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Trump Reaffirms Push for North Korea’s Complete Denuclearization Amid Diplomatic Speculation

Trump Reaffirms Push for North Korea’s Complete Denuclearization Amid Diplomatic Speculation

WASHINGTON, Jan. 29 (Korea Bizwire) — U.S. President Donald Trump will pursue the “complete denuclearization of North Korea,” a White House official said Tuesday, amid questions over whether Trump’s recent reference to the North as a “nuclear power” signaled any policy shift. National Security Council spokesperson Brian Hughes made the remarks shortly after the North’s [...]

K-Fashion and K-Beauty Surge in Japan, Riding Wave of Korean Pop Culture

K-Fashion and K-Beauty Surge in Japan, Riding Wave of Korean Pop Culture

SEOUL, Jan. 29 (Korea Bizwire) —  South Korea’s fashion and beauty industries are gaining significant traction in Japan, driven by the global popularity of K-pop and Korean dramas. Industry players are leveraging this momentum with targeted efforts to expand their presence in the Japanese market. Leading the charge, companies like Musinsa, CJ Olive Young, and department [...]

Chinese AI Startup Shakes Up Global Market, Raising Concerns for U.S. Tech Giants and Korean Semiconductor Industry

Chinese AI Startup Shakes Up Global Market, Raising Concerns for U.S. Tech Giants and Korean Semiconductor Industry

SEOUL, Jan. 28 (Korea Bizwire) —  The emergence of Chinese AI startup DeepSeek has sent shockwaves through the global tech industry, challenging dominant players like Nvidia and raising questions about the future dynamics of the AI and semiconductor sectors. DeepSeek recently unveiled its advanced AI models, including the V3 large language model and the R1 inference-specialized [...]

Controversy Surrounds Saemangeum Airport Over Bird Strike Risks Following Air Disaster

Controversy Surrounds Saemangeum Airport Over Bird Strike Risks Following Air Disaster

JEONJU, South Korea, Jan. 28 (Korea Bizwire) —  The planned Saemangeum International Airport in South Korea is at the center of heated debate, with environmental groups and regional authorities clashing over its potential bird strike risks. Following the Jeju Air disaster at Muan International Airport, concerns have intensified about the safety of constructing an airport near [...]

Lunar New Year Break Sparks Surge in Pet-Sitting Gigs

Lunar New Year Break Sparks Surge in Pet-Sitting Gigs

SEOUL, Jan. 27 (Korea Bizwire) — As South Koreans prepare for what will be an unprecedented nine-day Lunar New Year holiday for some, an unusual employment trend is emerging: a sharp increase in short-term jobs caring for pets, from feeding fish to walking dogs.  According to the online community marketplace Karrot Market, pet-related job postings have [...]

Domestic Violence Reports Surge 30% During Lunar New Year Holiday

Domestic Violence Reports Surge 30% During Lunar New Year Holiday

SEOUL, Jan. 27 (Korea Bizwire) — Data from the National Police Agency has revealed a significant spike in domestic violence incidents during last year’s Lunar New Year holiday period in South Korea, with reports exceeding typical daily averages by 30%. According to police records obtained by Democratic Party lawmaker Yang Bu-nam, authorities received 3,384 domestic violence [...]

Coupang and SSG.com Retain Loyal Customer Base Amid E-Commerce Slowdown

Coupang and SSG.com Retain Loyal Customer Base Amid E-Commerce Slowdown

SEOUL, Jan. 27 (Korea Bizwire) —  South Korea’s e-commerce sector saw a challenging 2024, with economic pressures leading to reduced consumer spending across platforms. Despite these headwinds and competition from Chinese e-commerce players like AliExpress and Temu, Coupang and SSG.com maintained strong customer loyalty, according to data released on January 26 by analytics firm IGAWorks. SSG.com [...]

Study Links Air Pollution to Increased Risk of Kidney and Prostate Cancer

Study Links Air Pollution to Increased Risk of Kidney and Prostate Cancer

SEOUL, Jan. 24 (Korea Bizwire) —  Prolonged exposure to fine particulate matter (PM2.5) may elevate the risk of developing urological cancers, including kidney and prostate cancer, among South Koreans, according to a recent study published in the American Association for Cancer Research Journal. The research, conducted by a team led by Professor Park Yong-hyun from the [...]

Seoul Unveils Ambitious Plan to Become a Global Biotech Leader

Seoul Unveils Ambitious Plan to Become a Global Biotech Leader

SEOUL, Jan. 24 (Korea Bizwire) — The South Korean government has announced an ambitious initiative to position the country as one of the world’s top five biotech powerhouses by establishing a Korean-style bio cluster and accelerating AI- and data-driven biotech research and development (R&D). The plan aims to elevate the biotech industry to a level [...]

Cheil Worldwide to Lead BYD’s Electric Vehicle Launch Campaign in South Korea

Cheil Worldwide to Lead BYD’s Electric Vehicle Launch Campaign in South Korea

SEOUL, Jan. 24 (Korea Bizwire) — Cheil Worldwide announced on January 23 that it will spearhead the marketing launch of BYD’s passenger vehicle brand in South Korea, marking a significant move by the world’s largest electric vehicle manufacturer into the Korean market. The agency has already begun its campaign, releasing the first promotional video for BYD’s [...]