EBC Financial Group announces regulatory approval of its South African subsidiary, positioning the firm for future market access in South Africa’s growing financial services sector. JOHANNESBURG, South Africa, Dec. 03, 2025 (Korea Bizwire) – EBC Financial Group SA (Pty) Ltd has received approval from the Financial Sector Conduct Authority (“FSCA”) as an Authorised Financial Service [...]
TAIPEI, Taiwan, Dec. 03, 2025 (Korea Bizwire) – Taiwan-based renewable energy developer SUNPOWER SMART ENERGY CO., LTD (SPE) has been recognized with the 12th “Excellent Solar System Award” for its Xuejia Multi-Use Canal Photovoltaic Project in Tainan. Selected by the Energy Administration, Ministry of Economic Affairs and reviewed by a panel of academic experts, SPE was one [...]
President Lee Jae-myung on Dec. 3, marking the first anniversary of the martial-law crisis, declared, “We will complete the Revolution of Light and build a true nation of popular sovereignty.” In a special national address titled “First Anniversary of the Revolution of Light” delivered at the presidential office in Yongsan that morning, Lee said, “I [...]
SEOUL, Dec. 3 (Korea Bizwire) — President Lee Jae-myung on Wednesday marked the first anniversary of the failed Dec. 3 coup attempt by declaring that the South Korean people “have every right to receive the Nobel Peace Prize” for defending democracy against an illegal military intervention. In a nationally televised address titled “First Anniversary of [...]
SEOUL, Dec. 3 (Korea Bizwire) — Seoul’s luxury housing market posted one of the world’s sharpest price increases over the past year, rising more than 25 percent and ranking second among major global cities, according to new data released Tuesday. In its latest Prime Global Cities Index, British property consultancy Knight Frank reported that prices for [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea approved a defense budget of 65.9 trillion won, or about $44.8 billion, for next year, a 7.5 percent rise as the government moves to reinforce its three-axis deterrence strategy and accelerate the modernization of its armed forces. The National Assembly passed the 727.9 trillion-won national budget late [...]
SEOUL, Dec. 3 (Korea Bizwire) — E-commerce giant Coupang Inc. is facing a growing number of class-action lawsuits after a massive data breach compromised the personal information of nearly 34 million users, marking one of the largest such incidents in South Korea to date. On Monday, law firm Chung filed the first complaint on behalf [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s newest generation is expected to live longer than any before it. Government data released Wednesday show that babies born in 2024 can expect an average lifespan of 83.7 years — a modest increase from the year prior, but another step in a long arc of rising longevity. [...]
SEOUL, Dec. 3 (Korea Bizwire) — Girl group BLACKPINK’s Rose has swept Apple Music’s 2025 year-end rankings with “APT.,” her collaborative hit single with Bruno Mars, the platform said Wednesday, underscoring her global popularity. According to Apple Music, “APT.” took first place in four key categories: Top 100: Global 2025, Top 100: Shazam, Top 100: [...]
SEOUL, Dec. 3 (Korea Bizwire) — A new study suggests that while health apps and online wellness advice have proliferated in South Korea, a significant share of the population—especially older adults—lacks the ability to properly access, interpret and use digital health information. Researchers at Samsung Medical Center’s Clinical Epidemiology Research Center and the Quality of Life [...]