SEOUL, August 1 (Korea Bizwire) — Jailed former President Yoon Suk Yeol on Friday resisted a special counsel team’s attempt to detain him by lying on the floor of his prison cell wearing only his underwear, the team said. Assistant special counsel Moon Hong-ju, and a prosecutor and an investigator from special counsel Min Joong-ki’s [...]
SEJONG, Aug. 1 (Korea Bizwire) — The Seoul government held an emergency meeting Friday to devise response measures to the United States’ new 50 percent tariffs on imported copper, the industry ministry said. The Ministry of Trade, Industry and Energy met with officials from Korean companies that export copper-related products, including LS Metal and Poongsan [...]
SEOUL, August 1 (Korea Bizwire) — A day after being traded to the first-place club in South Korean baseball, veteran outfielder/designated hitter Son Ah-seop said Friday he will try to prove his worth on his new team. The Hanwha Eagles acquired Son, 37, from the NC Dinos in exchange for cash and a third-round draft [...]
SEOUL, August 1 (Korea Bizwire) — President Lee Jae Myung on Friday vowed efforts to promote balanced regional development, saying the government will provide more budgetary support for regions outside of the capital area. Lee made the remarks during a meeting with mayors and provincial governors at the presidential office, the first such gathering since [...]
SEOUL, August 1 (Korea Bizwire) — The annual Incheon Pentaport Rock Festival, one of South Korea’s largest summer music events, will kick off Friday for a three-day run. Hosted by the Incheon metropolitan government, the festival has been held every year in the Songdo district of Incheon, about 30 kilometers west of Seoul, since 2006. [...]
VICTORIA, Seychelles, August 1, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, today co-releases with Bitcoin.com an educational flagship titled “Crypto Derivatives 101 – Market Breakdown: Who’s Winning the Race?” designed to help newcomers navigate the fast-growing derivatives market, the guide also highlights Bitget’s leadership as its market share doubles to 7.2% in 2025, up [...]
MONACO, August 1, 2025 (Korea Bizwire) – First participation and first historic victory: Yacht Club de Monaco wins the 2025 Admiral’s Cup with a nail-biting finale. Led by the YCM’s vice-president, Pierre Casiraghi (Jolt 6), and Peter Harrison (Jolt 3), the two Monegasque teams dominated the Rolex Fastnet Race, the final and decisive event (coefficient 3) [...]
Second quarter consolidated revenues were $4.7 billion on lower industry demand Second quarter diluted EPS at $0.17 Results reflect continued execution of cost saving initiatives partially offsetting market headwinds Returned $0.3 billion to shareholders through dividends Full-year guidance reaffirmed Basildon, UK, August 1, 2025 (Korea Bizwire) — CNH Industrial N.V. (NYSE: CNH) today reported results for [...]
Second quarter 2025 reported and adjusted* operating income increased 13% and 1% compared to prior year Second quarter 2025 reported and adjusted EPS were $2.99 and $2.87, compared with $2.22 and $2.87 in the second quarter 2024 Improving guidance for full-year reported EPS to be in the range of $11.25 to $11.75 and adjusted EPS to [...]
WILMINGTON, Mass., Aug. 01, 2025 (Korea Bizwire) — Heilind Electronics, a leading distributor of interconnect, electromechanical, and sensor solutions, is pleased to announce the retirement of William Sim, President of Heilind Asia, effective July 15, 2025. Sim has been a cornerstone of Heilind’s international expansion for over a decade, playing a pivotal role in establishing [...]