SEOUL, Aug. 28 (Korea Bizwire) — Global ransomware cases climbed 17 percent in the second quarter from a year earlier, with consumer-facing services bearing the brunt of attacks, according to a report released Tuesday by SK Shieldus, a South Korean cybersecurity company. The firm tallied 1,556 incidents worldwide between April and June. While that marked [...]
SEOUL, Aug. 28 (Korea Bizwire) — A large majority of South Koreans believe government support is crucial to developing venture businesses, underscoring public recognition of startups as key drivers of innovation and economic growth, according to a survey released Tuesday. The poll, conducted by the Korea Venture Business Association between July 14 and 21 with [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Koreans are marrying later, living more often in single-person households, and reporting higher life satisfaction than in past decades, even as chronic illness and suicide remain persistent challenges, new government data show. A report released Wednesday by Statistics Korea’s National Statistical Research Institute traced sweeping social changes since the [...]
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 [...]