SEOUL, Nov. 5 (Korea Bizwire) — The next wave of obesity treatments is expected to center on multi-action drugs and oral formulations, according to a new report by global pharmaceutical research firm IQVIA, as drugmakers race to overcome the limitations of current blockbusters such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro. The two companies currently [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Electronics said Tuesday it has signed a memorandum of understanding with global infrastructure solutions provider Flex to jointly develop modular cooling systems designed to address the growing heat challenges of artificial intelligence (AI) data centers. Under the partnership, LG will combine its high-efficiency cooling technologies — including chillers, cooling [...]
SEOUL, Nov. 5 (Korea Bizwire) — Xiaomi announced Tuesday that it will launch a special discount event for its flagship smartphone, the Xiaomi 15 Ultra, after Chinese President Xi Jinping presented the device to South Korean President Lee Jae-myung during their recent summit. Xiaomi Korea said it was “honored” that one of its latest flagship models [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Electronics said Tuesday it has signed an agreement with Gyeonggi Province to install its tumbler washer, LG myCup, at 21 universities across the province as part of its environmental, social and governance (ESG) initiative to reduce single-use waste and promote sustainable living among younger generations. The device, launched on [...]
BUSAN, Nov. 5 (Korea Bizwire) — South Korean researchers have scientifically identified the psychopathological traits of “Hwabyung,” a culturally specific mental disorder long recognized in Korea and listed in the American Psychiatric Association’s diagnostic standards. Busan National University announced that the study, published on October 30 in the BioPsychoSocial Medicine journal, provides the first systematic clinical [...]
SEOUL, Nov. 5 (Korea Bizwire) — The price of stolen South Korean credit card information traded on the dark web has more than doubled over the past two years, reflecting rising demand among cybercriminals despite stronger global security measures, a new report found. According to cybersecurity firm NordVPN, data collected in May from its threat monitoring [...]
GYEONGJU, Nov. 4 (Korea Bizwire) — Following its star turn at the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, demand for the city’s famed Hwangnam Bbang (Hwangnam bread) has soared — along with a wave of online scams and price gouging. The pastry, gifted by President Lee Jae Myung to Chinese President Xi Jinping during the [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s Cabinet approved a series of legislative revisions on Tuesday, including a law aimed at preventing “emergency room carousel” (being repeatedly sent from one ER to another) and protecting civil servants who take proactive administrative action. The revised Emergency Medical Service Act requires hospitals to set up dedicated phone [...]
SEOUL, Nov. 4 (Korea Bizwire) — Seoul’s experiment with “no-scooter zones” has drawn strong public support, with a majority of residents reporting safer and more comfortable pedestrian environments, city officials said Monday. The pilot program, the first of its kind in South Korea, was launched in May along two busy stretches: the 1.3-kilometer Red Road [...]
SEOUL, Nov. 4 (Korea Bizwire) — Alcohol advertisements in South Korea’s media have nearly tripled over the past decade, with most of the surge coming from cable and general programming television channels, a government report showed Sunday. According to data from the Ministry of Health and Welfare and the Korea Health Promotion Institute, the number of [...]