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Deputy Prime Minister Koo Yun-cheol to Visit Washington, D.C. for Final Trade Talks with U.S. Treasury Secretary Scott Bessent
Kim Jisun 2025.07.29
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 28, 2025 — South Korea’s Deputy Prime Minister and Minister of Economy and Financ ...

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Hankook Tire & Technology to Supply “iON evo SUV” Tires for Xiaomi’s First Electric Crossover SUV ‘YU7’
Kim Jisun 2025.07.29
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 28, 2025 — Hankook Tire & Technology Co., Ltd. announced it will supply its p ...

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LIG Nex1 Wins Key Roles in South Korea’s Cheongung-III Air Defense Program as Hanwha Fails to Secure ECS Contract
Kim Jisun 2025.07.29
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 29, 2025 — LIG Nex1 has been awarded major components of South Korea’s next-gener ...

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South Korea Selects Naver Cloud, NHN Cloud & Kakao for NVIDIA GPU Procurement Project
Kim Jisun 2025.07.29
[Alpha Biz= Kim Jisun] Sejong, South Korea — July 29, 2025 — The Ministry of Science and ICT (MSIT) has announced the selection of ...

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Investigation Reveals Pilot Shut Down Wrong Engine After Bird Strike in Dec. 29 Jeju Air Incident
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] The Korean Aviation and Railway Accident Investigation Board (ARAIB) announced that the Dec. 29 Jeju Air Fl ...

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OpenAI’s $500 Billion ‘Stargate Project’ Scales Back Amid Clashes with Microsoft and SoftBank
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] OpenAI, the company that spearheaded the AI revolution with ChatGPT, is facing what some describe as a “dan ...

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KRAFTON Acquires 100% Stake in ‘Last Epoch’ Developer Eleventh Hour Games for $95.97 Million
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] KRAFTON Inc. announced it will acquire a 100% stake in Eleventh Hour Games, the North American studio behin ...

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Executives of Furniture Suppliers Indicted for Collusive Bidding on KRW 120 Billion Apartment Projects; Hanssem Granted Leniency
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] Prosecutors have indicted multiple furniture companies and their executives for engaging in collusive “sham ...

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Hyundai Steel Loses Lawsuit Over Refusal to Bargain with Subcontractor Union; Hanwha Ocean Wins Partial Claim
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] Hyundai Steel has lost a legal challenge seeking to overturn a labor commission ruling that classified its ...

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SPC Group to Limit Night Shifts to Eight Hours, Reduce Extended Working Hours
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] SPC Group announced that it has convened its CEO council, the “SPC Committee,” and decided to limit night s ...

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LG Electronics to Utilize Mexicali Plant for Appliance Production to Counter U.S. Tariffs; Announces First Share Buyback and Cancellation
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] LG Electronics announced it will begin producing washing machines in Mexicali, western Mexico, marking its ...

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Over 1.5 Million People Sign Nationwide Petition Backing National Health Insurance Service’s Landmark Lawsuit Against Tobacco Companies
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] The National Health Insurance Service (NHIS) announced on July 27 that more than 1.5 million people have si ...

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Shilla and Shinsegae Duty Free Request Rent Cuts at Incheon Airport; Court Orders Accounting Review
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] Shilla Duty Free and Shinsegae Duty Free have requested a 40% reduction in rent for their duty-free operati ...

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Nvidia AI Chips Worth Over $1 Billion Illegally Imported into China in Past Three Months: FT
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] According to a report by the Financial Times on the 24th (local time), advanced Nvidia AI chips restricted ...

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LG Electronics Announces First-Ever Share Cancellation to Enhance Corporate Value
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] Seoul, July 24, 2025 – LG Electronics announced that it will cancel a portion of its treasury shares for th ...

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Orion Recalls KRW 1.5 Billion Worth of 'ChamBungeoPpang' Due to Mold Reports
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] Seoul, July 24, 2025 – Orion announced today that it will voluntarily recall all ChamBungeoPpang products c ...

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LG Energy Solution Wins Patent Lawsuit Against China’s Sunwoda in Germany
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] LG Energy Solution has secured a victory in a patent infringement lawsuit against Chinese battery maker Sun ...

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NH Investment & Securities Under Investigation for Insider Trading Allegations
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] South Korean financial regulators have launched a raid on the headquarters of NH Investment & Securitie ...

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Postponement of Korea-U.S. 2+2 Trade Talks Raises Concerns Over Tariff Agreement Before August 1 Deadline
Kim Jisun 2025.07.25
[Alpha Biz= Kim Jisun] Seoul, July 24, 2025 – The Korea-U.S. “2+2 Trade Dialogue,” originally scheduled to be held on July 25 (loc ...

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Hyundai Kefico Fined for Illegally Sharing Subcontractor’s Technical Data
Kim Jisun 2025.07.24
[Alpha Biz= Paul Lee] Hyundai Kefico, an affiliate of Hyundai Motor Group, has been fined by the Korea Fair Trade Commission (KFTC ...