Most Popular
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Man arrested 16 years after murdering girlfriend, hiding body in cement
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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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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[Exclusive] Democratic Party of Korea forms US election task force
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[Grace Kao] NewJeans fights Hybe for their survival
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NK nuclear test 'possible' around US election in Nov., says Yoon aide
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[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
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What will Yoon, Han talk about at dinner?
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LIG Nex1 to build 2nd plant in Gimcheon
[THE INVESTOR] LIG Nex1 will build an advanced weapons plant in Gimcheon, North Gyeongsang Province, the defense equipment maker said on July 7.A memorandum of understanding regarding the plans was signed with Gimcheon government. Under the plans, LIG Nex1 will complete the construction work by 2023. Gimcheon Mayor Park Bo-saeng (left) and LIG Nex1 CEO Lee Hyo-koo hold up the memorandum of understanding at the signing ceremony held in Gimcheon, South Gyeongsang Province on July 7. LIG Nex1Accor
IndustryJuly 8, 2016
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SK contributes to program for young social entrepreneurs
SK Group will provide 12.5 billion won ($10.82 million) to an MBA program over five years to help young entrepreneurs start up social enterprises, the conglomerate said Friday.SK signed a memorandum of understanding on Thursday with the Korea Advanced Institute of Science and Technology to groom a second group of entrepreneurs through the institute's MBA program.The SK-KAIST program was launched in 2012 with 9.5 billion won from the business group for a five-year curriculum. The first group of g
IndustryJuly 8, 2016
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GM Korea’s union OKs strike plans
[THE INVESTOR] GM Korea labor union’s vote on staging a strike was approved on July 7, making it the first carmaker union to set the stage for industrial action.The vote to take industrial action was approved by 71 percent workers. Of the 13,619 members of the carmaker’s union, 81 percent participated in the July 6-7 vote. GM Korea chief executive James Kim.However, the union’s move is widely perceived as a ploy to get the upper hand in this year’s negotiations rather than a signal for immediat
IndustryJuly 8, 2016
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Haitai cranks up production of megahit snack but sales slow down
Haitai Confectionary & Foods Co. may have been too late in building a factory to produce more of its smash hit potato chips, with the sales of the snack stagnating as soon as the factory opened, retail figures showed Friday.According to the company and tallies from Nielsen Korea, the monthly sales of Haitai's Honey Butter Chip increased roughly 300 million won ($259,629) in May and June, relatively a small increase considering that the snack hits monthly total sales of 5 billion won. The sales o
IndustryJuly 8, 2016
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Lotte founder and son banned from leaving Korea
[THE INVESTOR] Lotte Group founder Shin Kyuk-ho and his son Shin Dong-bin who is the group chairman have been banned from leaving South Korea, according to court sources on July 8.The ban comes less than a month since the prosecution initiated an all-out probe into South Korea’s fifth-largest conglomerate on June 10 on charges of embezzlement and breach of trust. Shin Kyuk-ho (left) and Shin Dong-bin (right)Industry watchers said the move indicates that the authorities have gathered enough ev
CompaniesJuly 8, 2016
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Park to host luncheon with all ruling party lawmakers
President Park Geun-hye will host a luncheon with all lawmakers of the ruling Saenuri Party on Friday, her office Cheong Wa Dae said, a move to secure their support for an array of her policy tasks and foster unity in the party long plagued by factional feuds.All 129 lawmakers of the ruling party, along with interim leader Kim Hee-ok, will attend the luncheon at the presidential office. It will be the third such gathering since she took office in February 2013.At the gathering, Park is expected
PoliticsJuly 8, 2016
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N. Korea denounces sanctions on leader Kim as 'declaration of war'
North Korea on Friday denounced the U.S. imposition of sanctions on leader Kim Jong-un as "an open declaration of war," warning that it will close down all diplomatic channels with the U.S. unless the blacklisting is revoked.The U.S. rejected the demand, saying it will continue to work with the international community to sustain international attention on the North's "deplorable" human rights situation and to press for Pyongyang to cease such violations.The North's Foreign Ministry issued the st
North KoreaJuly 8, 2016
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Historical items recovered from site of former Korean legation in Washington
An invitation to the 1906 wedding of a daughter of then-U.S. President Theodore Roosevelt and other historical items have been recovered from the site of the former Korean legation in Washington, officials said Thursday.The 15 items, which were found during restoration work on the building that was used as the Korean legation from 1891 to 1910, before Korea was colonized by Japan, show active diplomacy Korean envoys were engaged in at the time, the Overseas Korean Cultural Heritage Foundation sa
InternationalJuly 8, 2016
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N. Korean martial arts manual listed as UNESCO heritage
A North Korean martial arts manual dating back to the 18th century has been listed as a UNESCO heritage, the country's state media said Thursday.The U.N. organization listed the manual called "Mu Ye Do Bo Tong Ji" on its World Regional Register for Asia-Pacific at a meeting of the UNESCO Memory of the World Regional Committee for Asia-Pacific in Vietnam in May, the Korean Central News Agency said in an English dispatch monitored in Seoul.The book was illustrated by the famous Korean folk painter
North KoreaJuly 8, 2016
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Germany arrests IS suspect 'close to Paris attacks planner'
BERLIN, (AP) -- German prosecutors said Thursday they had arrested an alleged Algerian Islamic State group militant who had had contact with the late ringleader of the November Paris attacks, Abdelhamid Abaaoud.The suspect, identified only as 20-year-old Bilal C., is accused of having informed Abaaoud of ways to smuggle jihadists into Western Europe along the Balkans route then used by a mass influx of migrants. He had also been in touch with Moroccan jihadist Ayoub El Khazzani, who opened fire
InternationalJuly 7, 2016
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Five men killed in industrial accident in central England: police
LONDON, (AFP) -- Five men died Thursday in an accident at a recycling centre near Birmingham, central England and a sixth man has been taken to hospital with serious leg injuries, police said."Police can confirm that five men have died after an industrial accident at a recycling site at Nechells this morning," the police statement said, referring to a suburb of the city."Officers were called... to reports that a wall had collapsed. Emergency services attended but the men could not be saved and t
InternationalJuly 7, 2016