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KFTC Reports Most Frequent Contacts With Kim & Chang Among Law Firms, Hanjin Group Among Corporates in H1 2025
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — The Korea Fair Trade Commission (KFTC) had the most frequent external contacts in the firs ...

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Korean Carmakers Halt U.S. EV Exports Amid Tariff Pressures; Hyundai Motor Group Turns to Local Production and Europe
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — South Korea’s leading automakers, led by Hyundai Motor Group, have effectively suspended e ...

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Dongkuk Steel Withdraws from Acquisition of Hyundai IFC
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Dongkuk Steel announced on August 22 that it has decided not to proceed with the acquisition of Hyundai IFC, ...

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Earnings Outlook for Korean Listed Firms Deteriorates in Q3; 60% Face Downgraded Estimates
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] SEOUL, Aug. 24 – The earnings outlook for Korean listed companies is weakening as a majority face downward r ...

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Hanwha Ocean to Invest Additional $70 Million in Philadelphia Shipyard to Boost Capacity Tenfold by 2035
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] Hanwha Ocean announced plans to invest at least $70 million (approx. KRW 94.5 billion) in its U.S. subsidia ...

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Woori Bank Reports KRW 2.4 Billion Financial Incident, Following Earlier Overseas Case
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 23, 2025 – Woori Bank announced that it has uncovered a financial incident amounting to approx ...

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FSS Imposes Fines on KB Insurance and AIG Korea for Excess Premium Charges
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 23, 2025 – The Financial Supervisory Service (FSS) has imposed fines on KB Insurance and AIG K ...

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Lotte Halts $2.7 Billion Eco Smart City Project in Ho Chi Minh City
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] Seoul, August 21, 2025 – Lotte Group has officially notified the Ho Chi Minh City People’s Committee that i ...

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KB Asset Management to Exit China with Planned Liquidation of Shanghai Subsidiary
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Seoul, August 24, 2025 – KB Asset Management announced plans to wind down its Shanghai-based subsidiary with ...

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Samsung Pay Experiences One-Hour Shinhan Card Payment Outage — Fourth Service Disruption This Year
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] SEOUL, Aug. 24 — Samsung Electronics confirmed that its mobile payment platform Samsung Pay experienced a on ...

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Korean Banks Post Record Profits While Workforce Shrinks Amid AI Adoption
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — Despite reporting record profits, South Korea’s four major commercial banks are steadily r ...

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Harman Sells Digital Transformation Solutions (DTS) Business to Wipro to Sharpen Focus on Core Automotive and Audio Segments
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21, 2025 – Harman International, a wholly owned subsidiary of Samsung Electronics specializing ...

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CJ Logistics Withdraws Appeal in Damages Lawsuit Against Courier Union, Nullifying Claims
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, Aug. 21 — CJ Logistics announced it has withdrawn its appeal in a damages lawsuit filed against the ...

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Seven in Ten Consumers Report Fatigue from KakaoTalk Advertising Messages
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] SEOUL, August 21 – A recent survey has found that Kakao’s advertising message service is causing significan ...

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Lotte Chemical Recognizes Nearly KRW 19 Billion Impairment Loss on Joint Venture Lotte Versalis Elastomers
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] Seoul, August 21, 2025 – Lotte Chemical announced that it has recognized an impairment loss of KRW 18.8 bill ...

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Samsung Biologics Secures Preliminary Approval for Spin-Off and Relisting of Samsung Epis Holdings
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21, 2025 – Samsung Biologics announced today that it has received preliminary approval from th ...

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Winix Faces KRW 11.13 Billion Tax Penalty After Corporate Audit
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] SEOUL, August 21 – Winix Co., Ltd. (KOSDAQ: 044340) has been hit with a significant tax adjustment following ...

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Homeplus Warns of KRW 80 Billion Annual Loss Without Rent Adjustments; Moves to Close 15 Stores
Reporter Paul Lee 2025.08.22
[Alpha Biz= Paul Lee] Seoul, August 21, 2025 — Homeplus, currently under corporate restructuring, announced that failure to secure ...

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Yuanta Securities Remains the Only Retirement Pension Provider Maintaining Lump-Sum Severance Payment System
Reporter Kim Jisun 2025.08.22
[Alpha Biz= Kim Jisun] Yuanta Securities has been found to be the only retirement pension provider in Korea still operating a trad ...

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