SEOUL, Feb. 26 (Korea Bizwire) - Shareholders of CJ Hellovision Co., South Korea’s top operator of cable channels and Internet TV content, approved a proposed merger with the country’s No. 1 mobile carrier on Friday amid controversy about its legality. Around 97 percent of the shareholders attended the shareholder meeting voted for the merger proposal, which [...]
SEOUL, Feb. 26 (Korea Bizwire) – U.S. hedge fund Elliott Associates denied allegations Friday over a possible breach of local disclosure rules regarding Samsung C&T Corp., stressing a series of processes for its Samsung stake purchase were “perfectly legal.” Elliott made the claim ahead of a prosecution probe on suspicions that it illegally “parked” its [...]
SEOUL, Feb. 26 (Korea Bizwire) – South Korean actor Jang Hyuk has signed on for his first Chinese drama in six years, his agency said Friday. Jang will play a soldier-turned-conglomerate chairman in “Mei Feng Mei,” sidusHQ said. Jang’s last TV role in China was for “Fall in Love with Anchor Beauty,” which is the [...]
SEOUL, Feb. 26 (Korea Bizwire) – Choi Jung-in, a 33 year-old clinical psychologist, lived with two kittens in a studio in Seoul before the trio moved in with her parents in December. She fondly remembers her first cat, Mango, which she brought in last year, for helping her ease the feelings of loneliness when she [...]
SEOUL, Feb.25 (Korea Bizwire) – A filibuster launched by the opposition Minjoo Party of Korea opposing the enactment of an antiterrorism law has brought Rep. Eun Soo-mi into the limelight. The Seoul National University graduate set a new Korean record for the longest filibuster, and galvanized the support of many observers, which lead to numerous [...]
SEOUL, Feb.25 (Korea Bizwire) – The Seoul Metropolitan Government plans to neuter more than 10,000 stray cats in cooperation with Catmoms (a recently coined term for stray cat caregivers), animal protection groups, and veterinarians. Officials announced that the city would spend 750 million won to neuter stray cats through a public-private partnership. Firstly, 8,000 cats [...]
SEOUL, Feb.25 (Korea Bizwire) – Collaboration between businesses that don’t seem to have much in common could be the key to boosting sales and renewing brand image. Previously, popular designers collaborated with fashion and cosmetics brands, and animated character businesses collaborated with stationary and toy companies. Recently, however, collaboration between brands that seem to [...]
SEOUL, Feb. 25 (Korea Bizwire) – South Korea and France will hold a variety of events this year to boost mutual exchange and cooperation between venture startups in their countries, marking the 130th anniversary of their diplomatic establishment. The French Embassy in Seoul said Thursday that a French support center for startup companies called “French [...]
SEOUL, Feb. 25 (Korea Bizwire) - Major foreign brands selling cars in South Korea have decided not to offer any refunds to their customers despite the government’s recent tax cut, claiming that it has already been reflected in their ramped-up sales promotions, company officials said Thursday. The government ended a 1.5-percentage-point excise tax cut at the [...]
SEOUL, Feb.25 (Korea Bizwire) – A traditional fire ceremony that has been held over the years on Jeju Island now continues as a festival. Fire ceremonies have long been held in Korea during the winter. Various types of ceremonies using fire exist across the nation. As part of wishes for a prosperous new year and [...]