SEOUL, Nov. 12 (Korea Bizwire) — Hyundai Motor Co. on Tuesday forged a partnership with the Ulsan metropolitan city to cooperate in establishing an overall municipal ecosystem based on clean hydrogen energy within the industrial city in South Korea’s southeast. Under their memorandum of understanding, Hyundai and the city government will collaborate in developing and [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korean banks will begin operations an hour later than usual on Thursday due to the national college entrance exam, a local association of banks said Tuesday. Around 520,000 high school seniors and graduates were to take the College Scholastic Ability Test (CSAT) on Thursday. In a move to [...]
SEOUL, Nov. 12 (Korea Bizwire) – Controversy has erupted after Eric, a member of K-pop group The Boyz, mistakenly shared photos of condoms packaged to look like Pepero snacks on social media, prompting an apology from the condom manufacturer Bareun Saenggak. The incident occurred on November 11 when Eric posted a handwritten letter to fans for [...]
SEOUL, Nov. 11 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s dominant mobile messenger, has filed an administrative lawsuit against a government fine of15.1 billion won (US$11 million) over the leaking of personal information on a large scale, according to sources Monday. The Personal Information Protection Commission, the government’s personal information watchdog, ordered [...]
SEOUL, Nov. 11 (Korea Bizwire) – A group of North Korean defectors delivered propaganda leaflets to Ukraine on Monday, encouraging North Korean soldiers deployed in Russia to defect, as thousands of North Korean troops have been sent to support Russia’s war against Ukraine. The “Defectors’ Propaganda Corps,” comprising North Korean soldiers-turned-defectors and defectors whose sons [...]
SEOUL, Nov. 11 (Korea Bizwire) – Pizza Hut Korea Ltd., the South Korean operator of the namesake American pizza franchise, on Monday received approval from a court to proceed with an autonomous restructuring support (ARS) plan, putting on hold court-mandated rehabilitation proceedings after losing a lawsuit brought by store owners. The Seoul Bankruptcy Court said [...]
SEOUL, Nov. 11 (Korea Bizwire) – As temperatures drop in Seoul, a long-simmering conflict over the care of stray cats is heating up again, pitting animal welfare advocates against local residents concerned about nuisance and ecological impact. “We must prevent these babies from freezing to death,” said a resident of Seoul’s Gwanak district, who has been [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korea directed 43% of its overseas investments to the United States last year, marking the highest proportion since 1988, as bilateral trade relations reached new heights. The surge comes amid record trade surpluses with the U.S., where intermediate goods like raw materials and components account for half of South [...]
SEOUL, Nov. 11 (Korea Bizwire) — Ukraine’s defense intelligence agency has released an audio clip of what it claims to be intercepted radio communications between North Korean soldiers in Russia speaking in coded military terms. The Defense Intelligence of Ukraine (DIU) uploaded a post on Sunday (local time) of what it claimed to be intercepted [...]
SEOUL, Nov. 11 (Korea Bizwire) — A consultative body involving the ruling People Power Party (PPP), the government and doctors’ groups was launched on Monday to seek to resolve a prolonged walkout by trainee doctors, with the aim of producing “meaningful” results by late December, a PPP lawmaker said. Thousands of trainee doctors have left [...]