Files Injunction to Block Taekwang Industrial’s ₩320 Billion EB Issuance Using Treasury Shares
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] Truston Asset Management announced on June 29 that it has filed for an injunction to halt Taekwang Industria ...

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Samsung SDI's Massive Capital Increase Drives Nearly 400% Surge in Korea’s Equity Issuance in May
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] Equity issuance in South Korea surged nearly 400% in May, largely driven by a massive ₩1.65 trillion (approx ...

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Korea Investors Service Downgrades Pulmuone Foods’ Credit Rating Amid Prolonged Profitability Challenges
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] On June 27, Korea Investors Service (KIS) announced a downgrade of Pulmuone Foods Co., Ltd.’s unsecured bond ...

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Kakao Pay Plunges Over 10% After Trading Resumes Amid Stablecoin Policy Uncertainty
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] Kakao Pay shares tumbled more than 10% on June 27, immediately after resuming trading following a temporary ...

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Court Rules in Favor of Young Poong in Management Dispute with Korea Zinc over Share Issuance
Reporter Paul Lee 2025.06.30
[Alpha Biz= Paul Lee] A South Korean court has ruled in favor of Young Poong Group in its high-profile legal dispute with Korea Zi ...

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Former Lotte Executive Shin Dong-joo Fails in 11th Attempt to Rejoin Lotte Holdings Board
Reporter Kim Jisun 2025.06.30
[Alpha Biz= Kim Jisun] Shin Dong-joo, the elder brother of Lotte Group Chairman Shin Dong-bin and former Vice Chairman of Japan’s ...

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SK hynix Proposes Significant Increase to Performance Bonus Cap in Ongoing Wage Negotiations
Reporter Kim Jisun 2025.06.30
[Alpha Biz= Kim Jisun] SK hynix has proposed a major revision to its performance-based compensation structure, including raising t ...

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Korean Air Flight Bound for Jeju Makes Safe Emergency Landing Due to Flap Malfunction
Reporter Kim Jisun 2025.06.30
[Alpha Biz= Kim Jisun] A Korean Air passenger flight bound for Jeju Island made a safe emergency landing on June 27 after the capt ...

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Former President Yoon Seok-yeol Requests Delay of Second Special Counsel Interrogation Until After July 3
Reporter Kim Jisun 2025.06.30
[Alpha Biz= Kim Jisun] On June 29, legal representatives for former South Korean President Yoon Seok-yeol formally requested that ...

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HD Hyundai Electric Signs MOU with Norway’s Bulk Infrastructure to Expand in European Data Center Market
Reporter Kim Jisun 2025.06.30
[Alpha Biz= Kim Jisun] HD Hyundai Electric, the power equipment and energy solutions subsidiary of HD Hyundai, announced on June 2 ...