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Electronic Payments Hit Record High in 2016

Electronic Payments Hit Record High in 2016

SEOUL, Mar. 23 (Korea Bizwire) — The amount of payments made electronically hit a record high in 2016, central bank data showed Wednesday, underscoring the growing trend of South Koreans using electronic means for financial transactions. The daily average amount of electronic financial transactions came to 343.5 billion won (US$306 million) in 2016, up 36.1 [...]

Scientists Develop Gold Nanomaterials for Gout Treatment

Scientists Develop Gold Nanomaterials for Gout Treatment

SEOUL, Mar. 23 (Korea Bizwire) — A group of South Korean scientists developed a new type of gold nano-sized materials to treat hyperuricemia, the science ministry said Wednesday, opening a new gateway for the treatment of diseases such as gout. Hyperuricemia is a phenomenon marked by an abnormally high level of uric acid in the [...]

Half of Working Moms Quit 1 Year After Taking Childcare Leave: Survey

Half of Working Moms Quit 1 Year After Taking Childcare Leave: Survey

SEOUL, March 17 (Korea Bizwire) – Nearly half of South Korea’s working moms quit their jobs within a year of taking childcare leave, a report said Friday.  The high proportion of early retirement by women is attributed to discrimination at the workplace and long work hours, the report by the Korea Institute for Health and [...]

S. Korea 6th Biggest Target of Trojan Horse Malware Attacks: Report

S. Korea 6th Biggest Target of Trojan Horse Malware Attacks: Report

SEOUL, March 16 (Korea Bizwire) – South Korea was the sixth-biggest target of Trojan horse malware attacks in mobile banking last year, a multinational cybersecurity firm said Thursday.  The most vulnerable country was Russia, followed by Australia, according to the Kaspersky Security Bulletin 2016.  The Russian multinational cybersecurity and anti-virus provider, Kaspersky Lab, said it [...]

Scientists Discover REM Sleep’s Role in Memory Development

Scientists Discover REM Sleep’s Role in Memory Development

SEOUL, Mar. 13 (Korea Bizwire) — A group of South Korean scientists discovered that rapid eye movement (REM) sleep has a role in memory consolidation, a state-run science laboratory said Monday, a finding that could lead to a treatment for diseases related to sleep disorder. The team led by Choi Jee-hyun found that REM sleep [...]

Subways Most Preferred Transportation Choice for Many Foreigners

Subways Most Preferred Transportation Choice for Many Foreigners

SEOUL, March 13 (Korea Bizwire) – Foreign tourists prefer subways and railroads while shying away from buses and taxis due to complicated route maps and expensive fares, a survey showed Monday.  About 70 percent of 649 foreign tourists were satisfied by their use of subways and railroads, according to the survey conducted by the Korea [...]