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First European Participants Randomized in AskBio Phase 2 Gene Therapy Trial of AB-1005 for Parkinson’s Disease

Research Triangle Park, N.C., Sept. 22, 2025 (Korea Bizwire) – AB-1005, a glial cell line-derived neurotrophic factor (GDNF) investigational gene therapy, is being evaluated for the treatment of moderate-stage Parkinson’s disease in the REGENERATE-PD trial Sites in Poland and the United Kingdom have started randomizing participants, with sites in Germany actively screening and following shortly [...]

WeRide to Launch GXRs and Robobus in Singapore as part of Grab’s New Ai.R Autonomous Service

LTA appoints Grab to operate WeRide autonomous vehicles on two designated routes in Punggol, Singapore Ai.R features two WeRide vehicle models: a five-seater GXR and an eight-seater Robobus WeRide marks its first deployment of GXRs in Singapore and Southeast Asia Ai.R vehicles have passed Singapore’s stringent Milestone 1 (M1) assessment, proving they can safely navigate [...]

Axi Announces Retirement of Chief Commercial Officer Louis Cooper

SYDNEY, Sept. 22, 2025 (Korea Bizwire) – Axi, a leading global online trading and fintech company, today announces the retirement of Louis Cooper, Chief Commercial Officer. Louis will formally step down from his executive responsibilities at the end of September 2025 but will remain a shareholder and a valued part of the Axi family. Since [...]

OPEC Fund mobilizes over US$1 billion to advance sustainable development

Governing Board approves major financing package as institution launches inaugural Euro benchmark bond VIENNA, Sept. 22, 2025 (Korea Bizwire) – The OPEC Fund for International Development (the OPEC Fund) announced the approval of more than US$1 billion in new development financing during the 193rd meeting of its Governing Board and throughout the third quarter of [...]

In South Korea, the ‘Young Forty’ Label Stirs Backlash Among Middle-Aged Workers

SEOUL, Sept. 22 (Korea Bizwire) — When Park Seung-woo turned 40 this year, colleagues wasted no time calling him “Young Forty,” a term meant to capture middle-aged Koreans trying to look youthful. Far from a compliment, he says the label now feels like a taunt. “They call me ‘Young Forty’ at every turn, to the [...]

Conglomerates Increasingly Favor ‘Experienced Freshmen’ in Hiring

SEOUL, Sept. 22 (Korea Bizwire) — South Korea’s largest companies are showing a stronger preference for so-called “experienced freshmen,” or new hires with prior work experience, according to a survey released Sunday by the Korea Economic Research Institute (FKI). The survey, conducted among 121 of the country’s top 500 firms by revenue, found that 28.1 [...]

From Hanoi to Gyeongju? Kim’s Warm Words for Trump Stir Reunion Speculation

SEOUL, Sept. 22 (Korea Bizwire) — When North Korean leader Kim Jong-un told his parliament last weekend that he still holds a “good memory” of U.S. President Donald Trump, it was more than a nostalgic aside. It was the first public hint in years that Pyongyang could contemplate returning to the table with Washington—provided, Kim [...]

Warehouse-Style Pharmacies Spark Fierce Debate in South Korea

SEOUL, Sept. 22 (Korea Bizwire) — South Korea is witnessing the rapid spread of so-called “warehouse-style pharmacies,” large outlets that display and sell medicines and health supplements in bulk, fueling a heated debate over public health and market fairness. The trend began earlier this year in Seongnam, south of Seoul, and has since spread to [...]

Cyberattacks on SK Telecom, KT, Lotte Card Spur Government Crackdown

SEOUL, Sept. 22 (Korea Bizwire) — Prime Minister Kim Min-seok said Monday the government will overhaul data protection systems at telecoms and financial companies following a series of security breaches at mobile carriers and a credit card issuer. Kim made the remark during an emergency government meeting convened to discuss responses to the hacking incidents [...]

Refiners Race to Build SAF Capacity Ahead of 2027 Mandate

SEOUL, Sept. 22 (Korea Bizwire) — South Korea’s oil refiners are ramping up investment in sustainable aviation fuel (SAF) as the government prepares to mandate blended fueling for all international flights starting in 2027. Industry leaders warn, however, that the high upfront costs and uncertain global demand mean state support will be critical. SK Energy [...]