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S.KOREA

Court terminates Homeplus rehabilitation proceedings

The court has terminated the corporate rehabilitation proceedings for Homeplus. Homeplus can now seek a fresh review by filing an immediate appeal within two weeks. The Seoul Bankruptcy Court's Rehabilitation Division 4 (Chief Judge Jung Joon-young) ruled to terminate the rehabilitation process for Homeplus on July 3, determining that the revised corporate..

K-biotech innovation bears fruit in new drugs and treatments
Just one year into the Lee Jae-myung administration, South Korea's K-biotech industry has achieved historic milestones by successfully hitting two targets..

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