SEOUL, Nov. 15 (Korea Bizwire) – In response to ongoing inflation, South Korean consumers are expected to evolve beyond simple cost-cutting measures to adopt more sophisticated “wiser wallets” spending patterns in the coming year, according to a new global consumer trends report. The “2025 Global Consumer Trends Report,” released on November 14 by global data analytics [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korean shipyards appear upbeat over potential opportunities to expand their business in America after U.S. President-elect Donald Trump’s call for more bilateral cooperation in the sector. In his phone conversation with South Korean President Yoon Suk Yeol following his election victory last week, Trump said the U.S. seeks to work [...]
SEOUL, Nov. 14 (Korea Bizwire) – A new short film starring Kim Nam-gil, co-produced with KB Kookmin Bank, is set to premiere exclusively at Lotte Cinema on November 20, joining a growing trend of abbreviated theatrical releases in South Korea known as “snack movies.” The 31-minute film, “How to Open a Door” will be screened for [...]
SEOUL, Nov. 12 (Korea Bizwire) – Nearly 7 in 10 South Koreans believe that couples can live together without getting married, and almost 40 percent support having children outside of wedlock, a government report showed Tuesday, signaling a shift in perceptions around marriage and childbearing in the traditionally conservative country. The report was based on [...]
SEOUL, Nov. 11 (Korea Bizwire) – As temperatures drop in Seoul, a long-simmering conflict over the care of stray cats is heating up again, pitting animal welfare advocates against local residents concerned about nuisance and ecological impact. “We must prevent these babies from freezing to death,” said a resident of Seoul’s Gwanak district, who has been [...]
SEOUL & Washington, Nov. 10 (Korea Bizwire) – In the wake of Donald Trump’s election as the 47th President of the United States, a growing number of American women are embracing the “4B movement,” a social protest originally popularized in South Korea that advocates for abstaining from dating, marriage, childbirth, and sexual relationships as a response [...]
SEOUL, Nov. 9 (Korea Bizwire) – In 2021, a retired racehorse named Mariage met a tragic end during the filming of a scene for the KBS drama “The King of Tears, Lee Bangwon.” Three years later, as animal rights advocates gathered to commemorate the horse’s death, promised reforms for animal performer protection remain largely unrealized. “Dear [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korean markets experienced sharp divergence on November 7 as Donald Trump’s election victory triggered significant movements across different sectors, with shipbuilding companies surging while clean energy stocks tumbled. The former U.S. president’s conversation with South Korean President Yoon Suk Yeol, during which he expressed interest in bilateral shipbuilding cooperation, [...]
SEOUL, Nov. 8 (Korea Bizwire) – According to a new study released on November 7 by the Korea CXO Research Institute, employees at Korea’s top 100 companies face steep odds in reaching executive positions, with chances falling below 1%. The study, which examined promotion possibilities at the country’s 100 largest listed companies by revenue, revealed that [...]
SEOUL, Nov. 7 (Korea Bizwire) — Donald Trump’s return to the White House is expected to have a significant impact on the export-driven South Korean economy and increase market volatility as he has warned of protectionist policies, decoupling from China and other drastic policy shifts across the board, experts said Thursday. “If the policy stance [...]