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.
Automotive Engine Components Market Set to Grow at 4.54% CAGR, Hitting USD 130.46 Billion by 2034
GlobeNewswire, Inc.
·
July 9, 2025
Ottawa, July 09, 2025 (GLOBE NEWSWIRE) -- The global automotive engine components market size is valued at USD 87.48 Billion in 2025 and is expected to grow to USD 130.46 Billion in 2034, as noted in a study published by Towards Automotive, a...
Two Ragnarok IP Titles Achieved Top Game Rankings in Taiwan, Hong Kong and Macau
GlobeNewswire, Inc.
·
July 9, 2025
Seoul, South Korea, July 09, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd. and GRAVITY Communications Co., Ltd.,...
S. Korea goes through unexpected wave of business shutdowns
MENAFN
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July 6, 2025
(MENAFN) South Korea experienced an unprecedented wave of business closures in 2024, with over 1 million shop owners shutting down operations—a record high since statistics began in 1995, according to reports citing official data. A total of...
Air Fryer Market Predicted to Reach $1.9 Billion by 2032, Register at 6.5% CAGR From 2022-2032
EIN Presswire
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July 9, 2025
The global air fryer market size was valued at $1 billion in 2022, is projected to reach $1.9 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032. WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 10, 2025 /EINPresswire.com/ -- According...
S. Korea Pursues "Mutually Beneficial" Trade Ties with U.S.
MENAFN
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July 6, 2025
(MENAFN) South Korea is working to establish a "mutually beneficial" trade relationship with the United States, as it prepares for critical talks ahead of the expiration of a 90-day suspension on reciprocal tariffs, according to Trade Minister Yeo...
S. Korea is to give out cash to lift economy
MENAFN
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July 6, 2025
(MENAFN) South Korea is set to implement a broad cash distribution program aimed at stimulating consumer spending and lifting its struggling economy. Government officials are describing the initiative as a system of “consumption coupons,” designed...
South Korea’s Top Prosecutor Steps Down
MENAFN
·
July 1, 2025
(MENAFN) South Korea's Prosecutor General, Shim Woo-jung, has announced his resignation, approximately nine months after taking office in September of the previous year, according to multiple media outlets on Tuesday. Shim submitted his...
Trump declares stinging tariffs on US associates in Asia
MENAFN
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July 9, 2025
(MENAFN) U.S. President Donald Trump has unveiled a fresh round of tariffs targeting several nations, including key American allies Japan and South Korea. In similar letters posted Monday on Truth Social, Trump informed Japanese Prime Minister...
S. Korean DM nominee wants inter-Korean military tension reduction agreement
MENAFN
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July 9, 2025
(MENAFN) Ahn Gyu-back, nominated as South Korea’s Defense Minister, has emphasized the importance of reinstating the military tension reduction agreement between the two Koreas, as the new administration works to improve relations with the North....
Semiconductor Manufacturing Equipment Market is Expected to Grow USD 217.9 Billion by 2033 | CAGR 8.2% During 2025-2033
EIN Presswire
·
July 9, 2025
The market is driven by technological advancements, rising demand for electric vehicles and renewable energy, global supply chain shifts. BROOKLYN, NY, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- IMARC Group, a leading market research...
South Korean Court Prolongs Detention of Two Military Officials
MENAFN
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July 1, 2025
(MENAFN) A military court in South Korea extended the detention of two high-ranking military officials on Monday for their alleged involvement in former President Yoon Suk Yeol's brief attempt to impose martial law, media reported. The court in...
South Korean Military Court Extends Detention of Generals
MENAFN
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July 1, 2025
(MENAFN) A military tribunal in Seoul on Monday prolonged the confinement of two senior South Korean military officers accused of involvement in former President Yoon Suk Yeol's brief martial law attempt, according to a news agency. The court...
RFID Tags Market Size, Outlook, Analysis Report, Regional Outlook With Forecast 2032
EIN Presswire
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July 9, 2025
The ultra-high frequency sector led the market share in terms of revenue, it is rise at a compound annual growth rate of 10.24% to $6,661.75 million by 2032. WILMINGTON, DE, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- According to a new...
S. Korea Returns Six North Korean Fishermen After Rescue
MENAFN
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July 9, 2025
(MENAFN) South Korea on Wednesday returned six North Korean fishermen who had been rescued after inadvertently crossing into southern waters near the disputed maritime boundary, according to a local news agency. The fishermen, traveling in a...
Fortinet Report: OT Cybersecurity Risk Elevates within Executive Leadership Ranks
GlobeNewswire, Inc.
·
July 9, 2025
SUNNYVALE, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the findings from its global 2025 State of Operational Technology...
Blue Hydrogen Market Set for Rapid Growth and Trend by 2025-2032 Key Drivers And Analysis | Equinor ASA
EIN Presswire
·
July 9, 2025
The global blue hydrogen market is estimated to be valued at USD 23.17 Bn in 2025 and is expected to reach USD 51.90 Bn by 2032 BURLINGAME, CA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- The latest study by Coherent Market Insights,...
Travel Accommodation Market Size, Competitive Landscape, Regional Outlook and Driving Factors Analysis 2035
EIN Presswire
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July 9, 2025
By Price Point, the mid-range segment is the largest segment in the global travel accommodation market during the forecast period. WILMINGTON, DE, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- The travel accommodation market was valued at...
Solar Shingles Market Is Booming So Rapidly Growth by 2032 | GAF Energy, SunTegra, LG Electronics
EIN Presswire
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July 9, 2025
The global solar shingles market is estimated to be valued at USD 391.7 Mn in 2025 and is expected to reach USD 577.7 Mn by 2032 BURLINGAME, CA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- The latest study by Coherent Market Insights,...
Ex-South Korean PM, Industry Minister Interrogated Over Martial Law Bid
MENAFN
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July 2, 2025
(MENAFN) Former South Korean Prime Minister Han Duck-soo, alongside Industry Minister Ahn Duk-geun, appeared before a special prosecutor on Wednesday as part of an ongoing investigation into ex-President Yoon Suk Yeol's failed attempt to declare...
Ex-South Korea’s PM gets questioned over ex-leader martial law attempt
MENAFN
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July 2, 2025
(MENAFN) On Wednesday, South Korea’s former Prime Minister Han Duck-soo and current Industry Minister Ahn Duk-geun were summoned by a special prosecutor investigating ex-President Yoon Suk Yeol’s failed attempt to declare martial law last year,...