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40% of Domestic Stockholders Own Samsung Electronics, with Large Shareholders in Gangnam, Seoul
Paul Lee 03/18/2025 03:24 AM
Photo = Samsung Electronics(사진=삼성전자)[Alpha Biz= Paul Lee] As of the end of last year, 40% of domestic stockholders held shares in ...

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20s Employee of Incheon Airport Subsidiary Dies After Fall from Parking Tower
Kim Jisun 03/17/2025 06:02 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] A man in his 20s, employed by a subsidiary of Incheon International Airport Corporation, ...

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Chinese E-commerce Platform Temu Faces Scrutiny for Collecting Sensitive Data from Korean Sellers
Kim Jisun 03/13/2025 03:35 AM
[Alpha Biz= Kim Jisun] Temu, the Chinese e-commerce platform that has announced its direct entry into the South Korean market, has ...

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Top 10 Construction Firms Cut 1,400 Jobs Amid Industry Slump
Kim Jisun 03/10/2025 07:31 AM
Photo Credit: Daewoo E&C[Alpha Biz= Kim Jisun] Despite efforts to maintain employment levels during the construction industry ...

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Economic Uncertainty Weighs on South Korean Corporations, Funding Conditions Deteriorate
Kim Jisun 03/07/2025 02:45 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Three out of ten major South Korean corporations reported a deterioration in their finan ...

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Financial Authorities Impose Over 635 Billion KRW in Fines for Illegal Short Selling Ahead of Full Reopening
Paul Lee 03/06/2025 03:42 AM
Photo = Yonhap news [Alpha Biz= Paul Lee] As the full resumption of short selling is set for March 31, financial authorities have ...

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Daol Private Equity Acquires Golf Grip Manufacturer Lamkin
Paul Lee 03/05/2025 03:06 AM
[Alpha Biz= Paul Lee] Daol Private Equity (Daol PE) has acquired Lamkin, the second-largest global player in the golf grip market, ...

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Worker Dies at Construction Site in Seoul, Investigation Launched Under Serious Accident Punishment Act
Kim Jisun 03/04/2025 03:18 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] A fatal accident occurred at a construction site in Seoul, where a worker in his 50s die ...

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Korean Regulator Investigates OpenAI’s ChatGPT for Potential Telecom Law Violations
Kim Jisun 02/28/2025 03:12 AM
Photo= Open AI[Alpha Biz= Kim Jisun] The Korea Communications Commission (KCC) has launched an investigation into OpenAI’s usage r ...

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Government Announces Measures to Curb Auto Insurance Fraud and Lower Premiums
Paul Lee 02/27/2025 08:35 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] To break the cycle of rising auto insurance premiums caused by fraudulent claims, the Min ...

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CJ Foodville’s Tous Les Jours to Increase Prices of Bakery and Cake Products Starting March 1
Kim Jisun 02/26/2025 01:03 AM
[Alpha Biz= Kim Jisun] Tous Les Jours, a bakery franchise operated by CJ Foodville, will increase the prices of its bread and cake ...

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Over 1,000 Bank Branches Closed in South Korea Over the Past Five Years
Paul Lee 02/25/2025 08:21 AM
Photo=KB Kookmin Bank[Alpha Biz= Paul Lee] More than 1,000 offline bank branches have shut down in South Korea over the past five ...

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Innovation Drives Korean Investors to Favor U.S. Capital Markets
Kim Jisun 02/24/2025 02:32 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] As public interest in U.S. capital markets continues to grow, a recent survey revealed t ...

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Audit Reveals Korea Railroad Corporation Employees Promoted Despite DUI Offenses
Kim Jisun 02/21/2025 05:44 AM
[Alpha Biz= Kim Jisun] A case has come to light in which an employee of the Korea Railroad Corporation (Korail) was promoted despi ...

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Financial Authorities Mandate Borrowing-Free Short Sale Prevention Measures Ahead of Full Short Sale Resumption
Paul Lee 02/19/2025 03:36 AM
Financial Services Commission[Alpha Biz= Paul Lee] As the full resumption of short selling approaches on the 31st of next month, f ...

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Korea's Fair Trade Commission to Increase Staff for Platform Surveillance
Kim Jisun 02/17/2025 07:36 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) is set to expand its workforce to enhan ...

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South Korea’s Financial Supervisory Service Imposes Penalties on 130 Disclosure Violations in 2023
Kim Jisun 02/11/2025 07:34 AM
Photo = FSS[Alpha Biz= Kim Jisun] South Korea’s Financial Supervisory Service (FSS) took action on 130 cases of disclosure violati ...

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Financial Supervisory Service to Strengthen Measures Against Unfair Trading and Accounting Fraud in Capital Markets
폴 리 02/10/2025 10:48 AM
Lee Bok-hyun, Financial Supervisory Service. (Photo: Yonhap News)[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) wil ...

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Korean Air Reviews Cabin Policy and Fire Safety Measures for Carrying Power Banks
Kim SangJin 02/06/2025 06:05 AM
Photo = Yonhap news[Alpha Biz= Kim Sangjin] Korean Air is reviewing regulations on carrying power banks onboard, as well as fire r ...

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FSS Chief Lee Bok-hyun to Hold Series of Meetings with Financial CEOs
Kim SangJin 02/04/2025 08:07 AM
Lee Bok-hyun, Governor of the Financial Supervisory Service (Photo = Yonhap News)[Alpha Biz= Kim Sangjin] Financial Supervisory Se ...