SEOUL, July 14 (Korea Bizwire) — In a surprising twist of fiction-meets-reality, the animated musical film KPop Demon Hunters is now leading a real-world music chart takeover. The U.S.-produced Netflix original, which follows the story of a fictional K-pop girl group battling evil spirits, has delivered a soundtrack that’s anything but imaginary in its impact. [...]
SEOUL, South Korea, July 13, 2025 (Korea Bizwire) – Sometimes, the most remarkable culinary revolutions happen not with bold innovations, but with quiet refinements. As European premium meats enter Korean kitchens, they introduce new depths of purity, flavor, and responsibility to recipes long cherished. Driving this new connection is the EU Good Food – Good [...]
Emerging Markets Global Advisory LLP (EMGA) announces today they have delivered another US$160m debt finance for their long-standing Brazil-based client, BTG Pactual. The US$160 million 7-year senior unsecured loan was provided by AIIB, and the transaction follows on from several prior transactions for BTG also advised by EMGA for a cumulative US$1.1bn. Sajeev Chakkalakal, Managing [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s financial authorities are preparing a sweeping overhaul of capital regulations to curb excessive bank lending in real estate and steer financial resources toward high-growth industries like artificial intelligence and biotechnology. According to industry officials on July 13, the Financial Services Commission (FSC) is reviewing plans to raise [...]
SEOUL, July 14 (Korea Bizwire) — In a narrow alleyway of Ttukdo Market, as a heatwave grips the city, 88-year-old Yoon loads bags of ice onto his scooter. For over five decades, he’s been running one of Seoul’s last remaining traditional ice shops — and now, he may be the very last. Once a thriving [...]
SEOUL, July 14 (Korea Bizwire) — SK Innovation has scrapped its ambitious plan to transform traditional gas stations into eco-friendly energy hubs, signaling a broader shift in the SK Group’s strategic priorities. According to industry sources on July 13, SK Energy, a subsidiary of SK Innovation, officially notified the Korea Industrial Complex Corporation of its [...]
SEOUL, July 14 (Korea Bizwire) — In a move expected to accelerate the rollout of biosimilars — often referred to as a next-generation growth engine — South Korea’s drug regulator plans to streamline the approval process for these cost-effective biologic drugs beginning in 2026. According to pharmaceutical industry sources on Sunday, the Ministry of Food [...]
SEOUL, July 14 (Korea Bizwire) — A growing number of South Korean children and adolescents are being treated for mental health conditions, with one in every 27 receiving medical care for either attention deficit hyperactivity disorder (ADHD) or depression in 2023, according to new data. An analysis released on July 13 by the education advocacy group [...]
SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Group is doubling down on its strategy to weather U.S. tariffs without raising vehicle prices, prioritizing long-term market share over short-term profit margins. Despite escalating trade tensions under President Donald Trump’s administration and the imposition of new import tariffs earlier this year, the South Korean auto giant [...]
SEOUL, July 14 (Korea Bizwire) — A total of 72 sinkholes were reported across Seoul during the first half of 2025, underscoring growing concerns about the city’s aging underground infrastructure and prompting a major government response. According to data released Sunday by Seoul’s disaster and safety portal, Seoul Safer, sinkholes occurred at a rate of roughly [...]