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Brokerages Earn 23.6 bln Won in Short Selling Fees in H1

Brokerages Earn 23.6 bln Won in Short Selling Fees in H1

SEOUL, Sept. 27 (Korea Bizwire) — Brokerages in South Korea raked in a combined 23.61 billion won (US$16.5 million) in fees from handling stock short selling in the first half of this year, data showed Tuesday. The amount compared with 29.28 billion won they earned from short selling-related fees throughout last year, according to the [...]

E-scooter Accidents Up 10-fold Over Last 5 Years: Data

E-scooter Accidents Up 10-fold Over Last 5 Years: Data

SEOUL, Sept. 27 (Korea Bizwire) — Accidents and deaths caused by electric scooters and other personal mobility vehicles have increased dramatically over the last five years, data showed Monday. Rep. Oh Yeong-hwan of the Democratic Party referred to a report submitted by the Korea Road Traffic Authority indicating that the number of accidents caused by [...]

Korean Researchers Identify Brain Area that Causes Sleep Disorder and Depression for Shift Workers

Korean Researchers Identify Brain Area that Causes Sleep Disorder and Depression for Shift Workers

SEOUL, Sept. 27 (Korea Bizwire) — The primary reason why shift workers tend to suffer more from sleep disorders and depression than non-shift workers is the activation of a specific brain area associated with information processing capability, a study indicated Monday. A joint research team from Seoul National University Hospital and Samsung Medical Center divided [...]

S. Korea Posts IPR Trade Surplus in H1 amid Popular K-pop, Culture

S. Korea Posts IPR Trade Surplus in H1 amid Popular K-pop, Culture

SEOUL, Sept. 23 (Korea Bizwire) — South Korea posted a trade surplus of intellectual property rights (IPRs) in the first half of this year thanks to a rise in copyright payments amid popularity of Korean music and other cultural content, central bank data showed Friday. The country’s surplus from cross-border IPR trade came to US$370 [...]

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SEOUL, Sept. 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, ranks No. 1 in terms of download speed of 5G networks, an industry report showed Friday. According to global mobile industry tracker Opensignal, the average download speed using SK Telecom’s 5G network was recorded at 469.6 megabits per second (Mbps), 2.55 [...]

S. Koreans Grow More Skeptical of N. Korea’s Denuclearization: Survey

S. Koreans Grow More Skeptical of N. Korea’s Denuclearization: Survey

SEOUL, Sept. 22 (Korea Bizwire) — Nine out of 10 South Koreans are skeptical about the possibility of North Korea abandoning its nuclear program, a survey showed Thursday, amid a prolonged impasse in inter-Korean relations and denuclearization talks. According to the poll of 1,200 adults by the Institute for Peace and Unification Studies (IPUS) at [...]

630 Suicides Reported Among Elementary to High Schools Students Over Past 4 yrs

630 Suicides Reported Among Elementary to High Schools Students Over Past 4 yrs

SEOUL, Sept. 22 (Korea Bizwire) — A total of 630 elementary to high school students took their own lives over the past four years, due mainly to family feuds, an education ministry report showed Thursday. According to the report submitted to Rep. Kim Byong-wook of the People Power Party, 388 high school students died by [...]

Student Drug Offenders Jump 2.5-fold Over 3 yrs: Report

Student Drug Offenders Jump 2.5-fold Over 3 yrs: Report

SEOUL, Sept. 22 (Korea Bizwire) — Student drug offenders jumped nearly 2.5-fold over the past three years, marking a sharp increase compared with a 1.3-fold rise in overall drug offenders seen during the period, a report showed Thursday. According to the police report submitted to Democratic Party Rep. Kang Deuk-gu, the number of elementary to [...]