SEOUL, Jan. 12 (Korea Bizwire) — Women in South Korea who leave the workforce due to pregnancy, childbirth or caregiving face persistent economic penalties when they return to work, with four in 10 earning less than before their career break, according to a new study released on Sunday. The report, published by the Seoul Foundation of [...]
SEOUL, Jan. 12 (Korea Bizwire) — Prescriptions of methylphenidate, a stimulant medication used to treat attention deficit hyperactivity disorder (ADHD), have risen sharply among children and teenagers in South Korea, with usage in the first nine months of last year already surpassing totals for the entire previous year, government data show. According to the Ministry of [...]
SEOUL, Jan. 12 (Korea Bizwire) — Genesis, Hyundai Motor Group’s luxury brand, is rapidly reshaping the U.S. premium car market, overtaking established rivals and narrowing the gap with long-dominant players after a decade of steady expansion. According to Automotive News, Genesis sold 82,331 vehicles in the United States last year, surpassing Infiniti, which recorded sales of [...]
SEOUL, Jan. 12 (Korea Bizwire) — LG AI Research on Sunday unveiled K-Exaone, a homegrown artificial intelligence foundation model that has placed South Korea among the world’s top-tier AI developers, according to global benchmark results and independent evaluations. The model ranked seventh worldwide on the Intelligence Index compiled by Artificial Analysis, a global AI performance evaluator, [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korea’s younger generation views childbirth as both deeply rewarding and uniquely burdensome, according to a new international survey that highlights the country’s persistent struggle with low fertility. A report released Sunday by the Korea Institute for Health and Social Affairs, based on a 2024 survey of adults aged 20 [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s advertising market continued its shift toward digital platforms in 2024, with online ad spending rising sharply while traditional broadcast advertising declined, according to a joint report released Thursday by regulators and industry officials. Data from the Korea Communications Commission and the Korea Broadcast Advertising Corporation showed that online [...]
DAEJEON, Jan. 9 (Korea Bizwire) — Researchers in South Korea have found that silica nanoparticles—widely used in cosmetics and industrial materials—may subtly alter early brain development, even without causing immediate or visible damage, raising new questions about the safety of everyday nanomaterials. The study, released Thursday by the Korea Research Institute of Bioscience and Biotechnology, used [...]
SEOUL, Jan. 9 (Korea Bizwire) — Registrations of diesel vehicles in South Korea fell below 100,000 for the first time last year, underscoring the rapid retreat of a powertrain that once dominated the market as the country accelerates its shift toward low-carbon transportation. According to data released Wednesday by Kaiz You Data Research Institute, a total [...]
SEOUL, Jan. 9 (Korea Bizwire) — Foreign nationals are becoming increasingly common among the founding families of South Korea’s largest conglomerates, particularly in the third and fourth generations, raising new questions about corporate governance and disclosure rules, according to a recent study. An analysis released Wednesday by CEO Score found that 41 members of controlling shareholder [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s campaign to boost corporate value is reshaping the stock market, with companies sharply increasing share buybacks, cancellations and dividends, helping narrow the long-standing valuation gap known as the “Korea discount,” the country’s main exchange said on Thursday. The Korea Exchange said that in 2025—the second year of its [...]