[Graphic News] 77% of young Koreans still financially dependent

A recent survey from the employment platform Catch revealed that around 8 out of 10 Koreans in their 20s and 30s were still economically dependent on their parents. According to the survey conducted on 1,903 job-seekers in their 20s and 30s, 77 percent replied that they were still economically dependent on their parents, and only 23 percent replied that they were independent. At a closer look, 43 percent of the participants replied they still live with their parents and 41 percent said they re

Social AffairsApril 23, 2024

[Graphic News] Hallyu boosting image of Korea: survey

Two-thirds of overseas residents reported a positive change in their perception of Korea thanks to Korean cultural content, a government report showed. The 2024 report issued by the Ministry of Culture, Sports and Tourism and its affiliate, the Korean Foundation for International Cultural Exchange, showed that 66.1 percent of respondents who had engaged with Korean content, such as TV dramas and films, said it had a favorable impact on their perception of Korea. The report was based on an onli

World NewsApril 22, 2024

[Graphic News] French bulldog most popular breed in US, Maltese most popular in Korea

The French bulldog has been chosen as America’s most popular dog breed for the second year in a row, according to the data collected by the American Kennel Club. The Labrador retriever, which held the top place for 31 years before being dethroned by the French bulldog in 2022, came in at second place once again. The French bulldog has seen a rapid rise in popularity since 2015, when it first entered the top 10 list in 100 years. The top 5 dog breeds in 2023 remained the same as 2022 with

World NewsApril 19, 2024

[Graphic News] More Koreans say they plan long-distance trips this year

Long-distance travel will be more active this year than before, and many will leave for North America or Europe. A local online tourist agency, yeogi.com, surveyed its 233 mobile app users in March, and 62.2 percent of respondents said they are planning long-distance travel to destinations including the US, Canada, France and the UK. These results show a change from recent preferences for short trips to countries nearby such as Japan and Vietnam. North America was named the most preferred dest

Social AffairsApril 18, 2024

[Graphic News] Users of high-speed trains KTX, SRT hit record Q1 figures

The number of passengers on South Korea’s bullet trains, the KTX and SRT, hit a record high during the first quarter this year, the trains’ operators said. From January to March, the number of KTX users jumped to 19.26 million from 17.91 million during the same period last year, according to Korea Railroad Corp. SR Inc. said the number of SRT users rose to 6.43 million from 6.3 million during the same period. The operators said pent-up travel demand after years of the COVID-19 pand

Social AffairsApril 17, 2024

[Graphic News] Samsung took top spot in US home appliance market last year: data

Samsung Electronics was the most popular home appliance brand in the United States last year in terms of market share, data showed. Samsung Electronics took up 21 percent of the home appliance market share in the US in terms of sales in 2023, followed by Korean rival LG Electronics at 19 percent, General Electric at 18 percent and Whirlpool at 15 percent, according to data from market researcher TraQline. A survey by also showed that Samsung was the most considered brand when consumers purchas

World BusinessApril 16, 2024

[Graphic News] Beverage exports reached $572m in 2023

Exports of South Korean beverage products jumped to a record $572 million last year, helped by the popularity of Korean culture, government data showed Monday. The country’s beverage exports jumped 11.5 percent in 2023 from $513 million a year earlier, according to data from the Korea Agro-Fisheries & Food Corp. By country, beverage shipments to China accounted for 21 percent, or $121 million, followed by shipments to the United States with $83 million, Cambodia with $54 million and

FoodApril 15, 2024

[Graphic News] Four out of 10 households say their children don’t eat kimchi

A recent survey on Korea’s kimchi consumption has shown a shift in preference toward shop-bought kimchi rather than home-made kimchi. And 4 out of 10 households found that their children did not eat kimchi. According to the 2023 Kimchi Industry Survey Analysis Report by the Korea Agro-Fisheries & Food Trade Corp., 40.9 percent of the 3,183 households surveyed answered that their children do not consume kimchi. The ratio of children that do not eat kimchi has been rising gradually, from 3

FoodApril 10, 2024

[Graphic News] Mumbai has most billionaires in Asia

India’s financial hub Mumbai, with a population of 21.6 million, now holds the highest number of billionaires in Asia and ranks third behind New York and London in the world ranking, according to Hurun Research Institute’s global rich list. Mumbai overtook Beijing to become Asia’s leading billionaire hub for the first time with 92 billionaires. South Korea’s Seoul places 19th globally with 31 billionaires. In country rankings, China was still at the top of the list with

World NewsApril 9, 2024

[Graphic News] Most Chinese e-commerce platform users in S. Korea dissatisfied: poll

Most South Korean users of recently burgeoning Chinese e-commerce platforms were dissatisfied with various aspects of their services despite their competitive pricing, a poll showed. In the poll conducted by the Korea Chamber of Commerce and Industry recently on 800 consumers with experience using either AliExpress, Temu or Shein in the past year, 80.9 percent said they have experienced dissatisfaction with the services. Delayed delivery was cited as the biggest reason for dissatisfaction, at

