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SK Telecom Referred to Prosecutors Over Alleged Fictitious Transactions Within SK Group
Reporter Paul Lee 2025.06.18
[Alpha Biz= Paul Lee] South Korea’s National Tax Service (NTS) has filed a complaint with prosecutors against SK Telecom (KRX: 017 ...

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LG Display Approves ₩1.26 Trillion Investment in OLED Technology Infrastructure
Reporter Kim Jisun 2025.06.18
[Alpha Biz= Kim Jisun] LG Display announced on June 17 that its board has approved a ₩1.26 trillion (approx. USD 910 million) inve ...

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NAVER Denies Data Breach Amid Reports of Smart Store Seller Info on Dark Web
Reporter Kim Jisun 2025.06.18
[Alpha Biz= Kim Jisun] NAVER has denied any hacking incident following reports that personal data of approximately 730,000 sellers ...

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LG Energy Solution to Supply 46-Series Cylindrical Batteries to China's Chery Automobile
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] LG Energy Solution announced on June 16 that it has signed a contract to supply 8GWh worth of 46-series cyli ...

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South Korean Regulators to Appeal Samsung Biologics Accounting Ruling to Supreme Court
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] South Korea’s financial regulators have decided to appeal to the Supreme Court after losing two lower court ...

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McDonald’s Korea Faces Scrutiny After Employee’s Suicide Allegedly Linked to Workplace Harassment
이준현 기자 2025.06.17
[Alpha Biz= Reporter Kim Joonhyun] A tragic incident has drawn public concern in South Korea, as a man in his 40s who worked at a ...

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Iljin Power Faces Investor Backlash After Sudden Trading Halt Following Embezzlement Allegations
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] Shares of Iljin Power, a KOSDAQ-listed energy company, were abruptly suspended from trading on June 13 follo ...

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Krafton and Com2uS Fined for Misleading Item Probability in Games, Ordered to Submit Prevention Measures
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] South Korea’s Fair Trade Commission (KFTC) announced on June 16 that it has imposed corrective orders and fi ...

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MFDS Issues Recall of "Epresso Ice Cup" Sold at Emart24 Due to Bacterial Contamination
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] The Ministry of Food and Drug Safety (MFDS) announced on June 16 that the "Epresso Ice Cup," a food-grade ic ...

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South Korean Financial Regulator Urges Banks to Rein in Household Loans, Suspends 40-Year Mortgages
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] South Korea’s financial regulator has summoned senior bank executives to reinforce voluntary oversight of ho ...

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Tmon Responds to Controversy Over Role Changes and Voluntary Resignations Amid Oasis Acquisition
Reporter Paul Lee 2025.06.17
[Alpha Biz= Paul Lee] Tmon has issued an official statement on June 16 addressing controversy surrounding recent role changes and ...

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LG Display Files Patent Infringement Lawsuit Against China's Tianma in U.S. Court
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] LG Display has filed a patent infringement lawsuit against Chinese display manufacturer Tianma in a U.S. fe ...

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Police Investigate Use of Suspected Industrial Lubricant in SPC Samlip Bakery Line Following Fatal Accident
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] South Korean authorities have launched a formal investigation into the possible use of industrial-grade lub ...

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NHN to Shut Down Webtoon Platforms in Korea, North America, and France; Japan Service to Continue
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] NHN Corp. (KRX: 181710) announced on June 16 that it will discontinue its webtoon platform services in Kore ...

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Police and Labor Ministry Raid Western Power and Subcontractors Over Fatal Taean Plant Accident
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] On June 16, South Korean police and labor authorities conducted a series of raids and initiated criminal pr ...

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South Korean Companies Evacuate Employees and Families from Israel Amid Rising Tensions
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Amid escalating tensions in the Middle East following Israel’s airstrikes on Iran, South Korean companies w ...

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YES24 Co-CEOs Issue Official Apology and Promise Compensation Following Ransomware Attack
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Kim Seok-hwan and Choi Sera, Co-CEOs of YES24, issued an official apology on June 16 regarding the recent r ...

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Hyundai Glovis Increases Investment to KRW 200.6 Billion in Private Equity Fund for Asiana Cargo Business Acquisition
Reporter Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Hyundai Glovis (KRX: 086280) announced on June 16 that it will invest a total of KRW 200.6 billion in the p ...

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Pulmuone Affiliate Foodmerce Clarifies No Ongoing Outbreak Linked to Salmonella Concerns
Reporter Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Foodmerce, a food distribution affiliate of South Korean food company Pulmuone, issued a statement on June ...

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MBK Partners Offers to Forgo KRW 2.5 Trillion in Equity to Sell Homeplus Amid Court-Led Restructuring
Reporter Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] MBK Partners, the private equity owner of South Korean retail chain Homeplus, has decided to relinquish KRW ...