Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Seoul Metro to seek legal action against malicious complaints
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Golden chance to liquidate babies’ gold rings?
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[Graphic News] Overseas adoption ebbs in U.S.
A total of 6,400 infants and children from different parts of the world were adopted by U.S. citizens last year, according to the U.S. Department of State.This was the lowest number in 33 years, and a 9 percent decrease from the year before, when 7,094 children were adopted from overseas.Overseas adoption by American parents has declined steadily since 2004. By country, the largest number came from China, at 2,040, followed by Ethiopia, Ukraine and Haiti. South Korea came next with 370 children
Social AffairsApril 2, 2015
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[Graphic News] More women indulge in binge drinking
More than 60 percent women in their 20s in Seoul consume alcohol more than once a month. Of those, 1 in 10 were classed as binge drinkers, according to the statistics released by Seoul Metropolitan Government.Alcohol consumption among women in their 20s increased to 64.8 percent in 2013, a 9.6 percentage point increase from 2008 and the biggest increase among age and gender groups. Of those, 1 in 10 indulge in binge drinking, defined as drinking more than five glasses of Soju, a popular Korean l
Social AffairsApril 1, 2015
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[Graphic News] Number of foreign students hits record high
The number of foreign students in Korea has hit a record high this year, data from the Justice Ministry showed Tuesday. As of February, the number of foreign students reached 92,076, up 8 percent on-year, the ministry said.The figure has gradually increased since 2008 but started to decline from 2012. The number dropped to 85,230 last year, the lowest figure since 2011, officials said. It picked up drastically last year, following various measures taken by the government and schools, including l
Social AffairsMarch 31, 2015
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[Graphic News] Incheon International Airport sustains growth for 14 years
Incheon International Airport has continued striking growth since it opened 14 years ago, data showed Monday. The airport, which launched service on March 29, 2001, has grown 6.7 percent on average in terms of the number of passengers; 3.4 percent in cargo; and 7.2 percent in flights every year, according to data released by the airport authority.The number of transfer passengers also increased from 2.46 million in 2001 to 7.71 million in 2013.The airport, which had 47 operating airlines in 2001
IndustryMarch 30, 2015
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[Graphic News] The Arab peacekeeping force
Arab League member states (11 countries ― Bahrain, Egypt, Jordan, Kuwait, Morocco, Pakistan, Qatar, Saudi Arabia, Sudan, Turkey, UAE) have agreed in principle to form a joint inter-Arab military peacekeeping force. While details of how such a force would actually operate remain thin, the agreement is a telling sign of a new determination among Saudi Arabia, Egypt and their allies to intervene aggressively in regional hotspots, whether against Islamic militants or spreading Iranian power. Senior
World NewsMarch 29, 2015
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[Graphic News] Conglomerates acquire 203 firms in 5 years
Korea’s 30 largest conglomerates acquired 203 companies at a total price surpassing 29 trillion won ($26.3 billion) in the past five years, according to data compiled on mergers and acquisitions released Wednesday. CJ Group led the pack in the number of deals with 36 acquisitions while Hyundai Motor Group topped spending on M&As, tallying nearly 5.2 trillion won, the business performance analysis site CEO Score said.The most expensive acquisition by far was Hyundai Engineering and Construction,
IndustryMarch 25, 2015
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[Graphic News] Top 3 retailers remain unchallenged
Lotte Department Store soared past the other big five local department stores in sales reported on Monday, while Galleria Department Store gave up its fourth-place slot to AK Plaza.Lotte reported sales of 14.2 trillion won ($12.8 billion) last year, followed by Hyundai Department Store with 6.98 trillion won ($6.3 billion) and Shinsegae Department Store with 6.3 trillion won ($5.7 billion).AK Plaza unseated Galleria Department Store for fourth place with 2.15 trillion won ($1.94 billion) in sale
IndustryMarch 24, 2015
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[Graphic News] Koreans world’s heaviest noodle consumers
Koreans consumed the most noodles per person in 2014, according to a report released by Bloomberg Intelligence and market research firm Euromonitor on Sunday.The report showed that the average Korean consumed 9.73 kilograms of noodles in 2014, up 0.8 percent from 2013. Japan was a close second with 9.63 kg, followed by Indonesia (5.8 kg), China (5.0 kg) and Vietnam (4.7 kg).The top 10 countries with the highest noodle consumption were all in Asia.Eight of the 10 countries showed an increase in n
IndustryMarch 23, 2015
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[Graphic News] China surges in arms export ranking
China is now the world’s third-largest exporter of arms, data compiled by the Stockholm International Peace Research Institute showed Tuesday.According to the report, the U.S. remained the world’s largest arms exporter during the 2010 to 2014 period, accounting for 31 percent of global exports of conventional weapons.The U.S. was followed by Russia with a 27 percent share of global arms exports, followed by China with about 5 percent. China’s biggest clients were Pakistan, which bought 41 percen
DefenseMarch 17, 2015
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[Graphic News] Korea’s growth lags behind G20 average
South Korea’s economic growth rate has fallen behind the G20 average for the fourth straight year, according to data released Sunday.Korea’s gross domestic product grew by 3.3 percent in 2014, lower than the G20 average of 3.4 percent, according to the Organization for Economic Cooperation and Development. Korea’s economic growth surpassed the G20 average from 1999 to 2010 ― even during the global financial crisis of 2006-2010 ― with the exception of 2003 and 2005.The nation’s unprecedented four
IndustryMarch 16, 2015
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[Graphic News] Korea’s minimum wage levels at middle of OECD rankings
South Korea’s annual minimum wage levels in 2013 ranked 14th out of 25 OECD countries with $12,038, placing in the middle range, according to data released Wednesday.Australia had the highest minimum wage with $30,839. France (No. 7, $22,788), U.K. (No. 9, $20,226), Japan (No. 10, $16,043), and the U.S. (No. 11, $15,080) were ahead of Korea, and Spain (No. 15, $11,995), Turkey (No. 18, $60,304) and Mexico (No. 25, $1,285) were behind.Additionally, South Korea’s minimum wage in terms of purchasin
Social AffairsMarch 11, 2015
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[Graphic News] Koreans in 50s and 60s reduce spending most
Families whose main earners are in their 50s or 60s were found to have slashed their spending most among age groups last year as they are planning to or have already retired, according to a government report.The average consumption propensity of households with heads in their 50s and 60s stood at 69.7 percent and 69.6 percent, respectively, the lowest among demographic groups, Statistics Korea said. The propensity average is the ratio of total consumption to disposable income.The drop is notewor
IndustryMarch 10, 2015
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[Graphic News] Chaebol owners’ dividend income crosses W300b
The total dividend income of heads of the nation’s top 10 conglomerates surpassed 300 billion won last year, according to data released on Sunday.The corporate analysis website chaebul.com said in its report that the total amount of their dividend income was 329.9 billion won, a 35.3 percent increase from 2013.Samsung Electronics chairman Lee Kun-hee topped the list with 175.8 billion won, the only corporate leader with over 100 billion won. Lee’s dividends increased by 63 percent (67.9 billion
IndustryMarch 9, 2015