Most Popular
-
1
[Exclusive] Democratic Party of Korea forms US election task force
-
2
Seoul seeks to improve foreign nanny program after two abscond
-
3
[Grace Kao] NewJeans fights Hybe for their survival
-
4
Samsung, top banks to create W2tr green growth fund for SMEs
-
5
Malnutrition cases nearly triple in last 5 years
-
6
KFA Chair denies unfair hiring of national coach
-
7
An increasing number of K-pop idols are breaking free from big agencies. Why?
-
8
NewJeans has few options after Ador rejects group's request to reinstate Min Hee-jin as CEO
-
9
Couple welcoming quintuplets to receive over W170m in childbirth grants
-
10
Korean automakers pressured to diversify supply chains as US bans Chinese tech
-
Grasping German for fortunes in Germany
The German Embassy last week granted diplomas to bookworms at high schools across Seoul who successfully completed German language courses offered by Germany’s school authorities and Foreign Office. At the ceremony on Tuesday, 72 students received certificates for completing the DSD 1 and DSD 2 programs, shortened names for the German Language Certificate of the Education Ministers Conference.By earning these credentials, they are recognized as having the necessary competence to study at German
Foreign AffairsJune 26, 2016
-
Poland, Korea hash over cultural promotion
Polish Deputy Prime Minister and Minister of Culture and National Heritage Piotr Glinski visited Korea last week to boost collaboration between the two countries, which aim to globalize their cultures as engines of growth. As part of his five-day visit, he participated in the 7th Asia-Europe Culture Ministers’ Meeting in Gwangju, representing the Polish delegation that joined with the highest number of officials. He also met his counterpart, Korean Minister of Culture, Sports and Tourism Kim Jon
Foreign AffairsJune 26, 2016
-
New Zealand minister touts Maori enterprise
New Zealand Minister for Maori Development Te Ururoa Flavell came to Korea last week to raise the profile of Maori businesses and promote their time-honored traditions. On his first visit, Flavell led a trade delegation of nine Maori firms covering food and beverage, seafood, horticulture, agriculture, forestry and tourism. At the breakfast forum hosted by the New Zealand Chamber of Commerce, known as “The Kiwi Chamber” on Tuesday, he addressed more than 50 local business community leaders on th
Foreign AffairsJune 26, 2016
-
[News Focus] Won expected to further tumble on Brexit
The British pound has fallen, along with the euro, Chinese yuan and, not to mention, the Korean won, while the dollar and Japanese yen strengthened following the U.K.’s vote to leave the European Union.The won-dollar exchange opened with a decrease of 0.2 won at 1,150 won last Friday, but weakened almost 30 won, closing at 1,179.9 won as the British voted in favor of exiting the EU, while the KOSPI lost more than 3 percent.Analysts forecast the won-dollar exchange to touch as high as 1,200 to 1,
June 26, 2016
-
Brexit overshadows Korean economy
The “Leave” outcome in the U.K. is expected to further overshadow the prospects of the Korean economy, which is already facing a slew of negative outlooks on employment, inflation and exports, analysts say.An exit from the European Union is likely to slow Korean exports to its free trading partner, as Korea and the U.K., as well as the EU, will have to renegotiate the terms of their trade pacts and tariffs separately, now that the world’s fifth-largest economy will have to start talks with the U
June 26, 2016
-
Mercedes Benz to roll out 4 luxury cars
Mercedes Benz said Sunday it was set to roll out four luxury models later this year, after garnering attention at the Busan Motor Show earlier in the month.“We plan to unveil the full lineup of dynamic, young roadsters and modern, luxury Cabriolets in the second half of this year, with an aim of meeting high-end consumers’ needs,” said an official at Mercedes Benz Korea. The new S-Class Cabriolet, the first convertible variant of the Mercedes-Benz luxury flagship, will enter the Korean market al
MobilityJune 26, 2016
-
[Newsmaker] Anti-EU figurehead Farage vindicated by Brexit vote
Nigel Farage has devoted his career to campaigning to leave the European Union, a once-impossible seeming goal he has now achieved following a referendum campaign peppered with his signature controversies. UK Independence Party (UKIP) leader Nigel Farage in London on June 22, 2016 (AFP/Niklas Hallen)It was the rise of Farage’s UK Independence Party (Ukip) which effectively forced Prime Minister David Cameron to first promise a referendum in 2013. Farage has played a high-profile role this year i
