SEOUL, Jan. 13 (Korea Bizwire) –Prominent figures in the Korean cultural and arts community, including director Bong Joon-ho, have called for a thorough investigation into the death of actor Lee Sun-kyun, who committed suicide amidst a police investigation for alleged drug use. On January 12, the newly-formed Association of Solidarity of Cultural Artists held a [...]
SEOUL, Jan. 13 (Korea Bizwire) –Coupang has re-established direct sales with LG Household & Health Care (LG H&H), nearly five years after the latter pulled its products from the Coupang platform following a dispute over pricing. This move comes with large manufacturers and distribution chains increasingly joining the anti-Coupang front, and Chinese shopping platforms like [...]
SEOUL, Jan. 12 (Korea Bizwire) – A South Korean civic group is initiating a class-action lawsuit to help parents recoup some of the excessive fees spent on college consulting services. Professor Yang Jeong-ho of Sungkyunkwan University’s Department of Education announced the plan at a seminar on so-called private education cartels held at the Korea Press Center [...]
JEJU, Jan. 12 (Korea Bizwire) – The playful and innocent gestures of moon bears, successfully adapted to their new home on Jeju island, will be open for public viewing starting from January 13. On January 11, Jeju officials announced that four moon bears, relocated from a private facility in Yongin, Gyeonggi Province, to Jeju last December, [...]
SEOUL, Jan. 12 (Korea Bizwire) – Barbara Zitwer, an American literary agent renowned for bringing Korean authors like Shin Kyung-sook and Han Kang to global prominence, has released a book about her travels in Korea, titled ‘The Korean Book of Happiness’. Preferring the nickname “Barbara,” she compiles her experiences in the book, recommending unique cultural aspects, [...]
SEOUL, Jan. 12 (Korea Bizwire) – In a significant court ruling, former executives of SK Chemical and Aekyung Industrial were found guilty on January 11 for their involvement in selling harmful humidifier disinfectants. This judgment effectively acknowledges the causal link between all humidifier disinfectant ingredients and lung diseases. The Seoul High Court sentenced former SK Chemical [...]
SEOUL, Jan. 12 (Yonhap) — Foreign investors remained net buyers of South Korean stocks for a second consecutive month in December, data showed Friday. Offshore investors purchased a net 3.14 trillion won (US$2.38 billion) worth of local stocks last month, following their net purchase of 3.3 trillion won in November, according to the data from [...]
SEOUL, Jan. 12 (Korea Bizwire) – KakaoStyle’s fashion commerce platform, Zigzag, announced on January 11 that an analysis of last year’s search and purchase data revealed that customers take an average of 3.4 days from searching for a product to making a purchase. Breaking down the data by category, the beauty sector showed the shortest duration, [...]
SEOUL, Jan. 12 (Korea Bizwire) – In a significant advancement for military training facilities, the South Korean Army has unveiled the nation’s first shooting range with a barrier wall structure, designed to drastically reduce grenade shrapnel, stray bullets, and firing noise. This ground-breaking development represents a major step forward in enhancing both training efficiency and community [...]
HWACHEON, Jan. 12 (Korea Bizwire) – The 2024 Hwacheon Sancheoneo Ice Festival in South Korea will feature a splash of Ethiopian culture for the second year in a row, as Hwacheon County announced the operation of an Ethiopian promotional pavilion at the festival site on January 10. At the pavilion, Ethiopian youths adorned in traditional attire [...]