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Economic Stimulus Needed, But Overdependence Could Backfire: BOK Chief

Economic Stimulus Needed, But Overdependence Could Backfire: BOK Chief

SEOUL, June 12 (Korea Bizwire) — South Korea’s top central banker on Wednesday emphasized the urgent need for economic stimulus to support recovery but warned of “serious side effects” if the government relies too heavily on such measures. Bank of Korea (BOK) Gov. Rhee Chang-yong made the remarks during a speech at a ceremony marking [...]

Incheon Int’l Airport Corp. Signs MOU On Support For Ecuador’s New Airport Project

Incheon Int’l Airport Corp. Signs MOU On Support For Ecuador’s New Airport Project

SEOUL, June 12 (Korea Bizwire) — Incheon International Airport Corp. (IIAC) said Thursday it has signed a memorandum of understanding (MOU) with the Guayaquil Airport Authority of Ecuador to cooperate on the development and operation of a new international airport in the South American country’s largest commercial hub. Under the MOU signed Wednesday, the two [...]

Antitrust Regulator Rejects Korean Air-Asiana mileage Integration Proposal

Antitrust Regulator Rejects Korean Air-Asiana mileage Integration Proposal

SEOUL, June 12 (Korea Bizwire) — South Korea’s antitrust regulator said Thursday that it has rejected a proposed mileage integration plan submitted by Korean Air Lines Co. and Asiana Airlines Inc., citing insufficient details and consumer benefit concerns. The Fair Trade Commission (FTC) said the plan, submitted earlier in the day as part of the [...]

Schneider Electric Accelerates the Development and Deployment of AI Factories at Scale With NVIDIA

Schneider Electric Accelerates the Development and Deployment of AI Factories at Scale With NVIDIA

●Research and Development initiatives underscore companies’ commitment to co-developing new cooling, power, building management and control systems for digital and physical AI data centers●Partnership will underpin Europe’s AI infrastructure ambitions, aligning with the EU Commission’s ‘AI Continent Action Plan’ and its ‘InvestAI’ initiative●Schneider Electric announces launch of new NVIDIA-enabled rack solution Paris, France, June 11, [...]

Wandercraft announces Series D Round, bringing $75M in total funding secured for global acceleration of AI-powered robotics

Wandercraft announces Series D Round, bringing $75M in total funding secured for global acceleration of AI-powered robotics

Clinical progress, industrial partnerships, and global recognition drive momentum in rehabilitation, personal mobility, and humanoid robotics. New agreement with Renault Group accelerates commercialization and advances Wandercraft’s global robotics footprint. NEW YORK, June 11, 2025 (Korea Bizwire) — Wandercraft, the global leader in self-balancing robotic mobility systems, today announced that it has secured $75 million funding [...]

Boston Metal Appoints Global Metals Leader Eduardo Bartolomeo to Board of Directors

Boston Metal Appoints Global Metals Leader Eduardo Bartolomeo to Board of Directors

Former Vale CEO’s expertise will help accelerate the commercialization of Molten Oxide Electrolysis for steel and critical metals BOSTON, June 11, 2025 (Korea Bizwire) – Boston Metal, a technology company redefining global metals production, today announced the appointment of Eduardo Bartolomeo, the former CEO of multinational metals and mining giant Vale, to its Board of Directors. The [...]

Zoom completes rollout of Zoom Phone in six telecom circles, with plans for further expansion in India

Zoom completes rollout of Zoom Phone in six telecom circles, with plans for further expansion in India

Licensed by the Department of Telecommunications (DoT) India, Zoom Phone brings AI-first modern telephony to Mumbai, Delhi NCR, Karnataka (Bengaluru), and Andhra Pradesh & Telangana (Hyderabad) telecom circles in addition to Maharashtra and Tamil Nadu (Chennai) SAN JOSE, Calif., June 11, 2025 (Korea Bizwire) – Zoom Communications, Inc. (NASDAQ: ZM) today announced the further expansion of its industry-leading [...]

Meltwater and 8×8 partner to elevate customer support through social intelligence

Meltwater and 8×8 partner to elevate customer support through social intelligence

SAN FRANCISCO, June 11, 2025 (Korea Bizwire) – Meltwater, a global leader in media, social and consumer intelligence, today announces a partnership with 8×8, Inc. (NASDAQ: EGHT) through the 8×8 Technology Partner Ecosystem, empowering businesses to connect with customers through social media more efficiently, enhance service operations, and deliver superior customer experiences. 8×8® is the industry’s most integrated platform provider [...]

EBC Financial Group Launches over a 100 U.S. ETF CFDs, Strengthening Diversification for Global Clients

EBC Financial Group Launches over a 100 U.S. ETF CFDs, Strengthening Diversification for Global Clients

New ETF CFD Suite Delivers Global Market Themes and Real-Time Access & Flexibility LONDON, June 11, 2025 (Korea Bizwire) — EBC Financial Group (EBC) has announced the launch of over 100 new U.S.-listed Exchange-Traded Fund (ETF) CFDs, expanding its multi-asset product suite and offering global client’s deeper access to diversified, thematic trading opportunities. The rollout [...]