In a harrowing incident that shook the heart of Seoul, a devastating car accident occurred on Monday, around 9:30 pm local time, claiming the lives of at least nine individuals. The accident took place at a busy intersection near Seoul City Hall, where a car, driven by a man in his sixties, veered in the […]
In a tit-for-tat escalation, South Korean activists have launched balloons filled with anti-Kim Jong Un leaflets into North Korea, following an incident where the North sent balloons carrying waste and possibly human excreta southwards. This recent exchange marks a significant uptick in the psychological warfare across the border. Details of the Balloon Launches According to […]
In a dramatic escalation of tensions, North Korea has launched a series of balloons loaded with trash into South Korean airspace, marking a provocative move in the ongoing conflict between the two nations. The South Korean military has reported the discovery of approximately 90 balloons, laden with paper, plastic, and cigarette butts, scattered across Seoul […]
In a significant stride towards enhancing its defense and surveillance capabilities, South Korea’s defense ministry announced on Monday, April 8, that the country has successfully launched and positioned its second domestically developed spy satellite into orbit. The launch, executed on a SpaceX Falcon 9 rocket from the John F. Kennedy Space Center in Florida, USA, […]
Merck has embarked on a monumental investment venture, injecting more than €300 million into the construction of a new Bioprocessing Production Center located in Daejeon, South Korea. This initiative stands as the most significant investment by Merck’s Life Science business sector in the Asia-Pacific region to date, underscoring the company’s dedication to expanding its operations […]
MilliporeSigma, the Life Science business of Merck KGaA, Darmstadt, Germany, in the United States and Canada, has earmarked an investment exceeding €300 million for the establishment of a new Bioprocessing Production Center in Daejeon, South Korea. This significant investment underscores the company’s dedication to enhancing its capabilities within the rapidly evolving Asia-Pacific region, marking its […]
In a significant development for the financial industry in South Korea, Finastra, a global leader in financial software applications, has announced a strategic partnership with UNITAS, a renowned expert in financial risk and compliance solutions. This collaboration aims to empower South Korean banks with advanced digital transformation capabilities, leveraging Finastra’s top-tier Kondor treasury solution alongside […]
In a landmark move for renewable energy in Korea, Ørsted A/S, a global leader in offshore wind power, has announced a significant partnership with Incheon Metropolitan City. This collaboration, solidified through a memorandum of understanding (MoU), is set to develop a 1.6 gigawatt (GW) offshore wind project off the coast of Incheon, poised to become […]
In a move that heightens tensions on the Korean Peninsula, North Korea conducted a series of cruise missile launches off its east coast on Wednesday morning, as confirmed by the South Korean military. The launches, which took place around 9 am local time (0000 GMT) off the coastal city of Wonsan, are the latest in […]
In a major move in the global MedTech industry, Olympus Corporation (Olympus), known for its commitment to improving lives through innovative medical solutions, has officially closed its acquisition of Taewoong Medical Co., Ltd. (Taewoong Medical). This deal, valued at approximately $370 million, positions Olympus at the forefront of the gastrointestinal (GI) EndoTherapy market. Strategic Expansion […]