CAIRO & SEOUL, Nov. 20 (Korea Bizwire) – President Lee Jae-myung, on a state visit to Egypt, appealed Thursday for deeper cooperation between Seoul and Cairo, invoking what he described as striking historical parallels in the two nations’ struggles for peace and independence. In a keynote address at Cairo University, Lee said that although South Korea [...]
SEOUL, Nov. 20 (Korea Bizwire) — A Korean civic organization campaigning to correct distorted world maps has received its first formal endorsement from an international body, marking a significant milestone in its effort to address long-standing misrepresentations of Africa’s size. VANK, a digital diplomacy group, said on Nov. 20 that the Statistical, Economic and Social Research [...]
SEOUL, Nov. 20 (Korea Bizwire) — Kakao’s real-time bus-tracking feature, which displays vehicle locations with 10-centimeter accuracy, is delivering measurable time savings for riders — nearly two hours per month — according to a new academic study commissioned by the company. Kakao said on Nov. 20 that research teams from Seoul National University and KAIST analyzed [...]
SEOUL, Nov. 20 (Korea Bizwire) — SK Telecom has decided not to accept a government-recommended settlement that would require the company to pay 300,000 won (about US$220) to each victim of a major personal-data breach, a move that could expose the telecom giant to prolonged civil litigation. According to industry officials on Nov. 20, the company [...]
SEOUL, Nov. 20 (Korea Bizwire) — Once a nostalgic winter street snack sold from roadside carts, bungeoppang — Korea’s fish-shaped pastry filled traditionally with sweet red bean — is fast becoming a breakout product in the global bakery market, buoyed by advances in frozen food technology and the worldwide rise of Korean pop culture. According to [...]
SEOUL, Nov. 20 (Korea Bizwire) — POSCO International is deepening its push into the global biofuel market with a sweeping expansion of its palm oil business, announcing a major acquisition in Indonesia alongside the completion of a new refinery jointly built with GS Caltex. The company said on Nov. 20 that it has acquired a controlling [...]
SEOUL, Nov. 20 (Korea Bizwire) — LG Electronics said on Nov. 20 that it has signed a patent licensing agreement with Amazon covering the use of LG’s Wi-Fi standard-essential patents (SEPs) in the U.S. tech giant’s consumer devices, marking a significant step in the Korean company’s push to monetize its intellectual property portfolio. Under the agreement, [...]
SEOUL, Nov. 20 (Korea Bizwire) — The world’s top women golfers will return next year to Haenam, a coastal town at South Korea’s southernmost tip, as the LPGA Tour unveiled its 2026 schedule with a record-setting prize pool. The LPGA announced on Nov. 20 (Korea time) that the BMW Ladies Championship will once again be held [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korean autonomous-driving startup Autonomous A2Z has established a joint venture in Abu Dhabi with Space42, an Emirati AI and space-technology company, as the two countries expand cooperation in advanced mobility during President Lee Jae-myung’s state visit to the United Arab Emirates. The companies announced the partnership on Nov. 19 [...]
SEOUL, Nov. 20 (Korea Bizwire) — Kia’s new electric commercial vehicle, the PV5, has been named the 2026 International Van of the Year (IVOTY), marking the first time a Korean brand — and the first time an Asian electric light commercial vehicle — has captured the industry’s most prestigious award. Kia announced on Nov. 20 that [...]