Economy
Business·Industry
SANIGEN Co., Ltd. Selected for Government R&D Program... Begins Development of AI-Based Sepsis Treatment
SANIGEN Co., Ltd.(188260) SANIGEN Co., Ltd., a company specializing in microbial molecular diagnostics, is set to make a full-scale entry into the next-generation biopharmaceutical market, expanding b…
Business·Industry
PenetriumBio’s Anticancer Drug ‘Penitrium’ to Proceed Directly to U.S. FDA Phase 2a Clinical Trial
#PenetriumBio is accelerating the development of a treatment for intractable solid tumors as it enters U.S. clinical trials for its new anticancer drug candidate, “Penetrium.”PenetriumBio announced on…
M&A·IB
[Exclusive] “Homeplus Puts Out the Fire”… Aegis Extends Loan
Aegis Asset Management has resolved an urgent liquidity issue involving a 580 billion won secured loan by leveraging the sale of the Homeplus Yeongdeungpo branch. After repaying a large portion of the…
Business·Industry
Samsung Medical Devices Partners with U.S.-Based AccuRay to Expand into Radiation Therapy
SamsungElectronics and Samsung Medison are accelerating their entry into the therapeutic sector of the medical device industry by expanding their precision imaging diagnostic technology into the field…
Business·Industry
DB HiTek Co.,LTD Reports 43% Increase in Second-Quarter Operating Profit… Growing Demand for AI Data Centers and Robots
DB HiTek Co.,LTD boosted its profitability in the second quarter, driven by growing demand for automotive and industrial power semiconductors, as well as semiconductors for artificial intelligence (AI…
Finance
KakaoBank Corp. Reports First-Half Net Profit of 328 Billion Won, a "Record High"
Kakao Bank ( KakaoBank Corp.(323410)) posted a first-half net profit of 328 billion won, setting yet another record high for a half-year period. This was driven by balanced growth not only in interest…
Finance
Government Tightens Restrictions on Jeonse Loans… How Far Do Exceptions for Genuine Buyers Extend?
Following the government’s decision to increase the tax burden on non-resident single-homeowners through tax reforms, it has also signaled plans to tighten financial regulations, drawing attention to …
Macroeconomics
[Exclusive] Bank of Korea Establishes Dedicated Task Force on Asset Tokenization… “Begins Designing Future Financial Infrastructure”
The Bank of Korea has established a new “Asset Tokenization Team” under its Digital Currency Division as part of an organizational restructuring. This move elevates tokenization experiments to an actu…
Business·Industry
Just One Month After Opening… The Obama Center Emerges as a Unique Venue
Former U.S. President Barack Obama stands in front of the “Obama Presidential Center” in Jackson Park on the South Side of Chicago. (Photo courtesy of the Obama Foundation)
The “Obama Presidential…
Business·Industry
"Tourism Plummets Amid Middle East War"... Growth Halved in a Year
Growth in the global tourism market has slowed to half the level seen a year ago due to the fallout from the war in the Middle East. According to the World Tourism Indicators recently released by the …