SEOUL, Aug. 27 (Korea Bizwire) – A groundbreaking study has revealed that astrocytes, star-shaped non-neuronal cells in the brain, can potentially restore memory and cognitive abilities in Alzheimer’s patients by removing toxic proteins through a process called autophagy. On August 25, the Korea Institute of Science and Technology (KIST) announced that a research team led by [...]
SEOUL, Aug. 27 (Korea Bizwire) – A recent survey has revealed that young adults in South Korea are at the forefront of changing media consumption habits, with 20-somethings spending an average of 70 minutes daily on online video streaming services (OTT). The “2024 Target Report,” released on August 26 by MezzoMedia, a digital marketing firm under [...]
SEOUL, Aug. 22 (Korea Bizwire) –Car output fell more than 17 percent on-year in July due to weak domestic demand and partial strikes at some companies, industry data showed Thursday. According to the Korea Automobile & Mobility Association, the total production volume of five automakers last month totaled 290,910 units, down 17.6 percent from [...]
SEOUL, Aug. 19 (Korea Bizwire) – As the South Korean government prepares to unveil its national pension reform plan, a recent survey has revealed that younger generations, particularly those in their 20s and 30s, are more concerned about the likelihood of receiving pension benefits in the future than the system’s financial stability. The survey, conducted by [...]
SEOUL, Aug. 18 (Korea Bizwire) – The number of South Korean youth opting to remain economically inactive without a specific reason set a new record in July, data showed Sunday, amid economic uncertainties and high job competition. The number of such individuals aged 15 to 29 reached 443,000 last month, an increase of 42,000 from [...]
DAEJEON, Aug. 14 (Korea Bizwire) – In a significant breakthrough for energy storage technology, researchers at the Korea Institute of Energy Research have developed a new battery material capable of functioning in temperatures as low as -20 degrees Celsius, the institute announced on August 13. Traditionally, graphite has been the go-to material for anodes in lithium-ion [...]
SEOUL, Aug. 12 (Korea Bizwire) – A recent study has shed light on the growing social isolation faced by individuals living alone in Seoul, South Korea’s bustling capital. More than half of Seoul’s single-person households report having no one to turn to for help with daily tasks or during emergencies, raising concerns about the need for [...]
SEOUL, Aug. 12 (Korea Bizwire) — Over half of foreign companies operating in South Korea expect a contentious pro-labor bill being pushed forward by opposition parties will negatively impact their businesses here, a survey showed Monday. In the survey conducted by Mono Research on 100 foreign companies with over 100 employees from July 26 to [...]
SEOUL, Aug. 11 (Korea Bizwire) – The semiconductor and automobile industries led South Korea’s exports in the second quarter, with the items accounting for a record high of more than 30 percent of total outbound shipments, data showed Sunday. Combined exports of chips and cars reached US$54.3 billion in the April-June period, taking up the [...]
SEOUL, Aug. 11 (Korea Bizwire) – In a market long dominated by homegrown players, South Korea’s internet search landscape is showing signs of a significant shift. Global tech giants Google and Microsoft’s Bing are steadily gaining market share, while local stalwarts Naver and Kakao’s Daum are seeing their once-ironclad grip on the market loosen. According to [...]