August 8, 2024

(EDITORIAL from Korea JoongAng Daily on Aug. 8)

The number of people who killed themselves in Korea reached 6,375 as of May, a whopping 10.1 percent increase from the same period last year. The country already infamous for having the highest suicide rate among OECD members took a step closer to th…

(EDITORIAL from Korea Times on Aug. 8)

Amid Korea’s declining birthrate and aging population, 100 caregivers from the Philippines arrived in Seoul for a six-month pilot program to commence next month. If the program proves successful, the government plans to expand the initiative to 1,200…

Seoul shares end two-day rise after global sell-off

South Korean stocks ended a two-day rebound after the global crash as investor sentiment was dampened by lingering U.S. recession woes and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. dollar.

The benc…

(EDITORIAL from Korea Herald on Aug. 8)

One hundred Filipina child care workers entered the country Tuesday to participate in the pilot foreign caregiver program pushed jointly by the Seoul Metropolitan Government and the Ministry of Employment and Labor.

They are scheduled to provide chi…

Nexon’s Q2 net profit jumps 63 pct on strong sales

South Korea’s leading online gaming firm Nexon Co. said Thursday its net profit soared 63 percent in the second quarter from a year earlier on robust sales of its franchise games.

Its net profit came to 350.4 billion won (US$254.6 million) for the A…