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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"2,000 North Korean Troops Reportedly Heading to Western Russia After Training": Kim Jisun 10/25/2024 07:08 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] Approximately 2,000 North Korean troops, having completed training in Russia's ...

Kim Yo-jong Warns South Korea and Ukraine of Severe Consequences, Calls Them 'Mentally Deranged': Kim Jisun 10/23/2024 07:20 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Jisun] Kim Yo-jong, Deputy Director of North Korea’s Workers' Party, lashed out at S ...

North Korea's Troop Deployment to Russia Sparks Global Tensions and Fears of World War III: Kim Jisun 10/21/2024 10:43 PM; [Alpha Biz= Reporter Kim Jisun] North Korea's decision to deploy troops to support Russia in the Ukraine conflict is raising alarm ...

North Korea Installs GPS Trackers on 'Trash Balloons': Kim Jisun 10/14/2024 03:02 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Jisun] According to the Joint Chiefs of Staff on the 13th, some of the "trash balloo ...

300 Live Rounds Discovered at Incheon Airport Waste Facility, Police Investigating: Kim Jisun 09/03/2024 03:15 AM; [Alpha Biz= Reporter Kim Jisun] Police have launched an investigation after hundreds of live bullets were found at a waste collect ...

Customs Commissioner Denies Allegations of Interference in Drug Smuggling Investigation: Kim SangJin 08/21/2024 03:34 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Sangjin] On August 20, Customs Commissioner Ko Kwang-hyo addressed the allegations r ...

Lee Jae-myung Secures Landslide Victory in Final Primary with '92.43%' Vote Share in Seoul: Kim SangJin 08/19/2024 01:09 AM; [Alpha Biz= Reporter Kim Sangjin] In the final primary for the Democratic Party’s next leader, candidate Lee Jae-myung secured a d ...

Ministry of Land, Infrastructure, and Transport to Discuss 'Battery Information Disclosure' with Auto Manufacturers and Importers on the 13th: Kim SangJin 08/09/2024 03:26 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Ministry of Land, Infrastructure, and Transport to Discuss EV Battery Inform ...

South Korea Secures 30 Trillion KRW Czech Nuclear Power Plant Contract: "Largest in Czech Modern History": Kim Jisun 07/18/2024 02:56 AM; [Alpha Biz= Reporter Kim Jisun] Korea Hydro & Nuclear Power Selected as Priority Negotiation Partner for Czech Republic's 30 T ...

IMF has revised up South Korea's economic growth rate for this year to 2.5%.: Kim SangJin 07/17/2024 03:06 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] The International Monetary Fund (IMF) has upwardly revised South Korea's eco ...

Starting from August, gas prices will see an increase of 6.8%.: Kim Minyoung 07/08/2024 07:17 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Starting from August 1st, the wholesale gas prices for residential use are ...

North Korea violated military agreements at least 450 times in the first half of this year alone.: Kim Minyoung 07/03/2024 06:38 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Minyoung] North Korea has been confirmed to have violated military agreements approxi ...

North Korea's consecutive release of waste-filled balloons for two days has caused disruptions in the landing and takeoff of aircraft at Incheon International Airport: Kim SangJin 06/27/2024 03:52 AM; [Alpha Biz= Reporter Kim Sangjin] North Korea's consecutive release of waste-filled balloons for two days has caused disruptions i ...

The government is considering an increase in residential and commercial city gas rates, which are used for housing and commercial properties.: Kim Minyoung 06/24/2024 06:58 AM; [Alpha Biz= Reporter Kim Minyoung] The government is considering an increase in city gas rates for residential and commercial use. ...

The government will spend an additional 280 billion won on unpaid wages: Kim Minyoung 06/11/2024 06:21 AM; Choi Sang-mok, Minister of Strategy and Finance (photo = Yonhap News)[Alpha Biz= Reporter Kim Minyoung] The government will expand ...

In 100 years, the population of South Korea is projected to drop below 20 million.: Kim Jisun 06/07/2024 06:11 AM; [Alpha Biz= Reporter Kim Sangjin] Rapidly declining birth rates and an aging population are predicted to exacerbate population dec ...

North Korea has announced a temporary halt to the distribution of balloons carrying trash and other materials into South Korea.: Kim Minyoung 06/03/2024 05:09 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Minyoung] North Korea announced on the 2nd that it would temporarily suspend the dis ...

The National Pension Service plans to decrease its domestic stock holdings and increase its investment in overseas stocks.: Kim Minyoung 06/03/2024 04:55 AM; (Photo= Yonhap news) [Alpha Biz= Reporter Kim Minyoung] The National Pension Service is increasing its allocation to overseas stoc ...

The Korea Exchange estimated that it will take at least 10 months to build the short selling computer system.: Kim Jisun 05/28/2024 04:25 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] According to Jung Eun-bo, the Chairman of the Korea Exchange, it is expected t ...

North Korea experienced a failure in the launch of a military reconnaissance satellite when the first stage of a new rocket exploded mid-flight.: Kim SangJin 05/28/2024 04:03 AM; North Korean reconnaissance satellite 'Manrikyung-1' launched last year (photo = Yonhap News) [Alpha Biz= Reporter Kim Sangjin] No ...

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Headline

K-Pop Stars Shine at Met Gala in New York

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