SEOUL, April 18 (Korea Bizwire) – The American major league baseball team Pittsburgh Pirates is planning to send a state-of-the-art pitching machine called the e-Hack Attack to infielder Kang Jung-ho, who is currently sidelined as he awaits a second trial in his home country of South Korea after appealing an eight-month sentence for fleeing the scene [...]
JEOLLOA, April 18 (Korea Bizwire) – A number of cattle farms in Jinan County, North Jeolla Province are adopting advanced dairy technology with the help of the local government, which will see calves fed by robotic feeders. Jinan County’s move to use ICT (Information and Communication Technologies) in cattle farming is expected to raise feed consumption [...]
SEOUL, April 17 (Korea Bizwire) – Amid a tepid economy and criticism over the lack of diversity in wedding ceremonies in South Korea, more and more couples are opting for smaller weddings to value individuality and practicality over pretension and formality. Young South Korean couples are turning to restaurants and outdoor venues, away from mass-produced weddings [...]
SEOUL, April 12 (Korea Bizwire) – Hundreds of white hackers and cybersecurity experts from both home and abroad gathered in South Korea to reinforce and show off their skills against hacking attacks. The Codegate 2017 International Hacking Competition and Global IT and Security Conference opened in Seoul for a three-day run. The annual event, the [...]
SEOUL, Apr. 10 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are expanding their presence in the hybrid vehicle market in the United States, backed by brisk sales of their latest sports utility vehicle (SUV) models, data showed Sunday. The South Korean automobile companies sold a combined 4,358 hybrid vehicles in [...]
SEOUL, March 28 (Korea Bizwire) – Reports of security breach threats to Internet of Things (IoT) devices have tripled over the last year, according the Korea Internet & Security Agency. The KISA said yesterday that a total of 362 complaints were filed regarding security concerns, jumping 280 percent from last year’s 130. Reports of security vulnerability [...]
SEOUL, March 24 (Korea Bizwire) – As North Korea’s development of weapons of mass destruction continues to threaten security in East Asia and jeopardize its already compromising position in the world, speculation is growing over the possibility of global military conflict on the Korean Peninsula involving China and the U.S. The shocking prospect of another [...]
SEOUL, March 24 (Korea Bizwire) – Sales of jelly dessert products are booming, particularly among Koreans over 40, a new market research report published yesterday found. The market for jelly desserts grew by 54 percent on year last year, amounting to 153.3 billion won, according to AC Nielson Korea. This year, the market is expected to [...]
SEOUL, March 21 (Korea Bizwire) – Commodity prices continued to move up in recent weeks amid rising crude oil prices and the outbreak of the avian influenza, industry sources said Tuesday. Consumer prices rose 1.9 percent in February from a year earlier with comparable figures for January standing at 2 percent. The Bank of Korea [...]
TORONTO, ONTARIO and CHICAGO, ILLINOIS and LONDON, UNITED KINGDOM and HONG KONG, CHINA, Dec. 8 (Korea Bizwire) – BMO Global Asset Management today released its annual Five-Year Outlook report, which examines the long-term impact of several themes shaping the global economy and markets. It considers a number of likely scenarios and the investment opportunities they [...]