SEOUL, Aug. 27 (Korea Bizwire) – The proportion of births outside of marriage reached an all-time high last year, data showed Wednesday, indicating a possible shift in accepted norms. A total of 13,800 babies were born out of wedlock in 2024, accounting for a record 5.8 percent of all births in the country, according to [...]
SEOUL, Aug. 27 (Korea Bizwire) — Despite government hopes that international students could help ease labor shortages in South Korea’s manufacturing sector, a new study suggests that most foreign graduates are reluctant to remain in the country for the long haul. According to a report released Tuesday by the Korea Immigration Policy Research Institute, only [...]
SEOUL, Aug. 27 (Korea Bizwire) — The prevalence of diabetes among South Koreans under 30 has risen sharply over the past decade, with Type 2 diabetes — traditionally associated with obesity and older adults — nearly quadrupling in that age group, according to a new study. Researchers at Seoul National University Bundang Hospital analyzed national [...]
SEOUL, Aug. 26 (Korea Bizwire) — More than eight out of 10 bond traders expect the central bank to keep its policy rate steady this week amid housing market instability and increased volatility in the foreign exchange market, a survey showed Tuesday. According to the survey conducted by the Korea Financial Investment Association last week, [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea now has one of the highest rates of multiple births in the world, even as its overall fertility rate continues to plunge, according to new research released Monday. A study by the Korea Institute for Health and Social Affairs found that in 2023 South Korea recorded 26.9 [...]
A total of 8.64 million people aged 65 and older, accounting for 90.9 percent of the age group, received pension payments from at least one type of pension program, including the state pension, as of 2023, according to data compiled by Statistics Korea. The average monthly pension amount marked a 6.9 percent increase from [...]
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 [...]