1 in 2 Koreans bought lottery tickets in 2015

One out of two Koreans have bought a lottery ticket in the past year, a survey by a government agency showed Wednesday. The Korea Lottery...

Asian markets tumble in 2016

The Asian market, as well as Seoul’s main bourse, was heavily shaken on the first trading day of 2016, raising concerns that the global...

US Airlines Are Upgrading Entertainment and Food Services

Customer services in the air are going through an evolution. Many airlines are increasing their in-flight free services and their general service quality is...

Natural gas to play bigger role in future

The Korean government has decided to expand the use of natural gas to lower the nation’s dependence on crude imports and realize the carbon...

U.S. Formally Asks for Changes to FTA

The Office of the United States Trade Representative sent a letter to the Korean government on Wednesday local time calling for a Joint Committee...

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...

Korean Characters Leading New Korean Wave

On November 11, which is the day people in China celebrate being singles by shopping offline and online, Alibaba’s shopping site T-mall went busy...

Save $68 Each Day to Buy a Home in Los Angeles

According to a research, you have to save 68 dollars each day for five years in order to buy a house in LA. Realtor.com conducted...

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...

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...

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