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
-
[Editorial] Extreme nepotism
Koreans are accustomed to encountering misdeeds committed by public officials — both elected and appointed. But the seemingly endless cases of alleged nepotism involving Rep. Seo Yeong-gyo certainly goes beyond a tolerable level. In short, Seo, a two-term lawmaker from The Minjoo Party of Korea, is quite good at misusing her public office to provide benefits to her own family members. She has been involved in a long list of cases of notorious nepotism. Three years ago, the lawmaker hired her o
EditorialJune 24, 2016
-
[Editorial] Steep bias
The latest developments surrounding a group of 13 North Korean defectors who recently resettled in South Korea gives us several things to think about. First, the case reminds us of the Cold War-era past in which the two Koreas were engaged in a fierce publicity war about which was the better place to live. During that time, the two Koreas took full advantage of defectors from either side — to be fair, those from the North far outnumbered those from the South — to blow their own trumpet. Official
EditorialJune 24, 2016
-
[Weekender] Threat of fine dust creeps up on Korea
Up until recently, China was considered the main enemy when South Koreans were warned to stay indoors away from the polluted air that was mainly considered to be due to yellow sand from the deserts of the neighboring state.With the increasing number of studies on fine dust and their health impact, public awareness has grown over the sources of air pollutants and how the situation was left untended to for many years. “The last thing I want is to be one of those fussy moms but as for the fine dust
PoliticsJune 24, 2016
-
[EYE] ‘It comes down to IT going green’
Gary Cook, a senior IT analyst at Greenpeace, said that he has noticed a particular trend among the younger generation in the United States -- they delay getting their driver’s license after they turn 20.“It’s interesting. America, very much defined by car culture, is seeing lowering importance of getting a car. An interesting shift over the last five years,” Cook said in an interview with The Korea Herald.He explained that many drivers in the U.S. are choosing electric vehicles as the first opt
Social AffairsJune 24, 2016
-
Chilled chicken noodle soup to stave off the heat
As the hot and humid days of summer lie ahead for the next three months, finding ways to cool off has one yearning for more comfortable environs and seeking foods to comfort one’s stomach and weary soul. The Korean palate is often dictated by purpose and seasonality, so for that reason chicken, glutinous rice, cold noodle soups, and high protein ingredients such as sea abalone are highly coveted during the summer months. Icy Pyongyang chogyetang (Christine Cho) Chogyetang is a delectable chic
FoodJune 24, 2016
-
[Around the hotels] Round up of hotel events and news
Midsummer night’s getaway at W Seoul-Walkerhill W Seoul-Walkerhill is offering a signature summer cocktail promotion 2016 W Tiki Night, featuring Polynesian cocktails and an exotic atmosphere at WooBar. During the promotion, WooBar -- decorated Polynesian style -- will serve Tiki cocktails that have been modified from the popular 1940s and 1950s drinks. The cocktails are served in Tiki-shaped ceramic glasses representing New Zealand’s Maori tribe, or in tropical fruit such as coconuts. The drin
TravelJune 24, 2016
-
W47tr wiped out from Korean stock market on Brexit vote
[THE INVESTOR] Over 47 trillion won (US$40 billion) has been erased from the Korean stock market as Britain voted to leave the European Union on June 24. The combined market capitalization on the main KOSPI and tech-heavy KOSDAQ markets fell by 47.44 trillion won to 1,420.32 trillion won from a session earlier. It is the biggest drop since Nov. 10, 2011, when the market cap plunged by 57.22 trillion won. Market heavyweight Samsung Electronics plunged 2.1 percent. Hyundai Mobis fell 2.27 percent
June 24, 2016
-
Korea Asset In Trust to go public in July
[THE INVESTOR] Real estate trust company Korea Asset In Trust is set to go public on Korea’s benchmark KOSPI on July 13. “Through the initial public offering, the company will go beyond real estate trust business and become the No.1 real estate and finance company,” Kim Kyu-chul head of KAIT said at a press conference in Yeouido, Seoul, on June 24. Established in 2001, KAIT is the market leader in real estate trust companies in Korea. In the first quarter this year, the company recorded operatin
June 24, 2016
-
Won-yuan direct trading market in China to be launched next week
[THE INVESTOR] The Chinese market for direct trading of the South Korean won and Chinese yuan will be launched next week, the South Korean Finance Minister said on June 24.The won-yuan direct trading market will begin operations in Shanghai on June 27. The state-run Chinese Foreign Exchange Trading System will take charge of the management. “South Korea and China are important trade partners,” Finance Minister Yoo Il-ho said in an official opening ceremony held in Beijing. “The newly launched cu
June 24, 2016
-
Seoul to review Brexit’s impact on FTA
In the wake of the U.K.’s vote to leave the European Union, Foreign Minister Yun Byung-se said Friday that he will examine its impact on free trade and other existing pacts and take steps to minimize any fallout. “Though some experts see that its impact (on Korea) will be limited given our relatively low trade and finance ties with the U.K. such as compared with the U.S., Brexit will significantly affect the global economy and we’re not free from that,” Yun said at a meeting of the parliamentary
Foreign AffairsJune 24, 2016
-
[Travel Bits] Round up of travel news from around the world
Buyeo Seodong Lotus FestivalThe annual Buyeo Seodong Lotus Festival is a celebration of all thing lotus flowers, while highlighting the importance of preserving wild flowers. As part of the festival celebrations, the event features a variety of lotus flower experience programs such as lotus paper origami and flower soapmaking. This year’s festivities will run from July 8 to 17 at Buyeo’s Seodong Park. Although nowhere near as popular with tourists as Seoul and Busan, Buyeo continues to strength
TravelJune 24, 2016
-
KOSPI to plunge below 1800 points on Brexit: analysts
[THE INVESTOR] Analysts warned Britain’s vote to leave the European Union may further dampen Korean stock financial markets as panic gripped investors. On June 24, the country’s benchmark KOSPI shed 61.47 points, or 3.09 percent, to 1,925.24. Sidecar kicked in following the secondary KOSDAQ’s 6-percent plunge. Shocked investors dumped pounds, leading the value of sterling to slump to a 31-year low on currency markets. Other Asian markets including Japan’s Nikkei finished the day with big losses.
June 24, 2016
-
[Box Office] Latest movie releases
The Truth Beneath (Korea) Opened June 23 Thriller. Directed by Lee Kyoung-mi A power-hungry politician (Kim Joo-hyuk) and his strong-willed wife (Son Ye-jin) discover their daughter (Shin Ji-hoon) has gone missing just days before election day. The two struggle over what to prioritize –- family or ambition. Independence Day: Resurgence (U.S.) Opened June 22 Fantasy, Science fiction. Directed by Ronald Emmerich Nations join hands to devise a gargantuan defense program to protect themselves from a
FilmJune 24, 2016