SEOUL, Dec. 13 (Korea Bizwire) – South Korean investors are increasingly turning to gold as a safe-haven asset, driven by a combination of domestic political turbulence and international geopolitical tensions. The trend comes as gold prices show signs of rebounding after a brief November dip, bolstered by news of renewed Chinese gold purchases following October’s record [...]
LOS ANGELES, Dec. 13 (Korea Bizwire) – As the gaming industry prepares for The Game Awards (TGA), often called the Oscars of gaming, South Korea’s hopes rest on a single nominee, while Asian developer are making unprecedented gains in the prestigious competition. According to the TGA jury, Stellar Blade, developed by South Korean studio Shift Up [...]
SEOUL, Dec. 13 (Korea Bizwire) – The recent declaration and swift repeal of martial law in South Korea, coupled with political turbulence surrounding President Yoon Suk-yeol, has significantly impacted the entertainment landscape, including the online streaming industry. OTT platforms, typically bustling during the winter peak season, saw a sharp decline in viewer engagement as the nation’s [...]
SEOUL, Dec. 12 (Korea Bizwire) – South Korea’s ongoing political protests have taken an unexpected cultural turn, with young demonstrators incorporating K-pop lightsticks—typically used at concerts—into their gatherings. As crowds chant and wave lightsticks to popular songs, the vibrant displays are transforming the nation’s protest culture. Lightstick Rentals and Sales Skyrocket Secondhand marketplaces like Karrot and [...]
SEOUL, Dec. 12 (Korea Bizwire) –In a seismic shift in South Korea’s corporate desirability rankings, SK Hynix has claimed the top spot as the most coveted workplace for 2024, according to a report released by leading recruitment platform Catch. The semiconductor giant leaped from 4th place last year, overtaking long-time favorite Samsung Electronics, which fell [...]
SEOUL, Dec. 12 (Korea Bizwire) – Samsung Electronics announced the upcoming release of the Galaxy Book5 Pro, its latest AI-powered PC, set to launch in South Korea on January 2. The new laptop integrates Samsung’s proprietary Galaxy AI alongside Microsoft’s Copilot+, offering enhanced artificial intelligence capabilities for productivity and creativity. The Galaxy Book5 Pro, unveiled at [...]
SEOUL, Dec. 11 (Korea Bizwire) – LG Electronics has introduced six new products in its “LG Comfort Kit” lineup, enhancing accessibility for individuals with disabilities and senior citizens. The Comfort Kit, first launched in March this year, is a pioneering effort in the appliance industry, designed to make home appliances more user-friendly for people of [...]
SEOUL, Dec. 10 (Korea Bizwire) – Political turmoil following President Yoon Suk Yeol’s declaration of martial law has cast doubt on South Korea’s anticipated 9 trillion won export deal with Poland for additional K2 Black Panther tanks. As the December 3 martial law crisis continues to impede the president’s ability to perform his duties normally, concerns are [...]
SEOUL, Dec. 10 (Korea Bizwire) — New installations of global messaging app Telegram have spiked in South Korea, data showed Tuesday, as concerns brewed over possible media censorship following the martial law fiasco. The number of new Telegram installations came to 40,576 cases last Tuesday, according to data compiled by industry tracker IGAWorks, the day President [...]
SEOUL, Dec. 9 (Korea Bizwire) – As nationwide protests criticizing President Yoon Suk Yeol’s declaration of martial law gain momentum, a wave of innovative, community-driven acts is capturing attention. Among them, citizens and students are pre-paying for food and drinks—such as coffee, rice rolls, and soups—at nearby shops to support fellow demonstrators. Social media platforms [...]