SEOUL, Nov. 14 (Korea Bizwire) – South Korea’s economy is showing signs of a slow but broadening recovery after a sluggish first half of the year, lifted by stronger domestic demand and a resurgent semiconductor industry, the finance ministry said Friday, while cautioning that major uncertainties still loom. In its monthly economic assessment, known as [...]
SEOUL, Nov. 14 (Korea Bizwire) – All five members of the girl group NewJeans have not challenged a court ruling that upheld the validity of their exclusive contracts with their management agency, industry sources said Friday. The members — Haerin, Hyein, Minji, Danielle and Hanni — did not file an appeal by the midnight deadline, [...]
SEOUL, Nov. 14 (Korea Bizwire) – Kia Corp., South Korea’s second-biggest carmaker, said Friday it held a ceremony to mark the completion of one facility and the groundbreaking of another for a purpose-built vehicle (PBV) production hub, as part of its broader push to become a future mobility solutions provider. The company held a completion [...]
INCHEON, Nov. 14 (Korea Bizwire) – Mercedes-Benz Group AG plans to deepen its long-running technology and supply chain partnerships with leading South Korean companies, as the German automaker navigates evolving global supply chain dynamics, the company’s chief said Friday. Ola Kallenius, chairman and chief executive officer (CEO) of Mercedes-Benz, said during a media event in [...]
WASHINGTON, Nov. 13 (Korea Bizwire) – The United States has formally endorsed South Korea’s long-standing ambition to build nuclear-powered submarines and expressed support for Seoul’s push to acquire civil uranium enrichment and spent-fuel reprocessing capabilities, according to a joint fact sheet released Thursday. The document, issued by the White House, summarizes the outcomes of two [...]
SEOUL, Nov. 14 (Korea Bizwire) — Immanuel Kant, the 18th-century German philosopher, became the unlikely villain of South Korea’s 2026 College Scholastic Ability Test (CSAT) on Thursday, as test-takers flooded online forums with complaints that his ideas dominated some of the exam’s most difficult questions. “Would Kant ever have imagined he’d be tormenting so many young [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s drone exports have grown nearly tenfold over the past two years, yet the country remains a marginal player in the global market — a gap that analysts say requires urgent policy and industry action to close. According to a report released Friday by the Korea International Trade Association [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s National Pension Service (NPS) plans a sweeping overhaul of its emergency loan program for seniors, known as the Silver Loan, aiming to improve convenience and ensure that aid reaches those most in need. According to a briefing the NPS submitted to the National Assembly’s audit at the [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s Disease Control and Prevention Agency (KDCA) on Friday unveiled a new six-point set of diabetes prevention guidelines, urging the public to adopt healthier daily habits as the country observes World Diabetes Day. Diabetes — caused by insufficient insulin production or impaired insulin function — remains one of the [...]
SEOUL, Nov. 14 (Korea Bizwire) — A working mother has filed a petition with South Korea’s National Assembly opposing a proposed ban on early-morning delivery services, arguing that the measure would harm families and consumers who depend on the convenience for their daily lives. The petition, titled “Opposition to the Ban or Restriction on Dawn Deliveries,” [...]