SEOUL, May 15 (Korea Bizwire) – A study by the Korean Teachers and Education Workers Union revealed that the majority of the teachers in Seoul were not pleased with their school life and the condition of the local education scene. According to the study, conducted to celebrate the 36th anniversary of Teacher’s Day on May [...]
SEOUL, May 15 (Korea Bizwire) – Moon Jae-in will become South Korea’s first leader to adopt a stray dog while in office, announced Blue House officials on Sunday. The soon-to-be First Dog, Tori, was rescued two years ago by animal rights group Care, moments before it was to be slaughtered for dog meat. However, it [...]
SEOUL, May 15 (Korea Bizwire) – North Korea said Monday it has successfully tested-fired a new mid- and long-range ballistic missile that can carry a large nuclear warhead, claiming that the U.S. mainland is within its striking range. North Korea said that a “large-size heavy nuclear warhead” can be fit on its new ground-to-ground missile, [...]
SEOUL, May 15 (Korea Bizwire) – All-electric vehicle sales in South Korea posted a nearly nine-fold jump in the first quarter on improving infrastructure and reasonable prices, industry associations said Monday. Carmakers sold a combined 1,729 electric vehicles in the January-March period, soaring from 193 a year earlier, according to data offered by the Korea [...]
SEOUL, May 15 (Korea Bizwire) – Three in 4 adult South Korean citizens gave a positive outlook on President Moon Jae-in’s handling of state affairs, a survey showed Monday, reflecting high public support for the newly minted liberal leader. In the survey conducted from Wednesday through Saturday by local pollster Realmeter, 74.8 percent of the [...]
SEOUL, May 15 (Korea Bizwire) – The notorious WannaCry ransomware, which has recently haunted computers around the globe, struck a local movie chain, industry watchers said Monday, causing alarm among South Korean companies. Ransomware refers to malware that infects files in a computer until victims pay a certain amount of money to hackers. The latest [...]
SEOUL, May 15 (Korea Bizwire) – One in five South Korean employees work 54 hours or longer a week with the downtrend in weekly work hours losing steam in the 2010s, government data showed Monday. According to the data by Statistics Korea, some 5.33 million employees had a workweek of 54 hours or more in [...]
SEOUL, May 14 (Korea Bizwire) – South Koreans’ medical expenditures spent a year before death jumped more than threefold over the past decade, data showed Sunday, reflecting the rising need to beef up the country’s hospice facilities and services. According to the National Health Insurance Service (NHIS), South Koreans aged 40 and above on average [...]
SEOUL, May 14 (Korea Bizwire) – Penny stocks have been losers on South Korea’s main bourse this year, while stocks with higher prices have tended to be more profitable, data showed Sunday. According to the main bourse operator Korea Exchange, 19 stocks with a price tag below 1,000 won (US$0.89) posted a loss of 4.04 [...]
SEOUL, May 12 (Korea Bizwire) – Courting North Korea’s dysfunctional leader Kim Jong-un, and soothing tensions over the THAAD missile system with China – a conflict expected to cost South Korea billions of dollars – are likely the most urgent diplomatic issues to be tackled by newly elected President Moon Jae-in. But to its east, [...]