Most Popular
-
1
Man arrested 16 years after murdering girlfriend, hiding body in cement
-
2
[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
-
3
Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
-
4
[Exclusive] Democratic Party of Korea forms US election task force
-
5
Middle East’s big AI push lures Korean tech firms
-
6
Seoul seeks to improve foreign nanny program after two abscond
-
7
[Grace Kao] NewJeans fights Hybe for their survival
-
8
Samsung, top banks to create W2tr green growth fund for SMEs
-
9
NK nuclear test 'possible' around US election in Nov., says Yoon aide
-
10
[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
-
Football league delays meting out punishment on club over bribery scandal
The national pro football league said Thursday it will delay meting out punishment on Jeonbuk Hyundai Motors over a bribery scandal.The K League had been scheduled to discuss penalties for Jeonbuk on Friday, but it will do so after mid-August instead, according to Cho Nam-don, who heads the league's disciplinary committee.In May, local prosecutors said a Jeonbuk scout, identified only by his surname Cha, had been indicted on charges of bribing two referees in 2013. Cho said the league postponed
SoccerJune 30, 2016
-
SKT inks with Telekom, Ericsson for key 5G technology
[THE INVESTOR] Korean network operator SK Telecom has signed a memorandum of understanding with Deutsche Telekom and Ericsson to develop core technologies for the next-generation network, or 5G.Through the partnership, the three will conduct trial tests of key 5G technologies including network functions virtualization, software-defined telecommunications infrastructure, and distributed cloud, all of which will provide optimized end-user experiences, SKT said on Thursday. SK Telecom‘s booth for
TechnologyJune 30, 2016
-
[Editorial] Boon or bane?
Only four months after it came into being, the People’s Party is in crisis. How the party copes with the crisis will affect the future of not only the party itself but also national politics -- especially the next presidential election. The crisis, touched off by allegations of financial wrongdoing during the April 13 election campaign, culminated with the resignation of Ahn Cheol-soo, the party’s paramount leader, and his joint leader Chung Jung-bae on Tuesday. Their resignation came a day afte
EditorialJune 30, 2016
-
[Editorial] Hong’s case
The seemingly endless controversies involving Hong Ky-ttack, a vice president of the Asian Infrastructure Investment Bank, show that a combination of personal greed and President Park Geun-hye’s misuse of her right to appoint senior officials has resulted in another disaster. As in similar cases, much of the blame for the latest mishap should go to Park, who is good at assigning the wrong people to the wrong posts. At the base of the problem is her preference for those who helped her election ca
EditorialJune 30, 2016
-
[Monitor] Industrial output swings back to growth
South Korea’s industrial output swung back to growth in May on the back of increased production in chips and petroleum products, a government report showed Thursday. According to Statistics Korea, total output increased by 1.7 percent from April, reaching an all-time high. It jumped 4.8 percent from May 2015.
June 30, 2016
-
Coal use to rise by 2.7% this year
Despite the government’s pledge to curb industrial and everyday sources of the fine dust that has risen as a major public health threat, the amount of South Korea’s coal consumption is expected to rise by 2.7 percent this year, a research institute said Thursday.The Korea Energy Economics Institute said that the total energy demand for South Korea this year is estimated at 289.4 tons of oil equivalent this year, up by 1.5 percent from last year. This is due to introduction of new bituminous or s
Social AffairsJune 30, 2016
-
Korea crafts 5-yr plan for unmanned vehicle development
Korea said Thursday it has finalized a five-year master plan to advance the local unmanned vehicle industry.Under the project, approved by the National Science & Technology Council, the government will concentrate efforts on boosting the development of drones, self-driving cars, unmanned ships and agricultural machines by 2020, according to the Ministry of Science, ICT and Future Planning.The size of the global unmanned vehicle market came to US$24.8 billion last year. It's expected to grow at t
Social AffairsJune 30, 2016
-
U.S.-led naval drills kick off near Hawaii
The world’s largest international biennial maritime warfare exercise, Rim of the Pacific, began its five-week run at the Pearl Harbor meeting point Thursday, as naval forces from 27 countries gathered for what the officials said was the biggest joint drill to date.This year’s RIMPAC also features China which, despite territorial disputes in the South China Sea, has deployed five warships and some 1,200 troops to mark the third-largest contingent after the U.S. and Canada.It marks Bejing’s second
DefenseJune 30, 2016
-
[FOCUS] Ahn's resignation over scandal underpins 'new politics' motto
Rep. Ahn Cheol-soo had little to lose from his resignation as cochief of the People‘s Party on Wednesday. By assuming responsibility for the ongoing rebate scandal, he not only reemphasized his “new politics” slogan, but also shifted his focus to a more distant goal -- next year’s presidential race.But his retreat left his party with a leadership vacuum from the very first month of the new parliamentary term, hindering the rookie opposition party from making its presence felt.“I will make my bes
PoliticsJune 30, 2016
-
Hanwha denies acquiring global aircraft engine maker
[THE INVESTOR] Hanwha Group on June 30 denied a news report that the the company was seeking to acquire a global aircraft engine manufacturer in the latter half of this year. Earlier in the day, the Maeil Business News reported that the nation's No. 1 defense manufacturer is contacting with five companies with 500 billion won to 1 trillion won (US$430 million to US$870 million) in sales that are supplying parts to top defense companies. Hanwha Group chairman Kim Seung-younThe nation’s 10th lar
IndustryJune 30, 2016
-
Australia invites N.K. defectors for English-learning program
The Australian government has invited five North Korean defectors to study English for up to 30 weeks this year in the first run of its state-subsidized English-learning program, organizers said recently.The students, now South Korean citizens, will leave in September to join the University of Technology Sydney’s INSEARCH, a practice-oriented university in Sydney. The program is offered in partnership with the Australian Department of Foreign Affairs and Trade through the Australia-Korea Foundat
Social AffairsJune 30, 2016
-
Yozma inks MOU on investment in Korea's biotech sector
The Yozma Group, an Israeli venture capital firm, said Thursday it will make a massive investment in Korea's biotech sector.Yigal Erlich, founder and chairman of the globally known group, signed a related memorandum of understanding with Seo Jeong-sun, head of the Korea Biotechnology Industry Organization, in Seoul on the sidelines of the third "Korea Bio Plus" forum. (Korea Biotechnology Industry Organization)It was co-organized by KBIO and the Korea Institute for Advancement of Technology.The
IndustryJune 30, 2016