Korea Bizwire, Author at Be Korea-savvy | Page 3 of 1020
South Korea Holds Routine Military Drills Near Disputed Dokdo Islets

South Korea Holds Routine Military Drills Near Disputed Dokdo Islets

SEOUL, Dec. 24 (Korea Bizwire) — South Korea carried out routine military drills this week near Dokdo, its easternmost islets, reaffirming its control over the disputed territory in exercises that again drew protests from Japan. The drills took place Tuesday in waters off Dokdo, according to a South Korean military official who said they were [...]

Seoul Pushes for More Control of Its Forces as U.S. Priorities Shift

Seoul Pushes for More Control of Its Forces as U.S. Priorities Shift

WASHINGTON•SEOUL, Dec. 24 (Korea Bizwire) – South Korea is pressing ahead with a bid for greater military autonomy within its alliance with the United States, a shift that reflects both Seoul’s growing confidence and Washington’s evolving strategic priorities as rivalry with China intensifies. From efforts to reclaim wartime operational control of its forces from the United [...]

CertiK Releases 2025 Skynet Hack3D Report, Showing $3.35 Billion Stolen in Blockchain Security Incidents

CertiK Releases 2025 Skynet Hack3D Report, Showing $3.35 Billion Stolen in Blockchain Security Incidents

NEW YORK, Dec. 24, 2025 (Korea Bizwire) – CertiK, the world’s largest Web3 security services provider, released its 2025 Skynet Hack3D Web3 Security Report, providing a comprehensive review of major security incidents and risk trends across the Web3 ecosystem over the past year. The report finds that, while the industry accelerated its recovery amid improving [...]

S&P Global Ratings Upgrades Teva to ‘BB+’ Amid Strong Execution of Pivot to Growth Strategy; Moody’s Ratings Agency Revises Outlook to Positive

S&P Global Ratings Upgrades Teva to ‘BB+’ Amid Strong Execution of Pivot to Growth Strategy; Moody’s Ratings Agency Revises Outlook to Positive

The two updates underscore Teva’s strong execution of its Pivot to Growth strategy and commitment to financial discipline. Moody’s affirmed Teva’s B1a rating and revised Teva’s outlook to positive from stable S&P upgraded Teva to BB+ from BB, with a stable outlook TEL AVIV, Israel, Dec. 24, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. [...]

HKTB New Year Countdown to be Staged at Chater Road in Brand-New Format with Light Performance Themed “New Hopes, New Beginnings” to Spread Positivity and Blessings

HKTB New Year Countdown to be Staged at Chater Road in Brand-New Format with Light Performance Themed “New Hopes, New Beginnings” to Spread Positivity and Blessings

(HKTB provides satellite live feed and social media livestreaming of countdown in Central. Details on pages 2-5) HONG KONG, Dec. 24, 2025 (Korea Bizwire) – The Hong Kong Tourism Board (HKTB) announced that this year’s New Year Countdown will take place at the Chater Road Pedestrian Precinct in Central. The event will feature a brand-new [...]

Korea’s Birth Uptick Loses Steam as Demographic Pressures Persist

Korea’s Birth Uptick Loses Steam as Demographic Pressures Persist

SEOUL, Dec. 24 (Korea Bizwire) — South Korea recorded a 16th consecutive month of year-on-year growth in births in October, but the pace of increase slowed to its weakest level this year, underscoring how fragile the country’s demographic rebound remains. A total of 21,958 babies were born in October, a 2.5 percent increase from a [...]

Seoul Says No Data Stored in New Facial Recognition Phone Registration

Seoul Says No Data Stored in New Facial Recognition Phone Registration

SEOUL, Dec. 24 (Korea Bizwire) — South Korea’s science ministry on Wednesday sought to calm privacy concerns over a new requirement for real-time facial recognition when registering mobile phone numbers, insisting that no biometric data is stored under the system. The reassurance followed the launch Tuesday of a pilot program that requires applicants to verify [...]

SK Hynix Seeks Regulatory Relief to Raise Capital for Massive Chip Projects

SK Hynix Seeks Regulatory Relief to Raise Capital for Massive Chip Projects

SEOUL, Dec. 24 (Korea Bizwire) — SK Hynix on Wednesday urged South Korea’s government to loosen fair-trade regulations, arguing that existing ownership rules are ill-suited to the scale and financial demands of investment in the artificial intelligence era. The chipmaker said regulatory flexibility is needed to allow it to set up special purpose companies with [...]

South Korea to Enact Climate Adaptation Law, Deploy AI to Predict Floods and Extreme Weather

South Korea to Enact Climate Adaptation Law, Deploy AI to Predict Floods and Extreme Weather

SEOUL, Dec. 24 (Korea Bizwire) — South Korea’s government plans to enact a sweeping Climate Adaptation Act next year and expand the use of artificial intelligence to forecast floods, road icing and wildfires, as it steps up preparations for intensifying climate risks, officials said Tuesday. The Ministry of Climate, Energy and Environment said the Fourth National [...]