SEOUL, April 6 (Korea Bizwire) — In the aftermath of former President Yoon Suk-yeol’s impeachment earlier this year, a faction of his staunch supporters has turned against South Korea’s mainstream media, embracing conspiracy theories and fringe platforms as primary sources of information. These supporters, whose political fervor transcends traditional left-right divisions, have vilified journalists at public [...]
SEOUL, April 5 (Korea Bizwire) — The ousting of President Yoon Suk Yeol by South Korea’s Constitutional Court on April 4 has intensified political and societal divisions across the nation. The unanimous decision upheld Yoon’s impeachment over his December 2024 declaration of martial law, citing severe constitutional violations. Yoon’s attempt to deploy military forces [...]
SEOUL, April 3 (Korea Bizwire) — South Korea’s economy will likely face headwinds as the U.S. administration’s plan to impose “reciprocal” tariffs is expected to deal a severe blow to the country’s shipments to the United States, while seriously disrupting the global market that may again adversely affect South Korean exports, local experts said. They [...]
SEOUL, April 3 (Korea Bizwire) — A quiet hillside arrest. A missing teenager. A fragment of a report, dated August 17, 1994, offers little more than this: “Took refuge in a mountain near the village, was captured by military police forces, later disappeared while imprisoned on the mainland.” The boy’s name was Yang Byung-in. He was [...]
SEOUL, April 3 (Korea Bizwire) — U.S. President Donald Trump’s announcement on “reciprocal” tariffs Wednesday appears to have put South Korea deeper into a soul-searching mode over its growing reliance on the United States for trade, as the protectionist move further jeopardized the fate of a bilateral free trade agreement (FTA). Trump announced a 10 [...]
SEOUL, April 1 (Korea Bizwire) — A recent South Korean Supreme Court ruling requiring companies to include conditional regular bonuses in base wages is placing significant financial pressure on employers, particularly smaller firms, according to a new survey released Sunday by the Korea Chamber of Commerce and Industry (KCCI). The emergency survey, conducted 100 days after [...]
SEOUL, April 1 (Korea Bizwire) — More than seven in ten South Koreans view the potential privacy risks associated with artificial intelligence (AI) as serious, according to a new national survey released Sunday by the Personal Information Protection Commission. The 2024 Personal Data Protection and Utilization Survey, conducted between September and December of last year, gathered [...]
SEOUL, March 31 (Korea Bizwire) — The government of South Korea faces mounting pressure from the United States to commit to purchasing liquefied natural gas (LNG) from Alaska, a move that could carry significant economic and geopolitical consequences for Seoul. But despite a visit by Alaska Governor Mike Dunleavy last week and growing American expectations, South [...]
SEOUL, March 31 (Korea Bizwire) — South Korea’s quick commerce (or “Q-commerce”) market—defined by delivery times under an hour—is rapidly expanding as major players including Emart, Naver, and Daiso aggressively enter the fray, intensifying competition in the nation’s retail and e-commerce sectors. Emart, the country’s largest hypermarket chain, has quietly rejoined the Q-commerce arena after [...]
SEOUL, March 30 (Korea Bizwire) — South Korea officially rolled out its high school credit system this month, transforming the educational landscape by allowing students to customize their coursework much like university students. The program, long in development, aims to foster individualized learning paths and better align education with students’ career aspirations. At Dangok High [...]