Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[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.
Market April 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 News April 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 News April 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 News April 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 News April 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 Affairs April 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 News March 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 News March 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
Industry March 29, 2023
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[Graphic News] S. Korea’s beef imports hit record high in 2022
South Korea’s imports of beef reached a record high last year on growing demand for the meat and the government’s zero-tariff scheme, data showed. The country’s beef imports came to 477,000 metric tons in 2022, the largest volume ever, compared with 453,000 tons a year earlier, according to the data from the Korea Rural Economic Institute. Beef imports have been on a constant rise in recent years, and last year’s figure marked a 60 percent growth from that in 2015, the in
Mobility March 28, 2023
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[Graphic News] List of world leaders who have visited Ukraine
Japan’s Fumio Kishida met President Volodymyr Zelenskyy in Kyiv on March 21 during a rare, unannounced visit by the Japanese leader that underscored Tokyo’s emphatic support for Ukraine in its fight against Russia’s invasion. The Japanese prime minister had been the only leader of the Group of Seven rich nations yet to visit Ukraine, which has seen an outpouring of popular support in Japan following the Russian invasion. On Feb. 20, US President Joe Biden also swept unann
World News March 24, 2023
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[Graphic News] Internet banking customers up 8.5% in 2022
The umber of customers who use internet banking in South Korea continued to grow in 2022, thanks to increased availability of online services and people’s preference to make transactions on the go, Bank of Korea data showed. Registered customers for mobile banking totaled some 207.04 million at the end of last year, up 8.5 percent from a year earlier, according to the data from the BOK. The figure includes customers who hold multiple accounts. The daily average transactions made through in
Market March 23, 2023
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[Graphic News] Hate crimes in US surged 11.6% in 2021, fueled by racial, ethnic bias
Hate crimes in the United States surged 11.6 percent in 2021, with the largest number motivated by bias against Black people, followed by crimes targeting victims for ethnicity, sexuality and religion, the FBI said in a report. The FBI said reported hate crime incidents rose to 9,065 in 2021 from 8,120 in 2020. The bureau said 64.5 percent of hate crime victims in 2021 were targeted because of their race, ethnicity or ancestry bias, while 15.9 percent were targeted because of sexual-orientation
World News March 22, 2023
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[Graphic News] Number of corporate M&As in S. Korea down 7.7% in 2022
Mergers and acquisitions by South Korean firms decreased 7.7 percent in 2022 from a year earlier amid economic uncertainties, data showed. The number of mergers came to 1,027 cases last year, down from 1,113 cases tallied in 2021, according to the Fair Trade Commission. They were valued at 325.5 trillion won ($245.9 billion), down 6.7 percent over the period. It marked the first time since 2016 for the number of M&As to decrease on-year. The figure, meanwhile, still hovered above 1,000 for t
Companies March 21, 2023
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[Graphic News] US banks collapses since 2000
The demise of the 16th-largest bank in the US, Silicon Valley Bank, on March 10, followed by that of Signature Bank two days later, sent global banking stocks on a roller-coaster ride as investors feared another Lehman Brothers moment, the Wall Street giant whose failure triggered the global financial crisis more than a decade ago. Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, a
World Business March 20, 2023
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