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Jensen Huang to Meet Korea’s Top Business Leaders on AI Collaboration During Seoul Visit
Reporter Ellie Kim 2026.06.05
Jensen Huang, CEO of NVIDIA, and Chey Tae-won, Chairman of SK Group. (Photo: Yonhap News Agency)[Alpha Biz= Ellie Kim] SEOUL, June ...

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Korean Won Weakens Past 1,520 per Dollar on Middle East Tensions, Foreign Outflows
Reporter Paul Lee 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEOUL, June 5 — The South Korean won weakened sharply against the U.S. dollar, ...

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National Pension Service Raises Stake in Hana Financial Group Despite Share Sale
Reporter Paul Lee 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEOUL, June 5 — The National Pension Service (NPS) has slightly increased its o ...

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Financial Supervisory Service Cuts ELS Fines on Banks to $4.5 Billion
Reporter Paul Lee 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Paul Lee] SEOUL, June 5 — The Financial Supervisory Service (FSS) has decided to impose ...

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Mirae Asset Securities to Open SpaceX IPO Subscription for Professional Investors
Reporter Kim Jisun 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEOUL, June 5 — Mirae Asset Securities is expected to open subscriptions for th ...

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Celltrion Accelerates Shareholder Returns with $75 Million Treasury Share Cancellation
Reporter Paul Lee 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEOUL, June 5 — Celltrion has completed the cancellation of treasury shares wor ...

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Starbucks Korea Sales Decline Persists Despite Apology Over ‘Tank Day’ Controversy
Reporter Paul Lee 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Paul Lee] SEOUL, June 5 — Sales at Starbucks Korea continue to decline for a second week ...

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Court Questions Basis of Damages Claim Against Lee Jae-yong Over Samsung C&T Merger
Reporter Paul Lee 2026.06.05
Lee Jae-yong, Chairman of Samsung Electronics. (Photo: Yonhap News Agency)[Alpha Biz= Paul Lee] SEOUL, June 5 — A South Korean cou ...

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Netmarble to Sell Seoul Headquarters G-Tower for $510 Million
Reporter Paul Lee 2026.06.05
Netmarble's G-Tower headquarters in Seoul. (Photo: Netmarble)[Alpha Biz= Kim Jisun] SEOUL, June 5 — Netmarble said it will sell it ...

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L&F Unit Secures $160 Million in Low-Interest Loans for LFP Cathode Plant
Reporter Kim Jisun 2026.06.05
Photo: L&F[Alpha Biz= Kim Jisun] SEOUL, June 5 — L&F said its subsidiary L&F Plus has been selected to receive 220 bil ...

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Korea Fair Trade Commission Fines Hit Record $1.3 Billion in Cartel Cases
Reporter Kim Jisun 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] SEOUL, June 5 — The Korea Fair Trade Commission (KFTC) has imposed a record 1. ...

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LG Group to Deploy 10,000 NVIDIA Blackwell GPUs to Accelerate AI Push
Reporter Kim Jisun 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Kim Jisun] SEOUL, June 5 — LG Group plans to deploy around 10,000 Blackwell GPUs from NV ...

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Hanwha Aerospace Halts Production for Safety Checks After Deadly Explosion
Reporter Kim Jisun 2026.06.05
Fire trucks enter Hanwha Aerospace’s Daejeon facility in Yuseong-gu on June 2 as authorities conduct a joint investigation into th ...

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KT&G Attracts Global Investors as Foreign Ownership Tops 51%
Reporter Ellie Kim 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Ellie Kim] SEOUL, June 5 — KT&G is drawing increased interest from global investors ...

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Court Battle Over Strike Ban at Samsung Biologics Highlights Continuous Production Risks
Reporter Kim Jisun 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] SEOUL, June 5 — A legal dispute over a strike ban at Samsung Biologics is draw ...

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Samyang Foods Chairman Transfers Shares and Debt to Children in Succession Move
Reporter Ellie Kim 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Ellie Kim] SEOUL, June 5 — Samyang Foods Chairman Kim Jung-soo will transfer shares and ...

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Samsung Electronics’ Largest Union Loses Majority Status After Member Exodus
Reporter Kim Jisun 2026.06.05
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] SEOUL, June 5 — The largest labor union at Samsung Electronics has lost its ma ...

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NH Investment & Securities Faces Leadership Vacuum as CEO Selection Delayed
Reporter Ellie Kim 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Ellie Kim] SEOUL, June 5 — NH Investment & Securities is facing growing uncertainty ...

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Huons Global Seeks Shareholder Support for Unit Merger Amid Opposition
Reporter Ellie Kim 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Ellie Kim] SEOUL, June 5 — Huons Global said it will seek to persuade shareholders over ...

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NextTrade Cleared of Unfair Practice Allegations by Regulator
Reporter Ellie Kim 2026.06.05
Photo courtesy of Yonhap News [Alpha Biz= Ellie Kim] SEOUL, June 5 — NextTrade has been cleared of allegations that it misused tec ...