Korea Bizwire, Author at Be Korea-savvy
Long-Term Foreign Population in South Korea Surpasses 1.6 Million, Data Show

Long-Term Foreign Population in South Korea Surpasses 1.6 Million, Data Show

SEOUL, Dec. 27 (Korea Bizwire) — The number of foreigners staying in South Korea for 90 days or longer for work or study has exceeded 1.6 million as of November, with about half of them living in the greater Seoul area, data showed Saturday. The figure, which came in at 1.1 million in 2021 and [...]

VCI Global Unveils 2026 “Sovereign RWA Ecosystem” Roadmap: Proprietary Exchange to Anchor Multi-Sector Asset Tokenization

VCI Global Unveils 2026 “Sovereign RWA Ecosystem” Roadmap: Proprietary Exchange to Anchor Multi-Sector Asset Tokenization

Planned RWA Exchange Aims to Enhance Transparency, Liquidity, and Access Across Precious Metals, ESG, Real Estate, and Infrastructure Assets KUALA LUMPUR, Malaysia, Dec. 26, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced its 2026 strategic roadmap centered on the planned launch of a proprietary Real-World Asset (RWA) [...]

Bitget Introduces Major App Upgrade, Unifying Crypto, Stocks, Onchain, and TradFi Markets in a Unified Interface for 120 Million Users

Bitget Introduces Major App Upgrade, Unifying Crypto, Stocks, Onchain, and TradFi Markets in a Unified Interface for 120 Million Users

VICTORIA, Seychelles, Dec. 26, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), has rolled out a comprehensive visual and functional upgrade to its mobile app for its 120 million users, further advancing its multi-asset trading experience. The update delivers a universal interface that enables users to access cryptocurrencies, tokenized stocks, onchain assets, and traditional [...]

Bitget Closes November with $10B+ Stock Futures Volume and 34K BTC Reserves as UEX Momentum Accelerates

Bitget Closes November with $10B+ Stock Futures Volume and 34K BTC Reserves as UEX Momentum Accelerates

VICTORIA, Seychelles, Dec. 26, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), has released its November 2025 Transparency Report, highlighting sustained growth across derivatives, onchain infrastructure, payments, and community initiatives as the platform continues to evolve into a fully integrated financial ecosystem. One of the month’s standout milestones was the rapid scaling of [...]

Frigid Air Mass Grips South Korea, With Mountain Wind Chills Plunging Below Minus 35

Frigid Air Mass Grips South Korea, With Mountain Wind Chills Plunging Below Minus 35

SEOUL, Dec. 26 (Korea Bizwire) — A deep cold settled over South Korea on Friday, pushing temperatures in Seoul down to minus 11 degrees Celsius as a post-Christmas cold wave tightened its grip on the country, the national weather agency said. By early morning, temperatures had fallen to minus 10.5 degrees in the western port [...]

Nexon–Ironmace Copyright Dispute Over ‘Dark and Darker’ Heads to Supreme Court

Nexon–Ironmace Copyright Dispute Over ‘Dark and Darker’ Heads to Supreme Court

SEOUL, Dec. 26 (Korea Bizwire) — Nexon and the startup Ironmace are headed to South Korea’s Supreme Court in a long-running legal battle over the online game Dark and Darker, after both sides signaled they would appeal a recent appellate ruling. According to the gaming industry on Friday, Nexon has filed an appeal against Ironmace, [...]

Solo Time, Sports and Travel Drive Rise in Leisure Satisfaction in South Korea

Solo Time, Sports and Travel Drive Rise in Leisure Satisfaction in South Korea

SEOUL, Dec. 26 (Korea Bizwire) — South Koreans are reporting their highest levels of satisfaction with leisure life in nearly a decade, reflecting a shift toward more meaningful and self-directed use of free time, according to a government survey released on Friday. The Ministry of Culture, Sports and Tourism and the Korea Culture & Tourism [...]

Coupang Rejects Rights Panel Call to Expand Hiring of Foreign Delivery Workers

Coupang Rejects Rights Panel Call to Expand Hiring of Foreign Delivery Workers

SEOUL, Dec. 26 (Korea Bizwire) — South Korea’s National Human Rights Commission said on Friday that Coupang, the country’s largest e-commerce platform, has refused to comply with its recommendation to broaden the hiring of foreign delivery workers, adding to scrutiny already facing the company over a recent personal data leak. The commission said it decided [...]

National Pension Fund Resumes FX Hedging as Authorities Move to Shore Up the Won

National Pension Fund Resumes FX Hedging as Authorities Move to Shore Up the Won

SEOUL, Dec. 26 (Korea Bizwire) — The national pension fund has resumed strategic foreign exchange hedging operations as authorities stepped up efforts to stabilize the local currency, sources said Friday. The National Pension Service (NPS) restarted the program after extending both its currency swap agreement and the temporary strategic hedging scheme for another year, which [...]

Fewer North Korean Arrivals Prompt Seoul to Consolidate Hanawon Facilities

Fewer North Korean Arrivals Prompt Seoul to Consolidate Hanawon Facilities

SEOUL, Dec. 26 (Korea Bizwire) — The unification ministry said Friday it plans to integrate the main center and branch of Hanawon, the state facility for supporting North Korean defectors’ resettlement, next year amid a sharp decline in the number of such people coming to South Korea in recent years. Currently, the headquarters of Hanawon [...]