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Seoul Halts Portions of Hangang Bus Service After Grounding Incident Sparks Safety Outcry

Seoul Halts Portions of Hangang Bus Service After Grounding Incident Sparks Safety Outcry

SEOUL, Nov. 16 (Korea Bizwire) —  Seoul partially suspended operations of its new Hangang bus service on Sunday after a vessel ran aground near Jamsil Pier, prompting the rescue of more than 80 passengers and intensifying political scrutiny over the project’s safety record. The accident occurred at around 8:24 p.m. Saturday, when a river bus [...]

For South Korea’s New Dual-Heritage Midfielder, Opportunity Remains Elusive

For South Korea’s New Dual-Heritage Midfielder, Opportunity Remains Elusive

DAEJEON, Nov. 15 (Korea Bizwire) — Two months into his tenure with South Korea’s senior national soccer team, 20-year-old Jens Castrop — the German-Korean midfielder hailed as a new pillar for the team’s future — is discovering the limits of early promise. Castrop, who plays for Borussia Mönchengladbach, saw just over five minutes of action on [...]

Seoul and Washington’s New Fact Sheet Signals Tougher Joint Posture Toward China Without Naming It

Seoul and Washington’s New Fact Sheet Signals Tougher Joint Posture Toward China Without Naming It

SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States released a joint fact sheet on Thursday (U.S. time) that, while avoiding explicit references to China, carries unmistakable signals of Washington’s intent to enlist Seoul more deeply in countering Beijing’s expanding military footprint in the Indo-Pacific. The document, unveiled a day after the two [...]

South Korea and U.S. Agree to Prevent Digital Discrimination, Ease Cross-Border Data Flows

South Korea and U.S. Agree to Prevent Digital Discrimination, Ease Cross-Border Data Flows

SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to strengthen digital trade freedoms and prevent discriminatory regulation against American firms operating in Korea, according to a joint fact sheet released Friday by the presidential office. Under the agreement, the two governments pledged to ensure that U.S. companies are not subjected [...]

Housing Gap Widens Sharply as Top-Tier Home Prices Jump and Younger Owners Decline

Housing Gap Widens Sharply as Top-Tier Home Prices Jump and Younger Owners Decline

SEJONG, Nov. 14 (Korea Bizwire) — South Korea’s housing wealth gap continued to widen last year as expensive homes climbed further in value while lower-priced properties lost ground, according to new government data released Friday. The National Data Office said the price difference between the top 10 percent and bottom 10 percent of homes ballooned to [...]

Seoul and Washington Move to Accelerate Wartime OPCON Transfer

Seoul and Washington Move to Accelerate Wartime OPCON Transfer

SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to accelerate long-stalled efforts to transfer wartime operational control (OPCON) to Seoul, a move that aligns with President Lee Jae-myung’s pledge to complete the transition before the end of his term in 2030. The commitment was included in a joint fact sheet [...]

Kant Looms Large Over South Korea’s 2026 College Entrance Exam, Frustrating Students

Kant Looms Large Over South Korea’s 2026 College Entrance Exam, Frustrating Students

SEOUL, Nov. 14 (Korea Bizwire) — Immanuel Kant, the 18th-century German philosopher, became the unlikely villain of South Korea’s 2026 College Scholastic Ability Test (CSAT) on Thursday, as test-takers flooded online forums with complaints that his ideas dominated some of the exam’s most difficult questions. “Would Kant ever have imagined he’d be tormenting so many young [...]

Drone Exports Surge Tenfold, but Global Market Share Still Lags at Under 0.5%

Drone Exports Surge Tenfold, but Global Market Share Still Lags at Under 0.5%

SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s drone exports have grown nearly tenfold over the past two years, yet the country remains a marginal player in the global market — a gap that analysts say requires urgent policy and industry action to close. According to a report released Friday by the Korea International Trade Association [...]