SINGAPORE, May 06, 2025 (Korea Bizwire) – Antalpha Platform Holding Company (“Antalpha” or the “Company”) today announced that it has launched the roadshow for its proposed initial public offering of 3,850,000 ordinary shares with expected pricing between $11.00 and $13.00 per ordinary share. Antalpha expects to grant the underwriters a 30-day option to purchase an [...]
SEOUL, May 6 (Korea Bizwire) — South Koreans in their 20s to 40s increasingly prioritize work over traditional milestones such as marriage, parenthood, and even personal fulfillment, underscoring a profound generational shift in values as the country confronts economic pressure and demographic headwinds. A report released by the National Integration Committee, based on a survey of [...]
SEOUL, May 6 (Korea Bizwire) — Seven in 10 households made online purchases of processed foods in 2024, a survey showed Tuesday, marking a sharp increase from a year earlier and a significant change in where and how people shop. According to the survey conducted by the Korea Rural Economic Institute, 72.3 percent of households [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s home appliances giant LG Electronics Inc. aims to collect 8 million tons of old appliances for recycling by 2030 as part of efforts to promote the circular economy, company officials said Tuesday. The company has retrieved a combined 5 million tons of discarded appliances from across the [...]
SEOUL, May 6 (Korea Bizwire) — South Korean e-commerce giant Coupang, Inc. said Tuesday it has launched an English interface for its mobile application to better cater to its foreign customers shopping online. The English interface will enable users to view functions central to the app, including product search, product descriptions, order information and payment, [...]
SEOUL, May 6 (Korea Bizwire) — Elderly dementia patients in South Korea hold assets worth a combined 153.5 trillion won (US$110.9 billion), which is equivalent to about 6.4 percent of the country’s gross domestic product (GDP), data showed Tuesday. The assets had been owned by 1.24 million dementia patients aged 65 and above as of [...]
May 6, 2025 Q1 2025 Group performance Group sales EUR 4.1 billion, reflecting a 2% decline in comparable sales growth mainly due to China; slightly ahead of company outlook due to Personal Health growth and royalty phasing Comparable order intake increased 2% despite China decline Income from operations increased to EUR 154 million Adjusted EBITA [...]
HAMILTON, Bermuda, May 05, 2025 (Korea Bizwire) – SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its first quarter ended March 31, 2025 Combined ratio of 95.4% in the first quarter for Core business with underwriting income of $29 million Net premiums written growth of 20%, outpacing gross premiums written growth of 12% [...]
SEOUL, May 6 (Korea Bizwire) — When Kim Nam-seok’s 10-year-old son begged him for a dog, Kim hesitated. The responsibilities of caring for a live animal were daunting. But last month, he gave in — not with a trip to the pet store, but by bringing home Luna, an AI-powered robot dog. “I didn’t expect much,” [...]
SEOUL, May 6 (Korea Bizwire) — Beauty products are undergoing a transformation in South Korea, emerging as fashion-forward accessories among the country’s style-savvy MZ generation — a demographic encompassing those born between the early 1980s and early 2000s. No longer limited to cosmetic utility, items like lip balms, tints, and compact cushions are increasingly designed to [...]