Most Popular
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Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
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Host of Miss Korea apologizes for 'inappropriate question' about deepfake
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Korea to face another massive shortfall in tax revenue
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[Contribution] Turkmenistan celebrates the 33rd anniversary of its Independence
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SK hynix outpaces Samsung, Micron with more powerful AI chips
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Power of nostalgia brings K-pop legends back together
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[Photo news] Faker Mercedes
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North Korea unveiling uranium enrichment site a US election-conscious move: NIS
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Who's lying? Hybe vs. Min conflict continues to intensify
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'Shaman says president will die,' caller warns
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S. Korea-China trade fair near N. Korea border canceled over safety concerns
A trade fair between South Korean and Chinese small and mid-sized firms in the Chinese city of Dandong on the border with North Korea was canceled days before its opening because of unspecified safety concerns, a diplomatic source close to the matter said Friday. Organized by several South Korean municipal governments and the Chinese city of Dandong, which faces North Korea across the Amnok River, the five-day trade fair was previously scheduled to begin next Thursday. About 150 firms from
North KoreaJune 3, 2016
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South Korea, U.S. to pursue financial sanctions against North Korea
Fiscal policymakers of South Korea and the U.S. reaffirmed their strategic alliance against the potential threat from North Korea using the international financial system.In the first meeting between the finance chiefs of the two countries in Seoul on Friday since the G20 summit in 2010, U.S. Treasury Secretary Jacob Lew said that two sides will continue to collaborate in dealing with and resolving any financial matters concerning the North.Lew’s visit to Seoul comes after the U.S. Treasury Depa
June 3, 2016
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The FKCCI wishes President Park a successful trip in France!
As we celebrate the 130th anniversary of diplomatic relationships between France and Korea, 2015 and 2016 have been very rich in high level meetings. Following the State Visit of President François Hollande last November, President Park Geun Hye is currently on a State Visit (the first in 16 years!) in France from June 1st to 4th. These meetings at the top are great impulses to strengthen the ties between both countries’ companies and economic institutions, especially regarding creative economie
BusinessJune 3, 2016
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1 in 3 Koreans prefer state-run facilities for post-retirement stays: study
One in three South Koreans hope to stay at state-run nursing facilities should their health become impaired in their postretirement years, instead of relying on and living with family members, a study showed Friday. The statistics indicate a change in the Korean tradition of grown children financially and physically supporting their elderly parents, researchers said. The study by the Korea Institute for Health and Social Affairs surveyed some 1,000 Koreans aged 20-64 last year. Among the partici
Social AffairsJune 3, 2016
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[Editorial] No lifeline
It is always tricky to deal with North Korea, indisputably the world’s most isolated, unpredictable and dangerous country. No less tricky – as far as matters concerned with Korean affairs – is dealing with China, the North’s sole remaining socialist ally and patron. A senior North Korean official’s surprise visit to China earlier this week – the first of its kind in three years – is yet another piece of evidence that the international community will not be able to end the North Korean nuclear i
EditorialJune 3, 2016
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[Editorial] Real question
Prosecutors with search and seizure warrants raided Thursday several places that include the head office of the duty-free unit of Lotte Group and the home of the daughter of the retail giant’s founder Shin Kyuk-ho. They said Shin Young-ja is suspected of offering favors -- in return for kickbacks -- to Jung Woon-ho, a convicted businessman who approached her through a middle man to get his cosmetics brand into Lotte duty-free shops. We believe that there should be no stone left unturned in the
EditorialJune 3, 2016
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[Michael Schuman] China is forgetting the keys to success
China is arguably the valedictorian of Asia’s MBA program. When Deng Xiaoping ditched the radical economics of Mao and steered China into the global economy beginning in the early 1980s, he borrowed liberally from programs and policies that had earlier ignited rapid growth in Japan, South Korea, Taiwan, Hong Kong and Singapore. The student quickly outshone the teachers, riding an export-led, investment-heavy strategy to years of double-digit growth. Now, however, China’s President Xi Jinping app
ViewpointsJune 3, 2016
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[David Ignatius] The IS feeds off Islamophobia
The West is suffering from what one leading strategist calls an “autoimmune disease” in trying to fight the Islamic State group. The self-defense mechanisms championed by Donald Trump and his European neo-populist counterparts have gone into toxic overdrive -- weakening the West’s body politic and making the jihadist fever far worse. David Kenning, a British counter-radicalization expert, made this provocative argument in a telephone interview this week, and in recent research for various West
ViewpointsJune 3, 2016
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China takes note of media reports that Huawei faces U.S. probe on N. Korea exports
China's foreign ministry said Friday that it took note of U.S. media reports that Huawei Technologies Co., a Chinese telecom equipment maker, is facing a U.S. probe over its exports to North Korea, Cuba, Iran and Syria. The U.S. Department of Commerce has ordered Huawei's U.S. units to clarify whether the Chinese company exported goods containing American technology to the rogue nations, The New York Times reported. "I have noted relevant reports," China's foreign ministry spokeswoman Hua Chunyi
North KoreaJune 3, 2016
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Government to curb diesel in fine dust countermeasure
