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Fear Spreads in Korean Communities with Trump’s Immigration Policies

Fear Spreads in Korean Communities with Trump’s Immigration Policies

SEOUL, Feb. 23 (Korea Bizwire) – President Donald Trump’s headstrong approach towards immigration is spreading fear in Korean communities in the United States.  According to local civic organizations assisting Korean immigrants – including the Los Angeles Korean Resource Center, Hana Center in Chicago, and the Illinois Association of Korean Education – the number of phone [...]

Conglomerates Pushing Reform After Graft Scandal

Conglomerates Pushing Reform After Graft Scandal

SEOUL, Feb. 22 (Korea Bizwire) – South Korea’s major conglomerates are ramping up efforts to run their sprawling business empires in a more transparent and law-abiding way following a high-profile corruption scandal that led to the impeachment of President Park Geun-hye, sources said Wednesday.  Dozens of large companies, including top conglomerate Samsung Group, have been [...]

Qualcomm Files Complaints Against Anti-Trust Fine in S. Korea

Qualcomm Files Complaints Against Anti-Trust Fine in S. Korea

SEOUL, Feb. 22 (Korea Bizwire) – Qualcomm Inc. has filed complaints against South Korean anti-trust regulator’s decision to penalize the U.S. wireless technology giant with a fine of 1.03 trillion won (US$903 million) for violating the nation’s competition laws.  The complaints were filed with the Seoul High Court on Tuesday, a day before the deadline [...]

Court Rules in Favor of Korean Fashion Company in Hermès Copyright Dispute

Court Rules in Favor of Korean Fashion Company in Hermès Copyright Dispute

SEOUL, Feb. 21 (Korea Bizwire) – A Seoul appeals court on Tuesday ruled in favor of South Korean fashion brand PLAYNOMORE in a copyright lawsuit filed by Hermès, upsetting a previous ruling in favor of the French luxury brand.  The dispute goes back to November 2015 when Hermès filed a lawsuit against the Korean company, [...]

Government Deliberates New Plans for Low-Income Households amid Soaring Debt

Government Deliberates New Plans for Low-Income Households amid Soaring Debt

SEJONG, Feb. 21 (Korea Bizwire) – The South Korean government is planning on new measures to support the livelihood of low-income families, who are among those suffering the most from the country’s recent economic struggles.  According to officials, South Korea’s household credit jumped by 11.7 percent in 2016 compared to the year prior, setting a [...]

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

SHENYANG, China, Feb. 21 (Korea Bizwire) – Chinese authorities have delayed the customs clearance of textbooks to be used at South Korean schools in China, pushing back the schools’ classes for the new academic semester, sources with knowledge of the matter said Tuesday. South Korean residents expressed concerns that the postponement of the customs clearance [...]