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Reporter : Yoon Ja-young
Sun, December 5, 2021 | 11:36
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.
Former Japanese PM says US sees Dokdo as Korean territory
While Tokyo's inclusion of Dokdo on its summer Olympics map as Japan's territory is deepening the rift between Korea and Japan, former Japanese Prime Minister Yukio Hatoyama pointed out on Twitter that the United States recognizes Dokdo as part of Korea's territory.
Boy, 13, found dead after blackmail threats
A 13-year-old boy was found dead following an apparent blackmail threat connected to webcam phishing. According to the Incheon Metropolitan Police on May 31, the middle school student was found dead in a flowerbed of an apartment complex in Incheon at the base of a 19-story building.
Criminals using cryptocurrency for Ponzi style fraud
Amid the virtual currency investment boom in Korea, cryptocurrency-related fraud cases have been increasing. The scammers, in many cases, lure investors with the promise of huge returns once their coins are listed on the exchange, but then disappear with the money, in a type of Ponzi scheme.
Gov't to change expiration date label rule to decrease food waste
What would you do if you found out that a few days had passed from the expiration date printed on a milk package you purchased? Some people would probably just dump the milk, thinking it has already gone bad. Experts, however, say unopened milk that has been in the refrigerator would be just fine - even after a month in most cases. The government is thus planning to overhaul ...
350-won ice cream to disappear from convenience stores
Convenience stores have long been selling ice cream products at prices as low as 350 won (31 cents) to attract consumers, but soon they will disappear from the freezers. Due to backlash from wholesalers who control over half of the ice cream product distribution in the market, convenience stores will scrap the low-price promotions.
Koreans rank 2nd in Asia on TOEIC scores
Koreans ranked second in Asia last year in terms of TOEIC scores, with only Filipinos doing better than them in the English capability test. According to the Korea TOEIC Committee, Koreans scored on average 683 points - on a scale of 10 to 990 - in last year's TOEIC, which is five points higher than the previous year. TOEIC, or Test of English for International Communication,...
Illicit drugs detected in wastewater
Illicit drugs, including methamphetamine, were detected in wastewater nationwide, implying that they may be in wider use than previously thought. The estimated per capita consumption, however, is still far lower than the figures in Australia or the EU, which have been monitoring their wastewater since a few years ago.
'Super blood moon' eclipse to embellish sky
There will be a rare event in the sky Wednesday night (KST), in which a large “supermoon” will undergo a total lunar eclipse and appear red. According to the Korea Astronomy and Space Science Institute, people here will see the biggest full moon of this year. As the full moon coincides with it being at its closest to the Earth, around 357,000 kilometers away, it will appear l...
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