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70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

SEOUL, Feb. 17 (Korea Bizwire) – South Koreans’ calls for the renegotiation of a 2015 Seoul-Tokyo deal on Japan’s sexual enslavement of Korean women during World War II have been rising amid the rekindling of a row between the two countries over symbols of the victims, according to poll results released by Gallup Korea on [...]

Quick Rise to the Top for Children of Top Conglomerate Families

Quick Rise to the Top for Children of Top Conglomerate Families

SEOUL, Feb. 9 (Korea Bizwire) – Business evaluation website CEO Score revealed Wednesday how quickly children from Korea’s top conglomerate families move up the ladder, taking an average of 4.9 years until they nab an executive title from when they start working – a significant fast-track forward given the fact that it typically takes roughly [...]

Husbands More Satisfied with Marriages Than Wives: Survey

Husbands More Satisfied with Marriages Than Wives: Survey

SEOUL, Feb. 9 (Korea Bizwire) – Husbands are more satisfied with their marriages than wives in South Korea, a survey showed Thursday, indicating that married men’s involvement in household work is still insufficient.  The survey of 476 married men and 576 married women, conducted between June and November last year, showed that 72.2 percent of [...]

Lack of Economic Optimism in South Korean Millennials

Lack of Economic Optimism in South Korean Millennials

SEOUL, Feb. 6 (Korea Bizwire) – The Deloitte Millennial Survey 2017 revealed that South Korean youth are losing hope in their very own economy, ranking fairly low among surveyed countries. The survey was based on 8,000 millennials from 30 countries born after 1982, with permanent jobs and at least a bachelor’s degree. It is the [...]

Foreign Holdings of S. Korean Stocks Top 500 Tln Won

Foreign Holdings of S. Korean Stocks Top 500 Tln Won

SEOUL, Feb. 6 (Korea Bizwire) – The total value of South Korean stocks under foreign ownership has exceeded 500 trillion won (US$440 billion) for the first time on indications of a global economic recovery and improved earnings by some local giants, data showed Monday.  Foreign investors owned 501.9 trillion won worth of shares here as [...]

Online Shopping in S. Korea Hits Record High in Dec.

Online Shopping in S. Korea Hits Record High in Dec.

SEJONG, Feb. 3 (Korea Bizwire) – Online shopping in South Korea reached a fresh record high in December on the back of a steady upbeat trend of buying goods through computers and mobile phones, government data showed Friday.  Total online transactions reached a record 6.2 trillion won (US$5.4 billion) in December, up 15.4 percent from [...]

Less Emphasis on Traditional Family, Marriage Values: Survey

Less Emphasis on Traditional Family, Marriage Values: Survey

SEOUL, Feb. 2 (Korea Bizwire) – More South Koreans, noticeably young people and women, are putting less emphasis on traditional values such as family and marriage, a survey showed Thursday.  The survey was conducted by the Korea Institute for Health and Social Affairs (KIHASA) on people aged over 18 in 2006 and 2016. It showed [...]