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Kyobo Life Acquires SBI Savings Bank, Marking Its Full Entry into the Savings Bank Sector
Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Kyobo Life is making a full-fledged entry into the savings bank industry by acquiring SBI Savings Bank, in a ...

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Concerns Over Financial Stability Grow for Domestic Petrochemical Companies Amid Supply Glut and US Tariff Fears
Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Amid an ongoing supply glut driven by China's low-cost production and increasing fears of US tariffs, financ ...

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Naver to Monitor Abnormal Surge in User Reactions on Article Comments Ahead of Presidential Election
Paul Lee 2025.04.29
[Alpha Biz= Paul Lee] Naver will begin monitoring abnormal surges in user reactions in article comments ahead of the upcoming pres ...

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Financial Supervisory Service Investigates Possible Data Breach at Major Insurance Agencies
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
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
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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Summary of Credit Rating Downgrades for Taekwang Financial Group Affiliates:
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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Summary of Financial Supervisory Service (FSS) Advisory Regarding SK Telecom Hacking Incident:
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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IMF Forecasts South Korea’s GDP Ranking to Drop from 13th to 15th by 2030
Paul Lee 2025.04.28
[Alpha Biz= Paul Lee] The International Monetary Fund (IMF) has projected that South Korea's Gross Domestic Product (GDP) will fal ...

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SK Telecom to Sell Entire Stake in Kakao for 413.3 Billion Won through Block Deal
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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China’s JD.com Enters Korean Market, Expands C-Commerce Footprint
Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] JD.com, often dubbed the “Amazon of China,” is making its official foray into the South Korean market, foll ...

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Hyundai Steel Posts Second Consecutive Quarterly Loss Amid Industry Slump
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
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
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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Naver Cloud Releases Lightweight AI Model 'HyperClova X Seed' as Open Source
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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Kyobo Life to Acquire SBI Savings Bank as Part of Financial Holding Company Expansion Strategy
Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Kyobo Life's move to acquire SBI Savings Bank is driven by the need to expand its business areas for its tra ...

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Prosecutors Seek Arrest Warrants for IBK Industrial Bank Employees in 800 Billion KRW Loan Fraud Case
Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Prosecutors have filed arrest warrants for two IBK Industrial Bank employees involved in a suspected 800 bil ...

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Prosecutors Expand Insider Trading Probe to NH Investment & Securities Amid Korea Zinc Dispute
Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] South Korean prosecutors have widened their investigation into alleged insider trading and unfair practices ...

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Trump Calls for Default Declaration on China Over Boeing Aircraft Rejection
Paul Lee 2025.04.25
[Alpha Biz= Paul Lee] Former U.S. President Donald Trump on April 24 (local time) stated that the United States should declare Chi ...

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South Korea's Economy Contracts in Q1 Amid Domestic Weakness, Raising Concerns Over Annual Growth
Paul Lee 2025.04.24
[Alpha Biz= Paul Lee] Seoul, April 24, 2025 — South Korea’s economy shrank in the first quarter of 2025, highlighting persistent d ...

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