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Securities Firms Add Staff for First Time in Three Years Amid Market Boom

Securities Firms Add Staff for First Time in Three Years Amid Market Boom

SEOUL, Nov. 24 (Korea Bizwire) — South Korean brokerage houses are expanding their workforces for the first time in three years, buoyed by a roaring stock market and renewed momentum in investment banking and digital services. As of the end of September, the nation’s 60 securities firms employed 39,238 people, up 398, or about 1 percent,

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Public Can Now Check National Patient Numbers Through Naver, Thanks to NHIS Tie-Up

Public Can Now Check National Patient Numbers Through Naver, Thanks to NHIS Tie-Up

SEOUL, Nov. 24 (Korea Bizwire) — South Koreans can now access detailed, government-verified statistics about specific diseases directly through Naver, the country’s dominant search engine, under a new public service launched Sunday. The National Health Insurance Service (NHIS) said it partnered with Naver to make health-care utilization data easily available to the public. When users search

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Seoul’s Gwangjang Market Engulfed in Dispute as Shop Owners Plan Lawsuit Over Price-Gouging Fallout

Seoul’s Gwangjang Market Engulfed in Dispute as Shop Owners Plan Lawsuit Over Price-Gouging Fallout

SEOUL, Nov. 24 (Korea Bizwire) — A long-running controversy over price-gouging at Seoul’s iconic Gwangjang Market has escalated into a legal battle, as brick-and-mortar shop owners move to sue street vendors for damages, arguing that repeated scandals have driven customers away and caused significant financial harm. According to interviews conducted by Yonhap News Agency, the Gwangjang

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Korea Fast-Tracks Pedal-Error Prevention Effort After Data Shows High Risk Among Seniors

Korea Fast-Tracks Pedal-Error Prevention Effort After Data Shows High Risk Among Seniors

SEOUL, Nov. 24 (Korea Bizwire) — South Korean authorities plan to expand a safety program for elderly drivers after new data showed more than 70 suspected pedal-misapplication incidents over a three-month period — all prevented by recently installed safety devices. According to the National Police Agency on Sunday, the Korea Transportation Safety Authority analyzed pedal-misoperation prevention

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LG Electronics Expands Middle East Footprint With UAE Smart-City Partnership

LG Electronics Expands Middle East Footprint With UAE Smart-City Partnership

SEOUL, Nov. 24 (Korea Bizwire) — LG Electronics is accelerating its expansion in the Middle East, positioning itself as a key business-to-government (B2G) partner in the Global South as countries in the region pursue large-scale smart-city and infrastructure projects. The South Korean tech company said Sunday that it has signed a strategic partnership with Expo City

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Genesis Named Best Luxury Auto Brand by U.S. News & World Report

Genesis Named Best Luxury Auto Brand by U.S. News & World Report

SEOUL, Nov. 24 (Korea Bizwire) — Genesis, the luxury marque of Hyundai Motor Group, has been named the “Best Luxury Brand” by U.S. News & World Report, the company said Sunday, marking a major milestone as it continues to elevate its global profile. The recognition comes as the American media outlet announced winners across six categories—luxury,

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S. Korea Maintains $100 Million Global Health Pledge, Secures Voting Seat on Global Fund Board

S. Korea Maintains $100 Million Global Health Pledge, Secures Voting Seat on Global Fund Board

SEOUL, Nov. 24 (Korea Bizwire) — Despite a global economic downturn and a 14 percent cut to next year’s official development assistance budget, South Korea has pledged US$100 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria—matching its previous commitment and strengthening its standing in international health governance. The announcement was made Friday at

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