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Hyundai’s Ioniq 9, Kia’s EV3 Named Best Models at Top Gear Awards

Hyundai’s Ioniq 9, Kia’s EV3 Named Best Models at Top Gear Awards

SEOUL, May 9 (Korea Bizwire) — Hyundai Motor Co.’s Ioniq 9 and Kia Corp.’s EV3 have been named the best models in their respective categories at this year’s TopGear.com Electric Awards, Hyundai Motor Group said Friday. With the latest recognition, the South Korean automotive group has received awards for five Hyundai vehicles and two Kia [...]

Judges Nationwide to Meet to Discuss Controversy over Lee’s Election Law Violation Case

Judges Nationwide to Meet to Discuss Controversy over Lee’s Election Law Violation Case

SEOUL, May 9 (Korea Bizwire) — Judges nationwide will hold an extraordinary meeting to discuss the controversy surrounding presidential candidate Lee Jae-myung’s election law violation case, a judges’ association said Friday. The meeting was requested “due to the need to discuss and organize our position on suspicions about the courts’ political neutrality and the issue [...]

CGTN:How do stable China-Russia ties contribute to a turbulent world?

CGTN:How do stable China-Russia ties contribute to a turbulent world?

BEIJING, May 08, 2025 (Korea Bizwire) – A natural gas pipeline that stretches 3,000 kilometers in Russia and 5,111 km in China commenced operations in December last year, benefiting about 450 million people along its route. The China-Russia east-route natural gas pipeline is a landmark project of energy cooperation between the two countries, yet ties [...]

Google’s Map Data Request Sparks Security Alarm in South Korea

Google’s Map Data Request Sparks Security Alarm in South Korea

SEOUL, May 9 (Korea Bizwire) — South Korean security and technology experts are raising alarms over Google’s renewed request to export high-resolution digital maps of the country, warning that approval could pose grave national security and economic risks in an era of increasingly drone-based warfare and geopolitical uncertainty. During a policy forum held at the [...]

South Korea Faces Economic “Zero Hour” as Growth Potential Nears Collapse

South Korea Faces Economic “Zero Hour” as Growth Potential Nears Collapse

SEOUL, May 9 (Korea Bizwire) —  South Korea’s long-term economic potential is facing a steep decline and could enter negative territory by the 2040s if structural challenges go unaddressed, the state-run Korea Development Institute (KDI) warned in a report released Thursday. According to the report, “Projections for Potential Growth and Policy Implications,” South Korea’s potential growth [...]

Rise in ‘Hikikomori’ Youths in South Korea Spurs Concern Over Isolation and Family Violence

Rise in ‘Hikikomori’ Youths in South Korea Spurs Concern Over Isolation and Family Violence

SEOUL, May 9 (Korea Bizwire) — An increasing number of young South Koreans are withdrawing from society and confining themselves indoors, emerging only at night — a pattern that is raising alarm among mental health professionals, law enforcement, and social policy experts. According to a March 2025 report by the Office for Government Policy Coordination, [...]

South Koreans Cut Back on Essentials but Spend Freely on Travel

South Koreans Cut Back on Essentials but Spend Freely on Travel

SEOUL, May 9 (Korea Bizwire) — South Korean consumers reined in spending on everyday items and luxury goods in the first quarter of 2025, while showing a notable willingness to spend on travel-related expenses, according to new data from mobile analytics platform IGAWorks. The firm’s Mobile Index data, based on estimated credit and debit card transactions [...]

Medical Community Rallies Behind Health Insurance Agency in Tobacco Lawsuit Ahead of Appeals Hearing

Medical Community Rallies Behind Health Insurance Agency in Tobacco Lawsuit Ahead of Appeals Hearing

SEOUL, May 9 (Korea Bizwire) — South Korea’s medical establishment is uniting in support of the National Health Insurance Service (NHIS) as it prepares for a pivotal appeals court hearing in its landmark lawsuit against major tobacco companies over smoking-related health costs. The NHIS filed a 53.3 billion won ($37 million) damage claim in 2014 [...]