SEOUL, Aug. 8 (Korea Bizwire) — North Korea increased the number of loudspeakers against South Korea installed along border areas between May and June, but none of them are currently in operation, the Joint Chiefs of Staff (JCS) said Friday. The move came as North Korea remains unresponsive to South Korea’s completion of dismantling its [...]
SEOUL, Aug. 7 (Korea Bizwire) — HD Hyundai Co. and Korean Air Co. on Thursday announced separate agreements with U.S. defense technology firm Anduril Industries Inc. to jointly develop unmanned defense platforms, in a push to expand their presences in the field of military systems based on artificial intelligence (AI). HD Hyundai, a South Korean [...]
SEOUL, Aug. 7 (Korea Bizwire) — The government on Thursday announced a series of measures aimed at boosting consumer sentiment in non-metropolitan regions as part of its broader economic stimulus plan. Under the latest plan, consumers who spend 50,000 won (US$36) or more using credit cards at small businesses outside the capital area, such as [...]
SEOUL, Aug. 7 (Korea Bizwire) – The defense chiefs of South Korea and Japan held phone talks Thursday and agreed to continue with their bilateral security cooperation, as well as trilateral cooperation also involving the United States, the South’s defense ministry said. Defense Minister Ahn Gyu-back and his Japanese counterpart, Gen Nakatani, reached a consensus [...]
SEJONG, Aug. 7 (Korea Bizwire) — South Korea will work to bolster its communication with the United States on sanitary and phytosanitary procedures (SPS) for agricultural imports as part of efforts to improve trade conditions between the two countries, the agriculture minister said Thursday. “That is why we are newly creating the U.S. desk under [...]
SEOUL, Aug. 7 (Korea Bizwire) – A special counsel team requested an arrest warrant for former first lady Kim Keon Hee on Thursday, a day after questioning her over allegations of election meddling and other irregularities. Special counsel Min Joong-ki’s team said it filed for the warrant on charges of violations of the Capital Market [...]
SEOUL, Aug. 7 (Korea Bizwire) — President Lee Jae Myung will host Vietnam’s top leader To Lam for summit talks early next week, the presidential office said Thursday, as the two nations are expected to deepen cooperation in fields that include trade, investment and high-speed rail. Lam will make a four-day trip starting Sunday in [...]
VERO BEACH, Fla., Aug. 07, 2025 (Korea Bizwire) — Processa Pharmaceuticals, Inc. (Nasdaq: PCSA), a clinical-stage biopharmaceutical company developing Next Generation Cancer (NGC) therapies for cancer patients, today announced that it has secured a strategic investment and that it is evaluating corporate cryptocurrency treasury strategies as part of its broader financial and growth objectives. We believe [...]
SEOUL, Aug. 7 (Korea Bizwire) — National Assembly Speaker Woo Won-shik appeared before special counsel Cho Eun-suk’s team Thursday and was questioned as a witness about former President Yoon Suk Yeol’s martial law declaration. “I explained everything the special counsel wanted to know, based on the facts,” Woo told reporters after the questioning. “I hope [...]
SEOUL, Aug. 7 (Korea Bizwire) — The reigning South Korean baseball MVP Kim Do-yeong, recently back from his second hamstring injury, had to leave Thursday’s game with a hamstring cramp. The third baseman complained of pains in his left hamstring after bobbling a ground ball hit by Yoon Dong-hee of the Lotte Giants during the [...]