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GN introduces ReSound Enzo IA: Exceptional speech understanding and all-day battery life – in the world’s smallest rechargeable Super Power hearing aid

BALLERUP, Denmark, Aug. 12, 2025 (Korea Bizwire) — GN, a global leader in hearing technology, announced today the launch of ReSound Enzo™ IA, the world’s smallest rechargeable Super Power hearing aid,1 representing a huge leap forward in sound quality for people with severe to profound hearing loss. Understanding speech, especially in noisy environments, is the biggest [...]

Business Leaders of S. Korea, Vietnam Call For Strategic Partnership

SEOUL, Aug. 12 (Korea Bizwire) — Top business leaders of South Korea and Vietnam on Tuesday highlighted the need to form a strategic economic partnership between their countries while vowing to continue enhancing their bilateral cooperation in various sectors. “Today, the business environment faced by both countries at home and abroad remains challenging,” Chey Tae-won, [...]

Sandoz launches renewable energy partnership to cover nearly 90% of electricity demand for European operations

MEDIA RELEASE Sandoz signs 10-year virtual PPA with Elawan Energy for new 150 MW solar projects in Spain Will cover nearly 90% of electricity demand for European operations Concrete step to support global Sandoz decarbonization efforts and sustainability commitment Basel, August 12, 2025 – Sandoz (SIX:SDZ/OTCQX:SDZNY), the global leader in generic and biosimilar medicines, today [...]

Global Industry Leaders Launch CCUS Hub Study to Accelerate Decarbonization in Asia

SINGAPORE, Aug. 12, 2025 (Korea Bizwire) — An industry consortium comprised of leading steelmakers ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company and other value chain players, BHP, Chevron, Mitsui & Co., Ltd. (the Consortium), are undertaking a pre-feasibility study to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia. [...]

Picus Security Finds 46% of Enterprise Passwords Vulnerable to Cracking — 2X Increase From 2024

More Than 160 Million Attack Simulations in Live Production Environments Reveal Valid Credentials Are Easy to Steal and Nearly Impossible to Stop SAN FRANCISCO, Aug. 11, 2025 (Korea Bizwire) – Picus Security, the leading security validation company, today released the Blue Report™ 2025, based on more than 160 million real-world attack simulations in live production environments. Now [...]

N. Korea Warns Of ‘Self-Defense’ Measures Against Planned S. Korea-U.S. Military Exercise

SEOUL, Aug. 11 (Korea Bizwire) – North Korea’s defense chief on Monday warned that Pyongyang would exercise its “self-defense” right in the event of a provocation, denouncing a planned large-scale joint military exercise between South Korea and the United States. North Korean Defense Minister No Kwang-chol issued the warning a week before Seoul and Washington [...]

Antitrust Regulator Raided Over Corruption Allegations Involving Ex-First Lady Kim

SEOUL, Aug. 11 (Korea Bizwire) – A special counsel team raided the nation’s antitrust regulator Monday as part of its widening probe into corruption allegations involving former first lady Kim Keon Hee. The team led by special counsel Min Joong-ki searched the offices of the Fair Trade Commission (FTC) in Sejong, some 110 kilometers south [...]

Hana Bank Partners With U.S. Crypto Stablecoin Operator Circle

SEOUL, Aug. 11 (Korea Bizwire) — Hana Bank, a major commercial bank in South Korea, has partnered with Circle, which manages USDC, a cryptocurrency stablecoin pegged to the U.S. dollar, in a bid to explore stablecoin business opportunities, officials said Monday. The partnership stems from a comprehensive business agreement signed between the two companies in [...]

KBO-Worst Heroes Lose Closer For Season To Elbow Injury

SEOUL, Aug. 11 (Korea Bizwire) — The last-place team in South Korean baseball will miss their closer for the rest of the season due to an elbow injury. The Kiwoom Heroes announced Monday that right-handed reliever Ju Seung-woo will undergo elbow reconstructive surgery, commonly called Tommy John surgery, in his pitching arm on Aug. 22. [...]

Ex-Minor Party Leader Cho Kuk To Be Granted Liberation Day Special Pardon

SEOUL, Aug. 11 (Korea Bizwire) — Former minor party leader Cho Kuk will be granted a special pardon on the occasion of Liberation Day, the justice ministry said Monday, cutting short his two-year prison term over charges in connection with his daughter. Cho will be granted an exemption of his sentence under the presidential amnesty [...]