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MBK Partners and Young Poong File Lawsuit to Nullify Korea Zinc’s Shareholder Meeting Resolutions
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 30 – Private equity firm MBK Partners and metals conglomerate Young Poong have jointly filed a fo ...

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Palantir Shares Surge Nearly 8% Following NYT Report on Deepening U.S. Government Ties
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] New York, May 30 (local time) — Shares of Palantir Technologies soared 7.73% to close at $131.78 on Thursday ...

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WEMIX Delisted Again: Korean Court Dismisses Wemade’s Injunction Request
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 31 — South Korean game developer Wemade’s cryptocurrency WEMIX is set to be delisted from domesti ...

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Baek Jong-won’s Official YouTube Channel Resumes Activity Amidst Controversy
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, May 31 — Just three weeks after announcing a halt to all broadcasting activities, Baek Jong-won, CEO ...

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FSS Chief Lee Bok-hyun to Step Down After Three-Year Term, Raising Concerns Over Leadership Vacuum
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, June 1 — Financial Supervisory Service (FSS) Governor Lee Bok-hyun is set to step down on June 5, con ...

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Financial Supervisory Service Conducts On-Site Inspection of Capital-Impacted KDB Life Insurance
Paul Lee 2025.06.02
[Alpha Biz= Paul Lee] Seoul, June 1 —Seoul, June 1 — South Korea’s Financial Supervisory Service (FSS) has launched an on-site ins ...

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National Pension Service to Increase Overseas Equity Allocation in 2026 Asset Strategy
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] On May 29, the Investment Management Committee of South Korea’s National Pension Service (NPS) convened at t ...

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Kookmin Bank to Sell Idle Real Estate Worth Approximately 133 Billion KRW Amid Branch Closures
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] Kookmin Bank has announced plans to sell idle real estate assets valued at approximately 133.45 billion KRW ...

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Korea Citi Bank to Remit Over 230 Billion KRW in Interim Dividends to U.S. Parent This Year
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] Korea Citi Bank has approved an interim cash dividend of approximately 230.1 billion KRW (about $175 million ...

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Seoul Appellate Court Rules Again in Favor of Samsung C&T in Lawsuit Against Elliott Management
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] On May 29, the Seoul High Court’s Civil Division 16 (Presiding Judge Kim In-gyeom) dismissed the appeal file ...

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Coupang Early Investor Benjamin Sun Sells Shares Amid Executive Stock Sell-Offs
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] Benjamin Sun, an early investor in Coupang and board member of Coupang Inc., the company’s U.S. parent since ...

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SPC Samlip Announces Follow-Up Measures After Fatal Factory Accident
Paul Lee 2025.05.30
[Alpha Biz= Paul Lee] On May 29, SPC Samlip issued an official notice on its website titled “Follow-Up Measures After the SPC Saml ...

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Dunamu CEO Lee Seok-woo to Step Down in July; Ok Kyung-seok Appointed as Successor
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] Dunamu, operator of the cryptocurrency exchange Upbit, announced that CEO Lee Seok-woo will step down in Jul ...

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Tesla Aims to Launch Robotaxi Service in Austin on June 12: Bloomberg
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] Tesla, the electric vehicle maker led by Elon Musk, is reportedly targeting June 12 as the launch date for i ...

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Verdict Due May 29 in Embezzlement and Breach of Trust Case Against Hankook Tire Chairman Cho Hyun-bum
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] A South Korean court is set to deliver a first-instance verdict on May 29 in the high-profile embezzlement a ...

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Early Voting Begins for Korea’s 21st Presidential Election
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] Early voting for the 21st presidential election in South Korea began at 6 a.m. on May 29 at 3,568 polling st ...

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Nissan Plans to Raise ¥1 Trillion via Asset Sales and Bond Issuance Amid Financial Struggles
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] According to a Bloomberg report dated May 28 (local time), Nissan Motor Co. is planning to raise ¥1 trillion ...

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DB Financial Investment Denies Reports on Potential Acquisition of Hanyang Securities
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] On May 28, DB Financial Investment issued a regulatory filing stating that no decision has been made regardi ...

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BC Card Investigates Employee Over KRW 1.6 Billion in Unauthorized Cash Advances
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] On May 28, financial industry sources reported that a BC Card employee is under investigation for allegedly ...

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HYBE Chairman Bang Si-hyuk Under Investigation for Alleged Fraudulent Securities Transactions
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] South Korea’s Financial Supervisory Service (FSS) has launched an investigation into Bang Si-hyuk, Chairman ...