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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National Pension Service Opposes Apple's Board Chair Appointment Amid Concerns Over Long Tenure: Paul Lee 03/04/2025 02:34 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The National Pension Service (NPS) recently exercised its voting rights to oppose the app ...

North Korea Remains on FATF's Blacklist for 15th Consecutive Year: Paul Lee 02/24/2025 03:12 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] North Korea has been maintained on the Financial Action Task Force (FATF)'s blacklist for ...

South Korea to Impose Up to 38% Provisional Anti-Dumping Tariff on Chinese Steel Plates: Kim Jisun 02/21/2025 05:18 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] The South Korean government has decided to impose a provisional anti-dumping tariff of ...

Results of the Deep-Sea Gas Field Exploration at 'King Whale' in the East Sea Show Gas Signs, but Lack Economic Viability: Kim Jisun 02/07/2025 03:10 AM; West Capella preparing for work at the King Whale prospective structure. (Photo: Korea National Oil Corporation)[Alpha Biz= Kim Ji ...

South Korea’s Exports Drop 10.3% in January 2025 Amid Lunar New Year Impact: Kim Jisun 02/03/2025 03:44 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] South Korea's exports in January 2025 fell by 10.3% compared to the same month last year ...

National Pension Premiums to Increase by Up to 18,000 KRW Starting This July: Kim SangJin 01/31/2025 08:51 AM; Photo = Yonhap news[Alpha Biz= Kim Sangjin] Starting this July, the monthly premium for the National Pension will rise by up to 18 ...

Business Sentiment Index for February Falls to 87.0, Non-Manufacturing Sectors Hit Hard: Kim SangJin 01/22/2025 07:24 AM; Photo = Yonhap news[Alpha Biz= Kim Sangjin] The Korea Economic Association (KEF) announced on the 22nd that the Business Survey In ...

Bank of Korea Revises 2025 Growth Forecast Downward Due to Martial Law Impact: Kim SangJin 01/21/2025 08:43 AM; Photo = Yonhap news[Alpha Biz= Kim Sangjin] According to the Bank of Korea (BOK), the BOK's Economic Research Department estimates ...

Financial Supervisory Service Increases Inspection Efforts at IBK Industrial Bank Following 24 Billion Won Financial Scandal: Kim SangJin 01/15/2025 07:47 AM; [Alpha Biz= Kim Sangjin] The Financial Supervisory Service (FSS) has sent additional personnel to IBK Industrial Bank, which is cu ...

FTC Issues Warning to Coupang for Omitting Relatives in Corporate Group Designation Process: Kim Jisun 01/14/2025 02:50 AM; [Alpha Biz= Kim Jisun] The Fair Trade Commission (FTC) has imposed a warning on Coupang and its Chairman, Kim Beom-seok, for submi ...

Jeju Air Black Boxes Fail to Record Data for 4 Minutes Before Accident: Kim SangJin 01/13/2025 03:47 AM; [Alpha Biz= Kim Sangjin] It was confirmed that the black boxes of the Jeju Air flight, consisting of the Flight Data Recorder (FDR ...

Court Rejects President Yoon Suk-yeol’s Objection to Search and Seizure Warrant Execution: Kim Jisun 01/06/2025 03:00 AM; [Alpha Biz= Kim Jisun] A court has dismissed an objection filed by President Yoon Suk-yeol's legal team, requesting the suspension ...

Korean Aviation Authorities Warn of Potential Flight Grounding Amid Investigation into Jeju Air Crash: Kim Jisun 01/03/2025 03:12 AM; [Alpha Biz= Kim Jisun] In connection with the tragic crash of Jeju Air flight 7C2216 at Muan International Airport in Jeollanam-do ...

Ministry of Land, Infrastructure and Transport Launches Nationwide Safety Facility Inspection Following Muan Airport Tragedy: Kim SangJin 01/02/2025 02:58 AM; [Alpha Biz= Kim Sangjin] The Ministry of Land, Infrastructure, and Transport (MOLIT) has begun a nationwide investigation into avi ...

Prosecutors Request Arrest Warrant for 'Geonjin Beopsa' Over Illegal Political Funds: Kim Jisun 12/18/2024 10:13 PM; Photo = Yonhap news[Alpha Biz= Reporter Kim Jisun] The Seoul Southern District Prosecutors’ Office's Joint Investigation Unit on V ...

Companies with Large Investments in the U.S. on High Alert for Exchange Rate Risks: Kim Jisun 12/10/2024 04:12 AM; Photo = Yonhap news[Alpha Biz= Reporter Kim Jisun] On the 9th, the exchange rate for the Korean won against the U.S. dollar opene ...

Police Launch Search on Former Defense Minister Kim Yong-hyun's Residence and Office: Kim Jisun 12/09/2024 01:05 AM; Photo = Yonhap news [Alpha Biz= Reporter Kim Jisun] Police have initiated a forceful investigation into Kim Yong-hyun, the former ...

"North Korea's GPS Jamming Incidents Exceed 300 in November": Kim Jisun 11/11/2024 08:18 AM; Photo= Yonhap news[Alpha Biz= Reporter Kim Jisun] The South Korean government has announced that North Korea's GPS jamming activit ...

Trump's Election Pushes Dollar-Won Exchange Rate Above 1400, Hitting 7-Month High: Kim SangJin 11/07/2024 03:49 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] The dollar-won exchange rate surpassed 1,400 won following the election of f ...

Presidential Office: Discussing Korean Companies' Participation in Canada's Submarine Project Worth Up to 60 Trillion Won: Kim Jisun 10/31/2024 03:07 AM; President Yoon Suk-yeol Shakes Hands with Canadian Prime Minister Justin Trudeau at NATO Summit in Washington [Alpha Biz= Reporter ...

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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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1: KOSPI Rally Drives Margin Debt to Record High, Raising Volatility Concerns

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3: SK Group to Buy Back SK ecoplant Shares from FIs for KRW 1.05 Trillion Amid IPO Delays

4: Hanwha Vision Profit Slumps in Q1 on Semiconductor Equipment Gap

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

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