Self-Employed a Drain on Korea's Economy
Self-employed retirees are nibbling away at the growth potential of the Korean economy. The sector has been burgeoning as many retirees are unable to live on their savings and investments.
Countries Around the World to Shut Down N.Korean Banks
Half of Workers Feel Threatened by Artificial Intelligence
Daewoo Shipbuilding Finds Few Takers for Voluntary Layoff
Korea to Host 1st PGA Tour Event Next Year
Lotte Ranks 3rd in Global Duty-Free Sales
Young Jobseekers Embrace Seoul's Free Suit Rental
Statues in China Honor Sex Slavery Victims
Activists have set up two statues in Shanghai commemorating women forced into sexual slavery by the Imperial Japanese Army in World War II. The statues represent a Korean and a Chinese woman and are the first such monuments in China.
Another N.Korean Missile Launch Flops
North Korea botched the launch of another mid-range missile on Thursday, five days after the last one blew up shortly after lift-off. The launch came around 7 a.m. Thursday, shortly after the foreign and defense ministers of South Korea and the U.S. met in Washington.
Average Korean CEOs Is Weeks Short of Retirement Age
The average CEO of the nation's top businesses is still getting older and is now just a few weeks short of retirement age. According New Management magazine, the average age of CEOs at the top 100 companies stood at 59.9 years last year, up from 57 in 2007.