SEOUL, Jan. 15 (Korea Bizwire) — South Korean and Canadian companies are set to collaborate on battery recycling and circular economy projects, focusing on extending the lifespan of batteries and developing sustainable practices. The Korea Institute of Industrial Technology (KITECH) announced on January 14 that it will co-host a “Korea-Canada Battery Circular Economy Seminar and B2B [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea kicked off its annual winter shopping festival Wednesday, a 45-day nationwide event aimed at drawing foreign tourists and boosting spending during the tourism off-season. The Korea Grand Sale, running through Feb. 28, features discounts across flights, accommodations, and retail sectors, according to the Ministry of Culture, Sports [...]
SEOUL, Jan. 15 (Korea Bizwire) — “Squid Game” Season 2 continues to captivate global audiences, holding the No. 1 position on Netflix’s Global Top 10 Non-English TV chart for three consecutive weeks, the streaming giant said Wednesday. According to Netflix, the Korean series garnered 26.3 million views in the week ending Sunday, propelling it to [...]
SEOUL, Jan. 15 (Korea Bizwire) — The inaugural cup tournament of League of Legends Champions Korea (LCK) was set to kick off Wednesday to pick a team to join the newly created international competition for the globally popularly online game, its organizer said. Ten South Korean teams, including the defending world champion T1, will compete [...]
SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it seeks to sell at least 58,000 units of its newly facelifted Palisade SUV in the domestic market by leveraging its hybrid and new nine-seat variants. The newly overhauled Palisade comes six years after the model’s debut in November 2018. The 2.5 turbo gasoline [...]
SEOUL, Jan. 15 (Korea Bizwire) — Taiwan’s 2007 fantasy-music-romance film “Secret” is widely regarded as a cornerstone of the revival of Taiwanese cinema and remains a beloved classic among Korean audiences. After its release, countless Korean fans added Danshui, the film’s picturesque setting, to their must-visit lists when traveling to Taiwan, proving the movie’s enduring [...]
SEJONG, Jan. 15 (Korea Bizwire) — Container shipping costs from South Korea to China decreased in December compared with a month earlier, reversing the upward trend, the customs agency said Wednesday. The average shipping cost for a 40-foot container from South Korea to China fell 1.1 percent from a month earlier to 8 million won [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s industry ministry said Wednesday the government will spend 1.5 trillion won (US$1.02 billion) this year to induce consumers to purchase electric vehicles (EVs). The move is aimed at revitalizing domestic demand for EVs amid sluggish sales driven by safety concerns and a lack of access to charging [...]
SEOUL, Jan. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a strategic partnership with Microsoft Corp. to strengthen the content of the gaming platform of its smart TVs. Under the partnership, additional Xbox games from Microsoft, including the Harry Potter game “Hogwarts Legacy,” will be available for subscribers of Xbox Game [...]
SEOUL, Jan. 15 (Korea Bizwire) — Ukrainian President Volodymyr Zelenskyy has released another video showing a captured North Korean soldier undergoing interrogation, accusing Russia of using North Korean troops to “prolong and escalate” its war against Ukraine. “Communication between captured North Korean soldiers and Ukrainian investigators continues. We are establishing the facts. We are verifying [...]