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Taihan Secures KRW 180.4 Billion Power Grid Project in Qatar
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] Seoul, South Korea – August 25, 2025 – Taihan Cable & Solution Co., Ltd. announced today that it has be ...

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Number of Companies Under Large Business Groups Declines by 12, While IT and Content Firms Expand Affiliates
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — The number of companies affiliated with Korea’s large business groups decreased by ...

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FSS Warns Securities Firms of Possible License Revocation Amid Rising IT System Failures
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — The Financial Supervisory Service (FSS) has issued a stern warning to securities fi ...

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GS Engineering & Construction Sells Water Treatment Subsidiary GS Inima to UAE’s TAQA for $1.2 Billion
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — GS Engineering & Construction (GS E&C) announced today that it has signed a share ...

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Homeplus’ Pre-M&A Sale Process Faces Challenges in Securing Buyers
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Homeplus is seeking a new owner through a pre-court approval M&A process as part of its corporate rehabi ...

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KFTC Reports Most Frequent Contacts With Kim & Chang Among Law Firms, Hanjin Group Among Corporates in H1 2025
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — The Korea Fair Trade Commission (KFTC) had the most frequent external contacts in the firs ...

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Korean Carmakers Halt U.S. EV Exports Amid Tariff Pressures; Hyundai Motor Group Turns to Local Production and Europe
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — South Korea’s leading automakers, led by Hyundai Motor Group, have effectively suspended e ...

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Dongkuk Steel Withdraws from Acquisition of Hyundai IFC
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Dongkuk Steel announced on August 22 that it has decided not to proceed with the acquisition of Hyundai IFC, ...

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Earnings Outlook for Korean Listed Firms Deteriorates in Q3; 60% Face Downgraded Estimates
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] SEOUL, Aug. 24 – The earnings outlook for Korean listed companies is weakening as a majority face downward r ...

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Hanwha Ocean to Invest Additional $70 Million in Philadelphia Shipyard to Boost Capacity Tenfold by 2035
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] Hanwha Ocean announced plans to invest at least $70 million (approx. KRW 94.5 billion) in its U.S. subsidia ...

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Woori Bank Reports KRW 2.4 Billion Financial Incident, Following Earlier Overseas Case
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 23, 2025 – Woori Bank announced that it has uncovered a financial incident amounting to approx ...

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FSS Imposes Fines on KB Insurance and AIG Korea for Excess Premium Charges
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 23, 2025 – The Financial Supervisory Service (FSS) has imposed fines on KB Insurance and AIG K ...

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Lotte Halts $2.7 Billion Eco Smart City Project in Ho Chi Minh City
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] Seoul, August 21, 2025 – Lotte Group has officially notified the Ho Chi Minh City People’s Committee that i ...

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KB Asset Management to Exit China with Planned Liquidation of Shanghai Subsidiary
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 24, 2025 – KB Asset Management announced plans to wind down its Shanghai-based subsidiary with ...

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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 ...