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NAVER Denies Data Breach Amid Reports of Smart Store Seller Info on Dark Web
Kim Jisun 2025.06.18
[Alpha Biz= Kim Jisun] NAVER has denied any hacking incident following reports that personal data of approximately 730,000 sellers ...

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LG Display Files Patent Infringement Lawsuit Against China's Tianma in U.S. Court
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] LG Display has filed a patent infringement lawsuit against Chinese display manufacturer Tianma in a U.S. fe ...

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Police Investigate Use of Suspected Industrial Lubricant in SPC Samlip Bakery Line Following Fatal Accident
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] South Korean authorities have launched a formal investigation into the possible use of industrial-grade lub ...

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NHN to Shut Down Webtoon Platforms in Korea, North America, and France; Japan Service to Continue
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] NHN Corp. (KRX: 181710) announced on June 16 that it will discontinue its webtoon platform services in Kore ...

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Police and Labor Ministry Raid Western Power and Subcontractors Over Fatal Taean Plant Accident
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] On June 16, South Korean police and labor authorities conducted a series of raids and initiated criminal pr ...

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South Korean Companies Evacuate Employees and Families from Israel Amid Rising Tensions
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Amid escalating tensions in the Middle East following Israel’s airstrikes on Iran, South Korean companies w ...

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YES24 Co-CEOs Issue Official Apology and Promise Compensation Following Ransomware Attack
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Kim Seok-hwan and Choi Sera, Co-CEOs of YES24, issued an official apology on June 16 regarding the recent r ...

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Hyundai Glovis Increases Investment to KRW 200.6 Billion in Private Equity Fund for Asiana Cargo Business Acquisition
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] Hyundai Glovis (KRX: 086280) announced on June 16 that it will invest a total of KRW 200.6 billion in the p ...

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KFTC Launches On-Site Probe into Alleged Egg Price Fixing by Layer Chicken Association
Kim Jisun 2025.06.17
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) has launched an on-site investigation into the Layer Chicken Associa ...

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Pulmuone Affiliate Foodmerce Clarifies No Ongoing Outbreak Linked to Salmonella Concerns
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Foodmerce, a food distribution affiliate of South Korean food company Pulmuone, issued a statement on June ...

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MBK Partners Offers to Forgo KRW 2.5 Trillion in Equity to Sell Homeplus Amid Court-Led Restructuring
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] MBK Partners, the private equity owner of South Korean retail chain Homeplus, has decided to relinquish KRW ...

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NAVER’s Ha Jung-woo Appointed as South Korea’s First Presidential Secretary for Future AI Planning
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] The Office of the President of South Korea announced on June 15 the appointment of Ha Jung-woo, Head of AI ...

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SK Group and AWS to Build South Korea’s First 100MW AI Data Center in Ulsan
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] SK Group is partnering with Amazon Web Services (AWS) to construct a large-scale, AI-dedicated data center ...

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South Korean Firms Issue Travel Warnings Amid Escalating Protests in Los Angeles
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Amid escalating protests in Los Angeles sparked by a crackdown on undocumented immigrants, major South Kore ...

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Prosecutors Reject Police Request for Search Warrant in HYBE Chairman Bang Si-hyuk’s Stock Fraud Probe
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] A search and seizure warrant requested by police in connection with HYBE Chairman Bang Si-hyuk’s alleged vi ...

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Search Warrant Issued for SPC Samlip’s Siheung Bakery Plant Following Worker’s Death
Kim Jisun 2025.06.16
[Alpha Biz= Paul Lee] South Korean police have obtained a court-approved search and seizure warrant for the SPC Samlip bakery fact ...

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Oasis Market Faces Criticism Over Workforce Restructuring Ahead of TMON Acquisition Approval
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Oasis Market, a South Korean fresh grocery delivery company, is facing backlash for workforce restructuring ...

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Trump Signs Executive Order Approving Nippon Steel’s Acquisition of U.S. Steel
Kim Jisun 2025.06.16
[Alpha Biz= Kim Jisun] Former U.S. President Donald Trump signed an executive order on June 13 (local time) effectively permitting ...

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NAVER to Build AI Data Center in Morocco as Part of Global Expansion
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] NAVER (KRX: 035420) is accelerating its presence in the global AI value chain. On June 13, Team NAVER annou ...

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Lotte Corporation Sells KRW 126 Billion Stake in Lotte Global Logistics Following FI Put Option Exercise
Kim Jisun 2025.06.13
[Alpha Biz= Kim Jisun] SEOUL, South Korea – June 11, 2025 — Lotte Corporation (KRX: 004990) has sold shares worth KRW 126 billion ...