SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s largest online bookseller, Yes24, announced Thursday that President Lee Jae Myung’s book, The People Will Prevail (Ultimately, It’s Up to the People), has been selected as its “Book of the Year,” topping a record-breaking 1.195 million votes cast by readers. The title received 15,788 votes, or 3.4 percent [...]
SEOUL, Dec. 3 (Korea Bizwire) — Artificial intelligence–powered home appliances have rapidly moved from novelty to necessity in South Korea, with online reviews of such products increasing more than 250-fold over the past five years, according to new industry data. A study released Wednesday by CEO Score, a corporate data research firm, found that reviews of [...]
SEJONG, Dec. 3 (Korea Bizwire) — A majority of South Koreans say they feel unsafe about the risk of personal data breaches, reflecting rising anxiety amid a surge in hacking incidents and expanding digital services, according to new government data. The latest Social Survey from the National Data Office shows that 57.6 percent of respondents last [...]
SEOUL, Nov. 27 (Korea Bizwire) — A public petition opposing a potential ban on South Korea’s popular dawn delivery services surpassed 25,000 signatures on Thursday, one day before a government-labor-industry dialogue committee is set to meet for a third round of discussions on the issue. The petition, filed by a self-described working mother, argues that overnight [...]
SEOUL, Nov. 27 (Korea Bizwire) — What once felt like the plot of a workplace drama is increasingly echoing real life for many middle-aged South Koreans. In the popular series The Dream Life of Mr.Kim (the story of manager Kim working at a large company in Seoul), a seemingly secure executive finds himself abruptly sidelined and [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korean consumer confidence climbed to its highest level in eight years this month, buoyed by easing trade uncertainty and stronger-than-expected economic data, according to a Bank of Korea survey released Tuesday. The central bank’s Composite Consumer Sentiment Index (CCSI) rose to 112.4 in November, up 2.6 points from October [...]
SEOUL, Nov. 24 (Korea Bizwire) — Korean fried chicken has emerged as the most frequently eaten and most beloved Korean dish among global consumers over the past year, according to a new international survey released Sunday. The annual overseas Korean food consumption study, conducted by South Korea’s Ministry of Agriculture, Food and Rural Affairs and the [...]
SEOUL, Nov. 21 (Korea Bizwire) — As generative artificial intelligence becomes mainstream in game development, a fierce debate is emerging over the use of AI-generated art, voice acting and other digital assets — with players and creators accusing studios of sacrificing quality and authenticity for efficiency. The controversy resurfaced sharply after Activision acknowledged using AI in [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers in their 20s and 30s say the country should extend the legal retirement age, reflecting deepening economic anxieties and concerns about old-age security, according to a new survey released Wednesday. The poll, conducted by Remember & Company, which operates the professional networking [...]
SEOUL, Nov. 17 (Korea Bizwire) — Natural gas prices have surged to their highest level in nearly three years, lifting related exchange-traded notes (ETNs) while exposing South Korean retail investors to mounting losses after many bet on the market moving in the opposite direction. Between Nov. 1 and 14, nine of the ten best-performing ETNs in [...]