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 & Washington, Nov. 10 (Korea Bizwire) – In the wake of Donald Trump’s election as the 47th President of the United States, a growing number of American women are embracing the “4B movement,” a social protest originally popularized in South Korea that advocates for abstaining from dating, marriage, childbirth, and sexual relationships as a response [...]
SEOUL, Nov. 9 (Korea Bizwire) – In 2021, a retired racehorse named Mariage met a tragic end during the filming of a scene for the KBS drama “The King of Tears, Lee Bangwon.” Three years later, as animal rights advocates gathered to commemorate the horse’s death, promised reforms for animal performer protection remain largely unrealized. “Dear [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korean markets experienced sharp divergence on November 7 as Donald Trump’s election victory triggered significant movements across different sectors, with shipbuilding companies surging while clean energy stocks tumbled. The former U.S. president’s conversation with South Korean President Yoon Suk Yeol, during which he expressed interest in bilateral shipbuilding cooperation, [...]
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. 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 [...]
SEOUL, Nov. 6 (Korea Bizwire) – The number of South Koreans opting to remain economically inactive without specific reasons has gone up by 245,000 this year amid tough job market conditions and economic uncertainties, the statistics agency said Wednesday. The total number of economically inactive individuals came to 16.21 million as of August, up 48,000 [...]
SEOUL, Nov. 6 (Korea Bizwire) – A new survey has revealed that seven out of 10 Korean companies believe extending the retirement age would create significant management challenges due to seniority-based wage systems, according to findings released on November 5 by the Korea Enterprises Federation (KEF). The survey, conducted by Research & Research on behalf of [...]
SEOUL, Nov. 5 (Korea Bizwire) – China’s unprecedented decision to include South Korea in its visa-free policy could redirect the travel patterns of young Korean tourists, who have recently favored Japan as their primary destination in Asia. According to aviation industry sources on November 4, China will implement a visa waiver program for nine countries, including [...]
SEOUL, Nov. 4 (Korea Bizwire) – In response to the recent suicide of a sex worker driven to despair by illegal loan sharks, Seoul Metropolitan Government has announced comprehensive measures to combat predatory lending practices, particularly those targeting vulnerable populations. The city’s initiative, announced on November 3, comes after the tragic death of a single mother [...]