SEOUL, June 11 (Korea Bizwire) – As the craze for early English education intensifies in South Korea, tuition at so-called “English kindergartens” — private institutions offering immersive language instruction for preschoolers — has surged significantly over the past year, according to a new report. Data compiled by lawmaker Kang Kyung-sook of the Innovation Party and [...]
SEOUL, June 11 (Korea Bizwire) — SK Hynix CEO Kwak Noh-Jung warned that growing global trade tensions could fuel volatility in the second half of the year, even as the semiconductor giant maintains steady performance aligned with its internal forecasts. Speaking at an internal company town hall Tuesday at the Icheon campus, Kwak acknowledged the uncertainty [...]
SEOUL, June 11 (Korea Bizwire) —As South Korea’s ruling Democratic Party accelerates efforts to legalize and regulate won-based stablecoins, industry insiders warn that a hasty rollout could expose the financial system to disorder and weaken the country’s global competitiveness. In a move reflecting growing pressure from lawmakers, a consortium of major South Korean banks — including [...]
SEOUL, June 11 (Korea Bizwire) — A long-running legal battle between South Korean human rights activists and Google over personal data transparency has come to an end after 11 years, with both parties agreeing to a court-proposed settlement. Under the terms of the agreement, Google will provide South Korean users with improved access to their personal [...]
SAMCHEOK, June 11 (Korea Bizwire) — With the closure of the historic Samcheok Dogye Mine scheduled for later this month, a new museum exhibition is casting a spotlight on the coal-fueled legacy of one of South Korea’s most iconic mining towns. The joint exhibition, titled “Coal Age,” opened Tuesday at the Samcheok City Museum in [...]
SEOUL, June 11 (Korea Bizwire) — South Korea’s publishing industry has launched back-to-back lawsuits against Google and Apple in a U.S. federal court, challenging what it claims are exploitative in-app payment commission policies that hurt local content developers and stifle fair competition. The Korean Publishers Association (KPA) and the Korea Electronic Publishing Association (KEPA) jointly announced [...]
SEOUL, June 10 (Korea Bizwire) — South Korean games are taking center stage at Apple’s Worldwide Developers Conference (WWDC) this year, as the tech giant continues to deepen its push into high-performance gaming on Mac devices powered by Apple Silicon. During Monday’s keynote, Craig Federighi, Apple’s Senior Vice President of Software Engineering, unveiled macOS Tahoe [...]
Seoul, June 10 (Korea Bizwire) — Korean Air, Genesis, and Samsung’s Galaxy smartphones topped the list of premium brands most favored by South Korea’s top corporate leaders, according to a new survey released Tuesday by the business journal Hyundai Management. The annual Best Premium Brands survey, based on responses from 100 CEOs at Korea’s 500 largest [...]
SEOUL, June 10 (Korea Bizwire) — South Korea’s National Tax Service (NTS) has launched an aggressive crackdown on 710 chronic tax delinquents who collectively owe more than 1 trillion won (approximately US$730 million), revealing widespread use of fraudulent schemes to hide assets and evade payment. The offenders, flagged for property tracking investigations, used tactics ranging [...]
Europe’s leading business conference, featuring Rick Rubin, Simon Sinek, and Angela Ahrendts as headliners, is close to being sold out Helsinki, Finland, June 10, 2025 (Korea Bizwire) – Nordic Business Forum, Europe’s leading business and leadership conference, returns to Helsinki on September 24–25, 2025. With 7,000 tickets sold and only 300 remaining, the event is set [...]