SEOUL, Feb. 6 (Korea Bizwire) — Leading South Korean companies and institutions are increasingly restricting the use of DeepSeek, a Chinese artificial intelligence model, amid concerns over its excessive data collection practices. Kakao, which recently announced an official partnership with OpenAI, became the first major South Korean IT company to prohibit DeepSeek’s use for internal operations, [...]
SEOUL, Feb. 6 (Korea Bizwire) – Popular K-pop girl group BLACKPINK will embark on a new world tour this year, its agency, YG Entertainment, announced Thursday. The agency made the announcement on its official blog, accompanied by a teaser video for the upcoming tour. It will be the group’s first world tour in one year [...]
SEOUL, Feb. 6 (Korea Bizwire) – Second Vice Foreign Minister Kang In-sun has discussed ways to deepen cooperation in the critical minerals sector in talks with senior government officials of Tanzania, South Africa and Zimbabwe, Seoul’s foreign ministry said Thursday. The talks took place Wednesday (local time) on the margins of a key mining event [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korea is set to enter a new era of capital market competition as Nextrade, the country’s first alternative trading system (ATS), begins operations on April 4. The Financial Services Commission announced at its second regular meeting on February 5 that it would grant final approval for Nextrade’s multilateral trading [...]
SEOUL, Feb. 6 (Korea Bizwire) – North Korea’s national team has left for Harbin, China, to compete in the upcoming Asian Winter Games, state media reported Thursday. The national team, along with a delegation from North Korea’s Olympic Committee, led by Sports Minister and committee Chairman Kim Il-guk, left Pyongyang the previous day, the Korean [...]
SEOUL, Feb. 6 (Korea Bizwire) – K-pop star G-Dragon will perform as a headliner at the Head in the Clouds Los Angeles 2025, his agency, Galaxy Corporation, said Thursday. Head in the Clouds Los Angeles is a global music festival organized by 88rising, an Asian American entertainment company, to showcase Asian artists to the United [...]
SEOUL, Feb. 6 (Korea Bizwire) – South Korea logged a current account surplus for the eighth straight month in December, backed by strong exports and an increased trade surplus, central bank data showed Thursday. The country’s current account surplus reached US$12.37 billion in December, following the surplus of $10.05 billion a month earlier, according to [...]
LONDON, Feb. 6, 2025 (Korea Bizwire) – The award aims to recognise the most creative and impactful sponsorship activations in the international sports landscape Capgemini’s sponsorship campaign for the latest edition of the Ryder Cup has won the inaugural Sponsorship Works Award from SportBusiness. Capgemini is a global partner of the Ryder Cup until 2027. ‘Outcome IQ’, [...]
SEOUL, Feb. 6 (Korea Bizwire) — Scientists have discovered that seaweed extracts may help suppress and alleviate inflammation caused by fine dust particles, according to an announcement from Wando County, South Jeolla Province, on February 5. The research, conducted jointly by the Marine Bio Research Center, Jeonbuk National University, and Sunchon National University, focused on identifying [...]
SEOUL, Feb. 6 (Korea Bizwire) — A new study has demonstrated the safety and effectiveness of robot-assisted gait training for patients recovering from spinal surgery, with participants showing an average 39% improvement in their ability to perform daily activities, researchers from Gangnam Severance Hospital announced on February 5. The research team, led by Park Jung-hyun of [...]