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Kakao to Build AI Digital Hub in Namyangju’s New Smart City with $440 Million Investment
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korean tech giant Kakao Corp. is set to build a large-scale AI D ...

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Tencent Reportedly Exploring $15 Billion Acquisition of Nexon
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] HONG KONG / SEOUL – June 12, 2025 — Chinese tech giant Tencent Holdings Ltd. is reportedly considering acqu ...

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Celltrion Slips to 11th in KOSPI Market Cap Rankings Amid Profit Concerns
Reporter Paul Lee 2025.06.13
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 12, 2025 — Once ranked as high as third in market capitalization on the KOSPI, Cel ...

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UK Trade Remedies Authority Launches Anti-Dumping Investigation into Korean Steel Imports
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] LONDON – June 6, 2025 — The UK’s Trade Remedies Authority (TRA), an agency under the Department for Busines ...

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Smart&Growth CEO Hyung In-woo Becomes Largest Shareholder of Drug Developer Ensol Biosciences
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — Hyung In-woo, CEO of Smart&Growth, has officially become the larges ...

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KAI Acquires 37% Stake in Drone Specialist Dbrain to Strengthen Small UAV Capabilities
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SACHEON, South Korea – June 11, 2025 — Korea Aerospace Industries (KAI) announced today that it has signed a ...

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Homeplus to Include M&A in Rehabilitation Plan as It Marks 100 Days Under Court Protection
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korea’s second-largest hypermarket chain, Homeplus, announced pl ...

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Korean Air Faces Scrutiny Over Seat Reconfiguration and Paid Premium Services Following Asiana Merger
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Korean Air is facing public criticism and potential regulatory scrutin ...

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Daemyung Sono Group Receives Antitrust Approval for Acquisition of T’way Air
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Daemyung Sono Group announced today that it has received approval from ...

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Hyundai Steel Halts Operations at Pohang Plant No. 2 Amid Market Downturn
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Hyundai Steel (KRX: 004020) has suspended operations indefinitely at i ...

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Record 41% of Korean Firms Unable to Cover Interest Costs with Operating Profits: Bank of Korea
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — A record-high proportion of South Korean companies were unable to cove ...

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South Korean Authorities Launch Investigation into YES24 Ransomware Attack
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korean police have launched a formal investigation into the rans ...

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Samsung SDI Signs Battery Supply Agreement with German ESS Leader Tesvolt
Reporter Kim Jisun 2025.06.12
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Samsung SDI announced today that it has signed a supply agreement with ...

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Former and Current IBK Employees Face Second Pretrial Hearings Over KRW 88 Billion Loan Fraud Allegations
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — Two former and current employees of IBK Industrial Bank of Korea appear ...

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Former Woori Bank CEO Cleared of Charges in Illegal Loan Disclosure Case
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — Former Woori Bank CEO Cho Byung-kyu has been cleared of allegations tha ...

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Court Upholds Samsung Biologics in Appeal, Dismisses Regulator’s Executive Dismissal Orders Over Accounting Dispute
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — A South Korean appellate court has upheld a lower court ruling in favor ...

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Samsung Fire & Marine Expands Stake in Lloyd’s Insurer Canopius to 40%, Solidifies Position as Second-Largest Shareholder
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — Samsung Fire & Marine Insurance announced today that it has signed ...

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Labor Dispute Intensifies at GM Korea Amid Cost-Cutting Measures and Union Leader Dismissal
Reporter Paul Lee 2025.06.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — Tensions between GM Korea and its labor union are escalating ahead of a ...

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iM Securities Raises HYBE Target Price to KRW 360,000 on Anticipated Full BTS Reunion
Reporter Paul Lee 2025.06.11
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 11, 2025 — iM Securities announced on Tuesday that it has raised its target price ...

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Samsung Biologics Signs $75.4 Million CMO Contract with European Pharmaceutical Company
Reporter Paul Lee 2025.06.11
[Alpha Biz= Paul Lee] Samsung Biologics announced on June 10 that it has signed a contract manufacturing organization (CMO) agreem ...