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MISTRAS Group Partnering with Villari to Offer Wireless Crack-Detection Sensors for Critical Steel Assets

PRINCETON JUNCTION, N.J., Oct. 14, 2025 (Korea Bizwire) – MISTRAS Group (NYSE: MG), a global leader in technology-enabled industrial asset integrity and testing solutions, today announced it is partnering with Villari, a technology provider offering continuous visibility into fatigue and crack growth through a globally certified wireless crack-detection system for steel structures. The collaboration enables [...]

Akur8 Expands Pricing Suite with Launch of Deploy

PARIS, Oct. 14, 2025 (Korea Bizwire) – Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning, announced today the launch of Deploy, a new addition to its pricing suite that expands capabilities and reinforces its position as the insurance industry’s only end-to-end actuarial platform. With Deploy, insurers gain a high-performance pricing engine that [...]

New FloQast Study Reveals AI Collaboration, Not Just Adoption, Is Key to Transforming Accounting Profession

Survey Shows Accountants Who Actively Collaborate With AI Experience Less Burnout, Better Sleep, and Greater Professional Satisfaction LOS ANGELES, Oct. 14, 2025 (Korea Bizwire) – FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced the results of a study revealing that the true opportunity of AI lies in meaningful accountant-AI collaboration. The study, [...]

Axi Makes Waves at Money Expo Dubai 2025 with Cutting-Edge Products and Services

SYDNEY, Oct. 14, 2025 (Korea Bizwire) – Axi, a financial leader in online CFD and FX trading, participated in Money Expo Dubai 2025, held on October 6-7, 2025, at the Dubai World Trade Center in Dubai. Event attendees had the opportunity to explore the Axi brand and its products and latest innovations, including the Axi [...]

Samsung Launches Performance-Based Stock Compensation Plan to Boost Long-Term Growth

SEOUL, Oct. 14 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will introduce a new performance stock unit (PSU) program designed to tie employee compensation directly to long-term corporate performance and stock price gains, in an effort to align employee motivation with shareholder value. Under the plan, Samsung will award shares to employees based on [...]

Samsung Overtakes SK hynix to Reclaim No. 1 Spot in Global Memory Sales

SEOUL, Oct. 14 (Korea Bizwire) – Samsung Electronics Co. returned to the top spot in the global market for memory chips in the third quarter, data showed Tuesday, after losing the position to SK hynix Inc. in the previous quarter. The combined sales of memory chips by Samsung, including dynamic random access memory (DRAM) and [...]

KBW Explainer | China’s Sanctions on Hanwha Ocean: What’s Behind Beijing’s Move?

Related: China’s Retaliation Against Hanwha Ocean Signals Broader Maritime Power Struggle With U.S. 1. What Happened China announced retaliatory measures against five U.S.-based subsidiaries of South Korea’s Hanwha Ocean Co., claiming they assisted Washington’s investigation into China’s maritime, logistics, and shipbuilding industries.The sanctions bar Chinese individuals and organizations from engaging in any transaction or cooperation with the [...]

China’s Retaliation Against Hanwha Ocean Signals Broader Maritime Power Struggle With U.S.

SEOUL, Oct. 14 (Korea Bizwire) – China announced Tuesday it will impose retaliatory measures against five U.S.-based subsidiaries of South Korean shipbuilder Hanwha Ocean Co., accusing them of cooperating with a U.S. investigation targeting China’s maritime and shipbuilding industries. In a statement, the Chinese commerce ministry claimed Hanwha Ocean’s U.S. affiliates assisted and supported the [...]

AI Infrastructure Surge Expected to Propel Korean Chip Sales to Record Levels by 2028

SEOUL, Oct. 14 (Korea Bizwire) – Demand for global artificial intelligence (AI) chips is expected to reach a short-term peak in 2028, according to a market outlook shared Tuesday, potentially to help double sales of South Korean-made chips from current levels. Roh Geun-chang, the head of Hyundai Motor Securities Co.’s research center, made such an [...]

US Passport Power Plummets to Historic Low

LONDON, Oct. 14, 2025 (Korea Bizwire) – For the first time since the Henley Passport Index was created 20 years ago, the United States is no longer ranked amongst the world’s Top 10 most powerful passports. Once unrivalled at No.1 in 2014, the American passport has now slumped to 12th place, tied with Malaysia, with visa-free access to [...]