SEOUL, Dec. 1 (Korea Bizwire) — Following the successful fourth launch of South Korea’s homegrown Nuri rocket, attention is turning to a field that could become a core pillar of the country’s future space industry: space-based pharmaceutical research and manufacturing. “Space pharmaceuticals” refers to using the unique conditions of space — particularly microgravity — to develop [...]
SEOUL, Dec. 1 (Korea Bizwire) — Global automakers, led by Hyundai Motor, are deepening their push into gaming as they look to strengthen engagement with younger consumers and broaden their digital reach. Hyundai said on Sunday that its collaboration with the mobile racing game “Asphalt 9: Legends” won the Gold Award in the “Digital Experience: Automotive” [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, have been named among the most desirable employers in the United States, according to a new ranking by Forbes, underscoring the companies’ strong reputation in one of the world’s most competitive labor markets. Forbes, working with market research firm Statista, [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s venture capital market is showing signs of revival after a prolonged slump, with third-quarter investment surpassing 4 trillion won for the first time since the pandemic era. The rebound has raised hopes that the country’s startup ecosystem may finally be emerging from its downturn. According to quarterly data [...]
SEOUL, Nov. 30 (Korea Bizwire) — Dollar deposits by companies at local banks rose at the fastest pace of the year in November as firms accelerated efforts to increase their dollar holdings amid a strengthening U.S. dollar, industry data showed Sunday. Companies’ outstanding dollar deposits at five major commercial banks, including KB Kookmin Bank and [...]
SEOUL, Nov. 30 (Korea Bizwire) — Anxiety is rising in South Korea after a massive data breach at e-commerce heavyweight Coupang, which local officials said Sunday may have gone undetected for months. The U.S.-listed retailer said Saturday that personal information belonging to 33.7 million customers—virtually its entire user base—was compromised. The exposed data includes names, [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea is moving to tighten regulations on electric scooters as accidents involving personal mobility devices surge nationwide, raising concerns over public safety while prompting debate about the future of these increasingly common, eco-friendly vehicles. According to data released on Sunday by the Korea Road Traffic Authority, accidents involving personal [...]
SINGAPORE, Nov. 29, 2025 (Korea Bizwire) – Korean gaming giant, WEMADE, and CertiK, the world’s largest Web3 security services provider, have joined forces to form the Global Alliance for Korean Won (KRW) Stablecoin (GAKS). CertiK representatives traveled to Singapore to attend the launch of the GAKS led by WEMADE. In addition to CertiK, leading global [...]
Harsha Deshmukh has been appointed a member of the Board of Managing Directors with responsibility for IT and Global Business Services effective 1 February 2026 Boehringer Ingelheim announced today that the Shareholders’ Committee has appointed Harsha Deshmukh to the Board of Managing Directors. Effective 1 February 2026, Harsha Deshmukh will lead the IT and Global Business Services [...]
MONACO, Nov. 28, 2025 (Korea Bizwire) – Over a hundred participants are expected this year at the 3rd Navicap Challenge-Elena Sivoldaeva Trophy. The inclusive regatta, taking place 28-30 November, is organised by Yacht Club de Monaco in collaboration with FxPro and North Sails. Around 60 teams are expected, that’s almost double the number of last [...]