Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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[Graphic News] Vienna returns as world’s ‘most livable city’
The Austrian capital Vienna has made a comeback as the world’s most livable city, according to an annual report from the Economist. Vienna snatched the top spot from Auckland, New Zealand, which tumbled down to 34th place due to coronavirus pandemic restrictions, according to the report by the Economist Intelligence Unit. Europe boasted six out of the top 10 cities. The Austrian capital was followed by the Danish capital Copenhagen and Switzerland’s Zurich. Fellow Swiss city Ge
WorldJuly 8, 2022
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[Graphic News] Youth gambling addiction sharply increases during pandemic
The number of adolescents treated for gambling addiction spiked last year as they spent more time at home due to the coronavirus pandemic, data showed. Rep. Kim Do-eup of the ruling People Power Party released the statistics from the state-run Health Insurance Review and Assessment Service that showed 7,063 adolescents received treatment for gambling addiction between 2017 and 2021. The number steadily increased from 837 in 2017 to 1,032 in 2018, 1,328 in 2019 and 1,597 in 2020. It surged
NationalJuly 7, 2022
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[Graphic News] SNU places 29th in QS World University Rankings
Seoul National University ranked 29th overall in the 2023 QS World University Rankings 2023, scoring its highest placement so far. SNU received particularly good reviews in academic reputation (98.6 points) and graduate reputation (97.8 points). Massachusetts Institute of Technology remained at the top place for the 11th consecutive year, followed by the University of Cambridge, Stanford University, Oxford and Harvard. The QS rankings were based on academic reputation, employer reputatio
WorldJuly 6, 2022
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[Graphic News] 7 in 10 S. Koreans only support nonlethal aid for Ukraine: survey
Seven out of 10 South Koreans believe the government should only provide nonmilitary aid to Ukraine, a survey showed. In the survey of 1,000 people aged 18 or above conducted by Gallup Korea from June 21-23, 72 percent said the government of President Yoon Suk-yeol should only send medical, food and other nonlethal aid. Only 15 percent said the government should also provide weapons. Eighty-four percent said they are interested in the Ukraine-Russia war while 13 percent said
NationalJuly 5, 2022
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[Graphic News] A global look at mass deaths of trafficked migrants
Fifty-three migrants died after being abandoned in a tractor-trailer in the sweltering Texas heat on June 27, one of the worst tragedies to claim the lives of migrants smuggled across the border from Mexico to the US. The deaths were the latest in what has become a global series of mass deaths occurring during human trafficking attempts.
WorldJuly 4, 2022
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[Graphic News] US Supreme Court’s Roe decision disapproved by majority: poll
A CBS News poll suggested that a majority of Americans disapprove of the US Supreme Court’s decision overturning the constitutional right to an abortion, which is inflaming a partisan divide on display in comments by senior lawmakers. The poll, conducted June 25-26, found 59 percent disapproved of the ruling, including 67 percent of women. While 78 percent of Republicans were in favor of the decision, 83 percent of Democrats disapproved. The survey has a margin of error of plus or minu
WorldJuly 1, 2022
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[Graphic News] S. Korea’s global competitiveness ranking falls to 27th
South Korea’s global competitiveness ranking fell four notches this year from the previous year, amid the economic slowdown and a continued rise in the national debt, a report showed. South Korea ranked No. 27 in terms of global competitiveness among 63 countries surveyed, according to the 2022 report by the International Institute for Management Development. The IMD, a Switzerland-based international institution, has released the report every year since 1989 based on a country&rsquo
WorldJune 30, 2022
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[Graphic News] Apple named world’s most valuable brand
Apple reclaimed its title as the world’s most valuable brand, according to a survey from Kantar BrandZ, knocking rival Amazon off the top spot for the first time in three years. The iPhone maker’s brand value reached $947 billion this year, while Amazon slipped to third, according to Kantar’s survey published June 15. Apple was last ranked the most valuable brand in 2015. Louis Vuitton became the first luxury brand to reach the top 10 after experiencing 64 percent growth
World BusinessJune 29, 2022
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[Graphic News] 50% of soccer players suffer online abuse: study
More than half of soccer players playing at the European Championship and African Cup of Nations suffered online abuse, a study published by FIFA revealed. Much of the abuse came from fans of the players’ home nations. “Homophobic (40 percent) and racist (38 percent) comments provided the majority of the abuse,” said the independent report published to coincide with the United Nations International Day for Countering Hate Speech. Using artificial intelligence to track o
WorldJune 28, 2022
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[Graphic News] Majority of Americans hold Trump culpable for 1/6 riot: study
About 6 in 10 Americans believe Trump should be charged for the Jan. 6, 2021 riot in the US Capitol, a poll published by ABC News and Ipsos revealed. Opinions differed greatly based on the political party respondents supported. Nevertheless, 58 percent of the total respondents replied that they believe Trump should be legally charged for the riots. Sixty percent of the total respondents replied they believe the hearings held by the House 1/6 committee was “fair and unbias
