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 [...]
SEOUL, Jan. 4 (Korea Bizwire) — More than 50,000 customers of KT Corp., South Korea’s second-largest mobile carrier, have canceled their subscriptions after the telecom company began waiving early termination penalties following a major data breach, industry sources said Friday. According to the sources, 52,661 KT users moved to rival carriers between Wednesday and Saturday. [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korean families are spending far more on private education than they did a decade ago, underscoring how deeply supplemental tutoring has become embedded in the country’s competitive education system. Household spending on private education — including hagwons, or for-profit after-school academies — reached nearly 29.2 trillion won ($20.2 billion) [...]
SEOUL, Jan. 4 (Korea Bizwire) — Genesis, the luxury marque spun off from South Korea’s Hyundai Motor Group a decade ago, has passed a global sales milestone, underscoring its steady ascent in the fiercely competitive premium auto market. The brand’s cumulative sales reached 1.51 million vehicles as of November, according to data released Sunday by Hyundai [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korean stocks climbed to a record close Friday, propelled by heavy buying in large semiconductor names as investors doubled down on bets that artificial intelligence–driven growth will continue to bolster the country’s export engine. The won weakened against the U.S. dollar. The benchmark Korea Composite Stock Price Index jumped [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s leading conglomerates are entering the new year with a common message: artificial intelligence will be central to navigating an increasingly uncertain global business environment, even as companies double down on core technologies, safety and organizational reform. In New Year’s messages released this week, chairmen of the country’s largest [...]
SEOUL & DAEJEON, Jan. 2 (Korea Bizwire) — Pope Leo XIV has sent a rare message of congratulations to Seongsimdang (or Sungsimdang), a beloved bakery in the central city of Daejeon, praising its seven decades of business rooted in social solidarity and care for the poor. According to local reports, the message was delivered through Cardinal [...]
SEOUL, Jan. 2 (Korea Bizwire) — Characters from the animated film K‑Pop Demon Hunters are drawing online attention that rivals — and in some cases surpasses — that of real-world global pop stars, underscoring the growing power of virtual idols in the social media age. According to an analysis cited by The Guardian, data from marketing [...]