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Microsoft Announces Layoffs of 9,000 Employees Worldwide
Paul Lee 2025.07.04
[Alpha Biz= Paul Lee] Microsoft (MS) has announced plans to lay off approximately 9,000 employees globally, accounting for about 4 ...

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CJ Freshway's Electric Delivery Fleet Shrinks Sharply, Undermining Emissions Goals
Paul Lee 2025.07.04
[Alpha Biz= Paul Lee] CJ Freshway, which once promoted itself as the first in the industry to adopt electric delivery vehicles, ha ...

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LS Securities Downgrades KCC to 'Hold'; Cites Concerns Over Exchangeable Bond Strategy
Paul Lee 2025.07.04
[Alpha Biz= Paul Lee] LS Securities has downgraded its investment rating on KCC from "Buy" to "Hold," while maintaining its target ...

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Former BNK Kyongnam Bank Executive Gets 35 Years for Record ₩300 Billion Embezzlement
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] South Korea’s Supreme Court has upheld a 35-year prison sentence for a former BNK Kyongnam Bank executive wh ...

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National Pension Service Increases Stake in Kakao with $135 Million Investment
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] South Korea’s National Pension Service (NPS) has acquired an additional stake in Kakao Corp. (035720), inves ...

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Humasis Chairman Files Criminal Complaint Against Shareholder Over Defamation and Obstruction
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] Seoul, July 2 – Namgoong Kyeon, Chairman of Humasis, has filed a criminal complaint against a shareholder, i ...

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Prosecutors Seek Lengthy Prison Terms for Former and Current LS Securities Executives in ₩83 Billion PF Loan Fraud Case
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] Seoul, July 2 — South Korean prosecutors have demanded prison sentences for several former and current execu ...

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Coupang Cancels Over 20,000 Orders Following Pricing Glitch on Cereal Cups
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] On June 2, Coupang announced the cancellation of more than 20,000 orders that resulted from a pricing error ...

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China’s E-Commerce Platforms Squeeze Korea’s Trade Balance Amid Surge in Ultra-Cheap Imports
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] The rapid expansion of ultra-low-cost Chinese e-commerce platforms such as AliExpress and Temu in the Korean ...

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“Squid Game Season 3” Dominates Netflix Charts with 368 Million Viewing Hours in Opening Weekend
Paul Lee 2025.07.03
[Alpha Biz= Paul Lee] The third season of Squid Game has debuted as the most-watched content globally on Netflix in its opening we ...

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South Korea Approves Industrial Complex Plan for Naju Energy National Industrial Complex
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] On July 2, the Ministry of Land, Infrastructure and Transport of South Korea approved the industrial complex ...

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Hyundai, Kia Score Partial Legal Win in U.S. Vehicle Theft Lawsuits
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Hyundai Motor and Kia have secured a partial victory in ongoing vehicle theft lawsuits filed by U.S. municip ...

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Dunamu and Naver Pay Partner to Explore KRW-Pegged Stablecoin Business
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Dunamu, operator of South Korea’s leading cryptocurrency exchange Upbit, announced a partnership with Naver ...

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Hana Bank Launches Voluntary Early Retirement Program for Employees Aged 40 and Over
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Hana Bank announced on July 1 that it will offer a voluntary early retirement program for employees aged 40 ...

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Cuckoo Recalls Unregistered Microwave Oven Pans Imported Without Approval
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Cuckoo Electronics, a major home appliance brand in South Korea, has been ordered to halt sales and recall c ...

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Korean Investors Pour Over $1 Billion into US Stablecoin-Linked Stocks in June
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Korean investors poured more than 1 trillion won (approx. $752 million USD) into U.S. stablecoin-related sto ...

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Hyosung Chemical Downgraded as Continued Losses and Weak PP Market Raise Capital Concerns
Paul Lee 2025.07.02
[Alpha Biz= Paul Lee] Hyosung Chemical has seen its credit rating downgraded due to persistent losses in its polypropylene (PP) bu ...

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NICE Investors Service Downgrades Dongwon Construction's Bond Rating to BBB- with Stable Outlook
Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Seoul, June 30, 2025 – NICE Investors Service has downgraded the senior unsecured bond rating of Dongwon Con ...

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Coupang Seeks Consent Decree Amid Antitrust Probe into Alleged Tying Practices
Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Seoul, June 30, 2025 – Coupang has requested a consent decree from the Korea Fair Trade Commission (KFTC) as ...

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KSD to Release 583.58 Million Shares from Lock-Up in July
Paul Lee 2025.07.01
[Alpha Biz= Paul Lee] Busan, South Korea – June 30, 2025 – The Korea Securities Depository (KSD) announced that approximately 583. ...