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Jin Air Refutes Pilot Shortage Allegations Raised in Anonymous Online Post
Reporter Paul Lee 2025.06.13
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 12, 2025 — South Korean low-cost carrier Jin Air has denied recent allegations of ...

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Lotte Corporation Sells KRW 126 Billion Stake in Lotte Global Logistics Following FI Put Option Exercise
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Lotte Corporation (KRX: 004990) has sold shares worth KRW 126 billion ...

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Samsung Electronics’ DS Division to Restrict ChatGPT Usage, Citing Security Concerns
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Samsung Electronics' Device Solutions (DS) Division, which oversees th ...

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Korean Fair Trade Commission Requests Revisions to Korean Air–Asiana Mileage Integration Plan
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s Fair Trade Commission (KFTC) has asked Korean Air to rev ...

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Court Invalidates KOLON Industries' Patent for Hybrid Tire Cord Following HS Hysung's Legal Challenge
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s Patent Court has ruled to invalidate a key patent held b ...

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Hyundai Motor Union Demands KRW 20 Million per Worker in Base Wage Compensation Ahead of 2025 Labor Talks
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — The labor union of Hyundai Motor Company has put forward a demand for ...

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Hyundai Steel to Supply Automotive Steel to GM Korea, Expanding Beyond Hyundai Motor Group
Reporter Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Hyundai Steel Co. is set to begin supplying automotive steel sheets to ...

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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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