SEOUL, Oct. 13 (Korea Bizwire) – South Korean tech giant SamsungElectronics Co. said Friday that its third-quarter operating profit is expected to have nearly tripled on-year, apparently on the sound returns from its computer chip business. Operating profit was estimated at 14.5 trillion won (US$12.8 billion), compared with 5.2 trillion won tallied a year earlier, the company [...]
GWACHEON, South Korea, Oct. 13 (Korea Bizwire) – South Korea and Indonesia are maintaining a close partnership over a fighter jet development project, code-named KF-X, despite concerns about agreed cost sharing, Seoul’s arms agency said Friday. Last year, the two countries signed a deal that calls for Jakarta to pay 20 percent of the total [...]
SEOUL, Oct. 13 (Korea Bizwire) – The top diplomats of South Korea and Denmark “strongly” condemned North Korea’s continued provocations on Friday, calling for Pyongyang to “fully” and “completely” comply with multiple U.N. Security Council resolutions. Foreign Minister Kang Kyung-wha and her Danish counterpart Anders Samuelsen emphasized those points in a joint press statement issued [...]
SEOUL, Oct. 13 (Korea Bizwire) – Individuals with a more positive outlook on death are more likely to have better mental health than those who dread the end of life, according to a new survey by a medical team at Seoul National University Hospital. A research team led by professor Yun Young-ho at Seoul National University [...]
SEOUL, Oct. 13 (Korea Bizwire) – South Korea’s foreign exchange holdings have dropped for the first time in seven months, according to the Bank of Korea (BOK). The BOK said on Thursday that the country’s foreign exchange reserves were estimated at 364.7 billion dollars, down 170 million dollars from the previous month. It’s the first time [...]
SEOUL, Oct. 13 (Korea Bizwire) – The Supreme Court of Korea has ordered the government to provide compensation to dozens of people who experienced humiliation using toilets in extremely poor condition at a detention center. It’s the first time the Supreme Court has reached a verdict in favor of plaintiffs over a case involving a poorly [...]
SEOUL, Oct. 13 (Korea Bizwire) — A new report has revealed South Koreans are among the most enthusiastic users of online shopping apps, with the average person devoting 90 minutes every month to their use. The report published by mobile application analytics service App Annie on Thursday showed South Koreans spend 90 minutes on mobile shopping [...]
SEOUL, Oct. 13 (Korea Bizwire) — A new study has revealed over half of teenagers placed on juvenile probation in South Korea have at least one form of sexually transmitted disease, as researchers warn the government to do more to prevent and manage the spread of STDs. The shocking findings come from a study conducted by [...]
SEOUL, Oct. 13 (Korea Bizwire) — South Korean skincare company AmorePacific has launched a new makeup campaign dubbed ‘Make Up Your Life’ for cancer patients, which will see the company’s door-to-door salespeople known as ‘Amore Counselors’ visit hospitals across the country to give makeup advice and beauty counseling. Beginning at Korea University Guro Hospital on [...]
SEOUL, Oct. 13 (Korea Bizwire) – South Korean boy band BTS’s music video for their latest single, ‘DNA’, has surpassed 100 million views on YouTube less than four weeks after its launch, making the band the fastest K-pop group to hit the 100 million milestone on the video giant’s platform. According to a Thursday statement from [...]