SEOUL, April 30 (Korea Bizwire) – Korean Air Lines Co., South Korea’s leading air carrier, said Wednesday it plans to invest 1.2 trillion won (US$844.3 million) to establish a next-generation aviation research and training hub in Bucheon, west of Seoul. The company plans to break ground on the 65,800 square-meter facility in 2027, with the [...]
SEOUL, April 30 (Korea Bizwire) — The U.S. Forces Korea (USFK) on Wednesday advised its troops and employees subscribed to SK Telecom Co. to take safety measures following a major cyberattack at South Korea’s biggest mobile carrier. In a post titled “SK Telecom Breach Cyber Threat Advisory” updated on its website, the USFK warned of [...]
SEOUL, April 30 (Korea Bizwire) — The reigning double Olympic gold medalist Oh Sang-uk will headline the South Korean team as Seoul hosts its annual International Fencing Federation (FIE) Grand Prix in sabre this week. SK Olympic Handball Gymnasium in Seoul will be the venue for the three-day competition starting Friday. Each Grand Prix event [...]
SEOUL, April 30 (Korea Bizwire) — Finance Minister Choi Sang-mok said Wednesday that South Korea is not hurrying to conclude trade negotiations with the United States ahead of its upcoming presidential election, noting that recent remarks by U.S. Treasury Secretary Scott Bessent were not specifically directed at Seoul. His comments came after Bessent on Tuesday [...]
SEOUL, April 30 (Korea Bizwire) — Former world No. 1 Jon Rahm has yet to finish outside the top 10 in six tournaments so far this season in LIV Golf but he also hasn’t won yet in 2025. The two-time major champion from Spain said Wednesday he would love to end that drought in South [...]
SEOUL, April 30, (Korea Bizwire) — For many at-risk youths in South Korea, each day brings a quiet battle — against despair, isolation, and a gnawing sense that survival itself can feel uncertain. A new government survey released Tuesday paints a sobering portrait: one in three vulnerable youths said they had spent at least two weeks [...]
SEOUL, April 30, (Korea Bizwire) — When a fire breaks out, every second can mean the difference between life and death. In South Korea, officials have zeroed in on a critical benchmark: reaching the scene within seven minutes of the emergency call. Beyond that window, authorities say, conditions become catastrophic. Within eight minutes, a typical [...]
ULSAN, April 30, (Korea Bizwire) — South Korean scientists have created an advanced artificial tumor model using 3D printing and artificial intelligence (AI) to replicate the internal environment of cancer patients’ bodies, offering a breakthrough in personalized cancer prognosis. The joint research team from the Ulsan National Institute of Science and Technology (UNIST) and Seoul [...]
SEOUL, April 30 (Korea Bizwire) — A recent hacking incident at SK Telecom has triggered a spike in demand for SIM card replacements and mobile number transfers, with some South Korean banks poised to benefit from the unexpected fallout by expanding their budget mobile phone services. According to banking industry officials on Tuesday, KB Kookmin [...]
WASHINGTON, April 29 (Korea Bizwire) — U.S. Treasury Secretary Scott Bessent said Tuesday that he can see the contours of a trade deal with South Korea “coming together,” as Seoul is seeking to secure exemptions and exceptions from the Trump administration’s “reciprocal” and sectoral tariffs. During a press conference, Bessent also claimed that South Korea [...]