SEOUL, Oct. 7 (Korea Bizwire) — The value of U.S. dollar–pegged stablecoins held by South Korea’s major cryptocurrency exchanges has more than doubled over the past year, underscoring the rapid expansion of digital asset trading — and prompting renewed concerns over unmonitored capital flows. According to data submitted by the Financial Supervisory Service to Rep. [...]
SEOUL, Oct. 7 (Korea Bizwire) – Korean Air Co., South Korea’s largest flag carrier, has signed a research cooperation agreement with Swedish flight-tracking company Wingbits to support airspace integration research for advanced air mobility (AAM), a release from the Stockholm-based company showed Tuesday. Under the agreement signed last month, Korean Air’s research and development (R&D) [...]
SEOUL, Oct. 7 (Korea Bizwire) — In movie theaters across North America, audiences recently sang in unison — in Korean. The occasion was a sing-along screening of K-Pop Demon Hunters, the Netflix animated hit whose theme song “Golden” has become an anthem for fans of K-culture. For many, the moment marked how far the Korean [...]
SEOUL, Oct. 7 (Korea Bizwire) – The government has raised businesses’ mandatory hiring rate for people with disabilities to up to 4 percent to help expand their job opportunities. Under new measures announced by the labor ministry on Oct. 1, private sector businesses will be required to fill 3.5 percent of their workforce with people [...]
SEOUL, Oct. 7 (Korea Bizwire) — Naver has rolled out artificial intelligence–powered summaries to its location search service, extending the use of its AI briefing tool beyond news and finance into daily life navigation. According to the tech giant on Tuesday, the new “Place AI Briefing” provides concise overviews of businesses and venues, compiling key details [...]
SINGAPORE, Oct. 06, 2025 (Korea Bizwire) – The Institute of Public Relations of Singapore (IPRS) and Notified, the leading investor relations and public relations technology provider, will host a panel discussion on artificial intelligence’s impact on the PR industry. PR professionals face overwhelming data volumes while creating authentic, targeted messaging these days. This panel aims [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s non-life insurers are escalating a fierce competition to secure “exclusive usage rights,” which grant temporary monopolies over newly developed insurance products, as the industry pushes for innovation amid slowing growth in traditional sectors such as auto coverage. According to the General Insurance Association of Korea, domestic insurers [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s middle-aged population — once considered the backbone of the nation — is increasingly dying alone, as government attention and welfare programs remain focused on the young and elderly. According to data from the National Data Office and the National Assembly Research Service, 74.8 percent of the 21,897 [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s petrochemical sector, battered by an oversupply wave from China and the Middle East, remains deadlocked over restructuring plans despite government pressure and mounting financial strain. More than a month after companies agreed to draw up detailed restructuring blueprints by year’s end, no tangible progress has been made. [...]
ROCHESTER, N.Y., Oct. 06, 2025 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Tuesday, [...]