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Exports of Hallyu-Related Goods Surge: Data

Exports of Hallyu-Related Goods Surge: Data

SEOUL, Aug. 29 (Korea Bizwire) – Outbound shipments of food, beauty, fashion and personal care products soared in the first half of the year on the back of the growing popularity of the Korean wave, or hallyu, industry data showed on Monday.  According to the data compiled by the Korea International Trade Association (KITA), exports

Regulator Set to Launch Robo-Advisor Test Bed

Regulator Set to Launch Robo-Advisor Test Bed

SEOUL, Aug. 29 (Korea Bizwire) – South Korea will soon begin the process of introducing a full-fledged computer-advised asset management system, the nation’s financial regulator said Sunday.  Some brokerage firms here have operated robo-advisors on a limited basis with brokers involved.  The Financial Services Commission (FSC) said it plans to first confirm whether the industry

Alcohol Consumption Survey Spotlights Excessive Drinking among Korean Youth

Alcohol Consumption Survey Spotlights Excessive Drinking among Korean Youth

SEOUL, Aug. 27 (Korea Bizwire) – Drinking can be fun, and when you’re young, the more the better. But a recent study conducted by the Ministry of Food and Drug Safety (MFDS) is sounding an alarm for young Koreans and their heavy drinking culture. The survey, conducted from July 18 to August 15 with the

Korean Experts Warn of Hearing Loss Dangers

Korean Experts Warn of Hearing Loss Dangers

SEOUL, Aug. 26 (Korea Bizwire) – With industrialization, technological advancement, and diverse cultural content infiltrating our everyday lives, our ears are exposed to a constant onslaught of noise and sounds.  But despite the little attention most people pay to the health of their ears, experts claim that potential health implications are high, and that hearing

Video of Hyundai’s Automatic Parking EV Impresses Car Enthusiasts

Video of Hyundai’s Automatic Parking EV Impresses Car Enthusiasts

SEOUL, Aug. 26 (Korea Bizwire) – Hyundai Motor Group’s YouTube video of a Kia Soul EV parking itself went viral among car enthusiasts, accumulating over 200,000 views in less than a day.  The video, which was filmed at Hyundai’s research institute in Gyeonggi Province (Uiwang), shows a driver stepping out of a vehicle and using

Patients have Unrealistic Expectations for Alternative Cancer Treatments: Doctors

Patients have Unrealistic Expectations for Alternative Cancer Treatments: Doctors

SEOUL, Aug. 26 (Korea Bizwire) – Besides the better known medical treatments for cancer, such as chemotherapy or immunotherapy, alternative or supplementary remedies like exercise (i.e. yoga), dietary remedies, health supplements, and even oriental medicine are sometimes recommended to cancer patients.  And while patients have tended to have higher hopes with alternative treatments, doctors have

Koreans Perceive Natural Disasters Differently than Japanese

Koreans Perceive Natural Disasters Differently than Japanese

JEJU, Aug. 26 (Korea Bizwire) – A recent study led by Hosei University professor Shirai Nobuo and professor Lee Soo-cheol of Meijo University revealed that Koreans and Japanese have different perceptions of natural disasters.  The survey, which was conducted with the participation of 520 citizens from each of Tokyo and Seoul, showed that 48.8 percent

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