BUSAN, Dec. 2 (Korea Bizwire) – The Busan International Art Fair (BIAF), an open art market that facilitates direct transactions between artists and collectors, is set to open on December 5 at BEXCO in Busan’s Haeundae district. The K-ART International Exchange Association announced on December 1 that the 2024 edition of BIAF will run for four [...]
SEOUL, Nov. 28 (Korea Bizwire) – A senior lawmaker from South Korea’s majority Democratic Party, Lee Eon-joo, introduced a resolution on Thursday urging the government to cease its involvement in the Ukraine conflict, including the provision of lethal weapons. In a press conference at the National Assembly, Lee emphasized the constitutional duty of the South Korean [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korean President Yoon Suk Yeol met with a Ukrainian delegation on November 27, led by Ukraine’s Defense Minister Rustem Umerov, to explore effective responses to security threats posed by North Korea-Russia military cooperation. The delegation reportedly sought South Korea’s support, including potential arms aid, although specific details were not [...]
SEOUL, Nov. 27 (Korea Bizwire) — North Korea’s recent military deployment to support Russia in the ongoing Russia-Ukraine war represents more than just a troop commitment—it marks the first tangible implementation of the comprehensive strategic partnership agreement signed between North Korea and Russia in June. The agreement, which includes provisions for military assistance in times [...]
SEOUL, Nov. 27 (Korea Bizwire) — The top diplomats of South Korea, Canada, France and Italy have voiced concerns over the threat posed by North Korea’s troop deployment to fight for Russia in its war with Ukraine, pledging to work together for a concerted response, Seoul’s foreign ministry said Wednesday. South Korean Foreign Minister Cho [...]
SEOUL, Nov. 27 (Korea Bizwire) — The presidential office plans to hold an emergency meeting Wednesday to discuss responses to U.S. President-elect Donald Trump’s proposal to impose tariffs on three trading partners, a senior presidential official said. The meeting comes after Trump said on social media that he will use an executive order to levy [...]
SEOUL, Nov. 27 (Korea Bizwire) – A new survey has revealed that more than three-quarters of South Korean mid-sized companies anticipate increased economic uncertainty when Donald Trump returns to the White House, highlighting growing concerns about potential shifts in U.S. trade and economic policies. The Federation of Middle Market Enterprises of Korea (FOMEK) released the findings [...]
SEOUL, Nov. 26 (Korea Bizwire) – A leading South Korean garment manufacturer, ShinTS, has inaugurated a large-scale recreational park for its workers at its Ethiopian manufacturing facility, marking a significant expansion of its employee welfare initiatives in Africa. The opening ceremony for the park and daycare center, held on November 22 at the company’s facility in [...]
SEOUL, Nov. 25 (Korea Bizwire) — A group of North Korean soldiers disguised as “indigenous people” of Russia’s Far East have engaged in combat with Ukrainian troops in Russia’s western border region of Kursk, according to a Ukraine news report. Citing Kyiv’s top military officer, RBC Ukraine on Sunday (local time) reported that more than [...]
SEOUL, Nov. 25 (Korea Bizwire) — North Korea and Russia have signed a protocol on enhancing sports exchanges for next year, the North’s state media said Monday, as the two nations have been bolstering cooperation in various fields. Kim Il-guk, North Korea’s minister of physical culture and sports, signed the protocol with Russian Sports Minister [...]