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 [...]
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 [...]
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 [...]
NORTHBROOK, Ill., Oct. 14, 2025 (Korea Bizwire) – The TellerScan TS250 UV is the latest in ultraviolet image capture from Digital Check Corp., a high-speed UV cheque scanner that succeeds the company’s best-selling TellerScan TS240 model. The new TS250 UV is available for purchase worldwide through Digital Check’s global reseller network. Since 2013, Digital Check [...]
Offers network-wide AI-based protection against robocalls, spoofing and one-ring scams DUBAI, United Arab Emirates, Oct. 14, 2025 (Korea Bizwire) – e& UAE, the telecom arm of global technology group e&, and Mavenir, a leading cloud-native network software provider, today announced a collaboration to deploy a containerized spam, scam and fraud protection solution across e& UAE’s [...]
Preliminary data presented at the AACR-NCI-EORTC conference will provide insights into the potential of ZW191 in patients with advanced solid tumors, including ovarian cancer, endometrial cancer, and non-small cell lung cancer. Data from the Phase 1 trial of ZW191 provide readthrough to Zymeworks’ broader ADC portfolio utilizing its novel bystander active topoisomerase-1 inhibitor payload, ZD06519. [...]
As the Supreme Court prepares to deliver a verdict in the country’s most expensive divorce case, the outcome could reverberate far beyond one family — shaping the future of chaebol governance, succession, and shareholder control in South Korea. Related: SK Chairman’s High-Stakes Divorce Case Nears Supreme Court Ruling, Raising Questions Over Group Control Few legal battles [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korea’s Supreme Court is set to rule Thursday on the long-running divorce case between SK Group Chairman Chey Tae-won and Noh So-young, director of Art Center Nabi, in what has been called the “trial of the century.” With more than 1 trillion won (about $720 million) in assets at [...]
SEOUL, Oct. 14 (Korea Bizwire) – Chief executive officers (CEOs) of KT Corp. and U.S. software platform firm Palantir Technologies Inc. met Tuesday to discuss ways to expand the companies’ artificial intelligence (AI) platforms across industries, the Korean telecom company said. During a meeting in Seoul, KT CEO Kim Young-shub and Palantir CEO Alex Karp [...]
WASHINGTON, Oct. 14 (Korea Bizwire) – More than a dozen South Korean firms showcased their high-tech military products at an exhibition in Washington on Monday, seeking to create or firm up their presence in the U.S. market, as Seoul and Washington pursue deeper defense industrial cooperation to confront North Korea and other shared challenges. From [...]