SEOUL, Jan. 3 (Korea Bizwire) — The release of Squid Game 2 on Netflix has ignited global fascination with traditional Korean games, particularly the childhood pastime of “Gonggi,” a variation of jacks. Since its debut on December 26, 2024, the series has captivated audiences worldwide, logging nearly 500 million viewing hours in its first week [...]
SEOUL, Jan. 2 (Korea Bizwire) – Japanese Ambassador to South Korea Koichi Mizushima on Thursday reaffirmed the importance of the bilateral relations between South Korea and Japan despite the political turmoil surrounding President Yoon Suk Yeol’s impeachment over his brief martial law bid. Mizushima made the remarks in his New Year’s message, voicing hope that [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korea will implement a new trade rule this week focusing on offering broader support for companies impacted by free trade agreements (FTAs) and other trade pacts, the industry ministry said Tuesday. The Act on Addressing Changes in Trade Environment, an upgraded version of the Act on Trade Adjustment [...]
SEOUL, Dec. 31 (Korea Bizwire) — North Korean leader Kim Jong-un has sent a New Year’s letter to Russian President Vladimir Putin, vowing to further solidify bilateral military cooperation, the North’s state media reported Tuesday. “The New Year 2025 will be recorded as the first year of war victory in the 21st century when the [...]
SEOUL, Dec. 27 (Korea Bizwire) — Ukrainian forces have likely captured a North Korean soldier in what could be the first instance of its kind, a Ukrainian news report has said, as North Korean troops were fighting alongside Russia against Ukraine. Ukraine’s special operations troops reportedly took the soldier during operations in Russia’s western front-line [...]
SEOUL, Dec. 24 (Korea Bizwire) — More than 3,000 North Korean troops have been killed or wounded in Russia’s western frontline region of Kursk, Ukrainian President Volodymyr Zelenskyy has said, raising concern about the potential deployment of additional North Korean troops and equipment to Russia. Zelenskyy unveiled the figure Monday on the social media platform [...]
SEOUL, Dec. 24 (Korea Bizwire) — A recent Bank of Korea survey reveals that one in three major South Korean export companies anticipates a decrease in exports next year, citing intensifying competition from China and potential impacts from a second Trump administration among key concerns. According to the central bank’s regional economic report released on December [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s manufacturing and export sectors, the backbone of its economy, are bracing for significant challenges in early 2025 due to rising global trade tensions and domestic political instability. Concerns are growing over protectionist policies from major economies, particularly under the incoming Trump administration, and a leadership void in [...]
SEOUL, Dec. 23 (Korea Bizwire) — Ukraine’s military unveiled what it claimed were false identification documents carried by North Korean troops killed in the war with Russia, a report showed, amid Kyiv’s claim that Russia is trying to conceal the presence of North Korean soldiers. Citing images shared on the Telegram channel of Ukraine’s special [...]
SEOUL, Dec. 23 (Korea Bizwire) — North Korea appears to be preparing to deploy additional troops and military equipment to Russia, possibly including suicide drones, in support of Moscow’s war against Ukraine, the South’s military said Monday. The assessment came as North Korea is believed to have sent thousands of troops to fight for Russia [...]