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. 9 (Korea Bizwire) – As South Korea’s entertainment industry grapples with economic headwinds, producers are shifting from expensive dramas to more cost-effective variety shows, with character development emerging as a crucial factor in both formats, industry experts said at a forum on November 7. At the K-Culture Trend Forum held at Amore Pacific headquarters [...]
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) – In a significant move that cements his position among South Korea’s most successful entrepreneurs, Bom Kim, the founder and executive chairman of Coupang, has announced plans for a major stock sale, fourteen years after founding the company and three years after its landmark NYSE debut. Kim, who moved to the [...]
SEOUL, Nov. 8 (Korea Bizwire) – BMW Korea announced on November 7 the domestic launch of its facelifted second-generation 4 Series, the New 4 Series Gran Coupé, which the company says strikes a balance between sporty aesthetics and luxury refinement. The updated model features distinctive design elements that emphasize its dynamic character, including arrow-shaped daytime running [...]
SEOUL, Nov. 8 (Korea Bizwire) – Mercedes-Benz Korea has announced the introduction of its first electrified G-Class model, the “All-New Mercedes-Benz G580 with EQ Technology,” marking a significant evolution in its premium SUV lineup. The company revealed on November 7 that it will initially release 70 units of a distinctive limited edition model, the “Edition One,” [...]
SEOUL, Nov. 8 (Korea Bizwire) – A Chinese national and former SK Hynix employee has been sentenced to 18 months in prison and fined 20 million won for misappropriating critical semiconductor technology before taking a position at Huawei. The Yeoju branch of the Suwon District Court found the 36-year-old female defendant guilty of violating South Korea’s [...]
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 [...]
GWANGJU, Nov. 7 (Korea Bizwire) – Major restaurant chains are increasingly incorporating regional agricultural and seafood products into their new menu items, creating a win-win situation that benefits both local farmers and corporate image. South Jeolla Province announced on November 6 that Banolim Pizza will launch its Yeongam Fig Gorgonzola Pizza featuring Yeongam figs and Goheung [...]