Business

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Prosecutors Raid Lotte Card Headquarters Over Alleged Involvement in Homeplus Bond Fraud
Kim Jisun 07/15/2025 03:12 AM
Lotte Card Headquarters(Photo courtesy of Lotte Card)[Alpha Biz= Kim Jisun] SEOUL, July 14 – South Korean prosecutors have raided ...

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Former Samsung Researcher Given Suspended Sentence for Leaking Semiconductor Trade Secrets
Kim Jisun 07/15/2025 03:01 AM
Samsung Electronics headquarters. (Photo courtesy of Samsung Electronics)[Alpha Biz= Kim Jisun] A former Samsung Electronics resea ...

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Wemade Wins Copyright Dispute Over Legend of Mir 2 Against Actoz Soft in Appeals Court
Kim Jisun 07/14/2025 03:53 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] Wemade has won the appellate retrial in its long-standing copyright dispute with Actoz ...

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South Korea’s Defense Industry Set to Surpass KRW 4 Trillion in Annual Operating Profit for the First Time
Kim Jisun 07/14/2025 03:26 AM
Export model of the Cheongung-II Multi-Function Radar developed by Hanwha Systems. (Photo: Hanwha Systems)[Alpha Biz= Kim Jisun] S ...

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Hanjin Executives, Including President Cho Hyun-min, Acquire Convertible Bonds Amid Criticism Over Preferential Terms
Kim Jisun 07/14/2025 03:23 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Executives at Hanjin, including President Cho Hyun-min (Emily Cho), are set to acquire c ...

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CJ Olive Young Plans to Launch First Store in Japan Amid Rising K-Beauty Demand
Kim Jisun 07/14/2025 03:21 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] CJ Olive Young is reportedly preparing to open its first offline store in Tokyo, Japan, ...

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POSCO Supplies HIC-Resistant Steel to Saudi Aramco’s Fadhili Gas Plant Expansion Project
Kim Jisun 07/14/2025 03:17 AM
POSCO Holdings (Photo: Yonhap News Agency)[Alpha Biz= Kim Jisun] POSCO announced on July 13 that it will supply Hydrogen Induced C ...

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Nature Cell to Invest Over KRW 400 Billion in U.S. Production Facility for JointStem Amid Rising Tariff Risks
Kim Jisun 07/11/2025 04:43 AM
[Alpha Biz= Kim Jisun] South Korea-based biotech firm Nature Cell, a leader in stem cell therapy, announced plans to invest over K ...

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KT Employees Asked to Change KakaoTalk Profile Photos Amid Telecom Rivalry Following SKT Penalty Waiver
Kim Jisun 07/11/2025 04:37 AM
Some KT employees' updated KakaoTalk profile photos. [Alpha Biz= Kim Jisun] As competition intensifies among South Korean telecom ...

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Hyundai E&C Breaks Ground on $570M Solar Power Project in Texas, Accelerating U.S. Energy Market Expansion
Kim Jisun 07/11/2025 04:32 AM
Photo = Hyundai Engineering & Construction [Alpha Biz= Kim Jisun] Hyundai Engineering & Construction (Hyundai E&C) ann ...

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Han Seong-sook, SME Minister Nominee, Resigns from Naver Advisory Role
Kim Jisun 07/11/2025 03:55 AM
Han Seong-sook, former CEO of Naver, led the company through a period of major global expansion. (Photo: Naver)[Alpha Biz= Kim Jis ...

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Kakao Reportedly Considering Block Sale of SK Square Stake Worth Up to KRW 430 Billion
Kim Jisun 07/11/2025 03:52 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Kakao Corp. is reportedly exploring a block deal to sell part of its stake in SK Square, ...

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Theborn Korea Halts Operations at Baekseok Factory Following Farmland Act Controversy
Kim Jisun 07/11/2025 03:48 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Theborn Korea, led by CEO Baek Jong-won, announced on July 10 that it has ceased operati ...

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Netmarble Employee Caught Illegally Generating and Selling High-Value In-Game Items in Internal Abuse Scandal
Kim Jisun 07/11/2025 03:44 AM
Photo = Netmarble[Alpha Biz= Kim Jisun] A serious case of internal abuse has shaken Netmarble, as an employee from one of its subs ...

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Samsung Unveils New Galaxy Foldables and Wearables with Powerful On-Device AI at Galaxy Unpacked 2025 in New York
Kim Jisun 07/11/2025 03:36 AM
Photo courtesy of Samsung Electronics[Alpha Biz= Kim Jisun] Samsung Electronics unveiled a new generation of foldables and wearabl ...

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Hanwha Rejects Minority Shareholders' Demand to Convert Preferred Shares to Common Stock Over Dilution Concerns
Kim Jisun 07/10/2025 02:00 AM
Hanwha Building in Janggyo-dong, Seoul. (Photo: Hanwha Group)[Alpha Biz= Kim Jisun] Hanwha has formally rejected demands from mino ...

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Kopernik Global Investors Reduces Stake in Hyundai Department Store to 5.53%
Kim Jisun 07/10/2025 01:49 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — Hyundai Department Store Co., Ltd. announced in a re ...

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Kyungbo Pharmaceutical Wins Court Injunction to Halt Product License Revocations
Kim Jisun 07/10/2025 01:42 AM
Kyungbo Pharmaceutical. (Photo: Kyungbo Pharmaceutical)[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — Kyungbo Pharmace ...

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Lotte Wellfood Launches First Overseas Pepero Production in India
Kim Jisun 07/10/2025 01:39 AM
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — Lotte Wellfood announced the completion and launch of its first oversea ...

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POSCO Group to Sell Its Only Steel Mill in China to Tsingshan Group for Approx. KRW 400 Billion
Kim Jisun 07/10/2025 01:33 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — POSCO Group is in the final stages of completing the ...