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Samsung Pay Restored After Morning Outage Disrupts Payments
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Samsung Pay experienced a service disruption on the morning of June 2, causing inconvenience to users attem ...

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Indonesian Engineers Cleared of Charges in KF-21 Data Leak Investigation
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] All five Indonesian engineers dispatched to Korea Aerospace Industries (KAI) have been cleared of criminal ...

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Prosecutors Seek Prison Sentences for Former Executives of Youngpoong Zinc Over Cadmium Pollution in Nakdong River
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Prosecutors have demanded prison sentences in the appellate trial of former and current executives of Young ...

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Cartier Confirms Data Breach Affecting Customer Information
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Cartier, the luxury brand under Richemont Group, has confirmed a data breach involving unauthorized access ...

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Aekyung Group Pledges Nearly All of Its Jeju Air Shares to Secure Loans Amid Financial Strains
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Seoul, June 3 – South Korea's Aekyung Group has effectively pledged nearly all of its stake in Jeju Air Co. ...

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Toyota Motor to Acquire Parent Company Toyota Industries and Take It Private
Kim Jisun 2025.06.04
[Alpha Biz= Kim Jisun] Tokyo, June 3 – Toyota Motor Corporation has decided to acquire its founding parent company, Toyota Industr ...

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South Korea’s Presidential Election Turnout Hits 77.8%, Surpassing 2022 Level
Kim Jisun 2025.06.03
[Alpha Biz= Kim Jisun] As of 7 p.m. on June 3, South Korea’s nationwide voter turnout reached 77.8%, surpassing the final turnout ...

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Baedal Minjok (Baemin) Announces Compensation Measures Following App Outage
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Seoul, June 1 — Woowa Brothers, operator of South Korea’s leading food delivery platform Baedal Minjok (Bae ...

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KFTC Imposes Fine on Company for Bid-Rigging in Korea Electric Power Corporation’s Wood Pellet Procurement Tenders
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) announced on June 1 that it has imposed corrective orders and a fine ...

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Kakao Mobility to Export Parking Platform for the First Time Through Saudi Arabia's Diriyah Project
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Kakao Mobility announced on June 1 that it will export its parking platform solution for the first time sin ...

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Trump Announces Doubling of Tariffs on Foreign Steel and Aluminum to 50%
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Former U.S. President Donald Trump has announced plans to double tariffs on imported steel and aluminum fro ...

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MBK Partners Puts Korea’s Largest Golf Course Operator Golfzon County Back on the Market
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] MBK Partners has resumed efforts to sell Golfzon County, Korea’s largest golf course operator, after weighi ...

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Suwon District Court to Rule on Samhwa Biopharm’s Lawsuit Against MFDS Over GMP Certification Revocation
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] According to industry sources on June 1, the Suwon District Court will deliver a first-instance ruling on J ...

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Woori Bank to Sell 20% Stake in Lotte Card, Abandoning Acquisition Plan
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] Woori Bank has decided to sell its 20% stake in Lotte Card, effectively ending its long-standing interest i ...

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South Korean Privacy Regulator Investigates LVMH Brands Dior and Tiffany Over Delayed Data Breach Disclosures
Kim Jisun 2025.06.02
[Alpha Biz= Kim Jisun] The Personal Information Protection Commission (PIPC) of South Korea has launched an investigation into lux ...

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Hyundai Motor Union Demands 30% Profit-Sharing Bonus and Retirement Age Extension to 64 in 2025 Wage Talks
Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Hyundai Motor Company’s labor union has finalized its demands for the 2025 wage and collective bargaining n ...

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Samsung Ordered to Pay $111.7 Million in Patent Infringement Verdict Against Japan’s Maxell
Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Samsung Electronics has been ordered to pay $111.7 million in damages to Japanese electronics company Maxel ...

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LG H&H Acquires Remaining 35% Stake in U.S. Color Cosmetics Brand The Crème Shop for KRW 91.9
Kim Jisun 2025.05.30
[Alpha Biz= Paul Lee] LG Household & Health Care (LG H&H) has finalized the acquisition of the remaining 35% equity stake ...

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Jeju Air Aircraft Temporarily Veers Off Runway Upon Landing in Da Nang, No Injuries Reported
Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] A Jeju Air flight experienced a minor runway excursion upon landing at Da Nang International Airport in Vie ...

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Kakao Mobility Integrates with Alibaba’s Gaode Map to Offer Kakao T Taxi Services to Chinese Tourists
Kim Jisun 2025.05.30
[Alpha Biz= Kim Jisun] Kakao Mobility (KRX: 035720) has partnered with China’s Alibaba Group to enable users of Gaode Map — China’ ...