SEOUL, June 28 (Korea Bizwire) – South Korea’s department store chains have been opening a series of pop-up stores to showcase new and captivating products, positioning themselves as trendsetters for individuals in their 20s and 30s. Hyundai Seoul solidified its trendsetting status by launching over 250 pop-up stores last year, attracting more than 2 million [...]
SEOUL, June 28 (Korea Bizwire) — A post recently appeared on an online secondhand marketplace where products from the U.S. burger franchise Five Guys were being resold at higher prices. Five Guys on Monday opened its first South Korean restaurant in Seoul’s Gangnam neighborhood. Despite the rainy weather, around 400 people braved the long line, [...]
WASHINGTON, June 27 (Korea Bizwire) — A majority of South Koreans hold a positive view of the United States and President Joe Biden while more than seven out of every 10 South Koreans also believe the U.S. contributes to global peace and stability, a poll showed Tuesday. In a 23-nation survey conducted by the Pew [...]
SEOUL, June 25 (Korea Bizwire) – Hyundai Engineering & Construction Co. has signed an agreement with Saudi Arabia’s state oil company Aramco to build a mega petrochemical plant in the east of the Middle Eastern country, Seoul’s land ministry said Sunday. The US$5 billion Amiral project aims to establish a facility to manufacture basic petrochemical [...]
SEOUL, June 23 (Korea Bizwire) — Korean researchers have discovered a method to differentiate high-risk dementia patients from others by analyzing eye movement patterns. The research team from the Korea Institute of Oriental Medicine and Chosun University monitored and analyzed the eye movements of 594 senior participants who took part in a five-minute cognitive study [...]
SEOUL, June 23 (Korea Bizwire) — L&F Co., a South Korean manufacturer of secondary battery materials, said Friday it has clinched a preliminary agreement with Japan’s Mitsubishi Chemical Group to collaborate on the supply of battery-grade anode materials, one of the four key components for electric vehicle (EV) batteries. The memorandum of understanding, signed Thursday, [...]
SEOUL, June 23 (Korea Bizwire) — Individuals who prioritize religion over secularity tend to hold more negative attitudes towards sexual minorities, a study showed Thursday. A research team from the Department of Psychology at Sungshin Women’s University released an academic paper in which it conducted a Pearson correlation analysis of 308 non-sexual minorities aged from [...]
SEOUL, June 23 (Korea Bizwire) — Kakao Healthcare, a digital healthcare unit of South Korean tech giant Kakao Corp., said Thursday it has signed a contract with the U.S. medical device company DexCom, Inc. to enhance collaboration in blood glucose management services. Both parties will offer digital blood glucose management services by leveraging their respective [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it has signed an initial pact with a Japanese culture content company to promote sales of zero-emission vehicles in the neighboring country. Hyundai Motor signed a memorandum of understanding (MOU) with the Culture Convenience Club (CCC) for partnerships in car-sharing mobility services, [...]
SEOUL, June 20 (Korea Bizwire) — South Korea’s major travel booking platform Interpark Corp. on Tuesday announced its vision to attract 50 million foreign travelers to South Korea annually by 2028 as it has changed its name to Interpark Triple Corp. Interpark Triple said it plans to develop K-travel package programs and tourism in local [...]