SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s manufacturing and export sectors, the backbone of its economy, are bracing for significant challenges in early 2025 due to rising global trade tensions and domestic political instability. Concerns are growing over protectionist policies from major economies, particularly under the incoming Trump administration, and a leadership void in [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea is grappling with a surge in obesity and e-cigarette use, even as traditional smoking declines and physical activity rates improve, according to a nationwide health survey released by the Korea Disease Control and Prevention Agency (KDCA). The survey, conducted among 230,000 adults across 258 health centers, revealed [...]
SEOUL, Dec. 23 (Korea Bizwire) — K-pop boy group Stray Kids has claimed its sixth No. 1 on the U.S. Billboard’s main albums chart with its new album, “Hop.” The album debuted atop the Billboard 200 chart for this week with 187,000 equivalent album units earned in the United States, Billboard said in a chart [...]
SEOUL, Dec. 23 (Korea Bizwire) — Ukraine’s military unveiled what it claimed were false identification documents carried by North Korean troops killed in the war with Russia, a report showed, amid Kyiv’s claim that Russia is trying to conceal the presence of North Korean soldiers. Citing images shared on the Telegram channel of Ukraine’s special [...]
SEOUL, Dec. 23 (Korea Bizwire) — Suwon FC head coach Kim Eun-jung has decided to stay put with the K League 1 club, his agency announced Monday, following weeks of rumors that the two sides would go separate ways. DJ Management said Kim will stay at the helm of Suwon FC “after long discussions with [...]
SEOUL, Dec. 23 (Korea Bizwire) — The National Assembly began a two-day confirmation hearing process Monday for three nominees to the Constitutional Court, which will deliberate on President Yoon Suk Yeol’s impeachment trial. The parliamentary hearings aim to fill vacancies on the nine-member bench, where six justices are currently seated. By law, at least six [...]
SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]
SEOUL, Dec. 23 (Korea Bizwire) — North Korea touted the recovery of the country’s flood-damaged northwestern regions as “miracles” in reports released Monday, using the occasion to portray leader Kim Jong-un as a “benevolent father.” “The flood-hit areas of North Phyongan, Jagang and Ryanggang provinces have turned into ideal socialist villages,” the North’s Korean Central [...]
DONGDUCHEON, Dec. 23 (Korea Bizwire) – A South Korean firefighter with two decades of experience has developed a specialized stretcher attachment designed to safely transport children in ambulances. Lee Soo-jung, a fire lieutenant at the Dongducheon Fire Station, identified a critical gap in emergency medical transport safety. “While child car seats are mandatory in regular vehicles, [...]
SEOUL, Dec. 23 (Korea Bizwire) — North Korea appears to be preparing to deploy additional troops and military equipment to Russia, possibly including suicide drones, in support of Moscow’s war against Ukraine, the South’s military said Monday. The assessment came as North Korea is believed to have sent thousands of troops to fight for Russia [...]