Living and entertainment news about South Korea. We bring you the latest information on what is happening in Korea today.
SEOUL, July 25 (Korea Bizwire) — As discussions intensify around the adoption of Korean won-based stablecoins, credit card companies in South Korea are scrambling to respond, concerned about potential disruption to their traditional role in the payments ecosystem. According to financial industry sources on Thursday, the Credit Finance Association and eight major credit card companies [...]
SEOUL, July 25 (Korea Bizwire) — The brutal murder of a man by his father using a homemade firearm in Incheon’s Songdo district has reignited alarm in South Korea over the growing availability of online content teaching how to make illegal weapons. The incident has amplified calls for tighter regulation of do-it-yourself (DIY) gun and [...]
CHUNCHEON, South Korea, July 24 (Korea Bizwire) – Chuncheon City has sparked online buzz by parodying a viral moment from a recent Coldplay concert in the United States, using it to promote an upcoming local event. On July 23, the city uploaded a short video to its official YouTube and Instagram channels titled “Food Tech [...]
SEOUL, July 24 (Korea Bizwire) — The National Museum of Korea announced Thursday it will launch a new exhibition this week on a Korean-born marathoner’s record-breaking Olympic victory during the 1910-45 Japanese colonial period. Set to open Friday under the title “The Radiant Strides, Moving the World,” the exhibition will celebrate the achievements of the [...]
SAMCHEOK, South Korea, July 24 (Yonhap) — The eastern South Korean city of Samcheok and the Premier League giants Manchester City announced Thursday they have reached an agreement aimed at enhancing youth football development and coach education. According to Samcheok, located in the southernmost part of Gangwon Province on the east coast, the partnership deal [...]
SEOUL, July 24 (Korea Bizwire) – More than 560,000 young South Koreans have remained jobless one year after their graduation, data showed Thursday, while nearly half of them have been searching for jobs to no avail for over three years. According to the data from Statistics Korea, the number of employed youths, people aged 15-29 [...]
SEOUL, July 24 (Korea Bizwire) – Orion Corp., a major South Korean confectionery company, said Thursday it will recall all of its Cham Carp Cakes, a popular fish-shaped pie, due to potential mold contamination. The company has notified the Ministry of Food and Drug Safety of the issue and requested that retailers halt sales of [...]
SEOUL, July 24 (Korea Bizwire) — Kang Ho-sung, the former CEO of South Korean entertainment giant CJ ENM, has launched a new talent agency, the company said Thursday. The company, KHS Agency, will offer all-in-one management for a diverse roster of artists, sports stars and influencers. Its services are designed to go beyond traditional representation [...]
SEOUL, July 24 (Korea Bizwire) — As South Korea debates a proposal to raise the statutory retirement age from 60 to 65, a new survey reveals a stark generational divide over how such a change could impact youth employment. According to findings released Wednesday by the Korea Employers Federation (KEF), 61.2% of unemployed young job [...]
SEOUL, July 24 (Korea Bizwire) – Restaurants remained the most common workplace for South Korean teenagers working part-time jobs last year, but new data suggests significant changes in youth employment patterns over the past decade. According to a study released Tuesday by the National Youth Policy Institute, 39.3% of middle and high school students who worked [...]