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Samsung Pay Experiences One-Hour Shinhan Card Payment Outage — Fourth Service Disruption This Year
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] SEOUL, Aug. 24 — Samsung Electronics confirmed that its mobile payment platform Samsung Pay experienced a on ...

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Korean Banks Post Record Profits While Workforce Shrinks Amid AI Adoption
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — Despite reporting record profits, South Korea’s four major commercial banks are steadily r ...

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Harman Sells Digital Transformation Solutions (DTS) Business to Wipro to Sharpen Focus on Core Automotive and Audio Segments
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21, 2025 – Harman International, a wholly owned subsidiary of Samsung Electronics specializing ...

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CJ Logistics Withdraws Appeal in Damages Lawsuit Against Courier Union, Nullifying Claims
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, Aug. 21 — CJ Logistics announced it has withdrawn its appeal in a damages lawsuit filed against the ...

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Seven in Ten Consumers Report Fatigue from KakaoTalk Advertising Messages
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, August 21 – A recent survey has found that Kakao’s advertising message service is causing significan ...

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Lotte Chemical Recognizes Nearly KRW 19 Billion Impairment Loss on Joint Venture Lotte Versalis Elastomers
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] Seoul, August 21, 2025 – Lotte Chemical announced that it has recognized an impairment loss of KRW 18.8 bill ...

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Samsung Biologics Secures Preliminary Approval for Spin-Off and Relisting of Samsung Epis Holdings
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21, 2025 – Samsung Biologics announced today that it has received preliminary approval from th ...

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Winix Faces KRW 11.13 Billion Tax Penalty After Corporate Audit
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21 – Winix Co., Ltd. (KOSDAQ: 044340) has been hit with a significant tax adjustment following ...

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Homeplus Warns of KRW 80 Billion Annual Loss Without Rent Adjustments; Moves to Close 15 Stores
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] Seoul, August 21, 2025 — Homeplus, currently under corporate restructuring, announced that failure to secure ...

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Yuanta Securities Remains the Only Retirement Pension Provider Maintaining Lump-Sum Severance Payment System
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] Yuanta Securities has been found to be the only retirement pension provider in Korea still operating a trad ...

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Embezzlement Case Uncovered at Shinhan Bank Vietnam Branch
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, Aug. 21 — Shinhan Bank has disclosed an embezzlement case involving a locally hired employee at its ...

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Pulmuone Issues Subordinated Perpetual Bonds Amid Rising Call Option Burden
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] Pulmuone Foods Co., Ltd. has returned to the capital markets to secure financing for the first time since it ...

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MyungIn Pharm Files Securities Registration Statement, Accelerates KOSPI Listing
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, Aug. 21 — MyungIn Pharm, best known for its brands Igatan and Makin Q, has submitted a securities re ...

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Minority Shareholders of Sebang Battery Consider Legal Action Over Treasury Stock Disposal
Reporter Paul Lee 2025.08.21
[Alpha Biz= Paul Lee] ACT, a shareholder activism platform, announced on August 21 that minority shareholders of battery manufactu ...

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Coupang Warehouse Worker Dies While On Duty in Yongin
Reporter Paul Lee 2025.08.21
[Alpha Biz= Paul Lee] On the evening of August 20, a worker in his 50s passed away while performing sorting duties at Coupang’s lo ...

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South Korea’s Finance Minister Faces Backlash Over KOSPI Valuation Gaffe
이준현 기자 2025.08.21
[Alpha Biz= Lee Joonhyun] South Korea’s Deputy Prime Minister and Finance Minister Koo Yoon-cheol came under fire after an inaccur ...

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KakaoTalk to Transform into Social Media Platform Next Month
Reporter Paul Lee 2025.08.21
[Alpha Biz= Paul Lee] SEOUL, Aug. 20 — Kakao announced Tuesday that its flagship messenger KakaoTalk will unveil a major update in ...

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The Born Korea Shares Hit Record Low Amid String of Controversies and Operating Loss
Reporter Paul Lee 2025.08.21
[Alpha Biz= Paul Lee] SEOUL, Aug. 20 — Shares of The Born Korea, led by celebrity entrepreneur Baek Jong-won, closed at an all-tim ...

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BlueOval SK Begins First Commercial Production at Kentucky Plant
Reporter Kim Jisun 2025.08.21
[Alpha Biz= Kim Jisun] Glendale, Kentucky, USA — BlueOval SK, the U.S. joint venture between SK On and Ford Motor Company, announc ...

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