DAEJEON, Jan. 16 (Korea Bizwire) — Scientists at the Korea Institute of Geoscience and Mineral Resources (KIGAM) have developed an autonomous robot capable of exploring underground resources without human intervention, the institute announced on January 15. The autonomous underground exploration robot, developed by a research team led by Kang Woong at the Resource Exploration and Development [...]
SEOUL, Jan. 16 (Korea Bizwire) — Foreign investors withdrew a significant amount of capital from South Korean financial markets in December during a period marked by the brief imposition of martial law, according to data released on January 15 by the Bank of Korea. The central bank’s “International Financial and Foreign Exchange Market Trends” report shows [...]
SEOUL, Jan. 16 (Korea Bizwire) — The number of companies in which South Korea’s National Pension Service (NPS) holds stakes of 5% or more has decreased by 14 over the past year, according to a new analysis. CEO Score, a corporate research firm, reported on January 15 that the number of listed companies with NPS stakes [...]
SEOUL, Jan. 16 (Korea Bizwire) — A joint research team from South Korea and the United States has developed a wearable device technology capable of detecting early signs of depression without the need for blood tests. The breakthrough was announced on January 15 by the Korea Advanced Institute of Science and Technology (KAIST). Professor Kim Dae-wook’s [...]
SEOUL, Jan. 15 (Korea Bizwire) — The South Korean government unveiled new measures on Wednesday to bolster the competitiveness of eco-friendly vehicles and secondary batteries, focusing on expanding electric vehicle (EV) charging infrastructure and extending highway toll discounts for electric and hydrogen vehicles. As part of this initiative, the government plans to introduce medium-speed EV chargers [...]
SEOUL, Jan. 15 (Korea Bizwire) — BMW Group Korea marked its 30th anniversary in 2025, commemorating three decades of success and growth in the South Korean market. Established in July 1995 as the first wholly-owned local subsidiary of a foreign automaker in Korea, BMW Korea has significantly expanded its presence through strategic investments and market leadership. [...]
SEOUL, Jan. 15 (Korea Bizwire) — Chinese tech giant Xiaomi announced its full-scale entry into the South Korean market on January 15, unveiling a range of products including smartphones, TVs, robot vacuum cleaners, and wearable devices. This move marks the company’s first major initiative since establishing its Korean subsidiary. At a press conference held at the Four [...]
SEOUL, Jan. 15 (Korea Bizwire) — In a significant shift, South Korea’s Presidential Security Service (PSS) facilitated the execution of a second arrest warrant for President Yoon Suk-yeol on January 15, signaling a marked departure from its earlier stance. This cooperation contrasts starkly with the events of January 3, when PSS agents and soldiers from the [...]
SEOUL, Jan. 15 (Korea Bizwire) — Chinese media reported on January 14 that South Korean tourists have been flocking to Shanghai in increasing numbers, drawing significant attention from Chinese citizens. This surge follows China’s implementation of visa-free entry for South Koreans. According to leading Chinese online travel platform Ctrip, the number of South Korean tourists visiting [...]
CHANGWON, Jan. 15 (Korea Bizwire) — Korea Electrotechnology Research Institute (KERI) has announced the development of a high-efficiency, flexible metal fiber fabric heating element, potentially revolutionizing electric vehicle (EV) interior heating systems. The research team, led by Dr. Dong-Yoon Lee, unveiled this innovation on January 14, 2025. This technology aligns with Hyundai Motor Group’s 2022 [...]