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Prosecutors Indict Eight Companies and 11 Executives for Collusion in Korea Electric Power Bids
Reporter Kim Jisun 2026.01.21
[Alpha Biz= Kim Jisun] Seoul Central District Prosecutors’ Office has referred eight companies and 11 current and former executive ...

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Hyundai Motor and Kia Unions Launch Joint Labor Action to Push Retirement Age Extension and 4.5-Day Workweek
Reporter Kim Jisun 2026.01.21
[Alpha Biz= Kim Jisun] Labor unions at Hyundai Motor Co. and Kia Corp. have agreed to launch a joint labor campaign for the first ...

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South Korean Regulators Set to Sanction Bithumb Over Overseas Exchange Order Book Sharing
Reporter Kim Jisun 2026.01.21
[Alpha Biz= Kim Jisun] South Korea’s financial authorities are reportedly moving toward imposing sanctions on cryptocurrency excha ...

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Libya Great Man-Made River Dispute Reignites at ICC Arbitration After Two Decades
Reporter Kim Jisun 2026.01.21
[Alpha Biz= Kim Jisun] A dispute over Libya’s Great Man-Made River (GMMR) project, which had been considered resolved by agreement ...

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Hyundai Steel to Shut Half of Rebar Facilities at Incheon Plant, Cutting Production by 25%
Reporter Kim Jisun 2026.01.21
[Alpha Biz= Kim Jisun] Hyundai Steel has announced the closure of half of its rebar facilities at its Incheon plant, reducing the ...

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Korea Gas Corp. CEO Appointment Process Reset as Government Calls for Reapplication
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] The process to appoint a new CEO of Korea Gas Corporation (KOGAS), which had been underway since late last ...

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SK Telecom Files Administrative Lawsuit Challenging Record Privacy Fine
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] SK Telecom, which was hit with a record-breaking fine by South Korea’s Personal Information Protection Comm ...

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Aekyung Industrial Failed to Submit Recall Plan on Time Despite Detecting Banned Substance in 2080 Toothpaste
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] It has been confirmed that Aekyung Industrial failed to submit a legally required recall plan to South Kore ...

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Police Launch Investigation After Online Post Threatening Suicide Attack at Gimpo Airport
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] Police have launched an investigation after a post threatening a suicide attack at Gimpo International Airp ...

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Financial Authorities Levy 3.97 Billion Won in Penalties for Illegal Short Selling
Reporter Paul Lee 2026.01.20
[Alpha Biz= Paul Lee] South Korea’s financial regulators have imposed fines totaling ₩3.97 billion on six domestic and foreign fin ...

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POSCO E&C Site Manager Prosecuted Over Fatal Construction Accident
Reporter Paul Lee 2026.01.20
[Alpha Biz= Paul Lee] The site manager of POSCO E&C has been formally charged following a fatal construction accident on the H ...

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LG Uplus to Issue Bonds Amid Long-Term Investment and Debt Refinancing Needs
Reporter Paul Lee 2026.01.20
LG Uplus is preparing to issue corporate bonds for the first time this year, targeting a total of KRW 250 billion across 3-, 5-, a ...

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Jin Air Posts Annual Loss for First Time in 3 Years Amid High Costs and Competition
Reporter Paul Lee 2026.01.20
[Alpha Biz= Paul Lee] Jin Air reported an annual operating loss of 16.3 billion KRW for 2025, marking its first yearly deficit in ...

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Hyundai Steel Reviewing Labor Ministry’s Order for Direct Employment of Subcontract Workers
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] Hyundai Steel announced on the 19th that it is assessing the situation following the Ministry of Employment ...

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South Korea to Seek Talks Based on U.S. Fact Sheet Over New Semiconductor Proclamation
Reporter Kim Jisun 2026.01.20
[Alpha Biz= Kim Jisun] The South Korean presidential office said it will pursue consultations with the United States based on the ...

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Coupang Halts Sales of Japanese Jelly Containing Cannabis Extract on Marketplace
Reporter Paul Lee 2026.01.19
[Alpha Biz= Paul Lee] Coupang has suspended sales of a Japanese jelly product containing cannabis extract after it appeared on its ...

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Hong Ra-hee to Sell Samsung Electronics Shares Worth 2.2 Trillion KRW for Inheritance Tax Payment
Reporter Paul Lee 2026.01.19
[Alpha Biz= Paul Lee] Hong Ra-hee, Honorary Director of the Leeum Museum of Art, plans to sell 15 million Samsung Electronics shar ...

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Supreme Court Ruling Opens Door for Franchisees to Reclaim Undisclosed Margin Fees
Reporter Kim Jisun 2026.01.19
[Alpha Biz= Kim Jisun] A recent ruling by the Supreme Court of Korea has determined that margin fees not explicitly stated in fran ...

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Naver’s Webtoon Entertainment Denies Allegations of Misrepresentation in U.S. IPO
Reporter Paul Lee 2026.01.19
[Alpha Biz= Paul Lee] Webtoon Entertainment, the Naver subsidiary overseeing its webtoon business, has officially denied claims th ...

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French Luxury Brand Hermès Faces Controversy Over Alleged Customer Surveillance
Reporter Paul Lee 2026.01.19
[Alpha Biz= Paul Lee] French luxury fashion house Hermès is under scrutiny after allegations emerged that it assesses potential cu ...

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