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Korea’s Antitrust Regulator Fines Wavve and Bugs for Misleading Subscription Cancellations; Netflix and Others Avoid Penalty
Reporter Paul Lee 2025.10.21
[Alpha Biz= Paul Lee] SEOUL, Oct. 21 — South Korea’s Fair Trade Commission (FTC) has completed its investigation into allegations ...

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Meritz Financial Faces Parliamentary Scrutiny Over Homeplus Loans and Insider Trading Allegations
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Paul Lee] SEOUL, Oct. 21 — South Korea’s National Assembly is set to turn its attention from private equity firm MBK P ...

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Korean Regulator Vows Action on KRW 91.2 Billion Held by Cambodia’s Sanctioned Prince Group; Sets Stance on Won-Based Stablecoins
Reporter Paul Lee 2025.10.21
[Alpha Biz= Paul Lee] SEOUL, Oct. 20 — South Korea’s top financial regulator, Lee Eok-won, Chairman of the Financial Services Comm ...

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K-Bank Denies Reports of Investment in Crypto Exchange GOPAX, Reaffirms Partnership with Upbit
Reporter Paul Lee 2025.10.21
[Alpha Biz= Paul Lee] SEOUL, Oct. 20 — South Korea’s internet-only bank K-Bank on Sunday dismissed reports that it is joining as a ...

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Korea’s Financial Regulator to Review Stock Surge Ahead of Naver–Dunamu Merger Announcement
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] SEOUL, Oct. 20 — South Korea’s top financial regulator said it will review the circumstances surrounding a ...

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Taekwang Group Acquires Aekyung Industrial in ₩470 Billion Deal
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] SEOUL, Oct. 20 — South Korea’s Taekwang Group has acquired Aekyung Industrial Co., a leading household good ...

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LG Uplus Faces Allegations of Wiping Server Amid Hacking Probe
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] SEOUL, Oct. 20 — South Korean telecom operator LG Uplus Corp. is facing allegations that it reinstalled the ...

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Kum Yang Co., Ltd. Faces ₩5.8 Billion Wage Arrears Amid Funding Delays and CEO Probe
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] South Korean battery manufacturer Kum Yang Co., Ltd. is facing deepening financial distress, with ₩5.8 bill ...

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AWS Server Outage Causes Global Disruptions Across AI, Crypto, and Gaming Services
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] A major Amazon Web Services (AWS) outage on October 20 disrupted multiple online platforms worldwide, inclu ...

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Labor Ministry Probes SK Energy Ulsan Plant Explosion for Safety Law Violations
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] South Korea’s Labor Ministry has launched an investigation into possible violations of the Serious Accident ...

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Coupang Delivery App Outage Causes Delays Across Nationwide Network
Reporter Kim Jisun 2025.10.21
[Alpha Biz= Kim Jisun] SEOUL, Oct. 20 — A major system outage hit Coupang’s “Coupang Flex” delivery application on Sunday afternoo ...

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Korea Investment & Securities Lowers Hyundai E&C Target Price by 19% Amid Q3 Earnings Shock
Reporter Paul Lee 2025.10.20
[Alpha Biz= Paul Lee] SEOUL, Oct. 20 — Korea Investment & Securities said Monday that Hyundai Engineering & Construction ( ...

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Korea to Simplify Mobile Rate Plans: SK Telecom, KT, and LG Uplus to Introduce Unified Pricing System
Reporter Kim Jisun 2025.10.20
[Alpha Biz= Kim Jisun] SEOUL, Oct. 19 — South Korea’s three major mobile carriers — SK Telecom, KT, and LG Uplus — will streamline ...

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Coupang Tops List of Companies Fined Most by Korea Fair Trade Commission Over the Past 3.5 Years
Reporter Kim Jisun 2025.10.20
[Alpha Biz= Kim Jisun] SEOUL, Oct. 19 — Coupang has been fined the most by the Korea Fair Trade Commission (KFTC) for unfair busin ...

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₩50 Billion in Investor Losses as Bithumb Faces Backlash Over Forced Liquidations Triggered by USDT Price Spike
Reporter Kim Jisun 2025.10.20
[Alpha Biz= Kim Jisun] SEOUL, Oct. 19 — A sudden early-morning surge in the price of Tether (USDT) on Bithumb to ₩5,755 on October ...

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Starbucks Korea’s Prepaid Balance Reaches ₩2.6 Trillion; Lawmakers Raise Oversight Concerns
Reporter Paul Lee 2025.10.20
[Alpha Biz= Paul Lee] SEOUL, Oct. 19 — Starbucks Korea, a subsidiary of retail giant Shinsegae Group, has accumulated nearly ₩2.6 ...

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Korea Zinc to Build Gallium Recovery Plant to Strengthen Strategic Mineral Supply Chain Amid China’s Export Curbs
Reporter Kim Jisun 2025.10.20
[Alpha Biz= Kim Jisun] ULSAN / SEOUL, Oct. 19 — Korea Zinc has announced plans to construct a gallium recovery facility at its Ons ...

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Hanwha Ocean Apologizes After Fatal Accident at Geoje Shipyard
Reporter Paul Lee 2025.10.20
[Alpha Biz= Paul Lee] SEOUL, Oct. 17 — Hanwha Ocean issued an official apology on Thursday following a fatal accident at its Geoje ...

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KakaoTalk Restores Short-Form Tab After Temporary Service Outage
Reporter Paul Lee 2025.10.20
[Alpha Biz= Paul Lee] SEOUL, Oct. 17 — KakaoTalk experienced a temporary service disruption on its newly introduced Short-Form tab ...

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One Killed, One Injured in Heavy Object Accident at KG Steel’s Incheon Plant
Reporter Paul Lee 2025.10.20
[Alpha Biz= Paul Lee] INCHEON, Oct. 17 — A fatal industrial accident occurred at KG Steel’s Incheon plant, where one subcontracted ...

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