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Young S. Koreans Addicted to High Risk, High Return Cryptocurrencies

Young S. Koreans Addicted to High Risk, High Return Cryptocurrencies

SEOUL, April 26 (Korea Bizwire) – With the cryptocurrency investment fever spreading among South Korea’s young generation in their 20s and 30s, some are showing signs of ‘cryptocurrency addiction.’ A 28-year-old office worker surnamed Nam confessed that he is showing signs of addiction, with his mood changing from joy to sorrow or vice versa everyday [...]

Hyundai Motor Group’s Office Workers Begin Process to Form Union

Hyundai Motor Group’s Office Workers Begin Process to Form Union

SEOUL, April 26 (Korea Bizwire) — Office workers at Hyundai Motor Group began the process to set up a union to seek higher wages and better working conditions, the company said Monday. Nonmanufacturing employees at South Korea’s leading carmaker have submitted documents to the Ministry of Employment and Labor to build their own union, separately [...]

POSCO Embarks on Reforestation Project After Creating Matching Fund with Australia’s BHP

POSCO Embarks on Reforestation Project After Creating Matching Fund with Australia’s BHP

SEOUL, April 26 (Korea Bizwire) — South Korea’s leading steelmaker POSCO has embarked on a project to restore deforested areas through partnerships with a string of domestic and international companies. On Saturday, POSCO held a tree planting event in Pyeongchang County, Gangwon Province along with Australian mining giant BHP Group Ltd. and local social enterprise [...]

Police Seek to Adopt Auto-lock Systems for DUI Offenders

Police Seek to Adopt Auto-lock Systems for DUI Offenders

SEOUL, April 25 (Korea Bizwire) — In efforts to clamp down on repetitive drunk driving, South Korean police are looking at introducing automatic lock systems in cars owned by people with drunk driving track records. “Police plan to launch a research project in cooperation with the traffic authority next month, focusing on the details and [...]

Belgian Embassy Faces Mounting Criticism for Not Sincerely Apologizing over Assault Incident

Belgian Embassy Faces Mounting Criticism for Not Sincerely Apologizing over Assault Incident

SEOUL, April 23 (Korea Bizwire) — The Belgian Embassy in Seoul received a deluge of angry public comments online on Friday for its ambassador’s failure to sincerely apologize over a recent assault incident involving his wife. On Thursday, the embassy released a statement on its Facebook page, in which it said Ambassador Peter Lescouhier sincerely [...]

Korean Civic Group Starts Litigation Against Japan’s Fukushima Decision

Korean Civic Group Starts Litigation Against Japan’s Fukushima Decision

BUSAN, April 22 (Korea Bizwire) — A civic environmental organization here said Thursday it has filed for a court injunction against Japan’s planned release of contaminated water from its wrecked Fukushima nuclear power plant. Members of the Korean Federation for Environmental Movement in Pusan said their lawsuit was lodged against the operator of the Fukushima [...]

Seoul’s Seocho District Introduces ‘Water Drop’ Traffic Lanes to Raise Visibility

Seoul’s Seocho District Introduces ‘Water Drop’ Traffic Lanes to Raise Visibility

SEOUL, April 22 (Korea Bizwire) — Seoul’s Seocho District said Wednesday that it has set up two ‘water drop traffic safety lanes’, known for their clear visibility both at night or during rain, as part of a pilot project. The lanes, shaped like water drops woven into straight lines, are drawn using room temperature setting [...]