SEOUL, Nov. 13 (Korea Bizwire) — A South Korean court has ordered Incheon’s Yeonsu District Office to refund taxes to POSCO Wide, ruling that the district wrongly included the value of a golf course’s business rights in its property tax calculation. The Incheon District Court’s Administrative Division 2 ruled in favor of POSCO Wide, which owns [...]
SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that South Korean doctors work more than 2,300 hours a year on average, prompting calls from the medical community for more accurate assessments of working conditions before the government determines future medical school quotas. At a conference hosted Wednesday by the Korean Medical Association’s Research [...]
CHEONGJU, Nov. 13 (Korea Bizwire) — A South Korean court has ruled that a restaurant owner is legally responsible for burns suffered by a customer after an employee accidentally spilled hot soup, affirming the principle of employer liability for workplace accidents. The Cheongju District Court ordered the restaurant owner, identified as B, to pay 36 million [...]
SEOUL, Nov. 13 (Korea Bizwire) — A coalition of South Korean scholars and cultural heritage groups on Wednesday condemned Seoul City’s plan to allow high-rise construction near Jongmyo Shrine, warning that the move could damage the integrity of the UNESCO World Heritage site. At a joint press conference held in central Seoul, 27 academic societies—including [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s Ministry of Science and ICT said Wednesday it will begin a public review of the enforcement decree for the nation’s landmark Artificial Intelligence Basic Act, set to take effect on January 22, 2026. The draft legislation, open for comment until December 22, outlines the country’s first comprehensive regulatory [...]
SEOUL, Nov. 13 (Korea Bizwire) — OpenAI held a seminar at Yonsei University on Wednesday to introduce its “Study Mode” and discuss responsible ways to use artificial intelligence in education, underscoring its growing engagement with South Korea’s academic community. The session, co-hosted with the Yonsei University Artificial Intelligence Society at the university’s College of Engineering, featured [...]
Launch strengthens Treasure Global’s fintech ecosystem through secure digital asset management and integration with ZCITY KUALA LUMPUR, Malaysia, Nov. 12, 2025 (Korea Bizwire) – Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced its investment to develop OXI Wallet, a next-generation fintech platform. Meticulously designed with a [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s leading convenience store chain CU has opened its first store in the United States, marking the brand’s official entry into the American market with the debut of its “CU Downtown” branch in Honolulu, Hawaii. BGF Retail, which operates CU, said Thursday that it launched the store on [...]
BUSAN, Nov. 12 (Korea Bizwire) — Nexon’s Mabinogi Mobile was named the best Korean game of the year, winning the Presidential Award at the 2025 Korea Game Awards held Tuesday in Busan. Developed by Nexon’s internal studio DevCAT, Mabinogi Mobile is a mobile and PC MMORPG released on March 27. The title reimagines Mabinogi, Nexon’s 2004 [...]
SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics is set to launch its first dual-folding smartphone, the Galaxy Z Trifold, next month, marking a new step in the evolution of foldable devices. According to industry sources, Samsung will hold an official launch event on December 5 to introduce the Trifold and begin domestic sales. The model, [...]