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An Apartment Cheaper Than a Chanel Bag? Korea’s Housing Polarization Hits Record High
Korea’s Housing Market Shows Record-Level Polarization SEOUL — South Korea’s housing market is showing unprecedented polarization, with apartment prices ranging from levels lower than luxury handbags to tens of billions of won, according to official transaction data. An apartment complex in Yakmok-myeon, Chilgok County, North Gyeongsang Province, recorded the lowest home sale price nationwide, government data showed. According to the Ministry of Land, Infrastructure and Trans
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Blinding Snowstorm to Hit South Korea This Weekend, With Up to 5cm an Hour
South Korea is expected to experience heavy snowfall and rain nationwide this weekend, with snow falling at rates strong enough to significantly reduce visibility and disrupt transportation, the Korea Meteorological Administration (KMA) said on Thursday. According to the KMA’s regular briefing on January 8, a series of strong cold air masses, with temperatures dropping below minus 35 degrees Celsius in the upper atmosphere, will move southward from Saturday through Sunday. Th
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2 min read


Obesity Drugs Surpass Cancer Immunotherapy to Become the World’s Top-Selling Medicines
Global sales of obesity treatments have surpassed those of the world’s leading cancer immunotherapy, according to industry estimates, marking a notable shift in the pharmaceutical market. According to a report released on January 8 by Eugene Investment & Securities, citing Bloomberg consensus data, the global obesity drug market recorded approximately USD 30 billion (around KRW 44 trillion) in sales last year, reaching this level for the first time. The report estimates that
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2 min read
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