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

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Heatwave Claims 12 Lives and Over 2,000 Emergency Room Visits for Heat-Related Illnesses: Kim Minyoung 08/09/2024 03:42 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Minyoung] This year, more than 2,000 people have been admitted to emergency rooms fo ...

Kakao Pay Securities reported a 51% increase in revenue for the second quarter.: Kim Minyoung 08/07/2024 03:46 AM; [Alpha Biz= Reporter Kim Minyoung] Kakao Pay Securities reported a 51% increase in revenue for the second quarter compared to the ...

Korea's agricultural and food exports have approached 7.8 trillion won over the past seven months, reaching a record high.: Kim Minyoung 08/07/2024 03:42 AM; 3 kinds of frozen gimbap. (photo = Sajodaerim)[Alpha Biz= Reporter Kim Minyoung] Over the past seven months of this year, Korea's ...

Burden of Delivery Fees'…Around 90 Mom's Touch Stores Up for Sale: Kim SangJin 08/06/2024 03:44 AM; [Alpha Biz= Reporter Kim Sangjin] According to Seoul's commercial district analysis service on the 5th, the number of fast-food st ...

2024 Tax Reform Proposal: Major Overhaul of Inheritance and Gift Taxes: Kim SangJin 08/05/2024 04:35 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] The 2024 tax reform proposal has been unveiled, featuring significant change ...

KFTC Initiates Action Against Danggeun Market for Failing to Provide Seller Information: Kim Minyoung 08/02/2024 06:52 AM; [Alpha Biz= Reporter Kim Minyoung] KFTC Initiates Regulatory Action Against Danggeun Market Over Seller Information IssuesOn Augus ...

Korean National Pension Service's REIT Investments Yield 1.68 Trillion Won in 18 Years: Kim SangJin 07/25/2024 09:54 PM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Sangjin] The National Pension Service (NPS) has earned approximately 1.68 trillion w ...

At Seoul National University, the majority of 830 medical specialty residents have resigned, with plans to recruit only around 30 new residents in September.: Kim SangJin 07/18/2024 03:56 AM; Photo = Korean Medical Association[Alpha Biz= Reporter Kim Sangjin] Seoul National University Hospital has decided not to conduct ...

Self-Employed Delinquency Rate in May Hits Highest Level in 9 Years and 6 Months: Kim Minyoung 07/17/2024 03:41 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Self-employed individuals are facing the highest loan delinquency rates in ...

Last year, nearly 1 million businesses filed for closure, with approximately 480,000 closures attributed to poor business performance.: Kim Minyoung 07/15/2024 08:26 AM; [Alpha Biz= Reporter Kim Minyoung] On the 15th of this month, according to tax statistics from the National Tax Service, the numbe ...

Among 10 companies surveyed, 4 reported that they would incur losses in the first half of the year if interest payments were made.: Kim SangJin 07/11/2024 06:26 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] According to a survey by the Korea Chamber of Commerce and Industry (KCCI) a ...

The combined stock valuation of executives from 46 domestic groups decreased by over 2.6 trillion won in the second quarter of this year.: Kim SangJin 07/05/2024 06:02 AM; [Alpha Biz= Reporter Kim Sangjin] On July 4th, the Korea CXO Institute, a corporate analysis specialist, released the results of t ...

When financial incidents occur, CEOs will also face sanctions, and if responsibilities overlap, the highest-ranking executive will be held accountable.: Kim SangJin 07/03/2024 03:20 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] In the future, not only executives and employees of financial companies but ...

The National Pension Service (NPS) is recruiting 43 fund management experts to oversee various sectors: Kim SangJin 07/01/2024 03:02 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Sangjin] The National Pension Service is recruiting 43 fund management experts. This ...

McDonald's Korea Temporarily Halts French Fries Sales: Kim Jisun 06/21/2024 03:25 AM; McDonald[Alpha Biz= Reporter Kim Jisun] McDonald's Korea will temporarily stop selling French fries. On the 20th, McDonald's Korea ...

FTC announced plans to recruit 60 consumer law enforcement monitors to tackle "shrinkflation.": Kim Minyoung 06/19/2024 03:08 AM; [Alpha Biz= Reporter Kim Minyoung] On June 18th, the Fair Trade Commission (FTC) announced plans to recruit 60 consumer law enforc ...

Individual investors bought around 19.5 trillion won worth of bonds in 2024.: Kim Minyoung 06/12/2024 03:50 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Individual investors have bought nearly 20 trillion won worth of domestic b ...

The national pension premium will rise from next month ... "Up to 12,150 won": Kim Minyoung 06/11/2024 06:18 AM; [Alpha Biz= Reporter Kim Minyoung] Starting next month, the national pension premium for office workers who receive monthly salari ...

"The 18-day collective strike" violates the Fair Trade Act and the Medical Act, which could lead to license revocation.: Kim SangJin 06/10/2024 03:01 AM; Photo = Korean Medical Association[Alpha Biz= Reporter Kim Sangjin] The Korean Medical Association has warned that even local doct ...

Starting from the 17th, Seoul National University Hospital will suspend all outpatient services and surgeries, except for emergency cases.: Kim Jisun 06/07/2024 05:49 AM; Photo = Korean Medical Association[Alpha Biz= Reporter Kim Jisun] Professors at Seoul National University College of Medicine have ...

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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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