SEOUL, Dec. 5 (Korea Bizwire) — South Korea’s household wealth gap widened last year, driven largely by sharp gains in real estate values, according to a nationwide financial welfare survey released on Thursday by the Bank of Korea, the National Data Policy Office, and the Financial Supervisory Service. As of March 2025, the average household’s net [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korean e-commerce giant Coupang is facing intensifying scrutiny after a major data leak revealed that significant portions of its Korean-language service were built and maintained by foreign developers, including sizable teams based in China. The primary suspect in the breach is a former Chinese employee who worked on the [...]
POHANG, Dec. 5 (Korea Bizwire) — The successful fourth launch of South Korea’s homegrown Nuri rocket has had an unexpected beneficiary: Pohang University of Science and Technology (Postech). According to the university on Thursday, the surge in attention began after Park Jong-chan, 53, head of the Korea Aerospace Research Institute’s Nuri rocket advancement program, appeared at [...]
SEOUL, Dec. 5 (Korea Bizwire) — More than half of South Koreans watch news on YouTube every day, and a growing share now views content produced by non-traditional creators — individuals and small businesses — as legitimate news media, according to new research presented at a national policy forum on Thursday. The survey, conducted in August [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korea will soon allow health authorities to obtain real-time information on medical staffing at hospitals and clinics during national emergencies, under a revised law passed by the National Assembly this week. The amendment to the Health and Medical Workforce Support Act, approved on December 2 and set to take [...]
WASHINGTON, Dec. 04, 2025 (Korea Bizwire) – The Sabin Vaccine Institute (Sabin) has sent more than 640 doses of its investigational cAd3-Marburg Vaccine to Ethiopia to support the country’s response to its first-ever outbreak of Marburg virus disease. Marburg is a highly contagious hemorrhagic fever disease and can have a high case fatality rate of [...]
Embedded AI layer and centralized “control center” aims to help customers apply AI agents to see and prevent risks across operations TORONTO, Dec. 04, 2025 (Korea Bizwire) – Cority, the global leader in EHS+ software, today unveiled Cortex AI, a groundbreaking suite of intelligent agents and a centralized AI Control Center that redefines how organizations deploy and [...]
The travel technology veteran brings two decades of airline industry expertise and deep Offer & Order knowledge to lead customer acquisition and the management of strategic accounts SAN FRANCISCO, Dec. 04, 2025 (Korea Bizwire) – FLYR, the technology company that unlocks freedom to innovate for the travel industry, today announced the appointment of Andy Kidd [...]
*Revolutionary Project Signals a New Era for Geothermal Energy* CALGARY, Alberta, Dec. 04, 2025 (Korea Bizwire) – Calgary-based Eavor Technologies has positioned itself as a global leader in scalable geothermal with the first commercial project of its kind in the world. Eavor has officially begun delivering power to the German grid from its facility at [...]
New bi-directional flow fuels personalized customer journeys and AI-ready agent intelligence in the contact center San Diego, Dec. 04, 2025 (Korea Bizwire) – Tealium today announced its new integration capability with Amazon Connect, allowing global brands to power AI-driven, personalized customer experiences in the contact center using trusted, real-time data from Tealium. The integration brings together Tealium’s real-time data [...]