Shinhan Financial chief advances Uzbekistan banking push

Shinhan Financial Group said Thursday it met with Uzbekistan's Minister of Investment, Industry and Trade Laziz Kudratov in Seoul to discuss expanding financial cooperation and supporting Korean companies' investments in the Central Asian country. The meeting, held at Lotte Hotel Seoul on Wednesday, follows a series of high-level exchanges aimed at strengthening financial ties between the two countries. Shinhan Financial Group Chairman Jin Ok-dong visited Kazakhstan and Uzbekistan in April 2025

2026-06-25 15:11:21:00

LS Cable begins work on US submarine cable plant

LS Cable & System said Thursday that its US subsidiary, LS GreenLink, has begun constructing a vertical continuous vulcanization tower for its submarine cable manufacturing plant in Chesapeake, Virginia, as it accelerates its expansion in the fast-growing US power infrastructure market. The submarine cable plant, the largest of its kind in the US, is scheduled for completion in the second half of 2027, with commercial production set to begin in the first half of 2028. LS Cable & System President

2026-06-25 15:11:11:00

[Bio USA] Korea Exchange courts global biotech IPOs at Bio USA

The Korea Exchange hosted an investor outreach event for global biotech companies at BIO International Convention 2026 in San Diego on Tuesday, stepping up efforts to attract overseas firms to Korea's capital market. BIO International Convention is the world's largest biotechnology exhibition, drawing about 20,000 participants from 72 countries last year. Co-hosted with Invest Seoul, the event introduced the Kosdaq listing process for foreign companies and key initial public offering requirement

2026-06-25 14:21:32:00

Hyundai founder tribute concert to air on CNN's 'Showtime'

Hyundai Motor Group said Wednesday that a memorial concert marking the 25th anniversary of the passing of founder Chung Ju-yung will be featured on CNN's "Showtime," bringing the tribute to a global audience. The episode, scheduled to air on CNN International on June 27 at 4:30 p.m., will spotlight the commemorative concert held at the Seoul Arts Center in February, while also offering a behind-the-scenes look at the months of preparation that went into the performance. CNN's "Showtime" series e

2026-06-24 15:48:35:00

[Best Brand] Miracell secures FDA 510(k) clearance for stem cell processing system

STEM CELL PROCESSING SYSTEM MIRACELL SMART M-CELL Stem cell technology firm Miracell has secured US Food and Drug Administration 510(k) clearance for its integrated cell-processing system, marking a significant milestone in the company's efforts to expand its presence in the global regenerative medicine market. The FDA granted 510(k) clearance in April for a system comprising the Smart M-Cell cell concentration device, the BSC blood kit and the BmSC bone marrow kit. The clearance followed a subs

2026-06-24 14:26:42:00

Samsung, Alcedis team up on wearable-based clinical research

Samsung Electronics said Wednesday it has partnered with German digital clinical research organization Alcedis to develop ways of turning health data collected by wearable devices into evidence that can be used in pharmaceutical clinical trials. The collaboration aims to address one of the biggest challenges in digital health: converting the vast amount of biometric data generated by wearables into clinically meaningful indicators that can help evaluate the safety and effectiveness of new drugs.

2026-06-24 13:50:07:00

HD Construction Equipment eyes Middle East, Africa with new 20-ton excavator

HD Construction Equipment said Wednesday that it had launched a new 20-ton Develon excavator in India, aiming to strengthen its presence in fast-growing markets including the Middle East and Africa. The company recently held a launch ceremony for the model at its production subsidiary in Pune, India, where it also showcased the plant's manufacturing capabilities to key dealers from the Middle East. Designed for price-sensitive markets, the new excavator is the most popular Develon model HD Const

2026-06-24 13:50:00:00

[Best Brand] Golfzon’s global screen golf tour tees off with 20,000 golfers

GOLF SIMULATOR GOLFZON Indoor golf simulator company Golfzon has wrapped up the domestic qualifiers for its global screen golf tournament, held from March 10 to May 31. With a total prize pool of 20 million yuan ($3 million), the 2026 Golfzon China Open is open to golfers around the world from pro players to amateurs. This year’s domestic qualifiers drew approximately 20,000 golfers, including 4,461 professionals and 15,523 amateurs. The tournament surpassed 40,000 rounds played, demonstrating t

2026-06-24 09:23:39:00

[Best Brand] Sun Safes eyes global expansion with smart tech

SAFE SUN SAFES Sun Safes has secured more than 80 percent of South Korea's safe market, solidifying its position as the industry leader. Founded in 1972, Sun Safes has grown into a global safe manufacturer exporting to 100 territories since making its first overseas shipment to Australia in 1976. The company was selected as a prestigious, long-standing company by the Ministry of SMEs and Startups in 2020, and it became the first Korean company to obtain key global certifications, such as the Und

2026-06-24 09:23:20:00

LG Chem to invest W15tr in chips, robotics, biotech by 2035

LG Chem will invest 15 trillion won ($9.8 billion) in research and development by 2035, allocating 70 percent of the spending to semiconductor, mobility and robotics materials, as the company accelerates efforts to expand into high-growth sectors. CEO Kim Dong-choon announced the plan during a company-wide town hall meeting on Monday, outlining LG Chem's strategy to focus on materials for semiconductors, mobility and robotics alongside oncology therapeutics as key future business areas. This com

2026-06-23 13:41:04:00