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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Domestic financial firms lost 2.41 trillion won in overseas real estate investment last year: Kim SangJin 06/05/2024 08:04 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] The report showed that Korean financial firms lost about KRW 2.41 trillion i ...

From January to April this year, SUV sales surpassed sedan sales for the first time in the imported car market.: Kim Jisun 05/29/2024 03:37 AM; Volkswagen Electric SUV ID.4. (Photo= Volkswagen)[Alpha Biz= Reporter Kim Jisun] According to the Korea Automobile Importers and D ...

Five individuals who created a fraudulent cryptocurrency website and embezzled 900 million won have been sentenced to prison.: Kim Jisun 05/28/2024 03:28 AM; [Alpha Biz= Reporter Kim Jisun] Five individuals who created a fraudulent cryptocurrency website and swindled 900 million won from ...

Dongwon F&B announced that starting from the 1st of next month, the prices of all Yangban seaweed products will be increased by approximately 15%.: Kim Minyoung 05/27/2024 03:16 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Dongwon F & B announced on the 24th that it will raise the price of all ...

KOGAS President: "Unpaid Receivables Reach 13.5 Trillion KRW... Urgent Need for Rate Increase": Kim Jisun 05/22/2024 10:45 PM; Photo = Korea Gas Corporation[Alpha Biz= Reporter Kim Jisun] Choi Yeon-hye, the president of Korea Gas Corporation (KOGAS), emphas ...

BBQ Chicken has raised its prices, with chicken, including delivery fees, now costing 30,000 won.: Kim Jisun 05/22/2024 03:36 AM; Yoon Hong-geun, chairman of Genesis BBQ Group. (Photo=Genesis BBQ)[Alpha Biz= Reporter Kim Jisun] Genesis BBQ, the franchise opera ...

The deficit in travel spending has reached its highest level in five and a half years, with Koreans spending more abroad than foreigners visiting Korea.: Paul Lee 05/20/2024 02:27 AM; [Alpha Biz= Reporter Paul Lee] In the first quarter of this year, the travel balance posted the largest deficit in five and a half ...

Over three million workers don't even get the minimum wage: Kim Jisun 05/17/2024 02:58 AM; [Alpha Biz= Reporter Kim Jisun] The number of workers receiving wages below the minimum wage increased by 250,000 compared to the ...

The daily trading volume of virtual assets has reached 3.6 trillion won, with over 80,000 investors investing more than 100 million won each.: Kim Minyoung 05/16/2024 06:33 AM; [Alpha Biz= Reporter Kim Minyoung] In the latter half of last year, the daily average trading volume of virtual assets such as Bit ...

Korea Institute of Finance: This year's economic growth rate forecast adjusted upwards from 2.1% to 2.5%.: Paul Lee 05/12/2024 08:54 PM; (Photo= Yonhap news)[Alpha Biz= Reporter Paul Lee] The Korea Institute of Finance raised its economic growth forecast for Korea to ...

MZ generation considers Samsung Electronics, SK Telecom, and Naver as the leading AI companies in Korea.: Kim Minyoung 05/07/2024 03:15 AM; View of Naver office building. (Photo=Naver)[Alpha Biz= Reporter Kim Minyoung] It has been revealed that the MZ generation conside ...

NICE Credit Rating Agency has downgraded its credit outlook for Daol Investment & Securities to 'negative.': Kim Minyoung 05/02/2024 03:59 AM; Photo = Daol Investment & Securities[Alpha Biz= Reporter Kim Minyoung] On the 30th, NICE Credit Ratings announced a change in ...

Daehan Theater closed after 66 years: Kim Minyoung 05/02/2024 03:57 AM; [Alpha Biz= Reporter Kim Minyoung] Segye Corporation, which operates Daehan Theaters, announced through electronic disclosure on t ...

‘One out of five restaurants’ closed last year: Kim Minyoung 04/29/2024 02:55 AM; (Photo = Yonhap news)[Alpha Biz= Reporter Kim Minyoung] A big data analysis showed that the closing rate of restaurant companies e ...

Fair Trade Commission sanctions CERAGEM for its false and exaggerated advertising practices: Paul Lee 04/25/2024 02:54 AM; (Photo=CERAGEM)[Alpha Biz= Reporter Paul Lee] Kwon Sun-kook, head of the Daejeon Regional Fair Trade Office, says CERAGEM will sel ...

Financial authorities conducted an on-site inspection of Crypto.com: Kim Jisun 04/24/2024 12:21 AM; Photo = Financial Services Commission[Alpha Biz= Reporter Kim Jisun] Crypto.com, the world's top 10 largest exchange, has been pos ...

Shilla Hotel sells Apple Mango Bingsu for 102,000 won, a 4% increase.: Kim Minyoung 04/23/2024 04:07 AM; (Photo = Yonhap news) [Alpha Biz= Reporter Kim Minyoung] The Seoul Shilla Hotel announced on its website on the 22nd that it will ...

Korea's food price growth rate is the third largest in the world: Kim Minyoung 04/22/2024 03:05 AM; [Alpha Biz= Reporter Kim Minyoung] The growth rate of food prices in Korea has surpassed the average level of major advanced count ...

McDonald's Korea recorded the highest sales last year: Kim Minyoung 04/18/2024 02:30 AM; [Alpha Biz= Reporter Kim Minyoung] McDonald's Korea recorded sales of KRW 1.292 trillion last year, the highest sales since it ent ...

Daily necessities and food prices sold at convenience stores and marts are rising one after another: Kim Minyoung 04/17/2024 03:09 AM; GS25 container type unmanned convenience store (photo = GS Retail homepage)[Alpha Biz= Reporter Kim Minyoung] Daily necessities an ...

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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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