Most Popular
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Host of Miss Korea apologizes for 'inappropriate question' about deepfake
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Who's lying? Hybe vs. Min conflict continues to intensify
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Seoul should engage Kim Jong-un’s elites for change, ex-North Korean diplomat says
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'Shaman says president will die,' caller warns
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Boy's emergency medical treatment delayed 2 hours due to staff shortage
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Most teen sex offenders get away with slap on wrist
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Ex-Trump official calls for S. Korea to raise defense spending to 3 or 3.5% of GDP
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Man sentenced to 1 year, 8 months for stealing from elementary school classrooms
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Same-sex couple denied insurance clearance despite landmark ruling
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SK On offers voluntary retirement amid losses
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[Photo News] Debit card for foreigners
Industrial Bank of Korea’s new debit card product targets foreign clients with benefits including discounts on overseas remittance fees, public transportation fares and convienence store purchases, the bank said Tuesday. (IBK)
May 10, 2016
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Patient assaults nurse, starts fire after he was stopped smoking
A patient who assaulted a nurse and started a fire in the hospital he was in after she was stopped from smoking was sentenced 2 years in prison on Tuesday. Jeonju district court said the 48-year-old man surnamed Kim had turned violent when the nurse on night-duty found him smoking in the hospital and confiscated his lighter and cigarettes. (123RF)Kim punched the nurse and started a fire in the hospital, which resulted in 4-week hospitalization for the nurse and more than 30 million won ($25,00
Social AffairsMay 10, 2016
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[Photo News] Audi rolls out new A4
Audi Korea unveiled the all-new luxury sedan Audi A4 in Seoul on Tuesday. The new sedan has 252 horsepower, a maximum torque of 38.0 kg.m. and a combined fuel efficiency of 12.5 kilometers per liter. The starting price of all-new Audi A4 is 49.5 million won ($42,185). (Audi Korea)
MobilityMay 10, 2016
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Kong Hyo-jin’s outfits up for charity auction
Actress Kong Hyo-jin is doing her part to support children in need in celebration of the month of family. Kong, known as a trendy fashion leader, has put up her clothes and bags for a charity auction run by fashion brand Vincis, the star’s agency Management Soop said Monday. The auction features outfits Kong wore while shooting commercials for Vincis’ 2016 spring-summer collection. The fashion brand planned the auction as part of its 2016 Share Your Love event. Actress Kong Hyo-jin (Management
TelevisionMay 10, 2016
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Chinese man found dead in water tank mystery
A corpse was found in the water tank of an apartment in Gumi, North Gyeongsang Province, Monday, following a report of a foul smell coming from the tap water.Police confirmed the identity of the deceased as 38-year-old Chinese surnamed Wong, who had worked on the crew of a ship in nearby Pohang, a coastal city in the same province about 120 kilometers from Gumi. (123RF)Wong’s padded coat was found next to the water tank, as well as a note that claimed he had not received 5.4 million won ($4,600)
Social AffairsMay 10, 2016
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Korea to control e-cigarettes in antismoking policy
The South Korean government announced a package of antismoking measures on Tuesday that would affect electronic cigarettes as well.It will also push for the revision of related laws to tighten control on ads for cigarettes, especially near schools, under the plan unveiled jointly by the Ministry of Health and Welfare and the Ministry of Strategy and Finance.The smoking rate among South Koreans, aged 19 or older, dropped to 39.3 percent last year from 43.1 percent in 2014. It marks the first time
Social AffairsMay 10, 2016
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Korea to host six-nation submarine rescue exercise this month
South Korea will host a joint multinational submarine exercise in its southern seas later in the month, involving the United States, Japan and other Asian Pacific countries, the Navy here said Tuesday.The Pacific Reach 2016 will kick off on May 25 for a 10-day run in the waters off South Korea's naval port city of Jinhae on the southeastern edge of the Korean Peninsula as well as around Jeju Island, the Navy said.The rescue exercise will bring together submarines and rescue forces from five othe
Social AffairsMay 10, 2016
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Two out 10 students involved in cyber bullying: report
Nearly two out of 10 primary and secondary school students were either perpetrators or victims of cyber bullying, carried out often by acquaintances while victims react with passivity, a report showed Tuesday.Compiled jointly by the Korea Communications Commission and the Korea Internet & Security Agency, the report was written based on responses from 3,000 students from elementary school fourth graders to high school seniors on a survey from Oct. 22-Nov. 13 last year.The report said 17.2 percen
Social AffairsMay 10, 2016
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Korean economic growth hit by sluggish global investment
Sluggish global investment stemming from the 2008 global financial crisis has dragged down Korea's economic growth by 0.21 percentage point on an annual basis, a report said Tuesday.Global investment was hit hard by the global financial crisis as its portion against the world's gross demand fell by 1.7 percentage points in 2014 from 2007, according to the report by the Korea Development Institute (KDI), a state-run think tank.Meanwhile, those of private consumption and fiscal spending each gaine
May 10, 2016
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Park to meet with new floor leaders of 3 political parties
