SEOUL, July 18 (Korea Bizwire) — South Koreans’ transactions of foreign stocks fell sharply in the first half of the year from six months earlier on bearish overseas equity markets, with their bond trading edging up, data showed Monday. Local investors’ transactions of overseas shares were valued at US$167.99 billion in the January-June period, down [...]
SEOUL, July 18 (Korea Bizwire) — Sales of K-pop albums have once again renewed their all-time-high level in the first half of this year, with the music continuing to be in its heyday, a local market tracker said. According to Kim Jin-woo, head researcher of Circle Chart, which reports accumulated sales and streams, on Sunday, [...]
SEOUL, July 18 (Korea Bizwire) — South Korean millennials used online shopping portals more than any other generation while members of Generation X were the most prolific users of TV home shopping for the past three years, a survey showed Sunday. The Korea Information Society Development Institute (KISDI) conducted a survey of the 4,171 households [...]
SEOUL, July 15 (Korea Bizwire) – Instances of workplace harassment have modestly decreased for the past three years after the implementation of a workplace anti-bullying law in 2019, a poll showed Friday, though the degree of abuse felt by the victims is still serious. According to the recent poll of 1,000 salaried workers by pollster [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s car exports reached an eight-year high in the first half of this year on the back of global popularity of eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles grew 3.2 percent on-year to US$24.35 billion during the January-June period, which marked the highest [...]
BUSAN, July 15 (Korea Bizwire) — Nursing assistants working at hospitals and clinics in the southeastern port city of Busan are suffering from poor working conditions, as they have to take personal leave to quarantine for COVID-19. Nursing assistants, in general, serve as assistants in patient care and diagnosis following the instructions of doctors or [...]
SEOUL, July 14 (Korea Bizwire) — The number of South Korean and foreign migrants fell to the lowest level in 18 years last year as the COVID-19 pandemic restricted cross-border movements by people, data showed Thursday. The number of international migrants, referring to those who stay for more than 90 days here, declined 347,000, or [...]
SEOUL, July 13 (Korea Bizwire) — South Korea reported job additions for the 16th consecutive month in June, but the pace of job growth slowed from a month earlier amid heightened economic uncertainty, data showed Wednesday. The number of employed people came to 28.49 million last month, up 841,000 from a year earlier, according to [...]
SEOUL, July 12 (Korea Bizwire) — The atmospheric concentration of carbon dioxide (CO2) in South Korea hit an all-time high last year, with the atmospheric methane level also registering a sharp increase, a meteorological institute said Tuesday. The CO2 level in the air, measured from the country’s longest-running observation station on Anmyeon Island, 124 kilometers [...]
SEOUL, July 12 (Korea Bizwire) — The value of unreturned deposits for “jeonse” home rentals is increasing year after year, hitting an all-time high in the first half of this year, data showed Monday. Under South Korea’s decades-old jeonse system, tenants pay a large lump-sum deposit, known as key money, to the landlord, which [...]