Most Popular
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Seoul vows action over Naver's Line, Yahoo dispute
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[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
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Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
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Samsung doubles down on Vietnam
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In Beijing, S. Korean top diplomat aims to jumpstart ties with China
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[Grace Kao] American racism against Stray Kids
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Suspect behind murder of Korean tourist in Pattaya arrested
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NewJeans' members' parents complained to Hybe, email shows
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Prosecutors summon pastor involved in Dior bag scandal
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[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older
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[Graphic News] Daily caffeine consumption
Korean children get most of their caffeine from soda while adults consume the stimulant mostly from instant coffee mix, according to a study based on the annual state survey of public health in 2010.
TechnologyAug. 7, 2013
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[Graphic News] China boosts land purchases in Korea
Chinese investors are buying more and more stocks, bonds and real estate in South Korea. According to government officials, Chinese investors purchased a total of 1.08 million square meters of land worth 355.8 billion won ($319.5 million) in South Korea last year.
Aug. 6, 2013
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[Graphic News] Singers earn more than other celebrities
According to a report submitted by the National Tax Service to Rep. An Min-suk, singers, earning 52.55 million won ($46,700) last year, topped the list of average incomes among celebrities. Actors and actresses made an average 41.34 million won while athletes earned 29.85 million won, and models 13.1 million won.
Aug. 5, 2013
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[Graphic News] No. of unused credit cards reaches 23 million
According to the Financial Supervisory Service, the number of unused credit cards in Korea was 23.1 million as of last month. The number has been dropping at a slow pace since early this year. It was 23.4 million in April and 23.5 million in January. The FSS regards a credit card not in use for more than a year as a dormant card.
Aug. 4, 2013
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[Graphic News] University student numbers fall
The Ministry of Education will roll out a series of measures to strengthen provincial universities and address a decrease in the number of students. As part of the plans, the government will increase financial support for provincial universities, and introduce regulations that allow such institutions to set aside a portion of available places for students from nearby areas.
PoliticsAug. 1, 2013
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[Graphic News] Banking groups’ net profits
The financial soundness of the nation’s major banking groups is expected to reach its lowest since the 2008 global financial crisis. According to the Financial Supervisory Service, the combined net profit of 12 financial groups, including Woori and KB, is forecast to reach about 7.3 trillion won ($6.56 billion) in 2013, down 25.5 percent from the previous year.
July 31, 2013
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[Graphic News] Aid to North Korea
South Korea on Monday approved planned shipments of humanitarian aid for the North. Five civic groups were allowed to send medicine, food and clothes worth 1.47 billion won ($1.25 million) to aid children. Seoul also approved about 678 million won in aid from the Eugene Bell Foundation in April.
North KoreaJuly 30, 2013
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[Graphic News] Korea has priciest phones
According to Strategy Analytics, South Korea’s average sale price for mobile phones was $415 per handset last year, becoming the most expensive in the world. It attributed the high price to the high proportion of sales taken up by premium-level smartphones.
TechnologyJuly 29, 2013
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[Graphic News] Smartphone use among school students
6.28 million students in 11,410 schools surveyed from June 28 to July 8
Social AffairsJuly 28, 2013
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[Graphic News] Fortune 500 companies
The number of companies from the U.S., Japan and Germany on the Fortune 500 list has been decreasing while more and more Chinese firms have made the list.Meanwhile 14 Korean companies including Samsung Electronics were included on the 2013 list, showing little change in number over the past five years.
July 25, 2013
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[Graphic News] Fertility rate forecast
The total fertility rate is the average number of children that would be born to a woman during her lifetime.
Social AffairsJuly 24, 2013
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[Graphic News] Lotto winnings remain unclaimed
According to data released by the Korea Lottery Commission, unclaimed lottery prize money from 2009 to July 15 in 2013 amounted to 178 billion won. The fifth prize of 5,000 won took up about 61 percent of the unclaimed money. Winners have 12 months to claim their winnings. (Unit: billion won)
July 23, 2013
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[Graphic News] Hallyu earnings rocket
Thanks to a surge in exports of hallyu-related products, Korean entertainment-related firms including filmmakers, broadcasters and game makers earned about $800 million in royalties from foreign firms and individuals’ use of their intellectual property rights last year. It is an increase of 17.6 percent from the previous year that posted $680 million, according to data from the Bank of Korea.
Social AffairsJuly 22, 2013
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[Graphic News] Korea’s contribution to cost of USFK upkeep
South Korea and the United States will hold a second round of talks in Seoul on Wednesday and Thursday to renew a cost-sharing agreement for American troops stationed here.
DefenseJuly 21, 2013
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[Graphic News] Summer food and beverage prices
According to Statistics Korea, food and beverage prices surged 1.6 percent in June from a year earlier, outpacing the 1.0 percent increase in overall consumer prices. Officials speculate that the extended heat wave may have contributed to the growth.
July 18, 2013
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[Graphic News] Korea’s producer prices continue to fall
According to the Bank of Korea, the producer price index, a barometer of future consumer inflation, edged down 1.4 percent from a year earlier mainly due to a drop in farm and fisheries production. It marked a decline for the ninth consecutive month.
July 17, 2013
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[Graphic News] Employees’ declining working hours
According to a recent survey conducted by Job Korea, an online job portal, working hours per day for Korean workers averaged 9 hours and 26 minutes, a decrease of about 40 minutes from the 10 hours and 6 minutes found in a similar poll in 2008.
Social AffairsJuly 16, 2013
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[Graphic News] Issuance of bank notes, checks decreases
According to the Bank of Korea, the number of bank notes and checks issued in Korea has decreased since the introduction in 2009 of the 50,000 won note, the country’s highest denomination bill.
July 15, 2013
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[Graphic News] South and North Korean economy
According to a report released by the Bank of Korea in Seoul last week, North Korea’s nominal gross national income amounted to 33.5 trillion won ($29.8 billion) last year, which is equivalent of 2.6 percent of South Korea’s 2012 GNI of 1,279.5 trillion won.
July 14, 2013
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[Graphic News] U.S., China rise as Koreans’ major property flight destinations
According to the Korea Customs Service, the United States and China have been emerging as major destinations for South Koreans seeking to launder money or stash away their wealth overseas.
July 11, 2013