SEOUL, Dec. 23 (Korea Bizwire) — Police have been analyzing President Yoon Suk Yeol’s personal phone records after securing them as part of their investigation into his botched declaration of martial law earlier this month, officials said. The police special investigation team handling the case is checking the records for conversations with individuals allegedly involved [...]
SEOUL, Dec. 23 (Korea Bizwire) — Director Kwak Kyung-taek’s latest film, “Firefighters,” remained the top choice at the local box office. According to the Korean Film Council’s computerized box-office tally Monday, the disaster film topped the weekend box office for the second consecutive week, attracting an audience of 510,000 from Friday to Sunday. The movie, [...]
SEJONG, Dec. 23 (Korea Bizwire) — The government is set to swiftly deploy additional market stabilization measures, including the injection of the second phase of value-up funds worth 300 billion won (US$207 million) into the country’s stock market, Finance Minister Choi Sang-mok said Monday. Choi made the remarks during an emergency meeting with top economic and financial [...]
TOKYO/SEOUL, Dec. 23 (Korea Bizwire) – Fourteen years after the Fukushima Daiichi nuclear disaster, radioactive contamination remains a serious issue for wild mushrooms harvested in eastern Japan, according to a report by Tokyo Shimbun on December 22. A recent investigation by a local citizens’ group revealed that 28% of 100 wild mushroom samples sourced from [...]
DAEJEON, Dec. 23 (Korea Bizwire) – In a significant advance for cancer treatment, researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a novel technique that transforms colon cancer cells into normal-like cells without destroying them, the institute announced on December 22. The research team, led by professor Cho Kwang-hyun from the [...]
SEOUL, Dec. 23 (Korea Bizwire) – South Korea is implementing new graphic health warnings and text messages on cigarette packages starting December 23, marking the fifth iteration of the country’s tobacco warning system, the Ministry of Health and Welfare announced on December 22. The revised warnings feature more direct messaging, replacing single-word cautions with complete sentences [...]
SEOUL, Dec. 23 (Korea Bizwire) – A record number of vehicles have been recalled in South Korea this year due to manufacturing defects, according to data released by the Korea Transportation Safety Authority’s Auto Recall Center on December 22. The center reported that 5,142,988 vehicles across 1,684 models underwent recalls in 2024, tripling last year’s figure [...]
ROTTERDAM, Netherlands, Dec. 23 (Korea Bizwire) — Nearfield Instruments, a pioneer in advanced process control metrology solutions, is proud to announce that it has received repeat purchase orders for its flagship QUADRA High-Throughput Process Control Metrology System. This follow-up order highlights Nearfield Instruments’ increasing market traction and its success in penetrating high-volume manufacturing operations. The QUADRA [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s Statistical Office released its 2024 Social Trends report on December 19, revealing significant insights into the potential impact of artificial intelligence (AI) on jobs, rising obesity rates, and shifting societal behaviors. AI and Job Displacement AI technologies like ChatGPT could replace 2.7 million jobs, nearly 10% of [...]
SEOUL, Dec. 20 (Korea Bizwire) – As South Korea braces for its coldest winter yet, electric vehicle (EV) owners are expressing growing frustration over significant drops in driving range during frigid weather. Online forums have been buzzing with complaints, with many surprised by how much their EV range decreases compared to summer. Questions about efficient [...]