Business

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Hyundai Motor Group Falls to No. 3 in U.S. EV Sales in H1 2025, Overtaken by GM
Kim Jisun 07/10/2025 01:30 AM
A view of Hyundai Motor Group Metaplant America (HMGMA). (Photo: Hyundai Motor Group)[Alpha Biz= Kim Jisun] Seoul, South Korea — J ...

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HYBE Chairman Bang Si-hyuk Faces Criminal Referral Over Alleged Fraudulent Securities Dealings
Kim Jisun 07/10/2025 01:23 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — HYBE Chairman Bang Si-hyuk is expected to be referre ...

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Meritz Financial Group to Appoint FSS Director Seong-Joo Park as New Executive
Kim Jisun 07/09/2025 07:54 AM
A view of Meritz Securities headquarters in Yeouido, Seoul. (Photo: Meritz Securities)[Alpha Biz= Kim Jisun] Seoul, South Korea — ...

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PharmaResearch Withdraws Spin-Off Plan Amid Investor Concerns, Reaffirms Focus on Core Growth
Kim Jisun 07/09/2025 07:47 AM
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — PharmaResearch has announced the withdrawal of its planned corporate sp ...

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Homeplus Launches Buyer Search Ahead of Restructuring Approval, Highlights “Lease-Included Apartment” Deal Structure
Kim Jisun 07/09/2025 07:42 AM
Photo = Homeplus[Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — Homeplus, one of South Korea’s largest hypermarket chai ...

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Kia Raises U.S. Prices for 2026 Sportage PHEV by Up to 6.3% Amid Tariff Pressures
Kim Jisun 07/09/2025 07:30 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — Kia has announced significant price increases for t ...

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Hanwha Ocean Wins Third U.S. Navy Ship MRO Contract with USS Charles Drew
Kim Jisun 07/09/2025 07:24 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — Hanwha Ocean (KRX: 042660) has secured a third Maint ...

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LS Cable & System and LS Marine Solutions Secure ₩250 Billion Submarine Cable Contract for Anma Offshore Wind Project
Kim Jisun 07/09/2025 07:21 AM
Photo: LS Cable & System[Alpha Biz= Kim Jisun] Seoul, South Korea — July 8, 2025 — LS Cable & System and LS Marine Solutio ...

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Samsung Electronics to Acquire U.S. Digital Health Company Xealth to Accelerate Connected Care Strategy
Kim Jisun 07/08/2025 06:25 AM
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 9, 2025 — Samsung Electronics has signed an agreement to acquire U.S.-based digit ...

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Korea’s Antitrust Watchdog Imposes ₩96.3 Billion Fine on SK Telecom, KT, LG Uplus for Mobile Number Portability Cartel
Kim Jisun 07/08/2025 03:53 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, July 7, 2025 — The Korea Fair Trade Commission (KFTC) has finalized a total fine ...

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SK Innovation E&S Begins Stake Sale of Boryeong LNG Terminal, Targets Over KRW 600 Billion
Kim Jisun 07/08/2025 03:46 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SK Innovation E&S has officially initiated the process to monetize a 50% stake in th ...

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KAI Union Opposes Potential CEO Nominees, Warns of Full-Scale Strike Over “Parachute Appointments”
Kim Jisun 07/08/2025 03:32 AM
Korea Aerospace Industries Headquarters in Sacheon, South Gyeongsang Province (Photo = KAI)[Alpha Biz= Kim Jisun] The labor union ...

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Dongyang Life Shares Soar Over 19% on Reports of Woori Financial Group's Acquisition Plans
Kim Jisun 07/08/2025 03:22 AM
Dongyang Life Insurance headquarters in Cheongjin-dong, Seoul. (Photo courtesy of Dongyang Life Insurance)[Alpha Biz= Kim Jisun] D ...

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Kolmar Holdings Rebuts CEO Yoon of Kolmar BNH Amid Leadership Dispute Over Performance
Kim Jisun 07/08/2025 03:16 AM
Source: Kolmar Korea[Alpha Biz= Kim Jisun] Seoul, South Korea – July 8, 2025 – Kolmar Holdings, the holding company of Kolmar Grou ...

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Samsung Heavy Industries Signs Preliminary FLNG Contract Worth KRW 869.4 Billion with African Client
Kim Jisun 07/08/2025 03:07 AM
[Alpha Biz= Kim Jisun] Samsung Heavy Industries (SHI) announced on July 7 that it has signed a preliminary contract with a shipown ...

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Air Busan Delays Busan-Bali Flights by 24 Hours Due to Volcanic Eruption in Indonesia
Kim Jisun 07/08/2025 03:00 AM
Photo: Air Busan[Alpha Biz= Kim Jisun] Air Busan has delayed both directions of its Busan–Bali flight route by 24 hours due to vol ...

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Samsung Electro-Mechanics Scraps Plan for Automotive Camera Module Plant in Mexico Amid USMCA Tariff Uncertainty
Kim Jisun 07/07/2025 03:58 AM
Samsung Electro-Mechanics Suwon Plant (Photo courtesy of Samsung Electro-Mechanics)[Alpha Biz= Kim Jisun] Samsung Electro-Mechanic ...

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Major Korean Corporations Accelerate Asset Sales to Focus on Core Businesses and Future Investments
Kim Jisun 07/07/2025 03:54 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, July 6 – Leading South Korean conglomerates including KT, KT&G, Lotte Group, ...

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Samsung Electronics Likely to Report Over 30% Decline in Q2 Operating Profit
Kim Jisun 07/07/2025 03:13 AM
Photo courtesy of Samsung Electronics[Alpha Biz= Kim Jisun] Samsung Electronics is expected to post a double-digit drop in operati ...