BUSAN, June 5 (Korea Bizwire) — In the film “A Time to Kill (1996),” a black father takes the law into his own hands when he shoots and kills two white men in a courtroom. He commits this act of vigilante justice as a response to the rape of his young daughter by two white [...]
SEOUL, June 3 (Korea Bizwire) — Despite a gradual increase in sleep duration among Koreans, the prevalence of inadequate sleep persists, accompanied by a concerning decline in sleep quality. Imbalanced sleep patterns pose a significant risk to mental health. The average amount of sleep South Koreans get has experienced a gradual increase over the past [...]
SEOUL, June 2 (Korea Bizwire) — Jeju Samdasoo, one of the most popular bottled water brands in South Korea, joyfully announced its 25th anniversary celebration on Wednesday, accompanied by a remarkable achievement of cumulative sales exceeding 3.5 trillion won (US$2.68 billion). With an unwavering market dominance of 40 percent over the past five years, this [...]
SEOUL, June 1 (Korea Bizwire) — Hyundai Motor Group is set to commence the construction of an electric vehicle (EV) battery system plant in Indonesia, investing approximately US$60 million. Indonesia, along with Thailand, is emerging as a significant country in the EV industry within the Association of Southeast Asian Nations (ASEAN) region. While Japanese automakers [...]
SEOUL, May 31 (Korea Bizwire) — A Japanese warship displaying the Japan-Self Defense Forces flag, reminiscent of the Rising Sun Flag, arrived at the Port of Busan on Monday, stirring strong reactions from civic groups who view the flag as a symbol of past wartime aggression. The contentious matter has spilled into the political arena, [...]
SEOUL, May 29 (Korea Bizwire) — A majority of smokers in South Korea believe that compensation aids in smoking cessation, with many expressing a preference for monetary compensation, a report showed Sunday. According to the report published by the Korean Society for Research on Nicotine and Tobacco, 69.3 percent of smokers believed that providing compensation [...]
SEOUL, May 29 (Korea Bizwire) — In the area of methanol-powered ships, which have emerged as a game changer in the shipbuilding industry, competition is heating up between South Korea and China. HD Hyundai Heavy Industries Co. held a keel-laying ceremony last week to place the first block of a methanol dual fuel container ship [...]
SEOUL, May 26 (Korea Bizwire) — Major electronics companies in South Korea are grappling with weak financial performance and rising labor costs, while automakers have experienced a relative decline in labor costs, a market research firm said Thursday. The Korea CXO Institute conducted an analysis of labor cost changes at major conglomerates between 2018 and [...]
SEOUL, May 25 (Korea Bizwire) — After an on-site inspection of Fukushima’s contaminated water conducted by a team that excluded civilian experts, concerns have arisen regarding Japan’s push to resume seafood imports from Fukushima. The verification of the contaminated water is nearly impossible, making it highly likely that Japan’s next move will involve lifting the [...]
SEOUL, May 25 (Korea Bizwire) — In the realm of South Korean media, scant attention is being paid to the ongoing inspection mission taking place in Fukushima, Japan, where contaminated water poses a persistent threat. The reason behind this lack of coverage lies in the South Korean government’s sympathetic stance toward its Japanese counterparts, leading [...]