SEOUL, April 29 (Korea Bizwire) – With an increasing number of Koreans suffering from respiratory ailments due to yellow dust from China, a local team of scientists has developed an air-cleaning technology that uses water and static electricity instead of a filter. The Korea Institute of Machinery and Materials announced on April 28 that the Environmental [...]
SEOUL, April 29 (Korea Bizwire) –A majority of Koreans doubt that the prosecutors’ office will be able to thoroughly investigate the bribe scandal of a late businessman. The People’s Solidarity for Participatory Democracy surveyed 1,000 adults on April 25 and 26 on the so-called “Sung Wan-jong List” scandal. Among the respondents, 53.5 percent said that [...]
SEOUL, April 29 (Korea Bizwire) — LG Electronics, South Korea’s No. 2 tech giant, on Wednesday showcased its new flagship G4 smartphone that aims to take on the Galaxy S6 series and iPhone lineup amid increased competition in the high-end smartphone segment. The G4 comes with the same 5.5-inch in-plane switching (IPS) QHD display as that [...]
SEOUL, April 28 (Korea Bizwire) – North Korea has started to offer a remote test system for students who take college entrance exams, according to North Korea’s state-run weekly, Tongil Sinbo. The North Korean weekly quoted an official from the North Korean Committee for Education saying, “As a part of our education policy reforms, North Korea introduced [...]
SEOUL, April 28 (Korea Bizwire) – A four-year-old cow in Korea which gave birth to two calves in a 45-day term is attracting attention. The 39-month-old cow delivered a female calf on March 5. However, it gave birth to one more calf, a male, on April 19, after just 45 days. Both calves are healthy. [...]
SEOUL, April 28 (Korea Bizwire) – SPC Group, which operates various franchises including Paris Baguette, Baskin Robbins and Dunkin Donuts, launched a mobile reward ad service called Happy Screen for its Happy Point subscribers on April 27. With the service, the subscribers who install the Happy Screen smartphone app and watch ads will get points that [...]
SEOUL, April 28 (Korea Bizwire) — Former Olympic figure skating champion Kim Yu-na has donated US$100,000 for Nepal earthquake relief, officials said Tuesday. The Korean Committee for UNICEF, a U.N. organization providing aid to children in developing countries, said in a press release that Kim made the donation to help provide food and drinking water to children [...]
SEOUL, April 28 (Korea Bizwire) — A K-pop festival hosted by South Korea’s leading content and media company CJ E&M will expand to the east coast of the U.S. from the west coast this summer, the company said Tuesday. KCON launched in 2012 and has quickly developed to be North America’s largest annual Korean cultural festival that [...]
SEOUL, April 28 (Korea Bizwire) – South Korea’s investment in overseas stocks sharply almost has tripled over the past three years as investors sought higher returns in overseas markets, data showed Tuesday. The amount of South Koreans’ direct investment in foreign stocks came to US$2.89 billion in the January-March period, soaring from $93.05 million from [...]
SEOUL, April 28 (Korea Bizwire) – South Korea’s top central bank said Tuesday the country’s economic recovery is gaining momentum despite external risks but stressed that structural reform is necessary for long-term growth. Bank of Korea (BOK) data released last week showed that the country’s gross domestic product (GDP) grew 0.8 percent on-quarter in the first three [...]