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Resmed Acquires VirtuOx

Resmed Acquires VirtuOx

Acquisition supports Resmed’s growth in virtual care, expands access to diagnosis, and enhances the digital experience for patients and providers SAN DIEGO, May 01, 2025 (Korea Bizwire) — Resmed (NYSE: RMD, ASX: RMD), the leading health technology company focused on sleep, breathing, and care delivered in the home, today announced it has acquired VirtuOx, a [...]

WillScot Declares Quarterly Cash Dividend

WillScot Declares Quarterly Cash Dividend

PHOENIX, May 01, 2025 (Korea Bizwire) — WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that its Board of Directors has declared a quarterly dividend of $0.07 per common share. The cash dividend will be paid on June 18, 2025, to shareholders of record as of the [...]

Online Shopping Up 2.6 Pct in March on Demand for Food Services

Online Shopping Up 2.6 Pct in March on Demand for Food Services

SEOUL, May 1 (Korea Bizwire) — Online shopping sales in South Korea gained 2.6 percent from a year earlier in March driven by rising demand for food products and relevant services, data showed Thursday. The value of online shopping transactions stood at 22.42 trillion won (US$15.72 billion) in March, up 576.8 billion won from a [...]

S. Korean Elementary School Textbooks Depict Africa with Prejudice: Civic Group

S. Korean Elementary School Textbooks Depict Africa with Prejudice: Civic Group

SEOUL, May 1 (Korea Bizwire) – A civic group has accused elementary school textbooks in South Korea of depicting Africa with prejudice and oversimplifying portrayals of the continent as just a recipient of aid. The Voluntary Agency Network of Korea (VANK) released its review of five sixth grade social studies textbooks on content concerning Africa [...]

Jeju Air to Launch New Route to Hakodate, Expand Other Japanese Services

Jeju Air to Launch New Route to Hakodate, Expand Other Japanese Services

SEOUL, May 1 (Korea Bizwire) — Jeju Air Co. said Thursday it will launch a new route to Hakodate, Japan, next month to expand its service network to the neighboring country amid growing summer travel demand. The South Korean low-cost carrier will begin operations on the Incheon-Hakodate route with two weekly flights starting June 5 [...]

Gov’t to ‘Swiftly’ Implement 25 Tln-Won Financing Scheme for Export Firms

Gov’t to ‘Swiftly’ Implement 25 Tln-Won Financing Scheme for Export Firms

SEJONG, May 1 (Korea Bizwire) — The government will work to “swiftly” implement 25 trillion won (US$17.5 billion) of policy financing for export companies following the planned passage of an extra budget bill by the National Assembly, the finance ministry said Thursday. In a pan-government meeting on trade issues, the Ministry of Economy and Finance [...]

Gov’t Orders SK Telecom to Halt New Subscriptions Amid USIM Shortage Following Cyberattack

Gov’t Orders SK Telecom to Halt New Subscriptions Amid USIM Shortage Following Cyberattack

SEOUL, May 1 (Korea Bizwire) — The government on Thursday issued an administrative guidance order instructing SK Telecom Co. to suspend new subscriber sign-ups until it resolves a shortage of universal subscriber identity module (USIM) cards related to a recent company network data breach. The Ministry of Science and ICT said the measure aims to [...]

CNH Industrial N.V. Reports First Quarter 2025 Results

CNH Industrial N.V. Reports First Quarter 2025 Results

First quarter consolidated revenues were $3.8 billion on lower industry demand First quarter diluted EPS at $0.10 Results reflect continued execution of cost saving initiatives partially offsetting market headwinds Updated guidance reflects macroeconomic uncertainty from the global trade environment Basildon, UK – May 1, 2025 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNH) today reported results for [...]

Korean Royal Court Painting and Historic Texts Set for National Treasure Status

Korean Royal Court Painting and Historic Texts Set for National Treasure Status

SEOUL, May 1 (Korea Bizwire) —  A rare eight-panel folding screen from the Joseon Dynasty, depicting a royal court examination held during the reign of King Yeongjo (1724–1776), is slated to be designated as a national treasure, the Korea Heritage Service announced on Tuesday. The screen, titled “Royal Examination at Geunjeongjeon Hall and Collaborative Poetry [...]