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Meta Invests 77% of Revenue in AI—Kakao Lags Behind at Just 3.6%
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] South Korea’s major tech companies are significantly trailing their U.S. counterparts in terms of investment ...

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Over 5,000 Insurance Claims Filed After Massive Wildfires in South Korea’s Gyeongbuk and Gyeongnam Regions
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] More than 5,000 insurance claims have been filed in the wake of massive wildfires that recently swept throug ...

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Shinhan Financial Group Announces KRW 3 Trillion Share Buyback and Burn by 2027, KRW 1.1 Trillion Dividend for 2024
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Shinhan Financial Group has announced plans to buy back and retire KRW 3 trillion worth of its own shares by ...

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Coway Sues Cuckoo Homesys Over Alleged Design Infringement of Ice Water Purifier
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Coway has filed a lawsuit against Cuckoo Homesys, claiming that the latter infringed on the design of its ic ...

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Daishin Securities Lowers Target Price for CJ Logistics on Weak Q1 Outlook, Maintains ‘Buy’ Rating
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] Daishin Securities has revised its target price for CJ Logistics downward from 130,000 KRW to 110,000 KRW, ...

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Lotte Corporation Acquires DTC Genetic Testing Firm Theragen Health as Subsidiary
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] Lotte Corporation announced on the 11th that it has incorporated Theragen Health, a company specializing in ...

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LG Electronics to Expand U.S. Manufacturing with New Appliance Line in Tennessee
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] LG Electronics is planning to add a new home appliance production line—including refrigerators—at its facto ...

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MBK Partners Chairman Personally Guarantees $44 Million Loan for Struggling Homeplus—Critics Say It’s Not Enough
Reporter Paul Lee 2025.04.14
[Alpha Biz= Paul Lee] Byung-Joo Kim, Chairman of MBK Partners and the majority shareholder of South Korean retail chain Homeplus, ...

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POSCO May Join Hyundai’s U.S. Steel Plant Project as External Investor
Reporter Kim Jisun 2025.04.14
[Alpha Biz= Kim Jisun] POSCO Group is reportedly considering joining Hyundai Motor Group’s planned U.S.-based steel mill project a ...

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WEMIX Foundation Responds to Delisting Risk Following Hack: “Actively Communicating with DAXA”
Reporter Kim Jisun 2025.04.13
[Alpha Biz= Kim Jisun] The WEMIX Foundation, facing the risk of delisting from domestic cryptocurrency exchanges after a recent ha ...

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HD Hyundai Group Considers Acquiring Subic Shipyard in the Philippines to Expand Southeast Asian Production Base and Enter U.S. Navy MRO Business
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] HD Hyundai Group is considering the acquisition of the Subic Shipyard in the Philippines to expand its South ...

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E-Mart to Buy Back and Cancel 28,000 Shares Worth 37.2 Billion KRW to Enhance Corporate Value
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] E-Mart announced on Thursday that it has decided to buy back and cancel 28,000 shares of its common stock, w ...

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T'way Air Ordered to Compensate Passengers Over Prolonged Flight Delay to Osaka
Reporter Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] Passengers who filed a lawsuit against T'way Air over a prolonged departure delay on a flight to Osaka last ...

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Concerns Grow Over 'Free-Riding' on South Korea's Internet Infrastructure by Global Tech Giants
차혜영 기자 2025.04.11
[Alpha Biz= Cha Hye Young] As traffic from global big tech companies continues to surge in South Korea, concerns are mounting over ...

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Hyundai Steel Reaches Tentative Wage Deal With Labor Union
Reporter Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] Hyundai Steel and its labor union have reached a tentative agreement on wage negotiations and collective ba ...

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Kakao Pay Files Administrative Lawsuit Over Personal Data Transfer Sanctions
Reporter Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] Kakao Pay has filed an administrative lawsuit challenging the sanctions imposed by the Personal Information ...

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Lotte Asahi Beverages Reports Higher Revenue but Declining Operating Profit Due to Increased Dividends and Advertising Expenses
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] Lotte Asahi Beverages, which distributes Asahi beer in South Korea, saw an increase in sales last year as th ...

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Jin Air Plane Loses Fuselage Panel Mid-Flight, Raising Maintenance Concerns
Reporter Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] A Jin Air passenger aircraft experienced an in-flight incident in which a fuselage panel detached from the ...

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LS Cable Wins $150 Million High-Voltage Cable Contract from Singapore
Reporter Kim Jisun 2025.04.11
[Alpha Biz= Kim Jisun] LS Cable & System announced Thursday that it has secured a high-voltage cable supply contract worth app ...

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Financial Supervisory Service and Deposit Insurance Corporation to Conduct Joint Inspection of KakaoBank
Reporter Paul Lee 2025.04.11
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) and the Korea Deposit Insurance Corporation (KDIC) are set to conduc ...

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