SEOUL, Aug. 14 (Korea Bizwire) - Citibank will face disciplinary action after a leak of its “A+ Check Card” security data caused domestic card holders to suffer losses. The leak was traced to online payments service Paypal, which was hit by a BIN attack. Denoting the first six numbers of a check or credit card’s number, the [...]
GOSEONG, Aug. 14 (Korea Bizwire) — A man almost doomed to a watery grave was rescued by the heroic efforts of beachgoers this past Saturday at a beach in Goseong County. He was first spotted by 56 year-old Wang Chang Man, who was relaxing on the beach as part of his summer holiday. According to Wang, a [...]
SEOUL, Aug. 10 (Korea Bizwire) — Hyundai Motor Company and its labor union remain locked in a stalemate with the domestic automotive industry in the midst of one of its most critical moments in recent history. In what has become something of a yearly tradition, one of the chief sticking points in the talks is the [...]
SEOUL, Aug. 10 (Korea Bizwire) — Smokers lighting up in the comfort of their homes will no longer be able to continue in safe anonymity. On August 9, the Ministry of Land, Infrastructure and Transport announced that it had revised existing regulations to cut down on indoor smoking in residential apartments. Under the new policy, apartment [...]
SEOUL, Aug. 10 (Korea Bizwire) — Cases of maternal filicide (the killing of a child by their own parent) have raised shock, outrage, and concern across the nation. A large number of the “murders” are open-and-shut cases in that the mothers voluntarily called the police and 119 (emergency services) after causing the deaths of their children. What [...]
SEOUL, Aug. 9 (Korea Bizwire) — Overwork is once again in the headlines thanks to a former employee of Netmarble Neo, a subsidiary of the video game company, who spoke at a press conference held in Yeouido on August 8 decrying the dangers of the excessive work culture at his former job. The man in question joined [...]
SEOUL, Aug. 8 (Korea Bizwire) — On August 7, Mercedes-Benz Korea announced that it had sold 37,723 vehicles in the first half of this year, a 54 percent increase compared to last year. Accordingly, the South Korean market jumped three spots as it now ranks fifth among countries with the most purchases of Mercedes-Benz vehicles from [...]
SEOUL, Aug. 8 (Korea Bizwire) —In an attempt to encourage pedestrians to recycle, Seoul’s Seocho District is flexing its creative muscle. On August 7, the district office announced that it will place 44 recycling bins designed to look like giant coffee cups throughout the streets of the Gangnam and Banpo neighborhoods. Standing waist high, these garbage [...]
SEOUL, May 24 (Korea Bizwire) – A Seoul-based cultural foundation has opened a photo and video contest about Korea, aimed at piquing interests among foreigners in the country and offering a chance for a dialogue on how to better promote the country abroad. The Corea Image Communications Institute (CICI), which is holding the contest until July 17, said on Tuesday foreigners living in Korea and Koreans who want to [...]
CHINA, Apr. 21 (Korea Bizwire) — U.S. President Donald Trump’s remarks in an interview with the Wall Street Journal after a recent meeting with Chinese president Xi Jinping that “Korea actually used to be a part of China” have come under fire. Questions mounted over Xi’s comments during a briefing held by the Chinese Foreign Ministry. [...]