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UPDATE – Nasdaq to Provide Clearing Technology to SIX for Clearing Services

UPDATE – Nasdaq to Provide Clearing Technology to SIX for Clearing Services

STOCKHOLM, Sweden, Jul. 12 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced a new contract to deliver its clearing and real-time risk management technology via the Nasdaq Financial Framework to SIX, one of Europe’s leading providers of clearing services. The technology will power SIX’s clearing of pan-European equities and Nordic derivatives. “We are happy to collaborate [...]

Nasdaq Commodities to Launch European Spot Market

Nasdaq Commodities to Launch European Spot Market

STOCKHOLM, Sweden, Jun. 26 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) Commodities today announced a plan to offer Day Ahead Auction Markets for Electricity in Germany, France and the Nordics alongside the existing Power Futures contracts. The implementation of Capacity Allocation & Congestion Management (CACM) aims at promoting effective competition in the generation, trading and supply of [...]

Celltrion’s Biosimilars Overtaking Originals in U.S., Europe

Celltrion’s Biosimilars Overtaking Originals in U.S., Europe

SEOUL, Apr. 27 (Korea Bizwire) — South Korea’s pharmaceutical giant Celltrion has become a strong competitor to European and U.S. drugs with its biosimilars, indicated by changes in sales, industry officials said Friday. Multinational drugmaker Roche logged a 44 percent fall in sales of Mabthera, an antibody used to treat rheumatoid arthritis, lymphoma and some [...]

Samsung to Open First LED Theater in Europe

Samsung to Open First LED Theater in Europe

SEOUL, Nov. 30 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will introduce the first LED theater solution in Europe that does not need projectors and improves resolution compared with traditional movie screens. The announcement comes some four months after the South Korean tech giant installed the first cinema LED screen at a major [...]

S. Korea to Export Corporate Evaluation System to Europe

S. Korea to Export Corporate Evaluation System to Europe

SEOUL, Nov. 2 (Korea Bizwire) — South Korea has signed an agreement with the European Investment Bank to export a corporate technology evaluation system, the Ministry of SMEs and Startups said Thursday. The technology evaluation system, developed by the Korea Technology Finance Corp. (KIBO), has been exported to emerging markets, including Vietnam, Thailand and Peru. [...]

Samsung’s Sales of Biosimilars Hits US$257 mln in Europe Through Q3

Samsung’s Sales of Biosimilars Hits US$257 mln in Europe Through Q3

SEOUL, Oct. 25 (Korea Bizwire) — South Korean pharmaceutical firm Samsung Bioepis Co. saw its sales of biosimilar products released in Europe hit US$257 million through the third quarter of this year, data showed Wednesday. Samsung Bioepis said the sales of Benepali released in Europe came to $253 million over the January-September period, compared with [...]