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Samsung Bolsters Foundry Sales in the U.S. with Big Tech Clients in Sight
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] Samsung Electronics is ramping up its foundry sales operations in the United States through its semiconduct ...

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Hanwha Solutions Raises KRW 500 Billion Through Equity Swap Involving German Subsidiary
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] On June 23, Hanwha Solutions announced that it has raised approximately KRW 500 billion by selling a portio ...

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Hanwha Systems Signs MOU with Northrop Grumman for Integrated Air Defense Cooperation
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] Hanwha Systems announced on June 23 that it has signed a Memorandum of Understanding (MOU) with U.S. defens ...

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LS ELECTRIC to Supply Power Control Systems for Liquid-Cooled NVIDIA AI Servers
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] LS ELECTRIC is set to supply power control equipment, including switchgear and circuit breakers, for liquid ...

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Baek Jong-won’s The Born Korea Referred to Prosecutors for Country-of-Origin Labeling Violation
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] Celebrity chef and restaurateur Baek Jong-won’s food franchise company, The Born Korea, has been referred t ...

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Kiwoom Securities Hit by Another Trading System Delay, Just Two Months After Previous Glitch
Reporter Paul Lee 2025.06.24
[Alpha Biz= Paul Lee] Kiwoom Securities experienced another trading system delay on June 20, marking its third such incident in tw ...

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Korea Ratings Downgrades Dongwon Construction’s Unsecured Bond Rating to 'BBB-' with Stable Outlook
Reporter Paul Lee 2025.06.24
[Alpha Biz= Paul Lee] Korea Ratings (KIS) announced on June 23 that it has downgraded Dongwon Construction Industry’s unsecured bo ...

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Lotte E&C’s First Bond Offering of 2024 Fails to Attract Any Institutional Demand
Reporter Paul Lee 2025.06.24
[Alpha Biz= Paul Lee] Lotte Engineering & Construction (Lotte E&C) failed to secure any institutional investor interest in ...

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Additional Cases of Salmonella Outbreak Linked to Pulmuone Bread Products Confirmed Across Multiple Regions
Reporter Paul Lee 2025.06.24
[Alpha Biz= Paul Lee] The Korea Disease Control and Prevention Agency (KDCA) announced on June 23 that three more instances of gro ...

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Korean Air Faces Profitability Risk Amid Rising Oil Prices and Middle East Tensions
Reporter Paul Lee 2025.06.24
[Alpha Biz= Paul Lee] As Korean Air prepares for its merger with Asiana Airlines, it now finds itself facing a new geopolitical ch ...

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Ildong Holdings Sells Stake in Ildong Bioscience to Institutional Investors for KRW 30 Billion
Reporter Kim Jisun 2025.06.24
[Alpha Biz= Kim Jisun] Ildong Holdings announced on June 23 that it will sell 3,809,523 shares of its subsidiary, Ildong Bioscienc ...

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Toss Bank Finance Team Leader Embezzles KRW 2.78 Billion; Police Investigation Underway
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Toss Bank, one of South Korea’s internet-only banks, has confirmed that a finance team leader embezzled KRW ...

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Pulmuone's Food Distribution Unit Issues Apology Over Food Poisoning Incident
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Foodmerce, the food distribution affiliate of Pulmuone, has issued a formal apology regarding a recent food ...

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Kakao Entertainment Executives Reiterate Denial of Company Sale Rumors
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Kakao Entertainment (Kakao Ent) has once again denied rumors surrounding a potential sale of the company.Acc ...

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MBK Partners Denies Reports That Chairman Kim Byung-Joo Refused to Contribute Personal Funds for Homeplus Rescue
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] MBK Partners has refuted media reports suggesting that Chairman Kim Byung-Joo declined to contribute persona ...

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Korea Ratings Revises LG Chem’s Bond Rating Outlook to ‘Negative’, Cites Weak Market and High Capex
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Korea Ratings Corporation (Korea Ratings) announced on June 20 that it has revised the outlook on LG Chem Lt ...

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Mirae Asset Securities Reclaims Top Spot in National Pension Service Brokerage Rankings; LS Securities Joins First Tier for the First Time
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Mirae Asset Securities has regained its first-tier status for domestic stock transactions with South Korea’s ...

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Kakao Pay Prepares to Enter KRW Stablecoin Market Amid Regulatory Shift
Reporter Paul Lee 2025.06.23
[Alpha Biz= Paul Lee] Kakao Pay has officially taken steps toward launching a Korean won (KRW)-backed stablecoin, filing for 18 re ...

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Asiana Airlines Flight Returns to Incheon Due to Engine Abnormality, No Injuries Reported
Reporter Kim Jisun 2025.06.23
[Alpha Biz= Kim Jisun] On June 22, Asiana Airlines flight OZ108, en route from Incheon International Airport to Narita Airport in ...

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South Korean Industry Ministry Holds Emergency Meeting Amid Rising Middle East Tensions Following U.S. Strike on Iranian Nuclear Facility
Reporter Kim Jisun 2025.06.23
[Alpha Biz= Kim Jisun] Amid escalating instability in the Middle East following a reported U.S. strike on Iran’s nuclear facilitie ...