SEOUL, Aug. 27 (Korea Bizwire) – South Korea and China held a virtual meeting among relevant government officials Wednesday to discuss joint efforts to better respond to illegal fishing in South Korea’s territorial waters, Seoul’s foreign ministry said. The meeting took place to assess recent related developments in China and the current status of illegal [...]
SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s Vice Defense Minister Lee Doo-hee met with Luke Pollard, Britain’s Armed Forces Minister, in Seoul on Tuesday to discuss ways to strengthen security and defense industry cooperation between the two countries, the defense ministry said. Lee expressed gratitude for Britain’s contribution to peace and stability on the [...]
SEOUL, Aug. 26 (Korea Bizwire) — Ministerial-level officials from over 40 countries worldwide have gathered in South Korea this week for a series of meetings for discussions on ways to expand and promote the use of eco-friendly energy sources, Seoul’s industry ministry said Tuesday. The 16th Clean Energy Ministerial (CEM) meeting kicked off Monday in [...]
SEOUL, Aug. 26 (Korea Bizwire) — The Busan International Film Festival (BIFF) is launching its first-ever competition section, an initiative aimed at enhancing the festival’s global standing and competitiveness, the organizing committee said Tuesday. The year’s newly established competition will feature 14 films celebrating Asian cinema. Awards will be presented across five categories: the Grand [...]
SEOUL, Aug. 26 (Korea Bizwire) — Korean Air Co. said Tuesday it has signed a US$50 billion agreement to purchase over 100 new planes and aircraft spare engines from Boeing Co. and GE Aerospace during President Lee Jae Myung’s visit to Washington. The deal, the largest in the airline’s history, builds on Korean Air’s previous [...]
TORONTO, Aug. 26, 2025 (Korea Bizwire) — BlueCat Networks, a leader in Intelligent NetOps, today announced the launch of its channel-first BlueCatalyst Partner Program, which accelerates partner profitability with a robust, integrated DNS, DHCP, and IPAM (DDI) portfolio complemented by network observability and intelligence solutions from LiveAction, which BlueCat acquired in 2024. Pairing LiveAction’s network observability [...]
VICTORIA, Seychelles, Aug. 26, 2025 (Korea Bizwire) – Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released its August 2025 Proof of Reserves (PoR) report, reaffirming its commitment to transparency and user protection. The latest data shows that Bitget continues to hold reserves well above the industry standard, with a total reserve ratio of 188% across major [...]
ABU DHABI, United Arab Emirates, Aug. 26, 2025 (Korea Bizwire) — Abu Dhabi will again return as a principal shooting location for the next chapter in Denis Villeneuve’s cinematic adaptation of Frank Herbert’s classic science fiction saga Dune. Legendary Entertainment confirmed today that production on the highly anticipated third installment will return to Abu Dhabi’s picturesque [...]
SEOUL, Aug. 26 (Korea Bizwire) – A special counsel team said it plans to indict former first lady Kim Keon Hee with physical detention on Friday. The team led by special counsel Min Joong-ki announced the date Tuesday, confirming earlier reports that the indictment could come as early as Friday, before Kim’s detention period expires [...]
SEOUL, Aug. 26 (Korea Bizwire) — More than eight out of 10 bond traders expect the central bank to keep its policy rate steady this week amid housing market instability and increased volatility in the foreign exchange market, a survey showed Tuesday. According to the survey conducted by the Korea Financial Investment Association last week, [...]