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Reporter : Yoon Ja-young
Tue, October 3, 2023 | 07:12
High school junior found dead after being accused of cheating
A high school junior has been found dead after pleading her innocence when a teacher accused her of cheating on an English assessment test.
Where have all the 50,000 won bills gone?
Fifty-thousand won bills, Korea's largest cash denomination, are disappearing. Many are believed to be held by individuals amid uncertainties over the economy. According to the Bank of Korea, 6.32 trillion won worth of 50,000 won ($45) notes were issued in the first quarter of this year. However, the 50,000 won bills that have been collected by the bank during the same period...
Kim Jong-un calls K-pop 'vicious cancer': report
A recent media report that North Korean leader Kim Jong-un defined K-pop as a “vicious cancer” is shedding spotlight on the regime's culture war.
Homeowners fiercely protest housing supply policy
The government's plan to build new apartments on state-owned land to stabilize housing prices is facing fierce opposition by homeowners nearby. Some of them are even trying to recall their mayors for “not doing enough to stop the plan.” As the government has succumbed to their pressure and scrapped hastily made plans, the situation is triggering fears that its creation of sup...
Snowballing tax burden weighing on future generations
While Korean households are facing low economic growth and stagnant incomes as a new normal, their tax burden has been increasing steeply due to both extraordinary government spending on pandemic countermeasures and its overall expansion of social welfare policies. Economists warn that the tax burden will only snowball for future generations even after the pandemic as the cou...
South Korea refrains from commenting on Kim Jong-un's apparent weight loss
North Korean leader Kim Jong-un appears in a news report by North Korea's KCTV on June 5. YonhapBy Yoon Ja-youngThe Ministry of Unification has refrained from commenting on a recent media report that North Korean leader Kim Jong-un appears to have lost weight ― news that sparked speculation about his health.According to Yonhap News Agency in Seoul, a ministry official told re...
Number of children with myopia increasing steeply
The number of children experiencing myopia, or nearsightedness, is increasing steeply in Korea, where the majority of the population already experience vision problems. Even if one meets someone without glasses in Korea, chances are that the person is probably wearing contact lens, or had vision-correcting surgery, such as Lasik or Lasek.
Seoul Arts Center discovers employee's crypto mining setup in basement
An employee of Seoul Arts Center has been caught mining cryptocurrency at work. According to a Seoul Arts Center (SAC) report submitted to Rep. Jeon Yong-gi of the ruling Democratic Party of Korea, an employee at the country's top arts and cultural facility in southern Seoul was found to have installed cryptocurrency mining equipment in a basement room of Seoul Calligraphy Ar...
Household debt woes deepen with looming interest rate hike
With the central bank signaling an earlier-than-expected key interest rate hike, the country's record-high household debt is emerging as a major downside risk to an economic recovery, prompting economists to call for a cautious approach in policymaking to ensure a soft landing. The country's key rate has been maintained at 0.5 percent for a year, but Bank of Korea Governor Le...
Proportion of students struggling with math soars amid pandemic
The proportion of students who are failing to solve even basic math problems steeply increased during the COVID-19 pandemic, data showed.