Pharos iBio to Showcase AI, Quantum Computing Drug-Discovery Strategy at BIO KOREA 2026 Pharos iBio, an artificial intelligence-based drug development company, said Tuesday it is taking part in BIO KOREA 2026 at COEX in Seoul through April 30, where it will present research technologies and key results based on AI and quantum computing. Now in its 21st year, BIO KOREA is a major South Korean health care event that shares the latest trends in the biohealth industry and promotes cooperation among global companies and research institutions. About 270 companies from 20 countries April 29, 2026

Democratic Party recruits Ha Jeong-woo, taps Jeon Eun-su for June 3 by-elections The Democratic Party has recruited Ha Jeong-woo, a former senior presidential secretary for AI future planning, and selected Jeon Eun-su, a former presidential spokesperson, ahead of the June 3 National Assembly by-elections. The party is widely seen as putting figures from the Lee Jae-myung administration at the forefront to rally its base. At a recruitment ceremony at the National Assembly on the 29th, party leader Jeong Cheong-rae said Ha, nicknamed “HaGPT,” was “a talent I wanted to b April 29, 2026

Haitai’s Palazo Launches P.FREDDO Gelato Line for Convenience Stores Italian gelato brand Palazo is moving into convenience-store distribution, aiming to make premium gelato easier to buy. Haitai Confectionery said on the 29th it is launching P.FREDDO, a Palazo brand made exclusively for retail distribution channels. Sales begin at GS25 on the same day, with a buy-one-get-one-free promotion running through May. The company said this is the first case of gelato, rather than ice cream, being sold at a convenience store. Haitai Confectionery plans to expand p April 29, 2026

Shinjo Logitec CEO Kwon Soon-wook Eyes Global Growth in Specialized Logistics "I’m confident we can take full responsibility for logistics transport that others can’t do — and that everyone will be satisfied with," Kwon Soon-wook said. Kwon made the remarks April 24 at Shinjo Logitec’s headquarters in Busan. Founded in 1998, the company has built 27 years of expertise in specialized cargo logistics and is combining ultra-heavy transport capability with digital technology to expand in global markets. Its track record includes work on the International T April 29, 2026

Barrel Signs China Distribution Deal With Tianma Sports to Expand Sales Watersports brand Barrel Co. said it is accelerating its push into China through a partnership with Chinese sports distributor Tianma Sports. Barrel, led by CEO Park Young-jun, said it signed an exclusive distribution and export agreement with Tianma Sports on the 24th. The deal reflects a minimum purchase target agreed by both sides and is valued at about 26 billion won based on export prices. Actual shipment volumes and timing will be set sequentially through individual orders, and the compan April 29, 2026

UAE’s ADNOC Plans Multibillion-Dollar Push Into U.S. Natural Gas The United Arab Emirates’ state oil company ADNOC plans to invest tens of billions of dollars to expand its U.S. natural gas business, seeking to diversify its commodities portfolio and build a global gas operation centered on liquefied natural gas (LNG) as energy-market volatility rises amid the Iran war. According to the Financial Times, ADNOC’s overseas investment platform, XRG, is reviewing 29 potential deals. The aim is to build a vertically integrated gas business spanning productio April 29, 2026

Kolon Spaceworks Expands North America Defense Push With Canada Submarine Teaming Deal Kolon Spaceworks said it is stepping up its push into the North American defense market through cooperation with Hanwha Ocean and Canadian firm Spartec. The company said it signed a teaming agreement, or TA, with Hanwha Ocean and Spartec at ‘CPSP Partners Day’ held April 28 (local time) in Montreal to strengthen competitiveness for Canada’s next-generation submarine program, known as CPSP. Kolon Spaceworks said the agreement establishes a cooperation framework with a loca April 29, 2026

CertiK report says 2026 digital-asset rules tighten AML and expand security-audit mandates Global Web3 security firm CertiK has released its “2026 Digital Asset Regulation Landscape” report, outlining regulatory trends and compliance challenges across major markets. The report said that as of April 2026, regulatory frameworks for digital assets are becoming more defined in key jurisdictions including the United States, the European Union, Hong Kong and Singapore. It said the industry is moving beyond early-stage self-regulation and reactive enforcement toward comprehensive compliance April 29, 2026

South Korea Labor Ministry Holds Forum With Industrial Accident Victims, Pledges to Close Coverage Gaps The government held a meeting to hear directly from workers injured in industrial accidents and their families during a memorial week for the Day of Workers Killed or Injured in Industrial Accidents. The Ministry of Employment and Labor said Ryu Hyeon-cheol, head of its Occupational Safety and Health Headquarters, hosted a discussion forum on Tuesday afternoon with the Korea Workers’ Compensation and Welfare Service under the theme “Listening to Injured Workers.” The event was organized April 29, 2026

LX International Q1 Operating Profit Falls 6.8% to 108.9 Billion Won LX International said in a regulatory filing Tuesday that its first-quarter operating profit on a consolidated basis totaled 108.9 billion won, down 6.8% from a year earlier. The company cited factors including a decline in the Shanghai Containerized Freight Index (SCFI). First-quarter revenue rose 4% from a year earlier to 4.2113 trillion won, helped by higher output and sales at key assets including the AKP nickel mine in Indonesia and palm plantations. Operating profit, April 29, 2026