SEOUL, Nov. 12 (Korea Bizwire) — South Korean banks will begin operations an hour later than usual on Thursday due to the national college entrance exam, a local association of banks said Tuesday. Around 520,000 high school seniors and graduates were to take the College Scholastic Ability Test (CSAT) on Thursday. In a move to [...]
SEOUL, Nov. 12 (Korea Bizwire) – Controversy has erupted after Eric, a member of K-pop group The Boyz, mistakenly shared photos of condoms packaged to look like Pepero snacks on social media, prompting an apology from the condom manufacturer Bareun Saenggak. The incident occurred on November 11 when Eric posted a handwritten letter to fans for [...]
SEOUL, Nov. 11 (Korea Bizwire) – As temperatures drop in Seoul, a long-simmering conflict over the care of stray cats is heating up again, pitting animal welfare advocates against local residents concerned about nuisance and ecological impact. “We must prevent these babies from freezing to death,” said a resident of Seoul’s Gwanak district, who has been [...]
SEOUL, Nov. 11 (Korea Bizwire) — A Chinese man was released from police custody after being questioned on suspicion of filming the headquarters of the state spy agency using a drone, police said Monday. The Chinese national in his 40s was released late Sunday, a day after he was caught by the police for appearing [...]
SEOUL, Nov. 11 (Korea Bizwire) – Diabetes, once primarily associated with older adults, is increasingly affecting younger South Koreans, with an estimated 308,000 people in their 20s and 30s living with the condition, according to new data. The Korean Diabetes Association, ahead of World Diabetes Day on November 14, released its “Diabetes Fact Sheet 2024″ revealing [...]
SEOUL, Nov. 11 (Korea Bizwire) – A month after Netflix’s global culinary competition sensation “Culinary Class Wars” aired its finale, the show faces mounting controversies as allegations of financial misconduct, illegal business operations, and personal scandals have emerged around several contestants. Lee Young-sook, 69, celebrated on the show as a “master of Korean cuisine,” faces legal [...]
SEOUL, Nov. 8 (Korea Bizwire) – In a significant demographic shift, 1 in 10 marriages in South Korea last year was multicultural, while children born to multicultural families accounted for 5.3% of all births, according to statistics released on November 7 by Statistics Korea. The annual report on multicultural population dynamics revealed that multicultural marriages increased [...]
SEOUL, Nov. 8 (Korea Bizwire) – According to a new study released on November 7 by the Korea CXO Research Institute, employees at Korea’s top 100 companies face steep odds in reaching executive positions, with chances falling below 1%. The study, which examined promotion possibilities at the country’s 100 largest listed companies by revenue, revealed that [...]
SEOUL, Nov. 8 (Korea Bizwire) – Samsung Electro-Mechanics held its fourth annual “Blue Elephant Forum” on November 6 at the Samsung Financial Campus in Seocho District, Seoul, to discuss cyberbullying prevention strategies and share the results of its flagship social responsibility program. Launched in 2020, the “Blue Elephant” initiative aims to cultivate prosocial capabilities among youth, [...]
SEOUL, Nov. 7 (Korea Bizwire) — Donald Trump’s return to the White House is expected to have a significant impact on the export-driven South Korean economy and increase market volatility as he has warned of protectionist policies, decoupling from China and other drastic policy shifts across the board, experts said Thursday. “If the policy stance [...]