SEOUL, Nov. 13 (Korea Bizwire) – HS Hyosung Corp. Vice Chairman Cho Hyun-sang has been appointed to head the business advisory council of the Asia-Pacific Economic Cooperation (APEC), the Korean Chamber of Commerce and Industries (KCCI) said Wednesday. Cho was unanimously elected as chair of the 2025 APEC Business Advisory Council (ABAC) at the fourth [...]
SEOUL, Nov. 13 (Korea Bizwire) – Lee, a 32-year-old office worker from Incheon, has been waking up in the middle of the night to check his investment portfolio, often exclaiming “Thank you, Musk” before falling back asleep. His enthusiasm stems from a remarkable turnaround in his 10-million-won investment in Tesla, which had previously plunged 30% amid [...]
SEOUL, Nov. 13 (Korea Bizwire) — Chinese electric vehicle (EV) giant BYD Co. on Wednesday officially announced its plan to enter South Korea’s passenger car market. BYD Korea, the company’s South Korean sales subsidiary, said in a press release that it has “completed review to release passenger car brands in the domestic market” and officially [...]
SEOUL, Nov. 13 (Korea Bizwire) – As the third quarter of 2024 comes to a close, South Korea’s gaming industry is experiencing a stark divide in financial performance, with companies’ fortunes increasingly dependent on their intellectual property (IP) portfolios, leading major players to adopt divergent strategies for 2025. Industry powerhouses Krafton and Nexon, often considered the [...]
SEOUL, Nov. 13 (Korea Bizwire) — “Devils Stay” sticks closely to the classic formula of a traditional exorcism film: a young girl possessed by a mysterious demon and a tormented exorcist fighting to save her while grappling with his own troubled past. As part of efforts to set it apart from other exorcism tales, director [...]
SEOUL, Nov. 3 (Korea Bizwire) — A solar coronagraph jointly developed by South Korea and the United States has been successfully installed to the International Space Station (ISS) to begin its mission of observing the sun and its outer atmosphere, or corona, Seoul’s national space agency said Wednesday. The Coronal Diagnostic Experiment (CODEX) was installed [...]
SEOUL, Nov. 13 (Korea Bizwire) — A local court on Wednesday sentenced popera star Kim Ho-joong to 2 1/2 years in prison on charges of ramming into a taxi and fleeing the scene. In delivering the sentence, the Seoul Central District Court said Kim “fled irresponsibly” even after having caused damage to the taxi and [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea added less than 100,000 jobs in October for the first time in four months primarily due to a slowdown in the wholesale, retail and construction sectors, data showed Wednesday. The number of employed people aged 15 years and older came to 28.85 million as of end-October, up [...]
SEOUL, Nov. 13 (Korea Bizwire) – Hot spring bathing in South Korea will soon extend beyond traditional bathhouses to camping and glamping sites, following new regulatory changes approved by the government. The Ministry of the Interior and Safety announced on November 12 that the Cabinet had passed amendments to the Hot Springs Act enforcement decree, aimed [...]
SEOUL, Nov. 13 (Korea Bizwire) – Ford’s bestselling SUV, the Explorer, has made its latest debut in South Korea, with the automaker unveiling The New Ford Explorer at a showcase event held at Some Sevit in Seoul’s Seocho district on November 12. First introduced in North America in 1990 as Ford’s first four-door SUV, the Explorer [...]