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Activists Face Legal Scrutiny After Cathedral Rooftop Protest as South Korea Reexamines the Legacy of High-Rise Demonstrations

Activists Face Legal Scrutiny After Cathedral Rooftop Protest as South Korea Reexamines the Legacy of High-Rise Demonstrations

SEOUL, May 5 (Korea Bizwire) —  Two disability rights activists affiliated with the Solidarity Against Disability Discrimination (SADD) underwent a pretrial detention hearing on Monday after staging a 15-day rooftop protest atop a Catholic cathedral in Seoul’s Hyehwa-dong neighborhood. They were arrested earlier this month on charges of violating assembly laws after descending voluntarily from the [...]

One Month After Short-Selling Ban Lifted, Foreign Investors Remain Absent From Korean Markets

One Month After Short-Selling Ban Lifted, Foreign Investors Remain Absent From Korean Markets

SEOUL, May 5 (Korea Bizwire) —  A month after South Korea fully reinstated short selling across all listed stocks, expectations that foreign investors would return to the domestic market have yet to materialize, despite signs of market resilience and easing volatility. According to data from the Korea Exchange, total short-selling turnover on the KOSPI and KOSDAQ [...]

U.S. Naval Demand and LNG Boom Present Opportunity—and Challenge—for Korean Shipbuilding

U.S. Naval Demand and LNG Boom Present Opportunity—and Challenge—for Korean Shipbuilding

SEOUL, May 4 (Korea Bizwire) —  As the second Trump administration signals renewed interest in U.S.-Korea collaboration in shipbuilding, South Korea is eyeing an opportunity to revitalize its maritime industry. However, analysts warn that meaningful gains will require overcoming major domestic obstacles, including limited U.S. infrastructure and an acute labor shortage at home. According to a [...]

Diabetes Doubles Among Young Adults, Fueling Urgent Health Warnings

Diabetes Doubles Among Young Adults, Fueling Urgent Health Warnings

SEOUL, May 2 (Korea Bizwire) —Type 2 diabetes is rapidly spreading among South Korea’s young adults, with prevalence rates nearly doubling over the past decade, according to a new study published in the Diabetes & Metabolism Journal, the official publication of the Korean Diabetes Association. The research, which analyzed data from 2010 to 2020, found [...]

South Korea Struggles to Retain Foreign STEM Talent Amid Language and Cultural Barriers

South Korea Struggles to Retain Foreign STEM Talent Amid Language and Cultural Barriers

SEOUL, April 28(Korea Bizwire) —  Despite aggressive efforts to attract outstanding foreign talent to bolster its science and engineering sectors, South Korea is facing challenges in persuading international students to settle in the country after graduation, a new government report shows. On April 27, the National Research Foundation of Korea released findings from its study on [...]

Korean Conglomerates Mobilize Against U.S. Tariff Risks with Local Production and Inventory Strategies

Korean Conglomerates Mobilize Against U.S. Tariff Risks with Local Production and Inventory Strategies

SEOUL, April 25, (Korea Bizwire) — South Korea’s largest corporations are ramping up their responses to the renewed threat of U.S. tariffs under the Trump administration by stockpiling inventory and expanding production within the United States, signaling a shift toward more aggressive contingency planning. During first-quarter earnings calls on April 24, companies across the automotive, [...]

Korean Court Upholds Suspension of Pastor Who Blessed LGBTQ Participants at Queer Festival

Korean Court Upholds Suspension of Pastor Who Blessed LGBTQ Participants at Queer Festival

SEOUL, April 25 (Korea Bizwire) —  A South Korean appellate court has upheld the disciplinary suspension of Pastor Lee Dong-hwan, who received a two-year suspension from the Korean Methodist Church for offering blessings to LGBTQ individuals during a queer cultural festival in 2019. The Seoul High Court’s Civil Division 9 on April 24 dismissed Lee’s appeal [...]

Domestic Consumption Faces Long-Term Decline Amid Structural Shifts

Domestic Consumption Faces Long-Term Decline Amid Structural Shifts

SEOUL, April 24 (Korea Bizwire) —  South Korea’s domestic consumption has entered a prolonged downward trend, driven not by short-term disruptions like COVID-19 or inflation, but by deep-rooted structural issues such as demographic aging, employment patterns, and industrial shifts, according to a new report released on April 23, 2025, by the Korea Chamber of Commerce and [...]

South Korea Expands Access for Assistance Dogs Under New Disability Law Revisions

South Korea Expands Access for Assistance Dogs Under New Disability Law Revisions

SEOUL, April 22 (Korea Bizwire) —  Starting April 23, 2025, individuals with disabilities in South Korea will be allowed to enter nearly all public and private spaces with assistance dogs, following a newly revised enforcement ordinance and rule under the Disability Welfare Act (ACT ON WELFARE OF PERSONS WITH DISABILITIES). Announced by the Ministry of Health [...]

U.S.-China Tariff War Sparks Fears of Dumping Surge in South Korea

U.S.-China Tariff War Sparks Fears of Dumping Surge in South Korea

SEOUL, April 21 (Korea Bizwire) —  As the U.S.-China trade war escalates in 2025, South Korea’s retail and small manufacturing sectors are bracing for a potential flood of low-cost Chinese goods that could destabilize domestic markets. Industry concerns have mounted following a series of aggressive tariff measures by former U.S. President Donald Trump. On April 9, [...]