SEOUL, June 2 (Korea Bizwire) – Baseball fans usually prefer seats by the infield as they offer closer views of the action, and the bleachers are often the last seats to be filled. However, the 1,500 bleacher seats at the Pohang Ballpark, an alternate home for the Samsung Lions, sold out before the infield seats [...]
SEOUL, June 2 (Korea Bizwire) — “Sin stocks” of tobacco, alcohol and gambling companies have gained this year on the back of deep-pocketed Chinese tourists and low interest rates, data showed Tuesday. Thirty-six sin stocks related to tobacco, alcohol, gambling rose an average of 23.9 percent as of June 1 compared to the beginning of [...]
SEOUL, June 2 (Korea Bizwire) – South Korea’s top family-controlled conglomerates, known here as chaebol, have recently announced plans to merge their key units, in what is widely seen as a play to simplify their governance structures and help pave the way for power transfers. Betting such moves will trigger a bull run for the [...]
“With the cooperation of Nokia and Ericsson, world-renowned communications equipment manufacturers, KT will lead the development of core technology for the 5G era. As a corporation of people, we will be well-prepared to offer the world’s first 5G mobile service at the Pyeongchang Winter Olympic Games in 2018.” - Hwang Chang-gyu, KT Chairman SEOUL, June [...]
SEOUL, June 1 (Korea Bizwire) – Forty guerrilla gardeners from the College of Life and Environmental Sciences at Konkuk University and eight elderly citizens planted flowers in a park at Ttukseom Recreation Area on May 31. Five university students from the department started guerrilla gardening in 2013, and the tradition has since spread, with all of the enrolled [...]
SEOUL, June 1 (Korea Bizwire) – Eden Nine Agency has finally revealed pictures of Won Bin and Lee Na-young‘s wedding. The two were married in a wheat field in Jeongsun, Gangwondo on May 30. Their unconventional wedding in Won Bin’s hometown drew attention, as the humble and secret outdoor ceremony stood in stark contrast with other [...]
SEOUL, June 1 (Korea Bizwire) – The Jeollabuk-do Provincial Government is set to develop a sound industry cluster where sound production, speech recognition and musicology research can have a solid ground. As the Korean music industry imports virtually all of its sound producing techniques and related software, even though K-Pop is growing popular worldwide, the provincial [...]
SEOUL, June 1 (Korea Bizwire) – The Police requested an arrest warrant on May 31 for a Sewol activist burning a Korean flag and damaging a police vehicle at a rally held in remembrance of the Sewol Ferry accident victims on April 18 at Gwanghwamun Plaza. The man in his twenties, known by the surname Kim, burned [...]
SEOUL, June 1 (Korea Bizwire) — Dubai’s growing popularity as a travel hot spot, in part driven by recently-aired episodes of the travel-reality show “Grandpas Over Flowers” filmed in the city, is quickly diminishing among Koreans due to the outbreak of the MERS virus. According to travel agencies in Dubai on May 31, the number of [...]
SEJONG, June 1 (Korea Bizwire) — South Korea’s exports dropped significantly in May from a year earlier though its trade surplus expanded as imports shrank at a faster rate, the government said Monday. In May, the country’s overall outbound shipments came to US$42.39 billion, down 10.9 percent from the same month last year. May marked [...]