MarketApril 8, 2024

[Graphic News] Tourists to Korea getting younger

According to the Korea Tourism Data Lab, the online information platform of the Korea Tourism Organization, one-third of tourists who visited Korea last year were 30 years old or younger. Of 11.03 million tourists to Korea in 2023, 3.93 million (35.6 percent) were under the age of 31. Those aged 21-30 were 2.79 million (25.3 percent), while those 20 and under were 1.11 million (10.3 percent). Among the young tourists, 42.3 percent came from Japan, showing a 15.7 percent increase from 10 years

Social AffairsApril 5, 2024

[Graphic News] International marriages up 18%

The number of marriages between South Koreans and foreign national spouses rose more than 18 percent in 2023, according to the data from Statistics Korea. The number of international marriages fell sharply to some 15,300 cases in 2020 from the previous year's 23,600 and further to about 13,000 the following year due to the COVID-19 pandemic. But the figure bounced back to over 17,000 in 2022 and further to nearly 20,000 last year. Vietnamese women took up the largest share of all wives of

Social AffairsApril 4, 2024

[Graphic News] Damages from phishing scams jump over 35%

Damages from phishing scams jumped on-year in 2023 despite growing awareness of the crime, data showed. Damages from phishing crimes came to 196.5 billion won ($147.8 million) last year, up 35.4 percent from 145.1 billion won in 2022, according to the data from the Financial Supervisory Service. The number of people who fell victim to the crime dropped 10.2 percent to 11,503 from 12,816 over the cited period. Phishing is a crime where victims are conned into transferring money to scammers or s

Social AffairsApril 3, 2024

[Graphic News] New York remains world’s top financial center, Seoul at 10th

New York easily remains the world’s top financial center, cementing its position for the past six years after it overtook London, in second place ever since, with Singapore ranked third, the Global Financial Centres Index 35 published by Z/Yen Group showed. Hong Kong remains in fourth place, followed by San Francisco nipping at its heels, helped by its strong role in financing tech. New York overtook London in 2018, after the United Kingdom voted to leave the European Union two years ear

World NewsApril 2, 2024

[Graphic News] Only 1 out of 35 Korean commercial films had female director last year

Only one out of 35 Korean films with a major budget was directed by a female director last year, a report showed. Action thriller “The Point Men,” directed by Yim Soon-rye, was the sole movie with a female director among the 35 commercial films with a production budget exceeding 3 billion won ($2.25 million), according to the report released by the Korean Film Council on the status of gender equality in the Korean film industry. The state-run movie promotion agency has been publish

FilmMarch 29, 2024

[Graphic News] Over 8,500 migrants died worldwide last year

A total of 8,541 migrants perished on land and sea routes worldwide in 2023, the UN migration agency said, the highest figure since it began counting such deaths a decade ago. The International Organization for Migration said the biggest increase in deaths last year came amid the treacherous Mediterranean Sea crossing: reaching 3,129 from 2,411 in 2022. This figure was however below the record 5,136 number of people who died trying to cross the Mediterranean in 2016, when huge numbers of Syria

World NewsMarch 28, 2024

[Graphic News] 90% of Korean workers perceive climate change as ‘serious’

More than 90 percent of employed workers in Korea who took part in a recent survey said they consider current climate change to be serious. Incruit, an employment agency, asked 743 workers about their perception of climate change, and 48.6 percent answered that they considered the situation to be “very serious” while 45 percent said it is “somewhat serious.” As to why they consider climate change to be serious, 90.3 percent of respondents said that unseasonable weather,

Social AffairsMarch 27, 2024

[Graphic News] US adults doubt mental capability of Biden, Trump

A poll found that a significant share of US adults doubt the mental capabilities of 81-year-old President Joe Biden and 77-year-old Donald Trump, the former president and current Republican front-runner in what is set to be a rematch of the 2020 election. More than 6 in 10 (63 percent) said they’re not very or not at all confident in Biden’s mental capabilities to serve effectively as president. A similar but slightly smaller share (57 percent) said that Trump lacks the memory and

World NewsMarch 26, 2024

[Graphic News] Istanbul named world’s most visited city

International travel has continued to make a strong recovery in 2023 with 38 percent growth in terms of overseas trips, projected to reach 1.3 billion by the end of the year. Istanbul tops the list with 20.2 million international arrivals in 2023. The city saw a 26 percent year-over-year visitor growth from 2022 to 2023, according to Euromonitor International. London came in the second spot followed by Dubai, Antalya and Paris. Wealth of dazzling cultural sites and crossover of Asian and Europ

World NewsMarch 25, 2024

[Graphic News] South Korean squad for World Cup qualifiers

On March 11, Hwang Sun-hong, the interim boss for the men’s national team, announced his 23-man squad for South Korea’s upcoming World Cup qualifiers. South Korea faces Thailand on Thursday on home turf, then again on March 26 in the Southeast Asian country. The two matches against Thailand will be the first time South Korea’s national team assembles again since losing to Jordan 2-0 in the semifinals of the AFC Asian Cup in Qatar. Paris Saint-Germain’s Lee Kang-in was a

SoccerMarch 21, 2024