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Junshi Biosciences Announces 2023 Interim Financial Results and Provides Corporate Updates

SHANGHAI, China, Aug. 30 (Korea Bizwire) — Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its 2023 interim financial results and provided corporate updates. FINANCIAL HIGHLIGHTS As of 30 June 2023, the company’s total revenue was [...]

Gov’t Recommended to Reverse Decision to Revoke Defector Group’s License over Anti-North Leafleting

SEOUL, Aug. 31 (Korea Bizwire) — The Seoul High Court has recommended that the government reverse its 2020 decision to revoke the organizational license of a North Korean defectors’ group for sending anti-Pyongyang propaganda leaflets over to the North, sources said Thursday. The recommendation was made Wednesday in a lawsuit filed by the Fighters for [...]

Samsung Heavy Wins Certification for Floating CO2 Storage Unit

SEOUL, Aug. 31 (Korea Bizwire) — South Korean shipyard Samsung Heavy Industries Co. said Thursday it has won an approval in principle for a floating carbon dioxide storage unit (FCSU) from Norwegian accredited registrar and classification society DNV. The floating unit, developed jointly with Malaysia’s MISC Berhad, is 330 meters long and 64 meters wide, [...]

S. Korea Designates Oct. 2 as Temporary Holiday to Boost Consumption

SEOUL, Aug. 31 (Korea Bizwire) — South Korea’s finance ministry said Thursday the country has decided to designate Oct. 2 as a temporary holiday in the latest move to boost domestic consumption. The decision creates a six-day extended break, starting with the day before the Chuseok holiday, the autumn harvest celebration, which falls on Sept. [...]

S. Korea Downgrades COVID-19 to Lowest Infection Level

SEOUL, Aug. 31 (Korea Bizwire) — The infection level of COVID-19 was reduced to the lowest Class 4, on a level with seasonal flu, in South Korea on Thursday as part of the country’s effort to fully return to a pre-pandemic level, health authorities said. The Korea Disease Control and Prevention Agency (KDCA) said its [...]

Southco Introduces New High Strength Rotary Latches with Electronic Actuation and Door Status Sensors

HONG KONG SAR, Aug. 31 (Korea Bizwire) – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has expanded its rotary latch portfolio with new versions that can enable electronic actuation and provide an electronic [...]

Popera Singer Lim Hyung-joo to Perform at Pre-Mass Event in Ulaanbaatar

SEOUL, Aug. 31 (Korea Bizwire) — South Korean popera tenor Lim Hyung-joo will perform at a pre-event for the Mass that will be led by Pope Francis in Ulaanbaatar on Sunday, according to his agency, DGN COM, and the local Catholic community. They said Thursday that Lim will sing three songs — “Ave Maria,” “You [...]

Cows Stranded After Heavy Rainfall are Safely Rescued

JEJU, Aug. 31 (Korea Bizwire) — Firefighters on Jeju Island successfully conducted a rescue operation when a group of cows became stranded in a retention basin due to heavy rainfall. The Jeju Province Fire Safety Headquarters on Wednesday received a notification about a flooded retention basin in Seogwipo, which resulted in six cows becoming isolated [...]

Gov’t Takes Steps to Curb Pet Animal Breeding and Sales

SEOUL, Aug. 31 (Korea Bizwire) — South Korea on Wednesday unveiled unveiled a series of measures aimed at curtailing the indiscriminate breeding and selling of pet animals. The government is set to implement a parent dog registration system for breeding businesses, with the intention of bolstering the management of dogs raised for breeding purposes, according [...]

KDCA Introduces AI-powered System to Detect Disease-carrying Mosquitoes

SEOUL, Aug. 31 (Korea Bizwire) — The Korea Disease Control and Prevention Agency (KDCA) on Wednesday unveiled an artificial intelligence (AI)-powered system designed to identify mosquitoes that carry infectious diseases. The AI-based Automatic Mosquito Classification Monitoring System (AI-DMS) is scheduled for a pilot launch in selected local administrations beginning next month. It utilizes specialized equipment [...]