SEOUL, June 22 (Korea Bizwire) — In an era where diplomacy increasingly plays out in digital spaces, South Korean President Lee Jae-myung is reshaping how leaders connect with the world—one tweet at a time. Earlier this week, before departing for the G7 Summit in Canada, President Lee instructed his staff to publish his social media [...]
SEOUL, June 22 (Korea Bizwire) — LG Electronics Inc. said Sunday it will install large light-emitting diode (LED) digital displays at Roig Arena, a new indoor multipurpose facility in Spain, as part of its effort to expand its global sports entertainment business. The company plans to install a massive exterior LED screen, dubbed “The Eye,” [...]
SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Co.’s vehicle exports from its U.S. plant plunged last month, industry data showed Sunday, as the company accelerates production realignment strategies to cope with rising tariff tensions. Hyundai Motor Manufacturing Alabama (HMMA), a U.S. production unit of the South Korean automaker, exported just 14 vehicles in June, [...]
PARIS, June 21, 2025 (Korea Bizwire) – On the occasion of Jetoptera’s debut at the Paris Air Show 2025, we are proud to announce the successful completion of the first test of the engine that will power the J-500, the 500-lb VTOL cargo unmanned aircraft system Jetoptera is developing in collaboration with Eanan Al Samma, [...]
SEOUL, June 21 (Korea Bizwire) — South Korea’s benchmark KOSPI index surged past the 3,000 mark for the first time in three and a half years this week, fueling investor interest in sectors poised to benefit from President Lee Jae-myung’s economic agenda amid intensifying global volatility driven by renewed U.S. protectionism under President Trump. Analysts attribute [...]
Definitive Agreement Signed to Acquire 80% of Smart Bridge Technology, a Profitable Agentic AI Platform KUALA LUMPUR, Malaysia, June 20, 2025 (Korea Bizwire) – Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a next-generation provider of customizable AI and automation platforms, today announced the signing of a definitive Share Sale Agreement (SSA) to acquire [...]
BOSTON, June 21 (Korea Bizwire) — South Korea solidified its standing as a global biotech powerhouse at this year’s BIO International Convention (BIO USA), the world’s largest biotechnology exhibition, which concluded Wednesday in Boston. With over 1,300 Korean delegates—the most from any overseas nation for the third consecutive year—South Korea’s presence reflected both its scientific [...]
DAEJEON, June 21 (Korea Bizwire) — A rare albino narrow-mouthed toad (commonly known in Korea as maengkkongi) has been discovered in Daejeon, marking only the second confirmed case of its kind ever recorded in South Korea. The finding was announced by Moon Kwang-yeon, director of the Korean Herpetological Society, who observed the white-skinned, red-eyed amphibian on [...]
SEOUL, June 21 (Korea Bizwire) — Hyundai Engineering & Construction (Hyundai E&C) unveiled an artificial intelligence-based sleep environment solution on Thursday, as South Korea’s leading builder accelerates efforts to integrate wellness technologies into residential living. The new system, dubbed “Hey, Sleep,” uses AI to analyze individual sleep patterns and automatically optimize environmental factors such as [...]
SINGAPORE, June 19, 2025 (Korea Bizwire) – OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call [...]