President Park Geun-hye plans to meet with the new floor leaders of the three major political parties this week, a ruling party official said Tuesday, in the first face-to-face meeting following last month's parliamentary elections.The meeting is set to take place at Cheong Wa Dae, South Korea's presidential office, on Friday, Chung Jin-suk, floor leader of the ruling Saenuri Party, told reporters. Chung said his counterparts from the main opposition Minjoo Party and the People's Party will atte
PoliticsMay 10, 2016
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Diplomatic quandary looms over South China Sea dispute
South Korea is facing a diplomatic challenge as an international tribunal is expected to render its landmark ruling in the Philippines' legal battle against China over their dispute in the South China Sea as early as this month, observers said Tuesday. Although Seoul is not embroiled in any spat over the contested waters, it has been closely watching the maritime conflict that has escalated geopolitical tensions involving the United States and China -- its security ally and largest trading partn
Diplomatic CircuitMay 10, 2016
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NPS mulls bigger investment in global equities
Korea’s National Pension Service, which manages the world’s third-largest pension fund, said it planned to increase the fund’s allocation in global equities and reduce the proportion of local stocks in its mid-to-long-term fund investment portfolio.According to the plan drawn up at the NPS performance assessment committee’s meeting on Monday, the proportion of investment in overseas stocks will increase to 24.5 percent of the total fund by 2021 from the current 20 percent. The proportion of alte
May 10, 2016
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Bosch paintings draw record crowds on 500th anniversary
THE HAGUE (AFP) -- An unprecedented exhibition of bizarre and nightmarish works by Dutch master Hieronymus Bosch has drawn record crowds, organizers said Monday, half a millennium after they were painted. “Hieronymus Bosch -- Visions of Genius” wrapped up Sunday in the southern Dutch town of Den Bosch with more than 421,000 people visiting over the last three months. “It was easily the best visited exhibition in the almost 180-year history of the Noordbrabants Museum,” the museum said in a state
PerformanceMay 10, 2016
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Korean shipyards bag deals to build 9 ships through April
Korean shipyards, led by Hyundai Heavy Industries, have clinched new orders to build nine ships in the first four months of the year, accounting for 5 percent of new shipbuilding orders placed around the globe, industry data showed on Tuesday.According to global research firm Clarkson Research Services, Korean shipbuilders have racked up 200,000 compensated gross tons (CGTs) in shipbuilding orders during the January-April period, while their Chinese and Japanese rivals have won 1.92 million CGTs
IndustryMay 10, 2016
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Three public energy firms saddled with debts
Korea's three major energy-related public companies are to pay back more than 8 trillion won ($6.8 billion) in debts maturing this year, which stemmed from their heavily leveraged investments in overseas energy assets, government data showed Tuesday.The Korea National Oil Corp. (KNOC), the Korea Gas Corp. (KOGAS) and the Korea Resources Corp. (KORES) carry a collective maturing debt of 8.29 trillion won to be paid back by the end of 2016, according to the All Public Information In-One (ALIO)."To
IndustryMay 10, 2016
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Improving domestic demand props up economy, offsets faltering exports
Korea's domestic demand seems to support the entire economy despite faltering exports stemming from weakening global demand, a government report showed Tuesday."Domestic demand, particularly private consumption, has been getting better recently, although exports have been on the decline," the finance ministry said in its monthly economy assessment report.The report is based on the latest economic indicators on such key factors as output, exports, consumption and corporate investment that could p
May 10, 2016
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BOK expected to hold key rate frozen in May: poll
Korea's central bank will likely hold its key rate steady this month, extending its wait-and-see mode amid what many observers have called mild signs of recovery, a poll showed Tuesday.In a poll conducted by Yonhap Infomax, the financial news arm of Yonhap News Agency, 16 out of 18 economists surveyed forecast the Bank of Korea (BOK) to again hold its policy rate frozen at its monthly rate-setting meeting scheduled for Friday. Bank of Korea (Yonhap)The key rate currently stands at 1.5 percent. T
May 10, 2016
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Hyundai Motor's cumulative sales in India top 4 mln
Hyundai Motor, Korea's leading automaker, has sold more than 4 million cars in India since its advance into the market about 20 years ago, industry data showed Tuesday.Hyundai Motor opened its local corporate body in India in 1995, with its first plant there going into operation in 1998. It opened a second plant in 2008, which raised its annual production capacity to 650,000 units.According to the data, Hyundai Motor's cumulative car sales in India surpassed the 4 million mark in November last y
MobilityMay 10, 2016
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FKI presses for seven regulatory reforms to create jobs, added value
Reforming key regulations particular to Korea will create more than 63 trillion won ($53.89 billion) in added value and 923,000 jobs, a leading business organization argued in a report Tuesday.The Federation of Korean Industries (FKI), membered by conglomerates, specified seven types of regulations that govern business and investment activities, ranging from factory construction in or near Seoul and private investment in hospitals to businesses that can only be engaged in by smaller companies. S
May 10, 2016
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SK Telecom hints at possible scrap of mega-merger plan
Korea's top mobile carrier SK Telecom said its bid to take over the country's top operator of cable channels may end in vain, industry sources said Tuesday, marking the first time for the company to express a negative stance on the project.In the report handed to the New York Stock Exchange last month, SK Telecom said it may not succeed in carrying out the deal if it fails to earn the government's approval. It marked the first time for the company to make a comment on a possible rupture of the d
IndustryMay 10, 2016