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WorldNews
[Graphic News] Elon Musk tops superbillionaires list

According to recent data from Altrata, the global billionaire population has shifted with the rise of “superbillionaires” — individuals whose net worth exceeds $50 billion. The top of the list is dominated by tech moguls, with Elon Musk and Jeff Bezos holding the first two spots. Other sectors, such as fashion, manufacturing and telecommunications, are also represented in the group of 24. These exceptional wealthholders now make up a significant portion of global billionaire wealth. In early Feb
March 11, 2025 - 08:00:03
Industry
[Graphic News] S. Korea’s auto parts exports to US hit record high in 2024

South Korea’s exports of auto parts to the United States hit a record high last year, data showed, as experts weigh the potential impact of incoming auto tariffs from the United States. Exports of automotive parts to the US totaled $8.22 billion in 2024, up from $8.08 billion the previous year, according to data compiled by the Korea Auto Industries Cooperative Association. The figure has been on a steady increase from $6.91 billion in 2021 and $8.03 billion in 2022. In 2024, shipments to the US
March 10, 2025 - 08:00:00
WorldNews
[Graphic News] Apple tops most admired firms list for 18th year

Apple has maintained its position as the most admired company in the world for the 18th year running, according to Fortune’s annual ranking. Based on a survey of over 3,000 executives, directors and analysts, the list highlights the world’s most respected firms. Microsoft and Amazon keep hold of their second and third positions, respectively, for a sixth consecutive year. Nvidia, at fourth place, continues to rise thanks to its role in advancing artificial intelligence. Meanwhile, Alphabet, Goog
March 6, 2025 - 08:00:00
Politics
[Graphic News] Nearly 60% support Yoon Suk Yeol’s impeachment: poll

Nearly 6 out of 10 South Koreans support impeaching suspended President Yoon Suk Yeol over his Dec. 3 botched martial law declaration, a survey showed, as the Constitutional Court began deliberations to decide whether to uphold his impeachment or reinstate him. According to the survey conducted by Gallup of 1,000 adults aged over 18 Feb. 25-27, 59 percent said they supported Yoon’s impeachment, down 1 percentage point from a week earlier. Thirty-five percent said they were against Yoon’s impeach
March 5, 2025 - 08:00:04
Social Affairs
[Graphic News] Generative AI most desired new subscription service among 20s, 30s: poll

Generative artificial intelligence has emerged as the most desired product in the category of new subscription services among consumers in their 20s and 30s, a poll showed. According to the survey conducted recently on 1,000 adults by market research firm Macromill Embrain, 94.8 percent of respondents said they have used software subscription services. The survey, commissioned by the Korea Chamber of Commerce and Industry, showed that among respondents in their 20s, the most desired new subscrip
Feb. 27, 2025 - 08:00:00
Soccer
[Graphic News] Son Heung-min joins 70-70 club

The English Premier League has seen only a select few players achieve the remarkable milestone of 70 goals and 70 assists in their careers. Recently, Tottenham Hotspur’s South Korean captain Son Heung-min became the 11th player to join the prestigious 70-70 club. This achievement underscores not only Son’s goal-scoring prowess but also his exceptional playmaking skills, highlighting his all-around impact on the pitch. As of Sunday, following a performance where he recorded two assists, the 33-ye
Feb. 26, 2025 - 08:00:00
WorldNews
[Graphic News] South Korea ranks 5th in global military strength

South Korea’s military strength ranks fifth in the world, maintaining its position from the previous year, according to a recent report. Global Firepower, a military assessment group, released its annual ranking with the United States at the top, holding a Power Index score of 0.0744, followed by Russia, China and India. A lower Power Index score indicates stronger military power. South Korea scored 0.1656 on the scale, securing fifth place. The country first entered the top 10 in 2011, ranking
Feb. 25, 2025 - 10:30:19
WorldNews
[Graphic News] Ukraine marks third year of war

