SEOUL, Nov. 20 (Korea Bizwire) — A growing number of South Korean newlyweds are delaying official marriage registration to avoid financial penalties tied to the country’s housing and loan system, a trend that Japanese media say reflects shifting social norms amid an unrelenting real estate crisis. Japan’s Nikkei reported on Nov. 16 that roughly 20 [...]
ABU DHABI & SEOUL, Nov. 19 (Korea Bizwire) — On a warm November morning in the Emirati capital, President Lee Jae-myung arrived at a polished conference hall filled with Korean and Emirati business executives, all seated beneath a chandelier of cascading glass. But it was the future — not the décor — that commanded [...]
SEOUL, Nov. 19 (Korea Bizwire) — A brief moment in last week’s friendly match between South Korea and Bolivia has become an unlikely symbol of sportsmanship and selfless instinct, drawing praise at home and abroad and prompting a wider reflection on human altruism. During the Nov. 14 match at Daejeon World Cup Stadium, Bolivia’s goalkeeper [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers say the country’s labor market is fundamentally unequal, reflecting long-standing structural divides between large conglomerates and smaller firms, according to new research presented at a major labor conference in Seoul on Tuesday. The survey, released at the 30th-anniversary forum of the Federation [...]
SEOUL, Nov. 19 (Korea Bizwire) — LG AI Research is accelerating its entry into major global equity markets with a new artificial intelligence–driven forecasting model developed in partnership with the London Stock Exchange Group (LSEG), aiming to capture rising demand for automated investing tools. The model, called the AI Equity Forecasting Score (AEFS), analyzes roughly 5,000 [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s major conglomerates are increasingly elevating executives born in the 1970s to senior leadership roles, signaling a generational shift in corporate management, according to new analysis released Wednesday by the Korea CXO Institute. At Samsung Electronics, three division heads born in 1970 or later now hold president-level titles: Yong [...]
SUWON, Nov. 19 (Korea Bizwire) — South Korean police have broken up a large network of illegal private lenders that preyed on low-income borrowers with usurious interest rates and aggressive collection tactics, authorities said Wednesday. The Gyeonggi Nambu Provincial Police Agency announced it had arrested 61 people connected to four criminal lending rings, including the alleged [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers in their 20s and 30s say the country should extend the legal retirement age, reflecting deepening economic anxieties and concerns about old-age security, according to a new survey released Wednesday. The poll, conducted by Remember & Company, which operates the professional networking [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s men’s national soccer team secured a narrow 1–0 win over a depleted Ghana side in Seoul on Tuesday, but the labored victory has intensified concerns about the team’s form less than seven months before the 2026 FIFA World Cup. Despite the result, the performance was widely described as [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s Supreme Court has overturned a lower-court ruling that sided with Philips Korea in a high-profile dispute over transfer pricing taxes, sending the case back to an appellate court for further review. In a decision disclosed Wednesday, the court reversed a ruling that had canceled most of the 90.5 [...]