ULSAN, South Korea, June 12 (Korea Bizwire) – Hyundai Motor’s labor union is demanding compensation of 20 million won (approximately $14,500) per worker in this year’s wage and collective bargaining talks, citing the Supreme Court’s 2024 ruling on the inclusion of regular bonuses in base pay calculations. Although the court limited retroactive application of the decision [...]
SEOUL, June 12 (Korea Bizwire) — The South Korean government has released a comprehensive white paper chronicling its response to the COVID-19 pandemic, detailing a 1,564-day journey from the nation’s first confirmed case to the official downgrade of the health crisis. Titled “2020–2024 COVID-19 White Paper,” the document was published by the Ministry of Health [...]
SEOUL, June 11 (Korea Bizwire) — Hyundai Mobis announced Wednesday it has developed a new rear safety control system that allows vehicles to autonomously accelerate to maintain a safe distance when being tailgated — a technological first aimed at enhancing driver protection on highways. The feature, which integrates rear-side radar sensors with front-facing cameras and driving [...]
CHEONGJU, June 11 (Korea Bizwire) — Amid rising temperatures and shifting weather patterns driven by climate change, South Korea’s disease control agency has unveiled a comprehensive five-year plan to strengthen the nation’s defenses against vector-borne diseases such as Japanese encephalitis, malaria, and tick-borne infections. At a briefing held Wednesday at its Osong headquarters, the Korea [...]
BEIJING, June 11, 2025 (Korea Bizwire) – Following the conclusion of the first meeting of the China-U.S. economic and trade consultation mechanism in London, CGTN published an article summarizing the key outcomes and progress achieved. The article underscores China’s commitment to dialogue based on equality and mutual benefit, emphasizes the importance of cooperation over confrontation, and [...]
Highly regulated finance companies can be assured of secure, scalable, and compliant data integration for strategic data needs PALO ALTO, Calif., June 11, 2025 (Korea Bizwire) – Denodo, a leader in data management, announced that it has achieved the Snowflake Financial Services Competency, recognizing its ability to help financial services organizations meet their unique data management, regulatory, [...]
OXFORD, United Kingdom, June 11, 2025 (Korea Bizwire) – Unipart, the supply chain performance improvement partner, has secured a three-year contract with Scania for its aftermarket logistics in China, managed from a newly launched site in Kunshan. The new operation will deliver a comprehensive scope of aftermarket logistics services. This site is poised for significant [...]
CAMBRIDGE, Ontario, June 11, 2025 (Korea Bizwire) – Eclipse Automation, part of Accenture, recently signed multiple contracts related to the design, manufacture and supply of Automated Tooling and Equipment in support of the upcoming CANDU® nuclear reactor refurbishment projects at Cernavoda, Romania and Qinshan, China. The contracts have a diverse scope that includes the design, manufacture [...]
SEOUL, June 11 (Korea Bizwire) — President Lee Jae-myung on Wednesday unveiled a sweeping vision to revitalize South Korea’s capital markets by promoting dividend-friendly policies, cracking down on unfair trading practices, and positioning equities as a viable alternative to real estate for household investment. Speaking at a roundtable held at the Korea Exchange’s Market Surveillance Committee [...]
SEOUL, June 11 (Korea Bizwire) — The nation’s largest tech business exhibition, Smart Tech Korea 2025, opened Tuesday at COEX in Seoul, bringing together cutting-edge innovations from around the globe under the themes of “Bold Technological Innovation” and “Shaping the Future.” The event runs through June 13. Now in its 14th year, the expo features [...]