SEOUL, Nov. 4 (Korea Bizwire) — A senior South Korean presidential aide said Monday that Nvidia’s decision to supply 260,000 graphics processing units (GPUs) to the country will serve as the launchpad for a new era of “physical AI,” positioning South Korea as a key global hub for the next wave of industrial transformation. Ha Jung-woo, [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s National Pension Service (NPS) has achieved its highest-ever investment return this year, buoyed by a record-breaking rally in the local stock market that sent its annual yield soaring above 20 percent as of the end of October, according to industry sources. The fund’s assets under management have surpassed [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korean health authorities have confirmed the discovery of a tropical mosquito species capable of transmitting infectious diseases such as West Nile fever, marking the first verified presence of the insect in the country and heightening concerns about climate-related shifts in disease vectors. According to the Korea Disease Control and [...]
SEOUL, Nov. 3 (Korea Bizwire) — As South Korea marks the 30th anniversary of Jongmyo Shrine’s inscription as a UNESCO World Heritage Site, a dispute over urban redevelopment in central Seoul is stirring fears that the Confucian royal shrine could soon find itself on the organization’s endangered list. The 15th-century shrine—dedicated to the kings and queens [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s benchmark KOSPI index, which recently broke the 4,000-point mark for the first time in history, has ignited a wave of participation from wealthy individual investors making large-scale trades. According to the Korea Exchange, individual investors placed an average of 28,729 orders worth at least 100 million won ($73,000) [...]
SEOUL, Nov. 3 (Korea Bizwire) — At a Lotte Cinema theater in Seoul, the lights cut out, sirens blare, and a chilling announcement fills the room: “This theater is now closed. This is not a drill.” Suddenly, audience members are thrust into a survival game, dodging zombies that stalk the aisles. This is Charlotte: The Play – Survival, [...]
BUSAN, Nov. 3 (Korea Bizwire) — A restaurant in Busan’s Chinatown has come under scrutiny after a festivalgoer accused it of overcharging for a popular Chinese dish, sparking yet another public debate over price gouging in tourist areas. The controversy began when a visitor posted online that a plate of guobaorou (sweet and sour pork) [...]
SEOUL, Nov. 3 (Korea Bizwire) — On Friday evening, October 31, movie theaters across Seoul’s CGV Yongsan I’Park Mall glowed with a sea of colorful light sticks—once a symbol of concert fandom, now a growing part of Korea’s cinema culture. At a special screening of Netflix’s animated film K-Pop Demon Hunters, fans—both adults and children—waved [...]
SEOUL, Nov. 3 (Korea Bizwire) — After a steep rally followed by a sharp correction, global gold prices appear to be stabilizing and preparing for another climb, analysts said Sunday. According to data from the Chicago Mercantile Exchange’s COMEX market, December gold futures closed at $4,013.40 per ounce on October 31, down 0.06 percent from the [...]
TOKYO, Nov. 3 (Korea Bizwire) — A plan for a South Korean Air Force jet to refuel at a Japanese Self-Defense Force base has collapsed after Tokyo raised objections over the aircraft’s prior flight over Dokdo, the disputed islets between the two countries, Japan’s Yomiuri Shimbun reported Sunday. According to the report, Seoul had requested permission [...]