SEOUL, July 26 (Korea Bizwire) — An interagency investigation team was launched Wednesday to crack down on cryptocurrency-related crimes, officials said. The joint virtual asset crime investigation unit will start operations at the Seoul Southern District Prosecutors Office, staffed by 30 investigators from seven government agencies and bodies, including the prosecution, the Financial Supervisory Service, [...]
SEOUL, July 26 (Korea Bizwire) — The U.S.-led United Nations Command (UNC), an institution established to ensure the implementation of the 1953 armistice agreement, is overcoming its previous feeble reputation and expanding its role. When five North Korean unmanned drones infiltrated South Korean airspace last year, Seoul responded by sending drones into the North’s territory. [...]
SEOUL, July 26 (Korea Bizwire) — A person who takes a longer time to fall asleep has a twofold higher likelihood of dying compared to someone with quicker sleep onset, a study showed Tuesday. A research team from Korea University’s College of Medicine conducted a prospective cohort study on 3,757 individuals aged between 40 and [...]
SEOUL, July 26 (Korea Bizwire) — The state-run defense research agency said Tuesday it has developed technology capable of distinguishing whether Novichok, a deadly chemical weapon, has been used based on samples collected from a contaminated area. The Agency for Defense Development (ADD) developed pre-processing technology for samples and an analysis method using a mass [...]
SEOUL, July 26 (Korea Bizwire) — Swarms of a previously unheard-of insect, named lovebug, erupted in Seoul’s northwest last month and swept across the entire city. However, these lovebugs have mostly disappeared now due to their short lifespan and heavy rain. Park Seon-jae, a researcher from the National Institute of Biological Resources, reported that female [...]
GANGNEUNG, July 26 (Korea Bizwire) — Red-eared turtles, one of the country’s most common invasive species, have appeared in the city of Gangneung, Gangwon Province. Residents say that the turtles are seen sunbathing along the Gyeongpo Stream on sunny days. Red-eared turtles have a red spot on both sides of their heads. They are an [...]
SEOUL, July 26 (Korea Bizwire) – South Korea continued to report a natural decrease in population in May amid critically low births, data showed Wednesday, reflecting the alarming demographic challenge of Asia’s No. 4 economy. Only 18,988 babies were born in May, decreasing 5.3 percent from a year earlier, according to the monthly report from [...]
SEOUL, July 26 (Korea Bizwire) – The Tibetan spiritual leader Dalai Lama has sent a letter wishing for peace on the Korean Peninsula as the two Koreas are set to mark the 70th anniversary of the 1950-53 Korean War armistice, a Seoul-based Buddhist group said Wednesday. “As the Korean people, and peace-loving communities everywhere, observe [...]
SEOUL, July 26 (Korea Bizwire) — Retail sales in South Korea rose 5.7 percent on-year in the first half of this year amid eased antivirus curbs and people’s growing outdoor activities, the industry ministry said Wednesday. The combined sales of 25 major offline and online retailers came to 85.4 trillion won (US$66.76 billion) during the [...]
SEOUL, July 26 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched the upgraded Avante N high-performance model in the domestic market as it strives to strengthen its high-end product lineup. The face-lifted sporty sedan comes with an eight-speed wet double-clutch transmission (DCT) and a 2.0-liter turbo flat power engine that can generate 280 horsepower, [...]