SEOUL, The North Korean economy shrank for the third year in a row in 2022 amid international sanctions and the prolonged COVID-19 pandemic, data showed Wednesday.The North’s real gross domestic product (GDP) inched down 0.2 percent on-year last year,…
SEOUL, Police have nabbed 1,620 individuals for illegally pocketing state subsidies worth 137.2 billion won (US$105.6 million) in total during a six-month special crackdown this year, officials said Wednesday.The offenders, accounting for a total of 4…
SEOUL, Jayden Kim, a South Korean-born, Australian-based son of a longtime major league scout, has signed with the Pittsburgh Pirates.The Pirates signed the 17-year-old shortstop prospect to a minor league deal last Thursday. Kim’s father, David Kim, …
SEOUL, Middle-aged South Korean people earned 1.5 times more than their younger counterparts last year, and they took out a larger amount of loans to buy homes and for other purposes, data showed Wednesday.The average annual earnings of people aged 40…
SEOUL, A skating rink will open at the Seoul Plaza this week, the Seoul city government said Wednesday.The rink, which will be open through Feb. 11, will operate from 10 a.m. through 9:30 p.m. on Sundays through Thursdays, and it will extend the opera…
SEOUL, The number of South Korean workers who took parental leave rose by the most in 11 years in 2022 and a record level of nearly 30 percent of workers taking such leave were fathers, data showed Wednesday.A total of 199,976 workers took time off to…
