WASHINGTON, Sept. 18 (Korea Bizwire) — President Joe Biden expressed his appreciation Monday to South Korea and other countries for helping achieve the return of five American citizens who were detained in Iran. Biden issued a statement celebrating their release under a rare swap deal with Tehran that reportedly saw around $6 billion in Iranian [...]
SEOUL, Sept. 19 (Korea Bizwire) — The share of female executives at South Korea’s major firms has more than doubled over the past five years on positive factors, including last year’s implementation of a related law, a corporate tracker said Tuesday. A total of 265 firms belonging to the country’s top 30 business groups had [...]
SEOUL, Sept. 19 (Korea Bizwire) — Direct purchases South Koreans made from overseas almost tripled over the past four years, data from the Korea Customs Service showed Tuesday. According to the data submitted to Rep. Han Byung-do of the main opposition Democratic Party, South Korean shoppers made about 96,120,000 cross-border purchases online in 2022, up [...]
SEOUL, Sept. 19 (Korea Bizwire) — South Korea dispatched a team of experts to Japan’s Fukushima nuclear power plant Tuesday as part of regular visits to monitor the release of contaminated water into the ocean, according to an official. “This visit marks the first onsite activity since the first round of water release concluded on [...]
SEOUL, Sept. 19 (Korea Bizwire) — Five years after its signing, the fate of a landmark inter-Korean military tension reduction agreement is in limbo as a series of violations by North Korea raised questions about its need, with the incoming defense minister openly calling for its scrapping. The Comprehensive Military Agreement was signed when then [...]
SEOUL, Sept. 19 (Korea Bizwire) — A mosaic mural depicting North Korean leader Kim Jong-un was erected at an elite school in Pyongyang, state media reported Tuesday, as North Korea has been bolstering its leader’s personality cult. The North held a ceremony unveiling the mosaic Sunday at Mangyongdae Revolutionary School to portray his “benevolent image” [...]
NEW YORK/SEOUL, Sept. 19 (Korea Bizwire) — President Yoon Suk Yeol held summits with the leaders of Sri Lanka, San Marino and seven other nations in New York on Monday (local time), kicking off a series of bilateral meetings arranged on the sidelines of the U.N. General Assembly to seek support for South Korea’s bid [...]
SEOUL, Sept. 19 (Korea Bizwire) – Students from Kassel University in Germany, along with nearby residents, organized a mask demonstration chanting ‘I’m Nujin’ and ‘Save Nujin’ after the Statue of Peace ‘Nujin,’ set up by the student council, was unexpectedly removed. On September 2 (local time), in front of Kassel Central Station during Kassel Museum Night, [...]
SEOUL, Sept. 19 (Korea Bizwire) – Shop owners in Hambak Village, Yeonsu-gu, Incheon, which is home to a significant foreign population, have come together to demand protection for their business rights. On September 18, more than 50 members of the Task Force for the Survival Rights of Local Shop Owners in Hambak Village gathered in front [...]
SEOUL, Sept. 18 (Korea Bizwire) – The Seoul city government will build the world’s second domed baseball stadium annexed with a hotel in its southeastern district of Jamsil by 2031, city officials said Monday. Seoul Mayor Oh Se-hoon unveiled the plan on Saturday after touring Canada’s Rogers Center, a multipurpose retractable roof stadium, home to [...]