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HUG System Failure Halts Mortgage Guarantee Services for Eight Hours
Paul Lee 특파원 2025.04.01
[Alpha Biz= Paul Lee] A system failure at the Housing and Urban Guarantee Corporation (HUG) caused an eight-hour disruption in gua ...

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Luxury E-Commerce Platform Balaan Halts Payment Services Amid Settlement Controversy
Kim Jisun 2025.03.31
[Alpha Biz= Kim Jisun] Luxury online platform Balaan has completely suspended its payment services following controversy over dela ...

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Foreign Banks in Korea Reported 1.78 Trillion Won Net Profit in 2023
Paul Lee 특파원 2025.03.27
[Alpha Biz= Paul Lee] Foreign banks operating in South Korea earned a net profit of 1.78 trillion won in 2023, marking an increase ...

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Rising Food Prices: Beer, Dairy, and Instant Noodles See Increases
Kim Jisun 2025.03.24
[Alpha Biz= Kim Jisun] Following the recent price hike in instant noodles, the cost of processed foods such as beer and dairy prod ...

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Ottogi to Raise Instant Noodle Prices by an Average of 7.5% Starting Next Month
Paul Lee 특파원 2025.03.21
[Alpha Biz= Paul Lee] Ottogi announced on Thursday that it will increase the factory prices of 16 types of instant noodles, includ ...

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KOSPI Trading Halt Due to System Glitch Linked to 'Mid-Price Quote'
Paul Lee 특파원 2025.03.19
[Alpha Biz= Paul Lee] A system glitch that occurred in the KOSPI market on Tuesday (18th) was found to be related to the recently ...

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40% of Domestic Stockholders Own Samsung Electronics, with Large Shareholders in Gangnam, Seoul
Paul Lee 특파원 2025.03.18
Photo = Samsung Electronics [Alpha Biz= Paul Lee] As of the end of last year, 40% of domestic stockholders held shares in Samsung ...

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20s Employee of Incheon Airport Subsidiary Dies After Fall from Parking Tower
Kim Jisun 2025.03.17
[Alpha Biz= Kim Jisun] A man in his 20s, employed by a subsidiary of Incheon International Airport Corporation, has died after fal ...

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Chinese E-commerce Platform Temu Faces Scrutiny for Collecting Sensitive Data from Korean Sellers
Kim Jisun 2025.03.13
[Alpha Biz= Kim Jisun] Temu, the Chinese e-commerce platform that has announced its direct entry into the South Korean market, has ...

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Top 10 Construction Firms Cut 1,400 Jobs Amid Industry Slump
Kim Jisun 2025.03.10
[Alpha Biz= Kim Jisun] Despite efforts to maintain employment levels during the construction industry downturn, even the top 10 co ...

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Economic Uncertainty Weighs on South Korean Corporations, Funding Conditions Deteriorate
Kim Jisun 2025.03.07
[Alpha Biz= Kim Jisun] Three out of ten major South Korean corporations reported a deterioration in their financial conditions com ...

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Financial Authorities Impose Over 635 Billion KRW in Fines for Illegal Short Selling Ahead of Full Reopening
Paul Lee 특파원 2025.03.06
[Alpha Biz= Paul Lee] As the full resumption of short selling is set for March 31, financial authorities have imposed fines totali ...

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Daol Private Equity Acquires Golf Grip Manufacturer Lamkin
Paul Lee 특파원 2025.03.05
[Alpha Biz= Paul Lee] Daol Private Equity (Daol PE) has acquired Lamkin, the second-largest global player in the golf grip market, ...

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Worker Dies at Construction Site in Seoul, Investigation Launched Under Serious Accident Punishment Act
Kim Jisun 2025.03.04
[Alpha Biz= Kim Jisun] A fatal accident occurred at a construction site in Seoul, where a worker in his 50s died, prompting labor ...

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Korean Regulator Investigates OpenAI’s ChatGPT for Potential Telecom Law Violations
Kim Jisun 2025.02.28
[Alpha Biz= Kim Jisun] The Korea Communications Commission (KCC) has launched an investigation into OpenAI’s usage restrictions on ...

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Government Announces Measures to Curb Auto Insurance Fraud and Lower Premiums
Paul Lee 특파원 2025.02.27
[Alpha Biz= Paul Lee] To break the cycle of rising auto insurance premiums caused by fraudulent claims, the Ministry of Land, Infr ...

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CJ Foodville’s Tous Les Jours to Increase Prices of Bakery and Cake Products Starting March 1
Kim Jisun 2025.02.26
[Alpha Biz= Kim Jisun] Tous Les Jours, a bakery franchise operated by CJ Foodville, will increase the prices of its bread and cake ...

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Over 1,000 Bank Branches Closed in South Korea Over the Past Five Years
Paul Lee 특파원 2025.02.25
[Alpha Biz= Paul Lee] More than 1,000 offline bank branches have shut down in South Korea over the past five years, with the count ...

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Innovation Drives Korean Investors to Favor U.S. Capital Markets
Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] As public interest in U.S. capital markets continues to grow, a recent survey revealed that the primary rea ...

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Audit Reveals Korea Railroad Corporation Employees Promoted Despite DUI Offenses
Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] A case has come to light in which an employee of the Korea Railroad Corporation (Korail) was promoted despi ...

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