SEOUL, Aug. 22 (Korea Bizwire) — After a summer break during the peak heat, the Seoul Outdoor Library will reopen on September 5 and run through November 2, the city government announced Thursday. The library will operate evenings (4 p.m. to 10 p.m.) throughout September before shifting to daytime hours (11 a.m. to 6 p.m.) in [...]
SEOUL, Aug. 22 (Korea Bizwire) — The Korea Heritage Service announced Thursday that it will launch an on-site video description program at Taereung, a royal tomb in northeastern Seoul, beginning next month and running through December 5. The program, organized with the Seoul Tourism Organization, is designed to make cultural heritage more accessible to the [...]
CHANGWON, Aug. 21 (Korea Bizwire) — At Hyundai Rotem’s test track in the southern city of Changwon last week, two K2 Black Panther tanks roared to life, spinning on the spot like soldiers in drill formation before surging down a straightaway at speeds of up to 70 kilometers per hour on paved roads. The demonstration came [...]
SK Telecom Faces Mounting Pressure as Regulators Order Full Penalty Waivers for Customers After Hacking Breach SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s telecom regulator has ordered SK Telecom to waive all early termination penalties for subscribers who wish to cancel their contracts by year’s end following the company’s massive hacking incident, intensifying the financial [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korea moved to curb speculative demand from overseas buyers on Thursday, designating nearly all of the greater Seoul area as a restricted zone for foreign land transactions. The Ministry of Land, Infrastructure and Transport announced that Seoul, 23 municipalities in Gyeonggi Province, and seven districts in Incheon will [...]
SEOUL, Aug. 21 (Korea Bizwire) — Shares of Doosan Enerbility, South Korea’s leading nuclear power equipment maker, tumbled amid controversy over a contract signed between Korea’s state-run utilities and U.S. nuclear giant Westinghouse Electric Co. (WEC), leaving retail investors bearing the brunt of the losses. According to the Korea Exchange on Thursday, Doosan Enerbility’s stock [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korean brokerage firms are moving to resume overnight trading of U.S. stocks as early as November, more than a year after the service was abruptly suspended in the wake of a market shock. According to industry officials on Thursday, securities firms reached a tentative agreement to restart the service [...]
SEOUL, Aug. 21 (Korea Bizwire) — The National Museum of Modern and Contemporary Art (MMCA) announced on Wednesday that its four branches — in Seoul, Gwacheon, Deoksugung, and Cheongju — will host an array of exhibitions, markets, and performances as part of the 2025 Korea Art Festival. Timed to coincide with major art fairs such [...]
SEOUL, Aug. 21 (Korea Bizwire) — The runaway success of KPop Demon Hunters, a U.S. animated film released on Netflix in June, is driving a sharp rise in global curiosity about South Korea, with ripple effects expected across food, cosmetics and tourism. Google search data show that worldwide queries for “Korea” reached their highest level [...]
SEOUL, Aug. 21 (Korea Bizwire) — As South Korea’s millennial and Gen Z generations begin raising families, pregnancy and childbirth are taking on new cultural forms, blending tradition, technology and social media. Once marked by simple customs — such as hanging peppers or charcoal on a straw rope outside a home to signal the birth [...]