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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Who's lying? Hybe vs. Min conflict continues to intensify
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[Photo news] Faker Mercedes
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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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North Korea unveiling uranium enrichment site a US election-conscious move: NIS
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'Shaman says president will die,' caller warns
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KCON France to kick off amid diplomatic anticipation
The world's largest K-pop festival will kick off in Paris, its first European destination, on Thursday with South Korean President Park Geun-hye attending.The line-up for KCON France includes the likes of Bangtan Boys, Block B, SHINee, F.T. Island, f(x) and I.O.I, CJ E&M, a South Korean entertainment company, said. I.O.I is a girl group created from cult reality series "Produce 101," which narrowed 101 candidates down to 11 finalists who now comprise the act.Park, who is in France to celebrate t
CultureJune 2, 2016
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U.N. chief tops poll among presidential hopefuls
U.N. Secretary-General Ban Ki-moon emerged as the most favored potential presidential candidate for next year's election, a poll showed Thursday, bypassing long-established hopefuls in the opposition parties.According to the survey conducted by Realmeter on 2,018 South Koreans earlier this week, Ban held an approval rate of 25.3 percent, outpacing other potential candidates. It marked the first time for Ban to be included in the Realmeter survey, which is one of the key barometers to gauge publi
PoliticsJune 2, 2016
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Former senior prosecutor arrested for lobbying scandal
State prosecutors on Thursday formally arrested a prosecutor-turned-lawyer accused of peddling influence for his client and evading taxes, as part of a probe into the snowballing corruption scandal that is rocking the country's legal establishment. The Seoul Central District Court issued an arrest warrant for Hong Man-pyo over suspicions he received some 300 million won ($251,000) from the chief of local cosmetics brand Nature Republic, Jung Woon-ho, to cover up his overseas gambling charges in
Social AffairsJune 2, 2016
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Subscribers to state pension to start falling in 2017: report
The number of subscribers to South Korea's state pension fund is expected to start to drop from 2017 in the wake of the country's falling birthrate, a report said Thursday.The National Pension Service is likely to see the number of subscribers reach 21.67 million next year, down 100,000 from this year, according to the report by the National Pension Research Institute.The figure is forecast to reach 21.77 million people at the end of this year, up from 21.56 million a year earlier. The number of
June 2, 2016
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Ruling party urges gov't to bolster clean-air policy
South Korea's ruling party on Thursday urged the government to put a priority on improving the country's air quality rather than just pursuing a policy of bolstering energy efficiency."While the government has been promoting diesel automobiles for energy efficiency, it is important to note such cars are behind the air pollution issue," Rep. Chung Jin-suk, the floor leader, said during the meeting with government officials on fine-dust emissions.The party whip then expressed concerns over specula
Social AffairsJune 2, 2016
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Exports of fruits, vegetables jump 23% in 5 yrs
Exports of fruits and vegetables have grown 22.9 percent over the past five years on rising demand from Asian countries and the United States, customs data showed Thursday.A combined $304 million worth of fruit and greenstuffs were shipped overseas last year, up from $248 million in 2011, according to the data compiled by the Korea Customs Service. (Yonhap)Shipments of fruit including pears and strawberries rose 29.8 percent to $127 million over the five-year period, while exports of vegetables
IndustryJune 2, 2016
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Banks' bad loans hit 15-year high on corporate revamp
South Korean banks' non-performing loans have soared to a 15-year high amid an extensive revamp of troubled shipbuilding and shipping companies, government data showed Thursday.As of end-March, the total amount of bad loans held by local banks reached 31.3 trillion won ($26.3 billion), up 1.3 trillion won from the end of last year, according to data from the Financial Supervisory Service.The figure was also up 6.6 trillion won from a year earlier and marks the highest level since 38.1 trillion w
June 2, 2016
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N.K. official defends nuclear development during talks with China's leader
A top North Korean official has said his country will stick to the simultaneous pursuit of nuclear and economic development during his talks with Chinese President Xi Jinping, the North's state media said Thursday.Ri Su-yong, vice chairman of the North Korean ruling party's central committee, paid a courtesy call on China's leader on Wednesday, the second day of his three-day trip to China.The Korean Central News Agency said that Ri delivered a verbal message of North Korean leader Kim Jong-un t
North KoreaJune 2, 2016
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Korea's economic growth slows in Q1: BOK
South Korea's economic growth slowed in the first quarter from three months earlier due to still sluggish demand at home and abroad, central bank data showed Thursday.In the January-March period, the country's gross domestic product expanded 0.5 percent from the previous quarter, slowing from a 0.7 percent on-quarter expansion three months earlier, according to preliminary data from the Bank of Korea. (Yonhap)The latest reading marks a slight increase from an earlier estimate of 0.4 percent on-q
June 2, 2016
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U.N. Security Council condemns N.K. missile tests
The U.N. Security Council on Wednesday condemned North Korea's recent ballistic missile tests, saying they contribute to Pyongyang's development of nuclear weapons delivery systems.The Security Council unanimously adopted the press statement, a day after the North attempted unsuccessfully to launch a Musudan intermediate-range ballistic missile believed to be capable of reaching the U.S. territory of Guam. The missile is believed to have exploded on a mobile launcher as soon as the fire button w
North KoreaJune 2, 2016
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Benz to recall 1,135 E-Class sedans for powertrain control defect
Mercedes-Benz Korea, the local unit of the German luxury car brand, will recall 1,135 units of E-class sedans for problems with their powertrain control system, the transportation ministry here said Thursday.An error in the model's powertrain software may fail to transmit engine power to the automatic transmission, causing a possible accident while driving, according to the Ministry of Land, Infrastructure and Transport.The problem has been detected in 1,135 E-Class sedans produced between Dec.
