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Yachting: in Monaco, the Sea Index sets the course for ecological transition

Yachting: in Monaco, the Sea Index sets the course for ecological transition

MONACO, June 10, 2025 (Korea Bizwire) – In the heart of the Mediterranean, where luxury yachting meets the pressing demands of environmental responsibility, Monaco is positioning itself as a frontrunner in sustainable maritime innovation. This week, the Principality hosted the ‘Blue Economy and Finance Forum (BEFF)’ – an official event of the United Nations Ocean [...]

LambdaTest Unveils AI-Native Test Case Generator to Revolutionize Software Quality Assurance

LambdaTest Unveils AI-Native Test Case Generator to Revolutionize Software Quality Assurance

New Feature Transforms Various Requirement Formats into Structured Test Cases, Saving Time and Enhancing Test Coverage San Francisco, CA, June 10, 2025 (Korea Bizwire) – LambdaTest, a unified agentic AI and cloud engineering platform, has launched its AI Test Case Generator, a groundbreaking tool designed to streamline the test case creation process for quality assurance (QA) teams. [...]

Bank of Korea Warns of Monetary Risks as Stablecoin Push Gains Momentum

Bank of Korea Warns of Monetary Risks as Stablecoin Push Gains Momentum

SEOUL, June 10 (Korea Bizwire) — As momentum builds for the launch of won-backed stablecoins in South Korea, the Bank of Korea (BOK) is mounting a vocal defense of the traditional monetary system, warning that poorly designed frameworks could undermine financial stability and weaken the won’s position as legal tender. The central bank will host [...]

Dawn Delivery Services Rated Most Consumer-Friendly, Wedding Services Least

Dawn Delivery Services Rated Most Consumer-Friendly, Wedding Services Least

SEOUL, June 10 (Korea Bizwire) — South Korean consumers ranked the dawn delivery market as the most consumer-friendly, while wedding services received the lowest score in a nationwide survey released Tuesday by the Korea Consumer Agency. The findings are part of the agency’s “2024 Consumer Market Evaluation Index,” which assesses how consumer-oriented various markets are [...]

Majority of Koreans Plan to Expand Digital Asset Investments Amid Policy Shifts

Majority of Koreans Plan to Expand Digital Asset Investments Amid Policy Shifts

SEOUL, June 10 (Korea Bizwire) — As South Korea’s new administration moves to position the country as a global hub for digital assets, a majority of Koreans say they plan to increase their investment in cryptocurrencies and related financial products, according to a nationwide survey released Monday. The Korea Chamber of Commerce and Industry (KCCI) [...]

Kia Begins Mass Production of Next-Generation Military Trucks After Nearly 50 Years

Kia Begins Mass Production of Next-Generation Military Trucks After Nearly 50 Years

SEOUL, June 10 (Korea Bizwire) — Kia Corp. announced Tuesday that it has begun mass production of its next-generation standard medium-duty military vehicles, marking the first full-scale model renewal in 48 years. The automaker held a rollout ceremony at its Autoland Gwangju plant, attended by over 100 officials, including senior representatives from the Ministry of National [...]

FTC Greenlights Tving-Wavve Merger, Mandates Price Freeze Through 2026

FTC Greenlights Tving-Wavve Merger, Mandates Price Freeze Through 2026

SEOUL, June 10 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has conditionally approved the merger of streaming platforms, Tving and Wavve, requiring the two local companies to maintain their current subscription prices until the end of next year. The Fair Trade Commission (FTC) said the two homegrown over-the-top (OTT) service providers must [...]

Corporate Loan Demand Surges in Early 2025 Amid Rising Need for Operating Capital

Corporate Loan Demand Surges in Early 2025 Amid Rising Need for Operating Capital

SEOUL, June 10 (Korea Bizwire) — South Korean companies turned to banks at a significantly higher rate in the first quarter of 2025, with demand for operating funds driving a sharp rise in corporate borrowing, according to new data released Tuesday by the Bank of Korea (BOK). The total outstanding loans to local companies reached 1,979.5 [...]

‘Squid Game’ Nears Conclusion With Seasons 2 and 3 Exploring Humanity’s Struggles in a Capitalist World

‘Squid Game’ Nears Conclusion With Seasons 2 and 3 Exploring Humanity’s Struggles in a Capitalist World

SEOUL, June 10 (Korea Bizwire) — Hwang Dong-hyuk, creator and director of Netflix’s global hit Squid Game, said the upcoming second and third seasons will conclude the epic saga while shifting focus from delivering a message to raising profound questions about humanity’s future in a capitalist society. At a press conference held Monday in Seoul, [...]

POSCO Future M Completes Key Precursor Plant to Strengthen Battery Supply Chain

POSCO Future M Completes Key Precursor Plant to Strengthen Battery Supply Chain

SEOUL, June 10 (Korea Bizwire) — POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Tuesday it has completed a key production facility as part of efforts to establish a fully integrated domestic supply chain for battery materials. The precursor plant, built within the existing cathode materials complex in Gwangyang, about [...]