SEOUL, Nov. 24 (Korea Bizwire) — South Korean brokerage houses are expanding their workforces for the first time in three years, buoyed by a roaring stock market and renewed momentum in investment banking and digital services. As of the end of September, the nation’s 60 securities firms employed 39,238 people, up 398, or about 1 percent, [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea will gain new regional air links to the United Arab Emirates under a fresh aviation agreement reached on the sidelines of an international transport conference, the government said Sunday, marking a significant expansion of routes between the two countries. At the International Civil Aviation Organization’s Air Services Negotiation [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s presidential artificial intelligence (AI) committee said Monday it will launch a task force to advance AI cooperation with the United Arab Emirates (UAE). The task force will be headed jointly by the presidential secretary for AI policy and future planning, and vice chairman of the Korea Chamber [...]
SEOUL, Nov. 24 (Korea Bizwire) — The government said Monday it plans to launch an information and price comparison platform for agricultural products that is powered by artificial intelligence (AI) next year as part of its broader effort to adopt AI-based public services. At the inaugural meeting of a new government consultation group consisting of [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s president, Lee Jae Myung, has taken the unusual step of sending personal letters of consolation to more than 300 Korean workers who were swept up in a weeklong immigration raid this fall at a Hyundai–LG joint battery plant in Georgia. The gesture, announced Monday, is at once [...]
SEOUL, Nov. 24 (Korea Bizwire) — Parents raising twins in South Korea face significantly heavier childcare burdens than those raising a single child, with nearly 40 percent reporting they have no one to turn to during emergencies, according to a new survey released Sunday. The Korea Population, Health and Welfare Association (KoPHWA) surveyed 718 parents of [...]
SEOUL, Nov. 24 (Korea Bizwire) — Naver Labs Europe has introduced two advanced artificial intelligence models designed to enhance robots’ ability to understand physical spaces and human bodies, the company announced Monday. The models were unveiled at the fourth “AI for Robotics” workshop, held Nov. 20–21 in France under the theme of spatial intelligence. The first [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Koreans can now access detailed, government-verified statistics about specific diseases directly through Naver, the country’s dominant search engine, under a new public service launched Sunday. The National Health Insurance Service (NHIS) said it partnered with Naver to make health-care utilization data easily available to the public. When users search [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s leading game publishers are gearing up for next month’s Animation X Game Festival (AGF) with an unusually strong slate of anime-style titles, signaling the genre’s expanding influence across the domestic industry. According to the gaming sector on Monday, major companies including Neowiz, Nexon, Netmarble, Smilegate, NCSoft, and NHN [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s three major mobile carriers continue to outperform global competitors by a wide margin, posting download speeds more than three times faster than those in other leading countries, according to a new industry report released Monday. The Korea Telecommunications Operators Association (KTOA) said the nation’s mobile networks recorded an [...]