Korea Bizwire, Author at Be Korea-savvy | Page 119 of 1083
UNESCO Voices “Deep Concern” Over Development Threatening Jongmyo Heritage Site

UNESCO Voices “Deep Concern” Over Development Threatening Jongmyo Heritage Site

PARIS, Nov. 27 (Korea Bizwire) — UNESCO Director-General Khaled El-Enany has voiced deep concern over Seoul’s high-rise development plan near Seoul’s Jongmyo Shrine when he met with Huh Min, director of the Korea Heritage Service (KHS), Huh said. “He brought up the issue and expressed deep concern over the plan,” Huh said Wednesday while briefing [...]

Court Acquits Security Guard in “Choco Pie Theft” Case After Nearly Two Years

Court Acquits Security Guard in “Choco Pie Theft” Case After Nearly Two Years

JEONJU, Nov. 27 (Korea Bizwire) — A South Korean appeals court on Thursday overturned the conviction of a security guard accused of stealing a 1,050-won snack — a case that drew widespread attention as a modern-day “Les Misérables” story and raised questions about prosecutorial discretion. The Jeonju District Court’s criminal appeals division acquitted the 41-year-old defendant, [...]

Antitrust Pressure Pushes Google to Roll Out YouTube Premium Lite in Korea

Antitrust Pressure Pushes Google to Roll Out YouTube Premium Lite in Korea

SEOUL, Nov. 27 (Korea Bizwire) — Google will roll out a lower-priced version of YouTube Premium in South Korea that excludes its music-streaming service, the country’s antitrust regulator said Thursday, following a months-long probe into whether the company’s subscription bundling violated fair-trade rules. The launch is part of a corrective plan Google submitted under a consent-decision [...]

Government Cash Programs Drive Strongest Household Income Growth in Two Years

Government Cash Programs Drive Strongest Household Income Growth in Two Years

SEOUL, Nov. 27 (Korea Bizwire) — South Korea’s average household income rose for the ninth consecutive quarter in the third quarter of this year, partly driven by a sharp increase in transfer income, government data showed Thursday. The average monthly income of households came to 5.44 million won (US$3,699) in the July-September period, up 3.5 [...]

Naver Deepens Blockchain Bet With Dunamu Acquisition, $6.8 Billion Investment Plan

Naver Deepens Blockchain Bet With Dunamu Acquisition, $6.8 Billion Investment Plan

SEOUL, Nov. 27 (Korea Bizwire) — South Korean tech heavyweight Naver Corp. and Dunamu Inc., operator of the country’s largest cryptocurrency exchange Upbit, said Thursday they plan to invest 10 trillion won (US$6.8 billion) over the next five years to build an integrated ecosystem for artificial intelligence and Web3 technologies, aiming to position themselves as global [...]

South Jeolla Emerges as Korea’s New Energy and Space Hub After String of Major Wins

South Jeolla Emerges as Korea’s New Energy and Space Hub After String of Major Wins

MUAN, Nov. 27 (Korea Bizwire) — South Jeolla Province is celebrating a wave of high-profile successes — from attracting global data centers and fusion research facilities to the successful launch of the Nuri rocket — cementing its ambitions to become South Korea’s “energy capital.” Early Thursday morning, the country’s first privately built Nuri (KSLV-II) rocket lifted [...]

Youth Face Longer Job Searches, With Regional Gap Widening, Study Finds

Youth Face Longer Job Searches, With Regional Gap Widening, Study Finds

SEOUL, Nov. 27 (Korea Bizwire) — South Korean young adults are taking significantly longer to land their first full-time job, with those living outside the Seoul metropolitan area facing a growing disadvantage, according to new government research released Thursday. A study by the Korea Employment Information Service (KEIS) found that the average job-search period for young [...]

As Job Security Fades, More Middle-Aged Turn to Professional Certifications

As Job Security Fades, More Middle-Aged Turn to Professional Certifications

SEOUL, Nov. 27 (Korea Bizwire) — What once felt like the plot of a workplace drama is increasingly echoing real life for many middle-aged South Koreans. In the popular series The Dream Life of Mr.Kim  (the story of manager Kim working at a large company in Seoul), a seemingly secure executive finds himself abruptly sidelined and [...]

Seoul Study Links Fine Dust to Hundreds of Preventable Heart Disease Deaths

Seoul Study Links Fine Dust to Hundreds of Preventable Heart Disease Deaths

SEOUL, Nov. 27 (Korea Bizwire) — Amid persistent air pollution across South Korea, a new study has found that prolonged exposure to fine particulate matter (PM2.5) in Seoul significantly increases deaths from ischemic heart disease — including heart attacks — particularly among older adults. According to research released Thursday by Seoul National University Hospital’s public health [...]

Datavault AI Signs Agreement with the World Boxing Council, Unlocks Global Event-Driven Monetization at Scale

Datavault AI Signs Agreement with the World Boxing Council, Unlocks Global Event-Driven Monetization at Scale

Company’s recurring licensing deal further monetizes Datavault’s patented ADIO® and Data Vault® with WBC sports and entertainment content Collaboration creates scalable, multi-event revenue pathways fueled by authenticated engagement WBC events are distributed across more than 170 countries PHILADELPHIA , Nov. 26, 2025 (Korea Bizwire) – via IBN – Datavault AI Inc. (Nasdaq: DVLT) (“Datavault” or “the Company”), a leader in [...]