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Regional Tensions Soaring amid N. Korea’s Provocations, Allies’ Tit-for-tat

Regional Tensions Soaring amid N. Korea’s Provocations, Allies’ Tit-for-tat

SEOUL, Oct. 8 (Korea Bizwire) — Tensions on the Korean Peninsula appear to be on a perilous escalatory trajectory, with North Korea dialing up nuclear and missile threats, and South Korea and the United States determined to make “stronger-than-before” responses, analysts said Friday. In just under two weeks, Pyongyang has staged six rounds of missile [...]

Drug Abuse Spreads Among Young South Koreans

Drug Abuse Spreads Among Young South Koreans

SEOUL, Oct. 7 (Korea Bizwire) — Abuse of opioid medications like painkillers, anorectics and anesthetics is spreading among South Korean teens and 20-somethings. Rep. Kang gi-yun of the People Power Party referred to a report from the Ministry of Food and Drug Safety showing that there were 61,087 prescriptions for fentanyl patches issued to those [...]

3 in 10 Webtoon Artists Have Experienced Unfair Contracts: Survey

3 in 10 Webtoon Artists Have Experienced Unfair Contracts: Survey

SEOUL, Oct. 6 (Korea Bizwire) — Three out of 10 South Korean webtoon artists have experienced unfair contracts, a survey showed Wednesday. According to a report that Rep. Yoo Jung-ju of the Democratic Party received from the Ministry of Culture, Sports and Tourism, 30.3 percent of 871 surveyed webtoon artists said that they had signed [...]

Student’s Satirical Cartoon About Yoon Sparks Dispute over Free Speech

Student’s Satirical Cartoon About Yoon Sparks Dispute over Free Speech

SEOUL, Oct. 5 (Korea Bizwire) — A satirical cartoon about President Yoon Suk-yeol has sparked a debate about freedom of expression after the culture ministry expressed regret and issued a warning to the organizer of a cartoon festival that awarded a prize to it. Drawn by a high school student, the cartoon, titled “Yoon Suk-yeol [...]

Young Single-person Households Focus More on Savings than Consumption

Young Single-person Households Focus More on Savings than Consumption

SEOUL, Oct. 4 (Korea Bizwire) — South Korea’s young, single-person households are focusing on their savings, contrary to previous expectations that they would focus on consumption, influenced by the YOLO — You Only Live Once — culture, a report showed Monday. KB Financial Group Research Institute conducted a nationwide survey of 2,000 male and female [...]

Women Less Interested in Relationships, Marriage and Childbirth than Men

Women Less Interested in Relationships, Marriage and Childbirth than Men

SEOUL, Sept. 28 (Korea Bizwire) – The vast majority of individuals who are not in a relationship choose to be single voluntarily, a survey showed Tuesday. The Korea Population, Health and Welfare Association conducted a survey of 1,047 ‘voluntary’ singles between the ages of 19 and 34, 65.5 percent of whom said they were not [...]

S. Korea Aims to Take Up 12 pct of World’s EV Market by 2030

S. Korea Aims to Take Up 12 pct of World’s EV Market by 2030

SEOUL, Sept. 28 (Korea Bizwire) — South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers’ global market share to 12 percent by 2030 and to be a global car industry powerhouse, the industry ministry said Wednesday. For the goal, the government vowed to provide tax incentives and various [...]

Deaths in S. Korea Hit Record High Last Year amid Rapid Aging, Pandemic

Deaths in S. Korea Hit Record High Last Year amid Rapid Aging, Pandemic

SEOUL, Sept. 27 (Korea Bizwire) — The number of deaths in South Korea hit an all-time high last year due largely to rapid aging and the fallout of the COVID-19 pandemic, data showed Tuesday. A total of 317,680 people died in the country last year, up 12,732 people, or 4.2 percent, from the previous year, [...]

Yoon’s Overseas Trip Marked by Rare Summit with Japan, Embarrassing Hot Mic

Yoon’s Overseas Trip Marked by Rare Summit with Japan, Embarrassing Hot Mic

OTTAWA, Sept. 23 (Korea Bizwire) — South Korean President Yoon Suk-yeol wound up his second overseas trip amid embarrassment over the use of foul language caught on hot mic, but the trip was marked by one unmistakable outcome: the first summit with Japan in nearly three years. Yoon began the trip with a stop in [...]

Supreme Court Suggests Stronger Countermeasures Against Stalking Suspects

Supreme Court Suggests Stronger Countermeasures Against Stalking Suspects

SEOUL, Sept. 20 (Korea Bizwire) — The Supreme Court on Tuesday proposed tougher countermeasures against stalking suspects, such as the imposition of a restraining order, amid growing societywide resentment over the recent murder of a young subway worker by her alleged stalker. The top court said in a statement that stalking suspects who are under [...]