SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s Defense Ministry is weighing an unconventional idea to confront two converging national challenges: a shrinking pool of young recruits and a growing cohort of unemployed older men. Officials are considering employing men in their 50s and 60s as border and security personnel, a proposal that has drawn both [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s most familiar fish may soon become a luxury item. Mackerel, a staple of the Korean diet, is facing mounting supply pressures as climate change shrinks domestic catches and Norway — the country’s dominant foreign supplier — moves to sharply cut its harvest. The combined squeeze is already pushing [...]
SEOUL, Jan. 5 (Korea Bizwire) — Samsung Electronics is on the brink of posting its strongest quarterly operating profit ever, buoyed by a historic surge in memory chip prices and a revival in high-bandwidth memory used for artificial intelligence, analysts and industry data show. The company is expected to announce preliminary fourth-quarter earnings later this week, [...]
SEOUL, Jan. 5 (Korea Bizwire) — Samsung Display will use CES 2026 to showcase how organic light-emitting diode technology is evolving into a central interface between humans and artificial intelligence, as the company seeks to position OLED screens as the backbone of next-generation AI devices across work, home and mobility. The South Korean display maker said [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korean investors poured record sums into exchange-traded funds last year, with both retail and foreign investors gravitating toward overseas equity benchmarks and high-growth thematic products, underscoring a broad shift in the country’s investment landscape. According to data released Sunday by financial information provider Yonhap Infomax, individual investors’ most heavily [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s richest business leaders saw a sharp surge in their stock wealth over the past year, lifted by a strong rally in domestic equities, with gains exceeding 35 trillion won ($26 billion) among the heads of the country’s largest conglomerates, according to a new analysis released Monday. A report [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s venture companies have sharply strengthened their technological competitiveness over the past decade, significantly expanding research and development spending and intellectual property holdings while also improving their financial health, according to a government-backed survey released on Sunday. Data from the Venture Enterprise Survey, comparing results from 2015 and 2025, [...]
SEOUL, Jan. 5 (Korea Bizwire) — Employees at smaller companies in South Korea are significantly less satisfied with their jobs and more likely to experience violations of labor laws than those at larger firms, according to a new survey released on Sunday by the civic group Workplace Bullying 119. The survey, conducted by Global Research between [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s demographic shift toward an aging and increasingly solitary population accelerated in 2025, with people aged 65 and older now accounting for more than one-fifth of the country’s registered residents, government data showed, underscoring mounting social and economic challenges for the nation. According to an annual population analysis released [...]
TOKYO, Jan. 4 (Korea Bizwire) — The United States military in South Korea is reassessing the scope of its operations with an eye toward a potential conflict over Taiwan, a shift that would mark a significant broadening of the force’s traditional mission of deterring North Korea, according to a report published Sunday by Nikkei. The Japanese [...]