SEOUL, Dec. 4 (Korea Bizwire) — South Korea has abolished the statute of limitations for sexual violence committed by family members against children and adolescents, a sweeping legal reform aimed at strengthening protections for young victims and increasing accountability for offenders. The Ministry of Gender Equality and Family said Wednesday that the National Assembly passed revisions [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s major business lobby warned that companies may face nearly 27 trillion won (US$20.4 billion) in carbon-credit purchasing costs over the next five years under the government’s newly announced emissions trading allocation plan. The climate ministry swiftly rejected the estimate, calling it an exaggerated projection based on flawed assumptions. [...]
SEOUL, Dec. 4 (Korea Bizwire) — Amid heightened foreign-exchange volatility this year, South Korea’s major banks have taken markedly different approaches to managing currency risk, newly released filings show. According to third-quarter disclosures from the country’s four largest lenders — KB Kookmin, Shinhan, Hana and Woori — all maintained “long” positions in foreign currency, meaning they [...]
SEOUL, Dec. 3 (Korea Bizwire) — Korean Air Co. and Hyundai Rotem Co. said Wednesday they will jointly develop a reusable 35-ton-class methane rocket engine — a core technology for next-generation launch vehicles — by October 2030 under a government-backed 49 billion-won (US$33 million) program. Under the program, overseen by the Korea Research Institute for [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday it has unveiled its first mass-produced mobility robot platform, designed for various industrial and everyday applications, at a major robotics exhibition in Japan. The group, whose major affiliates include Hyundai Motor Co. and Kia Corp., showcased the Mobile Eccentric Droid (MobED) at [...]
VICTORIA, Seychelles, Dec. 03, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), has released the second video in its LALIGA collaboration series, this time starring football champion Julián Alvarez and the exchange’s AI-powered crypto assistant, GetAgent. The new film leans into a playful twist: Alvarez’s “secret coach” isn’t a person at all, it’s an [...]
SAN FRANCISCO, Dec. 03, 2025 (Korea Bizwire) – Meltwater, a global leader in media, social, and influencer intelligence, has been recognized as a Leader in the new IDC MarketScape: Worldwide Influencer Management for SMB Companies 2025–2026 Vendor Assessment (doc #US52967425, November 2025). The recognition follows Meltwater’s recent recognition as a Leader in the IDC MarketScape: Worldwide Influencer Marketing Platforms [...]
Initiation of trial marks milestone for Crinetics’ novel nonpeptide drug conjugate platform SAN DIEGO, Dec. 03, 2025 (Korea Bizwire) – Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) today announced the first patient has been dosed in the Phase 1/2 study evaluating CRN09682 in patients with metastatic or locally advanced somatostatin receptor type 2 (SST2)-positive neuroendocrine tumors and other SST2-expressing [...]
ABU DHABI, United Arab Emirates, Dec. 03, 2025 (Korea Bizwire) – Appian Capital Advisory Limited (“Appian”), the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries, announces the completion of a US$150 million acquisition financing package to Atlantic Group to support the buyout of Tongon gold [...]
A Media Snippet accompanying this announcement is available by clicking on this link. AMSTERDAM, Dec. 03, 2025 (Korea Bizwire) – The World has finally called time on ‘drinking pressure’ as society moves to a place where the uncomfortable question of ‘’why aren’t you drinking?’’ is officially more awkward to ask than answer. A new global [...]