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Tech Companies Raise U.S. Prices Amid Tariff Concerns; Global Ripple Effects Feared
Kim Jisun 06/09/2025 03:23 AM
Photo = Samsung Electronics[Alpha Biz= Kim Jisun] As major smartphone manufacturers such as Samsung Electronics and Apple weigh po ...

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Baedal Minjok (Baemin) Announces Compensation Measures Following App Outage
Kim Jisun 06/02/2025 02:06 AM
[Alpha Biz= Kim Jisun] Seoul, June 1 — Woowa Brothers, operator of South Korea’s leading food delivery platform Baedal Minjok (Bae ...

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KFTC Imposes Fine on Company for Bid-Rigging in Korea Electric Power Corporation’s Wood Pellet Procurement Tenders
Kim Jisun 06/02/2025 01:55 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) announced on June 1 that it has imposed ...

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Naver Webtoon to Strengthen Community Guidelines to Curb Inappropriate Content and Harmful Comments
Kim Jisun 05/30/2025 03:07 AM
[Alpha Biz= Kim Jisun] Naver Webtoon announced on May 29 that it will implement strengthened community guidelines aimed at blockin ...

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Korea Exit Fears Resurface as GM Korea Halts New Vehicle Production and Begins Asset Sales
Kim Jisun 05/29/2025 03:07 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] GM Korea has decided not to produce any new vehicles at its domestic plants, fueling re ...

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Operator of Korea’s Largest Piracy Site 'NunuTV' Sentenced to Three Years in Prison
Kim Jisun 05/27/2025 03:26 AM
[Alpha Biz= Kim Jisun] The operator of NunuTV, South Korea’s largest copyright-infringing website that illegally distributed hit K ...

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Google Proposes Voluntary Remedy to Address Antitrust Concerns Over YouTube Music Bundling
Kim Jisun 05/23/2025 03:12 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Google has submitted a voluntary corrective plan to the Korea Fair Trade Commission (KFT ...

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Consumer Dispute Resolution Committee Initiates Collective Dispute Procedure Over Air Conditioning Defects in 2022 Audi Q4 e-tron SUVs
Kim Jisun 05/22/2025 03:01 AM
Audi Q4 e-tron model. Provided by Audi Korea. [Alpha Biz= Kim Jisun] The Consumer Dispute Resolution Committee under the Korea Con ...

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Fire at Banyan Tree Haeundae Puts ₩375 Billion PF Loan at Risk; Lenders Defer EOD Action
Kim Jisun 05/21/2025 03:04 AM
A fire broke out at the construction site of the new Banyan Tree Hotel in Gijang-gun, Busan.Photo courtesy of the Busan Metropolit ...

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Financial Supervisory Service Advises on Consumer Precautions for Credit Card Fraud and Lost Cards
Paul Lee 05/20/2025 05:29 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] Mr. Lee suffered unauthorized charges amounting to approximately 6 million KRW after losi ...

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Sudden Bankruptcy of Online Tutoring Platform 'TOPCLASS EDUEYE' Triggers Major Fallout for Students, Parents, and Instructors
Kim Jisun 05/19/2025 03:50 AM
[Alpha Biz= Kim Jisun] The abrupt bankruptcy of TOPCLASS EDUEYE, a remote online education platform, has left hundreds of students ...

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Majority of Koreans Support Tobacco Companies Bearing Medical Costs for Lung Cancer Patients
Kim Jisun 05/16/2025 03:50 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Ahead of the final hearing in the appeals trial for a KRW 50 billion damages lawsuit fil ...

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FSC Finalizes Amendments to External Audit Law to Incentivize Strong Audit Governance
Paul Lee 05/15/2025 03:25 AM
Photo = Financial Services Commission[Alpha Biz= Paul Lee] Seoul, May 14, 2025 — The Financial Services Commission (FSC) of Korea ...

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Dior Discloses Data Breach Affecting Customer Information
Kim Jisun 05/14/2025 03:15 AM
Photo = Shinsegae Duty Free Shop provided[Alpha Biz= Kim Jisun] Luxury fashion house Dior confirmed on May 13 that it suffered a d ...

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Bloomberg reported on the 11th (local time) that Asian currencies, including the South Korean won, are in an undervalued zone.
Paul Lee 05/13/2025 03:00 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] According to data compiled by Bloomberg, the South Korean won, Indonesian rupiah, Brazili ...

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Korean Pharmaceutical Companies Accelerate Eco-Friendly Management Initiatives
Kim Jisun 05/12/2025 03:27 AM
Photo = Yuhan[Alpha Biz= Kim Jisun] A growing wave of eco-friendly management is sweeping through the Korean pharmaceutical indust ...

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BGF Retail Reports 30.7% Decline in Q1 Operating Profit Amid Slower Convenience Store Sales Growth
Paul Lee 05/09/2025 03:17 AM
Source: BGF Retail[Alpha Biz= Paul Lee] BGF Retail announced on May 8 that its consolidated operating profit for the first quarter ...

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KFTC to Decide Next Week on Consent Decision for Google’s Alleged YouTube Music Bundling
Kim Jisun 05/08/2025 03:51 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] Seoul, May 7, 2025 — South Korea’s antitrust regulator, the Korea Fair Trade C ...

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U.S. Tariffs on Imported Pharmaceuticals Could Impact South Korea’s Biopharma Industry
Kim Jisun 05/07/2025 08:01 AM
Celltrion[Alpha Biz= Kim Jisun] According to industry sources on May 6, the potential imposition of tariffs on imported pharmaceut ...