SEOUL, Oct. 29 (Korea Bizwire) — South Korea’s auto industry breathed a sigh of relief on Wednesday after the United States agreed to lower tariffs on Korean vehicles, a move that removes a major trade irritant and strengthens a deal underpinning Seoul’s $350 billion investment pledge in the American economy. The announcement followed a summit between [...]
CALGARY, Alberta, Oct. 29, 2025 (Korea Bizwire) – Circle Cardiovascular Imaging Inc. (Circle CVI), a global leader in cardiovascular imaging solutions, today announced that its cvi42 | Plaque solution has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) and is now available for clinical use in the United States. This innovative, AI-enabled [...]
SEOUL, Oct. 29 (Korea Bizwire) — Nvidia, the world’s largest maker of artificial intelligence chips, is set to sign a series of large-scale supply agreements with South Korea’s leading corporations this week, a move that aligns with Seoul’s ambitions to become one of the world’s top three AI powers and the company’s efforts to diversify [...]
GYEONGJU, South Korea, Oct. 29 (Korea Bizwire) – The Asia-Pacific Economic Cooperation (APEC) CEO Summit, a business-centric gathering running parallel to the annual APEC forum’s leader’s summit, officially commenced Wednesday to explore pivotal issues, ranging from artificial intelligence (AI) to digital transformation. The summit, hosted by the Korea Chamber of Commerce and Industry (KCCI), was [...]
GYEONGJU, South Korea, Oct. 29 (Korea Bizwire) – South Korea and the United States announced a finalized tariff agreement on Wednesday, ending months of contentious negotiations and signaling a deepening phase in their industrial partnership. President Lee Jae Myung and President Donald Trump confirmed the deal during talks held on the sidelines of the Asia-Pacific Economic [...]
Hitachi Energy acquires a minority stake in Shermco, a company recently acquired by private equity funds managed by Blackstone, strengthening capabilities to maintain the reliability and safety of North America’s power grid — In addition, Hitachi Energy is investing more than $1 billion USD in the organic expansion of its global Service business, developing new [...]
KUALA LUMPUR, Oct. 29 (Korea Bizwire) – En route to Kuala Lumpur, U.S. Defense Secretary Pete Hegseth offered a strikingly positive endorsement of South Korea’s ambitions to reclaim wartime operational control from Washington, signaling a shift in how the alliance conceives of leadership during a crisis on the Korean Peninsula. Speaking to reporters aboard his plane [...]
Decision Immediately Expands Access to Heart Failure Therapy with National Coverage for More Than 66 Million[1] Patients MARLTON, N.J., Oct. 29, 2025 (Korea Bizwire) – Impulse Dynamics®, a global medical device company committed to improving the lives of people with heart failure (HF), announced today that the Centers for Medicare and Medicaid Services (CMS) issued [...]
Award-winning AI Agent Platform delivers a new era of automation and intelligence for finance teams LOS ANGELES, Oct. 29, 2025 (Korea bizwire) – FloQast, the Accounting Transformation Platform created by accountants for accountants, today announced that FloQast Transform has been named winner of the Best Fintech Solution in the 2025 CODiE Awards. The CODiE Awards are the only peer-recognized [...]
New capital fuels Reflectiz’s mission to help global enterprises secure their digital front door with fully remote, agentless deployment SYDNEY, Oct. 30, 2025 (Korea Bizwire) – Reflectiz, the web exposure management platform, today announced the close of its $22 million Series B funding round led by Fulcrum Equity Partners, with participation from Capri Ventures, YYM Ventures, AFG Partners, and others. [...]