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Rural Development Administration Develops 3D Intestinal Organoid from Pig Stem Cells

JEONJU, Nov. 15 (Korea Bizwire) – The Rural Development Administration (RDA) announced on November 14 that it has successfully created a three-dimensional organoid (mini-organ) resembling pig small intestine tissue by proliferating adult stem cells extracted from pig small intestines. Organoid technology is emerging as a promising alternative to animal testing as ethical concerns and regulatory restrictions [...]

Dating Event on Seoul’s Han River Draws Overwhelming Response with 33-to-1 Competition Rate

SEOUL, Nov. 15 (Korea Bizwire) – A romantic yacht dating event on Seoul’s Han River, titled “Romance in Hangang” has drawn an exceptionally high number of applicants, with a competition rate of 33 to 1, the Seoul Metropolitan Government announced on November 14. The event, co-organized with Woori Card and scheduled for November 23, received 3,286 [...]

North Gyeongsang Unveils Bold Plan to Transform Coastal Economy with Salmon Farming, Year-Round Tourism

ANDONG, Nov. 15 (Korea Bizwire) – North Gyeongsang Province announced on November 14 a comprehensive “Maritime and Fisheries Transformation” plan aimed at revitalizing its East Sea coastal fishing industry and leisure tourism sector. The ambitious initiative includes a significant shift in aquaculture strategy, with plans to invest 140 billion won through 2030 to transition from traditional [...]

Hyundai Motor Partners with National Museum to Showcase Interactive Digital Art Exhibition

SEOUL, Nov. 15 (Korea Bizwire) – Hyundai Motor Company announced on November 14 that it will launch “Project Hashtag 2024,” an exhibition at the National Museum of Modern and Contemporary Art (MMCA) in Seoul’s Jongno district, running from December 15 through April next year. Project Hashtag, now in its fifth year since its inception in 2019 [...]

The Metals Company Announces US$17.5 Million Registered Direct Offering of Common Shares and Class B Warrants

NEW YORK, Nov. 14 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for the purchase of an aggregate of 17,500,000 common shares [...]

nCino Announces Timing of its Third Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., Nov. 14 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, will report financial results for its third quarter ended October 31, 2024, after the market close on Wednesday, December 4, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results. Event: nCino’s Third [...]

S. Korean Shipyards Anticipate Greater U.S. Biz Opportunities after Trump’s Call for Cooperation

SEOUL, Nov. 14 (Korea Bizwire) — South Korean shipyards appear upbeat over potential opportunities to expand their business in America after U.S. President-elect Donald Trump’s call for more bilateral cooperation in the sector. In his phone conversation with South Korean President Yoon Suk Yeol following his election victory last week, Trump said the U.S. seeks to work [...]

Samsung Shares Continue Slide as Foreign Investors Lead Selloff

SEOUL, Nov. 14 (Korea Bizwire) – Samsung Group shares, long considered a cornerstone of South Korean investing, continued their downward trajectory as foreign and institutional investors led a significant selloff, while retail investors moved to buy the dip. Market analysts suggest that despite current undervaluation, a quick recovery appears unlikely. On November 13, Samsung Electronics closed [...]

S. Korea Starts Operation of Gas, Oil Storage Facility in Ulsan

SEOUL, Nov. 14 (Korea Bizwire) — South Korea has kicked off a new energy storage facility in the southeastern port city of Ulsan, which will serve as a key energy hub for the country, the industry ministry said Thursday. The Korea Energy Terminal, located 308 kilometers south of Seoul, has begun its commercial operation with [...]

‘Snack Movies’ Gain Momentum in South Korea as Actor Kim Nam-gil Joins Trend

SEOUL, Nov. 14 (Korea Bizwire) – A new short film starring Kim Nam-gil, co-produced with KB Kookmin Bank, is set to premiere exclusively at Lotte Cinema on November 20, joining a growing trend of abbreviated theatrical releases in South Korea known as “snack movies.” The 31-minute film, “How to Open a Door” will be screened for [...]