SEOUL, June 19 (Korea Bizwire) — North Korea fired around 10 artillery shells from its multiple rocket launcher system Thursday, South Korea’s military said, a day after the South conducted joint air drills with the United States and Japan. The North fired the shells toward the Yellow Sea at around 10 a.m. from the Sunan [...]
TOKYO/SEOUL, June 19 (Korea Bizwire) — Japanese Prime Minister Shigeru Ishiba said Thursday he had a good discussion with President Lee Jae Myung during their first summit in Canada earlier this week, noting that they “aligned on views” on shared issues. Ishiba made the remark at an event in Tokyo held to celebrate the 60th [...]
SEOUL, June 19 (Korea Bizwire) — South Korea’s internet-only lender Kakao Bank said Thursday it has received approval from the Thai government to operate a “virtual bank,” marking the first reentry of a Korean bank into the Thai market in 25 years. The Thai Ministry of Finance recently selected a consortium formed by Kakao Bank [...]
SEOUL, June 19 (Korea Bizwire) — More than 40 South Korean nationals and their family members have evacuated Iran and Israel via land routes and arrived safely in neighboring countries, the foreign ministry said Thursday, amid escalating tensions between the two nations. Eighteen South Koreans and two Iranian family members crossed the border into Turkmenistan [...]
SEOUL, June 19 (Korea Bizwire) — The chairman of Daewoo Engineering & Construction (E&C) Co. has paid a courtesy call on Mozambican President Daniel Chapo to seek support for potential liquefied natural gas (LNG) construction projects in the African nation, the company said Thursday. During his visit to the presidential office in Maputo on Wednesday [...]
SEOUL, June 19 (Korea Bizwire) — Contrary to persistent public concerns that foreign nationals are draining South Korea’s national health insurance system, new data reveal a dramatically different reality: foreign enrollees have delivered a growing budget surplus for eight consecutive years, reaching an all-time high in 2024. According to figures released Wednesday by the National [...]
SEOUL, June 19 (Korea Bizwire) — For the first time, more than 30% of cardiac arrest patients in South Korea received cardiopulmonary resuscitation (CPR) from bystanders before emergency personnel arrived—marking a milestone in public health efforts to improve survival outcomes outside of hospital settings. According to data released Wednesday by the Korea Disease Control and [...]
SEOUL, June 19 (Korea Bizwire) — The Bank of Korea has warned that continued efforts to stimulate construction investment through non-capital region housing projects may be exacerbating the nation’s widening housing market divide, rather than resolving it. In a report released Wednesday, the central bank argued that building new homes in low-demand regions outside the [...]
SEOUL, June 19 (Korea Bizwire) — A wave of consumer complaints is erupting over how some South Korean law firms are handling group lawsuits related to the high-profile hacking incident involving SK Telecom. Critics say certain firms are aggressively soliciting participants and collecting upfront fees without adequate explanation—only to later demand detailed evidence of damages, [...]
SEOUL, June 19 (Korea Bizwire) — A popular government program aimed at supporting reproductive health in South Korea is facing backlash after a wave of early closures due to budget constraints left many would-be applicants unable to access services. As interest in preconception health rises sharply among younger adults, some local governments have already exhausted [...]