Korea Joongang Daily
Korea JoongAng Daily

Kospi topping 6,000 masks K-shaped divide in economy, economists warn

K-pop, K-drama and now K-shaped economic growth — Korea has joined other countries experiencing a troubling trend signaled by uneven growth in the economy.

2026-02-27

Younger homeowners hit by rising house prices, older owners benefit

Rising home prices in Korea have reduced spending and overall economic well-being for younger households while increasing wealth for older homeowners, a Bank of Korea (BOK) report showed on Thursday.

2026-02-17

AI's impact could worsen gaps between world's rich and poor, a UN report says

Behind the hoopla over the promise of AI lay difficult realities, including how such technology might affect people already disadvantaged in a data driven world.

2025-12-03

New analysis reveals impact of wage gap on marital domestic responsibilities in Korea

Husbands tend to take on more child care and housework when their wives earn higher wages, while wives bear less of the domestic burden when their husbands come home earlier from work, according to new analysis.

2025-11-24

Do as I say, not as I buy: Why Korea’s real estate policymakers are in hot water

Senior policymakers shaping Korea’s real estate policies have come under intense criticism for using the very property acquisition tactics their regulations were meant to curb.

2025-11-02

Study reveals stark gender disparities in Korea's National Pension contributions and benefits

A growing gender gap in Korea’s National Pension scheme is contributing to a high poverty rate among elderly women, according to a new study on Monday.

2025-10-21

Revenue gap between franchise headquarters, outlets further widens

South Korea's franchise headquarters saw their revenue rise while earnings at franchise outlets declined over the past two years, deepening the imbalance between franchisors and franchisees, industry data showed Friday.

2025-10-10

Still worst in the OECD, Korea's gender wage gap shrinks little by little

Korea's gender pay gap remains the largest among the 35 member states of the Organisation for Economic Cooperation and Development at 29 percent, though

2025-08-29

1 in 5 households own 91% of private land, data shows

A mere fifth of households in Korea lay claim to more than 91 percent of the country’s private land, highlighting a persistent imbalance in land ownership. Meanwhile, the bottom 50 percent of households hold just 0.8 percent.

2025-07-11

HD Hyundai hunts shipbuilding growth despite rise in global protectionism

HD Hyundai Chairman Kwon Oh-gap urged employees across the group’s heavy industry affiliates to stay vigilant as protectionist policies intensify globally, while emphasizing the need to seize the opportunity to grow the shipbuilding business.

2025-01-01