SEOUL, Aug. 14 (Korea Bizwire) — Seoul’s Gangnam District announced that it has installed sculptures along Teheran-ro, close to the World Taekwondo Headquarters, also known as Kukkiwon. These sculptures are inspired by “poomsae,” which represents a set of patterns from Korean martial arts. The decision to place these sculptures came after the district recognized that [...]
SEOUL, Aug. 14 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Monday it has partnered with Chinese electric vehicle (EV) charging service information provider NaaS Technology Inc. for future EV charging business opportunities. Hyundai signed an initial pact with Naas at the Chinese firm’s headquarters in Beijing on Monday to jointly develop customized EV [...]
SEOUL, Aug. 14 (Korea Bizwire) — The music video for K-pop giant BTS’ 2021 hit song “Permission to Dance” has surpassed 600 million views on YouTube. The video hit the milestone at 4:21 a.m. Monday, bringing to 12 the number of the band’s music videos seen more than 600 million times, according to BigHit Music. [...]
Amsterdam, the Netherlands, Aug. 14 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of [...]
SEOUL, Aug. 14 (Korea Bizwire) — K-Bank, a South Korean internet-only bank, reported Monday that its second-quarter net income dropped 31 percent from a year earlier on increased loan-loss reserves. Net income stood at 14.7 billion won (US$11 million) in the April-June period, compared with a net profit of 21.3 billion won a year earlier, [...]
GORYEONG, Aug. 14 (Korea Bizwire) — A lioness was shot dead Monday after escaping from a private tourist animal farm in the southern county of Goryeong, officials said. Police received a report at 7:23 a.m. that the animal had broken out of its cage at the farm in Goryeong, 233 kilometers southeast of Seoul. About [...]
SEOUL, Aug. 14 (Korea Bizwire) – Three random assaults on strangers are carried out every day on average nationwide, a police report showed Monday, after recent back-to-back stabbing sprees against strangers appalled the country. During the first half of the year, a total of 925 cases of murder, bodily harm or assault happened either due [...]
JEJU, Aug. 14 (Korea Bizwire) — Chinese cruise ships are set to return to the southern resort island of Jeju, beginning late this month, officials said Monday, following Beijing’s recent lifting of its six-year ban on group tours to South Korea. The Jeju provincial government has been flooded with reservation requests for Chinese cruise visits [...]
SEOUL, Aug. 14 (Korea Bizwire) — South Korea has decided to provide Hawaii with US$2 million worth of humanitarian aid to help respond to a series of wildfires that recently raked the island of Maui, Seoul’s foreign ministry said Monday. The latest wildfires have killed at least 93, making it the deadliest U.S. fire in [...]
SEOUL, Aug. 14 (Korea Bizwire) — South Korea and the United States will kick off a major combined military exercise next week to beef up their joint defense, both sides said Monday, amid North Korea’s hardening rhetoric fueling concerns about the possibility of North Korea unleashing new provocations. The annual Ulchi Freedom Shield (UFS) exercise [...]