The South Korean government said Friday that it will abolish a series of benefits offered to diesel-fueled cars, hoping to reduce the number of diesel vehicles as part of its plans to counter the increasing level of fine dust.The government also said that it will soon review the energy source price system, leaving room for a possible diesel price hike.It also pledged to close down up to 10 units of coal power plants or substitute coal with liquefied natural gas and to boost investment into new g
Social AffairsJune 3, 2016
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Suraksan murder suspect apologizes to victim
A South Korean man, suspected of murdering a 63-year-old woman on a mountain trail, apologized to the victim before taking part in a police reenactment of the crime scene on Friday. The ex-murder convict Kim Hak-bong, 61, is suspected of stabbing the victim to death in her neck and stomach in the early hours of Sunday near the entrance of the Mount Suraksan trail on northeastern Seoul. He turned himself in on the same day. “I am sorry to the victim and her family,” Kim told reporters, when stepp
Social AffairsJune 3, 2016
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[Eye Interview] 'Hansik is about consideration for others’
Wearing a delicate traditional Korean hanbok made of a light jade skirt and cream top, Yoon Sook-ja, chairwoman of the Korean Food Foundation, is the quintessential host -- elegant and ever so considerate of guests. Aware that the interview schedule precluded lunch, she had her staff pick up kimbap from a store in the building. If she noticed the small paper cup of water was half empty, she paused between sentences to fill it. “Hansik is about consideration for the diner,” said Yoon, who, before
FoodJune 3, 2016
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[Weekender] Green rooftops brighten Seoul skyline
Seo Jin-kyung, 33, frequently visits Seoul Library’s Sky Yard, a rooftop garden located by the cafe on the fifth floor, where the panoramic view of the country’s capital city refreshes her. Upon opening the glass door at one side of the cafe, a green space filled with various types of hibiscus syriacus – the national flower of South Korea –- and wooden benches under a blue sky welcome visitors. “I tend to relax with a cup of tea or talk on the phone here when I study at Seoul Library. I think i
CultureJune 3, 2016
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Korea offers extra aid for humidifier disinfectant victims
The government announced Friday that it would provide toxic humidifier disinfectant victims with monthly living costs and nursing fees, starting from next month.According to the Environment Ministry, victims will be given between 310,000 won ($262) and 940,000 won per month for living costs, depending on the severity of their symptoms.Those with lung related diseases and classified as category one and two according to the Industrial Accident Compensation Insurance Act will be the biggest recipie
Social AffairsJune 3, 2016
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FAO redesignates N. Korea one of 37 countries suffering from food shortage
The United Nations Food and Agriculture Organization has redesignated North Korea one of 37 countries suffering from a food shortage, a U.S.-based news media reported Friday.Quoting the FAO's second quarter report on the crop outlook and food situation, Radio Free Asia said North Korea's food shortage for this year is expected to reach some 700,000 tons, which may seriously impact food rations for ordinary citizens.But the reclusive country has secured a mere 23,000 tons donated by international
North KoreaJune 3, 2016
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Woman arrested for striking comfort woman statue
Police on Friday apprehended a 33-year-old woman who struck a statue symbolizing the victims of Japan's wartime sexual slavery with a hammer.The woman, who has a history of schizophrenia, was caught at around 12:30 p.m. after she hit the statue in front of the Japanese Embassy in Seoul three to four times with a 40-cm-long hammer, investigators said. The statue was not seriously damaged, they said.Police said that she was rambling when she was asked why she damaged the statue.Investigators foun
Social AffairsJune 3, 2016
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N. Korea convenes workers meeting to promote work-harder campaign
North Korea convened a meeting of workers in Pyongyang this week to promote the "200-day loyalty campaign" aimed at fueling the country's economic growth, a report by the country's official Korean Central News Agency said Friday.The news agency reported that the meeting, held at the People’s Palace of Culture in the North Korean capital, was intended to send a government message that would incite the people to work more during the 200-day campaign. North Korean leader Kim Jong-un initially kicke
North KoreaJune 3, 2016
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Seoul cautious about THAAD talks
Seoul’s defense officials on Friday denied news reports that South Korea and the United States would make an announcement on their plans to deploy advanced U.S. missile defense assets here ahead of their defense ministerial talks in Singapore. Defense Minister Han Min-koo is scheduled to have a bilateral meeting with his U.S. counterpart Ash Carter on Saturday on the sidelines of the Asia Security Summit in Singapore. En route to the Southeast Asian country, Carter said that a stationing of the
North KoreaJune 3, 2016
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Korean hospital to open fertility clinic in UAE
A major South Korean hospital plans to open a fertility clinic in Dubai, the United Arab Emirates, within this year, its officials said Friday.The Cheil General Hospital & Women's Healthcare Center in Seoul signed a deal with Al Garhoud Private Hospital on the project.The center, specializing in treating infertility, will be established at the Dubai hospital founded in 2012.Cheil agreed to offer every necessary support including medical staff and relevant technologies.Technologies to be transfer
IndustryJune 3, 2016
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[Weekender] Creating the ultimate skyline garden paradise
As a major urban city, Seoul’s dense quarters leave little space for those with green thumbs to enjoy the relaxing pleasures of gardening within the confines of one’s home. However, one of the latest trends in combating Seoul’s lack of space is to utilize one’s rooftop. There are an increasing number of private homes independently creating their own rooftop Gardens of Eden, separate from the Seoul Metropolitan Government’s “Rooftop Greening Project” that seeks to revitalize public and private ro
CultureJune 3, 2016