Most Popular
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NewJeans to terminate contract with Ador
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NewJeans terminates contract with Ador, embarks on new journey
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Korean Air gets European nod to become Northeast Asia’s largest airline
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Seoul snowfall now third heaviest on record
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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Chaos unfolds as rare November snowstorm grips Korea for 2nd day
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BOK makes surprise 2nd rate cut to boost growth
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‘VCHA, Katseye and Dear Alice are not K-pop groups,’ industry experts say
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11 injured in 53-car pileup on icy road in Wonju
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[Graphic News] South Koreans favor Japan for repeat overseas trips
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SKT launches ‘world’s first’ 5G roaming service
After South Korea became the first country to launch commercial services of the 5G wireless network in April, the country’s biggest mobile carrier has taken it a step further by working with a Swiss counterpart to launch international roaming service on the platform. SK Telecom announced Tuesday that it will launch “the world’s first” 5G roaming service with Switzerland’s biggest mobile carrier, Swisscom. Those visiting Switzerland will be able to use the se
TechnologyJuly 16, 2019
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Moon appoints new prosecutor general
President Moon Jae-in appointed Yoon Seok-youl, a reform-minded veteran prosecutor, as new prosecution chief Tuesday, his office announced. The president authorized the appointment of Yoon as prosecutor general, but Yoon's two-year tenure will begin next Thursday, one day after the term of the outgoing prosecutor general Moon Moo-il is to end, according to Cheong Wa Dae. (Yonhap)
PoliticsJuly 16, 2019
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[Newsmaker] Mitsubishi refuses to discuss compensation for wartime forced labor
The liquidation of Mitsubishi Heavy Industries’ Korean assets is likely to be expedited as it has refused to hold talks on compensation for victims of Japan’s wartime forced labor, according to sources Tuesday.A civic group working with the victims said that the Japanese firm had not responded to the victims’ request for discussions to follow up on the South Korean Supreme Court’s order that it compensate them by the Monday deadline. “Having lost the lawsuit, Mitsub
Foreign AffairsJuly 16, 2019
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S. Korea to receive applications for new internet bank in October
South Korea's financial regulator said Tuesday it will receive applications in October for a third internet bank, as it seeks to reinvigorate the nation's financial industry. The Financial Services Commission said applications will start being received Oct. 10 and an initial approval will be granted by early January next year. If things go well, a final approval will be granted by early February next year, it said. "Financing ability is one of the important standards used by an evaluation c
MarketJuly 16, 2019
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Vice minister stresses importance of Seoul-Tokyo relations for regional peace and prosperity
Vice Unification Minister Suh Ho emphasized the importance of bilateral relations between South Korea and Japan on Tuesday to ensure peace and prosperity in Northeast Asia, while expressing support for Tokyo's push for talks with North Korea. Suh made the remark at a forum in Tokyo that was held amid escalating tensions between the two neighbors after Japan's recent move to curb exports of its high-tech parts to South Korea, according to a text of his address provided by the ministry. "Rela
Foreign AffairsJuly 16, 2019
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Vice unification minister to meet Japanese official amid trade dispute
Vice Unification Minister Suh Ho will meet with a Japanese official during his three-day trip to Tokyo this week, a ministry official said Tuesday, amid escalating tensions between the two countries over Japan's export restrictions. Suh left for Japan earlier in the day to give a keynote speech at a side event of the Korea Global Forum for Peace hosted by the unification ministry."A meeting with a Japanese government official is included (in his schedule)," a ministry official said. &q
Foreign AffairsJuly 16, 2019
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Far-right party removes tents from Seoul square
A minor ultra-right party took down its protest tents at a public square in central Seoul early Tuesday just before city officials arrived there to remove them. The Our Republican Party, however, said it would return to Gwanghwamun Square soon to continue their campaign to press for a special probe into the deaths of five conservative protesters in 2017.The government of the capital city warned it would use all physical, legal and administrative means to block their illegal occupation.The party
PoliticsJuly 16, 2019
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More young people seeking public jobs, professional licenses
A growing number of young South Koreans are preparing for state exams for public jobs and professional licenses, data showed Tuesday.The data released by Statistics Korea showed that 714,000, or 15.3 percent, of 4.68 million economically inactive youths aged 15-29 prepared for state exams in May, up 2.2 percentage points from the same period last year. Among the 714,000, 30.7 percent were preparing for state exams to become low-ranking public officials, while 6.7 percent were getting ready for h
Social AffairsJuly 16, 2019
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Moon's meeting with party leaders set for Thursday
The office of President Moon Jae-in on Tuesday welcomed a rare bipartisan decision on a proposed group meeting between Moon and the heads of five major political parties.Cheong Wa Dae welcomed the bipartisan cooperation at a time when all relevant parties need to pool their wisdom on ways to cope with Japan's tougher export restrictions against South Korean firms, the office's spokesperson, Ko Min-jung, said at a press briefing. Hours earlier, the ruling Democratic Party and four opposition part
PoliticsJuly 16, 2019
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Busan launches fact-finding team over atrocities against vagrants decades ago
