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Military Service Exemptions for Athletes and Artists Stir Debate in South Korea

Military Service Exemptions for Athletes and Artists Stir Debate in South Korea

SEOUL, Dec. 5 (Korea Bizwire) – When Choo Shin-soo, one of South Korea’s most successful Major League Baseball players, recently addressed longstanding rumors about avoiding national team duty after receiving a military service exemption, his explanation that “the team opposed it” did little to quell public criticism.  Despite his distinguished 16-year career in American baseball, online [...]

Economic Turmoil Grips Pohang as Battery and Steel Industries Face Challenges

Economic Turmoil Grips Pohang as Battery and Steel Industries Face Challenges

POHANG, South Korea, Dec. 5 (Korea Bizwire) — The industrial heart of Pohang, once buoyed by its thriving secondary battery and steel industries, is grappling with a severe economic downturn, underscoring the fragility of the region’s core sectors. The city, home to major players like EcoPro, POSCO Future M, and GS Energy Materials, has been [...]

Main Opposition Seeks Vote on Yoon Impeachment Motion Saturday

Main Opposition Seeks Vote on Yoon Impeachment Motion Saturday

SEOUL, Dec. 5 (Korea Bizwire) — The main opposition Democratic Party (DP) said Thursday it will push for a vote Saturday for an impeachment motion against President Yoon Suk Yeol over his declaration of martial law and subsequent lifting. The DP and five other minor opposition parties have submitted an impeachment motion, arguing Yoon’s martial [...]

N. Korea-Russia Defense Treaty Goes into Effect Dec. 4: State Media

N. Korea-Russia Defense Treaty Goes into Effect Dec. 4: State Media

SEOUL, Dec. 5 (Korea Bizwire) — A new defense treaty signed by the leaders of North Korea and Russia in June came into force this week as the two nations have exchanged the treaty ratification instruments, state media reported Thursday. The comprehensive strategic partnership treaty went into effect Dec. 4, when the two sides signed [...]

LG Electronics Partners with U.S.-based Ambarella for In-cabin Sensing Solution

LG Electronics Partners with U.S.-based Ambarella for In-cabin Sensing Solution

SEOUL, Dec. 5 (Korea Bizwire) — LG Electronics Inc. said Thursday it has teamed up with Ambarella, a U.S. artificial intelligence (AI) semiconductor design company, to introduce an enhanced in-cabin sensing solution featuring driver and vehicle interior space detection technologies. LG Electronics’ driver monitoring system (DMS) will be integrated with Ambarella’s Edge AI System on [...]

N. Korea’s State Media Remains Silent about Martial Law Turmoil in S. Korea

N. Korea’s State Media Remains Silent about Martial Law Turmoil in S. Korea

SEOUL, Dec. 5 (Korea Bizwire) — North Korea’s state media on Thursday kept mum about President Yoon Suk Yeol’s short-lived imposition of emergency martial law and its political repercussions. Yoon abruptly declared martial law late Tuesday, accusing the opposition of paralyzing the government with “anti-state” activities. He lifted the decree hours after the National Assembly [...]

Seven out of 10 Support Yoon’s Impeachment over Martial Law Declaration: Poll

Seven out of 10 Support Yoon’s Impeachment over Martial Law Declaration: Poll

SEOUL, Dec. 5 (Korea Bizwire) — Seven out of 10 South Koreans support impeaching President Yoon Suk Yeol over his short-lived martial law declaration, a survey showed Thursday, after it caused political turmoil and unsettled markets. Yoon faces an impeachment motion submitted by opposition lawmakers, who argue his actions violated the Constitution and other laws [...]