SEOUL, June 4 (Korea Bizwire) – President Lee Jae-myung has instructed the launch of an emergency task force to address economic challenges as his first executive order since he took office Wednesday, his spokesperson said. Kang Yu-jung, spokesperson of the presidential office, made the remarks in a briefing, saying Lee ordered Deputy Prime Minister Lee [...]
SEOUL, June 4 (Korea Bizwire) — Police on Wednesday launched an investigation into a conservative education organization accused of online opinion manipulation in the final days of the June 3 presidential election campaign. Police said it banned Son Hyo-sook, head of the far-right group “Rhee Park School,” from leaving the country, and raided the group’s [...]
KWM declares strategic intent to become “the Metaplanet of Korea,” following the model of Metaplanet Inc., 2024’s top-performing global stock with a return of over 4,000% NEW YORK and SEOUL, South Korea, June 04, 2025 (Korea Bizwire) – K Wave Media, Inc. (Nasdaq: KWM) (“K Wave” or the “Company”), the first Korean media alliance listed on Nasdaq, [...]
Salsify’s global GDSN product also now supports additional regions, underscoring the competitive edge that GDSN + PXM unlocks for brand manufacturers BOSTON, June 04, 2025 (Korea Bizwire) – Salsify, the Product Experience Management (PXM) platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, today announced a significant enhancement to its Global Data [...]
VICTORIA, Seychelles, June 04, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a partnership with the University of Zurich, the world’s top #3 university (according to Coindesk’s 2021/22 rankings) for blockchain education. The exchange will sponsor the 6th edition of International Summer School—Deep Dive into Blockchain 2025 program at the University of Zurich [...]
New campaign celebrates the people behind engineering and construction and RIB’s commitment to delivering digital tools that turn vision into results. Stuttgart, Germany, June 04, 2025 (Korea Bizwire) — Stuttgart, Germany – May 2025 – RIB Software, a global leader in engineering and construction software technology, today announced the launch of its latest global brand [...]
AMSTERDAM, June 04, 2025 (Korea Bizwire) — Heineken® 0.0 has been announced as an official partner of Apple Original Films’ F1® THE MOVIE, a collaboration bought to life with a new campaign directed by the movie’s director/producer himself, Joseph Kosinski, and which features the film’s stars, Brad Pitt and Damson Idris. The campaign will launch ahead of [...]
June 4, 2025 (Korea Bizwire) Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 125 million. The repurchases will be executed through one or [...]
SEOUL, June 4 (Korea Bizwire) — President Lee Jae-myung on Wednesday nominated one of his close confidants, Rep. Kim Min-seok of the Democratic Party (DP) who served as a top campaign aide, as his candidate for prime minister, marking his first personnel announcement since he took office earlier in the day. Kim, a former student [...]
![[UPDATE] KAI Inks US$700 Mln Deal To Export FA-50 Aircraft To Manila](http://koreabizwire.com/wp/wp-content/uploads/2025/06/an-FA-50-fighter-landing-at-an-air-base-in-the-southwestern-city-of-Gwangju.-.jpg "[UPDATE] KAI Inks US$700 Mln Deal To Export FA-50 Aircraft To Manila")
SEOUL, June 4 (Korea Bizwire) — South Korean defense firm Korea Aerospace Industries Ltd. (KAI) has signed a deal with the Philippine defense ministry to export 12 FA-50 light attack fighters by 2030, the state arms procurement agency said Wednesday. The US$700 million deal signed Tuesday marks the second round of FA-50 exports to Manila, [...]