SEOUL, Dec. 10 (Korea Bizwire) — Cho Ji-ho, commissioner general of the Korean National Police Agency, and two other top police officials have been banned from leaving the country in connection with the ongoing police investigation into President Yoon Suk Yeol’s short-lived declaration of martial law last week, the National Office of Investigation (NOI) said [...]
SUWON, Dec. 4 (Korea Bizwire) – A South Korean appeals court has upheld a fine against a YouTuber who was charged with defaming another content creator during a livestream that had only one viewer, establishing that public exposure can exist even with minimal viewership. The Suwon High Court’s Criminal Division 2-1 rejected an appeal on December [...]
SEOUL, Dec. 4 (Korea Bizwire) – SK Bioscience has prevailed in an appellate court ruling against Pfizer’s subsidiary, Wyeth LLC, in a patent infringement lawsuit concerning the export of pneumococcal vaccine components to Russia. The Patent Court of Korea overturned a lower court decision, ruling that SK Bioscience’s supply of the 13-valent pneumococcal conjugate vaccine [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korean authorities have apprehended 39 individuals in a sweeping raid on a foreigners-only club in Suwon, suspected of drug trafficking and employing undocumented workers, the police announced on November 2. The raid, conducted by the Suwon West Police and Suwon Immigration Office, targeted a club catering exclusively to Vietnamese [...]
SEOUL, Nov. 28 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has upheld a lower court ruling requiring Nexon Korea to partially refund players who were affected by falsely advertised probability rates for in-game items. The Supreme Court’s Third Division rejected Nexon’s appeal on November 28, finalizing a ruling that orders the company [...]
SEOUL, Nov. 27 (Korea Bizwire) – Korea’s financial investment sector will issue an urgent statement advocating for an amendment to the Commercial Act, extending directors’ fiduciary duty beyond companies to their shareholders. The statement, orchestrated by the Korea Corporate Governance Forum, will be unveiled on November 28 at the Press Center in Seoul. This move comes [...]
SEOUL, Nov. 26 (Korea Bizwire) – Naver Webtoon has successfully halted the operation of over 70 illegal overseas webtoon-sharing sites following legal proceedings in the United States, the company announced on Tuesday. The company recently filed a subpoena request with a U.S. court, seeking personal information from a major content delivery network and two domain registration [...]
SEOUL, Nov. 26 (Korea Bizwire) — Min Hee-jin, the former CEO of K-pop label ADOR, has filed a criminal complaint against its parent company’s public relations executives, alleging misconduct related to their duties in promoting the label’s girl group NewJeans, Min’s representatives said Tuesday. Min filed the complaint with Seoul’s Yongsan Police Station on Monday, [...]
SEOUL, Nov. 24 (Korea Bizwire) – The number of doctors arrested for drug-related offenses in South Korea is on track to hit a record high this year, with nearly 300 cases reported through October alone. This trend underscores growing concerns about drug abuse and misuse within the medical profession. Data submitted to Representative Yang Boo-nam of [...]
SEOUL, Nov. 24 (Korea Bizwire) – A South Korean YouTuber known for live-streaming drug busts after luring suspects has been convicted, raising questions about the legality of so-called vigilante justice. The Seoul Northern District Court sentenced the former YouTuber, identified as A, to six months in prison, suspended for two years, along with 120 hours of [...]