South Korea's younger generation is likely to receive less than what they paid for public benefits, a report showed Monday, highlighting the government's demographic headache of balancing its fiscal policy as rapid aging stokes welfare spending.People in their 20s and 30s during their lifetime will spend 100 million won (US$97,561) more than the value of government benefits they will actually receive, according to a working paper co-authored by Bank of Korea economists Kim Myoung-chul, Im Seongy

North Korean leader Kim Jong-un called for the succession of war spirit as he visited a national cemetery in Pyongyang on Sunday to mark the end of the Korean War six decades ago, according to the country's state news agency.Kim paid tribute to fallen soldiers at the Fatherland Liberation War Martyrs Cemetery on the occasion of the 61st anniversary of the 1953 armistice that ended the three-year conflict, the North's Korean Central News Agency (KCNA) said in a Monday report.The cemetery, establi

South Korea's tech giant Samsung Electronics Co. is the most popular smartphone brand in a handful of emerging markets, a survey showed Monday, outdoing rivals at home and abroad such as Apple Inc. of the United States and local competitor LG Electronics Inc.In the poll conducted by Credit Suisse Research Institute on 15,873 users from nine emerging countries -- Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa and Turkey -- around 30 percent responded that given the ch

The global number of smartphone users is expected to reach 2.5 billion by the end of 2015, research showed Monday, as more tech players are releasing low-end models to appeal to wider markets.Around 34.7 percent of the world's 7.2 billion population estimated for 2015 will use smartphones, an industry tracker Strategy Analytics's report showed, which had said the number surpassed the 1-billion mark in 2012.Industry watchers attributed the rising number to the expansion of low-end smartphones rel

Foreigners consider South Korea as a country with cutting-edge technology, but only a small portion of them are aware of Korean pop culture, known as hallyu, a survey showed Friday.According to the survey, the respondents most frequently come up with technology after being asked to present the word that first pops up in their mind when thinking of South Korea. The name of the leading mobile phone maker, Samsung, came in second, followed by war and Psy, a South Korean rapper whose dance music vid