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Fair Trade Commission Imposes Record 422.7 Billion Won in Fines Last Year, Up 7.9% from the Previous Year
Kim Jisun 06/11/2025 03:54 AM
Photo = Coupang[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (FTC) recorded a total of 422.7 billion won in fines imposed ...

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Kakao Community Labor Union (Crew Union) Launches Its First Strike Since Establishment
Kim Jisun 06/11/2025 03:43 AM
[Alpha Biz= Kim Jisun] On June 10, the Crew Union announced it will begin a series of staged strikes, starting with a 2-hour parti ...

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Siheung City Accelerates Creation of Specialized Bio Cluster with 2.2 Trillion KRW Investment Attraction
Kim Jisun 06/11/2025 03:40 AM
Chong Kun Dang[Alpha Biz= Kim Jisun] On June 10, Siheung City announced that it has signed a Memorandum of Understanding (MOU) wit ...

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Fair Trade Commission Grants Conditional Approval for Merger Between K-OTT Platforms TVING and WAVVE
Kim Jisun 06/11/2025 03:38 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On June 10, the Fair Trade Commission (FTC) granted conditional approval for the corpor ...

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YES24 Suffers Ransomware Attack Amid Prolonged Service Outage
Kim Jisun 06/11/2025 03:27 AM
[Alpha Biz= Kim Jisun] SEOUL, June 10 — YES24, a leading South Korean online bookstore, has reportedly fallen victim to a ransomwa ...

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Embezzlement Case Uncovered at Sacheon NongHyup; Key Individual Found Dead
Kim Jisun 06/11/2025 03:26 AM
Photo = Nonghyup Bank[Alpha Biz= Kim Jisun] SACHEON, South Korea, June 10 — A large-scale embezzlement case involving billions of ...

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Dispute Over Delivery Fees Deepens Between CJ Logistics Courier Union and Agency Association Amid Seven-Day Delivery Expansion
Kim Jisun 06/11/2025 03:15 AM
CJ Logistics Courier[Alpha Biz= Kim Jisun] CJ Logistics’ introduction of seven-day delivery service, launched in January to includ ...

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Prosecutors Reapply for Arrest Warrants Over IBK Corporate Bank’s 88 Billion KRW Loan Fraud Scandal
Kim Jisun 06/10/2025 04:10 AM
Photo = IBK Industrial Bank[Alpha Biz= Paul Lee] Seoul, June 9 – The Seoul Central District Prosecutors’ Office has reapplied for ...

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South Korea’s Fair Trade Commission Fines Jungheung Construction for Unfair Support to Owner Family's Company
Kim Jisun 06/10/2025 04:04 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun]Seoul, June 9 – South Korea’s Fair Trade Commission (KFTC) announced on June 9 ...

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Air Busan Cabin Crew Union Files Human Rights Petition Demanding Solo Rest Rooms After Flights
Kim Jisun 06/10/2025 03:59 AM
Photo = Air Busan[Alpha Biz= Kim Jisun] Seoul, June 9 – The cabin crew union of Air Busan, the first labor union among low-cost ca ...

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Samsung Foundry Market Share Falls Below 8% in Q1 as TSMC Expands Lead and SMIC Closes Gap
Kim Jisun 06/10/2025 03:52 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, June 9 – Samsung Electronics' global foundry (semiconductor contract manufacturin ...

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Koo Bon-neung and LG Executive Cleared of Charges Over Late Chairman's Safe Incident
Kim Jisun 06/10/2025 03:49 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, June 9 – Koo Bon-neung, Chairman of Heesung Group and younger brother of the late ...

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FSS Issues Disciplinary Warnings to Executives of Six Securities Firms Over Improper Deferred Bonus Payments
Kim Jisun 06/10/2025 03:44 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On June 9, South Korea’s Financial Supervisory Service (FSS) announced disciplinary acti ...

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Meritz Securities to Inject KRW 50 Billion into Meritz Capital via Rights Offering
Kim Jisun 06/10/2025 03:42 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Meritz Securities, a subsidiary of Meritz Financial Group, announced on June 9 that it w ...

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SLS Bio Temporarily Suspends Pharmaceutical Testing Operations Following Regulatory Assessment
Kim Jisun 06/10/2025 03:38 AM
[Alpha Biz= Kim Jisun] SLS Bio announced on June 9 that it has temporarily suspended its operations in the "pharmaceutical quality ...

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Doosan Enerbility Wins KRW 900 Billion Gas-Fired Power Plant Project in Vietnam
Kim Jisun 06/10/2025 03:34 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On June 9, Doosan Enerbility announced that it has secured a gas-fired combined cycle po ...

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Samsung Electronics’ Largest Labor Union Leadership Resigns En Masse Amid Internal Disputes
Kim Jisun 06/09/2025 05:39 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] The entire leadership of the National Samsung Electronics Union (NSEU), the largest labo ...

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NAVER to Launch ‘NAVER Ventures’ in Silicon Valley to Accelerate AI Startup Investments
Kim Jisun 06/09/2025 03:48 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] NAVER Corporation announced plans to establish a new investment arm, NAVER Ventures, in ...

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Asiana Airlines Cargo Business Transfer to Air Incheon Delayed Until August Due to Regulatory Approvals
Kim Jisun 06/09/2025 03:16 AM
[Alpha Biz= Kim Jisun] Asiana Airlines has postponed the transfer of its cargo business to Air Incheon by one month to August 1, c ...

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LG Display Repays ₩1 Trillion Loan to LG Electronics Ahead of Schedule to Improve Financial Health
Kim Jisun 06/09/2025 03:11 AM
[Alpha Biz= Kim Jisun] LG Display has repaid a ₩1 trillion (approximately USD 720 million) loan from LG Electronics 10 months ahea ...