The Busan metropolitan government said Tuesday it has launched a commission to investigate human rights violations that took place at a vagrants' detention facility in the southeastern port city decades ago. The commission, headed by social welfare professor Nam Chan-seob, will meet and interview people who survived the alleged illegal confinement and mistreatment of inmates at the Brothers Welfare Center in the city in the 1970s and 1980s. The commission's nine-month investigation, due to
Social AffairsJuly 16, 2019
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Netflix has 1.84m users in S. Korea: data
The number of South Korean users subscribing to the US video streaming platform Netflix Inc. has nearly tripled on-year to surpass the 1.8 million mark, industry data showed Tuesday. Netflix is estimated to have 1.84 million paid active streaming subscribers as of June, compared with 630,000 users during the same period a year earlier, according to the data compiled by industry tracker WiseApp. The data showed that some 38 percent of Netflix users in the country are in their 20s, followed by
IndustryJuly 16, 2019
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Nearly half of N. Koreans suffer from undernourishment: UN report
Nearly half of North Korea's total population suffer from undernourishment, a recent UN report said as the impoverished country grapples with worsening food shortages. According to the State of Food Security and Nutrition in the World 2019 released by the Food and Agriculture Organization on Monday, the prevalence of undernourishment in North Korea's total population came to 47.8 percent from 2016 to 2018.The number is sharply up from the 2004-2006 period, where the comparable figure stood at 35
North KoreaJuly 16, 2019
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Pompeo hopes US, North Korea can be 'more creative' in nuclear talks
US Secretary of State Mike Pompeo said on Monday he hoped both North Korea and the United States could "be a little more creative" when the two sides restart talks aimed at ending Pyongyang's nuclear weapons program.Speaking in a radio interview on "The Sean Hannity Show," Pompeo did not say when the negotiations would resume. At the end of June he had said it would likely happen "sometime in July... probably in the next two or three weeks." President Donald Trump m
North KoreaJuly 16, 2019
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Workplace anti-bullying law takes effect
A new law aimed at preventing harassment in the workplace took effect in South Korea on Tuesday, bringing the widespread but overlooked issue of bullying at work into the legal domain.A revised law on labor standards, commonly called the workplace anti-bullying law, went into effect after a six-month grace period.Under the new law, workplace harassment is defined as an act of incurring physical or mental suffering or a worsening of the work environment by employers or workers using their status
Social AffairsJuly 16, 2019
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FINA President Maglione receives honorary degree from Honam University
FINA President Julio C. Maglione received an honorary doctorate degree from Honam University on Monday for his contributions to promoting world peace through the proliferation of sports.The Gwangju-based university cited Maglione’s efforts as a medical practitioner to achieve advancements in proliferation of health and welfare for humanity. An awarding ceremony was held on Monday morning at the school, attended by Maglione himself who had been visiting the city to attend the 2019 FINA Worl
PeopleJuly 15, 2019
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Iran urges Europe to take 'effective' steps to save nuclear deal
TEHRAN (AFP) -- Iran on Monday urged the European parties to the 2015 nuclear deal "to take practical, effective and responsible decisions" to save the landmark agreement."We stress that the continued voluntary and goodwill based actions by the Islamic Republic of Iran are rooted in the principle of reciprocity of rights and duties" in the nuclear deal, the foreign ministry said in a statement.On Sunday the European parties to the deal -- Britain, France a
World NewsJuly 15, 2019
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S. Korea considers lowering extra-high inheritance tax rate for top shareholders
South Korea's government and ruling party are considering a move to lower the extra-high rate levied on inheritance tax for top shareholders of big companies, a ruling party official said Monday. South Korea's top inheritance tax is set at 50 percent, but it could go up to as high as 65 percent if the rate is increased in cases that involve the largest shareholders.The ruling Democratic Party (DP) and the government have been in discussions to lower the extra-h
EconomyJuly 15, 2019
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Plaintiff in forced labor lawsuit against Japanese company dies at 90
Lee Young-sook, a South Korean victim of wartime forced labor who filed a damage suit with a Korean court against Japanese companies, has died. She was 90.Lee died of old age on Sunday, relatives of the deceased said. She was one of hundreds of Korean victims of wartime forced labor who took legal action in April, seeking compensation from Japanese firms, including Mitsubishi Heavy Industries. During World War II, hundreds of thousands of Koreans were mobilized as f
Social AffairsJuly 15, 2019
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[Graphic News] No. of Koreans with positive view of Japan falls to record low: poll
Japan’s restrictions on exports to South Korea seem to be having a significant impact on Koreans’ feelings toward Japan, a recent poll by Gallup Korea suggests. In the nationwide survey of 1,005 Korean adults, only 12 percent said they had favorable views of Japan, the lowest figure since polling on the topic began in 1991. Seventy-seven percent said they did not feel friendly toward the neighboring country, while another 10 percent refused to answer. (Yonhap)
Social AffairsJuly 15, 2019
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[Contribution] Need to make traditional liquor Korea’s representative brand
While on a plane back from an overseas trip to an exhibition on rural food, I asked without a great deal of anticipation whether the in-flight service includes Korean traditional liquor, besides wine, beer and whiskey.To my surprise, the flight attendant immediately replied that they did indeed serve traditional liquor and had canned makgeolli. The fact that Korea’s traditional liquor was available on the plane made me incredibly grateful and glad, especially as the representative of Korea
IndustryJuly 15, 2019