SEOUL, Dec. 6 (Korea Bizwire) – South Korea is witnessing a steady shift toward transparent corporate governance as more conglomerates adopt holding company structures. However, concerns are mounting over indirect investments via overseas subsidiaries, potentially enabling unfair internal transactions and abuse of authority. According to the Fair-Trade Commission (FTC), 43 of the country’s 88 conglomerates [...]
REGULATED INFORMATION Publication relating to transparency notifications Mont-Saint-Guibert, Belgium, Nov. 18 (Korea Bizwire) – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below. On November 15, 2024, Nyxoah received a transparency notification from ResMed Inc. following [...]
REGULATED INFORMATION Publication relating to transparency notifications Mont-Saint-Guibert (Belgium), Oct.15 (Korea Bizwire) – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received three transparency notifications as detailed below. Jürgen Hambrecht On October 15, 2024, Nyxoah received a transparency notification from Jürgen Hambrecht [...]
REGULATED INFORMATION Publication relating to transparency notifications Mont-Saint-Guibert, Belgium, Oct. 9 (Korea Bizwire) – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below. BlackRock, Inc. On October 7, 2024, Nyxoah received a transparency notification from BlackRock, [...]
SEOUL, Sept. 3 (Korea Bizwire) — In a striking trend reflecting growing legal awareness among South Koreans, requests for access to legal documents, particularly criminal complaints, have skyrocketed, surpassing 200,000 annually. This surge underscores a shift towards proactive self-advocacy and strategic preparation in legal disputes. According to the “2024 Information Disclosure Annual Report” released by the [...]
SEOUL, Aug. 27 (Korea Bizwire) – In a move to enhance consumer protection and transparency in the veterinary industry, South Korea is set to implement new measures requiring animal hospitals to display their service fees more prominently. Prime Minister Han Duck-soo presided over a meeting of the Consumer Policy Committee on August 26 at the Seoul [...]
SEOUL, Nov. 13 (Korea Bizwire) – During periods of inflated prices, a phenomenon known as “shrinkflation” emerges, wherein companies opt to decrease the quantity of their products instead of increasing the price. This term, a fusion of “shrink,” implying a reduction in quantity, and “inflation,” signifying a rise in prices, reflects this strategy. When confronted with [...]
SEOUL, Dec. 26 (Korea Bizwire) — The government is seeking to revise laws to increase financial transparency of labor unions to make it harder for improper spending to take place, the labor minister said Monday. The proposal comes after a series of remarks by President Yoon Suk Yeol who emphasized bolstering oversight of unions. He [...]
SEOUL, Sept. 12 (Korea Bizwire) — In a country that boasts some of the fastest internet speeds in the world, and is home to some of the top consumer electronics companies, there is one area that has changed little since the 1990s – management offices at apartment complexes. The only exception might be the abundance [...]
SEOUL, Nov. 27 (Korea Bizwire) — Woori Bank, South Korea’s fourth-biggest lender by assets, said Sunday it is considering adopting a “one-strike” policy to prevent corruption. The bank came up with 100 things to be overhauled or improved after discussions with 100 representing employees on Tuesday and Wednesday, Woori Bank said in a statement. Among [...]