Most Popular
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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[Exclusive] Democratic Party of Korea forms US election task force
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Man arrested 16 years after murdering girlfriend, hiding body in cement
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Evicted guest burns down inn; 3 killed
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NK nuclear test 'possible' around US election in Nov., says Yoon aide
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[Grace Kao] NewJeans fights Hybe for their survival
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[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
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Samsung Electronics to invest $448.2 mln in China's BYD:
Samsung Electronics Co., the world's biggest maker of smartphones, will invest 3 billion yuan ($448.2 million) in a Chinese electric carmaker, BYD Co., an investment-banking source said Friday. The investment is expected to forge a strategic partnership between Samsung, which also produces semiconductors and liquid-crystal displays for cars, and BYD, according to the source. The Chinese unit of Samsung will buy new shares of BYD when the Chinese carmaker launches a rights offering. If the rights
IndustryJuly 15, 2016
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EU to provide $340,000 for North Korea disaster control project
The European Union has decided to provide US$340,000 to a North Korea disaster control project, a U.S.-based media outlet said Friday.According to Radio Free Asia, the European Community Humanitarian Office will send the funds to the Finnish Red Cross that has been engaged in rural disaster management projects in the reclusive county.The project aims to minimize damage caused by natural calamities such as droughts and floods.An EU spokesperson told RFA that the Finnish effort is focused on helpi
North KoreaJuly 15, 2016
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Korean shares up in late morning trade
South Korean shares edged up in late morning trade Friday on continued foreign buying.The benchmark Korea Composite Stock Price Index rose 12.74 points, or 0.63 percent, to 2,021.51 as of 11:20 a.m.Foreign traders purchased a net 192 billion won ($169 million) worth of shares, while individuals and institutional investors were net sellers. It's boosted by external factors such as additional positive data on the U.S. economy and a global monetary easing mood, market watchers said.The U.S. Produce
July 15, 2016
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Police summon Maestro Chung over embezzlement allegations
Maestro Chung Myung-whun was summoned by police Friday to face questioning over alleged embezzlement, a day after he was grilled by prosecutors over a rumor scandal surrounding the Seoul Philharmonic Orchestra.The 63-year-old conductor appeared at the Jongno Police Station in Seoul over suspicions he unlawfully used the orchestra's assets for personal expenses.Chung declined to comment on any of the allegations raised against him. Earlier on Thursday, the maestro was summoned by prosecutors over
Social AffairsJuly 15, 2016
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Naver's Line Corp. listed on Tokyo bourse
Line Corp., a Japan-based global chat app operator, successfully debuted on the Tokyo Stock Exchange on Friday following a strong start on Wall Street overnight.The subsidiary of South Korea's dominant internet service firm Naver Corp. finished at 4,345 yen (US$41), up 32 percent from the IPO price, heralding a successful debut. Line sold a total of 13 million shares in Tokyo and 22 million on Wall Street.The dual listing drove up the firm's market value to around 10 trillion won (US$8 billion).
TechnologyJuly 15, 2016
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Russia submits short implementation plan on N. Korea sanctions
Russia was confirmed on Friday to have submitted a relatively short implementation plan to the United Nations explaining how it will enforce sanctions against North Korea for defiantly pursuing its nuclear and missile programs.Russia's one-page report dated May 27 was made public on the U.N. website, detailing its implementation plan for the sanctions outlined under the latest resolution of the U.N. Security Council adopted in March.The resolution was unanimously adopted after the reclusive coun
North KoreaJuly 15, 2016
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Korea posts record high trade surplus in June
South Korea's trade surplus hit an all-time high in June as a protracted economic slowdown dragged down imports at a faster pace than exports, customs data showed Friday.The country's trade surplus came to a record $11.5 billion last month, up sharply from $6.99 billion in the previous month, according to the data from the Korea Customs Service.The amount of the June trade surplus broke the earlier record of $10.2 billion set in November last year.The figure also marked a 15.5 percent on-year ri
July 15, 2016
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Hyundai's i30 hatchback becomes Australia's best-seller
