SEOUL, Jan. 19 (Korea Bizwire) — South Korean companies filed a record number of trade-remedy petitions last year, turning increasingly to anti-dumping investigations as protectionist pressures mounted worldwide and low-priced imports—largely from China—flooded the domestic market. According to data released Sunday by the Trade Commission under the Ministry of Trade, Industry and Energy, Korean firms submitted [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s benchmark KOSPI surged nearly 15 percent in early January, but the gains were unevenly distributed, with industrial and capital-intensive sectors leading the rally while consumer-related stocks lagged behind. According to data from the Korea Exchange, the transport equipment and auto parts sector posted the strongest performance between Jan. [...]
SEOUL, Jan. 19 (Korea Bizwire) — Hyundai Duty Free said Sunday it has introduced an artificial intelligence–based beauty experience zone at its Trade Center store in southern Seoul, offering customers personalized skin and makeup analysis through interactive digital tools. The pop-up space, titled “AI Beauty Trip,” will operate on the ninth floor of the Trade Center [...]
SEOUL, Jan. 19 (Korea Bizwire) — LG Electronics said Sunday it will release its first bathroom-specific air quality management product this week, expanding its premium home appliance lineup into a space increasingly shaped by concerns over hygiene and indoor air quality. The new product, the LG PuriCare Bath Air System, will go on sale Monday and [...]
SEOUL, Jan. 18 (Korea Bizwire) — Efforts to return Bella, a captive beluga whale housed at Lotte World Aquarium, to the wild may no longer be realistically achievable, according to members of an expert advisory panel, deepening one of South Korea’s most contentious animal welfare debates. At least three of four external members of the aquarium’s [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor Group’s ambitions beyond automobiles drew widespread international attention at CES 2026, as global media outlets praised the company’s emerging identity as a physical artificial intelligence and robotics powerhouse. Coverage focused on Atlas, the humanoid robot developed by Boston Dynamics, Hyundai’s robotics subsidiary, which made its first public demonstration [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor’s compact sedan Elantra has surpassed 4 million cumulative sales in the United States, a rare achievement for a passenger car in a market dominated by sport-utility vehicles and pickup trucks. The milestone, reached in December 2025, makes the Elantra the first Korean-made vehicle to exceed 4 million sales [...]
SEOUL, Jan. 18 (Korea Bizwire) — The global success of Arc Raiders, a multiplayer title developed by Embark Studios, has reignited a familiar debate among gamers: What, exactly, determines the nationality of a video game? Since its release in October, Arc Raiders has sold more than 12.4 million copies worldwide, reached a peak of 960,000 concurrent [...]
SEOUL & BUSAN, Jan. 17 (Korea Bizwire) — South Korea’s port city of Busan said it will take strong action against excessive accommodation fees ahead of a highly anticipated BTS concert scheduled for June 12–13, after reports surfaced of hotel prices surging sharply as fans prepare to travel from across the country and abroad. City officials announced [...]
SEOUL, Jan. 17 (Korea Bizwire) — SK Hynix said it will once again offer employees the option to receive part of their annual performance bonuses in company shares, extending a shareholder participation program introduced last year, even as potential changes to corporate law cast uncertainty over the program’s future. The memory chipmaker announced Thursday that employees [...]