SEOUL, June 10 (Korea Bizwire) — Hyundai Motor Co. on Tuesday released the face-lifted Nexo hydrogen-powered sport utility vehicle (SUV) in South Korea, unveiling key features and price schemes for the fully revamped model. The upgraded hydrogen fuel cell electric vehicle (FCEV) model boasts a futuristic design that blends urban and outdoor utility, a driving [...]
SEOUL, June 10 (Korea Bizwire) — South Korea’s Hanwha Group said Tuesday it has received approval from the U.S. government to acquire up to a 100 percent stake in Australia-based shipbuilding and defense firm Austal, clearing a major hurdle in its push to expand its presence in the global defense market. The recent approval from [...]
SEOUL, June 10 (Korea Bizwire) — South Korea is likely to sign a deal worth around US$6 billion to export additional K2 tanks to Poland later this month, government sources said Tuesday, in what would be Seoul’s biggest single arms export contract. Under the deal set to be signed in late June, Poland will receive [...]
SEOUL, June 10 (Korea Bizwire) — Transactions of over-the-counter (OTC) derivatives rose to the highest level last year, helped by a sharp increase in currency forwards and interest swaps, data showed Tuesday. The combined turnover of OTC derivatives, including stock options and interest rate swaps, came to 26,461 trillion won (US$19.41 trillion) last year, up [...]
Collaboration combines trading expertise and technology to deliver smarter strategies, education, and tools for traders worldwide LONDON, June 09, 2025 (Korea Bizwire) – EBC Financial Group (EBC), a global leader in financial brokerage and asset management, is proud to announce a strategic knowledge partnership with Brokeree Solutions, a cutting-edge technology provider serving multi-asset brokers worldwide. [...]
Seongnam-si, South Korea and Abu Dhabi, UAE, June 09, 2025 (Korea Bizwire) – AriBio Co., Ltd. (“AriBio”), a South Korean biopharmaceutical company specializing in neurodegenerative diseases, and a Swiss pharmaceutical company Acino, part of Arcera, a global life sciences company based in Abu Dhabi (collectively “Arcera”), today announced the signing of exclusive licensing and commercialization, [...]
SEOUL, June 9 (Korea Bizwire) — A Turkish national has become the first foreigner to complete South Korea’s National Heritage Passport Tour, a cultural initiative launched to promote the beauty and value of the country’s historic sites, the Korea Heritage Service announced Monday. Kuvvet Ayse, the traveler in question, visited all 76 designated national heritage [...]
SEOUL, June 10 (Korea Bizwire) — Despite its wealth of manufacturing data, South Korea lacks the standardization and integration infrastructure necessary to fully leverage industrial artificial intelligence (AI), according to a new report calling for more proactive engagement from both government and industry. In its latest publication, “AI-Driven Transformation of Korea’s Key Export Industries,” the [...]
SEOUL, June 10 (Korea Bizwire) — A growing number of South Korean consumers are purchasing eco-friendly agricultural products, but high prices continue to hinder broader adoption, according to a government survey released Monday. The Ministry of Agriculture, Food and Rural Affairs reported that 76.8% of respondents said they had purchased eco-friendly produce at least once in [...]
SEOUL, June 10 (Korea Bizwire) –To mark the 20th anniversary of its Yongsan relocation, the National Museum of Korea has launched a major special exhibition titled “A New Nation, A New Art: Masterpieces from the Early Joseon Dynasty,” showcasing the artistic innovations that emerged during Korea’s foundational 15th–16th centuries. Opening this week, the exhibition brings [...]