Corporate direct financing by firms in South Korea grew 1.6 percent in November from a month earlier due to an increase in bond sales, data showed Wednesday. Local companies raised a combined 19.45 trillion won ($16.3 billion) by selling stocks and bonds last month, up 300.3 billion won from the previous month, according to the data from the Financial Supervisory Service. Direct financing refer...

North Korea's mortality rate for children under age 5 was estimated at 17 per 1,000 births last year with a 3.2 percent annual rate of reduction over the past three decades, a recent UN report showed. The number is down from 43 in 1990 and 60 in 2000, according to the Level and Trends in Child Mortality: Report 2021. The global average of under-five mortality rate came to 37 per 1,000 in 2020, ...

NEW YORK , Dec. 22, 2021 /PRNewswire/ -- Via today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The registration s...

In a bid to penetrate the US electric vehicle market, Posco International said Tuesday it is opening a Mexico office to oversee the production plant of a core component. The component, the rotor motor core, is used to generate electricity in electric motors. The decision has been approved by the board, the trading arm of Korea’s leading steelmaker said. Some 52 billion won ($43.6 million) will...

Many Koreans often lament that they have not had great leaders with legacies such as John F. Kennedy, Winston Churchill, Nelson Mandela, or Abraham Lincoln: If South Korea were lucky enough to have had such famous leaders, she would surely have been a more advanced and admirable country. Facing the Presidential Election Day in March 2022, many Koreans wish to have a great leader comparable to the...

On the campaign trail in 2020, then candidate Joe Biden posed as hawk on Russia. In response to reports (later discredited) that then President Donald Trump had ignored intelligence suggesting Russia had paid for bounties on US forces in Afghanistan, Biden declared that Trump’s “entire presidency has been a gift to Putin.” Biden’s attitude was partly explained by his party’s obsession with the (...

BEIJING , Dec. 22, 2021 /PRNewswire/ -- SENSORO - a worldwide leader in smart sensor and beacon technology - has chosen Graphcore systems to deliver the AI compute behind its latest environmental and safety monitoring systems. Graphcore IPUs will power a range of SENSORO solutions, designed to help towns and cities become safer, greener places to live. Smart sensors are emerging as an essent...

BOSTON and SCOTTSDALE, Ariz. , Dec. 21, 2021 /PRNewswire/ -- Encora , a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally-native companies and Advent International ("Advent"), a leading global private equity firm, today announced that Advent has acquired a majority stake in Encora's business. As pa...

CHICAGO and KANSAS CITY, Mo. , Dec. 21, 2021 /PRNewswire/ -- EVERSANA ™, the pioneer of next generation commercial services to the global life sciences industry, today announced it has completed its acquisition of Intouch Group®, a full-service global agency network serving the pharmaceutical industry. The acquisition immediately propels EVERSANA's position as a $1 billion commercial s...

MILAN , Dec. 21, 2021 /PRNewswire/ -- The House of Harry Winston , the legendary "King of Diamonds," and international luxury brand, announces the opening of its new retail salon in Milan, Italy . Located on Via Montenapoleone, one of the most prestigious and finest shopping destinations in the world, the salon houses Harry Winston's exquisite jewelry and timepiece collections, including...

Wellness Pet Company renaming harmonizes pet nutrition pioneer's mission of bringing nature, innovation, and science to premium pet nutrition with the Company's flagship Wellness ® brand TEWKSBURY, Mass. , Dec. 21, 2021 /PRNewswire/ -- WellPet, LLC, the largest North America based independent branded premium natural pet food company, backed by Clearlake Capital Group L.P. (together with i...