Korea Bizwire, Author at Be Korea-savvy | Page 90 of 1019
Walter P Moore Expands Global Presence with New Riyadh Office

Walter P Moore Expands Global Presence with New Riyadh Office

Leading engineering firm enhances service capabilities in the Middle East Riyadh, Saudi Arabia, Nov. 11, 2025 (Korea Bizwire) – Walter P Moore, a global leader in engineering, announces its expansion into Riyadh, Kingdom of Saudi Arabia. This move represents a significant step in strengthening the firm’s presence in the Middle East and supporting development across [...]

Saudi Arabia Joins Global Framework for Close-Out Netting

Saudi Arabia Joins Global Framework for Close-Out Netting

RIYADH, Saudi Arabia, Nov. 11, 2025 (Korea Bizwire) – The International Swaps and Derivatives Association (ISDA) has published its legal opinions that recognize the enforceability of close-out netting in Saudi Arabia, a move that provides global financial institutions with greater legal certainty when transacting in the Kingdom’s Derivatives Market. The decision follows the Capital Market [...]

Biotech Output Rebounds as Seoul Pledges Broader Support for R&D and Exports

Biotech Output Rebounds as Seoul Pledges Broader Support for R&D and Exports

SEOUL, Nov. 11 (Korea Bizwire) – South Korea’s biotechnology industry output grew nearly 10 percent in 2024 from a year earlier despite persistent global trade uncertainties, industry data showed Tuesday. The country’s biotechnology industry production came to 22.92 trillion won (US$15.7 billion) last year, up from 20.87 trillion won in 2023, the Ministry of Trade, [...]

Seoul Halts Review of Google’s Request to Export High-Precision Maps, Citing Documentation Gaps

Seoul Halts Review of Google’s Request to Export High-Precision Maps, Citing Documentation Gaps

SEOUL, Nov. 11 (Korea Bizwire) – The South Korean government on Tuesday suspended its review of Google’s request to export high-precision maps overseas, asking the U.S. tech giant to supplement its documentation. During a review meeting, a government consultative body requested Google submit revised documents by Feb. 5, with the review process suspended until then, [...]

More South Koreans Expect Better Finances Next Year, Survey Finds, Even as Loneliness Rises

More South Koreans Expect Better Finances Next Year, Survey Finds, Even as Loneliness Rises

SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]

Recover™ Launches Recover™ Fabrics to Accelerate Recycled Cotton Adoption

Recover™ Launches Recover™ Fabrics to Accelerate Recycled Cotton Adoption

Madrid, Nov. 11, 2025 (Korea Bizwire) – Recover™, a leading materials science company and one of the world’s largest producers of recycled cotton fiber, today announced the launch of Recover™ Fabrics, a new product line designed to make premium, low-impact fabrics readily accessible to brands of all sizes, from global retailers to emerging labels.  Making Sustainable Fabrics [...]

Grab Pilots High-Accuracy GPS Positioning System to Improve Location and Navigation Accuracy of GrabMaps in Singapore

Grab Pilots High-Accuracy GPS Positioning System to Improve Location and Navigation Accuracy of GrabMaps in Singapore

The pilot programme, launched in collaboration with OPPO, Qualcomm Technologies and Swift Navigation, marks Southeast Asia’s first deployment of high-accuracy GPS in a mobile phone and app integration. SINGAPORE, Nov. 11, 2025 (Korea Bizwire) – Grab Singapore has launched a pilot programme that uses high accuracy lane-level GPS positioning to enhance the navigation experience for [...]

Finextra and Cloudera Report Reveals Hybrid AI is the New Standard in Financial Services, with 91% Citing It as Highly Valuable

Finextra and Cloudera Report Reveals Hybrid AI is the New Standard in Financial Services, with 91% Citing It as Highly Valuable

Global study of financial executives finds a persistent “implementation gap” as 97% of firms face data silos and rank data security as the top barrier to AI success SANTA CLARA, Calif., Nov. 10, 2025 (Korea Bizwire) – Cloudera, the only company bringing AI to data anywhere, today announced a new global report. The report, created in [...]

T1’s Faker Credits “Passion” for His Longevity After Historic Third Straight LoL World Championship Win

T1’s Faker Credits “Passion” for His Longevity After Historic Third Straight LoL World Championship Win

SEOUL, Nov. 11 (Korea Bizwire) —  Lee “Faker” Sang-hyeok, captain of South Korea’s T1, said his enduring passion for competition and growth keeps him motivated after leading his team to a historic third consecutive victory at the 2025 League of Legends World Championship. “I’ve always loved the game, and competing with the best players still [...]

Seoul on Alert as North Korean Hackers Use AI to Destroy Data, Spy on Civilians

Seoul on Alert as North Korean Hackers Use AI to Destroy Data, Spy on Civilians

SEOUL, Nov. 11 (Korea Bizwire) — North Korean hackers have escalated their cyberattacks to a new level of sophistication, using artificial intelligence to remotely control South Koreans’ smartphones, erase data, and even spy on users through webcams and location-tracking services, according to industry experts. Cybersecurity analysts say the regime’s hacking operations have evolved from data theft [...]