SEOUL, July 17 (Korea Bizwire) — South Korean internet conglomerate Naver Corp. said Thursday it plans to introduce a suite of artificial intelligence-powered video tools and extended-reality platforms in the second half of 2025, as it ramps up efforts to establish its own live broadcast media ecosystem. The company said it has expanded its Immersive [...]
SEOUL, July 17 (Korea Bizwire) — On a breezy summer morning, deep in the rugged hills of Uljin County—an area scorched by South Korea’s devastating wildfires in 2022—a futuristic electric SUV stands poised for a mission of renewal. But this is no ordinary off-roader. It’s Hyundai Motor Company’s Ioniq 9 Seed Ball Drone Station: a [...]
SEOUL, July 17 (Korea Bizwire) — In commemoration of the 77th Constitution Day, South Korea’s National Assembly on Thursday unveiled a symbolic stone monument on the parliament lawn to mark the legislature’s swift vote to lift the state of martial law declared by former President Yoon Suk Yeol last December. The monument, inscribed with the [...]
VICTORIA, Seychelles, July 17, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility [...]
SEOUL, July 17 (Korea Bizwire) – A leading government-affiliated research institute has issued a stark warning against adopting a defined contribution (DC) pension model as an alternative to South Korea’s current national pension system, calling it a “poisoned chalice” ill-suited to the country’s demographic and economic realities. The report, released Wednesday by the National Pension [...]
SEOUL, July 17 (Korea Bizwire) — On a quiet Friday afternoon in Eunpyeong District, a group of middle-aged Seoul residents gathered not just to cook—but to connect. They were participants in Eunbit SOL Dining, a community cooking program that is part of Seoul’s broader Happy Table initiative aimed at reducing social isolation among one-person households [...]
SEOUL, July 17 (Korea Bizwire) — On the eve of a pivotal Supreme Court ruling concerning Chairman Lee Jae-yong, Samsung is maintaining a strict silence, underscoring the high stakes of a case that has shadowed the group for nearly a decade. South Korea’s Supreme Court is set to deliver its final verdict on Thursday on [...]
SEOUL, July 17 (Korea Bizwire) — A decade-long study involving nearly 3.85 million South Korean adults has found a significant link between poor oral health and increased cancer risk and mortality—particularly among people over 50. Led by Professors Kim Gye-hyung of Seoul National University Hospital and Lee Seung-yeon of Seoul Boramae Medical Center, the study [...]
SAMCHEOK, July 17 (Korea Bizwire) – A national open-water swimming competition in Samcheok, South Korea, ended in chaos and controversy after it was abruptly canceled on the day of the event, leaving hundreds of participants furious over poor communication, lack of contingency planning, and a refusal to issue refunds. The 14th Samcheok Isabu General National [...]
SEOUL, July 17 (Korea Bizwire) — As South Korea grapples with deepening youth unemployment, a new study reveals that the share of employees in their 20s at the country’s top conglomerates has plummeted over the past two years—raising concerns about a generational imbalance in the corporate workforce. According to a report released Wednesday by CEO [...]