SEOUL, Aug. 16 (Korea Bizwire) — The number of South Korean teenagers receiving treatment for anxiety disorders has soared by more than 60% over the past four years, reflecting mounting mental health concerns among the nation’s youth. According to data released Friday by the Health Insurance Review and Assessment Service (HIRA), 41,611 individuals aged 10 [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s three major battery manufacturers — LG Energy Solution, Samsung SDI, and SK On — are grappling with declining factory utilization rates, reflecting the broader global slowdown in electric vehicle (EV) demand known as the “EV chasm.” According to semiannual filings released on August 15, LG Energy Solution [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Koreans’ sentiment toward Japan has warmed significantly, reaching levels not seen since the aftermath of the 2011 Great East Japan Earthquake, according to a new Gallup Korea poll released Thursday, marking the 80th anniversary of Korea’s liberation from Japanese colonial rule. In the nationwide survey conducted August 12–14 [...]
BUSAN, Aug. 15 (Korea Bizwire) — In a move seen as both scientific and symbolic, South Korea has published the world’s first complete genome sequence of the extinct Dokdo sea lion (Dokdo Ganchi or Dokdo Kangchi) —commonly known in the West as the “Japanese sea lion”—while using the name “Dokdo sea lion” in a peer-reviewed international [...]
SEOUL, Aug. 15 (Korea Bizwire) — LG Electronics is ramping up its post-purchase care strategy by introducing a series of dedicated home appliance accessories aimed at enhancing functionality and user convenience, signaling a shift toward long-term customer satisfaction and brand loyalty. According to industry sources on August 15, the tech giant recently launched a bedding hanger [...]
SEOUL, Aug. 15(Korea Bizwire) — August 2025 marks the 20th anniversary of the introduction of comprehensive property trust services in South Korea, but industry experts warn the system remains largely symbolic, hindered by outdated regulations. Despite growing interest in asset management services amid rising household wealth, comprehensive property trusts—which allow financial institutions to collectively manage [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s leading game studios lavished record pay packages on star developers in the first half of 2025, with several earning more than their own chief executives and even controlling shareholders. According to semiannual filings released August 14, Krafton’s PUBG: Battlegrounds executive producer Jang Tae-seok topped the list, taking [...]
SEOUL, Aug. 15 (Korea Bizwire) — Young South Koreans weigh more factors — and express greater concerns about economic strain and lost opportunities — when deciding whether to have children than their counterparts in Germany, Japan, France and Sweden, a new study shows. They are also more likely to perceive their society as unfair and [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s nuclear regulator has warned that rapidly warming seawater — used to cool reactors — could force as many as eight reactors offline within the next 10 years unless cooling capacity is improved. At a meeting on August 14, the Nuclear Safety and Security Commission received a report [...]