SEOUL, July 29 (Korea Bizwire) — The powerful sister of North Korean leader Kim Jong-un said Tuesday personal ties between the leaders of the North and the United States are “not bad,” while ruling out talks on Pyongyang’s denuclearization. Kim Yo-jong, vice department director of the ruling party’s Central Committee, made the remarks as U.S. [...]
SEOUL, July 29 (Korea Bizwire) — U.S. President Donald Trump has reaffirmed his country’s “steadfast” commitment to safeguarding the Korean Peninsula, underscoring the two countries’ strong alliance in the face of “the evils of communism” in the region. Trump made the remarks in a message a day after South Korea marked the July 27 anniversary [...]
SEOUL, July 29 (Korea Bizwire) — The National Tax Service (NTS) has launched a tax investigation into K-pop powerhouse Hybe over alleged fraudulent securities transactions related to the company’s initial public offering (IPO), industry sources said Tuesday. According to the sources, the NTS dispatched an investigative team to Hybe’s headquarters in Seoul’s Yongsan district earlier [...]
SEOUL, July 29 (Korea Bizwire) — Newcastle United head coach Eddie Howe said Tuesday he will do “everything I can” to put the club’s new South Korean signing, Park Seung-soo, into their preseason game on Park’s home soil this week. Newcastle United will take on Team K League, made up of All-Stars from the top [...]
SEOUL, July 29 (Korea Bizwire) — Arrested former President Yoon Suk Yeol did not appear for questioning by a special counsel team Tuesday over an investigation into various allegations surrounding his wife, former first lady Kim Keon Hee. Yoon, who is currently in custody at Seoul Detention Center, south of Seoul, did not show up [...]
SEOUL, July 29 (Korea Bizwire) – North Korea has supplied around 6.5 million artillery shells of various calibers to Russia to support its war with Ukraine, along with 600 missile launchers and weapons systems, a Ukrainian intelligence agency has said. The Foreign Intelligence Service of Ukraine (FISU) disclosed the information Monday (local time) in response [...]
Transaction eliminates more than $1.3 billion of existing debt and secures $300 million of new senior financing, meaningfully strengthening Mavenir’s balance sheet. Mavenir well-positioned for sustained growth and long-term success. Siris remains controlling shareholder with support from key existing Mavenir lenders. RICHARDSON, Texas, July 29, 2025 (Korea Bizwire) — Mavenir, the cloud-native network infrastructure provider building [...]
SAN FRANCISCO, July 29, 2025 (Korea Bizwire) – Meltwater, a global leader in media, social, and consumer intelligence, today announces the launch of GenAI Lens, an industry-first, groundbreaking tool that gives companies unprecedented visibility into how their brand, competitors and industry are discussed across all major AI Assistants and LLMs (Large Language Models) including ChatGPT, Claude, Gemini, [...]
Statement on recent news Turin, July 29, 2025 (Korea Bizwire) – Iveco Group (EXM: IVG; the “Company”) communicates that it is engaged in ongoing, advanced discussions with different parties for potential transactions involving its defence business, on the one hand, and the balance of the Company on the other. In accordance with its fiduciary duties, the [...]
SYDNEY, July 29, 2025 (Korea Bizwire) — Global broker Axi proudly announces a major milestone in its trader funding program, Axi Select, as it celebrates its 5th $1 million funded trader, and surpasses $5 million in profit payouts year-to-date. The latest trader to reach the $1 million mark is Yoleny G, a trader who identifies as [...]