GENEVA , May 30, 2022 /PRNewswire/ -- The SELUTION SLR (Sustained Limus Release) is a novel sirolimus-eluting balloon that provides a controlled sustained drug release, similar to a drug-eluting stent (DES). SELUTION SLR was also the first DEB (Drug Eluting Balloon) granted "breakthrough device designation" by the FDA on March 4, 2019 and further in September 25, 2019 for below-the-knee (B...

The government will provide more subsidies to cargo truck drivers and others using diesel vehicles as part of efforts to ease their burden from rising fuel costs, the transport ministry said Monday. The average retail price of diesel in South Korea soared to over 2,000 won ($1.59) per liter last week, up from around 1,364 won in January, due to tight supply caused by the war in Ukraine. It also ...

Koo Bon-chang, a 59-year-old retiree, is a man who has had numerous run-ins with legal authorities. So far, he has been sued 28 times, undergone police investigation, been indicted and been sentenced to fines multiple times for disclosing personal information on the internet of those who refuse to pay child support after divorce. “Some call it vigilantism. But when you think of the #MeToo movem...

SEOUL , May 30, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) today announced that it generated 9.4173 trillion won in social value last year. Based on the calculations of SK Group's social-value tracking methods, SK hynix's generation surged by 93% in 2021 from 4.8887 trillion won recorded in 2020. The company's performance represents more than half of 18.4 tril...

South Korean internet provider SK Broadband has said it will broadcast movies recognized at the 19th Seoul International Eco Film Festival on its internet protocol television platform B tv starting Thursday. The movies screened at the festival will be broadcast exclusively on B tv and Mobile B tv platforms four times a day between June 2 and June 8. SK Broadband has been sponsoring the event for...

The US dollar is up 12 percent against the euro over the past year and, at 0.93 euros, is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently at multi-decade highs, we may be entering so-called “reverse currency wars” -- in which countries compete to strength...

In 2004, Park’s “Oldboy” won the Grand Prix, the second-highest honor at Cannes. In 2007, Jeon Do-yeon won the best actress award for her performance in “Secret Sunshine,” directed by Lee Chang-dong, who would later pick up a best screenplay award for “Poetry.” With Song having played alongside Jeon in “Secret Sunshine,” the film sets an exemplary mark in having involved three eventual Cannes pr...

In the early stage of the pandemic, government COVID-19 briefings were a daily affair. Kim, who was then the vice health minister, was the face and voice that delivered day-to-day developments to Koreans. When experts were still grappling with unknowns and public anxiety ran high, he was the communicator in the fast-evolving situation. Unlike other high-level health officials who were more reser...

Kim Tae-heum, the ruling People Power Party’s candidate for the South Chungcheong gubernatorial election, pledged to end the main opposition party’s 12-year reign in South Chungcheong Province. “I will make South Chungcheong Province free of the arrogance, incapability and immorality that the Democratic Party has shown over the last 12 years,” Kim said in an email interview with The Korea Herald...

Yang Seung-jo, the Democratic Party’s candidate for the South Chungcheong gubernatorial election, said he aims to win a second term in the upcoming local election to complete what he started for the province’s more robust and balanced economic development. “South Chungcheong Province needs a governor with capability and experience for the region’s development without discontinuity,” Yang said, e...

The 75th Cannes Film Festival was one of the most productive outings for South Korean movies to date, marking the first time the nation claimed two major trophies at one of the world’s most prestigious film events. It was another reminder of how the country’s cinema went from relative obscurity to claiming a bigger spotlight on the international stage. Song Kang-ho, star of “Broker,” became the...

Marking his 30th anniversary of his debut with the noir film “The Moon is What the Sun Dreams of” in 1992, the 58-year-old director also became the second South Korean director to win best director, following the legendary filmmaker Im Kwon-taek who won for his drama film “Chihwaseon” (2002). Park, who led the heyday of the South Korean film industry in the early 2000s with renowned directors, i...

American singer-songwriter Pink Sweat$, the headliner, wrapped up the evening on Friday. Dressed in a pink outfit, the artist’s mellow voice rang out among the crowd who took in the soothing breeze and fresh air, as dusk turned to darkness. Since it was his first visit to Korea, fans shouted his name and cheered him on loudly. The artist at one point burst into tears. To show his gratitude to th...

Behind South Korea's rapid industrial growth was a military-like corporate culture that united workforces for a shared goal: the company's success and my family‘s well being. The mantra “your company is your family” propelled the tremendous drive toward economic prosperity but also gave validity to tough corporate culture and hierarchy. The decades-old corporate culture, however, is now being for...