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] Global EV battery market to grow fivefold to $616b in 2035
The global electric vehicle battery market is forecast to post rapid growth to $616 billion in 2035, a market tracker said, with the China-based production likely to sharply shrink amid the EV-related policy revamps in the United States and Europe. The projection marks a fivefold increase from $121 billion estimated for this year, according to a report by SNE Research, a Seoul-based energy market tracker. Demand for EV battery production is expected to reach 5.3 terawatt-hours globally in 2035,
IndustryMay 3, 2023
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[Graphic News] About 60% of young people say unification with North Korea unnecessary
About 60 percent of South Koreans in their 20s and 30s said unification with North Korea is not necessary, a survey showed, amid the ongoing impasse in inter-Korean relations and denuclearization talks. The survey, commissioned by a civic media group called Barun Media Citizen Action, found that 61 percent of people in their 20s and 30s say Korean reunification is “not absolutely necessary.” In comparison, 24 percent of them say unification with North Korea is “absolutely neces
North KoreaMay 2, 2023
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[Graphic News] Jajangmyeon price soars 60 times over 5 decades
The price for a bowl of jajangmyeon, or noodles in black bean sauce, has soared more than 60 times to 6,361 won ($5) over the past five decades, according to market tracker Korea Price Information. A bowl of jajangmyeon was 100 won in 1970 when the KPI began its first survey, but it had risen to around 2,500 won in 2000. Over the last five years alone, the price has jumped 26.9 percent largely due to growing ingredient prices. The prices of flour, cooking oil, onions and cucumbers used in jajang
ConsumerMay 1, 2023
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[Graphic News] Nearly half of one-person households ‘poor’: report
Nearly half of single-member households are considered poor, and it is nearly 3 in 4 for senior citizens living alone, a report showed. The relative poverty rate of one-person households came to 47.2 percent in 2020, compared to 15.3 percent for all households, according to the report from the Korea Institute for Health and Social Affairs. The rate refers to the percentage of people with income below 50 percent of the median income. The figure for single-person households, however, has been decl
Social AffairsApril 27, 2023
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[Graphic News] Global PC shipments plunge 29% in rough economy
Shipments of Apple Macs plunged during the first quarter of this year as the global personal computer market suffered due to tough economic conditions, a market research report said. Weak demand, excess inventory and a worsening macroeconomic climate contributed to a “precipitous drop in shipments of traditional PCs” in the first three months of this year, according to the report from IDC. PC shipments globally tallied 56.9 million, some 29 percent less than the same period a year ea
World BusinessApril 26, 2023
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[Graphic News] India’s population to overtake China
India is poised to overtake China as the world’s most populous nation, with almost 3 million more people than its neighbor by the middle of this year, data released by the United Nations showed. India’s population by mid-year is estimated at 1.4286 billion, against 1.4257 billion for China - 2.9 million fewer - in the United Nations Population Fund’s “State of World Population Report” for this year. The United States is a distant third, with an estimated population
World NewsApril 25, 2023
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[Graphic News] K-pop generates 8 of world’s 10 most-sold albums in 2022
Eight of the top 10 bestselling albums worldwide last year were K-pop albums, a global album sales chart showed. According to the Global Album Sales Chart 2022 released by the International Federation of the Phonographic Industry, an organization that represents the interests of the recording industry worldwide, albums by K-pop acts swept eight of the top 10 positions on the chart. The IFPI Global Album Sales Chart ranks the biggest albums of the year based on the number of units sold across all
K-popApril 21, 2023
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[Graphic News] Ukraine’s GDP fell 29.1% in 2022 during Russia’s invasion
Ukraine’s gross domestic product fell by 29.1 percent in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said. The final 2022 GDP figure was slightly better than the 30 percent drop previously forecast by the government. Russia’s economy contracted by 2.1 percent last year, shrinking less than expected despite sanctions imposed by European nations and the United States. Moscow’s February 2022 invasion has killed tens of thousands, u
World BusinessApril 20, 2023
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[Graphic News] Over 400 human rights activists murdered in 2022
A total of 401 human rights activists were killed in 2022, and about half of the killings took place in Colombia, according to the Guardian. The UK daily quoted Front Line Defenders, a human rights group, and said Colombia’s 186 killings were followed by Ukraine (50), Mexico (45), Brazil (26) and Honduras (17) in that order. The figure of 401 deaths across 26 countries in 2022 was a jump from 358 deaths in 30 countries the previous year. Colombia saw more than three times the number of suc
World NewsApril 19, 2023
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[Graphic News] 441 wildfires in Korea so far this year
The number of large and small forest fires in Korea has increased every year over the past decade. On April 11, A massive wildfire hit the northeastern coastal city of Gangneung, Gangwon Province, destroying about 70 homes and buildings, and burning woodland the size of 530 soccer fields. President Yoon Suk Yeol designated Gangneung a special disaster zone on April 12 after the eastern coastal city was ravaged. According to the Korea Forest Service, 441 forest fires have occurred nationwide this
Social AffairsApril 18, 2023
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[Graphic News] Smartphone sales slide
Sales of smartphones in South Korea fell 6 percent last year from a year earlier, industry data showed. Samsung Electronics, the world’s leading smartphone maker, saw its smartphone sales decline 2 percent on-year in its home country in 2022, while sales of Apple’s iPhone inched down 0.4 percent from a year ago, market analyst firm Counterpoint Research said. Sales of others tumbled 71 percent on-year last year due to a base effect stemming from LG Electronics’ exit from the mo
ConsumerApril 17, 2023
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[Graphic News] Gold bar sales at all-time high
Investors are buying more gold as prices rise to an all-time high. According to the banking industry, gold bars sold at KB Kookmin, Hana, Woori and NH Nonghyup from April 3-6 stood at 2.49 billion won ($1.89 million). Gold bar sales at the four major banks increased from 1.98 billion won in January to 3.29 billion won in February and 3.95 billion won in March. Gold prices have risen as investors kept an eye on safe assets due to instability in global financial markets.
