WASHINGTON, Mar. 25 (Korea Bizwire) — The United States on Monday reiterated the importance of dialogue with North Korea, after Pyongyang claimed Japanese Prime Minister Fumio Kishida has expressed his intention for a summit with North Korean leader Kim Jong-un. Kim Yo-jong, the influential sister of the North Korean leader, said that Kishida recently made [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — U.S. think tank experts floated the idea Monday of the United States tapping into South Korea’s 105 millimeter munitions stockpile to support Ukraine’s fight against Russia, as Kyiv urgently needs artillery ammunition supplies in the ongoing war of attrition. Mark Cancian, a senior adviser at the Center for Strategic [...]
SEOUL, March 25 (Korea Bizwire) — South Korea will become the first Asian country to join Horizon Europe, the world’s largest multilateral research and innovation (R&I) funding program, Seoul’s science ministry said Monday. Science Minister Lee Jong-ho and his European counterpart, Iliana Ivanova, have reached an agreement on South Korea’s participation in the European Union’s [...]
SEJONG, Mar. 25 (Korea Bizwire) – Over the past five years, South Korean customs authorities have seized imported counterfeit goods worth over 2.1 trillion won, with products originating from China accounting for a staggering 1.8 trillion won, highlighting an influx of intellectual property violations. According to data from the Korea Customs Service released on Friday, the [...]
WASHINGTON/ROME, Mar. 20 (Korea Bizwire) — An appeals court in the Balkan country of Montenegro finalized a decision Wednesday to have Do Kwon, the co-founder of the cryptocurrency firm Terraform Labs, be extradited to his home country, South Korea. In a statement on its website, the court said that it had rejected an appeal by [...]
SEOUL, Mar. 18 (Korea Bizwire) — South Korea and the Organization for Economic Cooperation and Development (OECD) opened a joint conference in Seoul on Monday to discuss ways to help Southeast Asian countries develop and transform their financial systems. The conference will be held for two days and discuss potential problems arising from the digitalization [...]
SEOUL, Mar. 18 (Korea Bizwire) – A recent study has shed light on the varying perceptions of occupational prestige across different countries, with lawmakers being held in high regard in Korea, China, and Japan, while firefighters are esteemed in the U.S. and Germany. The research, conducted by the Korea Research Institute for Vocational Education and Training [...]
SEOUL, March 15 (Korea Bizwire) — A Seoul ballet performance featuring Russia’s star ballerina, Svetlana Zakharova, was canceled Friday due to public backlash over staging shows by individuals supportive of Russian President Vladimir Putin, especially amid the conflict between Moscow and Kyiv. The Ukrainian-born Russian principal dancer of the Bolshoi Ballet was scheduled to perform [...]
SEOUL, Mar. 15 (Korea Bizwire) – South Korean citizens holding a driver’s license issued in their home country can now acquire an Ohio driver’s license without undergoing further testing, as established by a recent agreement between the two regions. The Korean National Police Agency (KNPA) announced that it had entered into a ‘Mutual Recognition Agreement for [...]
SEOUL, Mar. 15 (Korea Bizwire) — An Indian exporter has been arrested for allegedly exporting cheap gold jewelry from his country to the United States by labeling them as South Korean goods, the customs agency here said Friday. The man, whose identity was withheld, was arrested and indicted by the U.S.’ Homeland Security Investigations (HSI) [...]