JEJU, Dec. 17 (Korea Bizwire) — South Korea’s best-known bottled water, Jeju Samdasoo, takes an average of 31 years to form as rainwater on Hallasan mountain slowly filters through layers of volcanic rock, according to new research published this week. The Jeju Province Development Corporation, which produces and sells Samdasoo, said Wednesday that a peer-reviewed study [...]
SEOUL, Dec. 17 (Korea Bizwire) — Ford Motor Co. has canceled a 9.6 trillion-won (US$7.4 billion) battery supply contract with LG Energy Solution, a rare rupture in one of the world’s largest EV supply chains that is heightening alarm over the sector’s deepening slowdown. LG Energy Solution disclosed Wednesday that Ford had terminated the agreement, which [...]
SEOUL, Dec. 17 (Korea Bizwire) — A long-running management dispute at Korea Zinc intensified this week as rival shareholder groups clashed over the company’s plan to build a massive smelter in Tennessee, a project estimated to be one of its largest overseas investments. On Wednesday, Youngpoong Group and private-equity firm MBK Partners—major shareholders aligned against [...]
The People’s Chain meets mobile-first payments: Spend crypto anywhere, earn MOVE rewards SAN FRANCISCO, Dec. 17, 2025 (Korea Bizwire) – The Movement Network today announced its partnership with KAST, the mobile-first payment platform that makes spending crypto as easy as using any payment card anywhere in the world. This partnership marks a major milestone in Movement’s mission to [...]
TORONTO, Dec. 17, 2025 (Korea Bizwire) – Skygauge Robotics, the leader in industrial contact drones and ultrasonic testing, today announced the appointment of Richard Shatilla as Chief Executive Officer and member of the Board of Directors. The appointment marks a strategic inflection point as the company accelerates from product breakthrough to global commercial scale. Co-founder [...]
SEOUL, Dec. 17 (Korea Bizwire) — The United Nations Command (UNC) on Wednesday sharply reiterated that it holds exclusive authority over civilian and military access to the southern side of the Demilitarized Zone (DMZ), citing the terms of the 1953 armistice. The unusually direct statement came as South Korea’s National Assembly advances legislation that would allow [...]
SEOUL, Dec. 17 (Korea Bizwire) — The number of South Korean workers taking parental leave reached a record high in 2024, data showed Wednesday, largely due to a rise in the number of births last year and the effects of government policies promoting parental leave. A total of 206,226 workers took time off from work [...]
VICTORIA, Seychelles, Dec. 17, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), today announced the launch of the private beta for Bitget TradFi, a new cross-market feature that gives crypto users direct access to global forex, metals, commodities, indices, and stock CFDs using USDT as margin. Selected users are now able to test this new feature with [...]
SEOUL, Dec. 17 (Korea Bizwire) — Most South Korean parents say the trait they most hope to cultivate in their young children is simply becoming “a healthy person,” with honesty ranking as the top core value, according to new research released Wednesday. The survey, conducted by the Korea Institute of Child Care and Education and [...]
SEOUL, Dec. 17 (Korea Bizwire) — Foreign visitors to South Korea are increasingly favoring “value-for-money” shopping aligned with personal tastes, signaling a shift away from the high-end, big-ticket purchases that once dominated tourist consumption, according to new data released by the Korea Tourism Organization (KTO). An analysis of foreign credit card transactions from 2018 through September [...]