Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on South Korea Business Ledger.

VivoPower Partners with Doppler Finance for Institutional XRP and RLUSD Yield Programs: Maximizing Returns on Crypto Treasury Strategy
VivoPower to deploy an initial US$30 million of XRP with Doppler VivoPower’s yield strategy creates a regenerative loop—yields earned on deployed XRP are systematically reinvested back into the Company’s reserves, compounding long-term value for...

K Wave Media Accelerates Growth with First Acquisition Post-Listing, a Visual Effects and AI-powered Advertising Company, Adds World-Class Tech Companies as New Clients
NEW YORK and SEOUL, South Korea, Sept. 02, 2025 (GLOBE NEWSWIRE) -- K Wave Media (NASDAQ: KWM), a publicly traded media & entertainment company with a Bitcoin treasury, today announced its first acquisition since its NASDAQ listing—an exciting...

South Korea Slaps SK Telecom with USD97M Data Breach Fine
(MENAFN) South Korean regulators slapped a telecommunications giant with an unprecedented penalty Thursday following a massive data breach, media reported. The Personal Information Protection Commission (PIPC) levied a crushing 134.79 billion won...

ASP Isotopes Issues Letter to Shareholders
WASHINGTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. (NASDAQ: ASPI) ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in...

FibroGen Completes Sale of FibroGen China to AstraZeneca for Approximately $220 Million
Total consideration for the sale of FibroGen China to AstraZeneca is approximately $220 million, a $60 million increase from initial guidance Successfully repaid term loan to Morgan Stanley Tactical Value, further simplifying the Company’s capital...

E-Bike Market Rides the Wave of Innovation, Connectivity, and Eco-Friendly Mobility
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- According to Precedence Research, the global e-bike market size is calculated at USD 61.94 billion in 2024 and is expected to rise from USD 68.34 billion in 2025 to nearly USD 165.69 billion by 2034. In...

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes
JERSEY CITY, N.J., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today revealed that the global modeled insured average annual property loss (AAL) from natural catastrophes has...

Material Testing Market Set for Rapid Growth, Demand, Scope, Size, Share, Forecast 2032 |ZwickRoell, Emerson Electric Co
The Global Material Testing Market is estimated to be valued at USD 6.22 Bn in 2025 and is expected to reach USD 8.86 Bn by 2032. BURLINGAME, CA, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- The latest market intelligence report...

South Korea Records USD1.29B Drop in Foreign Currency Deposits
(MENAFN) South Korea’s foreign currency deposits fell for the first time in three months in July, driven by declining demand for the U.S. dollar and Chinese yuan, Bank of Korea (BOK) data revealed on Wednesday. According to the central bank, total...

South Korea, US Complete Maritime Infiltration Drills
(MENAFN) South Korean and American special operations forces carried out combined training this week to enhance their maritime infiltration skills, a news agency reported on Thursday. The three-day operation, which wrapped up on Wednesday, was...

VivoPower to Present at XRP Seoul 2025 in South Korea
XRP Seoul 2025 is the premier XRP event in Asia, sponsored by Ripple South Koreans hold an estimated $29 billion of XRP, representing 25% of the circulating supply LONDON, Aug. 29, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ:...

South Korea Moves to Ban Mobile Phones in Schools
(MENAFN) South Korea’s National Assembly on Wednesday approved a landmark law prohibiting the use of mobile phones and digital devices during classroom lessons in schools. This legislative change, amending the Elementary and Secondary Education...

South Korea Reports Historic Growth in June Births
(MENAFN) South Korea experienced its fastest growth in June births on record, according to official data released Wednesday by Statistics Korea and reported by media. A total of 19,953 babies were born last month, marking a 9.4% increase compared...

South Korea’s Central Bank Keeps Policy Rate Unchanged
(MENAFN) South Korea’s central bank kept its benchmark interest rate unchanged for the second consecutive time on Thursday, reflecting ongoing domestic and global uncertainties. The Bank of Korea (BOK), led by Governor Rhee Chang-yong, opted to...

South Korea’s Real Wages Post Increase in June
(MENAFN) South Korea’s inflation-adjusted wages continued their upward trend in June, marking the fourth consecutive monthly increase, driven by steady nominal wage growth amid moderating inflation, according to data released Thursday by the...

South Korea Posts 2.1 Percent Increase in Household Income
(MENAFN) South Korean households saw average income rise for the eighth consecutive quarter, supported by gains in wages and business earnings, according to data released Thursday by Statistics Korea. In the second quarter of 2025, the average...

South Korea Sees 9.1 Percent Robust in July Retail Sales
(MENAFN) South Korea’s retail sector posted a robust 9.1 percent year-on-year increase in combined offline and online sales last month, fueled by strong online purchases of food, daily essentials, and services, government data revealed on...

South Korea Posts Decline in Bank Lending Rates
(MENAFN) South Korean banks’ lending rates declined for the eighth consecutive month in July, driven by ongoing reductions in the central bank’s policy rate, data from the Bank of Korea (BOK) revealed Wednesday. The weighted average interest rate...

Fasoo Showcases Hyper DRM and AI DLP Security Solutions at Asia’s Largest Cybersecurity Conference, ISEC 2025
SEOUL, SOUTH KOREA, September 2, 2025 /EINPresswire.com/ -- Fasoo, the leader in data-centric security, showcased its innovative solutions at the International Security Conference & Exhibition (ISEC) 2025, Asia’s largest cybersecurity...

Pet Food Ingredients Market to Hit USD 118.21 Billion by 2035, Fueled by Premium Nutrition and Ingredient Innovation
Pet Food Ingredients Market Research Report By Category, By Ingredient, By Use-Case, By Distribution Channel and By Regional - Forecast to 2035. NEW YORK, NJ, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- The global Pet Food Ingredients...