DAVOS & SEOUL, Jan. 22 (Korea Bizwire) — A majority of global CEOs are optimistic about economic growth in the year ahead, according to a new survey by PwC presented at the World Economic Forum in Davos, Switzerland. The survey, which polled 4,701 CEOs across 105 countries, found that 58% expect global economic expansion in [...]
SEJONG, Jan. 22 (Korea Bizwire) — More than three out of 10 pet owners in South Korea adopt their companion animals from acquaintances, making it the most common route of adopting pets, a government poll showed Wednesday. According to the poll conducted by the Ministry of Agriculture, Food and Rural Affairs, 35.5 percent of pet [...]
SEOUL, Jan. 22 (Korea Bizwire) — The total number of registered vehicles in South Korea surpassed 26 million units last year, with eco-friendly cars accounting for over 10 percent for the first time, driven by growth in hybrid vehicle sales, the government said Wednesday. According to the Ministry of Land, Infrastructure and Transport, the total [...]
SEOUL, Jan. 22 (Korea Bizwire) — Over 1.34 million South Koreans are expected to travel overseas during the upcoming Lunar New Year holiday, when many will likely take extra leave to further extend the period to up to 10 days, according to industry data Wednesday. According to the data from the Incheon International Airport Corp. [...]
SEOUL, Jan. 22 (Korea Bizwire) — The number of female independent directors at South Korea’s top 100 companies continued to grow in 2024, a report showed Wednesday. The number of female outside directors at the top 100 firms by sales came to 100 as of end-September, accounting for 24.2 percent of the total 454, according [...]
SEOUL, Jan. 22 (Korea Bizwire) — BLACKPINK’s Rose has maintained her position in the top five of the Billboard Hot 100 this week with “APT.,” her collaborative single with U.S. pop star Bruno Mars. According to the chart released Tuesday (U.S. time), the song holds steady at No. 5 for the third consecutive week. Released [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea will work to open a national artificial intelligence (AI) computing center by 2027 as part of efforts to strengthen its competitiveness in the fast-evolving technology, the science ministry said Wednesday. The government will create the AI center with a computing capacity of 1 exaflops through a joint [...]
SEOUL, Jan. 22 (Korea Bizwire) — A surge in Chinese exports is stoking tensions across the global industrial landscape, as countries worldwide grapple with an influx of low-priced Chinese goods that many say is disrupting their domestic markets. China’s customs authority reported that exports reached a record 25.5 trillion yuan in 2024, jumping more than 7% [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea was suffocated by thick ultrafine dust for the second day in a row on Wednesday, prompting authorities to regulate the operations of government-owned vehicles, coal power plants and other large-scale dust emission facilities. Due to the continued influx of fine dust from abroad, the density of ultrafine [...]
SEOUL, Jan. 22 (Korea Bizwire) — Acting President Choi Sang-mok said Wednesday that police officers will be stationed at courts, including the Constitutional Court, on a 24-hour basis to ensure security amid heightened tensions following the impeachment of President Yoon Suk Yeol. The announcement comes after supporters of the impeached president stormed the Seoul Western [...]