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NAVER Cloud Establishes ‘NAVER Innovation’ in Saudi Arabia to Lead Digital Transformation in the Middle East
Paul Lee 2025.05.29
[Alpha Biz= Paul Lee] NAVER Cloud announced on May 28 that it has signed an agreement with the National Housing Company (NHC) of S ...

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Lotte Insurance’s Missed Call Option on Subordinated Bonds Leaves Retail Investors in Limbo
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Retail investors who invested tens of millions of KRW each in Lotte Insurance’s subordinated bonds issued in ...

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LS Marine Solutions Shares Plunge Nearly 8% on Large-Scale Rights Offering Announcement
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Shares of LS Marine Solutions, a subsea cable construction company, tumbled nearly 8% following the announce ...

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Samsung Files Preemptive Lawsuit Against Netlist Over HBM Patent Dispute
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Samsung Electronics has initiated a legal battle with U.S.-based patent assertion entity Netlist over high b ...

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MBK Partners Pursues Takeover of Japanese Machine Tool Maker Makino Amid Ongoing Korean Investigation
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] MBK Partners, a private equity firm currently under investigation by Korean prosecutors over the Homeplus ca ...

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Ministry of Land, Infrastructure and Transport Imposes Fines on 3 Korean Airlines for Aviation Safety Violations
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] The Ministry of Land, Infrastructure and Transport (MOLIT) has imposed a total of 3.538 billion KRW (approxi ...

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Trump’s Trade Tariffs Linked to Decline in U.S. Travel Demand Amid Economic Uncertainty
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] Economic uncertainty driven by U.S. President Donald Trump’s trade tariff policies is contributing to a noti ...

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SD Biosensor to Receive Corporate Tax Refund of 338 Billion Won, Nearly Half of Last Year’s Revenue
Paul Lee 2025.05.28
[Alpha Biz= Paul Lee] SD Biosensor (137310), a specialist in in vitro diagnostic kits, announced on the 27th that it will receive ...

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Hyundai Card Receives Financial Supervisory Service Directive to Strengthen Credit Risk Management
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] Hyundai Card has been urged by the Financial Supervisory Service (FSS) to enhance its credit risk management ...

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KB Life Insurance Reports Suspected Employee Data Breach Following Cyberattack
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] KB Life Insurance has reported a suspected data breach involving employee information.According to industry ...

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TIFFANY & Co. Confirms Data Breach Affecting South Korean Customers
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] TIFFANY & Co., recognized as one of the world’s top three luxury jewelry brands, has confirmed a data br ...

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Prosecutors Launch Raid on Sampa Group Chairman Jung Do-won over Alleged Unfair Support to Family-Owned Subsidiary
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] Prosecutors have launched a raid on Jung Do-won, chairman of Sampa Group, and related offices amid investiga ...

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Court Orders Full Rent Refund to Lotte Duty Free Over COVID-19 Airport Policy; Shilla and Shinsegae Duty Free Seek Similar Rent Adjustments
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] The court has ruled that Lotte Duty Free must be refunded the full amount of rent paid for duty-free shops, ...

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Former Namyang Dairy CEO Hong Won-sik Released on Bail Amid Embezzlement and Breach of Trust Charges
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] Hong Won-sik, the former CEO of Namyang Dairy, who has been undergoing trial for embezzlement and breach of ...

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Samsung SDI Expands Hungarian Plant to Supply Prismatic Batteries for Hyundai-Kia European EVs
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] Samsung SDI has begun major expansion and retrofit work at its Hungarian plant to supply prismatic batteries ...

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Rapid Decline of ATM Machines in China Driven by Mobile Payment Surge
Paul Lee 2025.05.27
[Alpha Biz= Paul Lee] China is witnessing a sharp decline in the number of Automated Teller Machines (ATMs), primarily due to the ...

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SSG.COM to Spin Off SSG Pay Unit, Launches New Subsidiary 'Platinum Payments'
Paul Lee 2025.05.26
[Alpha Biz= Paul Lee] Seoul, South Korea – May 23, 2025 – SSG.COM, the e-commerce arm of Shinsegae Group, announced today that it ...

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Franchise Sales Plunge Nearly 20% Amid Controversy Surrounding Theborn Korea and CEO Baek Jong-won
Paul Lee 2025.05.26
[Alpha Biz= Paul Lee] Seoul, South Korea – May 24, 2025 – A recent analysis reveals that franchise stores affiliated with Theborn ...

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Financial Supervisory Service Reviews Shinhan Bank’s Handling of Improper Loan Reporting Amidst Ongoing Investigations
Paul Lee 2025.05.26
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) is currently scrutinizing whether Shinhan Bank appropriately followe ...

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Korea Ratings Agencies Lower Outlook on Lotte Insurance’s Subordinated Bonds and Hybrid Securities to ‘Negative’
Paul Lee 2025.05.26
[Alpha Biz= Paul Lee] Seoul, South Korea – May 25, 2025 – Korea Ratings Corporation (Korea Ratings) has joined Korea Investors Ser ...