SEOUL, May 13 (Korea Bizwire) — South Korea launched its official “Korea Day” celebrations at the 2025 Osaka-Kansai World Expo on Tuesday with a ceremony to celebrate the arrival of a replica ship reenacting the historic Joseon Tongsinsa diplomatic mission. The Joseon Tongsinsa were official diplomatic envoys sent by the Joseon Dynasty (1392-1910) to Japan [...]
SEOUL, May 13 (Korea Bizwire) — Humanoid robots are emerging as a key industry of the future in the face of accelerating global aging, but overcoming critical challenges in power efficiency and control systems will be essential for mass adoption, a recent report by KDB Future Strategy Research Institute said. Citing a February 2025 forecast by [...]
SEOUL, May 13 (Korea Bizwire) — South Korea’s retail and consumer goods sectors are increasingly turning to character-based intellectual property (IP) marketing to boost engagement and drive sales, tapping into what experts are calling an era of “emotion-driven consumption.” As consumers seek comfort and nostalgia amid prolonged economic uncertainty, brands are capitalizing on familiar or whimsical [...]
BUSAN, May 12 (Korea Bizwire) — Art Busan 2025 concluded its four-day run on Sunday, drawing more than 60,000 visitors, including collectors, institutional buyers, and art enthusiasts, according to organizers. Now in its 14th year, the international art fair opened with a VIP preview on May 8 and featured 109 galleries from 17 countries. Despite headwinds from [...]
SEOUL, May 12 (Korea Bizwire) — In a striking turn of events at the 2025 Korean box office, Yadang: The Snitch has overtaken Bong Joon-ho’s Hollywood sci-fi epic Mickey 17 to become the year’s top-grossing film—thanks to a slow-burning surge powered by viewer recommendations and strategic release timing. Mickey 17, one of the most anticipated theatrical [...]
SEOUL, May 12 (Korea Bizwire) — As South Korea grapples with the financial implications of its aging population, the government has released the nation’s first full-scale survey on so-called “dementia money”—the frozen assets held by elderly citizens with dementia—and experts are urging swift action modeled on Japan’s experience. According to the Presidential Committee on Aging Society [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s birthrate continues to decline, but a growing number of unmarried adults now say they still intend to marry—offering a potential, if modest, glimmer of hope in the nation’s battle against population decline. According to a comprehensive 2024 survey released Sunday by the Korea Institute for Health and Social [...]
NEW YORK, May 10 (Korea Bizwire) — Korean artists and galleries made a striking showing at the 2025 edition of Frieze New York, one of the world’s leading contemporary art fairs, which opened its doors for a preview on May 8 at The Shed in Manhattan. This year’s event gathered 65 prominent galleries from around [...]
SEOUL, May 9 (Korea Bizwire) — Newly elected Pope Leo XIV is expected to visit South Korea in 2027 to attend World Youth Day, marking what would be the fourth papal visit to the country and his first as pontiff. If confirmed, the trip would make him the third pope to set foot in South [...]
SEOUL, May 9 (Korea Bizwire) — An increasing number of young South Koreans are withdrawing from society and confining themselves indoors, emerging only at night — a pattern that is raising alarm among mental health professionals, law enforcement, and social policy experts. According to a March 2025 report by the Office for Government Policy Coordination, [...]