CGTN published an article on Chinese President Xi Jinping’s proposal of the Global Governance Initiative at the “SCO Plus” Meeting. As the fourth major global initiative proposed by China, the article highlights the importance of the initiative and how it will guide the SCO in maintaining the post-World War II international order and enhancing the [...]
KUALA LUMPUR, Malaysia, Sept. 01, 2025 (Korea Bizwire) – The Second International Summit of Religious Leaders, themed “The Role of Religious Leaders in Resolving Conflicts”, brought together 400 global religious leaders and concluded on August 28, 2025, in Kuala Lumpur, organized by the Prime Minister’s Office of Malaysia and the Muslim World League (MWL). Participants [...]
SEOUL, Sept. 2 (Korea Bizwire) — Kyochon Chicken, one of South Korea’s largest fried chicken chains, has begun allowing franchise owners to set their own menu prices on delivery apps, joining a move pioneered earlier this year by rival bhc. The shift, described as a “self-determined pricing system,” reflects mounting tensions between franchise headquarters and [...]
SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s battery makers, long buoyed by global demand for electric vehicles, are bracing for a sharp downturn after the United States abruptly ended tax credits for EV purchases, a move analysts warn could choke demand for Korean cells. In a report released Sunday, the Korea Institute for Industrial [...]
SEOUL, Sept. 2 (Korea Bizwire) — Orion’s flagship K-snack, Turtle Chips, has secured shelf space in all 1,200 Carrefour stores across France, marking the first time a single Korean snack brand has been simultaneously stocked in every outlet of the French retail giant. The breakthrough comes after Carrefour’s buyers gave the four-layered snack high marks for [...]
SEOUL, Sept. 2 (Korea Bizwire) — Worker productivity at South Korea’s five largest commercial banks jumped nearly 27 percent in the first half of 2025, topping 200 million won ($147,000) per employee for the first time, according to regulatory filings. The gains narrowed a long-standing gap with internet-only banks, whose per-capita profit, while still higher [...]
SEOUL, Sept. 2 (Korea Bizwire) – Advances in personalized medicine are helping transform the outlook for children diagnosed with acute lymphoblastic leukemia (ALL), the most common form of childhood blood cancer. A study by researchers at Asan Medical Center in Seoul found that adjusting chemotherapy intensity according to the level of minimal residual disease (MRD) [...]
BUSAN, Sept. 2 (Korea Bizwire) — South Korea’s state-run Korea Ocean Business Corporation (KOBC) said Monday it will roll out a pilot program this year that allows ordinary citizens to become shipowners through fractional investment. The initiative, to be conducted under existing securities and asset securitization laws, will issue profit-linked securities backed by vessels already [...]
SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Department Store said Monday it will stage a special “The Hyundai Global Stage” at the upcoming Tokyo Girls Collection (TGC), marking the first time the Japanese fashion showcase will dedicate a runway to Korean brands. The event, set for Sept. 6 at Saitama Super Arena near Tokyo, is Japan’s [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korea will expand a pilot program this month aimed at improving the irregular work schedules of nurses, the Ministry of Health and Welfare announced Sunday. Beginning Sept. 1, 94 hospitals and clinics selected through a government review will join the second phase of the initiative, which was first [...]