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 [...]
Successful completion of the acquisition by North Atlantic France SAS (“North Atlantic France”) of the 82.89% controlling interest of ExxonMobil France Holding SAS (“ExxonMobil”) in French listed company Esso Société Anonyme Française SA (“Esso S.A.F.”) at €26.19 per share and 100% of unlisted company ExxonMobil Chemical France SAS (“EMCF”) Clearance of both French Foreign Direct [...]
LONDON, Nov. 28, 2025 (Korea Bizwire) – Global entertainment brand 12BET recently participated as an honorary sponsor of the 2025 Nine Emperor Gods Festival, joining hands to celebrate one of Asia’s most enduring cultural traditions, deeply rooted in communities across the region. Through this meaningful collaboration, 12BET helped bring the event to a successful close, reflecting the [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Group will roll out South Korea’s first vehicle-to-grid (V2G) pilot service next month on Jeju Island, enabling electric vehicles to function as energy resources by sending stored electricity back to the grid, the company announced Friday. The pilot project stems from a partnership Hyundai signed in September with [...]
DAEGU, Nov. 28 (Korea Bizwire) — The U.S. Army’s 19th Expeditionary Sustainment Command on Thursday unveiled what it described as the first fully automated kitchen demonstration in the U.S. military, holding a pilot showcase at the Camp Walker dining facility in the southern city of Daegu. During the event, soldiers ordered meals from a touchscreen kiosk [...]