SEOUL, March 5 (Korea Bizwire) — In a move that has sent shockwaves through South Korea’s retail industry, Homeplus, one of the country’s largest retail chains, filed for court receivership on March 4, citing concerns over potential liquidity issues that could affect vendor payments as early as May. The bankruptcy filing has drawn criticism from industry [...]
MAHE, Seychelles, March 4, 2025 (Korea Bizwire) – BitMEX, the OG crypto derivatives exchange, has announced major updates for its Multi Asset Margining users, including a 60% reduction in haircuts and the addition of SOL (Solana) as a margin currency. This upgrade allows users on BitMEX to experience one of the lowest haircut rates in the [...]
MANAMA, March 4, 2025 (Korea Bizwire) — In a significant step reflecting global recognition of Bahrain’s leadership in promoting peace and coexistence, the United Nations General Assembly has officially proclaimed 28 January as the International Day of Peaceful Coexistence. This resolution, spearheaded by the Kingdom of Bahrain in collaboration with allied nations, was initiated by [...]
SEOUL, March 4 (Korea Bizwire) — Users of the AI-driven mobile blood sugar management solution PASTA have adopted dietary habits that prioritize fiber over protein and carbohydrates, along with regular post-meal walking, to help regulate blood sugar levels and lose weight. These efforts have collectively resulted in a blood sugar reduction equivalent to 5.46 million sugar [...]
SEOUL, March 4 (Korea Bizwire) — Luxury rental prices in Seoul have surged, with a growing number of apartments commanding monthly rents exceeding 10 million won ($6,900), highlighting a shift in the city’s high-end housing market. According to data from South Korea’s Ministry of Land, Infrastructure, and Transport, released on March 3, nearly 38% of [...]
SEOUL, March 4 (Korea Bizwire) — BTS member J-Hope will appear on “The Tonight Show Starring Jimmy Fallon” for the first time as a solo artist next week, according to the U.S. TV show. The show introduced the Korean pop star as a guest on its website Monday (U.S. time) while also sharing a short [...]
SEOUL, March 4 (Korea Bizwire) — A recent global survey has revealed that four out of 10 South Koreans have difficulty maintaining quality sleep at least three times a week, with stress identified as the leading cause of sleep deprivation. ResMed, a global sleep solutions provider, released the findings of its fifth annual Global Sleep Health [...]
SEOUL, March 4 (Korea Bizwire) — Director Bong Joon-ho’s “Mickey 17″ dominated the South Korean box office over the extended March 1 Independence Movement Day holiday, drawing over 1 million viewers nationwide, according to data released Tuesday. The computerized box-office tally from the Korean Film Council showed that the Hollywood sci-fi black comedy attracted 1.04 [...]
SEOUL, March 4 (Korea Bizwire) — The government said Tuesday it plans to conduct inspections at 22,000 construction sites across the country this year to prevent defective projects and review on-site safety measures. The Ministry of Land, Infrastructure and Transport said it will collaborate with 12 agencies, including regional land management offices and the Korea [...]
SEOUL, March 4 (Korea Bizwire) — A China-based tour agency has begun taking bookings for an international marathon in Pyongyang next month, marking the latest sign of North Korea reopening to foreign tourists. Koryo Tours, which specializes in North Korean tours, has recently begun taking bookings on its website for the amateur competition in the [...]