A Seoul court rules that stress from complaints and investigation did not amount to an occupational injury. SEOUL, Oct. 10 (Korea Bizwire) — A Seoul court has denied a claim that the suicide of a postal worker, who had faced public complaints and disciplinary action over a mail delivery mistake, constituted a work-related death. According to [...]
SEOUL, Oct. 10 (Korea Bizwire) — While much of the world races to unlock the economic and therapeutic potential of medical cannabis, South Korea remains mired in outdated regulations that treat even non-psychoactive compounds as narcotics. Lawmakers and experts warn that this rigid stance is stifling domestic innovation, draining public healthcare funds, and pushing patients [...]
SEOUL, Oct. 10 (Korea Bizwire) – Sales of imported vehicles in South Korea rose more than 30 percent in September from a year ago, driven by strong demand for Tesla and steady sales of hybrid and electric vehicles (EVs), industry data showed Friday. According to the Korea Automobile Importers & Distributors Association (KAIDA), the number [...]
SEOUL, Oct. 10 (Korea Bizwire) – SK Group said Friday it will hold two large-scale artificial intelligence (AI) events starting this month in a bid to lead global discussions on future growth engines in the AI-driven era. The conglomerate will host the Future Tech Forum on Oct. 28 as part of the upcoming Asia-Pacific Economic [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hyundai Motor Co. said Friday its autonomous hydrogen-powered truck, developed in partnership with the U.S.-based autonomous driving firm PlusAI, has been named by Time magazine as one of the best inventions of 2025. Hyundai’s Xcient Fuel Cell Class 8 heavy-duty truck, integrated with PlusAI’s Level 4 autonomous driving system, [...]
SEOUL, Oct. 10 (Korea Bizwire) – Celltrion Inc., a leading South Korean biopharmaceutical company, said Friday its biosimilar for eye diseases has received approval for sale in the United States. The U.S. Food and Drug Administration (FDA) has approved Eydenzelt, Celltrion’s biosimilar referencing Eylea, for the treatment of wet age-related macular degeneration and other ophthalmic [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hanwha Aerospace Co., a leading South Korean defense firm, has awarded a US$71 million contract to Electro Optic Systems (EOS) Ltd. of Australia to supply remote weapons system (RWS) units for Canberra’s next generation infantry fighting vehicle (IFV) program. Under the agreement with Hanwha Defence Australia, a subsidiary of [...]
SEOUL, Oct. 10 (Korea Bizwire) — South Korea’s franchise industry is showing widening fault lines between franchisors and franchisees, as corporate headquarters enjoy rising revenue while their outlets grapple with falling earnings. Data released Friday by corporate tracker Leaders Index revealed that across seven key sectors — coffee and beverages, fried chicken, pizza, convenience stores, bakeries, [...]
SAN FRANCISCO and WATERLOO, Ontario and MONTREAL and LEIPZIG, Germany, Oct. 09, 2025 (Korea Bizwire) – TIME has announced today that Silicon Valley-based Neurotechnology Powerhouse NeuroVigil’s iBrain™ had been selected by its editors as one of The Best Inventions of 2025. The new ultra-small device, the size of two quarters, has twice the battery life of the [...]
SEOUL, Oct. 10 (Korea Bizwire) — The number of car accident cases in South Korea claiming sudden unintended acceleration has dropped sharply this year, signaling a shift in public perception toward recognizing driver error as the more likely cause. According to data obtained by Rep. Jung Choon-saeng of the Rebuilding Korea Party from the National Forensic [...]