SEOUL, June 8 (Korea Bizwire) – A South Korean research team has successfully cloned a pig with dementia named ‘Jenu Pig’, making the team the first in the world to develop a laboratory animal showing symptoms of the mental illness similar to humans, which will be used as an experimental model in developing a dementia [...]
SEOUL, June 8 (Korea Bizwire) – LG Chem Ltd., South Korea’s top chemical firm, said Wednesday that it has received a US$12.6 million grant from the Bill & Melinda Gates Foundation to develop a new polio vaccine. The grant will be used to expand LG Chem’s facility in South Korea and conduct medical trials of its new polio vaccine in overseas countries, LG Chem said in a statement. Since 2014, LG Chem has been developing an inactivated vaccine forpolio, with a second-phase [...]
SEJONG, June 8 (Korea Bizwire) – The growth of real income of South Koreans has risen at a slower pace than that of economic growth over the past five years, government data showed Wednesday. The average real income of local businesses with at least five employees was 3.39 million (US$3,000) per month last year, up 2.8 percent from a year earlier, according to the data by the Ministry of Strategy and [...]
SEOUL, June 7 (Korea Bizwire) – The government said Wednesday that it will set up overseas institutes that offer foreigners Korean language courses and Korean culture activities at six universities in six additional countries. The six universities, designated as the new operators of the King Sejong Institute, are Yancheng Teachers University in China’s Jiangsu Province, [...]
SEOUL, June 7 (Korea Bizwire) – A South Korean man who was indicted over calling his neighbor ‘f—ing crazy’ in English during a brawl was found innocent after a unanimous not guilty verdict was delivered by the Constitutional Court of Korea on Tuesday. According to the court, a suspension of the indictment of the South [...]
SEOUL, June 7 (Korea Bizwire) – South Korean university students are being hit hard by the soaring cost of renting an apartment near university campuses around the country, with poor student housing capacity failing to accommodate students, leaving them little choice but to bite the bullet and fork out as much as 700,000 ($623) won [...]
SEOUL, June 7 (Korea Bizwire) – Following controversy surrounding its use of a free cache server in South Korea last month, Facebook, the American social network giant, is once again embroiled in controversy as a growing number of users have complained about the misleading description of its messaging app that tricked many people into downloading [...]
SEOUL, June 7 (Korea Bizwire) – As drone sales worldwide are forecast to reach 2.5 million units this year, the growing interest in unmanned aerial vehicles in South Korea is seeing a number of drone events take place around the country. The Ministry of Land, Infrastructure, and Transport (MOLIT) is holding a competition for 3D [...]
JEJU, June 7 (Korea Bizwire) – The provincial government of Jeju Island said Wednesday it has decided to cull more than 124,000 chickens in the coming days to prevent the spread of avian influenza, which hit the southern resort island late last week. The provincial government has culled about 9,000 chickens since Friday, meaning about [...]
SEOUL, June 7 (Korea Bizwire) – South Korea’s top carmaker Hyundai Motor Co. said Wednesday it will work with Chinese technology giant Baidu, Inc. to develop a navigation system for its vehicles that will be sold in the world’s biggest auto market. Hyundai and Baidu will jointly develop “Baidu MapAuto” and a voice recognition system [...]