Economic leaders vow reform, growth for 2016

The nation’s economic leaders kicked off the new year by expressing determination in creating structural reforms and securing growth potentials. Choi Kyung-hwan, the outgoing deputy...

Auto industry’s 2015 was mixed

2015 was good for Korea’s auto industry, with domestic sales hitting a record. But the year saw its share of troubles as well. Domestic sales...

How Much Does it Really Cost to Get Married in Los Angeles?

  It costs to say "I do" in Los Angeles. Wedding prices have hiked up 4% since last year, honeymoon not included. According to the...

Youth unemployment hits all-time high in 2015

Korea’s youth unemployment rate hit an all-time high in 2015. According to a monthly employment report by Statists Korea on Wednesday, the unemployment rate for...

GDP in Gyeonggi surpasses Seoul

Gyeonggi last year overtook Seoul in terms of regional economy for the first time since 1998, when the government started gathering data. According to Statistics...

Birthrate czar describes Japan’s approach

Japan was one of the first countries to confront an aging population and a declining birth rate. In 1989, Japan’s fertility rate fell to 1.57,...

When one job just isn’t secure enough

Mr. Lee, a manager at a major construction company in Seoul, works seven days a week. His company job keeps him busy on weekdays....

Craze for Mega Millions as Jackpot Hits $540 Million

Mega Millions, one of the most well-known lottery games in the United States, has reached its jackpot to be $540 million. With the hope...

IMF’s Lagarde Expressed Worries about South Korea’s Glass Ceiling

  The International Monetary Fund’s Managing Director Christine Lagarde commented that South Korean society is going toward a “collective suicide,” according to IMF’s Asia and...

US Ships More than 1 Million Eggs to South Korea

  U.S. will export shell eggs to South Korea next week. It is the first time in history that South Korea imports eggs from a...
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