SEOUL, May 23 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to a 17-week low Monday, as the omicron-driven surge has slowed in recent weeks. The country added 9,975 new infections, including 17 cases from overseas, bringing the total caseload to 17,967,672, the Korea Disease Control and Prevention Agency (KDCA) said. Monday’s tally dropped [...]
SEOUL, May 23 (Korea Bizwire) — A recent study suggested that the growing level of video game addiction during COVID-19 pandemic era can be largely attributed to gamers’ intent to escape reality. Jang Ye-beet, a professor at Aju University’s culture and contents department, conducted a survey of 256 online gamers in their 20s living in [...]
SEOUL, May 22 (Korea Bizwire) — South Korea’s new coronavirus cases fell below 20,000 for the first time in six days on Sunday in a downward trend in virus cases amid the government’s effort to move the country back to pre-pandemic normalcy. The country added 19,298 new infections, including 24 cases from overseas, bringing the [...]
SEOUL, May 22 (Korea Bziwire) — Chinese people purchased nearly 7,000 buildings in South Korea last year, with more than half of the properties being from the Greater Seoul area, a ruling party lawmaker said Sunday. A total of 6,640 buildings, including apartments, were purchased by Chinese nationals last year, and 2,659 of them are [...]
SEOUL, May 21 (Korea Bizwire) — South Korea’s new COVID-19 cases fell for a fourth consecutive day to stay below 30,000 on Saturday as the government kept tight vigilance with the postponement of a plan to relax more antivirus curbs. The country added 23,462 new COVID-19 infections, including 11 cases from overseas, bringing the total [...]
SEOUL, May 21 (Korea Bizwire) — A countless number of investors in two main tokens of Terraform Labs have lost their life savings due to a deceitful algorithm created by Do Kwon, the embattled cryptocurrency firm’s co-founder and CEO, a lawyer representing the investors claimed Friday. In an unprecedented black swan event, TerraUSD, a so-called [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s new COVID-19 cases fell for a third consecutive day to stay below 30,000 on Friday, as the government pushed back the plan to relax more virus restrictions, citing the continuing omicron wave and possible spread of other variants. The country added 25,125 new COVID-19 infections, including 22 [...]
SEOUL, May 20 (Korea Bizwire) — The state human rights watchdog on Thursday ruled that a dating app policy that only allows men from certain schools or occupations to join the app fails to amount to an act of discrimination. The National Human Rights Commission announced that it had turned down the complaint that it [...]
SEOUL, May 20 (Korea Bizwire) — Prosecutors are looking into whether to bring Ponzi fraud charges against CEO Do Kwon of Terraform Labs, sources said Friday, a day after investors sued him over the shocking crash of the firm’s two cryptocurrencies. In a crash starting last week, Terraform’s two main tokens, TerraUSD and sister coin [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to around 28,000 on Thursday, continuing the modest decline as the omicron spread has been slowing for weeks. The country added 28,130 new COVID-19 infections, including 15 cases from overseas, bringing the total caseload to 17,889,849, the Korea Disease Control and Prevention Agency [...]