SEOUL, April 12 (Korea Bizwire) – Researchers said Wednesday they have found that lactic acid bacteria in kimchi, a traditional Korean fermented vegetable dish, is potentially effective in treating atopic dermatitis, a chronic inflammatory skin disease. The team, led by Choi Hak-jong, a senior researcher at the government-funded World Institute of Kimchi, said it has [...]
SEOUL, April 12 (Korea Bizwire) – Hyundai Motor Co. will unveil an all-new concept car under its Genesis luxury brand at the New York Auto Show, the South Korean carmaker said Wednesday. “We are planning to debut a new sport-utility vehicle concept in New York early tomorrow morning,” a company spokesman said. Hyundai will hold [...]
SEOUL, April 12 (Korea Bizwire) – Hundreds of white hackers and cybersecurity experts from both home and abroad gathered in South Korea to reinforce and show off their skills against hacking attacks. The Codegate 2017 International Hacking Competition and Global IT and Security Conference opened in Seoul for a three-day run. The annual event, the [...]
SEOUL, April 12 (Korea Bizwire) – With Easter just around the corner, some reports emerged that many South Korean churches are defying a centuries-old tradition and doing away with eggs this year, as a result of high egg prices due to avian influenza, with some churches opting for rice cakes and small plants instead. Myeongdong Cathedral [...]
SEOUL, April 12 (Korea Bizwire) – In the wake of growing concerns over the future of one of South Korea’s biggest shipbuilding companies, DaeWoo Shipbuilding & Marine Engineering (DSME), more than 90 percent of employees have agreed to return some of their salary as part of a collective effort to cut spending and save the company. [...]
SEOUL, April 12 (Korea Bizwire) – The city government of Seongnam has received a warm reception for its attention to detail after resident cyclists discovered bicycle rails installed on stepping stones across the local Unjungcheon Stream. Seongnam residents are responding positively to two new bicycle rails installed along the stream that runs from the Pangyo area [...]
SEOUL, April 12 (Korea Bizwire) – South Korea’s household loans extended by local banks rose 10 percent in March from a year earlier due to increased mortgages, central bank data showed Wednesday. Outstanding household loans from local lenders came to 713.9 trillion won (US$621 billion) as of end-March, compared with 649 trillion won from a [...]
SEOUL, April 12 (Korea Bizwire) – The won’s movement against the dollar widened slightly in March from a month earlier, central bank data showed Wednesday. The session-over-session changes in the dollar-won exchange rate averaged 0.47 percent last month, compared to 0.39 in February, the Bank of Korea (BOK) said. “The won rose against the dollar [...]
SEOUL, April 11 (Korea Bizwire) – As South Korea and China continue to clash head on in both politics and environmental issues, the anti-Chinese sentiment in South Korea is seeing a notable increase. In addition to political conflict over the deployment of an American THAAD missile system that has devastated the South Korean tourism industry, the [...]
SEOUL, April 11 (Korea Bizwire) – Following its new artificial intelligence-based search service, Naver, South Korea’s biggest web portal, is developing its own location-aware recommendation system called LARS, which will assist people with detailed information about locations that are commonly visited. Researchers have been developing a new LARS system that analyzes the information gathered with the [...]