SEOUL, March 10 (Korea Bizwire) — South Korea ranked seventh in the world in terms of domestic vehicle output last year, an industry association said Monday, down one notch from a year earlier due to a drop in output amid an economic slowdown. The country’s domestic car production fell to 4.13 million units in 2024 [...]
SEOUL, March 10 (Korea Bizwire) — Boy group EXO member Xiumin put out his second solo EP, titled “Interview X,” on Monday, his agency, INB100, said. Including lead track “Whee!,” the album has six tracks that also include “Can’t Help Myself,” “Make You Lala” and “Switch Off.” “Whee!” is a UK garage-inspired dance track that [...]
SEOUL, March 10 (Korea Bizwire) — Seulgi of K-pop girl group Red Velvet is back with a new solo album, “Accidentally On Purpose,” her agency said Monday. “Accidentally On Purpose” consists of six tracks, including the lead track, “Baby, Not Baby.” The EP marks the singer’s first solo release in over two years since she [...]
SEOUL, March 10 (Korea Bizwire) — Celltrion Inc., a major South Korean biopharmaceutical firm, said Monday its biosimilar for asthma and other chronic allergic diseases has obtained approval for U.S. sales. The U.S. Food and Drug Administration (FDA) approved Celltrion’s Omlyclo, a biosimilar drug to Xolair, for treatment of moderate to severe persistent asthma, chronic [...]
SEOUL, March 10 (Korea Bizwire) — The number of self-employed people continued to fall in the four months through January due mainly to a prolonged economic slowdown, government data showed Monday. The number of self-employed people came to 5.5 million in January, down 270,000 from 5.77 million tallied in October, according to the data from [...]
SEOUL, March 10 (Korea Bizwire) — A new survey has revealed that many social media users primarily access platforms to kill time, with TikTok showing the strongest tendency toward habitual, passive consumption. According to the “2024 Social Media User Survey” conducted by the Korea Press Foundation, 48.7% of TikTok users cited “killing time or habitual use” [...]
SEOUL, March 10 (Korea Bizwire) — Six out of 10 office workers believe marriage is no longer necessary, given changing social norms and economic factors, a survey showed Monday. According to the survey of 653 wage earners conducted by local online job placement portal Incruit, 60.2 percent of those polled said getting married is not [...]
SEOUL, March 10 (Korea Bizwire) — LS Cable & System Ltd., South Korea’s biggest cable company, said Monday its unit has received a power cable supply deal in the Philippines. LS Eco Energy will supply mid-voltage and high-voltage cables to an internet data center (IDC) located in the STT Fairview Campus, a data center cluster [...]
SEOUL, March 10 (Korea Bizwire) — LG CNS Co., an information technology affiliate of South Korea’s LG Electronics Inc., said Monday it has signed a partnership with Canada’s artificial intelligence (AI) company Cohere Inc. to develop localized AI service for Korean enterprises. Under the agreement, the two companies will collaborate on the joint development of [...]
SEOUL, March 10 (Korea Bizwire) — The Air Force reaffirmed pilot error as the main cause of an unprecedented mistaken bombing on a civilian town last week, as it released Monday the interim probe results of the fighter jet accident. Two KF-16 fighter jets “abnormally” dropped eight MK-82 bombs outside a training range in Pocheon, [...]