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YES24 Suffers Ransomware Attack Amid Prolonged Service Outage
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] SEOUL, June 10 — YES24, a leading South Korean online bookstore, has reportedly fallen victim to a ransomwa ...

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Embezzlement Case Uncovered at Sacheon NongHyup; Key Individual Found Dead
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] SACHEON, South Korea, June 10 — A large-scale embezzlement case involving billions of won has been uncovere ...

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Dispute Over Delivery Fees Deepens Between CJ Logistics Courier Union and Agency Association Amid Seven-Day Delivery Expansion
Kim Jisun 2025.06.11
[Alpha Biz= Kim Jisun] CJ Logistics’ introduction of seven-day delivery service, launched in January to include Sundays and public ...

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Prosecutors Reapply for Arrest Warrants Over IBK Corporate Bank’s 88 Billion KRW Loan Fraud Scandal
Kim Jisun 2025.06.10
[Alpha Biz= Paul Lee] Seoul, June 9 – The Seoul Central District Prosecutors’ Office has reapplied for arrest warrants for a curre ...

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South Korea’s Fair Trade Commission Fines Jungheung Construction for Unfair Support to Owner Family's Company
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – South Korea’s Fair Trade Commission (KFTC) announced on June 9 that it has imposed correcti ...

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Air Busan Cabin Crew Union Files Human Rights Petition Demanding Solo Rest Rooms After Flights
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – The cabin crew union of Air Busan, the first labor union among low-cost carrier (LCC) fligh ...

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Samsung Foundry Market Share Falls Below 8% in Q1 as TSMC Expands Lead and SMIC Closes Gap
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – Samsung Electronics' global foundry (semiconductor contract manufacturing) market share dro ...

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Koo Bon-neung and LG Executive Cleared of Charges Over Late Chairman's Safe Incident
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Seoul, June 9 – Koo Bon-neung, Chairman of Heesung Group and younger brother of the late LG Group Chairman ...

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FSS Issues Disciplinary Warnings to Executives of Six Securities Firms Over Improper Deferred Bonus Payments
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] On June 9, South Korea’s Financial Supervisory Service (FSS) announced disciplinary actions against the cur ...

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Meritz Securities to Inject KRW 50 Billion into Meritz Capital via Rights Offering
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] Meritz Securities, a subsidiary of Meritz Financial Group, announced on June 9 that it will conduct a right ...

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SLS Bio Temporarily Suspends Pharmaceutical Testing Operations Following Regulatory Assessment
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] SLS Bio announced on June 9 that it has temporarily suspended its operations in the "pharmaceutical quality ...

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Doosan Enerbility Wins KRW 900 Billion Gas-Fired Power Plant Project in Vietnam
Kim Jisun 2025.06.10
[Alpha Biz= Kim Jisun] On June 9, Doosan Enerbility announced that it has secured a gas-fired combined cycle power plant project w ...

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Samsung Electronics’ Largest Labor Union Leadership Resigns En Masse Amid Internal Disputes
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] The entire leadership of the National Samsung Electronics Union (NSEU), the largest labor union within Sams ...

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U.S. Halts Nuclear Equipment Exports to China Ahead of June 9 Trade Talks
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] The U.S. Department of Commerce has suspended export licenses for nuclear power equipment to China, accordi ...

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Fire Breaks Out at Factory in Seoul’s Mullae-Dong; No Casualties Reported
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] A fire broke out at a factory in Mullae-dong 3-ga, Yeongdeungpo District, Seoul, at approximately 3:10 p.m. ...

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NAVER to Launch ‘NAVER Ventures’ in Silicon Valley to Accelerate AI Startup Investments
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] NAVER Corporation announced plans to establish a new investment arm, NAVER Ventures, in Silicon Valley late ...

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Tech Companies Raise U.S. Prices Amid Tariff Concerns; Global Ripple Effects Feared
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] As major smartphone manufacturers such as Samsung Electronics and Apple weigh potential price hikes in the ...

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Asiana Airlines Cargo Business Transfer to Air Incheon Delayed Until August Due to Regulatory Approvals
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] Asiana Airlines has postponed the transfer of its cargo business to Air Incheon by one month to August 1, c ...

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LG Display Repays ₩1 Trillion Loan to LG Electronics Ahead of Schedule to Improve Financial Health
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] LG Display has repaid a ₩1 trillion (approximately USD 720 million) loan from LG Electronics 10 months ahea ...

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Search Warrant for SPC Samlip Factory Accident Rejected for Third Time
Kim Jisun 2025.06.09
[Alpha Biz= Kim Jisun] On the 6th, authorities revealed that a court has once again denied a search warrant request related to the ...