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CSLM Digital Asset Acquisition Corp III, Ltd. (Nasdaq: KOYN) and First Digital Group Ltd. Announce A Letter of Intent for a Proposed Business Combination to Create a Global Stablecoin and Digital Payments Leader

First Digital Group is a leading stablecoin and digital asset infrastructure provider, and the group behind FDUSD – the #3 most-traded stablecoin globally – supported by a compliance-first, fully backed trust framework and a rapidly expanding global payments and infrastructure ecosystem NEW YORK and HONG KONG, Dec. 02, 2025 (Korea Bizwire) – First Digital Group [...]

[UPDATE] The Politecnico di Milano inaugurates its 163rd academic year, emphasising responsibility, scientific diplomacy and collaboration in Europe

MILAN, Dec. 02, 2025 (Korea Bizwire) – The Politecnico di Milano today held an inauguration ceremony for its 163rd academic year, where it focused on the values of responsibility, knowledge and cohesion in a highly polarised global context marked by tensions and profound change. The inauguration speech centred around the Politecnico’s role as an intermediary, a body with [...]

Solar-Powered Aircraft Makes Landmark Antarctic Flight, Korean Team Says

GOYANG, Dec. 2 (Korea Bizwire) — Korea Aerospace University (KAU) announced Monday that its research team has successfully completed what it says is the world’s first solar-powered UAV flight test on the Antarctic continent, marking a milestone for autonomous aviation in extreme environments. The test flights, conducted Nov. 8–17 near South Korea’s Jang Bogo Station with [...]

Hanwha Opens South Korea’s Largest Private Satellite Manufacturing Hub on Jeju Island

JEJU, Dec. 2 (Korea Bizwire) — South Korea took a major step toward expanding its private-sector space industry on Tuesday as Hanwha Systems opened the nation’s largest commercial satellite manufacturing complex on Jeju Island. The new Hanwha Jeju Space Center, located in Seogwipo’s Hawon Techno Campus, spans 30,000 square meters—roughly the size of four soccer fields—and [...]

Bitget Supports Grassroots Football at LALIGA Youth Tournament in Manila

VICTORIA, Seychelles, Dec. 02, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), took part in LALIGA’s Youth Tournament in Manila, supporting one of Asia’s most exciting grassroots football events focused on promoting sport, community, and camaraderie. Held from 14–16 November at the New Clark City Athletics Stadium, the tournament brought together more than 7,000 young [...]

Constitutional Court Upholds Army Rules Limiting Officers’ Leave

SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s Constitutional Court has upheld an Army regulation that restricts officers’ off-base leave to areas from which they can return to their unit within two hours, ruling the policy constitutional amid longstanding security concerns on the peninsula. In a unanimous decision delivered Nov. 27, the court rejected a petition [...]

Swans Chased by Boats in Protected Wetlands as Environmental Groups Decry Official Inaction

BUSAN, Dec. 2 (Korea Bizwire) — A flock of whooper swans — a protected natural monument and winter migratory species — was again seen being driven off its habitat by a fishing boat and leisure vessels in the Nakdong River estuary in Busan, a designated cultural heritage protection zone and major bird sanctuary. According to the [...]

President Orders Swift Accountability in Coupang Data Breach as E-Commerce Sector Scrambles

SEOUL, Dec. 2 (Korea Bizwire) — President Lee Jae-myung on Tuesday condemned Coupang’s massive data breach and instructed his cabinet to swiftly determine the cause and impose strict accountability, calling the incident “astonishing” both in scale and in the company’s failure to detect the leak for nearly five months. Speaking at a Cabinet meeting in Seoul, [...]

Seoul Launches $296 Million Project to Build Homegrown Air-to-Air Missiles

SEOUL, Dec. 2 (Korea Bizwire) — The state arms procurement agency on Tuesday launched a 435.9 billion-won project (US$296 million) to develop short-range air-to-air guided missiles to be equipped on South Korea’s homegrown KF-21 fighter jets. Under the plan, the country aims to develop guided missiles for homegrown fighter jets by 2032, in its bid [...]

South Korean President Rejects Calls for Nuclear Armament, Citing Global Consequences

SEOUL, Dec. 2 (Korea Bizwire) — President Lee Jae-myung on Tuesday forcefully dismissed renewed proposals for South Korea to pursue its own nuclear weapons program, calling the idea “impossible” and warning that it would trigger immediate international backlash. Speaking at a Cabinet meeting at the presidential office, Lee addressed growing calls from some opposition lawmakers to [...]