SEOUL, Feb. 14 (Korea Bizwire) — In an odd unfolding of events, the recent controversy over remarks by dismissed NBC commentator and so-called ‘Asia expert’ Joshua Cooper Ramo may end up pushing South Koreans to choose between love of country or love of Starbucks. The controversy flared up on February 9, during the NBC broadcast [...]
SEOUL, Feb. 14 (Korea Bizwire) – Compared to last year, revenue generated from location-based services has been forecast to grow by 24.8 percent to reach 1.2 trillion won this year. Per the Korea Internet and Security Agency (KISA), last year’s revenue was pegged at 976.9 billion won. Data was gathered in a study conducted last [...]
SEOUL, Feb. 14 (Korea Bizwire) — German luxury carmakers Mercedes-Benz and BMW will voluntarily recall more than 3,000 vehicles to fix faulty parts, the transport ministry said Wednesday. Mercedes-Benz’s recall — set to begin later in the day — affects 1,440 units of 21 different models produced between January and June 2017, including the GLS [...]
WASHINGTON, Feb. 14 (Korea Bizwire) — U.S. President Donald Trump on Tuesday hailed General Motors Co.’s decision to shut down a plant in South Korea, saying the carmaker will now “move back” to Detroit. GM announced the same day that it will close one of its four car assembly plants in South Korea by the [...]
SEJONG, Feb. 14 (Korea Bizwire) — South Korea’s jobless rate remained unchanged at 3.7 percent in January, government data showed Wednesday. The number of employed people reached 26.21 million in January, up 334,000 from a year earlier and accelerating from the previous month’s on-year rise of 257,000, according to the report compiled by Statistics Korea. [...]
SEOUL, Feb. 14 (Korea Bizwire) — K-pop boy band BTS has been on the Billboard 200 for the 18th consecutive week thanks to its latest EP “Love Yourself: Her.” The album, released in September, ranked No. 71 on Billboard’s main albums chart for this week, according to Billboard’s website Tuesday (U.S. time). It ranked first [...]
GANGNEUNG, South Korea, Feb. 14 (Korea Bizwire) — When home favorite Choi Min-jeong finished second in the women’s 500-meter short track finals at the PyeongChang Olympics on Tuesday, the Gangneung Ice Arena was filled with cheers and celebrations for Korea’s first silver medal in the event. But a few minutes later, she was disqualified due [...]
SEOUL, Feb. 14 (Korea Bizwire) — Samsung Electronics Co.’s upcoming Galaxy S9 smartphone is likely to feature an improved “Infinity Display” and a camera that can shoot DSLR pictures, according to industry sources and news reports Wednesday. An invitation released by Samsung to the media bore the slogan “The Camera. Reimagined,” suggesting huge improvements in [...]
SEOUL, Feb. 14 (Korea Bizwire) – Revenue worries in the aftermath of healthcare reforms dubbed “Moon Jae-in Care” are keeping hospitals’ coffers closed even as the government takes pains to encourage the medical sector to invest in new infrastructure. After initially earmarking 390 billion won for a medical facility in “city of the future” Songdo [...]
SEOUL, Feb. 14 (Korea Bizwire) – “Though bouts of morning sickness are normally indicative of a healthy pregnancy, severe cases can cause nutritional imbalances that interfere in the supply of folic acid, increasing the chances of deformed and low-birth weight newborns.” Dr. Han Jeong-yeol of Cheil General Hospital, who led a study into the effects [...]