[Graphic News] Korean carmakers’ slice of pie continues to shrink

Domestic carmakers’ local market share continued to contract in the face of foreign brands’ aggressive marketing, according to data released on Saturday by the Korea Automobile Manufacturers Associ...

Updated : 2013.06.02 20:45

[Graphic News] OECD cuts 2013 growth outlooks for Korea, world

The Organization for Economic Cooperation and Development revised down its economic growth outlooks for Korea and the world for this and next year, citing lingering uncertainties over the global econ...

Updated : 2013.05.30 20:24

[Graphic News] Only 12 of 23 reactors in operation

Korea currently has 23 nuclear reactors nationwide, generating 30 percent of the nation’s total electricity consumption. According to the Korea Hydro & Nuclear Power, only 12 out of the 23 reactors...

Updated : 2013.05.29 20:33

[Graphic News] Korea on alert over widening income gap

Korea saw its income inequality surpass the average of OECD members, raising concerns over the widening economic disparity between the rich and poor. Korea’s top 10 percent group earned 10.5 times ...

Updated : 2013.05.28 20:19

[Graphic News] SNU tops energy use in Seoul

Seoul National University was the most energy-hungry building in Seoul, a report showed Sunday. From 2011 to 2012, the university devoured 4,403 tons of oil equivalent, surpassing major hospitals, d...

Updated : 2013.05.27 20:04

[Graphic News] Seoul plans to purchase U.S. weapons worth $800 million

Seoul has notified Washington of its intention to purchase weapons systems worth $800 million to be mounted on its new fleet of warplanes should a U.S. fighter be picked for its 8.3-trillion-won ($7....

Updated : 2013.05.26 20:52

[Graphic News] Tax havens under spotlight

Tax havens are drawing media limelight after a journalist group disclosed 245 Korean businessmen and their families suspected of evading taxes by running paper companies in countries or territories t...

Updated : 2013.05.23 20:25

[Graphic News] Samsung’s brand value soars

Samsung was named one of the 100 most valuable global brands for 2013, a survey has shown. According to the list of the Top 100 Most Valuable Global Brands for 2013 released by Millward Brown, a glo...

Updated : 2013.05.22 20:56

[Graphic News] Malicious code spreads in Korea

South Korea has the third-highest cases of computer malware detected on computers in the world after the United States and Brazil, data showed. According to a Microsoft Security Intelligence Report,...

Updated : 2013.05.21 20:23

[Graphic News] Korea’s shift toward service industries stalls

South Korea’s service industries, such as culture, entertainment, social welfare, health care, education and finance, have failed to grow in importance over the past few years. According to researc...

Updated : 2013.05.20 21:18

[Graphic News] Magnitude 4.9 quake occurs near Baengnyeongdo Island

A magnitude 4.9 quake occurred near waters off of Baengnyeongdo Island in the Yellow Sea, marking the eighth time in a week that a tremor was reported in South Korea, the Korea Meteorological Adminis...

Updated : 2013.05.19 21:19

[Graphic News] Korea, China, Japan become permanent observers to Arctic Council

Arctic states Wednesday accepted South Korea, China, Japan, India, Italy and Singapore as permanent observers to the Arctic Council. They are joining the existing group of the United Kingdom, France...

Updated : 2013.05.16 21:03

[Graphic News] Household debt grows to W1,100tr

Korea’s household debt has increased by 52 trillion won in just a year, according to a government figure, ringing alarm bells about the nation’s economy. The Financial Supervisory Service revealed...

Updated : 2013.05.15 20:55

[Graphic News] Weak yen hits Korean exports

The weak yen has led to an average 5 percent decrease in the price of Japanese export products, dealing a blow to their Korean rivals’ competitiveness, data showed on Tuesday. According to reports ...

Updated : 2013.05.14 20:35

[Graphic News] Chaebol owners dominate in dividends

The number of people in Korea who earned more than 10 billion won in dividends last year was 19, data showed. Most of them were chiefs of the nation’s top conglomerates and their family members. Th...

Updated : 2013.05.13 21:00