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S. Korea’s Prehistoric Petroglyphs Likely to Win UNESCO World Heritage status

S. Korea’s Prehistoric Petroglyphs Likely to Win UNESCO World Heritage status

SEOUL, May 26 (Korea Bizwwire) — A set of prehistoric petroglyphs located in southeastern South Korea is likely to be listed as a UNESCO World Heritage site, people familiar with the matter said Monday. The International Council on Monuments and Sites (ICOMOS), an advisory body to UNESCO, has recommended the inclusion of the Petroglyphs along [...]

Bitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation

Bitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation

VICTORIA, Seychelles, May 26, 2025 (Korea Bizwire) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to celebrate the 2nd Anniversary of Blockchain4Youth. With over 8,000 participants globally and more than 3,000 certificates issued, the program continues to empower the next generation with the knowledge and tools needed to shape the future of blockchain [...]

SAR 423 Billion in Foreign Investments: Saudi Arabia Launches Offshore Securities Business License

SAR 423 Billion in Foreign Investments: Saudi Arabia Launches Offshore Securities Business License

RIYADH, Saudi Arabia, May 26, 2025 (Korea Bizwire) — Over the past decade, the Saudi Capital Market Authority (CMA) has methodically advanced the Kingdom’s capital market reforms, gradually opening its financial markets to international investors. This transformation has attracted substantial global institutional interest, with foreign holdings reaching approximately SAR 423 billion by the end of [...]

Bitget Delivers A Knockout Experience: VIP Access to Karate Combat’s KC54 Dubai UFC Fight

Bitget Delivers A Knockout Experience: VIP Access to Karate Combat’s KC54 Dubai UFC Fight

DUBAI, United Arab Emirates, May 26, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, brought the heat to Token2049 with an exclusive ringside experience at Karate Combat KC54 in Dubai on May 2nd. Think high-octane strikes, VIP treatment, and a night so wild, even the blockchain felt the impact. This year, Bitget raised the stakes by [...]

Security Concerns Behind N. Korea’s Objection to UNESCO Geopark Status for S. Korean Islands

Security Concerns Behind N. Korea’s Objection to UNESCO Geopark Status for S. Korean Islands

SEOUL, May 26 (Korea Bizwire) – Security concerns have been cited as the reason behind North Korea’s objection to a UNESCO Global Geopark designation for a group of South Korean western border islands, diplomatic sources said Monday. North Korea cited “security reasons” when it filed an objection with UNESCO earlier this month to the agency’s consideration of the Baengnyeong, Daecheong and Socheong islands for UNESCO Global Geopark status, according to the sources. In November, South Korea’s Incheon government submitted the islands just south of the Northern Limit Line (NLL) — the [...]

OpenAI to Launch Korean Office as Part of Global Expansion

OpenAI to Launch Korean Office as Part of Global Expansion

SEOUL, May 26 (Korea Bizwire) — U.S. artificial intelligence (AI) company OpenAI on Monday announced it will begin operations in South Korea as part of its ongoing global expansion of AI infrastructure. Jason Kwon, chief strategy officer at OpenAI, said OpenAI has established a Korean unit and plans to open its first Korean office in Seoul. “Our next international office is going to be here in Seoul,” Kwon told reporters in Seoul, adding the Seoul office will be OpenAI’s third Asian branch following those in [...]

Coupang Shifts to Sole Representative System for AI-Based Growth

Coupang Shifts to Sole Representative System for AI-Based Growth

SEOUL, May 26 (Korea Bizwire) – E-commerce giant Coupang said Monday it has transitioned from a co-representative leadership system to a sole representative system under Park Dae-joon as part of efforts to drive growth through artificial intelligence (AI)-based logistics innovation. The company, wholly owned by New York-listed Coupang Inc., had been led by two representative directors, Park and Kang Han-seung. Park has spearheaded the nationwide expansion of Coupang’s renowned Rocket Delivery service and led the [...]

Hyundai Motor Becomes Main Sponsor of ASEAN Men’s Football Championship

Hyundai Motor Becomes Main Sponsor of ASEAN Men’s Football Championship

SEOUL, May 26 (Korea Bizwire) – Hyundai Motor Co. on Monday forged a partnership with the ASEAN Football Federation (AFF) to become the main sponsor of Southeast Asia’s premier men’s national football tournament, the company said. The South Korean automaker said it signed a sponsorship agreement with the AFF at the company’s Indonesia plant in Bekasi, West [...]