SEOUL, Sept. 18 (Korea Bizwire) — The former chief of the U.S. Space Force has warned that possible cooperation between North Korea and Russia could enable Pyongyang with “greater” space capabilities as concerns grow over the two countries’ efforts to forge closer ties. Ret. Gen. John W. Raymond, the U.S. Space Force’s first chief of [...]
SEJONG, Sept. 18 (Korea Bizwire) — South Korea plans to invest around 2.2 trillion won (US$1.65 billion) through 2028 to establish industrial clusters for cutting-edge technologies, the finance ministry said Monday. The country will initially allocate 400 billion won in 2024 for industrial zones specialized in strategic and medical industries, according to the Ministry of [...]
SEOUL, Sept. 18 (Korea Bizwire) — President Yoon Suk Yeol embarked on a five-day visit to New York on Monday to attend the U.N. General Assembly and meet with world leaders amid signs of growing military cooperation between North Korea and Russia. During the annual U.N. gathering, Yoon is also set to hold a flurry [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea will strengthen emergency seawater radiation tests by adding more coastal spots to ease public concerns about Japan’s release of contaminated water from its crippled Fukushima nuclear power plant into the ocean, Seoul’s oceans minister has said. In July, South Korea began emergency radiation tests on samples from [...]
SEOUL, Sept. 18 (Korea Bizwire) — North Korean leader Kim Jong-un has left the Far Eastern city of Vladivostok for home after “successfully” completing a visit to Russia that will open up a “new chapter” in their bilateral relations, Pyongyang’s state media reported Monday. During the six-day trip, Kim held a summit with Russian President [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea will invest about 290 billion won (US$218 million) to develop an improved version of a homegrown bunker-buster missile capable of striking underground enemy targets, the state arms procurement agency said Monday. The project comes as South Korea’s military has been seeking to reinforce its deterrence capabilities against [...]
SEOUL, Sept. 18 (Korea Bizwire) – The recent series of court rulings recognizing the use of ultrasound and electroencephalogram (EEG) diagnostic devices by Doctors of Korean Medicine (or Korean Medicine Doctor (KMD)) has reignited the ongoing dispute between KMDs and conventional medical doctors. This conflict has escalated to a critical point, exacerbated by the issue of [...]
SEOUL, Sept. 18 (Korea Bizwire) – A recent survey showed that about two out of three Koreans believe they are paying too much in taxes compared to the social security benefits they receive. The share of those who said they would not like to pay more taxes or social insurance fees even if welfare benefits were [...]
SEOUL, Sept. 18 (Korea Bizwire) – Lee Dae-eun (38), from Namhae County, South Gyeongsang Province, still feels a sense of dizziness when he recalls the day in June 2021 when his wife abruptly experienced labor pains two months before the due date of their third child. Due to the absence of a maternity clinic in Namhae [...]
SEOUL, Sept. 18 (Korea Bizwire) — Newly released data indicates a concerning surge in car accidents involving drivers aged 65 and older, marking a record high in the past year. This uptick has been a persistent trend since 2017, with a brief interruption attributed to the COVID-19 pandemic in 2020. Unfortunately, this pattern has resumed since [...]