SEOUL, Sept. 7 (Korea Bizwire) — LG Group said Thursday it held an annual startup event to nurture and support promising startup companies. Forty companies from various fields, including artificial intelligence, bio technology and clean tech sectors, three of the sectors LG designated as future growth engines, participated in the event to demonstrate their technologies [...]
SEOUL, Sept. 7 (Korea Bizwire) — The culture ministry said Thursday it will push for a partial renovation of the former presidential office compound of Cheong Wa Dae next year to enhance the convenience of visitors. Cheong Wa Dae has been turned into a major tourist destination in Seoul since May last year, when President [...]
BIRMINGHAM, Ala. and LONDON, Sept. 7 (Korea Bizwire) — Harbert Management Corporation (“HMC”) announces that Bryony Tomlinson has joined the firm as Managing Director, Head of European Capital Markets. Based in London, Bryony will lead HMC’s outreach in the European marketplace to provide solutions for existing investors as well as develop new limited partner relationships. [...]
SEOUL, Sept. 7 (Korea Bizwire) – South Korea’s financial regulator on Thursday asked foreign securities firms to beef up efforts to prevent illegal stock short selling amid an increase in such cases. The Financial Supervisory Service (FSS) made the request in a meeting with compliance officers of 23 foreign securities companies here, calling for an [...]
KIELCE, Sept. 7 (Korea Bizwire) — South Korea’s Hanwha Group hopes to strengthen its presence in the Polish defense market by competing in the Eastern European country’s submarine acquisition project, a senior executive at the group’s defense unit has said. Lee Boo-hwan, head of Hanwha Aerospace Co.’s European unit, made the remarks Wednesday in a [...]
Maastricht, Netherlands, Sept. 7 (Korea Bizwire) – Mosa Meat, a leader in cultivated beef production, announced today to have become a Certified B Corporation™. This marks a significant milestone in the company’s commitment to creating a more sustainable food system and bringing together partners, investors and suppliers who use business as a force for good. Upon [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean center back Kim Min-jae has been nominated for the prestigious Ballon d’Or award. France Football magazine unveiled the 30 nominees for the annual award recognizing the best in football Wednesday (local time), and Kim, who now plays for Bayern Munich after enjoying a successful 2022-2023 campaign with [...]
SEOUL, Sept. 7 (Korea Bizwire) – The national human rights watchdog recommended legislation Thursday to ensure that inmates will not be held in disciplinary solitary confinement for an extended period. The National Human Rights Commission made the recommendation to the justice minister over a petition filed by an inmate after he had been put in [...]
SEOUL, Sept. 7 (Korea Bizwire) — Luxury fashion brands are expanding their presence in the vibrant Korean art scene through collaborations and sponsorships in an effort to court art collectors who gather in Seoul for international art fairs. European fashion brands have a busy week of art exhibitions and VIP events at various venues across [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean cosmetics giant Amorepacific Corp. said Thursday it has officially launched its luxury makeup brand Hera in Japan as part of its efforts to expand the brand’s global business. Hera entered the Tokyo and Osaka branches of Japan’s biggest beauty platform, @COSME, on Friday after opening a pop-up [...]