Korea Bizwire, Author at Be Korea-savvy

Home / Articles posted by Korea Bizwire

Teva and Fosun Pharma Enter into a Strategic Partnership to Develop Novel Anti-PD1-IL2 Therapy (TEV-56278) in Immuno-Oncology

Teva-engineered TEV-56278 is an anti-PD1-IL2 ATTENUKINE™ therapy in Phase 1 for the treatment of various forms of cancer, including melanoma Fosun Pharma-Teva collaboration agreement established with goal of accelerating clinical data generation for TEV-56278 Partnership leverages strategic relationships to enable research and development of innovative treatments to advance Teva’s Pivot to Growth strategy TEL AVIV, [...]

TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology — to Advance Development of Deep-Seabed Critical Minerals in the U.S

TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules (Image courtesy of TMC SNS channel) Korea Zinc Co., Ltd., (Korea Zinc) will make a strategic equity investment in TMC of $85.2 million in exchange for 19.6 million common shares at the last market [...]

Seoul Shares Spike To Over 3-Yr High On Gains In Defense, IT Sectors

SEOUL, June 16 (Korea Bizwire) — South Korean stocks soared to the highest mark in over three years Monday, driven by big gains in the defense, energy and IT sectors. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) jumped 52.04 points, or 1.8 percent, to end at [...]

Lee Calls On S. Korea, Japan To Join Hands For Future Ahead Of 60th Anniv. Of Ties

SEOUL, June 16 (Korea Bizwire) — President Lee Jae-myung on Monday called for South Korea and Japan to join hands for a better future, casting the two neighbors as important partners bound to work together amid a rapidly changing global environment. Lee made the remark in a congratulatory video message at the start of an [...]

S. Korea To Extend Fuel Tax Cut, EV Consumption Tax Reduction

SEOUL, June 16 (Korea Bizwire) — South Korea will extend its fuel tax cuts and consumption tax reductions for electric vehicles (EVs) to ease the financial burden on consumers amid rising prices and weakening demand, the finance ministry said Monday. Under the latest extension, the current fuel tax reductions — a 10 percent cut on [...]

Lee Heads For Canada To attend G7 summit

SEOUL, June 16 (Korea Bizwire) — President Lee Jae-myung departed for Canada on Monday to attend the Group of Seven (G7) summit, marking his diplomatic debut on the global stage just less than two weeks into his term in office. Lee embarked on a three-day trip to Alberta to attend an expanded G7 summit session [...]

Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth

Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI Siris to be controlling shareholder with support from key existing Mavenir lenders RICHARDSON, Texas, June 16, 2025 (Korea Bizwire) — Mavenir, the [...]

Deutsche Aircraft Unveils New Garmin G5000® PRIME Flight Deck for the D328eco® at Paris Air Show

Le Bourget, Paris, June 16, 2025 (Korea Bizwire) — At the Paris Air Show 2025, Deutsche Aircraft unveiled the New Garmin G5000® PRIME Flight Deck for the D28eco at Paris Air Show: the integration of Garmin’s G5000 PRIME integrated flight deck into the next-generation 40-seater D328eco regional turboprop. This announcement marks a significant advancement in [...]

Swiss President’s message to UEFA Women’s EURO 2025 fans in heartwarming new video: Even if you lose, you win in Switzerland

ZURICH, Switzerland, June 16, 2025 (Korea Bizwire) – Next month, Switzerland is hosting UEFA Women’s EURO 2025. For the first time, the president of a host nation has addressed the fans of a major event directly, declaring their support for the sport and all the teams competing. This morning, the Swiss president Karin Keller-Sutter released an official video which [...]

New Paybis OTC Desk And Wallets To Simplify Crypto Payments

London, UK, June 16, 2025 (Korea Bizwire) — Paybis, a global fiat-to-crypto gateway, is rolling out a secure and efficient OTC desk and crypto wallet to meet growing business demand for digital assets. With crypto acceptance growing close to 50% year-on-year among merchants, the OTC desk simplifies on- and off-ramping digital assets for businesses. An increasing number of enterprises [...]