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Hanwha Denies Takeover Intent Amid Australian Government's Defense Safeguards for Austal
Kim Jisun 08/06/2025 03:38 AM
Photo courtesy of Hanwha[Alpha Biz= Kim Jisun] Hanwha has officially denied any intention to acquire management control of Austal ...

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POSCO E&C CEO Resigns Amid Continued Industrial Accidents, Offers Public Apology
Kim Jisun 08/06/2025 03:34 AM
POSCO E&C CEO Jung Hee-min bows in apology to colleagues at the company’s headquarters in Songdo, Incheon, on July 29, ahead o ...

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Naver Acquires Spain’s Largest C2C Platform Wallapop for €377 Million
Kim Jisun 08/06/2025 03:26 AM
The Naver headquarters building. (Photo = Naver)[Alpha Biz= Kim Jisun] Naver announced on August 5 that it has acquired Spain’s la ...

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SeAH Besteel and SeAH Changwon Special Steel File Anti-Dumping Petition Against Chinese Specialty Steel Bar Imports
Kim Jisun 08/05/2025 03:56 AM
[Alpha Biz= Kim Jisun] SEOUL, July 4 — South Korean steelmakers SeAH Besteel and SeAH Changwon Special Steel announced that they h ...

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Asiana Airlines Completes Divestiture of Cargo Business to Air Incheon for KRW 470 Billion
Kim Jisun 08/05/2025 03:50 AM
Asiana Airlines headquarters. (Photo: Asiana Airlines)[Alpha Biz= Kim Jisun] SEOUL, July 4 — Asiana Airlines announced it has comp ...

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Second Trial for Former Discovery Asset Management CEO Over KRW 100 Billion Fund Fraud to Begin July 20
Kim Jisun 08/05/2025 03:47 AM
Jang Ha-won, CEO of Discovery Asset Management (Photo: Yonhap News) [Alpha Biz= Kim Jisun] SEOUL, July 4 — The Seoul High Court ha ...

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Foreign Investor Sells 90 Million Shares in Vietnam’s Vingroup via Block Deal; SK Group Seen as Key Seller
Kim Jisun 08/05/2025 03:46 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] HANOI/SEOUL, July 4 — A foreign investor offloaded 90 million shares of Vietna ...

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Doosan to Supply Copper-Clad Laminates to Amazon for AI Accelerator Chips
Kim Jisun 08/05/2025 03:43 AM
Photo courtesy of Yonhap News [Alpha Biz= Kim Jisun] SEOUL, July 4 — South Korea’s Doosan Group has secured a deal to supply coppe ...

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Dongwon Industries Completes Share Swap to Fully Acquire Dongwon F&B; Accelerates Global Food Strategy
Kim Jisun 08/05/2025 03:38 AM
Dongwon Industries. (Photo: Yonhap News)[Alpha Biz= Paul Lee] SEOUL, July 4 — Dongwon Industries, the holding company of the Dongw ...

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Worker Critically Injured at POSCO E&C Highway Construction Site Amid Ongoing Safety Concerns
Kim Jisun 08/05/2025 03:35 AM
Photo: POSCO E&C[Alpha Biz= Kim Jisun] SEOUL, July 4 — A worker was left in critical condition following a suspected electrocu ...

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HS Hyosung Vice Chairman Cho Hyun-sang Named Suspect in Probe Over Controversial Investment Linked to First Lady's Associate
Kim Jisun 08/05/2025 03:23 AM
[Alpha Biz= Kim Jisun] SEOUL, July 4 — Special prosecutor Min Joong-ki has named Cho Hyun-sang, Vice Chairman of HS Hyosung, as a ...

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Asiana Airlines Fined ₩12.1 Billion, Referred to Prosecutors for Violating Merger Conditions with Korean Air
Kim Jisun 08/04/2025 03:54 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] South Korea’s Fair Trade Commission (FTC) has imposed a ₩12.1 billion (approx. ...

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Korean Crypto Exchanges Scale Back Lending Services Following Regulator Concerns
Kim Jisun 08/04/2025 03:52 AM
Photo: Upbit[Alpha Biz= Kim Jisun] South Korea’s top financial regulators have expressed concerns over investor protection in cryp ...

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South Korean Court Orders Nippon Steel to Pay Damages to Family of Forced Labor Victim
Kim Jisun 08/04/2025 03:49 AM
Photo courtesy of Yonhap News [Alpha Biz= Paul Lee] A South Korean court has ordered Nippon Steel to pay ₩100 million (approx. USD ...

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HMM’s Acquisition of SK Shipping Falls Through Amid Valuation Gap
Kim Jisun 08/04/2025 03:46 AM
HMM container vessel. (HMM)[Alpha Biz= Kim Jisun] HMM’s planned acquisition of SK Shipping has collapsed, as the two sides failed ...

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Samsung Electronics Grants ₩51.3 Billion in Stock Awards to Executives as Long-Term Incentives — TM Roh Tops List
Kim Jisun 08/04/2025 03:01 AM
Samsung Electronics President TM Roh, head of the MX Division, speaks at a press conference at the company’s Seocho office in Seou ...

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Talks Collapse Between OK Financial and SangSangin Savings Bank, Stalling Industry Restructuring
Kim Jisun 08/01/2025 03:56 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] SEOUL – Negotiations for OK Financial Group to acquire SangSangin Savings Bank ...

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HMM Revives Multi-Trillion Won Bid to Acquire 37 SK Shipping Vessels Ahead of Busan Relocation
Kim Jisun 08/01/2025 03:51 AM
Photo: HMM[Alpha Biz= Kim Jisun] SEOUL – HMM has restarted negotiations to acquire 37 vessels from SK Shipping, signaling a renewe ...

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Taekwang Industrial to Exit China Spandex Business After 20 Years Amid Losses and Oversupply
Kim Jisun 08/01/2025 03:36 AM
Photo courtesy of Yonhap News [Alpha Biz= Kim Jisun] SEOUL – Taekwang Industrial announced on July 31 that it will withdraw from i ...

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South Korea to Launch Task Force to Ease ‘Abuse of Breach of Trust’ Law for Corporate Executives
Kim Jisun 08/01/2025 03:31 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] SEOUL – The South Korean government will form a task force (TF) to overhaul th ...