SEOUL, Nov. 14 (Korea Bizwire) – Samsung Group shares, long considered a cornerstone of South Korean investing, continued their downward trajectory as foreign and institutional investors led a significant selloff, while retail investors moved to buy the dip. Market analysts suggest that despite current undervaluation, a quick recovery appears unlikely. On November 13, Samsung Electronics closed [...]
SEOUL, Nov. 14 (Korea Bizwire) – A new short film starring Kim Nam-gil, co-produced with KB Kookmin Bank, is set to premiere exclusively at Lotte Cinema on November 20, joining a growing trend of abbreviated theatrical releases in South Korea known as “snack movies.” The 31-minute film, “How to Open a Door” will be screened for [...]
BUSAN, Nov. 14 (Korea Bizwire) – In a fierce competition for South Korea’s most prestigious gaming award, Netmarble’s mobile game “Solo Leveling: ARISE” clinched the Presidential Prize at the 2024 Korea Game Awards on November 13, marking the company’s biggest success of the year. Based on “Solo Leveling,” a popular Korean cultural export that has garnered [...]
SEOUL, Nov. 14 (Korea Bizwire) – Samsung Electronics announced on November 13 that it will launch “Today Guaranteed,” a same-day delivery and installation service for products ranging from home appliances to mobile devices, starting from November 14. For purchases made before noon on Samsung.com, customers can receive same-day delivery and installation of home appliances that don’t [...]
SEOUL, Nov. 14 (Korea Bizwire) – Researchers at the Korea Institute of Science and Technology (KIST) have achieved a major step forward in sustainable aviation by developing a new way to produce high-energy fuel from non-edible plant materials like wood and grass. The research team, led by senior researcher Ha Jeong-Myeong and researcher Yu Chun-jae from [...]
SEOUL, Nov. 14 (Korea Bizwire) – A Chinese gaming company that withdrew from the South Korean market in 2020 amid a cultural controversy over traditional Korean dress is facing fresh scrutiny as it prepares to launch a new game in the country. Infold Games recently began pre-registration for “Infinity Nikki,” a sequel to “Shining Nikki,” a [...]
SEOUL, Nov. 14 (Korea Bizwire) – A new television drama about female door-to-door sex toy sellers in 1992 rural South Korea is challenging long-held taboos and driving a surge in sales of intimate products, particularly among women. The JTBC drama series “A Virtuous Business” follows four women who venture into selling adult products in a small [...]
SEOUL, Nov. 13 (Korea Bizwire) – The campus of Dongduk Women’s University erupted in protest on November 12 as hundreds of students occupied buildings and boycotted classes after discovering administrators had secretly discussed transforming the 74-year-old institution into a coeducational university. The historic campus in Seoul’s Seongbuk district was blanketed with funeral wreaths bearing slogans like [...]
SEOUL, Nov. 13 (Korea Bizwire) – In a remarkable story of survival that doctors are calling “miraculous,” South Korea’s smallest-ever newborn girl has finally gone home after spending 198 days in intensive care, offering hope for extremely premature infants worldwide. The baby girl, nicknamed “Yerang,” was born on April 22, 2024, weighing just 260 grams — [...]
SEOUL, Nov. 13 (Korea Bizwire) – Lee, a 32-year-old office worker from Incheon, has been waking up in the middle of the night to check his investment portfolio, often exclaiming “Thank you, Musk” before falling back asleep. His enthusiasm stems from a remarkable turnaround in his 10-million-won investment in Tesla, which had previously plunged 30% amid [...]