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Prosecutors Seek Arrest Warrant for Ex-Gov. An Over Sexual Violence

SEOUL, March 23 (Korea Bizwire) – Prosecutors on Friday sought a court warrant to arrest former South Chungcheong Gov. An Hee-jung for sex offenses. The Seoul Western District Prosecutors’ Office said it requested the warrant on charges of sexual intercourse and sexual harassment by abuse of occupational authority, citing the risk of him destroying evidence as he has denied the charges. If convicted, he could face up to five [...]

Dodgers’ Ryu Hyun-jin Picks Up 2nd Preseason Win in Best Spring Start

SEOUL, March 23 (Korea Bizwire) – The Los Angeles Dodgers’ Ryu Hyun-jin has earned his second preseason victory in his best outing of spring training so far. The South Korean left-hander held the Los Angeles Angels to a run on five hits in five innings at Camelback Ranch in Glendale, Arizona, on Thursday (local time), as the Dodgers prevailed 4-3. He struck out [...]

Union Refuses to Meet Doublestar Chief Over M&A Plan

SEOUL, March 23 (Korea Bizwire) – Kumho Tire Co.’s union on Friday refused to meet with the chief of Qingdao Doublestar Co. over the Chinese firm’s plan to acquire the Korean tiremaker, raising the possibility of the company being placed under court receivership, the company said. Kumho Tire’s creditors are planning to sell the loss-making [...]

2018 Declared ‘A Year of Books’ by Culture Ministry

SEOUL, Mar. 23 (Korea Bizwire) — The Ministry of Culture has declared this year a Year of Books for the first time in 25 years, in the hopes of boosting the publishing industry and encouraging reading among South Koreans. As part of the scheme, bookstores and libraries across the country will introduce reading programs both online [...]

Largest Resort Complex in Korea Opens in Jeju

JEJU, Mar. 23 (Korea Bizwire) — South Korea’s largest integrated resort, Jeju Shinhwa World, officially opened on Thursday, a project expected to bring tens of thousands of new jobs to the island. Ranging from a theme park, a convention center and a casino to a hotel and condominiums, the resort complex is packed with entertainment and [...]

K-Pop Entertainment Agencies Bulking Up Amid Fierce Competition

SEOUL, March 16 (Korea Bizwire) — After reaching a breaking point in the music industry, major South Korean entertainment companies are now bulking up to gain a competitive edge in securing cultural content. At the forefront of this shift are SM Entertainment and YG Entertainment, two of the largest entertainment agencies in South Korea boasting the [...]

Football Coach Park Hang-seo Immortalized in New Book

HANOI, Mar. 16 (Korea Bizwire) — In Vietnam, pre-orders are soaring for a book detailing the remarkable story of the Vietnamese national football team and its South Korean coach, Park Hang-seo. More than 6,000 pre-orders have been placed for the book titled ‘Typhoon Fire U23 – Cangzhou’s White Snow’, which centers around the groundbreaking performance of [...]

Over 70,000 Foreigners Experienced Temple Stay Programs Last Year

SEOUL, March 16 (Korea Bizwire) – The number of foreigners who experienced Buddhist temple stay programs in South Korea increased by more than a quarter in 2017 from a year ago, Buddhist officials said Friday. A total of 70,910 foreigners participated in temple stay programs last year run by the Jogye Order, South Korea’s largest Buddhist group. The figure represents a 27-percent increase from [...]

Kakao Names New Co-CEOs

SEOUL, March 16 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s top mobile messenger, KakaoTalk, on Friday named Yeo Min-soo and Joh Su-yong as its new co-CEOs. Kakao’s former CEO, Rim Ji-hoon will now act as the company’s advisor for future strategy, the company said in a press release. The decision was made at a board of directors’ [...]

S. Korean Chung Hyeon Suffers Hard-Fought Loss to Federer in ATP Tour Quarterfinals

SEOUL, March 16 (Korea Bizwire) – South Korean tennis player Chung Hyeon has suffered a hard-fought loss to world No. 1 Roger Federer in their latest meeting. Federer defeated the 26th-ranked Chung in straight sets 7-5, 6-1 in the quarterfinals of the BNP Paribas Open at Indian Wells Tennis Garden in Indian Indian Wells, California, on Thursday (local time). Chung gave Federer all he could handle in the opening set before running out of steam in the second [...]