SEOUL, Nov. 6 (Korea Bizwire) – The Seoul Metropolitan Government announced on November 5 that it will become the first city in South Korea to designate “scooter-free zones” on streets with high accident risks, marking a significant shift in urban mobility management. The city will also begin immediate towing of illegally parked e-scooters, with municipal officials, [...]
SEOUL, Nov. 6 (Korea Bizwire) – The number of South Koreans opting to remain economically inactive without specific reasons has gone up by 245,000 this year amid tough job market conditions and economic uncertainties, the statistics agency said Wednesday. The total number of economically inactive individuals came to 16.21 million as of August, up 48,000 [...]
TURIN, Italy, Nov. 05, 2024 (Korea Bizwire) – Everything’s ready for the 10th edition of the Vendée Globe, the single-handed, non-stop, non-assisted round-the-world sailing race that takes place every four years since 1989. Forty sailors will set out on November 10th from Les Sables-d’Olonne, in France, and among them there will be Boris Herrmann, member [...]
B.C. utility will advise General Fusion as it prepares to deploy practical commercial fusion technology to power a lower carbon energy future RICHMOND, British Columbia, Nov. 05, 2024 (Korea Bizwire) – Today, General Fusion announced that FortisBC Inc. (FortisBC), a regulated utility providing safe and reliable electricity, has joined its Market Development Advisory Committee (MDAC). [...]
Pulvera & Verita Offer Industry-Leading Luxury with Reduced Environmental Impact ROCHESTER, Mich., Nov. 05, 2024 (Korea Bizwire) – Pangea, a leading innovator in sustainable materials for the automotive industry, proudly announces the launch of two groundbreaking products: Pulvera and Verita. These advanced automotive leathers represent a bold step in Pangea’s ongoing commitment to sustainability and [...]
SEOUL, Nov. 5 (Korea Bizwire) – The national football governing body said Tuesday it is considering appealing a decision by the sports ministry to demand disciplinary action for its leader as a result of a monthlong investigation. Earlier Tuesday, the ministry announced the final findings of its probe into the operations at the Korea Football [...]
MOSCOW, Nov. 5 (Korea Bizwire) – Russian Deputy Foreign Minister Andrey Rudenko said Tuesday that North Korea’s missile tests were “legitimate” defensive measures in response to what he described as the United States’ “provocations,” Russia’s state-run news agency reported. Rudenko reiterated the stance of Russia’s Permanent Representative to the U.N., Vasily Nebenzya, who has defended [...]
SEOUL, Nov. 5 (Korea Bizwire) – In response to its first quarterly loss in 12 years, South Korean gaming giant NCsoft has pledged to undergo a drastic restructuring by year’s end to revitalize its performance. During the third-quarter earnings call on November 4, NCsoft CFO Hong Won-jun promised that from 2025 onwards, the company would focus [...]
Third quarter 2024 reported and adjusted* operating income increased 26% and 29% compared to prior year Third quarter 2024 reported and adjusted EPS were $2.83 and $3.05, an increase of 20% and 31%, respectively Raising guidance for full-year reported EPS to be in the range of $10.60 to $10.90 and adjusted EPS to be in the [...]
Global Phase 1 clinical trial will evaluate the safety and tolerability of ZW191 in treatment of advanced cancers including ovarian, endometrial, and non-small cell lung cancers VANCOUVER, British Columbia, Nov. 05, 2024 (Korea Bizwire) – Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard [...]