SEOUL, Sept. 1 (Korea Bizwire) — SK hynix Inc. and its labor union reached a tentative wage deal Monday that includes a 6 percent pay rise and the removal of the ceiling on so-called profit-sharing bonuses, industry sources said. After 11 rounds of negotiations over the past three months, the management and the union decided [...]
SEOUL, Sept. 1 (Korea Bizwire) — Former President Yoon Suk Yeol resisted a special counsel team’s attempt to execute detention warrants against him last month, according to surveillance footage reviewed by lawmakers of the ruling Democratic Party (DP) and the minor Rebuilding Korea Party on Monday. Lawmakers on the parliamentary legislation and judiciary committee, along [...]
SEOUL, Sept. 1 (Korea Bizwire) — The Kiwoom Heroes announced Monday their American outfielder Ruben Cardenas will be sidelined for three weeks with a broken finger. With the Heroes stuck in last place in the Korea Baseball Organization (KBO) with only 17 games to go, it appears unlikely Cardenas will play again this season. The [...]
This press release is not intended for UK and US media. HERNEXEOS® (zongertinib tablets) has been approved based on an objective response rate of 71% (N=75), as demonstrated in the Beamion-LUNG 1 clinical trial1 Zongertinib recently received Breakthrough Therapy Designation for the first-line treatment of advanced HER2-mutant NSCLC by the Center for Drug Evaluation (CDE) Boehringer [...]
SEOUL, Aug. 29 (Korea Bizwire) – A special counsel team on Friday indicted former first lady Kim Keon Hee on charges of corruption and bribery, making her the first spouse of a former president to stand trial under custody. Kim, the wife of ousted former President Yoon Suk Yeol, was indicted with physical detention on [...]
SEOUL, Aug. 29 (Korea Bizwire) — A special counsel team said Friday it has indicted an associate of former first lady Kim Keon Hee under detention on charges of embezzlement. Known as the “butler” of the former first lady’s family, Kim Ye-seong’s indictment came after he was placed under arrest earlier this month on charges [...]
SEOUL, Aug. 29 (Korea Bizwire) — The presidential office said Friday it has been considering dismissing the chief of the Korea Communications Commission (KCC), Lee Jin-sook, from her duties over allegations she violated political neutrality. Presidential spokesperson Kang Yu-jung said the state auditor, the Board of Audit and Inspection, concluded in July that Lee breached [...]
SEOUL, Aug. 29 (Korea Bizwire) — SK Telecom Co. began construction of a large-scale artificial intelligence (AI) data center in the southeastern coastal city of Ulsan on Friday as part of its drive to lead the AI era. A groundbreaking ceremony for SK AI Data Center Ulsan was held in the city located some 310 [...]
SEOUL, Aug. 29 (Korea Bizwire) — A special counsel team investigating alleged pressure and cover-up attempts in the death of a Marine conscript on Friday raided the Corruption Investigation Office for High-ranking Officials (CIO) and former senior prosecutors of the agency. According to the team, the move was aimed at securing evidence on why the [...]
SEOUL, Aug. 29 (Korea Bizwire) — Boy band Stray Kids set a record with its latest release, “Karma,” which posted the highest first-week sales of any K-pop album this year, the group’s agency said Friday. JYP Entertainment said the group’s fourth full-length album, released on Monday, sold 3.03 million copies in its first week, citing [...]