SEOUL, Aug. 30 (Korea Bizwire) — As South Korea grapples with a series of “don’t-ask-why” crimes targeting random people, one common trait stands out among the suspects behind the recent killings. They showed signs of being “reclusive loners,” largely shut out from outside contact for months and, in some cases, even years. In May, Jung [...]
SEOUL, Aug. 30 (Korea Bizwire) — Hyundai Motor Co.’s labor and management have made the strategic decision to repurpose a sedan production line in response to the growing demand for SUVs. Sources familiar with the industry confirm that this decision was reached on Tuesday during a meeting of the Employment Security Committee at the carmaker. [...]
SEOUL, Aug. 29 (Korea Bizwire) — A recent study found that four out of every 10 Instagram accounts belonging to large companies in South Korea were found to be posting misleading environmental content, a practice known as “greenwashing.” This often confuses consumers, making them think the companies are more environmentally friendly than they actually are. [...]
SEOUL, Aug. 29 (Korea Bizwire) — The percentage of young adults who hold a favorable view of marriage has significantly decreased compared to a decade ago, a survey showed Monday. According to a survey conducted by Statistics Korea, only 36.4 percent of young adults expressed a positive attitude towards marriage in May 2022, marking a [...]
SEOUL, Aug. 28 (Korea Bizwire) — South Korea’s government spending on public pensions, a primary means of addressing senior poverty, is merely half of the expenditure of other countries within the Organization for Economic Cooperation and Development (OECD), a report showed Sunday. According to Pensions at a Glance 2021 published by the Paris-based organization, a [...]
SEOUL, Aug. 25 (Korea Bizwire) — A recent study has revealed a growing influence of the home environment on students’ academic performance in the wake of COVID-19. Researchers are increasingly focused on the family learning process due to the discovery that children’s scholastic achievements are more intertwined with their home environment and parental conduct than [...]
SEOUL, Aug. 24 (Korea Bizwire) — Many fish markets in South Korea’s famous seaside cities remained all but empty Thursday while fishermen voiced fears for their livelihoods amid a drop in seafood consumption over Japan’s release of treated radioactive water from the crippled Fukushima nuclear power plant. Japan on Thursday began discharging the radioactive water, [...]
SEOUL, Aug. 24 (Korea Bizwire) — The impending release of contaminated water from the Fukushima Daiichi nuclear power plant by the Japanese government has stirred significant distress among citizens and instilled a prevailing sense of crisis among business owners in South Korea. Many are openly expressing feelings of helplessness in light of this situation. This [...]
SEOUL, Aug. 22 (Korea Bizwire) — The so-called “vigilante YouTubers” are gaining popularity due to their determination to locate criminals and unveil the truth on behalf of law enforcement authorities. However, concerns arise that such actions might provoke witch-hunts or lead citizens to take the law into their own hands, fueled by violent video footage [...]
SEOUL, Aug. 22 (Korea Bizwire) — A growing number of young South Koreans are struggling to cover even modest monthly interest payments due to job instability, data showed Tuesday. Some 24.5 percent of South Koreans in their 20s, who availed microloans for their sustenance, faced difficulties in meeting interest obligations as of Aug. 4, according [...]