MarketApril 14, 2023
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[Graphic News] Russia’s murder rate rises for first time in 20 years
The rates of murder and attempted murder in Russia increased last year for the first time in 20 years in what some analysts suggest is a knock-on effect of the country’s ongoing invasion of Ukraine, according to the Russian daily newspaper Kommersant. The number of murders and attempted murder cases in Russia in 2022 was 7,628, up 4 percent from 7,332 in the previous year. The data showed a significant rise in murder rates in the Russian regions that border Ukraine. The number of c
World NewsApril 13, 2023
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[Graphic News] Nearly 70% of Americans are ‘afraid’ of self-driving cars: survey
Despite recent advancements in autonomous vehicle technology, Americans are growing increasingly wary of the safety of self-driving cars. AAA released the results of its annual automated vehicle survey, finding that nearly 70 percent of respondents were afraid of self-driving cars, while less than 10 percent fully trusted them. These numbers represent a significant shift from last year’s survey results, with the number of respondents fearful of self-driving cars spiking by 13 percentage po
World NewsApril 12, 2023
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[Graphic News] Americans divided over criminal charges against Trump
The prosecution of former President Donald Trump has evenly divided Americans but appears to have boosted his chances of winning the Republican nomination for the 2024 election, according to a recent Reuters/Ipsos poll. The poll was conducted between April 5-6, following the indictment of Trump by prosecutors in New York City on 34 felony counts of falsifying business records. The survey found that 49 percent of all Americans think it was right for prosecutors to pursue the indictment, the first
World NewsApril 11, 2023
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[Graphic News] Lahore is most polluted city, Chad worst among countries: survey
Lahore in Pakistan jumped more than 10 places to become the city with the worst air quality in the world in 2022, according to an annual global survey by a Swiss air purifier manufacturer. The report published by IQAir also said that Chad in central Africa had replaced Bangladesh as the country with the most polluted air last year. IQAir measures air quality levels based on the concentration of lung-damaging airborne particles known as PM2.5. Its annual survey is widely cited by researchers and
World NewsApril 10, 2023
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[Graphic News] Young workers’ debt levels soar in 2021
Debt held by South Korean salaried workers in their 20s jumped 15 percent on-year in 2021, much higher than the 7 percent growth on average for all salaried workers, data showed. Bank and nonbank loans extended to salaried workers in the country averaged 52.02 million won ($40,107) per person as of the end of 2021, up by 3.4 million won from a year earlier, according to the data from Statistics Korea. It is the first time that salaried workers’ per capita debt surpassed 50 million won sinc
Social AffairsApril 3, 2023
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[Graphic News] French bulldog is favorite dog breed in US
The American Kennel Club said registration data from 2022 revealed French bulldogs are now the most popular variety of purebred dogs in the US, ending the Labrador retriever’s 31-year reign. The AKC said Labrador retrievers have topped its yearly list of the most popular dog breeds in the United States for 31 consecutive years, but French bulldogs clinched the top spot for the first time. French bulldogs were the second most popular breed in 2021, and Labrador retrievers were booted down t
World NewsMarch 31, 2023
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[Graphic News] Major school shootings in US
A 28-year-old woman shot dead three children and three adults at a private Christian school in Nashville, Tennessee, on Monday, before police killed her. The incident is one of the latest mass shootings at US schools. In January, a first grader shot and killed his teacher in Virginia, and on March 22, two school administrators were shot dead during a Denver high school shooting.
World NewsMarch 30, 2023
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[Graphic News] Auto exports hit record high in February
South Korea’s car exports jumped nearly 50 percent in February on-year to reach an all-time high on the back of solid demand for eco-friendly cars. The value of outbound shipments of automobiles came to $5.59 billion last month, up 47.1 percent from a year earlier, according to the data from the Ministry of Trade, Industry and Energy. It is the highest monthly figure, with the previous record being set in December last year when exports stood at $5.42 billion. In terms of volume, exports s
IndustryMarch 29, 2023