SEOUL, April 25 (Korea Bizwire) – A major Japanese internet company partly owned by Naver, South Korea’s biggest web portal, is facing pressure from Tokyo to strip the Korean tech firm of its controlling stake after a data breach last year, an extraordinarily aggressive move that threatens to upend a rare alliance between corporate giants from [...]
SEOUL, Apr. 25 (Korea Bizwire) — Finance Minister Choi Sang-mok vowed Thursday to enhance South Korea’s crisis management capabilities regarding supply chains in close cooperation with the United States, Japan and other Indo-Pacific partners, the finance ministry said. Choi made the comment during an external economic ministers’ meeting in Seoul as he discussed the implementation [...]
ROME, Apr. 24 (Korea Bizwire) — Montenegrin lawyers of disgraced South Korean crypto entrepreneur Do Kwon are struggling to have him extradited to his home country, not the United States, according to local news reports. Kwon’s legal representatives in Montenegro appealed against the Podgorica High Court’s recent ruling that found the conditions for his extradition [...]
SEOUL, Apr. 23 (Korea Bizwire) — Finance Minister Choi Sang-mok met with experts of economic and international affairs Tuesday and discussed responses to growing uncertainties in the Middle East, the finance ministry said. During a meeting of the international economic advisory panel in Seoul, experts called on the government to “check developments and assess potential [...]
SEOUL, Apr. 23 (Korea Bizwire) — A team of South Korean experts will visit Indonesia this week to provide training for conservators in the cultural heritage sector in the Southeast Asian country. The on-site technical training will take place at the conservation office situated in Borobudur, the largest Buddhist temple in the world, located in [...]
SEOUL, Apr. 22 (Korea Bizwire) — South Korea has donated an advanced medical imaging analysis system to a military hospital in the United Arab Emirates (UAE) to help improve its health care service, the defense ministry said Monday. The artificial intelligence (AI) powered medical image analysis system, jointly developed by the defense and ICT ministries [...]
SEOUL, April 21 (Korea Bizwire) –South Korea expressed “deep disappointment and regret” Sunday over Japanese Prime Minister Fumio Kishida sending a ritual offering to a war shrine seen as a symbol of Japan’s militaristic past. Earlier in the day, Kishida sent the ceremonial tree to the Yasukuni Shrine, while Economic Revitalization Minister Yoshitaka Shindo, [...]
SEOUL, April 20 (Korea Bizwire) –South Korea lodged a strong protest against Japan on Friday after Tokyo approved new school textbooks that downplay the coercive nature of its wartime atrocities and reinforce its territorial claims to Dokdo. The foreign ministry also called in Japanese Ambassador to South Korea Koichi Aiboshi to deliver the formal [...]
SEJONG, Apr. 19 (Korea Bizwire) — Middle and high school students in Paraguay will be able to learn Korean as a second foreign language under an agreement between the two countries, officials said. The education ministry said it signed a memorandum of understanding (MOU) with its Paraguayan counterpart, effectively adding Korean to the list of [...]
SEOUL, Apr. 19 (Korea Bizwire) – While more than half of South Koreans believe that relations with China have become strained or adversarial in recent times, an overwhelming majority still hopes the two countries can maintain friendly and cooperative ties going forward, according to the results of a poll released on April 18. The survey of [...]