WorldJune 27, 2022
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[Graphic News] S. Korea ranks No. 1 in household debt-to-GDP ratio in Q1
South Korea had the highest household debt-to-gross domestic product ratio among 36 major economies in the first quarter, a global finance report said. The country’s household debt-to-GDP ratio came to 104.3 percent in the January-March period, followed by Lebanon with 97.8 percent, Hong Kong with 95.3 percent, Thailand with 89.7 percent and Britain with 83.9 percent, according to data from the Institute of International Finance. South Korea was the only country whose household
World BusinessJune 24, 2022
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[Graphic News] Samsung Electronics world No. 22 by market cap
Samsung Electronics, South Korea’s leading tech firm, was the world‘s 22nd-largest company in terms of market capitalization, down seven notches from a year earlier, data showed. According to the list of the global top 100 companies released by London-based accounting company PwC, the tech giant was the only South Korean company on the list with the market value of $342 billion as of March. The share price of the chip giant has fallen amid global uncertainties, including moneta
World BusinessJune 23, 2022
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[Graphic News] Global nuclear arsenal to grow for first time since Cold War
The global nuclear arsenal is expected to grow in the coming years for the first time since the Cold War while the risk of such weapons being used is the greatest in decades, a leading conflict and armaments think-tank said. Russia’s invasion of Ukraine and Western support for Kyiv has heightened tensions among the world’s nine nuclear-armed states, the Stockholm International Peace Research Institute think-tank said in a new set of research. Russia has the world’s bigges
WorldJune 22, 2022
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[Graphic News] Hong Kong most expensive city to live in for expats
Hong Kong is the world’s most expensive city to live in as an expat for the second year in a row, according to a new study. New York and Geneva took second and third place in the rankings. Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International, which carried out its research in March this year. London and Tokyo round out the top five. Seoul, capital city of South Korea, stays 10th most expensive location in
WorldJune 21, 2022
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[Graphic News] Global tourist arrivals tripled in first quarter
International tourist arrivals tripled in the first quarter compared with the same period in 2021, with Europe leading the rebound as COVID-19 restrictions were eased, the United Nations’ tourism agency said. In the first three months of 2022, there were 117 million global tourist arrivals, up from 41 million in the same period a year earlier, with the figures showing an increase of 182 percent, the Madrid-based UN World Tourism Organization said. Although the figure remained 6
WorldJune 17, 2022
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[Graphic News] Crypto scam victims lose more than $1b since 2021
More than 46,000 people reported losing a total of over $1 billion in cryptocurrency scams since the start of 2021, the US Federal Trade Commission said in a report. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a social media platform, according to the FTC. The craze for cryptocurrencies was at a fever pitch last year, with bitcoin hitting a record high of $69,000 in November. Reports point to social media and cr
WorldJune 16, 2022
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[Graphic News] Trade of computers, peripherals hits new high
South Korea’s trade of computers and related goods soared nearly 40 percent to reach a new all-time high in the first four months of the year amid the coronavirus pandemic, data showed. The country’s exports and imports of computers and peripherals stood at $13.3 billion in the January-April period, up 40.2 percent from a year earlier, according to the data from the Korea Customs Service. Computers and peripherals include desktops, notebooks, tablets, solid state drives, memory
BusinessJune 15, 2022
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[Graphic News] Population mobility hits 48-year low
The number of South Koreans who moved to different residences in the country sank to a 48-year low in April due to an aging population and fewer housing transactions, data showed. The number of people who changed their residences came to 483,000 last month, down 18.7 percent from a year earlier, according to the data compiled by Statistics Korea. The tally marked the lowest for any April since 1974, when the figure marked 480,000. It was also the first time that the number had fallen below
NationalJune 13, 2022
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[Graphic News] Movie theater attendance nears pre-pandemic level in May: data
South Korean film attendance numbers nearly shot back up to the pre-pandemic level in May, data showed, with a couple of big hits leading the charge. According to the Korean Film Council, movies screened in the country amassed a combined 14.55 million admissions in May, the highest monthly figure since 16.84 million from January 2020 - the last full month before the COVID-19 pandemic hit. The May figure was also a massive jump from just 3.21 million admissions in April. During the pandem
NationalJune 10, 2022
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[Graphic News] Number of executives at major firms rises 4.5% in Q1
The number of executives at South Korea’s major firms expanded 4.5 percent on-year in the first quarter of the year despite the coronavirus pandemic, a corporate tracker said. A total of 353 leading companies in Asia’s fourth-largest economy had a combined 14,418 executives as of end-March this year, up from 13,803 a year earlier, according to the Leaders Index. The figure covers companies out of the country’s top 500 corporations by sales that have disclosed their first-
NationalJune 9, 2022