Korea Bizwire, Author at Be Korea-savvy | Page 79 of 1081
Korea, U.K. Revamp FTA to Boost Auto, Beauty and Food Exports

Korea, U.K. Revamp FTA to Boost Auto, Beauty and Food Exports

SEOUL, Dec. 16 (Korea Bizwire) — South Korea and the United Kingdom signed an upgraded free trade agreement aimed at easing rules of origin for Korean exporters and expanding access to Britain’s high-speed rail and digital services markets, Seoul’s trade ministry said Tuesday. The deal, signed in London by Korean Trade Minister Yeo Han-koo and [...]

ITHAX Acquisition Corp III Announces Closing of $230 Million Initial Public Offering

ITHAX Acquisition Corp III Announces Closing of $230 Million Initial Public Offering

NEW YORK, Dec. 15, 2025 (Korea Bizwire) – ITHAX Acquisition Corp III (the “Company”), a newly incorporated blank check company, today announced the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit, including 3,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. [...]

Korea Joins Global Meditation Movement With First Official UN-Backed Event

Korea Joins Global Meditation Movement With First Official UN-Backed Event

SEOUL, Dec. 16 (Korea Bizwire) — South Korea will host its first official observance of the United Nations’ World Meditation Day on Dec. 21, marking the country’s entry into a global initiative aimed at promoting mental well-being through contemplative practice. The Korean preparatory committee for the event said Monday that a commemorative ceremony and the launch [...]

Coupang Breach Triggers Sharp Spike in Dark-Web Leak Inquiries

Coupang Breach Triggers Sharp Spike in Dark-Web Leak Inquiries

SEOUL, Dec. 16 (Korea Bizwire) —  A surge of South Koreans are scrambling to determine whether their personal information is circulating on the dark web following Coupang’s massive data leak, newly released government data shows. According to figures submitted by the Korea Internet & Security Agency (KISA) to Rep. Lee Jeong-heon of the Democratic Party, users [...]

New AI Surveillance Tool Targets Aggression, Self-Harm Risks in Treatment Facility

New AI Surveillance Tool Targets Aggression, Self-Harm Risks in Treatment Facility

SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s Ministry of Justice said Monday it has introduced an artificial intelligence–based behavior analysis system at the National Forensic Psychiatric Hospital to better identify early signs of violent or self-harming behavior among patients undergoing compulsory treatment. The system monitors individuals with severe mental illness in real time, detecting [...]

Public Anxiety Over New Outbreaks Rises as Vaccine Intent Weakens in Korea

Public Anxiety Over New Outbreaks Rises as Vaccine Intent Weakens in Korea

SEOUL, Dec. 16 (Korea Bizwire) — A majority of South Korean adults believe a new infectious disease outbreak is likely in the near future and would persist for an extended period, even as willingness to be vaccinated continues to decline, according to a government-commissioned survey released Monday. The Korea Disease Control and Prevention Agency (KDCA) asked [...]

Lawmakers Advance Bill to Charge Companies Up to 10% of Revenue for Privacy Violations

Lawmakers Advance Bill to Charge Companies Up to 10% of Revenue for Privacy Violations

SEOUL, Dec. 16 (Korea Bizwire) — South Korean lawmakers on Monday advanced a bill that would sharply increase financial penalties for companies responsible for major personal data breaches, amid rising public anger over a series of high-profile leaks. The bill, approved by the National Assembly’s Political Affairs Committee subpanel, would raise the maximum fine for [...]

CSAT English Controversy Escalates, Prompting Government Investigation

CSAT English Controversy Escalates, Prompting Government Investigation

SEJONG, Dec. 15 (Korea Bizwire) — South Korea’s Education Ministry said Monday it has begun a thorough review of how this year’s English section of the College Scholastic Ability Test (CSAT) was designed and vetted, after the unusually high level of difficulty triggered a national backlash and drew international media attention. The ministry acknowledged that the [...]

Korean Zinc to Build $7.4 Billion U.S. Metals Smelter as Washington Seeks to Secure Strategic Minerals

Korean Zinc to Build $7.4 Billion U.S. Metals Smelter as Washington Seeks to Secure Strategic Minerals

SEOUL, Dec. 15 (Korea Bizwire) — Korea Zinc, one of the world’s largest nonferrous metals producers, will invest nearly 11 trillion won (US$7.4 billion) to build a large-scale integrated smelter in Tennessee, a project backed by both the U.S. government and American corporate partners as Washington races to counter China’s tightening control over strategic mineral exports. [...]

Zoom launches AI Companion 3.0 with agentic workflows, transforming conversations into action

Zoom launches AI Companion 3.0 with agentic workflows, transforming conversations into action

Zoom’s new AI Companion web surface leverages work conversations to help save time and boost productivity Personal workflows (beta), AI Companion 3.0 features for Zoom Docs (coming soon), and agentic AI features enhance work quality and streamline content creation Free-tier and standalone plans enable Zoom Basic users to try AI Companion capabilities or purchase AI [...]