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Financial Supervisory Service Advises on Consumer Precautions for Credit Card Fraud and Lost Cards
Paul Lee 특파원 2025.05.20
[Alpha Biz= Paul Lee] Mr. Lee suffered unauthorized charges amounting to approximately 6 million KRW after losing his credit card ...

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Jensen Huang, CEO of Nvidia, Announces AI Supercomputer Project in Taiwan
Kim Jisun Reporter 2025.05.20
[Alpha Biz= Kim Jisun] On May 19, Nvidia CEO Jensen Huang announced plans to build a supercomputer and related infrastructure in T ...

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Spain Orders Airbnb to Remove 65,000 Listings Over Regulatory Violations
Kim Jisun Reporter 2025.05.20
[Alpha Biz= Kim Jisun] The Spanish government has ordered short-term rental platform Airbnb to remove 65,000 listings from its sit ...

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Sudden Bankruptcy of Online Tutoring Platform 'TOPCLASS EDUEYE' Triggers Major Fallout for Students, Parents, and Instructors
Kim Jisun Reporter 2025.05.19
[Alpha Biz= Kim Jisun] The abrupt bankruptcy of TOPCLASS EDUEYE, a remote online education platform, has left hundreds of students ...

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Supreme Court Rules Fair Trade Commission’s Fines on Shipping Companies for Freight Rate Collusion Were Lawful
Kim Jisun Reporter 2025.05.19
[Alpha Biz= Kim Jisun] Seoul, May 18, 2025 — The Supreme Court of Korea has upheld the legality of the Fair Trade Commission’s (KF ...

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Moody’s Downgrades U.S. Credit Rating Over Mounting Debt Concerns
Paul Lee 특파원 2025.05.19
[Alpha Biz= Paul Lee] Moody’s, one of the world’s top three credit rating agencies, has downgraded the United States’ sovereign cr ...

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Majority of Koreans Support Tobacco Companies Bearing Medical Costs for Lung Cancer Patients
Kim Jisun Reporter 2025.05.16
[Alpha Biz= Kim Jisun] Ahead of the final hearing in the appeals trial for a KRW 50 billion damages lawsuit filed by the National ...

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Actress Hwang Jung-eum Stands Trial for Embezzlement Linked to Cryptocurrency Investment
Paul Lee 특파원 2025.05.16
[Alpha Biz= Paul Lee] South Korean actress Hwang Jung-eum appeared in court on May 15 on charges of embezzling company funds to in ...

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Taiwan Strengthens U.S. Trade Strategy by Appointing Former TSMC Legal Counsel to Key Negotiation Role
Kim Jisun Reporter 2025.05.15
[Alpha Biz= Kim Jisun] Taiwan has reinforced its trade strategy with the United States by appointing a former executive from TSMC, ...

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South Korean Government Postpones Decision on Google’s Request to Export High-Precision National Map Data
Paul Lee 특파원 2025.05.15
[Alpha Biz= Paul Lee] Issued by: National Geographic Information Institute (NGII), Ministry of Land, Infrastructure and Transport ...

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FSC Finalizes Amendments to External Audit Law to Incentivize Strong Audit Governance
Paul Lee 특파원 2025.05.15
[Alpha Biz= Paul Lee] Seoul, May 14, 2025 — The Financial Services Commission (FSC) of Korea announced today the finalization of a ...

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Nissan Announces Massive Restructuring Plan, Doubling Job Cuts to 20,000
Kim Jisun Reporter 2025.05.14
[Alpha Biz= Kim Jisun] Nissan Motor Co. has unveiled a sweeping restructuring plan that includes cutting 20,000 jobs globally—doub ...

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Apple Considers Price Increase for iPhone 17 Series Amid Production Shifts
Paul Lee 특파원 2025.05.14
[Alpha Biz= Paul Lee] Apple is reportedly considering a price hike for its upcoming iPhone 17 series, which is expected to launch ...

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Korea Development Bank and Korea Growth Finance Announce 2025 Semiconductor Ecosystem Fund Contribution Plans
Paul Lee 특파원 2025.05.14
[Alpha Biz= Paul Lee] On May 13, the Korea Development Bank (KDB) and Korea Growth Finance Corporation (KGF) announced the opening ...

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Dior Discloses Data Breach Affecting Customer Information
Kim Jisun Reporter 2025.05.14
[Alpha Biz= Kim Jisun] Luxury fashion house Dior confirmed on May 13 that it suffered a data breach earlier this month, affecting ...

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Bloomberg reported on the 11th (local time) that Asian currencies, including the South Korean won, are in an undervalued zone.
Paul Lee 특파원 2025.05.13
[Alpha Biz= Paul Lee] According to data compiled by Bloomberg, the South Korean won, Indonesian rupiah, Brazilian real, Taiwan dol ...

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Panasonic to Cut 10,000 Jobs as Part of Major Restructuring Drive
Kim Jisun Reporter 2025.05.12
[Alpha Biz= Kim Jisun] Panasonic Holdings has announced a sweeping restructuring plan that includes cutting approximately 10,000 j ...

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Lee Jae-myung Leads Hypothetical Three-Way Presidential Race with Over 50% Support: Poll
Kim Jisun Reporter 2025.05.12
[Alpha Biz= Kim Jisun] A recent poll released on May 11 shows Lee Jae-myung of the Democratic Party of Korea leading a hypothetica ...

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Korean Pharmaceutical Companies Accelerate Eco-Friendly Management Initiatives
Kim Jisun Reporter 2025.05.12
[Alpha Biz= Kim Jisun] A growing wave of eco-friendly management is sweeping through the Korean pharmaceutical industry, as compan ...

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U.S. Government to Strengthen Surprise Inspections of Overseas Pharmaceutical Manufacturing Facilities
Kim Jisun Reporter 2025.05.12
[Alpha Biz= Kim Jisun] The U.S. government has announced plans to intensify surprise inspections of overseas pharmaceutical manufa ...

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