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.
South Korea’s Leader Bound for Washington to Meet with Trump
MENAFN
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August 24, 2025
(MENAFN) South Korean President Lee Jae Myung is concluding a pivotal two-day visit to Japan on Sunday, according to media, before proceeding to Washington for his inaugural in-person summit with US President Donald Trump. During his stay in...
South Korea, U.S. Gear Up for Nuclear Pact Discussions
MENAFN
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August 24, 2025
(MENAFN) South Korea and the United States are reportedly preparing to initiate discussions on revising their nuclear energy agreement, with Seoul aiming for more flexible terms on activities like spent fuel reprocessing, media revealed Sunday,...
Trump Seeks U.S. Shipbuilding Revival with South Korean Partnership
MENAFN
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August 26, 2025
(MENAFN) In a decisive move to boost both economic strength and national security, U.S. President Donald Trump declared on Monday plans to rejuvenate America’s shipbuilding industry. Trump revealed that the United States will restart constructing...
South Korean Leader Makes Visit to Japan
MENAFN
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August 24, 2025
(MENAFN) South Korean President Lee Jae-myung met with Japanese Prime Minister Shigeru Ishiba on Saturday during his first visit to Japan since taking office in June, media reported. The two leaders committed to advancing bilateral relations...
South Korea’s Ex-PM Faces Possible Arrest Over Martial Law Case
MENAFN
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August 24, 2025
(MENAFN) Former South Korean Prime Minister Han Duck-soo appeared for a third round of questioning Friday as prosecutors probe his alleged involvement in ex-President Yoon Suk Yeol’s failed attempt to impose martial law last December. Following...
Pacific General Expands Private Equity Presence in South Korea with Key New Hire
GlobeNewswire, Inc.
·
August 25, 2025
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pacific General, a New York based investment firm specializing in consumer and industrials private equity investments, announced today that Greg Yun has joined its private equity team as a Managing...
South Korean President Lands in Tokyo for High-Profile Meeting
MENAFN
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August 23, 2025
(MENAFN) South Korean President Lee Jae Myung arrived in Tokyo on Saturday for a high-stakes summit with Japanese Prime Minister Shigeru Ishiba, marking the first visit by a South Korean leader to Japan before a meeting with a sitting U.S....
South Korea Cuts 2025 GDP Growth Outlook to 0.9 Percent
MENAFN
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August 23, 2025
(MENAFN) The South Korean government on Friday revised its 2025 economic growth forecast downward by 0.9 percentage points, citing growing domestic and international uncertainties. The Ministry of Economy and Finance now projects the country's...
FibroGen Completes Sale of FibroGen China to AstraZeneca for Approximately $220 Million
GlobeNewswire, Inc.
·
September 2, 2025
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...
Japanese PM, South Korea’s Lee Vow Stronger Cooperation
MENAFN
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August 25, 2025
(MENAFN) In a pivotal meeting held Saturday in Tokyo, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae Myung pledged to deepen cooperation between their nations, focusing on trade, regional security, and trilateral...
N. Korea Blasts South Korea-Japan Summit as Diplomatic Show
MENAFN
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August 25, 2025
(MENAFN) North Korea harshly condemned the recent summit between South Korean President Lee Jae Myung and Japanese Prime Minister Shigeru Ishiba, labeling it “a diplomatic farce created by Seoul's anxiety to alleviate Washington's...
Clinical Trial Supply and Logistics Market Size to Exceed USD 8.45 Billion by 2034
GlobeNewswire, Inc.
·
September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The global clinical trial supply and logistics market size was valued at USD 3.98 billion in 2024 and is expected to exceed USD 8.45 billion by 2034. In terms of CAGR, the market is accelerating at a...
Fasoo Showcases Hyper DRM and AI DLP Security Solutions at Asia’s Largest Cybersecurity Conference, ISEC 2025
EIN Presswire
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September 2, 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...
Former South Korean Premier Faces Further Interrogation
MENAFN
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August 23, 2025
(MENAFN) Former South Korean Prime Minister Han Duck-soo appeared for the third time on Friday before legal authorities for interrogation regarding his suspected involvement in ex-President Yoon Suk Yeol's unsuccessful attempt in December to...
HII Taps Chewning to Lead Maritime Systems and Corporate Strategy
GlobeNewswire, Inc.
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August 28, 2025
ARLINGTON, Va., Aug. 28, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) has named Eric Chewning to a new position, executive vice president of maritime systems and corporate strategy, broadening his responsibilities to lead the company’s strategy around...
South Korea Unveils Three-Phase Plan to Drive North Korea’s Denuclearization
MENAFN
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August 21, 2025
(MENAFN) South Korean President Lee Jae Myung has outlined an urgent three-stage strategy aimed at compelling North Korea to abandon its nuclear weapons program. The initial phase focuses on freezing Pyongyang's nuclear and missile activities,...
South Korean Bank Profits Climb 18 Percent in 2025
MENAFN
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August 21, 2025
(MENAFN) South Korea's banking sector saw its combined net profit jump by 18.4% in the first half of 2025, driven by a sharp rise in non-interest earnings, data from the Financial Supervisory Service revealed on Thursday. Domestic banks posted a...
South Korea Posts 7.6 Percent Growth in Exports
MENAFN
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August 21, 2025
(MENAFN) South Korea’s exports posted a robust single-digit growth of 7.6% in the first 20 days of August, fueled by strong global demand for domestically produced semiconductors, automobiles, and ships, according to data released Thursday by the...
FAST TRACK GROUP Issues Letter to Shareholders to Discuss Recent Business Developments and Future Growth Strategies
GlobeNewswire, Inc.
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August 28, 2025
SINGAPORE, Aug. 28, 2025 (GLOBE NEWSWIRE) -- FAST TRACK GROUP (NASDAQ: FTRK) (“Fast Track” or the “Company”), an entertainment-focused event management and celebrity agency company, today issued a letter to its shareholders highlighting the future...
Genetic Material Market Size, Trends and Top Companies (2025 – 2034 Forecast Period)
GlobeNewswire, Inc.
·
August 28, 2025
Ottawa, Aug. 28, 2025 (GLOBE NEWSWIRE) -- The genetic material market size is poised for significant growth from 2025 to 2034, fueled by advancements in gene therapies, personalized medicine, and biopharmaceutical research. As well as a rise in...