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Kumho Construction Apologizes After Fatal Accident at Dongbuk Line Construction Site
Reporter Paul Lee 2025.12.30
[Alpha Biz= Paul Lee] Kumho Construction issued an apology following a fatal accident at the Dongbuk Line construction site in Jeg ...

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Government Calls for Contract Termination Fee Waivers Following KT Data Breach; LG Uplus Referred to Police
Reporter Kim Jisun 2025.12.30
[Alpha Biz= Kim Jisun] The South Korean government has concluded that KT should waive early termination fees for all customers fol ...

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Korean Air Employee Data Breach Reported Following Asiana Airlines Incident
Reporter Paul Lee 2025.12.30
[Alpha Biz= Kim Jisun] Following Asiana Airlines, Korean Air has confirmed that the personal information of its employees was rece ...

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Fair Trade Commission May Review Kim Beom-seok’s Ultimate Owner Status if Brother Involved in Coupang Management
Reporter Paul Lee 2025.12.30
[Alpha Biz= Paul Lee] According to an exclusive report by Digital Times, the Korea Fair Trade Commission (KFTC) has indicated that ...

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L&F’s ₩3.83 Trillion Cathode Supply Deal with Tesla Slashed to ₩9.7 Million
Reporter Kim Jisun 2025.12.30
[Alpha Biz= Kim Jisun] South Korean battery materials maker L&F disclosed on the 29th that its cathode material supply contrac ...

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Hanwha Aerospace Signs ₩5.6 Trillion Third Export Contract for Chunmoo Rocket Systems with Poland
Reporter Kim Jisun 2025.12.30
[Alpha Biz= Kim Jisun] Hanwha Aerospace announced on the 29th (local time) that it has signed a ₩5.6 trillion (approximately USD 4 ...

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Kim Yoo-seok, Coupang Delivery VP and Chairman’s Brother, Earns $14 Million in Total Compensation
Reporter Paul Lee 2025.12.29
[Alpha Biz= Paul Lee] Kim Yoo-seok, Vice President in charge of Delivery Camp Management at Coupang and younger brother of Coupang ...

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Korea’s Financial Regulator Accused of Interfering in Accounting Standards Chief Appointment
Reporter Paul Lee 2025.12.29
[Alpha Biz= Paul Lee] Allegations have emerged that the Financial Supervisory Service (FSS) intervened in the selection process fo ...

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Shinhan Bank Reports KRW 2.96 Billion Financial Incident Linked to Loan Fraud
Reporter Paul Lee 2025.12.29
[Alpha Biz= Paul Lee] Shinhan Bank disclosed on the 26th that a financial incident involving approximately KRW 2.964 billion (abou ...

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ABL Bio Receives $40 Million Upfront Payment and $15 Million Equity Investment from Eli Lilly
Reporter Paul Lee 2025.12.29
[Alpha Biz= Paul Lee] ABL Bio announced on the 26th that it has received an upfront payment of USD 40 million (approximately KRW 5 ...

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Shinhan Card Faces Scrutiny After Three-Year Employee Data Leak, Raising Questions About Internal Controls
Reporter Paul Lee 2025.12.29
[Alpha Biz= Paul Lee] Shinhan Card, South Korea’s largest credit card company, is under scrutiny after failing to detect a major p ...

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Shinsegae Reports Employee Data Leak From Internal Intranet, No Customer Information Affected
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] Shinsegae Group announced on the 26th that it has detected indications of a data leak involving employees a ...

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South Korea’s Steel Production Set to Hit 15-Year Low Amid Global Oversupply and Trade Challenges
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] South Korea’s steel production is projected to reach its lowest level in 15 years, with industry challenges ...

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South Korean Credit Rating Agencies Downgrade POSCO E&C’s Outlook to Negative Amid Safety Incidents and Sales Shortfalls
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] Major South Korean credit rating agencies have collectively revised the outlook for POSCO E&C’s unsecur ...

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Mirae Asset Financial Group Reportedly Pursuing Acquisition of South Korea’s 4th-Largest Crypto Exchange, Korbit
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] Mirae Asset Financial Group is reportedly moving to acquire Korbit, South Korea’s fourth-largest cryptocurr ...

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Korea Fair Trade Commission Fines 50 Business Groups Over Disclosure Violations, Totaling KRW 658.25 Million
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) has imposed fines totaling KRW 658.25 million (approximately USD 490 ...

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Coupang Chairman Apologizes Over Data Breach Affecting 33.7 Million Users, Says He Will Not Attend Parliamentary Hearing
Reporter Kim Jisun 2025.12.29
[Alpha Biz= Kim Jisun] Bom Kim, Chairman of Coupang’s board of directors, issued a formal apology to Korean customers and the publ ...

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Dongwon F&B Penalized by Fair Trade Commission for Unfair Equipment Compensation Clauses
Reporter Kim Jisun 2025.12.26
[Alpha Biz= Kim Jisun] Dongwon F&B, led by CEO Kim Sung-yong, has been sanctioned by the Korea Fair Trade Commission (KFTC) fo ...

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Coupang Faces Allegations of Coercing Illegal Practices During Aggressive Expansion in Taiwan
Reporter Paul Lee 2025.12.26
[Alpha Biz= Paul Lee] TAIPEI/SEOUL — New testimonies have surfaced alleging that Coupang, the e-commerce giant, pressured employe ...

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Merits Securities to End Commission-Free U.S. Stock Trading Early Amid Regulatory Pressure
Reporter Paul Lee 2025.12.26
[Alpha Biz= Paul Lee] SEOUL, South Korea — Meritz Securities is set to prematurely end its "zero-commission" promotion for U.S. st ...

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