SEOUL, Nov. 17 (Korea Bizwire) — South Korea plans to impose stricter disclosure requirements on listed companies’ executive compensation and expand access to shareholder voting information, in a move aimed at improving market transparency and strengthening investor rights, the Financial Services Commission (FSC) announced Sunday. Under the reform package — titled Measures to Improve Corporate Disclosure [...]
SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics is set to launch its first dual-folding smartphone, the Galaxy Z Trifold, next month, marking a new step in the evolution of foldable devices. According to industry sources, Samsung will hold an official launch event on December 5 to introduce the Trifold and begin domestic sales. The model, [...]
SEOUL, Nov. 12 (Korea Bizwire) — Both Samsung Electronics and Apple are expected to revamp their flagship smartphone lineups in 2026 after the disappointing performance of their ultra-thin models released earlier this year, 2025. Apple introduced the iPhone Air in September 2025, a 5.6-millimeter-thick, 165-gram handset replacing the traditional “Plus” model in the iPhone 17 series. [...]
SUNCHEON, South Korea, Nov. 11 (Korea Bizwire) — The families of those killed in the 1948 Yeosu-Suncheon Incident say they are being wronged a second time—this time not by soldiers, but by lawyers. More than seventy-five years after their parents and grandparents were branded traitors and executed during South Korea’s turbulent birth, survivors are now accusing [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s once-niche men’s cosmetics industry is rapidly emerging as a major growth engine for K-beauty, driven by changing attitudes toward grooming and self-care among younger male consumers. Once limited to simple skin lotion sets, the market has expanded to include makeup, fragrance, and scalp-care products as more men embrace [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s elite Air Force aerobatic team, the Black Eagles, will not participate in this month’s Dubai Airshow after Japan refused to allow the team’s jets to refuel at one of its bases, citing recent training near the disputed Dokdo islets, military sources said Thursday. According to officials, the South [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korea’s ruling party is moving swiftly to legislate an extension of the retirement age to 65 by the end of the year, backed by the nation’s two largest labor unions. But the country’s major business groups are warning that the proposal could amplify management uncertainty and deepen structural problems [...]
SEOUL, Nov. 5 (Korea Bizwire) – The number of South Koreans that remain economically inactive rose from a year earlier in 2025, amid a steady increase in the number of people who say they have no particular reason for not working, government data showed Wednesday. A total of 16.22 million individuals had remained economically inactive [...]
SEOUL, Nov. 5 (Korea Bizwire) — As the South Korean government tightens oversight of new weight-loss drugs such as Wegovy and Mounjaro to curb misuse, some users are sidestepping domestic restrictions by traveling to Japan for easier access. Despite recent price stabilization in the domestic market, a growing number of South Koreans are turning to Japanese [...]
SEOUL, Nov. 5 (Korea Bizwire) — Xiaomi announced Tuesday that it will launch a special discount event for its flagship smartphone, the Xiaomi 15 Ultra, after Chinese President Xi Jinping presented the device to South Korean President Lee Jae-myung during their recent summit. Xiaomi Korea said it was “honored” that one of its latest flagship models [...]