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Hyundai Debuts Retro Arcade Game at Gamescom 2025

Hyundai Debuts Retro Arcade Game at Gamescom 2025

COLOGNE, Germany, Aug. 20 (Korea Bizwire) — Hyundai Motor made its debut at Gamescom, the world’s largest gaming convention, unveiling a retro-style arcade game inspired by its latest concept car. From August 20 to 24, the automaker is hosting a booth in the “Retro & Family” section of Gamescom 2025 at the Koelnmesse exhibition center. [...]

Seoul Named World’s Favorite City Among Millennials and Gen Z for Fourth Year

Seoul Named World’s Favorite City Among Millennials and Gen Z for Fourth Year

SEOUL, Aug. 20 (Korea Bizwire) — Seoul has been voted the world’s most beloved city by younger travelers for the fourth consecutive year, cementing its reputation as a global cultural and tourism hub amid the surging popularity of Korean content such as Netflix’s hit animation KPop Demon Hunters. The city government and the Seoul Tourism Organization [...]

Samsung’s New OLED Campaign With Esports Star Faker and Beatbox Champion Draws Nearly 1 Million Views

Samsung’s New OLED Campaign With Esports Star Faker and Beatbox Champion Draws Nearly 1 Million Views

SEOUL, Aug. 20 (Korea Bizwire) — A new Samsung Electronics campaign video featuring esports legend Faker and world beatbox champion Wing has captured the attention of fans online, racking up more than 930,000 views within a week of release. The film, titled “OLED: Feel the Champion’s Rhythm with T1,” pairs Lee “Faker” Sang-hyeok of esports [...]

Midsize Firms See Profit Squeeze Despite Rising Sales

Midsize Firms See Profit Squeeze Despite Rising Sales

  SEOUL, Aug. 20 (Korea Bizwire) — More than half of South Korea’s midsize listed companies saw profits fall in the first half of 2025, as global economic uncertainty and weakening demand weighed on key sectors, new data show. Combined operating profit for 500 midsize firms came to 6.34 trillion won ($4.55 billion) in the [...]

Nongshim Taps Into Netflix Hit ‘KPop Demon Hunters’ With Global Snack Rollout

Nongshim Taps Into Netflix Hit ‘KPop Demon Hunters’ With Global Snack Rollout

SEOUL, Aug. 20 (Korea Bizwire) — Nongshim, South Korea’s leading instant noodle maker, is teaming up with one of Netflix’s latest global sensations to give its iconic snacks a new look. The company announced Wednesday that its flagship Shin Ramyun and Shrimp Crackers will debut in limited-edition packaging later this month featuring characters from KPop [...]

Emissions Fall, but Seoul Warns Deeper Cuts Needed to Hit 2030 Climate Goal

Emissions Fall, but Seoul Warns Deeper Cuts Needed to Hit 2030 Climate Goal

SEJONG, Aug. 20 (Korea Bizwire) — South Korea’s greenhouse gas emissions dropped below 700 million tons last year for the first time in nearly 15 years, driven by a shift from coal to nuclear and renewable energy. The Ministry of Environment’s Greenhouse Gas Inventory and Research Center reported Wednesday that national emissions reached 691.6 million [...]

Study Finds Most Online Shoppers Do Not Seek Refunds for Counterfeit Purchases

Study Finds Most Online Shoppers Do Not Seek Refunds for Counterfeit Purchases

SEOUL, Aug. 20 (Korea Bizwire) – More than half of South Korean consumers who unknowingly purchase counterfeit goods online do not seek refunds, citing complicated procedures and small amounts of money at stake, according to a survey released Tuesday by the Korea Consumer Agency. The survey, conducted among 1,000 consumers across eight major platforms — [...]

KHNP Confirms Business Closure In Poland Amid Controversy Over Westinghouse Deal

KHNP Confirms Business Closure In Poland Amid Controversy Over Westinghouse Deal

SEOUL, Aug. 19 (Korea Bizwire) — The chief of the state-run Korea Hydro & Nuclear Power Co. (KHNP) confirmed Tuesday the company has closed operations in Poland amid speculations that its agreement with U.S. energy firm Westinghouse over an intellectual property (IP) dispute influenced the decision. “After the new Polish administration took office … the [...]

Korean Nuclear Deal With Westinghouse Sparks Concerns Over Costly Concessions

Korean Nuclear Deal With Westinghouse Sparks Concerns Over Costly Concessions

SEOUL, Aug. 19 (Korea Bizwire) — A $26 billion nuclear power contract won by South Korean firms in the Czech Republic is drawing scrutiny after revelations that Korea Hydro & Nuclear Power (KHNP) and Korea Electric Power Corp. (KEPCO) signed a sweeping agreement with Westinghouse Electric that could bind Seoul’s industry to decades of costly obligations. [...]

Why Antidepressants Fail in the Elderly: KAIST Team Traces the Culprit to a Single Protein

Why Antidepressants Fail in the Elderly: KAIST Team Traces the Culprit to a Single Protein

DAEJEON, Aug. 19 (Korea Bizwire) — A team of South Korean scientists has identified a previously unknown molecular pathway that may help explain why depression develops — and why standard treatments often fail in older patients. KAIST announced Tuesday that its researchers, working with the National Forensic Service and Ajou University Hospital, discovered that heightened [...]