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Korean Tax Authorities Failed to Levy Taxes on $680M in Fishing Vessel Buyback Payments Over 15 Years
Paul Lee 특파원 2025.06.18
[Alpha Biz= Paul Lee] South Korea's National Tax Service (NTS) failed to impose taxes on over KRW 900 billion (approx. USD 680 mil ...

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DHL Group to Invest Over €500 Million in the Middle East by 2030
Kim Jisun Reporter 2025.06.18
[Alpha Biz= Kim Jisun] DHL Group announced on June 17 that it will invest more than €500 million in the Middle East—particularly i ...

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KFTC Launches On-Site Probe into Alleged Egg Price Fixing by Layer Chicken Association
Kim Jisun Reporter 2025.06.17
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) has launched an on-site investigation into the Layer Chicken Associa ...

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South Korean Firms Issue Travel Warnings Amid Escalating Protests in Los Angeles
Kim Jisun Reporter 2025.06.16
[Alpha Biz= Kim Jisun] Amid escalating protests in Los Angeles sparked by a crackdown on undocumented immigrants, major South Kore ...

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Trump Signs Executive Order Approving Nippon Steel’s Acquisition of U.S. Steel
Kim Jisun Reporter 2025.06.16
[Alpha Biz= Kim Jisun] Former U.S. President Donald Trump signed an executive order on June 13 (local time) effectively permitting ...

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Foreign Investors Turn Net Buyers in Korean Stock Market After 10 Months
Paul Lee 특파원 2025.06.13
[Alpha Biz= Paul Lee] SEOUL, South Korea – June 12, 2025 — Foreign investors returned to net buying in the South Korean stock mark ...

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Bangladeshi National Arrested for Orchestrating Visa Fraud Scheme Using Fake U.S. Green Card Identities
Paul Lee 특파원 2025.06.11
[Alpha Biz= Paul Lee] INCHEON, South Korea — June 11, 2025 — A 42-year-old Bangladeshi national has been referred to prosecutors b ...

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Two Individuals Arrested and Charged for Extortion Against Tottenham Hotspur Captain Son Heung-min Over Alleged Pregnancy
Kim Jisun Reporter 2025.06.11
[Alpha Biz= Kim Jisun] A woman in her 20s and a man in his 40s have been arrested and charged with demanding a large sum of money ...

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Disney Finalizes Hulu Stake Purchase from Comcast with Additional $438.7 Million Payment
Paul Lee 특파원 2025.06.11
[Alpha Biz= Paul Lee] The Walt Disney Company, the U.S. media and entertainment giant, announced on June 9 (local time) that it ha ...

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U.S. Halts Nuclear Equipment Exports to China Ahead of June 9 Trade Talks
Kim Jisun Reporter 2025.06.09
[Alpha Biz= Kim Jisun] The U.S. Department of Commerce has suspended export licenses for nuclear power equipment to China, accordi ...

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Fire Breaks Out at Factory in Seoul’s Mullae-Dong; No Casualties Reported
Kim Jisun Reporter 2025.06.09
[Alpha Biz= Kim Jisun] A fire broke out at a factory in Mullae-dong 3-ga, Yeongdeungpo District, Seoul, at approximately 3:10 p.m. ...

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Tech Companies Raise U.S. Prices Amid Tariff Concerns; Global Ripple Effects Feared
Kim Jisun Reporter 2025.06.09
[Alpha Biz= Kim Jisun] As major smartphone manufacturers such as Samsung Electronics and Apple weigh potential price hikes in the ...

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Wemix Delisting Confirmed, Deepening Losses for Alpha Asset Management
Paul Lee 특파원 2025.06.08
[Alpha Biz= Paul Lee] Seoul, June 6 – The delisting of Wemix, the cryptocurrency that once fueled the stock surge of Wemade, has b ...

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Apple Challenges EU Order on Device Interoperability Under Digital Markets Act
Kim Jisun Reporter 2025.06.04
[Alpha Biz= Kim Jisun] Apple has filed a lawsuit against the European Commission over its order to enhance interoperability betwee ...

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Cartier Confirms Data Breach Affecting Customer Information
Kim Jisun Reporter 2025.06.04
[Alpha Biz= Kim Jisun] Cartier, the luxury brand under Richemont Group, has confirmed a data breach involving unauthorized access ...

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Toyota Motor to Acquire Parent Company Toyota Industries and Take It Private
Kim Jisun Reporter 2025.06.04
[Alpha Biz= Kim Jisun] Tokyo, June 3 – Toyota Motor Corporation has decided to acquire its founding parent company, Toyota Industr ...

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South Korea’s Presidential Election Turnout Hits 77.8%, Surpassing 2022 Level
Kim Jisun Reporter 2025.06.03
[Alpha Biz= Kim Jisun] As of 7 p.m. on June 3, South Korea’s nationwide voter turnout reached 77.8%, surpassing the final turnout ...

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Palantir Shares Surge Nearly 8% Following NYT Report on Deepening U.S. Government Ties
Paul Lee 특파원 2025.06.02
[Alpha Biz= Paul Lee] New York, May 30 (local time) — Shares of Palantir Technologies soared 7.73% to close at $131.78 on Thursday ...

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Baedal Minjok (Baemin) Announces Compensation Measures Following App Outage
Kim Jisun Reporter 2025.06.02
[Alpha Biz= Kim Jisun] Seoul, June 1 — Woowa Brothers, operator of South Korea’s leading food delivery platform Baedal Minjok (Bae ...

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KFTC Imposes Fine on Company for Bid-Rigging in Korea Electric Power Corporation’s Wood Pellet Procurement Tenders
Kim Jisun Reporter 2025.06.02
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) announced on June 1 that it has imposed corrective orders and a fine ...

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