SEOUL, Sept. 18 (Korea Bizwire) — South Korean prosecutors said Sunday that Do Kwon, the wanted founder of Terraform Labs accused of fraud following the massive collapse of the firm’s cryptocurrencies in May, is “obviously on the run” and not cooperating with the investigation. The remarks came in response to Kwon’s claim in a tweet [...]
SEOUL, Sept. 17 (Korea Bizwire) – South Korea’s new COVID-19 cases fell for the third consecutive day to below 50,000 on Saturday amid the gradual slowdown of the spread of the virus. The country reported 43,457 new COVID-19 infections, including 280 from overseas, bringing the total caseload to 24,359,702, the Korea Disease Control and Prevention [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea should prepare to gradually end COVID-19 emergency response system in a step toward the people’s return to normalcy amid a moderate declining trend of the virus, an adviser said Friday. South Korea reported 51,874 new COVID-19 cases, including 348 from overseas, earlier in the day, bringing the [...]
SEOUL, Sept. 16 (Korea Bizwire) — The number of reports of dating violence last year tripled from the previous year, while the arrest rate more than halved, a lawmaker said Thursday. The data, submitted by the National Police Agency to Rep. Jeon Bong-min of the ruling People Power Party, revealed that the number of reports [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s unemployment rate hit an all-time low last month, but the pace of job growth slowed down for the third month in a row amid economic uncertainties, data showed Friday. The number of employed people stood at 28.41 million in August, up 807,000 from a year earlier, according [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to the 70,000 range Thursday amid a moderate declining trend, but health authorities remain concerned over a possible “twindemic” — a simultaneous outbreak of COVID-19 and the seasonal influenza. The country reported 71,471 new COVID-19 infections, including 352 cases from overseas, bringing the [...]
SEOUL, Sept. 15 (Korea Bizwire) — Police have arrested a 31-year-old subway station worker for killing a female colleague in the public restroom of a subway station in Seoul, one day before a court was set to sentence him on charges of stalking her. The Seoul Metro employee, surnamed Jeon, allegedly stabbed the victim in [...]
SEOUL, Sept. 15 (Korea Bizwire) — Around 45 percent of household heads over 65 years of age engaged in wage worker earn less than 1 million won (US$717) each month, data showed Wednesday. Statistics Korea reported that 44.6 percent of wage workers over 65 years of age make less than 1 million won in labor [...]
SEOUL, Sept. 15 (Korea Bizwire) — Despite the steady growth of flexible work arrangements, the number of South Korean workers who can’t afford to take advantage of such benefits remains significant, a business lobby said Wednesday. According to an analysis of data from Statistics Korea conducted by the Federation of Korean Industries, the number of [...]
SEOUL, Sept. 15 (Korea Bizwire) — About 6 out of 10 beverage, cup noodle and milk products have no braille guides, and for those products that did have braille guides, the readability was low, a consumer advocacy group said Wednesday. The Korea Consumer Agency (KCA) conducted a survey of 321 food items consisting of beverages, [...]