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Hanwha Group Emerges as 2025’s Biggest Gainer in Corporate Value Among Korea’s Top Conglomerates

Hanwha Group Emerges as 2025’s Biggest Gainer in Corporate Value Among Korea’s Top Conglomerates

SEOUL, Aug. 5 (Korea Bizwire) — Hanwha Group has recorded the largest increase in corporate value among South Korea’s top 10 business groups this year, buoyed by surging stock prices in its defense and shipbuilding affiliates and optimism over its role in U.S.-Korea trade negotiations. According to data compiled from the securities industry and Hanwha Group, [...]

AI to Score Student Essays in Seoul’s Schools Under New Education Initiative

AI to Score Student Essays in Seoul’s Schools Under New Education Initiative

SEOUL, August 5 (Korea Bizwire) — The Seoul Metropolitan Office of Education announced plans on Sunday to develop an artificial intelligence (AI) system that can grade students’ essay and short-answer responses and provide personalized feedback, marking a significant shift in how academic assessments are conducted in the South Korean capital. The AI-based evaluation platform will [...]

After Landmark Ruling, South Koreans Mobilize Legal Action Over Martial Law Attempt

After Landmark Ruling, South Koreans Mobilize Legal Action Over Martial Law Attempt

SEOUL, August 5 (Korea Bizwire) — A wave of civil lawsuits has emerged in South Korea following the country’s first court ruling last month recognizing psychological damages linked to the controversial “December 3 Martial Law” plan, a move that has reignited public scrutiny over the failed emergency military order. According to legal sources, two separate [...]

Climate Change Threatens South Korea’s Iconic Alpine Cabbage Fields

Climate Change Threatens South Korea’s Iconic Alpine Cabbage Fields

Highland growers in Gangwon face mounting losses as warming temperatures and extreme weather push summer cabbage to the brink GANGNEUNG, August 5 (Korea Bizwire) — Once known for its cool summer breezes and starlit skies, the alpine cabbage fields of Anbandegi in Gangwon Province—South Korea’s largest high-altitude farming zone—are now at the frontline of climate [...]

More Than 18,000 Elderly South Koreans Died by Suicide Over Past Five Years

More Than 18,000 Elderly South Koreans Died by Suicide Over Past Five Years

Experts call for targeted, integrated mental health strategies as older adults face higher suicide risk and lower access to care SEOUL,August 5 (Korea Bizwire)  — More than 18,000 South Koreans aged 65 and older died by suicide over the past five years, averaging more than 10 deaths per day, according to new findings that highlight [...]

Young Workers Shrink in Number as South Korea’s Top Firms Skew Older

Young Workers Shrink in Number as South Korea’s Top Firms Skew Older

  SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s largest companies now employ more workers in their 50s than in their 20s, a demographic shift that underscores slowing youth hiring amid persistent economic headwinds. As of the end of 2024, employees in their 20s accounted for 19.8% of the workforce at 124 major companies tracked [...]

Samsung Display Unveils ‘MONT Flex’ Brand for Foldable OLED Panels

Samsung Display Unveils ‘MONT Flex’ Brand for Foldable OLED Panels

SEOUL, Aug. 5 (Korea Bizwire) — Samsung Display Co. on Tuesday unveiled its new brand MONT Flex for foldable organic light-emitting diode (OLED) panels, highlighting its products’ durability and slimness. The South Korean display giant said the brand stands for “mechanically durable, opto-mechanically flat, narrow bezel enabling, and thin and light,” referring to the company’s [...]