Hyundai Motor Co.'s i30 hatchback became Australia's top-selling vehicle in the first six months, data showed Friday.The data compiled by Australia's Federal Chamber of Automotive Industries showed that South Korea's top automaker sold 21,171 units of its i30 hatchback in Australia in the January-June period, up 45 percent from a year earlier.Toyota Motor's Hilux pickup truck took the second place, followed by the Toyota Corolla and the Mazda 3.Hyundai Motor sold a combined 54,350 units in the f
MobilityJuly 15, 2016
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Korean defender joins Chinese club coached by compatriot
South Korean defender Hong Jeong-ho has left the German Bundesliga to join a Chinese football club managed by his compatriot.Jiangsu Suning, currently second in the Chinese Super League, said on Thursday night via Weibo -- China's largest social networking service -- that they signed Hong from FC Augsburg. The details of his contract weren't announced.Hong will be coached by fellow South Korean Choi Yong-soo, who left South Korean outfit FC Seoul last month to join Jiangsu. Jiangsu said they are
SoccerJuly 15, 2016
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‘Tunnel’ invited to Locarno International Film Festival
Upcoming summer film “Tunnel” will be representing the Korean film industry at the annual Locarno International Film Festival.The story of a man’s fight for survival as the lone victim of a tunnel collapse, the thriller-drama will be screened in the non-competitive Piazza Grande program, according to the event’s official website.Also included in the section are Paul Greengrass’ much anticipated “Jason Bourne,” Colm McCarthy’s adaptation of M.R. Carey’s award-winning novel “The Girl with All the
FilmJuly 15, 2016
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Amid Zika scare, S. Korea sends largest medical team
South Korea will be sending its largest medical team to a multisport competition at this year's Rio de Janeiro Summer Olympics, hoping to keep its athletes healthy amid the Zika virus scare, pollution problems and security challenges.The Korean Olympic Committee (KOC) said Friday it has put together a medical team of nine doctors, physical therapists and nurses. They're joined by a pair of infectious disease specialists from the National Medical Center.The KOC will also bring on board a Korean d
TechnologyJuly 15, 2016
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Convenience stores find new customers with coffee, desserts
Convenience stores are gaining a big customer base through cafe-style coffee and bakeries that are cheaper in price but satisfactory in quality, industry officials said Friday.The industry's leading chain CU said its January-June sales of brewed coffee were up 64.2 percent from the same period last year.The sales of baked goods, made in the store's own oven, increased 12.6 percent, and that for cakes and other desserts jumped 92.1 percent, it said.Seven Eleven reported a 306.2-percent leap in sa
IndustryJuly 15, 2016
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[Travel Bits] Round up of travel news from around the world
Busan Fireworks FestivalThe annual Busan Fireworks Festival gearing up for its 12th year, kicking off its festivities October 22 along Gwangalli Beach.Along with its breathtaking fireworks display show, the festival will feature a myriad of diverse events, including live music and street performances. The annual festival is one of the city’s biggest and most popular events, attracting more than 1 million national and international visitors every year.Although in the past the festival has been he
TravelJuly 15, 2016
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Finance minister vows to speed up implementation of extra budget
South Korea's finance minister on Friday said he will speed up efforts to roll out an extra budget in a "timely" manner, adding the detailed plan will be handed to the National Assembly this month."The timing is crucial when it comes to an extra budget,"Finance Minister Yoo Il-ho said during a meeting with the ruling Saenuri Party. "The bill will be handed in to the parliament as soon as possible."Yoo added the extra budget will be aimed at generating jobs amid the industrywide restructuring eff
July 15, 2016
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[Around the hotels] Round up of hotel events and news
Summer Family package at Lotte City Hotel JejuLotte City Hotel Jeju is presenting its Summer Family package starting at 280,000 won.To help families traveling with kids make the best out of their stays, the package offers various discounts and amenities including a one-night stay in a standard family twin room, a meal for 2 adults and one child at the hotel’s buffet-style restaurant C’cafe, deluxe chocolate from Hershey’s Kisses, free parking service at Lotte Mall’s Gimpo Airport branch, and mor
TravelJuly 15, 2016
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Kristen Stewart, Jesse Eisenberg enliven otherwise dull nostalgia in ‘Cafe Society’
There’s not much to “Cafe Society,” but for a while now Woody Allen has been getting by with not much happening at the keyboard. Thanks to the warm, glowing light lavished on the film by cinematographer Vittorio Storaro, shooting digitally, the writer-director’s 47th feature looks like a million bucks in that drippingly nostalgic late-period Allen way.The dialogue? The dialogue ranges in value from a quarter-million to a buck eighty-three. Then again, the cast is pretty wonderful, particularly J
FilmJuly 15, 2016