SEOUL, Feb. 6 (Korea Bizwire) — A South Korean appeals court has reversed a lower court’s decision that had awarded compensation to an inmate who sued the government over cramped prison conditions, the Gwangju District Court announced on February 4. The civil division of the court, presided over by Judge Lee Heung-kwon, overturned the initial ruling [...]
SEOUL, Feb. 6 (Korea Bizwire) — Korean scientists have identified a molecular switch that could potentially transform cancer cells back into normal cells by capturing the critical transition moment when healthy cells become cancerous, the Korea Advanced Institute of Science and Technology (KAIST) announced on February 5. The research team, led by Cho Kwang-hyun from the [...]
SEOUL, Feb. 6 (Korea Bizwire) — In South Korea, approximately 85% of new mothers used postpartum care centers last year, spending an average of 2.87 million won for 12.6 days of care, according to a government survey. The cost has increased by 18% over the past three years. The Ministry of Health and Welfare released these [...]
SEOUL, Feb. 5 (Korea Bizwire) - Netflix’s original medical drama “The Trauma Code: Heroes on Call” has dethroned “Squid Game: Season 2″ to become the most-watched non-English TV show on the platform last week. Starring Ju Ji-hoon, the series topped Netflix’s Top 10 Non-English Shows list released Wednesday for the week of Jan. 27–Feb. 2, [...]
SEOUL, Feb. 5 (Korea Bizwire) – South Korea’s major companies slightly increased their workforce last year, with tech giant Samsung Electronics Co. seeing the largest expansion despite challenges in its flagship semiconductor business, a corporate tracker said Wednesday. The total number of subscribers to the state-run National Pension Service (NPS) at 468 out of the [...]
SEOUL, Feb. 5 (Korea Bizwire) - Hyundai Motor Group is expected to be among the least affected global automakers from the United States’ plan to levy a 25 percent tariff on goods from Mexico, according to market watchers Wednesday. Major automakers with production bases in Mexico include General Motors (GM), Ford, Toyota, Nissan, Volkswagen, Honda [...]
SEOUL, Feb. 5 (Korea Bizwire) - The South Korean central bank said Wednesday that uncertainties remain high regarding prices of global oil and farm produce, the local currency and domestic demand, which could affect inflation down the road. Bank of Korea (BOK) Deputy Gov. Kim Woong made the assessment during a meeting meant to check [...]
SEOUL, Feb. 5 (Korea Bizwire) — “APT.,” the smash hit single from BLACKPINK singer Rose, held its No. 3 position on Billboard’s Hot 100 for the second consecutive week. It remained in third place behind Travis Scott’s “4X4″ and Lady Gaga & Bruno Mars’ “Die With A Smile,” according to the latest chart unveiled Tuesday [...]
SEOUL, Feb. 5 (Korea Bizwire) — South Korea will spend 208.8 billion won (US$143.7 million) this year on global technology cooperation projects as part of efforts to bolster the country’s technological competitiveness, the industry ministry said Wednesday. The amount marks a 25.9 percent increase from the corresponding tally for last year, according to the Ministry [...]
SEOUL, Feb. 5 (Korea Bizwire) — Acting President Choi Sang-mok said Wednesday that DeepSeek has emerged as a “fresh shock,” forecasting that the latest artificial intelligence (AI) model from the Chinese startup could reshape the industrial landscape. “A Chinese company recently unveiled its AI model, DeepSeek R1, to deliver high performance at a low cost. [...]