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LG Electronics Tests Eco-Friendly ‘Mineral Wash’ as Surfactant-Free Laundry Solution

LG Electronics Tests Eco-Friendly ‘Mineral Wash’ as Surfactant-Free Laundry Solution

SEOUL, June 26 (Korea Bizwire) — LG Electronics is set to launch a pilot project to evaluate the commercial viability of “Mineral Wash,” a functional glass powder that could replace surfactants in laundry detergents—offering a low-carbon, water-saving alternative for eco-conscious consumers and businesses. On Thursday, the company announced it would sign a memorandum of understanding [...]

South Korean Investment in U.S. Assets Hits Record High Amid Market Shift

South Korean Investment in U.S. Assets Hits Record High Amid Market Shift

SEOUL, June 26 (Korea Bizwire) — South Korea’s financial investment in the United States surged to an all-time high in 2024, as domestic investors increasingly turned to U.S. stocks and production facilities amid a shifting global economic landscape, data from the Bank of Korea showed Thursday. According to the central bank’s provisional international investment balance sheet, [...]

Study Finds Post-Heart Attack Survival Rates Linked to Employment and Income

Study Finds Post-Heart Attack Survival Rates Linked to Employment and Income

SEOUL, June 26 (Korea Bizwire) — A new study has found that survival rates following acute myocardial infarction, commonly known as a heart attack, vary significantly in South Korea depending on employment status and income level, revealing stark disparities in health outcomes tied to socioeconomic status. Researchers from Yonsei University’s Severance Hospital and Chung-Ang University [...]

Small Business Owners Voice Struggles, Urge Minimum Wage Freeze Amid Deteriorating Conditions

Small Business Owners Voice Struggles, Urge Minimum Wage Freeze Amid Deteriorating Conditions

SEOUL, June 26 (Korea Bizwire) — Nearly two-thirds of South Korea’s self-employed small business owners say their economic conditions have worsened this year, fueling renewed calls for a freeze or even a cut to the minimum wage, according to a new survey that underscores deepening financial pressures on the country’s smallest enterprises. The survey, released [...]

South Korea’s Forensic Expertise Aids Mongolia in Solving Cold Case, Modernizing Crime Labs

South Korea’s Forensic Expertise Aids Mongolia in Solving Cold Case, Modernizing Crime Labs

SEOUL, June 26 (Korea Bizwire) — South Korea’s advanced forensic science capabilities have significantly strengthened Mongolia’s criminal investigation system, culminating in the resolution of a years-old murder case and a sweeping upgrade of the nation’s forensic institutions. The National Forensic Service (NFS) of South Korea announced on Tuesday that it had successfully completed a multiyear [...]

South Korea to Build Two Hydrogen Clusters on East Coast by 2028

South Korea to Build Two Hydrogen Clusters on East Coast by 2028

SEOUL, June 26 (Korea Bizwire) — South Korea is pushing to build two hydrogen clusters in east coast provinces as part of efforts to foster the growth of hydrogen-related businesses, including hydrogen batteries, the industry ministry said Thursday. The country will start constructing a special industrial complex for hydrogen storage and transportation across the eastern [...]

Driving the Nation: Hyundai Motor Group Emerges as South Korea’s Top Economic Contributor in 2024

Driving the Nation: Hyundai Motor Group Emerges as South Korea’s Top Economic Contributor in 2024

SEOUL, June 26 (Korea Bizwire) — In a year defined by economic uncertainty and global industry shifts, Hyundai Motor Group stood out as South Korea’s most impactful corporate force—fueling growth across sectors and surpassing all other conglomerates in total economic contribution. According to data released Thursday by corporate tracker CEO Score, the automotive giant generated [...]

Hummingbird Bioscience Licenses HMBD-002, Phase II-Ready Anti-VISTA Monoclonal Antibody to Percheron Therapeutics

Hummingbird Bioscience Licenses HMBD-002, Phase II-Ready Anti-VISTA Monoclonal Antibody to Percheron Therapeutics

Percheron Therapeutics obtains exclusive worldwide rights to Hummingbird Bioscience’s anti-VISTA mAb for further clinical development Hummingbird Bioscience stands to receive up to USD 290 million in upfront and milestone payments, plus royalties, from Percheron Therapeutics Percheron Therapeutics aims to commence phase II clinical development of HMBD-002 in CY2026 SINGAPORE, June 26, 2025 (Korea Bizwire) – [...]

Teva to Host Conference Call to Discuss Second Quarter 2025 Financial Results at 8 a.m. ET on July 30, 2025

Teva to Host Conference Call to Discuss Second Quarter 2025 Financial Results at 8 a.m. ET on July 30, 2025

TEL AVIV, Israel, June 25, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) announced today that it will issue a press release on its second quarter 2025 financial results on Wednesday, July 30, 2025, at 7:00 a.m. ET. Following the release, Teva will conduct a conference call and live webcast on [...]