Most Popular
-
1
‘Gimflation’ in S. Korea as dried seaweed prices grow on rising global demand
-
2
S. Korea's gender pay gap worst in OECD
-
3
Yoon to resume diplomatic activity via 3-way summit with Japan, China
-
4
[Herald Interview] Korean adoptees embark on journeys to find roots
-
5
South Korea unveils W26tr support program for chip industry
-
6
S. Korea to hold rotating presidency of UN Security Council next month
-
7
SM, YG Entertainment’s K-pop groups benefit from troubles at Hybe
-
8
Embryo activist: Baby's lawsuit takes on S. Korea climate inaction
-
9
Student nabbed for biking naked 'due to stress'
-
10
BOK holds rate at 3.5%, ups growth outlook
-
[Graphic News] Underground economy accounted for 8% of GDP in 2015: think tank
The Korea Institute of Public Finance said in its latest report that the shadow economy here was estimated at 124.7 trillion won ($108.8 billion) as of 2015, making up 8 percent of the country’s gross domestic product worth 1,558.6 trillion won.The proportion has declined slightly compared to 2013 when it was 8.7 percent of the GDP, it added.However, the figure is far lower than the earlier projection of 24.7 percent calculated by Friedrich Schneider from Austria in 2010.
World NewsFeb. 20, 2017
-
[Graphic News] China's oil consumption is top ranked
Three countries -- China, India and Japan -- account for more than 63 percent of Asia’s total oil consumption, according to the BP Statistical Review of World Energy report.Even though China’s consumption growth slowed to 1.5 percent, the country continued to occupy the top slot in oil consumption.India has surpassed Japan to become the world’s third-largest oil consumer, according to BP Statistical Review of World Energy. Japan has slipped to the fourth spot as it is recording the largest decli
World NewsFeb. 19, 2017
-
[Graphic News] South Koreans world's top fish eaters
South Koreans were found to be the top seafood consumers among 24 countries with high demand for the products, a report showed Monday.Statistics contained in “The State of World Fisheries and Aquaculture” from the Food and Agriculture Organization showed that South Koreans consumed an average 58.4 kilograms of seafood a year per person in the 2013-2015 period, ranking it No. 1 among the countries measured by the organization. Norway came next with 53.3 kg, followed by Japan with 50.2 kg, China a
World NewsFeb. 16, 2017
-
[Graphic News] North Korea's ruling family tree
World NewsFeb. 15, 2017
-
[Graphic News] South Koreans’ rising fat intake
The amount of fat consumed daily by South Koreans has continued rising since 1998, when the state first conducted the survey, data showed Sunday. According to the Korea Centers for Disease Control and Prevention, the daily fat intake for men was 58.9 grams in 2015, an about 30 percent increase compared to 17 years ago. In the same year, women consumed 43 grams of fat daily, a 22 percent increase over the same period. By age group, men and women between 19 and 29 showed the highest amount of dail
World NewsFeb. 14, 2017
-
[Graphic News] New North Korean missile
North Korea says it has successfully completed the launch of a new type of strategic weapon capable of carrying a nuclear warhead.The Pukguksong-2, a medium long-range ballistic missile, was test-fired Sunday under the supervision of North Korean leader Kim Jong-un, according to the North’s state-run Korean Central News Agency. It was propelled by a solid fuel engine and was an upgraded, extended-range version of the Pukguksong-1, a submarine-launched ballistic missile that was tested successful
DefenseFeb. 13, 2017
-
[Graphic News] World’s largest nuclear plants differ across spectrums
There are currently 449 nuclear reactors operating in 31 countries, with total installed generating capacity of more than 390,000 megawatts, based on data from the International Atomic Energy Agency. Nuclear power plants differ in various ways, including reactor types, vessel containments, cooling methods and dispatch purposes. The Bruce Nuclear Generating Station, located on Lake Huron in Ontario, Canada, is currently the world’s largest operating nuclear power plant. Bruce has eight reactors c
World NewsFeb. 12, 2017
-
[Graphic News] More South Koreans see movies alone
South Korea has seen a rapid increase in the number of people going to see a movie alone over the past five years, a market report showed Wednesday.Men in their 30s and women aged 50 or older made up the largest portion of lone moviegoers.The survey showed they prefer watching movies alone because “they can focus on the film” (57.4 percent), “it‘s troublesome to decide when and where to watch when there is a companion,” (20.3 percent) and “it’s annoying to find a companion” (13.1 percent).The re
World NewsFeb. 9, 2017
-
[Graphic News] Offshore fisheries output hits 44-year low in 2016
South Korea’s offshore fisheries output sank to a 44-year low in 2016 due to tumbling fish stocks caused by a combination of Chinese illegal fishing, climate change and overfishing, a report showed Tuesday.The country’s inshore and offshore fisheries production came to 923,000 tons last year, down 12.7 percent from the previous year and the lowest yearly catch since 1972, according to the report by the Korea Maritime Institute.The KMI said Chinese fishermen’s illegal fishing in South Korean wate
World NewsFeb. 8, 2017
-
[Graphic News] Korea to attract 2 million cruise tourists in 2017
