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A $14 Million Film Defies Political Boycott as Box Office Success Shifts the Balance of Power

A $14 Million Film Defies Political Boycott as Box Office Success Shifts the Balance of Power

(Photo=Hivemediacorp) Political boycotts can threaten a movie's financial future before audiences have a chance to judge it. But in South Korea, a $14 million historical film has continued filling theaters despite demands to halt screenings, pressure on its actors and efforts to block its international festival debut. The Assassin(s) is approaching 3 million admissions and moving closer to recovering its

Oct 14 2026
08:00 AM PST
Novo Nordisk Seeks Insurance Coverage for Wegovy as Eli Lilly and Korean Rival Intensify Price Battle

Novo Nordisk Seeks Insurance Coverage for Wegovy as Eli Lilly and Korean Rival Intensify Price Battle

(Photo=Novo Nordisk) The rivalry between U.S. pharmaceutical giant Eli Lilly and Denmark's Novo Nordisk in the weight loss drug market is entering a new phase in South Korea. With a local drugmaker preparing to introduce a cheaper alternative, Novo Nordisk is seeking national health insurance coverage for Wegovy to make its treatment more affordable to patients. Novo Nordisk already slashed

Oct 14 2026
08:00 AM PST
South Korea Moves Shipping Giant HMM to Busan in Bet on Arctic Trade Routes

South Korea Moves Shipping Giant HMM to Busan in Bet on Arctic Trade Routes

(Photo=The Presidential Office of the Republic of Korea) South Korea is preparing for a potential shift in global shipping routes by turning its largest port city into a maritime hub. The government has moved HMM, the country's largest container shipping company, from Seoul to Busan as part of a broader strategy to position the city as a gateway for emerging

Oct 14 2026
08:00 AM PST
Cyberattack Attempts Against South Korea’s Tax Agency Surge Nearly Eightfold

Cyberattack Attempts Against South Korea’s Tax Agency Surge Nearly Eightfold

Photo=Motionelements South Korea’s cybersecurity risks are coming into sharper focus as attacks on government systems accelerate alongside a wave of data breaches across the financial sector. The country’s National Tax Service recorded more than 73,000 external hacking attempts in the first nine months of 2026, nearly three times the combined total for the previous five years. For U.S. cybersecurity companies,

Oct 13 2026
02:00 PM PST
Counterfeit Banknote Seizures in South Korea Surge Nearly 20-Fold, Exposing Online Enforcement Gaps

Counterfeit Banknote Seizures in South Korea Surge Nearly 20-Fold, Exposing Online Enforcement Gaps

South Korean won money bills in big amount lies on South Korea flag close up. Finance and banking concept Counterfeit currency remains a costly challenge for financial systems worldwide, as digital platforms make it easier for illicit sellers to reach potential buyers. In South Korea, a sharp jump in counterfeit banknotes transferred to the central bank is raising questions about

Oct 13 2026
02:00 PM PST