Business

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KDB to Sell Hanwha Ocean Shares After 25 Years as Major Shareholder
Kim Jisun 04/29/2025 05:59 AM
Hanwha Ocean Geoje Business Site. (Photo=Hanhwa Ocean)[Alpha Biz= Kim Jisun] Korea Development Bank (KDB) is set to divest its sta ...

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230,000 SK Telecom Customers Replace USIM Cards on First Day of Free Replacement Program
Kim Jisun 04/29/2025 05:57 AM
At a press conference held at the SUPEX Hall in SKT Tower, located in Jung-gu, Seoul, Yoo bowed his head in apology to the public. ...

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Court Dismisses Arrest Warrants for IBK Bank Employees Suspected in ₩80 Billion Fraud Case
Kim Jisun 04/29/2025 05:48 AM
Industrial Bank of Korea (photo=IBK Industrial Bank of Korea)[Alpha Biz= Kim Jisun] Arrest warrants for current and former employe ...

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SK On Secures New EV Startup Customer in the U.S., Expanding Market Presence
Kim Jisun 04/28/2025 05:02 AM
Photo = SK on[Alpha Biz= Kim Jisun] SK On announced on April 25 that it has been selected as the exclusive battery supplier for Sl ...

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Hyosung Chemical to Sell 49% Stake in Vietnamese Subsidiary via Price Return Swap (PRS)
Kim Jisun 04/28/2025 03:55 AM
사진=효성화학[Alpha Biz= Kim Jisun] On April 25, Hyosung announced that its chemical arm, Hyosung Chemical, will sell a 49% stake in its ...

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Samsung to Invest Additional ₹10 Billion in Tamil Nadu Home Appliance Plant
Kim Jisun 04/28/2025 03:51 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Samsung Electronics is strengthening its presence in the Indian market with an additiona ...

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HMM Denies Reports of Halting SK Shipping Acquisition
Kim Jisun 04/28/2025 03:48 AM
Photo=HMM[Alpha Biz= Kim Jisun] HMM, South Korea’s largest shipping company formerly known as Hyundai Merchant Marine, announced o ...

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LS Cable & System Plans to Increase Stake in Gaon Cable to 90% Through On-Market Purchases
Kim Jisun 04/28/2025 03:42 AM
[Alpha Biz= Kim Jisun] LS Cable & System (LS C&S) plans to increase its ownership stake in its subsidiary, Gaon Cable, to ...

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Ki-Won Choi, Chairperson of the Happy Nanum Foundation, Purchases Additional Shares in SK
Kim Jisun 04/28/2025 03:34 AM
Photo Courtesy of Ki-Won Choi, SK[Alpha Biz= Kim Jisun] Ki-Won Choi, Chairperson of the Happy Nanum Foundation and younger sister ...

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U.S. Protectionist Policies and Trade Wars Hit the Aviation Industry
Kim Jisun 04/28/2025 03:10 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] The aviation industry is feeling the effects of U.S. President Donald Trump's protection ...

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Hanwha Group to Acquire Full Ownership of REC Silicon to Strengthen Electronic Materials Business
Kim Jisun 04/28/2025 03:05 AM
View of Hanwha Group's headquarters building in Janggyo-dong, Jung-gu, Seoul. (Photo: Hanwha Group)[Alpha Biz= Kim Jisun] Hanwha G ...
LG Energy Solution Continues Talks on Indonesian Battery Plant Despite EV Project Setback Press Release
Kim Jisun 04/25/2025 03:37 AM
[Alpha Biz= Kim Jisun]Date: April 24, 2025 - Following the cancellation of LG Energy Solution’s 11 trillion KRW electric vehicle (EV) battery project in Indonesia, the company has ...

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Hanwha Semitec Sends Legal Notice to Hanmi Semiconductor Over Alleged Dissemination of False Information
Kim Jisun 04/25/2025 03:26 AM
Hanmi semiconductor. (photo = Hanmi semiconductor)[Alpha Biz= Kim Jisun] Hanwha Semitec has issued a formal legal notice to Hanmi ...

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KB Financial Group Reports Record-High First-Quarter Earnings
Kim Jisun 04/25/2025 03:12 AM
View of KB Financial Group building. (Photo=Yonhap News)[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — KB Financial Group announce ...

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Prosecutors Launch Forced Investigation Into MedicoX's Management Over Alleged Embezzlement and False Disclosure
Kim Jisun 04/25/2025 03:09 AM
Photo = prosecutor's office[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — Prosecutors have launched a forced investigation into th ...

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POSCO Holdings Addresses Possibility of POSCO Future M's Capital Increase Amid Economic Challenges
Kim Jisun 04/25/2025 03:03 AM
Photo = POSCO FutureM[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — POSCO Holdings confirmed on April 24 that the possibility of a ...

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LG Electronics Strategizes for Potential Tariff Risks, Considering Price Increases and Optimized Production Locations
Kim Jisun 04/24/2025 09:46 PM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, April 24, 2025 — LG Electronics has stated that it is continuously reviewing and ...

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Korean Air Selected as Preferred Bidder for UH-60 Helicopter Upgrade Program
Kim Jisun 04/24/2025 07:29 AM
Photo = Korean Air[Alpha Biz= Kim Jisun] Seoul, April 23, 2025 — Korean Air announced today that it has been selected as the prefe ...

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SK Bioscience Wins Patent Dispute Against Moderna Over mRNA Technology in Korea
Kim Jisun 04/24/2025 03:49 AM
Image Source: SK Bioscience Official Website[Alpha Biz= Kim Jisun] SK Bioscience has announced a definitive legal victory in its p ...

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Korea Zinc Faces Criminal Investigation Over Alleged Irregularities in Rights Offering
Kim Jisun 04/24/2025 03:45 AM
Photo = Korea Zinc[Alpha Biz= Kim Jisun] Seoul, South Korea – April 23, 2025 — The Seoul Southern District Prosecutors’ Office has ...