SEOUL, Jan. 9 (Korea Bizwire) – A vast majority of salaried people want to spend money on self development this year, a survey showed Tuesday. About 87.5 percent of respondents said they had plans for self enrichment, according to Hunet, a career education institute. The findings were based on a survey of 872 workers. About [...]
SEOUL, Jan. 9 (Korea Bizwire) – Bitcoin prices on South Korean exchanges have risen today despite hints at government regulation, and a drop in the value of the cryptocurrency in other markets. According to cryptocurrency exchange Bithumb, the price per bitcoin reached 24.7 million won as of 2:30 p.m. today, up 1.4 percent after financial [...]
SEOUL, Jan. 9 (Korea Bizwire) – Household debt in South Korea is growing at one of the fastest rates among OECD countries, which could be a serious threat to quality of life in the future. According to the OECD’s ‘How’s Life? 2017’ report, the debt-to-disposable income ratio of South Korean households was 170 percent as [...]
SEOUL, Jan. 8 (Korea Bizwire) – Going on a diet has once again been named the most popular New Year’s resolution among South Koreans, according to a new big data study. Artificial intelligence-based big data analysis firm Daumsoft released a list of popular New Year’s resolutions on Monday, which showed that for 2018, South Koreans were [...]
SEOUL, Jan. 8 (Korea Bizwire) – Drugmaker Celltrion Inc.’s stock has made significant gains in recent days, surpassing Hyundai Motor Co. in terms of market value, data showed Monday. Celltrion shares jumped 55.12 percent over the past 7 trading sessions to 302,500 won (US$283.29) on Monday closing, pushing the company’s capitalization to a record 37.1 trillion won. Hyundai Motor’s market capitalization stood at 33.2 trillion won as of Monday closing. Celltrion’s [...]
SEOUL, Jan. 8 (Korea Bizwire) – INFINITE returned with its third studio album, ”Top Seed”, on Monday, marking the first major K-pop boy band release of 2018 as well as the group’s first record after being downsized into a six-member act. “In sports, top seed refers to the highest ranking team (in a tournament). We named the album in the spirit [...]
SEOUL, Jan. 8 (Korea Bizwire) – U.S. tech giant Google Inc. came under fire Monday Monday for describing a victim of Japan’s sexual slavery during World War II as a “prostitute” in its Korean-based search engine, which the firm claims was caused by an “error” in its algorithm. Earlier Monday, Google’s search engine described the late Moon Ok-ju, an activist and [...]
SEOUL, Jan. 8 (Korea Bizwire) – Hyundai Motor Co.’s vice chairman confirmed that a business partnership with two U.S. companies is “under way” in the area of autonomous driving technology, the carmaker said Monday. After attending U.S. chipmaker Nvidia’s press conference held in Las Vegas on the sidelines of the Consumer Electronics Show (CES), Hyundai MotorVice Chairman Chung Eui-sun made the remarks when asked whether the company’s “collaboration” with Nvidia and [...]
SEOUL, Jan. 8 (Korea Bizwire) – South Korean figure skater Cha Jun-hwan will skip an international competition later this month as he looks to recover from nagging injuries ahead of the upcoming Winter Olympics, a source close to the athlete said Monday. Cha qualified for South Korea’s lone spot in the men’s singles at the PyeongChang Olympics on Sunday. He rallied to win the three-legged national Olympic trials over Lee June-hyoung, overcoming a 20.29-point deficit prior to the last [...]
SEOUL, Jan. 8 (Korea Bizwire) — Experts have warned parents over the hype surrounding online foreign language courses for children, as excessive exposure could hinder children from learning their mother tongue. With online streaming services like YouTube and Netflix only one click away, parents are now seldom short of foreign language content, which is often shown [...]