SEOUL, Aug. 23 (Korea Bizwire) — Colorectal cancer, long considered a “Western disease,” is surging in South Korea, particularly among people in their 20s and 30s, where cases are growing at an annual rate of about 4 percent. A new study has identified Western-style eating habits as a major driver of the trend. A joint [...]
SEOUL, Aug. 23 (Korea Bizwire) — Nearly a third of South Korean retail investors using mobile trading apps have experienced system failures or access disruptions, raising concerns about reliability in a market where split-second timing can determine profits and losses. According to a survey released Friday by the Korea Consumer Agency, 59 percent of respondents [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korean universities are becoming markedly more international, with foreign students now accounting for more than 20 percent of enrollment at a growing number of institutions, according to a new government-affiliated study released Thursday. The Korea Immigration Policy Institute, analyzing data from the Korean Educational Development Institute, found that [...]
SEOUL, Aug. 20 (Korea Bizwire) — More than half of South Korea’s midsize listed companies saw profits fall in the first half of 2025, as global economic uncertainty and weakening demand weighed on key sectors, new data show. Combined operating profit for 500 midsize firms came to 6.34 trillion won ($4.55 billion) in the [...]
SEOUL, Aug. 20 (Korea Bizwire) – More than half of South Korean consumers who unknowingly purchase counterfeit goods online do not seek refunds, citing complicated procedures and small amounts of money at stake, according to a survey released Tuesday by the Korea Consumer Agency. The survey, conducted among 1,000 consumers across eight major platforms — [...]
SEOUL, Aug. 20 (Korea Bizwire) — A significant share of South Korean investors’ holdings in overseas-listed exchange-traded funds (ETFs) are concentrated in high-risk leveraged products, raising concerns about potential losses and the need for regulatory overhaul, according to a new report by the Korea Capital Market Institute. As of June 2025, South Korean investors held [...]
SEOUL, Aug. 19 (Korea Bizwire) – In a bid to strengthen its circular economy efforts, the Seoul Metropolitan Government has initiated a pilot project to promote the separate collection and recycling of paper cartons, which can be transformed into high-quality natural pulp and recycled plastics such as polyethylene. Starting this month, Seoul has installed 350 [...]
SEOUL, Aug. 19 (Korea Bizwire) – South Korea’s household credit hit a fresh high in the second quarter of this year, amid a rise in loans borrowed for real estate purchases, the central bank said Tuesday. The outstanding credit to households stood at 1,952.8 trillion won (US$1.4 trillion) as of end-June, up 24.6 trillion won [...]
SEOUL, Aug. 19 (Korea Bizwire) — As daily life becomes increasingly reliant on digital tools, a new government survey has found that nearly one in 12 South Korean adults lacks the basic digital skills needed to navigate common tasks such as booking train tickets through an app, checking online invitations, or sending money via banking apps. [...]
SEOUL, Aug. 19 (Korea Bizwire) – A government policy aimed at reducing smoking through tobacco tax increases appears to have only short-term impact, with a recent study revealing that the sales drop triggered by higher prices typically vanishes within four months. According to a new report released Monday by the Korea Institute for Health and [...]