Business

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Search Warrant Issued for SPC Samlip’s Siheung Bakery Plant Following Worker’s Death
Kim Jisun 06/16/2025 03:36 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] South Korean police have obtained a court-approved search and seizure warrant for the SPC ...

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Oasis Market Faces Criticism Over Workforce Restructuring Ahead of TMON Acquisition Approval
Kim Jisun 06/16/2025 03:31 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Oasis Market, a South Korean fresh grocery delivery company, is facing backlash for work ...

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NAVER to Build AI Data Center in Morocco as Part of Global Expansion
Kim Jisun 06/13/2025 08:46 PM
From left: Seok Sang-ok, CEO of Naver Labs; Abdelmajid Iraqui Houssaini, CEO of TAQA Morocco; Chae Sun-joo, Head of Strategic Busi ...

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Lotte Corporation Sells KRW 126 Billion Stake in Lotte Global Logistics Following FI Put Option Exercise
Kim Jisun 06/13/2025 03:39 AM
Lotte World Tower (Photo: Lotte Corporation)[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Lotte Corporation (KRX: 00 ...

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Samsung Electronics’ DS Division to Restrict ChatGPT Usage, Citing Security Concerns
Kim Jisun 06/13/2025 03:35 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Samsung Electronics' Device Solutions (DS) Division ...

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Korean Fair Trade Commission Requests Revisions to Korean Air–Asiana Mileage Integration Plan
Kim Jisun 06/13/2025 03:33 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s Fair Trade Commission (KFTC) has aske ...

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Court Invalidates KOLON Industries' Patent for Hybrid Tire Cord Following HS Hysung's Legal Challenge
Kim Jisun 06/13/2025 03:29 AM
KOLON Industries headquarters. (Photo: KOLON Industries)[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korea’s ...

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Hyundai Motor Union Demands KRW 20 Million per Worker in Base Wage Compensation Ahead of 2025 Labor Talks
Kim Jisun 06/13/2025 03:25 AM
Photo = Hyundai Motor[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — The labor union of Hyundai Motor Company has put ...

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Hyundai Steel to Supply Automotive Steel to GM Korea, Expanding Beyond Hyundai Motor Group
Kim Jisun 06/13/2025 03:23 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — Hyundai Steel Co. is set to begin supplying automot ...

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Kakao to Build AI Digital Hub in Namyangju’s New Smart City with $440 Million Investment
Kim Jisun 06/13/2025 03:21 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 12, 2025 — South Korean tech giant Kakao Corp. is set to build ...

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Tencent Reportedly Exploring $15 Billion Acquisition of Nexon
Kim Jisun 06/13/2025 03:18 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] HONG KONG / SEOUL – June 12, 2025 — Chinese tech giant Tencent Holdings Ltd. is reported ...

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UK Trade Remedies Authority Launches Anti-Dumping Investigation into Korean Steel Imports
Kim Jisun 06/12/2025 03:57 AM
[Alpha Biz= Kim Jisun] LONDON – June 6, 2025 — The UK’s Trade Remedies Authority (TRA), an agency under the Department for Busines ...

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Homeplus to Include M&A in Rehabilitation Plan as It Marks 100 Days Under Court Protection
Kim Jisun 06/12/2025 03:18 AM
Photo = Homeplus[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korea’s second-largest hypermarket chain, Homepl ...

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Korean Air Faces Scrutiny Over Seat Reconfiguration and Paid Premium Services Following Asiana Merger
Kim Jisun 06/12/2025 03:14 AM
Photo = Korean Air[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Korean Air is facing public criticism and potential ...

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Daemyung Sono Group Receives Antitrust Approval for Acquisition of T’way Air
Kim Jisun 06/12/2025 03:11 AM
Photo = T'way Airlines[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Daemyung Sono Group announced today that it has ...

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Hyundai Steel Halts Operations at Pohang Plant No. 2 Amid Market Downturn
Kim Jisun 06/12/2025 03:07 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Hyundai Steel (KRX: 004020) has suspended operation ...

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Record 41% of Korean Firms Unable to Cover Interest Costs with Operating Profits: Bank of Korea
Kim Jisun 06/12/2025 03:05 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — A record-high proportion of South Korean companies ...

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South Korean Authorities Launch Investigation into YES24 Ransomware Attack
Kim Jisun 06/12/2025 03:02 AM
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — South Korean police have launched a formal investigation into the rans ...

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Samsung SDI Signs Battery Supply Agreement with German ESS Leader Tesvolt
Kim Jisun 06/12/2025 03:00 AM
Photo = Samsung SDI[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Samsung SDI announced today that it has signed a su ...