SEOUL, June 20 (Korea Bizwire) — President Lee Jae Myung vowed Friday to provide full-scale support for the artificial intelligence (AI) industry, aiming to position it as South Korea’s next major economic growth driver. Lee made the remarks during a ceremony to launch a project to build an AI data center in Ulsan, some 305 [...]
SEOUL, June 20 (Korea Bizwire) — The U.S. Embassy in Seoul resumed accepting visa applications for student and exchange visitors Friday, saying it will conduct “thorough vetting” of applicants’ presence on social media. The announcement is in line with the U.S. State Department’s release on Thursday (U.S. time) that all U.S. overseas missions will be [...]
VICTORIA, Seychelles, June 20, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange, and Web3 company, has announced a limited-time PRO+2 Level Upgrade Promotion alongside the announcement of Bitget PRO, an upgraded program designed to support the needs of institutional clients and high-frequency traders. Meant for eligible users, the promotion reinforces Bitget’s commitment to empowering professional traders with better [...]
SEOUL, June 20 (Korea Bizwire) – The presidential state affairs committee cut short a policy briefing by the prosecution Friday, instructing it to rewrite its report to better reflect President Lee Jae Myung’s policy pledges, the committee’s spokesperson said. The move came as the committee, which functions as a de facto government transition committee of [...]
SEOUL, June 20 (Korea Bizwire) — Heavy downpours hit most of South Korea on Friday, including the central and southern regions, and Jeju Island, marking the beginning of the year’s monsoon season, the weather agency said. As of 4 p.m., rainfall across the country had been measured at 5 to 10 millimeters per hour, according [...]
KUALA LUMPUR, Malaysia, June 20, 2025 (Korea Bizwire) — Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, assures investors that the Company will not be impacted by a U.S. Senate panel’s proposed wind down of solar power [...]
SEOUL, June 20 (Korea Bizwire) — Here come the champions. With a sluggish start to their title defense now in the rearview mirror, the Kia Tigers are the hottest team in the Korea Baseball Organization (KBO) at the moment. They have won five straight games, the longest active winning streak, and they have the best [...]
Gothenburg, Sweden, June 20, 2025 (Korea Bizwire) – Google tops the on-train Wi-Fi bandwidth league table, with Instagram, Facebook, Netflix and TikTok close behind, confirming rail passengers now expect a home broadband experience while on the move. Insights are drawn from the anonymised Wi-Fi traffic of more than two million daily users travelling on thousands [...]
SEOUL, June 20 (Korea Bizwire) — South Korea’s space agency said Friday it plans to develop a reusable space launch vehicle by 2035 in a bid to keep pace with the rapidly shifting landscape of the global space industry. The Korea AeroSpace Administration (KASA) has been working to modify its 2.1 trillion-won (US$1.53 billion) project [...]
SEOUL, June 20 (Korea Bizwire) — A court on Friday approved a request to allow discount store chain Homeplus Co. to pursue a merger and acquisition (M&A) deal before a court decision on whether to approve its rehabilitation plan. The Seoul Bankruptcy Court approved Homeplus’ pursuit of the M&A deal and the selection of [...]