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Korea’s National Tax Service Temporarily Suspends Lotte Card Payments Following Data Breach
Paul Lee 2025.09.23
[Alpha Biz= Paul Lee] Seoul, September 22, 2025 – The National Tax Service (NTS) has temporarily suspended the use of Lotte Card f ...

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Shilla Duty Free to Withdraw from Incheon Airport’s DF1 Concession Amid Losses
Paul Lee 2025.09.23
[Alpha Biz= Paul Lee] Seoul, September 22, 2025 – Hotel Shilla announced that its duty-free subsidiary, Shilla Duty Free, will ret ...

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DL Chemical Considers Sale of Singapore Subsidiary Cariflex as Part of Restructuring
Paul Lee 2025.09.23
[Alpha Biz= Paul Lee] Seoul, September 22, 2025 – DL Chemical is reviewing the potential sale of its Singapore-based petrochemical ...

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Korea Fair Trade Commission Imposes First Penalties Under Subcontract Price Adjustment System
Paul Lee 2025.09.23
[Alpha Biz= Paul Lee] Seoul, September 22, 2025 – The Korea Fair Trade Commission (KFTC) has imposed the first-ever penalties for ...

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Shinhan Investment & Securities Maintains “Buy” Rating on Alteogen with KRW 730,000 Target Price Following FDA Approval of Keytruda SC
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Seoul, September 22, 2025 – Shinhan Investment & Securities reaffirmed its Buy recommendation and a targ ...

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Kyochon Chicken Faces Backlash Over “Shrinkflation” Tactics and Declining Consumer Trust
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Seoul, September 2025 – Kyochon Chicken, one of Korea’s leading fried chicken franchises, is under fire from ...

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HDC Shilla Duty Free Manager Referred to Prosecution on Smuggling Charges
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Seoul, September 2025 – A team manager at HDC Shilla Duty Free has been referred to prosecutors on charges o ...

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Jeju Construction Industry Faces Wave of Closures Amid Rising Costs and Declining Orders
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Jeju, September 2025 – A growing number of construction firms in Jeju are shutting down operations as unsold ...

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Korean National Police Launch Investigation into Lotte Card Data Breach Affecting Nearly 3 Million Customers
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Seoul, September 19, 2025 – The National Office of Investigation under the Korean National Police Agency ann ...

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Dong Sung Pharmaceutical’s Largest Shareholder Postpones Emergency Board Meeting Amid Governance Dispute
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Seoul, September 19, 2025 – Dong Sung Pharmaceutical’s largest shareholder, Brand Refactoring, abruptly post ...

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Boram Sangjo People Appeals First Trial Ruling in Trust Product Lawsuit Against Shinhan Investment & Securities
Paul Lee 2025.09.22
[Alpha Biz= Paul Lee] Boram Sangjo People has filed an appeal against the first trial ruling in its damages lawsuit against Shinha ...

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Financial Supervisory Service Employees Protest Over Reform Plan
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – More than 1,000 employees of South Korea’s Financial Supervisory Service (FSS) t ...

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Civic Groups File Complaint Against Baemin and Coupang Eats Over Alleged Misleading “One-Person Free Delivery” Promotions
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – Civic organizations have filed a complaint with the Fair Trade Commission (FTC), ...

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NextTrade to Suspend Trading of 66 Additional Stocks from September 22
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – Alternative trading platform NextTrade (NXT) announced today that it will suspen ...

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Korea Financial Group Begins Due Diligence on Lotte Insurance
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – Korea Financial Group has begun a due diligence review of Lotte Insurance as par ...

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U.S. Weekly Jobless Claims Post Sharpest Drop in Four Years
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] WASHINGTON, September 18, 2025 – New applications for U.S. unemployment benefits fell much more than expecte ...

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Questions Raised Over FSI’s Security Certification After Lotte Card Hacking Incident
Paul Lee 2025.09.19
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – South Korea’s Financial Security Institute (FSI), a non-profit corporation super ...

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Korean Broadcasters Launch Copyright Lawsuit Against Naver Over AI Training Data
Paul Lee 2025.09.18
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – South Korea’s three major terrestrial broadcasters, KBS, MBC, and SBS, have file ...

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Paris Croissant Issues Voluntary Recall of “Dried Persimmon Pound Cake” Due to Allergen Labeling Omissio
Paul Lee 2025.09.18
[Alpha Biz= Paul Lee] Seoul, South Korea – September 18, 2025 – Paris Croissant Co., Ltd. announced today that it has halted sales ...

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Hyundai Motor Group Restores Vehicle Control Apps After 10-Hour Outage
Paul Lee 2025.09.18
[Alpha Biz= Paul Lee] SEOUL, Sept. 17 — Hyundai Motor Group announced on Tuesday that it had resolved a major service disruption a ...