The Financial Supervisory Service (FSS) has summoned Bang Si-hyuk, chairman of HYBE, for questioning regarding allegations of violating the Capital Markets Act. It has been confirmed that this investigation relates to purported fraudulent activities in financial transactions.According to sources wit

Samyang Foods has embarked on its first overseas production venture by commencing construction of a factory in Jiaxing, Zhejiang Province, China, as part of its strategy to expand its global footprint.On July 3, Samyang Foods held a groundbreaking ceremony for the 'Samyang Foods (Zhejiang) Jiaxi

Today’s event featured an inspiring welcoming address by H.E. Mr. Andrew Chernetsky, Belarus’s ambassador to Korea, celebrating Belarus’s Independence Day and emphasizing the strong bonds between Belarus and South Korea.In his speech, Ambassador Chernetsky reflected on Belarus’s historic victory in

Hyundai Steel has announced a strategic partnership with global cloud leader Amazon Web Services (AWS) to bolster its digital transformation efforts and reinforce eco-friendly steel manufacturing.On July 1 (local time), at AWS’s headquarters in Seattle, within the iconic 'The Spheres,' Hyund

Hyundai Elevator has been awarded the prestigious 'Winner' accolade in the Concept category at the 2025 Red Dot Design Awards, one of the world's most esteemed design competitions. This achievement highlights the tangible outcomes of the company’s innovation-driven management approach, p

As artificial intelligence(AI) continues to transform industries and reshape the future, the foundational infrastructure powering this technological leap becomes more critical than ever. In this exclusive interview, we sit down with Kony, CEO and Co-founder of GAIB, to explore how their groundbreaki

Santander UK has announced plans to acquire TSB Banking Group plc entirely from its Spanish competitor Banco de Sabadell, S.A. for GBP2.65 billion. This move comes soon after speculations about Santander potentially exiting the British market and a bid from NatWest for Santander's UK operations.

Switzerland, July 2, 2025 — Quranium, the Layer 1 blockchain leveraging quantum-secure cryptography, is reshaping decentralized infrastructure with unparalleled security and a commitment to community-led innovation. Its latest launch, QRNRush, is a dynamic platform that transforms everyday participa

London – 2 July 2025 – BOB (“Build on Bitcoin”), the hybrid chain combining Bitcoin’s security with Ethereum’s DeFi innovation, has enabled native BTC on its network with a new BitVM bridge testnet launch supported by leading institutions and DeFi players, including P2P.org, Lombard, Solv Protocol,

London, July 2nd, 2025 ㅡ Elliptic, the global leader in digital asset decision-making, has integrated Starknet to its comprehensive suite of screening and investigation compliance solutions. This strategic addition further enhances Elliptic's ability to provide its customers with comprehensive v

Gibraltar, 2nd July – Xapo Bank, a pioneering private bank unlocking wealth growth opportunities in the Bitcoin era, has become an Official Partner of Aston Villa Football Club. This collaboration unites one of the Premier League’s most dynamic clubs with a Bitcoin-first financial institution that i

The labor union at HD Hyundai Heavy Industries has begun the process for potential strike action, conducting a strike authorization vote from July 2 to 4, after failing to reach an agreement with management in this year's wage negotiations.The Korean Confederation of Trade Unions’ Hyundai Heavy

Hankook Tire is facing significant challenges following the imprisonment of its chairman, Cho Hyun-bum, who was sentenced to three years in prison for embezzlement and breach of trust. Cho has filed an appeal against the conviction.Recently, Cho’s legal team submitted an appeal to the Seoul Central

Hanwha Ocean has been designated as the preferred bidder for the construction of the next-generation polar research icebreaker, reaffirming its position as a leader in South Korea’s icecraft technology.On July 1, Hanwha Ocean announced that it had been selected as the preferred negotiator for the ‘N

Coupang has announced the rebranding of its AI cloud computing service as ‘Coupang Intelligent Cloud (CIC)’ along with the unveiling of a new brand logo. CIC represents a renewed identity for the AI infrastructure that has, until now, supported both Coupang’s internal systems and external partners s

Lotte Wellfood has announced the official completion of the merger between its Indian subsidiary, Lotte India, and its ice cream brand, Havmor Ice Cream, marking a strategic step to enhance its operations in the Indian market. The company confirmed on July 2 that the integration process has been fin

Coreline Soft is intensifying its global expansion by entering the Australian market, following successful projects in European countries. On the 2nd, the company announced the supply of its AI-powered software ‘AVIEW LCS Plus’—which detects lung nodules, emphysema, and coronary artery calcification

The domestic and international financial and cryptocurrency markets are currently experiencing turmoil due to a series of stablecoin crises and regulatory inadequacies. Korea’s first stablecoin, Terra (UST), created by Do Kwon, serves as a prime example. It attempted to maintain its peg not by backi

Expectations surrounding SK hynix are mounting, with multiple securities firms raising their target prices amid signals of record-breaking earnings forecast. The company's advantageous position in the high-bandwidth memory (HBM) market is fueling optimism about improved performance, leading some

Zug, Switzerland, 1 July 2025: zondacrypto, a leading regulated European digital currency exchange, has launched zondacrypto Swiss, a crypto on and off-ramp in Switzerland designed to improve accessibility to digital assets for everyday people. The service will allow users to buy or sell crypto dire