MobilityJune 2, 2016
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Hyundai, Kia see U.S. sales grow 6.3% in May on strong demands for SUVs
Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States rise 6.3 percent in May, thanks to brisk sales of sport utility vehicles, industry data showed Wednesday.The two South Korean auto giants sold a combined 133,932 units in the U.S. last month, up from 126,043 units sold in the same period last year, the data showed. The figures represented the best-ever sales for the month of May for both companies.Hyundai's sales rose 11.6 percent to 71,0
MobilityJune 2, 2016
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U.S. should consider jointly handling nuclear weapons with Korea, Japan: expert
The United States should consider jointly handling nuclear weapons with South Korea and Japan so as to prevent the key Asian allies from seeking nuclear armament of their own, a U.S. expert has suggested.Evan Braden Montgomery, a senior fellow at the Center for Strategic and Budgetary Assessments, put forward the "combined nuclear planning and nuclear sharing" idea in a recent report, saying the allies could consider independent nuclear armament if North Korea's nuclear capability surges."How mi
DefenseJune 2, 2016
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Korea lose 6-1 to Spain in football friendly
South Korea lost 6-1 to Spain in a football friendly match on Wednesday as their unbeaten streak came to an end with their worst defeat in 15 years.Goals from David Silva, Alvaro Morata, Cesc Fabregas, and Manuel "Nolito" Agudo snapped South Korea's victory run at 16.South Korea hadn't lost since falling 2-1 to Australia at the Asian Cup final in January 2015. Spain also ended South Korea's nine-game winning streak and their record of 10 consecutive shutouts. South Korea's head-to-head record ag
SoccerJune 2, 2016
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U.S. designates N. Korea as primary money laundering concern
The U.S. Treasury Department designated North Korea as a "primary money laundering concern" Wednesday, a powerful sanction designed to cut off the communist nation from the international banking system for its nuclear and missile programs.The designation came as part of the North Korea Sanctions and Policy Enhancement Act enacted in February to punish the North for conducting its fourth nuclear test in January and a long-range rocket launch the following month in violation of U.N. resolutions.It
North KoreaJune 2, 2016
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Park arrives in France for state visit to boost ties
South Korean President Park Geun-hye arrived in Paris on Wednesday for a four-day state visit meant to strengthen bilateral ties after wrapping up her swing through Africa.Park was welcomed at Paris Orly airport by French officials.This marks the first state visit to France by a South Korean president in 16 years. The trip came as South Korea and France prepare to celebrate the 130th anniversary of establishing diplomatic ties.Park is set to meet with her French counterpart, Francois Hollande, o
PoliticsJune 2, 2016
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N. Korea release video of recent SLBM launch
North Korea on Wednesday aired a video image of the submarine-launched ballistic missile (SLBM) in flight after its launch in April.A documentary aired earlier in the day by the country's state-run Korean Central TV Station showed an SLBM being launched from a submerged submarine and soaring vertically into the air.Kim Jong-un watched the launch from the shore and the flight scene was replayed several times with the film roughly titled "(he) displays the zenith of a revolution."The video also ca
North KoreaJune 1, 2016
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Leaders of N. Korea, China voice hope to mend ties
North Korean leader Kim Jong-un and Chinese President Xi Jinping on Wednesday expressed their willingness to improve strained ties over the North's nuclear weapons program, with both sides saying that they would work together to maintain peace and stability on the Korean Peninsula. The message was exchanged during a meeting in Beijing between Chinese President Xi Jinping and a visiting high-level North Korean delegation, led by Ri Su-yong, vice chairman of the North Korean ruling party's central
North KoreaJune 1, 2016
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3 N.K. overseas restaurant workers defect to S. Korea: report
Three North Koreans restaurant workers who used to work at a China-based restaurant have arrived in South Korea, local media reported Wednesday, citing government sources.The defectors, in their late 20s, are reportedly all female and come from Pyongyang. Sources said they are likely to have arrived on Tuesday afternoon or Wednesday morning. A North Korean restaurant in Shanghai is seen in this file photo. (Yonhap)The three workers are believed to have deserted their workplace, a Pyongyang-run r
North KoreaJune 1, 2016
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Samsung holds Ho-Am award ceremony
The award ceremony for the Ho-Am Prize, often referred to as the Korean equivalent of the Nobel Prize, was held at the Ho-Am Art Hall in Seoul on Wednesday. Named after the penname of Samsung Group’s late founder Lee Byung-chull, the annual event has honored a group of Koreans and foreign nationals for their contribution to enhancing science, culture and welfare of mankind. This year’s six recipients include: Kim Myung-sik, professor at Imperial College of London; Oh Joon-ho, professor at Korea
TechnologyJune 1, 2016