On Feb. 24, 2025, Ukraine marks the 3 years since Russia's invasion. The war has caused immense loss and destruction, with Ukraine’s forces holding strong despite ongoing Russian attacks. While peace talks continue, no resolution has been reached, and the conflict rages on. The humanitarian toll grows and economic instability deepens, leaving Ukraine’s future uncertain.
Feb. 24, 2025 - 08:00:00
Soccer
[Graphic News] Man City leads January transfer spending

According to statistics from TransferMarkt and BBC, Manchester City spent nearly $223 million in the January transfer window — almost matching the combined expenditure of the other 19 Premier League clubs. Out of the approximately $459 million spent by English Premier League teams in total, City’s spending ranked as the second-highest in history. Chelsea holds the record with a staggering $341 million spent in 2023. City’s $223 million outlay is the club’s highest since the summer of 2017, when
Feb. 20, 2025 - 08:00:00
WorldNews
[Graphic News] 57% of global citizens expect worse economic future for children

A recent study reveals that people around the world are generally pessimistic about the future economic situation. The Pew Research Center conducted a survey in 36 countries, asking respondents whether they think their children will be better or worse off than themselves. A median of 57 percent of adults across the countries polled believe the next generation will face financial hardship. This pessimism is particularly strong in wealthier nations, with 81 percent of French respondents predicting
Feb. 19, 2025 - 16:55:20
Market
[Graphic News] Rice cake exports hit fresh high in 2024

South Korea’s exports of traditional rice cakes reached a fresh high in 2024, data showed, driven by the growing popularity of Korean food around the globe. Outbound shipments of rice cakes reached $91.4 million in 2024, up 17.5 percent from a year earlier, according to data compiled by the Ministry of Agriculture, Food and Rural Affairs. The latest figure marks a sharp increase from $34.3 million recorded in 2019. By destination, exports to the United States amounted to $34 million, followed by
Feb. 18, 2025 - 08:00:00
Baseball
[Graphic News] MLB player salaries reach all-time high

The average salary for Major League Baseball players hit a record high of $4.66 million for the 2024 season. According to the MLB Players Association, the average player salary for 2024 was $4,655,366, marking a 2.9 percent increase from the average of $4,525,719 in 2023. Amid the COVID-19 pandemic, MLB eventually shortened the 2020 season to 60 games, correspondingly prorating salaries at about 37 percent. In 2021, the average salary fell further on a full-year basis to $3,679,335. However, the
Feb. 17, 2025 - 08:00:00
More sports
[Graphic News] Speedskaters with the most medals at the Winter Asian Games

As South Korea wraps up the Winter Asiad speedskating with 12 medals, “living legend” Lee Seung-hoon has set a new record for the most Winter Asian Games medals by a South Korean athlete. On Tuesday, Lee, along with Chung Jae-won and Park Sang-eon, claimed the silver in the men’s team pursuit at the 2025 Asian Games in Harbin, China. They finished in 3:47.99, second to China’s time of 3:45.94. Lee now has a total of 7 gold and 2 silver medals. Choi Min-jung, who participated in this year’s event
Feb. 14, 2025 - 08:00:00
Social Affairs
[Graphic News] Korean monthly spending on pets rises

South Koreans are now spending an average of 140,000 won ($96) per month on their pets. According to the “2024 National Consciousness Survey on Animal Welfare” released by the Ministry of Agriculture, Food and Rural Affairs, the cost of raising a pet has risen to an average of 142,000 won per month, a significant increase from 16,000 won the previous year. The cost of raising a dog was the highest, averaging 175,000 won per month. Other animals had lower costs: Cats averaged 130,000 won, birds 5
Feb. 13, 2025 - 08:00:00
World Business
[Graphic News] Traditional medicine gains traction globally

With South Korea’s aging population and the rising prevalence of chronic diseases, traditional Korean medicine is emerging as a promising export, according to a report by the Korea International Trade Association. The report projects that the global traditional medicine market will grow from $518.6 billion in 2022 to $768.2 billion by 2027, with an average annual growth rate of 8.2 percent. It also highlights that the World Health Organization (WHO) is actively encouraging the use of traditional
Feb. 12, 2025 - 08:00:00