WASHINGTON, Jan. 11 (Korea Bizwire) — Korean Americans from various walks of life and their supporters gathered in Washington on Thursday to celebrate Korean American Day in what has become an annual event to take stock of their achievements in the United States and promote their unity. Korean American lawmakers and those from government, business [...]
SEOUL, Jan. 11 (Korea Bizwire) – In a noteworthy development announced Thursday by Seoul’s unification ministry, responsible for inter-Korean affairs, South Korea is set to launch its first annual global survey this year to assess awareness regarding the potential unification with North Korea. The survey, spanning various countries including the United States, Japan, Germany, and [...]
SEJONG, Jan. 11 (Korea Bizwire) – South Korea’s trade commission said Thursday it will launch a probe into alleged patent infringement involving a China-made smartphone battery and battery material. The Korea Trade Commission (KTC) said it plans to look into whether the patent by LG Chem Ltd.’s cathode material utilized in battery production, known as [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korea will provide US$3 million worth of humanitarian assistance to Japan’s Ishikawa Prefecture to help the region cope with the aftermath of an earthquake that killed more than 200 people, the foreign ministry said Thursday. The government hopes the aid will help with the region’s recovery efforts and [...]
WASHINGTON, Jan. 8 (Korea Bizwire) — A U.S.-headquartered political risk consultancy named North Korea, Russia and Iran an “axis of rogues” in a report on its forecast of this year’s “top risks” on Monday, warning their deeper alignment and mutual support will pose a growing threat to global stability. Eurasia Group released the “Top Risks [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s trade ministry said Tuesday that Guatemala has formally signed a deal to join Seoul’s free trade agreement (FTA) with a group of Central American nations. The inclusion came around three years after South Korea and five Central American nations — Costa Rica, El Salvador, Panama, Honduras and [...]
PARIS/SEOUL, Jan. 2 (Korea Bizwire) — A French news channel has received a deluge of criticism from viewers around the world after it aired an image of South Korea’s national flag with the wrong symbol in the middle that appears similar to the red circle in the Japanese flag. The private TV broadcaster LCI used [...]
SEOUL, Jan. 1 (Korea Bizwire) –South Korea issued alerts on rising sea levels in parts of the East Sea on Monday following a major earthquake off Japan’s west coast. The Korea Meteorological Administration (KMA) said a tsunami caused by a 7.6 magnitude quake hitting Ishikawa and nearby prefectures could result in a rise in [...]
SEOUL, Jan. 1 (Korea Bizwire) – Elon Musk, the CEO of Tesla, drew significant attention on the last day of 2023 by posting a satellite image of North and South Korea on X (formerly Twitter), demonstrating the striking contrast between the two Koreas at night. The shared photo vividly contrasts the brightly lit South Korea with [...]
SEOUL, Dec. 28 (Korea Bizwire) — South Korea struck a free trade agreement (FTA) with a group of Arab countries Thursday, a move expected to strengthen Seoul’s export competitiveness and boost energy security, the industry ministry here said. South Korea’s Trade Minister Ahn Duk-geun and Secretary General of the Gulf Cooperation Council (GCC) Jassim Muhammad [...]