Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[Graphic News] Miami named world's priciest Airbnb city
Miami and Boston took the top two spots in the average daily cost of lodging in private dwellings for the second straight year, according to Bloomberg index. Airbnb owners asked for $205 a night and $195 a night, respectively, in the two cities. The Middle East has been climbing in the annual index and this year has five destinations among the top 15 priciest global cities: Tel Aviv and Dubai at No. 4 and No. 5, and Jerusalem, Riyadh and Kuwait City also near the top.
World Business Aug. 5, 2018
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[Graphic News] Terrorism soars in Europe
Terrorist attacks on European targets more than doubled last year, Europe's police agency said, warning that the risk of more unsophisticated attacks by the Islamic State group "remains acute." Last year, a total of 33 terror attacks were reported on the continent and Britain, 10 of which were successful -- killing 62 people -- while the rest were foiled or failed, Europol said in an annual report. That figure compared with 13 reported attacks in 2016, of which 10 were successful, leading to 13
World News Aug. 2, 2018
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[Graphic News] More than 50% of seniors engage in economic activity
Over 50 percent of South Korea's elderly are engaged in economic activity due to lack of preparation for retirement, and many are doing so for a living, government data showed. According to the data compiled by Statistics Korea, Koreans aged 55 to 79 numbered 13.44 million as of May this year, up 512,000 from a year earlier. The employment rate was 55.2 percent, up 0.2 percentage points over the same period.
Social Affairs Aug. 1, 2018
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[Graphic News] Value of shares held by celebrities rises in 2018
The value of shares held by South Korea's stock-rich celebrities increased this year despite lackluster market conditions, data showed. The combined value of shares held by the top seven celebrities stood at 555.1 billion won ($496.2 million) as of July 27, up 21.4 percent from 457.3 billion won as of the end of last year, according to corporate tracker Chaebul.com. The gains are noteworthy as the benchmark Kospi market and secondary Kosdaq bourse decreased 6.99 percent and 8.07 percent respec
Entertainment July 31, 2018
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[Graphic News] Half of S. Korean overseas travelers pack local food
More than half of South Koreans traveling abroad take local food, such as instant noodles and condiments, with them, a poll showed. According to the poll of 1,119 people conducted by major online shopping mall Gmarket, 58 percent of the respondents said they brought Korean food to supplement what they eat when traveling in foreign countries. Thirty-three percent of the respondents said they are not overly fond of foreign food, while 30 percent said they pack Korean food for their traveling comp
Social Affairs July 30, 2018
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[Graphic News] Heat wave kills 27, sickens more than 2,000
A heat wave in South Korea had killed at least 27 people, according to the Korea Centers for Disease Control and Prevention on Sunday. A total 2,042 people were medically treated for heatstroke and other heat-related symptoms from May 20 to July 28, government officials said. Sixty percent of patients were older than 50, however those 20-40 have also been at risk of illness as the record heat wave continues.
Social Affairs July 29, 2018
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[Graphic News] UN warns of AIDS rebound risk as flat funding threatens gains
Almost 3 in 5 people infected with HIV, or 21.7 million globally, took antiretroviral therapy in 2017 -- a new record for anti-AIDS drug access, the UN‘s AIDS agency said last week.There were 36.9 million people living with the immune system-attacking virus in 2017, of whom 15.2 million were not getting the drugs they need -- the lowest number since the epidemic exploded, UNAIDS reported. (AFP)
World News July 26, 2018
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[Graphic News] Samsung Electronics ranks 12th on Fortune 500
Samsung Electronics placed 12th on the list of the top 500 global companies, US business magazine Fortune showed, marking the highest standing ever posted by the tech giant. The Korean tech giant first entered Fortune's top 500 list by ranking No. 221 in 1995. Since then, Samsung has gradually expanded its presence around the globe, reaching No. 15 last year. Samsung was the only Korean company that made the top 20, Fortune showed. The company's archrival, Apple, placed 11th. Fortune said whil
World Business July 25, 2018
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[Graphic News] EU antitrust fines against tech companies
Google was hit with a record-breaking 4.34 billion euro ($5 billion) fine, topping the 2.4 billion euros it was ordered to pay in another case last year. EU antitrust regulators accused the company of abusing the dominance of its Android smartphone operating system by blocking rivals. Qualcomm was also fined 997 million euros this year after the European Commission said it breached EU rules by paying Apple to use only its chips in iPhones, in an effort to block rivals such as Intel.
World Business July 24, 2018
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[Graphic News] Singapore Airlines named world's best airline
Singapore Airlines was named the best carrier in the world, according to SkyTrax, which surveys more than 20 million fliers every year. It was also named the best in first-class. This is the fourth time the Asian company has won the honors since the annual award was established in 1999. East and Southeast Asian carriers dominated the list with seven among the world's top 10 airlines this year, including All Nippon Airways and Cathay Pacific Airways. Gulf-based Qatar Airways and Emirates took th
World News July 23, 2018
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[Graphic News] Cost of replacing damaged banknotes rises
The South Korean central bank spent 32.4 billion won to replace the damaged banknotes over the first half of 2018, up from 31.2 billion won recorded six months earlier. That news comes despite both the volume and face value of damaged banknotes falling slightly over the same period, the central bank said. In the January-June period, the face value of damaged banknotes discarded by the Bank of Korea came to 2.02 trillion won ($1.79 billion), down 1.9 percent, or 40.2 billion won, from the sec
Social Affairs July 22, 2018
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[Graphic News] Mayweather, Clooney lead world's highest paid entertainers
American boxer Floyd Mayweather was named the world’s highest-paid entertainer on a list that saw actor George Clooney take the No. 2 spot with the highest annual pay of his career. Reality star Kylie Jenner, 20, came in third on the annual Forbes Celebrity 100 list, largely thanks to her booming cosmetics line that Forbes said put her on track to become the youngest self-made billionaire in the United States. Forbes compiled its 2018 list estimating pretax earnings from June 2017-June 2018, be
World News July 19, 2018
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[Graphic News] Cigarette sales down 1.6% in H1 on campaign, higher prices
Sales of cigarettes in Korea declined 1.6 percent in the first six months of the year compared to a year earlier, due to a government-led anti-smoking campaign and higher prices, data showed. Korean smokers purchased 1.68 billion 20-cigarette packs in the first half of the year, compared with the previous year’s 1.71 billion packs, according to data compiled by the Finance Ministry. Starting in January 2015, Korea increased the price of cigarettes by 80 percent, from 2,500 won ($2.20) per pack
Technology July 18, 2018
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[Graphic News] India has largest number of environmental conflicts in the world
India has the highest number of environmental conflicts in Asia and the world, mainly in the areas of nuclear, water management, biomass and land. On the other hand, Bhutan records no conflicts. Despite opposition against coal mining, hydropower projects and waste management plants, India has relentlessly pursued these projects. The country has 271conflicts. China is second in Asia in terms of the number of conflicts, which include those related to copper mining, waste incarceration, chemical
World News July 17, 2018
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[Graphic News] Japan ranked best country in Asia
According to a survey, Japan and Australia are the only Asia-Pacific countries that feature among the top 10 best countries in the world. The ranking of countries is ascribed with measuring factors like entrepreneurship, openness to business, adventure, citizenship and overall quality of life. The rankings evaluated 80 countries across 24 categories drawn from a survey of more than 21,000 global citizens measuring 75 dimensions that have the potential to drive trade, travel and investment. Ja
World News July 16, 2018
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