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 [...]
SEOUL, Aug. 21 (Korea Bizwire) — The South Korean government will launch a nationwide refund program this fall that reimburses consumers for part of their credit card spending in an effort to revive household demand and support small businesses. The Ministry of SMEs and Startups said Wednesday that the “Coexistence Payback” scheme will run from [...]
SEOUL, Aug. 21 (Korea Bizwire) — The Bank of Korea (BOK) on Wednesday sounded the alarm over the rapid spread of dollar-pegged stablecoins, warning lawmakers that the trend poses risks to monetary sovereignty and financial stability. In a written response submitted to Rep. Park Sung-hoon of the People Power Party, the central bank urged swift [...]
COLOGNE, Germany, Aug. 20 (Korea Bizwire) — Hyundai Motor made its debut at Gamescom, the world’s largest gaming convention, unveiling a retro-style arcade game inspired by its latest concept car. From August 20 to 24, the automaker is hosting a booth in the “Retro & Family” section of Gamescom 2025 at the Koelnmesse exhibition center. [...]
PAJU, Aug. 20 (Korea Bizwire) — A 95-year-old former long-term prisoner of war, An Hak-seop, attempted on Wednesday to cross into North Korea through Panmunjom but was stopped by South Korean military authorities at the Tongil Bridge checkpoint. An, who has long identified as a “non-converted” prisoner for refusing to renounce allegiance to the North, traveled [...]
SEOUL, Aug. 20 (Korea Bizwire) — South Korea’s semiconductor industry was rattled Wednesday by reports that Washington is considering acquiring equity stakes in foreign chipmakers building plants in the United States, including Samsung Electronics and Taiwan’s TSMC. The idea surfaced as the U.S. government explores converting subsidies provided under the CHIPS and Science Act into [...]
SEOUL, Aug. 20 (Korea Bizwire) — Shares of South Korea’s nuclear power companies tumbled Wednesday after revelations that a settlement with U.S. nuclear giant Westinghouse has sharply curtailed their access to major global markets. By mid-morning trading, Korea Electric Power Corp. (KEPCO) was down more than 5 percent, while Doosan Enerbility dropped nearly 9 percent. [...]
SEOUL, Aug. 20 (Korea Bizwire) — Seoul has been voted the world’s most beloved city by younger travelers for the fourth consecutive year, cementing its reputation as a global cultural and tourism hub amid the surging popularity of Korean content such as Netflix’s hit animation KPop Demon Hunters. The city government and the Seoul Tourism Organization [...]
SEOUL, Aug. 20 (Korea Bizwire) — A new Samsung Electronics campaign video featuring esports legend Faker and world beatbox champion Wing has captured the attention of fans online, racking up more than 930,000 views within a week of release. The film, titled “OLED: Feel the Champion’s Rhythm with T1,” pairs Lee “Faker” Sang-hyeok of esports [...]