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Conagen and Sumitomo Chemical Jointly Develop a New Era of Renewable Carbon Materials

Bedford, Mass., Aug. 1 (Korea Bizwire) – Conagen, the bioplatform innovator and biomanufacturer, and Sumitomo Chemical, Japan’s leading chemical company, have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis, and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production. Developing PHS [...]

Online Posts Hinting at Murder Rampage Trigger Fear in Seoul

SEOUL, Aug. 1 (Korea Bizwire) — Following a fatal stabbing rampage that occurred in daylight in Seoul’s Gwanak District, a series of online posts vowing to commit a similar crime is sparking controversy. Last week, police put a 20-something man under emergency detention on suspicions of uploading an online post the previous day threatening to “kill 20 women [...]

S. Korea to Establish Doctors’ Network for Emergency Cardio-cerebrovascular Treatment

SEOUL, Aug. 1 (Korea Bizwire) — South Korea will establish a network of doctors in each region to ensure that individuals with cardio-cerebrovascular diseases receive proper medical treatment within the so-called “golden time” during emergency situations, officials said on Monday. The Ministry of Health and Welfare announced that it will launch a regional doctors’ network [...]

Playtika Holding Corp. Enters Definitive Agreement to Acquire the Youda Games Portfolio from Azerion

Herzliya, Israel and Amsterdam, Netherlands, Aug. 1 (Korea Bizwire) – Playtika Holding Corp. (NASDAQ: PLTK), a mobile games pioneer and interactive entertainment leader, and Azerion Group N.V. (EURONEXT: AZRN) one of Europe’s largest digital advertising and entertainment media platforms, announced today they have entered into a definitive agreement for Playtika to acquire from Azerion its Youda Games [...]

Human Rights Watchdog Urges KORAIL to Include Foreigners with Disabilities in Fare Discount

SEOUL, Aug. 1 (Korea Bizwire) — The state-run railway operator should give foreigners registered as disabled the same discount on train tickets as local disabled people receive, the state human rights watchdog said Tuesday. The National Human Rights Commission of Korea put forward the opinion after a woman filed a petition last year that her [...]

Online Shopping Up 7.7 pct in June on Travel Rebound

SEOUL, Aug. 1 (Korea Bizwire) — Online shopping in South Korea moved up 7.7 percent in June from a year earlier on the back of a rebound in the demand for travel services, data showed Tuesday. The value of online shopping transactions amounted to 18.42 trillion won (US$14.41 billion) in June, compared with 17.1 trillion [...]

Market Cap of Conglomerates Jumps 350 tln Won This Year

SEOUL, Aug. 1 (Korea Bizwire) — The market capitalization of South Korea’s conglomerates soared more than 350 trillion won (US$273.8 billion) this year amid a bullish trend in the country’s stock markets, data showed Tuesday. The combined value of a total of 338 listed companies owned by 73 business groups reached 1.77 quadrillion won as [...]

N. Korea Frequently Releases Water from Dam Near Inter-Korean Border in July

SEOUL, Aug. 1 (Korea Bizwire) — North Korea frequently released water from a dam near the inter-Korean border in July despite South Korea’s request for prior notice, Seoul’s unification ministry said Tuesday. Some of the floodgates of the Hwanggang Dam were opened to discharge water on July 20, 24 and 27, without the North notifying [...]

World Scout Jamboree Kicks Off in Saemangeum

BUAN, Aug. 1 (Korea Bizwire) – The World Scout Jamboree, the largest international Scout event, kicked off in Saemangeum, a reclaimed land area on the southwestern South Korean coast, on Tuesday, bringing together over 43,000 young Scouts from 158 countries. The 25th edition of the world jamboree will continue through Aug. 12 in the Saemangeum [...]

Hyundai E&C Wins US$145 mln Order from Saudi Arabia

SEOUL, Aug. 1 (Korea Bizwire) — Hyundai Engineering & Construction Co., South Korea’s No. 2 builder, said Tuesday it has bagged a US$145 million order to lay power transmission lines in Saudi Arabia. The deal, signed with a Saudi state power company, calls for building 207 kilometers of a 525-kilovolt, 605-km transmission line between Saudi [...]