SEOUL, Nov. 26 (Korea Bizwire) — Director Yeon Sang-ho of the supernatural horror series “Hellbound” said he was stunned to learn that the film debuted at No. 1 on the most-watched TV program list shortly after its global release on Netflix earlier this month. Yeon, who had directed the hit zombie thriller “Train to Busan” [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea plans to step up the production of clean hydrogen and expand its production and consumption infrastructures to make it the country’s No. 1 energy source by 2050, the industry ministry said Friday. The plans are part of the government’s comprehensive blueprint on the hydrogen economy, as the [...]
SEOUL, Nov. 25 (Korea Bizwire) — Prime Minister Kim Boo-kyum said Thursday the government will form a civilian-led consultative body to produce a social consensus on whether to ban dog meat consumption. Kim made the remark while presiding over a government policy coordination meeting, saying relevant ministries should make active efforts to determine the facts [...]
SEOUL, Nov. 23 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Lee Jae-yong has met with the chiefs of Google and Microsoft to discuss future cooperation in chips, software and others, Samsung officials said Tuesday. The meetings earlier this week with Google CEO Sundar Pichai and Microsoft CEO Satya Nadella came as the world’s largest [...]
SEOUL, Nov. 22 (Korea Bizwire) — The pandemic has prompted many shoppers to make their purchases online, resulting in booming online sales across the retail landscape with the exception of a few regulated fields. The value of online shopping transactions stood at 46.9 trillion won (US$40.8 billion) in the April to June period of this [...]
SEOUL, Nov. 21 (Korea Bizwire) — Many North Korea watchers were doubtful when Kim Jong-un, then 27, took over the Hermit Kingdom in December 2011 following the sudden death of his father, Kim Jong-il. A decade later, apparently, few question Kim’s grip on power, despite a host of challenges, such as its moribund economy, amid [...]
SEOUL, Nov. 18 (Korea Bizwire) — SK hynix Inc., a major South Korean memory chip maker, said Thursday that it will flexibly operate its Chinese plant as its plan to overhaul the facility could be jeopardized amid the escalating tech tussle between the United States and China. “We have nothing to say on the matter. [...]
SEOUL, Nov. 17 (Korea Bizwire) — With home and jeonse rent prices skyrocketing and the scarcity of new homes on offer deepening in the South Korean capital of Seoul, the number of residents leaving the city has been accelerating for several years in a row. The number of residents who moved from Seoul to other [...]
SEOUL, Nov. 14 (Korea Bizwire) — Truck driver Kim Jeong-seok had never imagined that urea solution, normally a cheap and easy-to-buy item used in his diesel vehicle, would slip out of his reach, creating a scarcity that has threatened his livelihood and exposed vulnerabilities in South Korea’s supply chain. The shortage of urea solution — [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea said Friday the number of COVID-19 patients in critical condition hit a record high as the daily caseload stayed above 2,300 for the third consecutive day amid eased antivirus curbs. The country reported 2,368 new COVID-19 cases, raising the total caseload to 390,719, according to the Korea [...]