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Court Dismisses Arrest Warrants for IBK Bank Employees Suspected in ₩80 Billion Fraud Case
Reporter Kim Jisun 2025.04.29
[Alpha Biz= Kim Jisun] Arrest warrants for current and former employees of Industrial Bank of Korea (IBK), who are under suspicion ...

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Financial Supervisory Service Investigates Possible Data Breach at Major Insurance Agencies
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) announced on April 27 that signs of a hacking incident have been det ...

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Samsung SDI Reports Second Consecutive Quarterly Loss Amid Weak EV Demand and Seasonal Slowdown
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] Samsung SDI has posted a second consecutive quarterly loss. In the first quarter of this year, the company r ...

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Hotel Shilla Reports Operating Loss of 2.5 Billion Won in Q1 2025
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] Hotel Shilla, a listed company on the KOSPI, reported an operating loss of 2.5 billion won for the first qua ...

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SK On Secures New EV Startup Customer in the U.S., Expanding Market Presence
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] SK On announced on April 25 that it has been selected as the exclusive battery supplier for Slate, a U.S.-b ...

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Hyosung Chemical to Sell 49% Stake in Vietnamese Subsidiary via Price Return Swap (PRS)
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] On April 25, Hyosung announced that its chemical arm, Hyosung Chemical, will sell a 49% stake in its Vietna ...

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Samsung to Invest Additional ₹10 Billion in Tamil Nadu Home Appliance Plant
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Samsung Electronics is strengthening its presence in the Indian market with an additional investment of ₹10 ...

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Summary of Credit Rating Downgrades for Taekwang Financial Group Affiliates:
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] On April 25, NICE Investors Service announced credit rating downgrades for three savings banks under the Tae ...

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HMM Denies Reports of Halting SK Shipping Acquisition
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] HMM, South Korea’s largest shipping company formerly known as Hyundai Merchant Marine, announced on April 2 ...

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Summary of Financial Supervisory Service (FSS) Advisory Regarding SK Telecom Hacking Incident:
Reporter Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) has issued an advisory to financial institutions regarding the recen ...

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LS Cable & System Plans to Increase Stake in Gaon Cable to 90% Through On-Market Purchases
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] LS Cable & System (LS C&S) plans to increase its ownership stake in its subsidiary, Gaon Cable, to ...

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Ki-Won Choi, Chairperson of the Happy Nanum Foundation, Purchases Additional Shares in SK
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Ki-Won Choi, Chairperson of the Happy Nanum Foundation and younger sister of SK Group Chairman Chey Tae-won ...

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U.S. Protectionist Policies and Trade Wars Hit the Aviation Industry
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] The aviation industry is feeling the effects of U.S. President Donald Trump's protectionist and anti-immigr ...

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Hanwha Group to Acquire Full Ownership of REC Silicon to Strengthen Electronic Materials Business
Reporter Kim Jisun 2025.04.28
[Alpha Biz= Kim Jisun] Hanwha Group announced on April 25 that it will pursue the acquisition of Norway-based REC Silicon through ...

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SK Telecom to Sell Entire Stake in Kakao for 413.3 Billion Won through Block Deal
Reporter Paul Lee 2025.04.27
[Alpha Biz= Paul Lee] SK Telecom (SKT) announced on April 25 that it will sell its entire stake in Kakao, amounting to 413.3 billi ...

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Hyundai Steel Posts Second Consecutive Quarterly Loss Amid Industry Slump
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Hyundai Steel reported an operating loss of 19 billion KRW in the first quarter of 2024, marking a return to ...

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SK Telecom Reported Hacking Incident Beyond Legal Time Limit, Citing Thorough Analysis Needs
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Seoul, April 24, 2025 — SK Telecom failed to report a recent hacking attack within the legally required 24- ...

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Four Major Convenience Store Chains Avoid Sanctions with Voluntary Corrections Over Supplier Penalties
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Four major South Korean convenience store chains—GS25, CU, 7-Eleven, and Emart24—have avoided regulatory pen ...

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LG Energy Solution Continues Talks on Indonesian Battery Plant Despite EV Project Setback Press Release
Reporter Kim Jisun 2025.04.25
[Alpha Biz= Kim Jisun] Date: April 24, 2025 - Following the cancellation of LG Energy Solution’s 11 trillion KRW electric vehicle ...

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Naver Cloud Releases Lightweight AI Model 'HyperClova X Seed' as Open Source
Reporter Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] On April 23, Naver Cloud announced that it will release three versions of its self-developed lightweight AI ...

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