SEOUL, Oct. 16 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading automotive parts maker, said Wednesday it has signed an investment agreement worth some 350 billion won (US$256.2 million) with the Slovak government to build manufacturing facilities for electric vehicle (EV) parts in the European country. Hyundai Mobis said it has signed the agreement [...]
SEOUL, Oct. 16 (Korea Bizwire) – The Seoul Metropolitan Government announced on October 15 that it will conduct a comprehensive audit of 1,000 medical clinics that handle propofol, a powerful sedative, on average more than once a day. The audits will run from November 17 through January of next year. City officials cited the increasing misuse [...]
SEOUL, Oct. 16 (Korea Bizwire) — Police have rounded up 474 people connected to deepfake sex crimes so far this year, the National Police Agency (NPA) said Wednesday. Police received 921 reports related to deepfake sex crimes between January and Monday, and they have arrested 474 suspects during this period, according to the NPA. Over [...]
YONGIN, South Korea, Oct. 16 (Korea Bizwire) — With the country’s only two Premier Leaguers injured for a key World Cup qualification match Tuesday night, South Korea’s young offensive stars grabbed the opportunity to play additional minutes and ran with it. South Korea got past Iraq 3-2 in their Group B match in the third [...]
SEOUL, Oct. 16 (Korea Bizwire) — The state-run Korea Trade Insurance Corp. said Wednesday that it has granted trade finance of US$1.35 billion to Hyundai Motor Co. for the ongoing construction of an electric vehicle plant in the U.S. state of Georgia. The financial support is aimed at assisting the construction of the EV plant [...]
SEOUL, Oct. 16 (Korea Bizwire) — Han Kang’s books have sold over 1 million copies at an unprecedented rate following her Nobel Prize in Literature win, according to major bookstores Wednesday, marking a new milestone in Korean publishing history. As of 9 a.m., her novels have reached 1.03 million copies in sales across major online [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Koreans voted Wednesday to elect the education chief of Seoul and four local government heads, with the result expected to serve as a litmus test of public sentiment since the April general elections. Up for grabs in Wednesday’s by-elections are five local administrative seats — the superintendent of [...]
SEOUL, Oct. 16 (Korea Bizwire) – When news broke that Han Kang, the 54-year-old novelist who recently won the Nobel Prize in Literature, had received the announcement while having dinner with her son, it reignited interest in a personal anecdote about her decision to have children. The story, which has been circulating on various online communities, [...]
SEOUL, Oct. 16 (Korea Bizwire) — The government will provide low-interest loans and other support worth 8.8 trillion won (US$6.45 billion) for the semiconductor industry by next year in an effort to strengthen the competitiveness of the advanced sector, the finance ministry said Wednesday. It is part of execution plans for the comprehensive support package [...]
SEOUL, Oct. 16 (Korea Bizwire) — For the first two games of the Korea Baseball Organization (KBO) postseason series between the home team Samsung Lions and the LG Twins this week, Daegu Samsung Lions Park turned out to be everything it was cracked up to be: a bandbox that favors hitters. The 8-year-old stadium, located [...]