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VCIG’s Consulting Arm, V Capital Consulting Group, Secures Nasdaq IPO Advisory Mandate with AgriTech Innovator, Saturn Agtech

VCIG’s Consulting Arm, V Capital Consulting Group, Secures Nasdaq IPO Advisory Mandate with AgriTech Innovator, Saturn Agtech

V Capital Consulting Group to Lead Saturn’s Nasdaq Listing, Highlighting Strong Demand for U.S. Market Access Among Southeast Asian Tech Companies KUALA LUMPUR, Malaysia, May 02, 2025 (Korea Bizwire) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) is pleased to announce that it has secured a new Nasdaq initial public offering (IPO) advisory mandate through [...]

Woori Financial Gets Conditional Approval to Take Over 2 Life Insurers

Woori Financial Gets Conditional Approval to Take Over 2 Life Insurers

SEOUL, May 2 (Korea Bizwire) — Woori Financial Group Inc. got regulatory approval on Friday for the takeovers of two life insurance companies, on condition that the group faithfully implements its planned measures aimed at strengthening its internal control. The Financial Services Commission (FSC), the country’s financial regulator, approved Woori Financial’s takeovers of Tongyang Life [...]

Wemix to Be Delisted From Major Crypto Exchanges in S. Korea After Hacking Incident

Wemix to Be Delisted From Major Crypto Exchanges in S. Korea After Hacking Incident

SEOUL, May 2 (Korea Bizwire) — Wemix, a cryptocurrency issued by Korean game publisher Wemade Co., will be delisted from major domestic crypto exchanges next month following a large-scale hacking incident, exchange operators said Friday. The Digital Asset eXchange Association (DAXA), an alliance of five major crypto exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax [...]

Seoul Shares End Higher on Tech, Shipbuilding Gains

Seoul Shares End Higher on Tech, Shipbuilding Gains

SEOUL, May 2 (Korea Bizwire) — Seoul shares ended higher Friday, led by gains in tech and shipbuilding stocks, although investors remained cautious about the impact of shifting U.S. tariffs on major companies’ earnings. The Korean won rose sharply against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.18 points, or [...]

S. Korea’s Small Satellite to Join U.S. Artemis II Moon Exploration Program

S. Korea’s Small Satellite to Join U.S. Artemis II Moon Exploration Program

SEOUL, May 2 (Korea Bizwire) — South Korea’s small satellite designed to measure space radiation will take part in the Artemis II mission, a U.S.-led moon exploration program, the Korean space agency said Friday. Under an agreement between the Korea AeroSpace Administration (KASA) and the U.S. National Aeronautics and Space Administration (NASA), the K-RadCube, a [...]

Man of The People: LIV Golf Star DeChambeau Enjoys Interaction with Fans in 1st Trip to S. Korea

Man of The People: LIV Golf Star DeChambeau Enjoys Interaction with Fans in 1st Trip to S. Korea

INCHEON, May 2 (Korea Bizwire) – When he wasn’t busy prepping for the first LIV Golf tournament in South Korea this week, American star Bryson DeChambeau was signing autographs and spending time with fans in the golf-crazed nation. By his own estimate, DeChambeau must have signed “upwards of a couple thousand now, for sure,” Often [...]

Hyundai Motor Chief Attends Auto Shanghai 2025 Despite Automaker’s Absence

Hyundai Motor Chief Attends Auto Shanghai 2025 Despite Automaker’s Absence

SEOUL, May 2 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung visited Auto Shanghai 2025 earlier this week despite the automaker’s absence from the event, industry sources said Friday. Chung attended the biennial motor show on the eve of its official closing Friday, marking his first attendance at China’s event since the 2018 [...]

Chengdu Origen and Vanotech Announce First Patient Dosed in VAN-2401 Phase 1 Trial of Gene Therapy for Wet Age-Related Macular Degeneration

Chengdu Origen and Vanotech Announce First Patient Dosed in VAN-2401 Phase 1 Trial of Gene Therapy for Wet Age-Related Macular Degeneration

Clinical trial of KH658 evaluates single suprachoroidal space administration of gene-therapy treatment for wet AMD CHENGDU, China and ROCKAWAY, N.J., May 02, 2025 (Korea Bizwire) – Chengdu Origen Biotechnology Co., Ltd. (“Chengdu Origen”) and Vanotech Ltd. (“Vanotech”) announced today the first patient dosed in the VAN-2401 multi-center Phase 1 clinical trial evaluating treatment with KH658 [...]