South Korea will intensify overseas marketing and build more maritime facilities in an effort to lure 2 million cruise tourists from all over the world, the government said Monday.The Ministry of Oceans and Fisheries said it will hold the so-called “Port Sales” event in cities of the United States, China and Japan starting from March, with major cruise liners and travel agencies attending.It will also build five additional cruise docks in four seaports including Busan and Incheon, adding to the
World NewsFeb. 7, 2017
-
[Graphic News] Koreans’ overseas spending hits record high in 2016
South Koreans spent a new record high abroad last year on increased outbound travel, despite an economic slump and sagging domestic consumption, data showed Saturday.Expenditures on ordinary foreign trips, excluding stays for study, jumped 7.4 percent on-year to $23.1 billion for the year, according to the Bank of Korea and the Ministry of Culture, Sports and Tourism.Koreans’ overseas spending has been on a constant rise from $15.5 billion in 2011 to $16.5 billion in 2012, $17.3 billion in 2013
World NewsFeb. 6, 2017
-
[Graphic News] Beijing remains Asia’s busiest airport
Eight Asian airports are among the world’s busiest passenger airports. Beijing Capital International Airport remains the busiest airport in the region, according to the recently released data by Airports Council International.Beijing Capital International Airport handled the most international traffic in 2015 in Asia, adding 3.8 million over the previous year to reach 89.9 million.Worldwide passenger traffic increased 6.4 percent in 2015 to almost 7.2 billion, with increases in all the world’s s
World NewsFeb. 5, 2017
-
[Graphic News] Nearly 9 in 10 South Koreans use internet: poll
According to the poll of 61,238 people older than 3 years old in 25,000 households by the Ministry of Science, ICT and Future Planning in 2016, 88.3 percent of South Koreans used the internet, with the number of users estimated at 43.64 million, up 3.2 percentage points, or 1.7 million, from the previous year. Nearly 9 out of 10 South Koreans use the internet, the survey showed.By age, the internet usage rate reached 100 percent for teens and those in their 20s, followed by 99.8 percent for thos
World NewsFeb. 2, 2017
-
[Graphic News] Middle class shrinking worldwide
The shares of many countries’ populations who are on middle incomes has fallen and particularly in advanced countries, statistics gathered by the Organization for Economic Cooperation and Development showed.The share of South Korea’s population that was in the middle income group -- defined as those with household disposable income of between 75 and 200 percent of the median -- came in at 60 percent, lower than the OECD average.The middle income groups have been declining since 1980. Countries s
Feb. 1, 2017
-
[Graphic News] Is time on President Park’s side?
President Park Geun-hye has reasons to fight any attempt to fast-track her impeachment trial. A delayed trial at the Constitutional Court, or more precisely the preordained departure of justices in its nine-member judge panel, increases her chances of surviving the impeachment, while giving her more time to muster support outside the courtroom. With Monday’s retirement of the court’s president, Justice Park Han-chul, the top court now must proceed with the trial with eight justices. Another just
PoliticsJan. 31, 2017
-
[Graphic News] New Zealand, Denmark deemed the ‘least corrupt’ countries
The following is a list of the top- and bottom-ranked nations on graft watchdog Transparency International‘s 2016 Corruption Perceptions Index.For its 2016 index, the watchdog ranked 176 countries on a scale of 0-100, where zero means very corrupt and 100 signifies very clean.The data is based on surveys from the World Bank, the African Development Bank, the Economist Intelligence unit and other bodies.New Zealand and Denmark shared the number one spot with a score of 90 points, with Finland, Sw
World NewsJan. 30, 2017
-
[Graphic News] Korea to increase emissions trading rights for 2017
South Korea will increase the total greenhouse gas emissions rights in its cap-and-trade scheme for this year, the Finance Ministry said Tuesday.Under the revised 2017 emissions allocation plan endorsed by the Cabinet, some 538.9 million tons of emissions rights will be allocated to the trading market, up 17 million tons from the country’s earlier goal of 521.9 million tons for the year, according to the Ministry of Strategy and Finance.South Korea’s cap-and-trade scheme is part of its plan to c
World NewsJan. 25, 2017
-
[Graphic News] Lotto sales reach new record in 2016
Sales of the Korean lottery Lotto hit their highest last year, statistics from its operator showed Monday, a trend that happens during an economic slump, social analysts say.Data from the Korea Lottery Commission said Lotto sales reached 3.55 trillion won ($3.04 billion) -- or 3.55 billion tickets -- last year, an increase of 9 percent from the year before. The sales volume was the highest on record since the lottery was first introduced here in 2002. The monetary amount of sales is also the de
World NewsJan. 24, 2017
-
[Graphic News] US forces in South Korea
DefenseJan. 23, 2017
-
[Graphic News] E-waste rising dangerously in Asia
Electronic waste is rising sharply across Asia as higher incomes allow hundreds of millions of people to buy smartphones and other gadgets, with serious consequences for human health and the environment, according to a UN study released Sunday.So-called e-waste in Asia has jumped 63 percent in five years, the report by the United Nations University said, as it warned of a need for most nations across the region to improve recycling and disposal methods.China more than doubled its own generation
World NewsJan. 23, 2017