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Won Hits Highest Level Since Global Financial Crisis on Strong Dollar, Closes Lower After Verbal Intervention
Reporter Paul Lee 2026.06.09
[Alpha Biz= Paul Lee] The Korean won weakened to its highest level against the U.S. dollar since the global financial crisis, driv ...

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Regulators Considered Conditional Approval for Samsung Securities’ Promissory Note Business Before Review Suspension
Reporter Kim Jisun 2026.06.08
[Alpha Biz= Ellie Kim] South Korea’s financial authorities had considered granting conditional approval for Samsung Securities to ...

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Jeju Air Flight Delayed Over Mechanical Issue at Weihai Airport
Reporter Kim Jisun 2026.06.08
[Alpha Biz= Kim Jisun] A Jeju Air passenger aircraft scheduled to depart from Weihai, China, to Incheon has been delayed after a m ...

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President Lee to Meet Top State Officials Amid Fallout from Ballot Shortage in Local Elections
Reporter Kim Jisun 2026.06.08
[Alpha Biz= Kim Jisun] Amid growing fallout from the ballot shortage during the June 3 local elections, President Lee Jae-myung i ...

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Kakao CEO Jeong Shin-a Faces First Major Crisis as Labor Union Plans Strike
Ellie Kim 인턴기자 2026.06.08
[Alpha Biz= Ellie Kim] Jeong Shin-a, CEO of Kakao, is facing her biggest challenge since taking office, as escalating labor disput ...

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Funeral Services Conclude for Workers Killed in Hanwha Aerospace Explosion as Probe Intensifies
Ellie Kim 인턴기자 2026.06.08
[Alpha Biz= Ellie Kim] Funeral services for workers killed in an explosion at the Daejeon facility of Hanwha Aerospace were comple ...

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Homeplus Sees 2,600 Job Losses Amid Restructuring; Thousands More at Risk
Ellie Kim 인턴기자 2026.06.08
[Alpha Biz= Ellie Kim] Homeplus, currently undergoing rehabilitation proceedings, has seen approximately 2,600 employees leave the ...

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[Exclusive] Korea Investment & Securities Revises Report on Hyundai Motor Group Pressure Over Boston Dynamics IPO Comment
김영택 기자 2026.06.08
[Alpha Biz= Kim Young Taek & Kim Jihyun] SEOUL, June 8 — Remarks by Song Ho-sung, CEO of Kia, suggesting a potential 2028 init ...

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Bithumb Compensates $2.5 Million for Bitcoin Misdelivery Error; Upbit Paid $790,000 After Hack
Ellie Kim 인턴기자 2026.06.08
[Alpha Biz= Ellie Kim] Bithumb has compensated approximately 2.5 billion won (about $2 million) following a Bitcoin misdelivery in ...

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[Exclusive] Samsung Electronics Drops Plan for SiC Power Semiconductor Foundry Business
이준현 기자 2026.06.08
[Alpha Biz= Lee Joonhyun] SEOUL, June 8 — Samsung Electronics has internally decided to scrap its plan to enter the silicon carbid ...

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Korean Retail Investors Dump Over $1 Billion in U.S. Stocks in Early June, Extending Three-Month Selling Streak
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] South Korean retail investors, often referred to as “Seohak Ants,” sold more than 1 trillion won (over $1 bi ...

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Carlyle to Acquire Chungho Nice in $1 Billion Deal Following Founder’s Passing
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] U.S.-based private equity firm The Carlyle Group has agreed to acquire a controlling stake in Chungho Nice, ...

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BGF Networks Reports Personal Data Breach in CU Convenience Store Delivery Service
Reporter Kim Jisun 2026.06.08
[Alpha Biz= Kim Jisun] SEOUL, June 8 — BGF Networks, which operates the CU convenience store parcel service, confirmed that a cybe ...

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Koreans’ Overseas Card Spending Holds Steady in Q1 as Travel Rises but Online Purchases Decline
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] Overseas card spending by South Korean residents remained largely unchanged in the first quarter of 2026, as ...

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FSS Begins Review of Mirae Asset Securities’ SpaceX Share Subscription Sales
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] South Korea’s Financial Supervisory Service (FSS) has launched a review of Mirae Asset Securities over its s ...

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Jensen Huang Joins Korean Business Leaders for ‘K-Food’ Gathering in Seoul
Reporter Kim Jisun 2026.06.08
[Alpha Biz= Kim Jisun] SEOUL, June 8 — Jensen Huang, CEO of NVIDIA, continued his evening with South Korea’s top business leaders ...

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Insider Trading Suspicions Emerge at Upbit Over Alleged Pre-Listing Coin Purchases
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] Allegations of information leakage surrounding token listings have emerged at Upbit, the country’s largest c ...

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Starbucks HQ Issues Apology to May 18 Groups Over ‘Tank Day’ Controversy
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] Starbucks headquarters has issued an official apology to organizations representing victims of the May 18 De ...

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South Korea to Crack Down on Speculative FX Trading as Won Weakens to 1,560 per Dollar
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] The South Korean government has vowed to take strict action against speculative trading and market-disruptin ...

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Samsung Medison Wins Supply Deals with Cleveland Clinic and Mayo Clinic, Marking Breakthrough in U.S. Market
Reporter Paul Lee 2026.06.08
[Alpha Biz= Paul Lee] Samsung Medison, a medical device subsidiary of Samsung Electronics, has secured supply agreements with two ...

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