SEOUL, SEPTEMBER 26 (Yonhap) — Genexine Inc.on Monday announced that it will sell stock to raise 100 billion won(US$69.9 million). The proceeds from the stock offering will be used primarily to finance its operations. According to a regulatory filing, the company will issue some 5.79 million common shares at a price of 17,250 won per … Read more
SEOUL– South Korea’s military plans to beef up its COVID-19 testing capacity amid the emergence of the omicron variant as the dominant strain in the country, according to the defense ministry Monday. Health authorities said omicron took up 50 percent of newly added variant infections last week, sparking concerns over the spread of the … Read more
SEOUL, The wife of late former President Chun Doo-hwan, widely criticized for the bloody crackdown on a 1980 pro-democracy uprising in the southwestern city of Gwangju, issued an apology on Saturday for the “pains and scars” inflicted during his presidency. Lee Soon-ja made the apology in the first such move by Chun’s family, as … Read more