FORT LAUDERDALE, Fla., Apr. 10 (Korea Bizwire) — Shanghai HEP Pharma Co. LTD, a research and development company focused on developing innovative drugs for hepatitis B, has signed a new agreement with OmniComm Systems, Inc. (OTCQX:OMCM), a leading global provider of clinical data management technology. Under the agreement, Shanghai HEP Pharma will use OmniComm’s TrialMaster [...]
SEOUL, Apr. 10 (Korea Bizwire) — More fine dust warnings have been issued in South Korea’s central region so far this year than for the same period in 2017 amid growing public concerns over air quality, provincial government data showed Tuesday. South Korea has been struggling to deal with fine dust particles from both home [...]
SEOUL, April 5 (Korea Bizwire) — China’s refusal to be the “world’s garbage dump” by banning imports of various plastics and other waste materials that went into effect in January has left ordinary South Koreans feeling a swirl of emotions as the country’s authorities scramble to figure out how to dispose of plastic bags and [...]
SEOUL, Apr. 3 (Korea Bizwire) — Operating profits of South Korea’s duty-free shops declined sharply in general last year due to the cutthroat competition to attract Chinese tourists, and over Beijing’s economic retaliation against the deployment of a U.S. anti-missile defense system here, industry sources said Tuesday. Chinese travel agencies have suspended sales of tour [...]
SEOUL, Mar. 26 (Korea Bizwire) — South Korea’s trade ministry said Monday it will beef up staff tasked with trade negotiations and disputes to better deal with the rising protectionism by major trading partners and help companies diversify into new markets. The Ministry of Trade, Industry and Energy said its reorganization plan received approval from [...]
SHENZHEN, China, Mar. 21 (Korea Bizwire) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ:LX), a leading online consumer finance platform for educated young adults in China, today announced the appointment of Dr. Neng Wang as an independent director of the Company’s board of directors (the “Board”), and the appointment of Mr. Xiaoguang Wu as [...]
SEOUL, Mar. 21 (Korea Bizwire) — Foreigners-only casinos in South Korea have taken a big hit from the fallout of a diplomatic row between Seoul and Beijing over the deployment of an advanced missile defense shield here, industry sources said Wednesday. In March last year, China banned the sale of package tours to South Korea [...]
SEOUL, Mar. 16 (Korea Bizwire) — South Korean retail giant Lotte said Friday it plans to wrap up the sales of its hypermarket chain in China by the first half of this year, as potential buyers started to inspect the stores. Chinese retailer Liqun Group is carrying out an on-site inspection of Lotte Mart’s Chinese [...]
SEOUL, Mar. 14 (Korea Bizwire) — Doosan Infracore Co., the heavy equipment unit of Doosan Group, said Wednesday the sales of its excavators jumped 15 percent in the January-February period from a year earlier on growing construction projects. In the first two months, the heavy equipment company sold a total of 1,728 excavators, up from [...]
SEOUL, Mar. 12 (Korea Bizwire) — South Korean actor Park Hae-jin will open a video channel on Weibo, China’s version of Twitter, industry sources said Monday. According to the sources, the largest social media network in China had asked the Korean actor, who enjoys huge popularity in the country, to open a channel titled “Park [...]