Korea

Korea

National Pension’s Equity Holdings Surge by Nearly KRW 80 Trillion in Q1 on Market Rally

Photo courtesy of Yonhap News[Alpha Biz= Kim Sang Jin]South Korea’s National Pension Service saw the value of its domestic equity holdings rise by nearly KRW 80 trillion in the first quarter, driven by a strong stock market rally.According to data co
Korea

Justice Ministry Suspends Prosecutor Park Sang-yong Over Alleged Misconduct in North Korea Remittance Probe

Park Sang-yong, who investigated the “Ssangbangwool North Korea remittance” case.(Photo=Yonhap News Agency) [Alpha Biz= Kim Sang Jin] South Korea’s Ministry of Justice has suspended Park Sang-yong from duty over allegations of misconduct during the i

Korea

Korea Exchange Flags 76 Suspected Short-Selling Violations via Monitoring System

Korea Exchange. (Photo = Korea Exchange)[Alpha Biz= Kim Sang Jin] The Korea Exchange (KRX) announced on March 30 that it has identified 76 suspected violations related to short selling over the past year using its centralized monitoring system and ha
Korea

Retrial Begins in Lone Star’s KRW 168.2 Billion Tax Refund Lawsuit Against Korea

Photo courtesy of Yonhap News [Alpha Biz= Kim Sang Jin] A retrial has begun in Lone Star Funds’ lawsuit seeking the return of KRW 168.2 billion in taxes from the South Korean government and the Seoul Metropolitan Government.On March 19, the Seoul Hig

Korea

Nearly Half of Koreans Shift to Stocks, Funds and Gold After Loan Curbs

Photo courtesy of Yonhap News[Alpha Biz= Kim Sang Jin] Nearly one in two South Koreans is planning to invest in assets other than real estate following the government’s tightened lending regulations, according to a new survey.The IBK Economic Researc

Korea

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Naver to Monitor Abnormal Surge in User Reactions on Article Comments Ahead of Presidential Election: Paul Lee 04/29/2025 06:29 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Naver will begin monitoring abnormal surges in user reactions in article comments ahead o ...

IMF Forecasts South Korea’s GDP Ranking to Drop from 13th to 15th by 2030: Paul Lee 04/28/2025 03:37 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The International Monetary Fund (IMF) has projected that South Korea's Gross Domestic Pro ...

South Korea's Economy Contracts in Q1 Amid Domestic Weakness, Raising Concerns Over Annual Growth: Paul Lee 04/24/2025 08:46 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Seoul, April 24, 2025 — South Korea’s economy shrank in the first quarter of 2025, highli ...

KORAIL Secures 10-Year, 120 Billion KRW Contract for Operation and Maintenance of Manila MRT-7 Line: Paul Lee 04/23/2025 03:37 AM; Vice Minister Baek Won-guk of the Ministry of Land, Infrastructure, and Transport (left) and Vice Minister Giovanni Lopez of the P ...

Incheon International Airport Ranks Among World's Top 3 for International Passengers for the First Time: Kim Jisun 04/21/2025 01:23 AM; [Alpha Biz= Kim Jisun] For the first time since its opening, Incheon International Airport has been ranked among the top three air ...

Busan Police Officer Dies After Gun Accident During Shooting Training: Paul Lee 04/17/2025 03:40 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] A police officer from the Busan Metropolitan Police Agency's mobile unit, who was critic ...

S&P Maintains South Korea's Sovereign Credit Rating at 'AA'...Political Uncertainty Concerns: Paul Lee 04/16/2025 03:57 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The international credit rating agency Standard & Poor's (S&P) on Tuesday maintai ...

Moody’s Warns of Continued Uncertainty in South Korea Following Ouster of Former President Yoon Suk-yeol: Paul Lee 04/14/2025 03:46 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Global credit rating agency Moody’s has warned that political and economic uncertainty is ...

Won/Dollar Exchange Rate Hits Highest Level Since Financial Crisis: Paul Lee 04/09/2025 04:14 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] On Tuesday, the exchange rate for the Korean won against the U.S. dollar was displayed on ...

South Korea Urges Major Banks to Support Businesses Amid U.S.-Led Tariff Shock: Paul Lee 04/08/2025 05:16 AM; Financial Services Commission. (photo = Financial Services Commission)[Alpha Biz= Paul Lee] As concerns mount over the potential d ...

IT Services Quick to Update Following Constitutional Court’s Impeachment Ruling on President Yoon Suk-yeol: Kim Jisun 04/07/2025 03:35 AM; [Alpha Biz= Kim Jisun] Following the Constitutional Court's ruling to uphold the impeachment of President Yoon Suk-yeol, domestic ...

Seoul Metro to Bypass Anguk Station Due to Crowd Control Measures: Kim Jisun 04/04/2025 03:37 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Seoul Metro announced that Line 3 trains will skip Anguk Station from 4 PM on April 3 f ...

South Korea's GDP Most Affected by U.S.-China Demand Shocks, Bank of Korea Reports: Paul Lee 04/02/2025 05:49 AM; There are import and export containers stacked at Busan Port.(Photo = Yonhap News)[Alpha Biz= Paul Lee] South Korea has been found ...

Number of Crypto Investors in South Korea Exceeds 16 Million: Paul Lee 03/31/2025 07:06 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The number of cryptocurrency investors in South Korea has surpassed 16 million.According ...

Financial Supervisory Service Chief to Wrap Up Samboo Construction Stock Manipulation Case by April: Paul Lee 03/27/2025 07:39 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Eun Bok-hyun, the head of the Financial Supervisory Service (FSS), announced that the inv ...

Busan Southern Police Department Investigates Sexual Misconduct Allegations Against HUG Executive: 김지선 03/26/2025 04:15 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] The Busan Southern Police Department announced on the 25th that it has received a referr ...

North Korea Holds More Bitcoin Than Elon Musk’s Tesla, Reports CoinDesk: Paul Lee 03/24/2025 06:34 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] North Korea reportedly holds more Bitcoin than Tesla CEO Elon Musk, according to a report ...

Bank of Korea Rejects Inclusion of Bitcoin in Foreign Exchange Reserves: Paul Lee 03/17/2025 07:01 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The Bank of Korea has expressed a negative stance on including Bitcoin in the country's f ...

Korea Exchange Reports 98 Cases of Unfair Trading in 2023: Paul Lee 03/13/2025 03:00 AM; Photo = Korea Exchange[Alpha Biz= Paul Lee] The Korea Exchange (KRX) has revealed that a total of 98 cases of unfair trading were ...

KOTRA Reports Successful Business Outcomes for Korean Companies at MWC 2025: Kim Jisun 03/10/2025 07:18 AM; Photo Credit: Korea Trade-Investment Promotion Agency (KOTRA) [Alpha Biz= Kim Jisun] The Korea Trade-Investment Promotion Agency ( ...

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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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5: LG Energy Solution Seals KRW 25 Trillion Battery Alliance with Mercedes-Benz Across LFP and Next-Gen 46-Series

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