SEOUL, Sept. 28 (Korea Bizwire) — Retail sales in South Korea marked the largest on-year growth so far this year in August on the back of the increase in people’s outdoor activities amid eased antivirus curbs and preparations for the Chuseok holiday, data showed Wednesday. The combined sales of 25 major offline and online retailers [...]
SEOUL, Sept. 28 (Korea Bizwire) — Sales of South Korea’s top 500 firms have soared nearly 40 percent over the past 10 years with the information technology and electronics sector taking up the biggest share, a corporate tracker said Wednesday. The combined top line of the leading businesses stood at 3,286 trillion won (US$2.3 trillion) [...]
SEOUL, Sept. 27 (Korea Bizwire) — A total of 1,860 cases of digital sex crimes have occurred in elementary, middle and high schools nationwide over the past five years, government data showed Tuesday. Of them, 218 happened in 2018, 464 in 2019, 427 in 2020, 461 in 2021 and 290 as of August 2022, according [...]
SEOUL, Sept. 27 (Korea Bizwire) — The number of deaths in South Korea hit an all-time high last year due largely to rapid aging and the fallout of the COVID-19 pandemic, data showed Tuesday. A total of 317,680 people died in the country last year, up 12,732 people, or 4.2 percent, from the previous year, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]