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Immigration Raid Raises Doubts Over Korean Corporate Investment in U.S.

Immigration Raid Raises Doubts Over Korean Corporate Investment in U.S.

SEOUL, Sept. 12 (Korea Bizwire) — More than 300 South Korean workers detained in a sweeping U.S. immigration raid have been released a week after their arrest, bringing relief to families and easing fears that the dispute could further strain bilateral ties. On Thursday, buses carrying the workers left an Immigration and Customs Enforcement (ICE) [...]

Korean Firms Reassess U.S. Investments After Mass Immigration Raid

Korean Firms Reassess U.S. Investments After Mass Immigration Raid

SEOUL, Sept. 12 (Korea Bizwire) — South Korea’s corporate sector is bracing for a slowdown in U.S. investment following the detention of more than 300 Korean nationals in an immigration raid, a crisis that has already disrupted battery factory construction and cast doubt over high-profile bilateral projects. The most immediate impact has fallen on HL-GA, [...]

Science Minister Visits KT’s Office Amid Mobile Payment Breach

Science Minister Visits KT’s Office Amid Mobile Payment Breach

SEOUL, Sept. 11 (Korea Bizwire) — Science Minister Bae Kyung-hoon visited an office of South Korea’s No. 2 mobile carrier KT Corp. on Thursday, calling for an all-out effort to address a recent series of unauthorized mobile payments. The visit came after a total of 278 cases of unauthorized mobile payments worth 170 million won [...]

Arrest Warrant Sought For Key Figure In Stock Manipulation Linked To Ex-First Lady

Arrest Warrant Sought For Key Figure In Stock Manipulation Linked To Ex-First Lady

SEOUL, Sept. 11 (Korea Bizwire) — Special counsel Min Joong-ki’s team on Thursday requested an arrest warrant for a senior construction company executive over his alleged role in a stock price manipulation scheme possibly involving former first lady Kim Keon Hee. The investigation team filed for the warrant for Lee Ki-hoon, vice chairman of Sambu [...]

Calls for Boycott of U.S. Brands Surge in Korea After Delay in Release of Detained Workers

Calls for Boycott of U.S. Brands Surge in Korea After Delay in Release of Detained Workers

SEOUL, Sept. 11 (Korea Bizwire) — A wave of online calls to boycott American goods erupted in South Korea on Thursday after the U.S. delayed the repatriation of roughly 300 Korean workers detained in Georgia last week. Posts on forums and social media targeted Costco, McDonald’s, and Starbucks, with some pledging to cancel Tesla orders [...]

Court Bars Clinic-Linked Pharmacies, Citing Risks of Collusion

Court Bars Clinic-Linked Pharmacies, Citing Risks of Collusion

SEOUL, Sept. 11 (Korea Bizwire) — In a precedent-setting ruling, South Korea’s Supreme Court said Thursday that pharmacists may seek the cancellation of a rival pharmacy’s license if it opens directly next to a medical clinic in violation of pharmacy law. The decision overturned a lower court’s dismissal of a lawsuit brought by pharmacists in [...]

Trump-Era Tariff Change Sparks Outcry Over Soaring Costs of Shipping Packages to U.S.

Trump-Era Tariff Change Sparks Outcry Over Soaring Costs of Shipping Packages to U.S.

SEOUL, Sept.11 (Korea Bizwire) — South Koreans with children studying in the United States are facing sticker shock after Washington eliminated duty-free exemptions on small parcels, a move that has sent shipping costs soaring and left families questioning whether to send packages at all. Until last month, personal shipments valued under $800 were exempt from [...]

South Korea Moves to Legalize Tattooing by Non-Medical Practitioners After 33 Years

South Korea Moves to Legalize Tattooing by Non-Medical Practitioners After 33 Years

SEOUL, Sept. 10 (Korea Bizwire) — South Korea is poised to legalize tattooing by non-medical practitioners for the first time in more than three decades, after a legislative committee approved a bill that would formally recognize tattoo artists as licensed professionals. The Legislation and Judiciary Committee of the National Assembly passed the so-called Tattooist Act on [...]