Business

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Hugel’s Botulinum Toxin ‘Letibot’ Gains Ground in China with Strong Quality Credentials
Kim Jisun 07/02/2025 03:20 AM
Photo = Hugel[Alpha Biz= Kim Jisun] Seoul, July 1 — Hugel’s botulinum toxin product Letibot (marketed domestically as Botulax) is ...

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Taekwang Industrial’s Exchangeable Bond Plan Faces Regulatory Hurdle, Investment Timeline Disrupted
Kim Jisun 07/02/2025 03:17 AM
[Alpha Biz= Kim Jisun] Seoul, July 1 — Taekwang Industrial’s plan to raise capital through exchangeable bonds (EBs) backed by trea ...

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SK Planet and Wemade Conclude Strategic Partnership to Refocus on Core Businesses
Kim Jisun 07/01/2025 03:30 AM
[Alpha Biz= Kim Jisun] SEOUL, June 30, 2025 – SK Planet and Wemade have mutually agreed to end their strategic partnership to bett ...

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Korea’s Fair Trade Commission Launches Probe into Retail Sector’s Information Service Fees
Kim Jisun 07/01/2025 03:14 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s Fair Trade Commission (FTC) announced tha ...

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HYBE to Establish India Subsidiary, Expanding Global K-pop Business Model
Kim Jisun 07/01/2025 03:12 AM
HYBE[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — HYBE, the global entertainment company behind BTS, announced plans to establish ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp. Amid Continued Losses
Kim Jisun 07/01/2025 03:08 AM
Photo = Lotte Chemical[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies — Korea Inves ...

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POSCO Holdings to Launch First Korean Lithium Extraction Project in the U.S.
Kim Jisun 07/01/2025 01:57 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — POSCO Holdings announced today that it has signed a Memorandum of ...

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NAVER to Bring Robotics and Smart City Technologies to Saudi Arabia’s Futuristic ‘New Murabba’
Kim Jisun 07/01/2025 01:54 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — NAVER Cloud has signed a Memorandum of Understanding (MOU) with t ...

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Credit Rating Agencies Downgrade Lotte Chemical and Lotte Corp Amid Prolonged Losses
Kim Jisun 07/01/2025 01:39 AM
Photo = Lotte Chemical[Alpha Biz= Kim Jisun] Seoul, June 30, 2025 — South Korea’s three major credit rating agencies—Korea Investo ...

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LG Chem Postpones Additional Stake Acquisition in Hungarian JV with Toray for Second Time
Kim Jisun 07/01/2025 12:45 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] LG Chem has once again postponed its planned acquisition of an additional 20% stake in L ...

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Former Lotte Executive Shin Dong-joo Fails in 11th Attempt to Rejoin Lotte Holdings Board
Kim Jisun 06/30/2025 03:42 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Shin Dong-joo, the elder brother of Lotte Group Chairman Shin Dong-bin and former Vice C ...

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SK hynix Proposes Significant Increase to Performance Bonus Cap in Ongoing Wage Negotiations
Kim Jisun 06/30/2025 03:40 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SK hynix has proposed a major revision to its performance-based compensation structure, ...

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Korean Air Flight Bound for Jeju Makes Safe Emergency Landing Due to Flap Malfunction
Kim Jisun 06/30/2025 03:36 AM
Photo = Korean Air[Alpha Biz= Kim Jisun] A Korean Air passenger flight bound for Jeju Island made a safe emergency landing on June ...

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HD Hyundai Electric Signs MOU with Norway’s Bulk Infrastructure to Expand in European Data Center Market
Kim Jisun 06/30/2025 03:24 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] HD Hyundai Electric, the power equipment and energy solutions subsidiary of HD Hyundai, ...

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Lotte Corp. Sells 5% Treasury Stake to Lotte Property & Development for KRW 147.7 Billion
Kim Jisun 06/27/2025 03:57 AM
Photo = Lotte Holdings[Alpha Biz= Kim Jisun] On June 26, Lotte Corporation announced via regulatory filing that it has sold 5.0% o ...

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Supreme Court to Deliver Final Ruling on Samsung Chairman Lee Jae-yong’s Merger and Accounting Fraud Case on July 17
Kim Jisun 06/27/2025 03:55 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] South Korea’s Supreme Court is set to deliver its final ruling on Samsung Electronics Ex ...

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KAI and Hanwha Aerospace Sign Contracts for Second Batch of 20 KF-21 Fighter Jets, Boosting Stock Performance
Kim Jisun 06/27/2025 03:49 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] Shares of Korea Aerospace Industries (KAI) and Hanwha Aerospace closed higher on June 2 ...

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Shinhan Investment Employees Sentenced to Prison for Concealing ₩130 Billion ETF Derivatives Loss
Kim Jisun 06/27/2025 03:47 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Two employees of Shinhan Investment Corp. have been sentenced to prison for concealing l ...

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South Korea Approves $600M Hydrogen Ironmaking R&D Project Backed by POSCO and Hyundai Steel
Kim Jisun 06/27/2025 03:31 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] The South Korean government has approved a major national research and development (R& ...

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Kakao Pay Trading Halted Again as Stock Soars on Stablecoin Speculation
Kim Jisun 06/27/2025 03:25 AM
Photo = Kakao Pay[Alpha Biz= Kim Jisun] Shares of Kakao Pay were suspended from trading on June 26 after being designated as an “I ...