Koreans Can't Save Up for Long Old Age
As Korean society ages, more elderly people fall into poverty simply because their retirement savings cannot last for the decades they still have to live. Statistics Korea data show that the average life expectancy of Korean men aged 60 rose from 75.6 in 1990 to 82.4 in 2014.
China's Trade with N.Korea Surges in August
Gyeongbok Palace Night Tours Attract Ticket Touts
Setback for Korea as Homegrown Chopper Fails Safety Test
U.S. Senate Approves Korean War Wall of Remembrance
IKEA Pulls 15 More Unsafe Dressers from Korean Store
AJ Rent-a-Car to Open Branch in Los Angeles Next Month
NATIONAL/POLITICS
Seoul Sees Most Sex Crimes But Fewest Arrests
Seoul has the most sex crimes in the country and the lowest arrest rate. According to data from the National Police Agency on Thursday, the capital had the most sex crimes at 43,464, followed by surrounding Gyeonggi Province with 32,854.
NORTH KOREA
N.Korea Readying Site for More Nuclear Tests
North Korea has covered the entrances to two tunnels at its remote nuclear test site, fanning speculation that it may be about to detonate another nuclear bomb. Camouflaged covers over tunnels are considered clear signs of an impending test.
BUSINESS
W50 Billion from KDB to Help Hanjin with Cargo Backlog
Korea Development Bank is to pump another W50 billion into bankrupt Hanjin Shipping to deal with the cargo backlog in major ports around the world. State-run KDB said Thursday it will provide W50 billion in emergency loans to Hanjin.