ULSAN, June 13 (Korea Bizwire) -- Wage negotiations between Hyundai Motor Co., South Korea’s leading automaker, and its union have collapsed, union representatives said Thursday, with workers expected to vote later this month whether to stage a walkout. The union decided to call off further negotiations after holding the eighth round of talks at the [...]
SEOUL, Jun. 13 (Korea Bizwire) – The 4.8-magnitude earthquake that struck North Jeolla Province on the morning of June 12 served as a jarring reminder that the Korean Peninsula is not impervious to significant seismic risks, despite being located in a less active zone than neighboring Japan. While far outpacing South Korea in frequency, with an [...]
SEOUL, Jun. 13 (Korea Bizwire) – Patients with severe illnesses, including cancer, gathered in front of Seoul National University Hospital on June 12 to urge doctors to immediately call off their planned indefinite strike starting on June 17, with some groups considering filing lawsuits against the striking physicians. At a news conference, the Korean Alliance for [...]
SEOUL, Jun. 13 (Korea Bizwire) – A new survey has underscored the increasing adoption of digital technologies like kiosks among older South Koreans, even as significant hurdles remain for many in that demographic navigating the online world. The report, released June 12 by the Seoul Digital Foundation after interviewing 5,500 residents aged 19 and above, found [...]
ASTANA, Jun. 13 (Korea Bizwire) — President Yoon Suk Yeol was to head to Uzbekistan, the final leg of his Central Asia trip, after wrapping up a three-day state visit to Kazakhstan on Thursday. Before departure, Yoon will meet with Kazakh Prime Minister Alikhan Smailov to review the agenda items discussed during his summit with [...]
SEOUL, Jun. 13 (Korea Bizwire) — Finance Minister Choi Sang-mok on Thursday called for beefing up an “external safety net” to better respond to uncertainties regarding interest rates in the United States and other nations. Choi made the remarks during an emergency macroeconomic meeting meant to assess the Federal Reserve’s rate-setting meeting Wednesday (U.S. time), [...]
SEOUL, Jun. 13 (Korea Bizwire) — Any illegal acts related to the collective action by doctors will be dealt with sternly, the government said Thursday, as medical professors and community doctors plan to stage walkouts in protest against the medical school quota hike. The Korea Medical Association (KMA), the biggest doctors’ group, plans a one-day [...]
SEOUL, Jun. 13 (Korea Bizwire) – The South Korean Army has brought into service a new domestically developed bridging system called “Suryon” (Water Dragon), significantly enhancing its ability to cross rivers and other water obstacles during military operations. The Suryon, now deployed with the 7th Maneuver Corps, is an amphibious vehicle capable of transforming from a [...]
SEOUL, June 12 (Korea Bizwire) – The South Korean units of Google and Apple were among firms here fined for allegedly violating a law on location data collection, the telecom regulator said Wednesday. Google’s Korean unit was ordered to pay a fine of 3 million won (US$2,180) for allegedly violating a clause on disclosing its [...]
SEOUL, June 12 (Korea Bizwire) – A Russian man, who entered South Korea two years ago after refusing to be drafted to fight against Ukraine, has been granted refugee status by a local court for the first time, judicial officials said Wednesday. The Seoul Administrative Court made the ruling on May 22 in the lawsuit [...]