SEOUL, June 27 (Korea Bizwire) — South Korean venture companies are showing signs of renewed optimism, with overall business sentiment rebounding for the first time in a year, according to data released Thursday by the Korea Venture Business Association. The Venture Business Survey Index (BSI) for the second quarter rose to 89.8, marking an 11.2-point [...]
SEOUL, June 27 (Korea Bizwire) — South Korean soldiers prefer empathetic superiors, while military officers favor leaders with strong organizational skills, according to a new personality-based survey released by Kookbang Ilbo (The Defense Daily) on Thursday. The survey, conducted between May 28 and June 13 via the military’s internal intranet system, gathered responses from 3,445 [...]
DAEJEON, June 27 (Korea Bizwire) — KAIST researchers have developed a new catalytic method to convert waste tires into high-purity cyclic alkenes—valuable chemical precursors for rubber and nylon—offering a promising solution to one of the most persistent recycling challenges. Announced on Thursday, the breakthrough comes from a team led by Professor Hong Soon-hyuk, which successfully [...]
SEOUL, June 27 (Korea Bizwire) — The average South Korean worker earned 3.97 million won ($2,870) in April this year, working 165.5 hours for the month, according to new data released by the Ministry of Employment and Labor on Thursday. While wages rose modestly, the outlook for core industries like manufacturing and construction continues to darken [...]
SEOUL, June 26 (Korea Bizwire) — As voice phishing scams using AI-generated fake voices and images continue to rise in South Korea, LG Uplus is stepping in with cutting-edge countermeasures. The telecom company announced Thursday the commercial rollout of its new ‘Anti-DeepVoice’ and ‘Anti-Deepfake’ technologies aimed at detecting fraudulent audio and video content. Unveiled earlier [...]
SEOUL, June 26 (Korea Bizwire) — The government convened a consultative meeting with the private sector Thursday to discuss the development of quantum technology amid an intensifying global race to secure a future game changer across economic and security domains, the finance ministry said. The consultative body, led by the Ministry of Economy and Finance, [...]
SEOUL, June 26 (Korea Bizwire) — LG Electronics is set to launch a pilot project to evaluate the commercial viability of “Mineral Wash,” a functional glass powder that could replace surfactants in laundry detergents—offering a low-carbon, water-saving alternative for eco-conscious consumers and businesses. On Thursday, the company announced it would sign a memorandum of understanding [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s financial investment in the United States surged to an all-time high in 2024, as domestic investors increasingly turned to U.S. stocks and production facilities amid a shifting global economic landscape, data from the Bank of Korea showed Thursday. According to the central bank’s provisional international investment balance sheet, [...]
SEOUL, June 26 (Korea Bizwire) — A new study has found that survival rates following acute myocardial infarction, commonly known as a heart attack, vary significantly in South Korea depending on employment status and income level, revealing stark disparities in health outcomes tied to socioeconomic status. Researchers from Yonsei University’s Severance Hospital and Chung-Ang University [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s advanced forensic science capabilities have significantly strengthened Mongolia’s criminal investigation system, culminating in the resolution of a years-old murder case and a sweeping upgrade of the nation’s forensic institutions. The National Forensic Service (NFS) of South Korea announced on Tuesday that it had successfully completed a multiyear [...]