SEOUL, Sept. 26 (Korea Bizwire) — As Seoul prepares to host the 2025 World Fireworks Festival this Saturday along the Han River, demand for prime viewing spots has ignited a frenzy of resales, steep markups, and even makeshift rentals. Online marketplaces are filled with offers ranging from balcony access in Han River–view apartments — sometimes [...]
POHANG, Sept. 26 (Korea Bizwire) — Pohang University of Science and Technology (POSTECH) scientists have developed a device that generates electricity from ambient humidity with more than 100 times the efficiency of previous technologies, marking a potential leap forward in renewable energy. The research team, led by Professor Jeon Sang-min of POSTECH’s Department of Chemical [...]
SEOUL, Sept. 26 (Korea Bizwire) — Hyundai Motor Co. is celebrating the 40th anniversary of its Sonata sedan with a special exhibition in Seoul that retraces the model’s evolution from the company’s early years to its present status as a flagship vehicle. The exhibition, titled “By Your Side – Stella & Sonata,” opened Thursday at [...]
SEJONG, Sept. 26 (Korea Bizwire) —South Koreans earn the most at age 45 but begin running deficits by 61, as consumption outpaces income in later life, according to new government data that underscores the economic strains of an aging society. The National Statistics Office said Wednesday in its release of the 2023 National Transfer Accounts [...]
SEOUL, Sept. 26 (Korea Bizwire) — A rare video of a wild fox preying on a young water deer has underscored the ecological balance returning to South Korea’s national parks. The National Park Service released footage Thursday showing the hunt, filmed on June 16 in Sobaeksan National Park. The video also captured a mother deer [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea’s professional baseball league is set for sweeping financial changes after the Korea Baseball Organization (KBO) raised salary caps and relaxed penalties, a move expected to drive up player salaries and intensify free-agent bidding wars. The KBO board, made up of presidents from the league’s 10 clubs, voted [...]
GIMHAE, South Korea, Sept. 26 (Korea Bizwire) – A Guinean man stranded for nearly five months in a departure holding room at Busan’s Gimhae International Airport has filed a petition with the National Human Rights Commission, alleging mistreatment while awaiting a chance to apply for refugee status. The man, identified only as A, was [...]
SEOUL, Sept. 26 (Korea Bizwire) — As far-right groups staged another anti-China rally near Daerim Station in southwestern Seoul, students at a nearby middle school responded with a counter-message: “Stop hate, start respect.” Dozens of teenagers held placards reading “Schools should be free of hate” and “Together in diversity” as they marched through their neighborhood, [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea will launch a new international consortium this week aimed at advancing “physical artificial intelligence” — AI systems integrated into vehicles, robots and other physical platforms — as part of a push to secure leadership in the fast-emerging field. The Ministry of Science and ICT said Thursday that [...]
SEOUL, Sept. 26 (Korea Bizwire) — As South Korea braces for a record number of foreign visitors this year, unease is spreading among Taiwanese travelers over whether their reserved lodgings may be illegal under new rules targeting unregistered accommodations. The anxiety follows Airbnb’s announcement that, beginning October 16, it will block bookings for properties that have [...]