SEOUL, Nov. 11 (Korea Bizwire) — The South Korean government’s plan to reform how medical clinics are paid for lab tests has sparked strong opposition from doctors, who say the changes threaten their income and overlook the realities of clinical care. The Ministry of Health and Welfare announced Monday that it will end the decades-old practice [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s business community reacted with dismay after the government and ruling party agreed to raise the nation’s 2035 greenhouse gas reduction target beyond previous levels, warning that the move could undermine industrial competitiveness and trigger job losses. During a high-level meeting on November 9, policymakers endorsed a plan to [...]
SEOUL, Nov. 11 (Korea Bizwire) — Seoul Metro said Monday it has begun pilot operations of mobile cooling tanks at major subway stations to better respond to the growing risk of battery-related fires. The portable tanks, equipped with wheels for easy movement within stations, are designed to help contain and extinguish fires caused by lithium-ion batteries. [...]
LOS ANGELES, Nov. 11 (Korea Bizwire) — Kia has unveiled the redesigned 2027 Telluride, a fully reimagined second-generation model of its flagship SUV for the North American market, the company said Monday (local time). First introduced in 2019 and produced at Kia’s Georgia plant, the Telluride has become one of the brand’s biggest U.S. success stories, [...]
Related: T1 Wins Third Straight League of Legends World Championship, Cementing Its Legacy in Esports History SEOUL, Nov. 10 (Korea Bizwire) — When T1 hoisted the Summoner’s Cup in Chengdu on November 9, it wasn’t just another victory — it was the completion of an unprecedented League of Legends “three-peat,” a feat no team in the world [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korean powerhouse T1 captured its third consecutive League of Legends World Championship title Saturday, defeating domestic rival KT Rolster 3–2 in a tense five-set final in Chengdu, China. The victory marked T1’s sixth world title overall — extending its own record for the most championships in League of [...]
SEOUL, Nov. 10 (Korea Bizwire) — A major cheating scandal has erupted at Yonsei University after evidence surfaced that a large number of students used ChatGPT and other artificial intelligence tools during an online midterm exam, prompting the professor to threaten disciplinary action. The professor of “Natural Language Processing (NLP) and ChatGPT,” a third-year course [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s once-niche men’s cosmetics industry is rapidly emerging as a major growth engine for K-beauty, driven by changing attitudes toward grooming and self-care among younger male consumers. Once limited to simple skin lotion sets, the market has expanded to include makeup, fragrance, and scalp-care products as more men embrace [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s benchmark stock index fell below the 4,000 mark this week amid renewed concerns over an artificial intelligence (AI) bubble, leading to a surge in forced stock liquidations from margin accounts, industry data showed Sunday. According to the Korea Financial Investment Association, the value of forced sell-offs from unsettled [...]
SEOUL, Nov. 10 (Korea Bizwire) — A Seoul court has ruled that a Buddhist monk’s daily prayers and care for a temple’s head monk do not constitute “labor” under the law, rejecting his claim for nearly 700 million won (about US$510,000) in back pay and compensation. The Seoul Northern District Court on Sunday dismissed a [...]