Business

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South Korean Privacy Regulator Investigates LVMH Brands Dior and Tiffany Over Delayed Data Breach Disclosures
Kim Jisun 06/02/2025 01:25 AM
[Alpha Biz= Kim Jisun] The Personal Information Protection Commission (PIPC) of South Korea has launched an investigation into lux ...

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Hyundai Motor Union Demands 30% Profit-Sharing Bonus and Retirement Age Extension to 64 in 2025 Wage Talks
Kim Jisun 05/30/2025 03:59 AM
Photo = Hyundai Motor[Alpha Biz= Kim Jisun] Hyundai Motor Company’s labor union has finalized its demands for the 2025 wage and co ...

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Samsung Ordered to Pay $111.7 Million in Patent Infringement Verdict Against Japan’s Maxell
Kim Jisun 05/30/2025 03:56 AM
Photo = Samsung Electronics[Alpha Biz= Kim Jisun] Samsung Electronics has been ordered to pay $111.7 million in damages to Japanes ...

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LG H&H Acquires Remaining 35% Stake in U.S. Color Cosmetics Brand The Crème Shop for KRW 91.9
Kim Jisun 05/30/2025 03:18 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] LG Household & Health Care (LG H&H) has finalized the acquisition of the remainin ...

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Jeju Air Aircraft Temporarily Veers Off Runway Upon Landing in Da Nang, No Injuries Reported
Kim Jisun 05/30/2025 03:15 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] A Jeju Air flight experienced a minor runway excursion upon landing at Da Nang Internati ...

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Kakao Mobility Integrates with Alibaba’s Gaode Map to Offer Kakao T Taxi Services to Chinese Tourists
Kim Jisun 05/30/2025 03:12 AM
[Alpha Biz= Kim Jisun] Kakao Mobility (KRX: 035720) has partnered with China’s Alibaba Group to enable users of Gaode Map — China’ ...

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SK Innovation and POSCO Future M Deny Battery Business Merger Rumors
Kim Jisun 05/30/2025 03:10 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On May 29, SK Innovation (KRX: 096770) issued a regulatory filing denying recent media r ...

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HYBE Shares Dip Amid FSS Probe Into Founder Bang Si-hyuk Over Alleged Fraudulent Transactions
Kim Jisun 05/30/2025 03:05 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Shares of HYBE fell over 2% on May 29 after reports surfaced that founder and chairman B ...

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SK ecoplant’s Subsidiary SK airplus to Divest Gas and CO₂ Units in $1 Billion Deal Ahead of IPO
Kim Jisun 05/30/2025 03:02 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] SK airplus, a subsidiary of SK ecoplant (formerly SK Engineering & Construction), i ...

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Nexen Tire Supplies ‘N’FERA Supreme S’ Tires for Kia’s First Electric Sedan, ‘The Kia EV4’
Kim Jisun 05/29/2025 03:47 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Nexen Tire (KRX: 002350) announced on May 28 that it will supply its new car tire, the ‘ ...

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Hyundai Motor Union Demands 4.5-Day Workweek and Retirement Age Extension to 64 in 2024 Wage Negotiations
Kim Jisun 05/29/2025 03:37 AM
Hyundai Motor[Alpha Biz= Kim Jisun] Hyundai Motor Company’s labor union, the largest in South Korea by membership, has announced i ...

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NIBEC Signs $435 Million Licensing Deal with U.S. Pharma Company for Fibrosis Treatment Candidate
Kim Jisun 05/29/2025 03:28 AM
[Alpha Biz= Kim Jisun] NIBEC, a biotechnology company specializing in peptide-based drug development, announced on the 28th that i ...

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SK Square Invests $40 Million in U.S. Semiconductor Materials Firm to Boost Synergy with SK Hynix
Kim Jisun 05/29/2025 03:26 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SK Square is investing $40 million (approximately 55 billion KRW) in a U.S.-based semico ...

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Homeplus Files Criminal Complaint Against Shin Young Securities CEO Over ABSTB Dispute
Kim Jisun 05/29/2025 03:21 AM
Photo = Homeplus[Alpha Biz= Kim Jisun] Tensions are escalating between Homeplus and Shin Young Securities over issues surrounding ...

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Kakao Taxi Franchise Fined $29 Million for Charging Platform Fees Without App Usage
Kim Jisun 05/29/2025 03:16 AM
Photo = Kakao Mobility[Alpha Biz= Kim Jisun] Kakao Mobility’s taxi franchise headquarters has been hit with a fine of approximatel ...

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Samsung Electronics Secures KRW 2 Trillion Semiconductor Loan from Korea Development Bank for the First Time
Kim Jisun 05/29/2025 03:00 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] According to industry sources on May 28, Samsung Electronics has secured a KRW 2 trillio ...

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POSCO Future M Files Amended Capital Increase Report Including Business Risks and Investment Plans
Kim Jisun 05/28/2025 03:52 AM
Photo = POSCO FutureM[Alpha Biz= Kim Jisun] On May 26, POSCO Future M submitted an amended capital increase report to the Financia ...

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Prosecution Summons Former Taekwang Group Chairman Lee Ho-jin Over Embezzlement and Breach of Trust Allegations
Kim Jisun 05/28/2025 03:50 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On May 27, the Seoul Central District Prosecutors’ Office summoned Lee Ho-jin, former ch ...

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Personal Information Protection Commission Launches Group Mediation Process Over SK Telecom Data Breach
Kim Jisun 05/28/2025 03:45 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] The Personal Information Protection Commission (PIPC) announced on May 27 that it has re ...

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Hoban Group Acquires Over 3% Stake in LS Corp, Gaining Key Shareholder Rights
Kim Jisun 05/28/2025 03:37 AM
[Alpha Biz= Kim Jisun] Hoban Group has recently acquired more than a 3% stake in LS Corp, the holding company of LS Group, signali ...