SEOUL, June 9 (Korea Bizwire) — The number of accidents involving e-scooters more than tripled between 2018 and 2020 in Seoul, fire authorities said Wednesday. The Seoul Metropolitan Fire and Disaster Headquarters said it responded to 366 e-scooter accidents over the three years: 57 in 2018, 117 in 2019 and 192 in 2020. The increase [...]
SEOUL, June 9 (Korea Bizwire) — South Korea reported job growth for the third straight month in May, data showed Wednesday, in the latest sign that the job market is recovering from slumps caused by the pandemic. The number of employed people reached 27.6 million last month, 619,000 more than a year earlier, according to [...]
SEOUL, June 8 (Korea Bizwire) — Greenhouse gas emissions fell by 7.3 percent last year from 2019, the first time there has been a decrease for two consecutive years, the environment ministry said Tuesday. The ministry’s Greenhouse Gas Inventory and Research Center said total emissions last year are estimated at 648.6 million tons, down 7.3 [...]
SEOUL, June 6 (Korea Bizwire) — Apartment prices in Seoul and its adjacent areas grew more than 1 percent for the fifth straight month in May despite the government’s efforts to stabilize skyrocketing home prices, data showed Sunday. Housing prices in greater Seoul grew 1.21 percent in May from the previous month, compared with a [...]
SEOUL, June 6 (Korea Bizwire) — A total of 20 doctors lost their medical licenses over the past six years for having unlicensed people practice medicine on their behalf, including plastic surgeries, a report showed Sunday. Two dentists, two doctors of Korean medicine and one nurse had their medial licenses revoked for engaging in such [...]
SEOUL, June 3 (Korea Bizwire) — Online shopping in South Korea increased 25.2 percent in April from a year earlier as more people used e-commerce shopping platforms amid a non-contact consumption trend caused by the pandemic, data showed Thursday. The value of online shopping transactions stood at 15.1 trillion won (US$13.6 billion) in April, up [...]
SEOUL, June 3 (Korea Bizwire) — Nearly 2 out of 3 Seoulites in their 20s and 30s believe South Korea is not an ideal country for them to live in, a survey showed Thursday. The Seoul Institute, a city-run think tank, said it polled 1,000 Seoul residents between the ages of 20 and 39 from [...]
SEOUL, June 3 (Korea Bizwire) — U.S. electric vehicle maker Tesla’s newly released Model Y was the top-selling foreign car model in South Korea last month, beating German luxury brand Mercedes-Benz’s E-Class, industry data showed Thursday. A total of 3,461 Tesla’s vehicles were registered in May, sharply up from 76 in April, thanks to the [...]
SEOUL, June 2 (Korea Bizwire) — South Korean investors’ purchase of shares in electric vehicle leader Tesla Inc. hit a one-year low in May amid a drop in its price, data showed Wednesday. Domestic investors bought a net US$80.8 million worth of Tesla shares in May, the lowest amount in one year, according to the [...]
SEOUL, June 1 (Korea Bizwire) — South Korean carmakers’ sales rose 41 percent last month from a year earlier on strong overseas demand amid a quicker-than-expected recovery from the COVID-19 pandemic and a lower base effect, industry data showed Tuesday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung [...]