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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South Korea Misses Out Again on MSCI Developed Market Watchlist Inclusion: Paul Lee 06/25/2025 08:09 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] South Korea has once again failed to be included in Morgan Stanley Capital International’ ...

Business Leaders Nominated as Ministers in President Lee Jae-myung’s First Cabinet Line-up: Kim Jisun 06/24/2025 03:56 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] President Lee Jae-myung has unveiled his first cabinet nominations, with notable appoint ...

Hyundai Motor to Halt IONIQ 5 and Kona EV Production Again Amid Global EV Slump: Kim Jisun 06/24/2025 03:02 AM; Photo = Hyundai Motor[Alpha Biz= Kim Jisun] Hyundai Motor Company is set to suspend operations at its Ulsan Plant 1, Line 12 — the ...

President Lee Jae-myung to Skip NATO Summit in The Hague Due to Domestic and Global Priorities: Kim Jisun 06/23/2025 01:51 AM; President Lee Jae‑myung Opens Cabinet Meeting (Photo: Yonhap News)[Alpha Biz= Kim Jisun] SEOUL, June 22, 2025 — South Korean Presi ...

Seoul, Gyeonggi, and Incheon Subway Base Fare to Rise to KRW 1,550 Starting June 28: Kim Jisun 06/20/2025 03:55 AM; Photo caption: Seoul subway turnstiles. (Photo credit: Yonhap News)[Alpha Biz= Kim Jisun] SEOUL, June 19 – The Seoul Metropolitan ...

Korean Tax Authorities Failed to Levy Taxes on $680M in Fishing Vessel Buyback Payments Over 15 Years: Paul Lee 06/18/2025 07:58 AM; Photo = IRS[Alpha Biz= Paul Lee] South Korea's National Tax Service (NTS) failed to impose taxes on over KRW 900 billion (approx. ...

Bangladeshi National Arrested for Orchestrating Visa Fraud Scheme Using Fake U.S. Green Card Identities: Paul Lee 06/11/2025 09:17 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] INCHEON, South Korea — June 11, 2025 — A 42-year-old Bangladeshi national has been refer ...

Fire Breaks Out at Factory in Seoul’s Mullae-Dong; No Casualties Reported: Kim Jisun 06/09/2025 03:54 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] A fire broke out at a factory in Mullae-dong 3-ga, Yeongdeungpo District, Seoul, at app ...

South Korea’s Presidential Election Turnout Hits 77.8%, Surpassing 2022 Level: Kim Jisun 06/03/2025 01:12 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] As of 7 p.m. on June 3, South Korea’s nationwide voter turnout reached 77.8%, surpassing ...

Early Voting Begins for Korea’s 21st Presidential Election: Paul Lee 05/29/2025 07:26 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Early voting for the 21st presidential election in South Korea began at 6 a.m. on May 29 ...

Concerns Rise Over U.S. Drug Tariffs Following National Security Review, Korean Pharma Industry Urged to Prepare Proactive Strategies: Kim Jisun 05/22/2025 03:05 AM; Photo = KOTRA[Alpha Biz= Kim Jisun] With the U.S. Department of Commerce’s national security review of pharmaceuticals under the T ...

Korea to Overhaul Inheritance Tax System for the First Time in 75 Years: Major Tax Relief for Multi-Child Families: Paul Lee 05/21/2025 03:13 AM; [Alpha Biz= Paul Lee] The South Korean government has decided to overhaul its inheritance tax system for the first time in 75 year ...

South Korea to Invest KRW 180 Billion in Polymer-Based Solid-State Battery Development by 2028: Paul Lee 05/20/2025 06:12 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] On May 19, the Ministry of Trade, Industry and Energy (MOTIE) of South Korea announced it ...

Supreme Court Rules Fair Trade Commission’s Fines on Shipping Companies for Freight Rate Collusion Were Lawful: Kim Jisun 05/19/2025 03:05 AM; Exterior view of the Supreme Court of Korea in Seoul. (Photo: Yonhap News)[Alpha Biz= Kim Jisun] Seoul, May 18, 2025 — The Supreme ...

South Korean Government Postpones Decision on Google’s Request to Export High-Precision National Map Data: Paul Lee 05/15/2025 03:30 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Issued by: National Geographic Information Institute (NGII), Ministry of Land, Infrastruc ...

Korea Development Bank and Korea Growth Finance Announce 2025 Semiconductor Ecosystem Fund Contribution Plans: Paul Lee 05/14/2025 03:31 AM; Photo = Korea Development Bank[Alpha Biz= Paul Lee] On May 13, the Korea Development Bank (KDB) and Korea Growth Finance Corporati ...

Lee Jae-myung Leads Hypothetical Three-Way Presidential Race with Over 50% Support: Poll: Kim Jisun 05/12/2025 03:41 AM; Lee Jae-myung, a presidential primary candidate of the Democratic Party of Korea, waves to the crowd at the final regional primary ...

South Korea’s Stock Market Remains Undervalued Despite Earnings Growth: Paul Lee 05/08/2025 05:31 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Seoul, May 8, 2025 — South Korea's equity market continues to trade at a discount from a ...

Czech Court Halts KHNP's Final Contract Signing for Dukovany Nuclear Project Following EDF Objection: Kim Jisun 05/07/2025 07:59 AM; Photo courtesy of Korea Hydro & Nuclear Power[Alpha Biz= Kim Jisun] The final signing of Korea Hydro & Nuclear Power's (KH ...

South Korean Government to Suspend Route Allocations for Airlines Involved in Fatal Accidents: Paul Lee 04/30/2025 07:18 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] South Korea Announces Aviation Safety Overhaul Following Recent AccidentsSeoul, April 30, ...

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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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