World BusinessJune 26, 2016
-
New Audi A4: lighter but futuristic
The Audi A4, one of the German carmaker’s best-selling sedans, has made a big return. Keeping its Quattro tradition, the latest model features savvy high tech elements inside and out. It’s bigger and lighter too. New Audi A4 (Audi Korea)The all new Audi A4, a full changed model in eight years, revised the platform of its predecessor and used lighter components instead, losing nearly 100 kilograms in weight. The carmaker used high-strength steel, magnesium frame for backseats, module cross member
MobilityJune 26, 2016
-
CEOs wait tables for AMCHAM charity night
“Everyone, work your servers. You get to be their boss tonight. And isn‘t that a good feeling?”With those words from John Schuldt, President of American Chamber of Commerce in Korea, began the 12th CEO Servers’ Night at the Conrad Hotel in Seoul on Friday. Hosted annually by the Partners for the Future Foundation, the event has the chief executives of AMCHAM member companies don white aprons to wait on family and friends and raise scholarships for underprivileged students.Eight CEO servers pose
IndustryJune 26, 2016
-
Brexit raises concerns over exports
Britain’s departure from the European Union is drawing mixed reactions here, with local experts offering dim prospects for Korean exporters but some others viewing the historic change as an opportunity for the world’s seventh-largest exporter to outpace its rivals in the overall European market. Amid growing concerns, the Korean government said Sunday it would prepare for separate trade talks with the EU and Great Britain. In 2009, South Korea and the EU signed a bilateral free trade agreement,
IndustryJune 26, 2016
-
EU calls for UK’s early exit
The European Union wants a quickie divorce, but Britain wants time to think things over. Senior EU politicians demanded Saturday that the U.K. quickly cut its ties with the 28-nation bloc _ a process Britain says won‘t begin for several months _ as the political and economic shockwaves from the U.K.’s vote to leave reverberated around the world. "There is a certain urgency ... so that we don‘t have a period of uncertainty, with financial consequences, political consequences," French Foreign Mi
World BusinessJune 26, 2016
-
[Graphic News] Ships, cars are top export items to Britain
As Great Britain voted to leave the European Union, domestic attention is being paid to how it might affect Korea’s trade with the Western European country. According to a report from the Industry Ministry, two-way trade volume reached $13.8 billion in 2015, with Korea‘s exports amounting to $7.7 billion. Particularly, the nation’s 13 major items of exports to Britain accounted for $7.39 billion. Among the export items, ships topped the list at $2.5 billion, followed by cars with $1.5 billion an
June 26, 2016
-
K-pop hit makers make foray into indie music
Four-member indie rock band Hyukoh made a quiet debut in the Korean music scene in September of 2014, dropping the EP “20.” Soon, however, word of the band’s moody, hip tunes began spreading via social media and the band began selling out at small clubs. And when Hyukoh appeared on popular variety program “Infinite Challenge” in 2015 and rose to even wider acclaim, it grabbed the attention of YG Entertainment, which was seeking to extend its musical reach. In July that year, Hyukoh became the f
PerformanceJune 26, 2016
-
Political circles uneasy over anti-graft bill
With a forthcoming anticorruption law to be confirmed this week, calls to alleviate its restrictions spread within political and legal circles.While lawmakers argued that agriculture, livestock and fisheries industries should be exempted from sanctions, lawyers accused the bill of excessive legislation for expanding its regulation coverage to non-civil servants.“Those speaking for the interests of farming and fishing regions are highly concerned over the enforcement of the current draft,” said R
PoliticsJune 26, 2016
-
Amid rising terror threats, Korea remains vulnerable
In January 2015, an 18-year-old who went missing in Turkey shook South Korean society after being found to have illegally crossed the border to Syria to join the Islamic State extremist group. The boy, identified by his surname Kim, had deliberately planned his trip and vanished with the help of a Turkish man he met online, Seoul authorities said. The police retrieved more than 50 images from his computer of IS jihadists, IS flags and Muslim women, on top of a flurry of related Web search eviden
Foreign AffairsJune 26, 2016