SEOUL, Sept. 21 (Korea Bizwire) — The financial regulator said Friday it will give preliminary approval next year for two groups to launch Internet-only banks, as the government aims to reinvigorate the banking industry. Choi Jong-ku, chairman of the Financial Services Commission (FSC), made the remarks a day after the National Assembly passed a bill [...]
SEOUL, Sept. 20 (Korea Bizwire) — After the death of Pporongi, a puma that had called a zoo in Daejeon its home before being shot and killed after escaping from its cage, public sentiment is highly negative due to the nature of how officials tried to handle the situation. As many start to question whether [...]
SEOUL, Sept. 20 (Korea Bizwire) — The San Francisco Comfort Women Memorial in the city center of San Francisco will mark its first anniversary on September 22. The Korean American Forum of California, an organization that was instrumental in having the statue erected, said it is expected to coordinate a march from Saint Mary’s Square [...]
SEOUL, Sept. 20 (Korea Bizwire) – Moon Chung-in, the Special Advisor to South Korean President Moon Jae-in for Foreign Affairs and National Security, said yesterday that North Korean leader Kim Jong-un’s promise to visit Seoul was a single-handed decision made by Kim. Speaking at a briefing held at the press center at Pyongyang’s Koryo Hotel, [...]
SEOUL, Sept. 20 (Korea Bizwire) — Animal rights activist group CARE is pushing for a manual that would allow zookeepers to better handle animals that escape from their cages in response to an incident in Daejeon where a puma had to be shot after escaping from its cage. In a press released, CARE stated that [...]
SEOUL, Sept. 20 (Korea Bizwire) — U.S. Internet giant Google Inc. is estimated to have recorded sales of nearly 5 trillion won (US$4.6 billion) in South Korea last year, a South Korean professor said Thursday. “Google is estimated to have earned around 4.9 trillion won sales in South Korea last year,” said Lee Tae-hee, a [...]
SEOUL, Sept. 20 (Korea Bizwire) — North Korean leader Kim Jong-un has sent a vast amount of expensive pine mushrooms to South Korea as a gift for President Moon Jae-in, Moon’s top press secretary said Thursday. The special gift arrived in South Korea earlier in the day, well before Moon returned from the North after [...]
SEOUL, Sept. 20 (Korea Bizwire) — Pyongyang naengmyeon, a popular cold noodle dish, once again shared the spotlight during the inter-Korean summit currently taking place in Pyongyang. The dish garnered significant media attention at the previous summit at Panmunjom in April, when North Korean officials brought a noodle making machine with them. Yesterday, President Moon [...]
SEOUL, Sept. 20 (Korea Bizwire) — Six in 10 South Korean adults consent to expanding inter-Korean exchanges and cooperation prior to the denuclearization of North Korea, a poll showed Thursday. The survey was conducted on 501 adults nationwide by Seoul-based pollster Realmeter soon after President Moon Jae-in and North Korean leader Kim Jong-un announced their [...]
DAEGU, Sept. 19 (Korea Bizwire) — A species of red fire ants was discovered at an apartment construction site in Daegu today, by constructions workers, prompting them to halt construction work. The day before, a total of 830 ants including a red fire ant queen, 770 worker ants and others were discovered, raising a red [...]