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Heist on Bithumb Nets Hackers Billions

Source | 2018/06/24 | Permalink

A heist on Korea's largest cryptocurrency exchange Bithumb on Wednesday netted W35 billion for the daredevil hackers (US$1=W1,107).

The incident sent investors into a panic who had trusted Bithumb's advertising pitch that its security is unmatched in the industry...More

11% of Public Servants Have Experienced Sexual Harassment

Source | 2018/06/24 | Permalink

Some 11.1 percent of public servants have experienced sexual harassment or assault over the last three years, a survey suggests.

The Ministry of Gender Equality and Family surveyed 262,000 municipal and regional public servants...More

Businesses Want More Time to Prepare for Shorter Working Week

Source | 2018/06/24 | Permalink

The Korea Employers Federation, the leading big-business lobby, has officially asked the government for six more months so member firms can adjust to the shortened 52-hour working week.

The KEF said Tuesday it asked the Labor Ministry to help resolve "systemic and realistic" difficulties being encountered by businesses as they seek to implement the measure...More

Survey Reveals Most Seniors to Come out of Retirement

Source | 2018/06/24 | Permalink

Seniors are looking to expand their horizons after retirement with hobbies like cooking or studying foreign languages, according to a recent survey of people aged 50 to 65...More

Home Sales Plummet After Curbs on Speculation

Source | 2018/06/24 | Permalink

Only 67,789 homes changed hands across the country in May, down 20 percent on-year, according to the Ministry of Land, Infrastructure and Transport on Tuesday...More

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