SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s Supreme Court has upheld the acquittal of four former National Intelligence Service investigators accused of illegally recording private conversations during a domestic surveillance operation nearly a decade ago. The court affirmed a lower ruling last month that cleared the men of violating the country’s telecommunications privacy law, according [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Engineering & Construction Co. has secured the first U.S. large-scale nuclear power project contract awarded to a South Korean company, a move that could significantly expand its presence in the rapidly growing American nuclear market. The company said Sunday it recently signed a preliminary design agreement with Fermi America, [...]
SEOUL, Oct. 26 (Korea Bizwire) — Trading activity on South Korea’s main stock market has climbed to its highest level in more than four years, propelled by a powerful rebound in semiconductor shares and renewed retail and foreign investor interest. Average daily turnover on the Korea Composite Stock Price Index stood at 16.6 trillion won ($11.5 [...]
SEOUL, Oct. 26 (Korea Bizwire) – Foreigners’ ownership of shares listed on South Korea’s main bourse has topped 1,000 trillion won (US$694 billion) on the back of the robust performance of the market this year, data showed Sunday. The combined value of foreign holdings in the Korea Composite Stock Price Index (KOSPI) market came to [...]
SEOUL, Oct. 26 (Korea Bizwire) – A clear majority of South Koreans continue to view unification with North Korea as a national goal, even as doubts persist about the prospects for renewed diplomacy with Pyongyang, according to a government-commissioned survey released Sunday. Nearly 69 percent of respondents said unification remains either “very necessary” or “quite necessary,” [...]
GIMCHEON, Oct. 26 (Korea Bizwire) — Kimcheon’s annual celebration of its most famous street food has quickly turned into a crowd-control challenge. The 2025 Kimcheon Gimbap Festival opened Saturday in the southeastern city of roughly 134,500 residents, drawing an estimated 80,000 visitors on its first day alone, according to city officials. The two-day festival, now in [...]
SEOUL, Oct. 25 (Korea Bizwire) – South Korea this weekend begins a solemn experiment in shared remembrance. For the first time, the government and the families of those lost in the Itaewon disaster will stand together in public mourning, three years after a crowd crush in a narrow Halloween alley took 159 lives and scarred [...]
SEOUL, Oct. 25 (Korea Bizwire) – United States President Donald Trump has described North Korea as “sort of a nuclear power,” AFP reported Saturday, as he seeks to meet with North Korean leader Kim Jong-un during his ongoing trip to Asia. Trump made the remarks aboard Air Force One en route to Asia, AFP said, [...]
SEOUL, Oct. 25 (Korea Bizwire) — South Korea’s health insurance costs for advanced imaging are surging, as hospitals sharply increase MRI and CT scans after acquiring new equipment — a trend raising fresh concerns over unnecessary testing and long-term fiscal strain. According to data submitted to the National Assembly and released Thursday, hospitals that installed MRI [...]
KUALA LUMPUR, Malaysia, Oct. 24, 2025 (Korea Bizwire) – Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced that its Board of Directors has approved the grant of inducement equity awards to Boon Souw Fung and Tan Ee Wei (collectively, the “Grantees”), pursuant to Nasdaq Listing Rule [...]