Korea Bizwire, Author at Be Korea-savvy | Page 231 of 1047
YY Group Announces Highlights of the Company’s Preliminary First Half 2025 Results

YY Group Announces Highlights of the Company’s Preliminary First Half 2025 Results

The Company’s preliminary data shows an increase in gross profit by nearly 100% and full-year 2025 revenue is projected to exceed $60 million Singapore , Sept. 08, 2025 (Korea Bizwire) – YY Group Holding Limited (Nasdaq: YYGH) (“YY Group” or the “Company”), a Singapore-headquartered provider of integrated facility management and on-demand staffing solutions, today announced [...]

Korea to Pilot Digital Currency Payouts for State Subsidies

Korea to Pilot Digital Currency Payouts for State Subsidies

SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s central bank, in coordination with the government and the country’s largest lenders, is preparing to test the use of central bank digital currency (CBDC) for distributing public subsidies, a move officials say could curb misuse and improve accountability. According to financial industry sources, the six major banks [...]

Bitget Ignites Catalunya MotoGP Weekend with Web3 Thrills, Real Rewards, and Racing Legends

Bitget Ignites Catalunya MotoGP Weekend with Web3 Thrills, Real Rewards, and Racing Legends

VICTORIA, Seychelles, Sept. 08, 2025 (Korea Bizwire) – Bitget, the world’s leading cryptocurrency exchange and Web3 company, accelerated the energy at the Catalunya Grand Prix in Barcelona, Spain, with both on-ground and online showings, blending speed, spectacle, and seamless Web3 activities across the race weekend from September 5 to 7. Following up on the partnership’s official [...]

Samsung Showcases AI-Powered Modular Home at IFA Berlin

Samsung Showcases AI-Powered Modular Home at IFA Berlin

BERLIN, Sept. 8 (Korea Bizwire)  — At Europe’s largest electronics fair, IFA 2025, Samsung Electronics unveiled a full-scale modular home outfitted with artificial intelligence technologies, underscoring its ambitions to shape the future of residential living. Erected beside Samsung’s exhibition hall at CityCube Berlin, the 218-square-meter, two-bedroom house was built in partnership with Samsung C&T and [...]

Shockwaves From Georgia: Korean Workers Caught in U.S. Immigration Crackdown

Shockwaves From Georgia: Korean Workers Caught in U.S. Immigration Crackdown

SAVANNAH, Ga., Sept. 8 (Korea Bizwire) — The workday had barely begun when phones began buzzing in unison at Hyundai Motor Group and LG Energy Solution’s sprawling battery plant construction site in Georgia. A text message appeared: stop work immediately. Within minutes, federal agents from Immigration and Customs Enforcement and Homeland Security Investigations swept across the [...]

Seoul’s Top Court Weighs Korea’s Right to Tax U.S. Patent Royalties

Seoul’s Top Court Weighs Korea’s Right to Tax U.S. Patent Royalties

SEOUL, Sept. 8 (Korea Bizwire) — A decades-long tax dispute over royalties paid by South Korean companies to U.S. patent holders is heading into a critical new phase, as the nation’s Supreme Court considers whether to alter its long-standing stance that has largely exempted American firms from local taxation. At issue is whether royalties paid [...]

Retailers Rush to Woo Chinese Tour Groups Ahead of Visa-Free Entry

Retailers Rush to Woo Chinese Tour Groups Ahead of Visa-Free Entry

SEOUL, Sept. 8 (Korea Bizwire) — South Korean retailers are bracing for the return of Chinese tour groups, set to enter visa-free from September 29, by rolling out fresh promotions and diversifying their product lineups beyond luxury cosmetics to fashion, lifestyle and even convenience store exclusives. In the mid-2010s, Chinese “Youke” travelers became synonymous with [...]

Korean Pension Fund Balances Profit and Principles in U.S. Proxy Votes

Korean Pension Fund Balances Profit and Principles in U.S. Proxy Votes

SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s National Pension Service (NPS), one of the world’s largest institutional investors, has been navigating a delicate balance between maximizing shareholder returns and advancing responsible investment in its recent voting at foreign corporate annual meetings. According to filings with the U.S. Securities and Exchange Commission and its own [...]