SEOUL, Nov. 11 (Korea Bizwire) — The South Korean government’s plan to reform how medical clinics are paid for lab tests has sparked strong opposition from doctors, who say the changes threaten their income and overlook the realities of clinical care. The Ministry of Health and Welfare announced Monday that it will end the decades-old practice [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s five largest business groups now make up more than half of the country’s total stock market capitalization, reflecting the scale of their influence amid a sharp rally in equities this year. The combined market value of listed affiliates under Samsung, SK, Hyundai Motor, LG and HD Hyundai accounted [...]
SEOUL, Nov. 11 (Korea Bizwire) – Hyundai Motor Co. said Tuesday it has been selected as the supplier for an Indonesian electric bus project on the resort island of Bali. The company said its quality competitiveness, after-sales service program and experience in eco-friendly public projects were recognized by the project organizers. Under the agreement, Hyundai [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s business community reacted with dismay after the government and ruling party agreed to raise the nation’s 2035 greenhouse gas reduction target beyond previous levels, warning that the move could undermine industrial competitiveness and trigger job losses. During a high-level meeting on November 9, policymakers endorsed a plan to [...]
PHILADELPHIA, Nov. 10, 2025 (Korea Bizwire) – Datavault AI Inc. (NASDAQ: DVLT), a leader in data monetization, credentialing, and digital engagement technologies, today released an Investor Update detailing key developments across its financial performance, technology platforms, and international footprint as the company continues to expand its presence in the global proof economy. Datavault’s recent progress reflects [...]
SEOUL, Nov. 11 (Korea Bizwire) — Seoul Metro said Monday it has begun pilot operations of mobile cooling tanks at major subway stations to better respond to the growing risk of battery-related fires. The portable tanks, equipped with wheels for easy movement within stations, are designed to help contain and extinguish fires caused by lithium-ion batteries. [...]
LOS ANGELES, Nov. 11 (Korea Bizwire) — Kia has unveiled the redesigned 2027 Telluride, a fully reimagined second-generation model of its flagship SUV for the North American market, the company said Monday (local time). First introduced in 2019 and produced at Kia’s Georgia plant, the Telluride has become one of the brand’s biggest U.S. success stories, [...]
Turkish antitrust clearance obtained; transaction remains subject to French direct foreign investment authorization and EU Foreign Subsidies clearance Transaction target closing date set for November 28, 2025 Esso S.A.F. shareholders approved extraordinary distribution of €60.21 per share Assuming a closing on November 28, 2025, final purchase price of €26.19 per Esso S.A.F. share for the [...]
Related: T1 Wins Third Straight League of Legends World Championship, Cementing Its Legacy in Esports History SEOUL, Nov. 10 (Korea Bizwire) — When T1 hoisted the Summoner’s Cup in Chengdu on November 9, it wasn’t just another victory — it was the completion of an unprecedented League of Legends “three-peat,” a feat no team in the world [...]
SAN FRANCISCO, Nov. 10, 2025 (Korea Bizwire) – Meltwater, a leading global provider of media, social, and consumer intelligence, today announced the appointment of Tres Thompson as Chief Financial Officer (CFO). With over 35 years of experience in accounting, finance, and operational leadership within both privately held and publicly traded technology companies, Thompson brings a wealth [...]