Lifestyle

Lifestyle

Only 1 in 10 Financial Services Commission Staff Trade Domestic Stocks Amid Strict Rules

Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] Only about one in ten employees at South Korea’s Financial Services Commission (FSC) traded domestic stocks last year, as strict conflict-of-interest regulations continue to limit participation—even
Lifestyle

Chinese “C-Franchises” Accelerate Expansion in South Korea, Led by Hotpot and Milk Tea Chains

Photo courtesy of Yonhap News [Alpha Biz= Kim Sang Jin] Chinese offline franchise brands—often referred to as “C-franchises”—are rapidly expanding their presence in South Korea’s food and beverage market, extending beyond hotpot and mala-tang into la

Lifestyle

KOSPI Rally Drives Margin Debt to Record High, Raising Volatility Concerns

Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] South Korea’s benchmark stock index has continued to hit record highs, pushing margin trading—so-called “debt-driven investing”—to an all-time peak.According to the Korea Financial Investment Associa
Lifestyle

Korean Content Creators Drive Surge in Travel to China, Foreign Media Highlights Trend

Photo courtesy of Yonhap News [Alpha Biz= Paul Lee] Travel by South Koreans to China is rising sharply, led by content creators, with foreign media identifying the trend as a notable shift driven by easing visa rules and improving bilateral ties.Acco

Lifestyle

Pickpocketing Cases by Visa-Free Chinese Tourists Rise in Jeju

Photo courtesy of Yonhap News [Alpha Biz= Kim Jisun] A series of pickpocketing incidents involving visa-free Chinese tourists has been reported in Jeju Island, prompting heightened police response.According to the Jeju Dongbu Police Station on April

Lifestyle

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AlbaMon Suffers Data Breach; Over 22,000 Resumes Exposed in Cyberattack: Kim Jisun 05/02/2025 05:50 AM; [Alpha Biz= Kim Jisun] Seoul, May 2, 2025 — AlbaMon, a leading South Korean part-time job matching platform, has confirmed that mo ...

FSS to Conduct On-Site Inspections of Major Asset Managers Over ETF Issues: Paul Lee 04/30/2025 07:15 AM; Photo = FSS[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) will begin on-site inspections of major South Korean asse ...

South Korea’s Hiring Declines for Seventh Straight Quarter Amid Rise in Involuntary Unemployment and Short-Term Jobs: Kim Jisun 04/29/2025 06:13 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] The Korea Employers Federation (KEF) released a report on April 28 titled "Key Trends an ...

Electricity Regulatory Commission Imposes Fines on Solar Power Operators for Output Control Violations: Kim Jisun 04/28/2025 03:58 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] On April 25, the Ministry of Trade, Industry and Energy (MOTIE) announced that the Elec ...

Chaos Erupts at Lotte Department Store in Incheon as Shoppers Rush for Children's Shoes: Kim Jisun 04/25/2025 03:57 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Incheon, April 24, 2025 — A chaotic scene unfolded at a Lotte department store in Inche ...

Over 3,000 Insurance Frauds Uncovered Through Citizen Tips in Korea: Paul Lee 04/24/2025 08:04 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Seoul, April 23, 2025 — More than 3,000 insurance fraud cases were uncovered in South Kor ...

Two Former IT Employees of Lee & Ko Arrested for Insider Trading Using Confidential Tender Offer Information: Kim Jisun 04/23/2025 03:23 AM; [Alpha Biz= Kim Jisun] Seoul, South Korea – April 22, 2025 – Two former IT staff members of South Korean law firm Lee & Ko hav ...

South Korean Government Sanctions Three Luxury E-Commerce Platforms for Misleading Ads and Consumer Rights Violations: Kim Jisun 04/21/2025 01:19 AM; Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] Three major online platforms selling high-end luxury goods in South Korea have ...

Korean Won Falls to 4-Month Low Against Dollar, Closing at 1,418.9 Won: Paul Lee 04/18/2025 04:25 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The Korean won has dropped to its lowest level in over four months, trading at 1,418.9 wo ...

Over 40% of Korean Manufacturers Lack Strategy Amid U.S. Trade Uncertainty: Kim Jisun 04/17/2025 03:13 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] More than 40% of South Korean manufacturing companies have no concrete strategy to addre ...

South Korea Introduces Account Freezes for Suspected Illegal Short Selling and Unfair Trading: Paul Lee 04/15/2025 08:33 AM; Financial Services Commission. (Photo = Financial Services Commission)[Alpha Biz= Paul Lee] The South Korean government will imple ...

Stricter U.S. Immigration Policies Under Trump Lead to Sharp Drop in Tourist Arrivals: Kim Jisun 04/14/2025 03:10 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] As the Trump administration intensifies immigration enforcement, a growing number of tou ...

Over 117,000 Imported Vehicles Recalled in South Korea Due to Manufacturing Defects: Kim Jisun 04/11/2025 03:09 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) announced Thursday ...

Fatal Banyan Tree Resort Fire in Busan Caused by Welding Sparks and Safety Failures, Police Say: Kim Jisun 04/08/2025 03:54 AM; Fire Erupts at Banyan Tree Hotel Construction Site in Gijang, Busan, on February 14(Photo: Yonhap News)[Alpha Biz= Kim Jisun] The ...

HUG System Failure Halts Mortgage Guarantee Services for Eight Hours: Paul Lee 04/01/2025 03:32 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] A system failure at the Housing and Urban Guarantee Corporation (HUG) caused an eight-hou ...

Luxury E-Commerce Platform Ballan Halts Payment Services Amid Settlement Controversy: Kim Jisun 03/31/2025 06:17 AM; Hyeong-rok Choi, CEO of Ballan. (Photo = Ballan)[Alpha Biz= Kim Jisun] Luxury online platform Ballan has completely suspended its ...

Foreign Banks in Korea Reported 1.78 Trillion Won Net Profit in 2023: Paul Lee 03/27/2025 07:45 AM; Photo = Financial Supervisory Service[Alpha Biz= Paul Lee] Foreign banks operating in South Korea earned a net profit of 1.78 tril ...

Rising Food Prices: Beer, Dairy, and Instant Noodles See Increases: Kim Jisun 03/24/2025 04:12 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Following the recent price hike in instant noodles, the cost of processed foods such as ...

Ottogi to Raise Instant Noodle Prices by an Average of 7.5% Starting Next Month: Paul Lee 03/21/2025 04:21 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Ottogi announced on Thursday that it will increase the factory prices of 16 types of inst ...

KOSPI Trading Halt Due to System Glitch Linked to 'Mid-Price Quote': Paul Lee 03/19/2025 03:05 AM; Photo = Korea Exchange[Alpha Biz= Paul Lee] A system glitch that occurred in the KOSPI market on Tuesday (18th) was found to be re ...

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Headline

K-Pop Stars Shine at Met Gala in New York

Only 1 in 10 Financial Services Commission Staff Trade Domestic Stocks Amid Strict Rules

POSCO Future M Secures Exclusive Solid-State Cathode Deal with Japanese Automaker

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