SEOUL, Oct. 27 (Korea Bizwire) – A controversial American YouTuber who goes by the name Johnny Somali, known for his provocative behavior including disruptive acts at convenience stores and inappropriate interactions with comfort women statues, was assaulted during a livestream in Seoul. According to footage shared on online communities on October 27, Somali, whose real name [...]
SEOUL, Oct. 26 (Korea Bizwire) – Residents of three South Korean villages near the heavily fortified border with North Korea have reached their breaking point after enduring more than 20 days of relentless psychological warfare, with North Korean loudspeakers blasting propaganda and disturbing sounds day and night since September 28. The conflict escalated after an organization [...]
SEOUL, Oct. 25 (Korea Bizwire) – In a sign of mounting challenges for the world’s largest coffee chain, Starbucks has withdrawn its fiscal 2025 outlook amid declining sales and profitability concerns that span from its U.S. home market to South Korea. The coffee giant reported disappointing preliminary fourth-quarter results on October 22, with global revenue falling [...]
SEOUL, Oct. 25 (Korea Bizwire) – Data released by South Korea’s National Tax Service has revealed significant income disparities among the country’s workforce, with the average annual salary standing at 41.23 million won while top earners command substantially higher wages, particularly in the capital region. According to figures obtained by Representative Ahn Do-geol of the Democratic [...]
SEOUL, Oct. 25 (Korea Bizwire) – South Korea is set to maintain its economic edge over Japan and Taiwan in per capita GDP this year, according to recent International Monetary Fund projections, with forecasts suggesting it will surpass the $40,000 milestone by 2027. In its World Economic Outlook report released on October 22, the IMF projected [...]
SEOUL, Oct. 25 (Korea Bizwire) – In the week following Han Kang’s historic Nobel Prize in Literature win, South Korean bookstores reported a remarkable 40% increase in sales, with older readers leading the buying surge. According to data analyzed by BC Card, major bookstore chains, both online and offline including Kyobo Book Centre, saw their sales [...]
SEOUL, Oct. 24 (Korea Bizwire) – South Korea’s National Intelligence Service (NIS) has discovered an illicit trade of prescription ADHD medications through social media platforms, raising concerns about drug abuse among students. In a joint operation with police conducted from July to September, the NIS identified 37 chat rooms on Telegram and X (formerly Twitter) dedicated [...]
ULSAN, Oct. 23 (Korea Bizwire) – Researchers at the Ulsan National Institute of Science and Technology (UNIST) have developed an innovative device aimed at alleviating depressive symptoms through guided writing exercises, the university announced on October 22. The device, developed by professor Kim Chajoong’s team at UNIST’s Department of Design, specifically targets individuals with anxious attachment [...]
CHEONAN, Oct. 23 (Korea Bizwire) – “You won’t find bathrooms like this in Paris. These are facilities you’d expect in a five-star hotel, but here in Korea, anyone can use them for free right in the middle of a highway. It’s truly amazing,” said Mikael, 39, a French tourist, giving a thumbs up after using the [...]
SEOUL, Oct. 22 (Korea Bizwire) – As tensions between the medical community and the government continue to simmer, an increasing number of South Korean doctors are exploring opportunities abroad, signaling a potential brain drain in the nation’s healthcare sector. On October 19, a healthcare consulting company held an information session for Tokushukai Group, Japan’s largest medical [...]