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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Ticket Monster CEO eyes profit turnaround in two years
The head of Ticket Monster, South Korea’s No. 3 e-commerce operator by sales, said Tuesday his company is expected to turn a profit in two years by attracting more customers with a better search engine and payment system. Ticket Monster’s 2015 sales rose 24 percent on-year to 196 billion won ($167.5 million), but it logged an operating loss of 145 billion won due to huge investment in a mobile shopping system and low margin policy. It opened “Super Mart,” which sells daily necessities at the low
IndustryMay 10, 2016
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Marble Rodin sculpture fetches record price at NY auction
NEW YORK (AP) -- A rare marble sculpture by Auguste Rodin sold for a record $20.4 million at Sotheby’s sale of impressionist and modern art. Rodin’s “Eternal Springtime” was created out of a single block of marble in 1901-1903. It features a floral motif base of two lovers in a passionate embrace and is believed to be the fifth in a series of 10 known carvings of the subject that Rodin created in marble. Rodin’s “Eternal Springtime” is viewed during the spring auction preview at Sotheby’s, in N
PerformanceMay 10, 2016
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Korean shipbuilders suffer W6.5t won loss in 2015
Shipbuilding-related companies in South Korea suffered an operating loss of 6.5 trillion won ($5.5 billion) last year, up 60 percent from a year earlier, industry data showed Tuesday.The nation’s top three shipyards -- Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries -- accounting for about 90 percent of the nation’s top 100 shipbuilders, logged 6.4 trillion won of operating losses, said the Korea 20000 Corporate Research Institute, Hyundai Heavy I
IndustryMay 10, 2016
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Seoul shares open slightly higher
(Yonhap)Korean share prices started higher on Tuesday as large caps traded mixed amid a lack of momentum.The benchmark Korea Composite Stock Price Index rose 1.03 points, or 0.05 percent, to 1,968.84 in the first 15 minutes of trading.Automakers such as Hyundai Motor and Kia Motors recovered the ground they lost in Monday’s session. Major brokerages, including Samsung Securities, also got off to a strong start, but Samsung Electronics opened in the negative, along with tobacco producer KT&G and
May 10, 2016
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Jeju feared to become hotbed of visa overstayers
The number of people who have stayed beyond their legal visits has been on a continuous increase in South Korea, with the visa-free Jeju Island in particular feared to become the hotbed for such visa violations. The increase has naturally led to a jump in illegal entry and employment. According to the Justice Ministry, the number of so-called overstayers in the country has shown a surging trend in recent years -- 167,780 in 2011, 177,854 in 2012, 183,106 in 2013, 208,778 in 2014 and 214,187 last
Social AffairsMay 10, 2016
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Popular TV show stokes Chinese demand for Korean cosmetics
At an upscale department store near the Wangfujing shopping street in Beijing, a 21-year-old university student Zhang Yang was browsing an aisle featuring South Korean cosmetics brands. "I want to look like Song Hye-kyo from 'Descendants of the Sun,'" Zhang said with a grin, referring to the heroine of the popular Korean TV drama. To help make her dream at least a temporary reality, the store provides Zhang with free makeup lessons with a wall-sized poster of the Korean TV drama greeting custome
TelevisionMay 10, 2016
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China's Xi sends congratulatory letter to N. Korea's Kim Jong-un
Chinese President Xi Jinping has sent a congratulatory letter to North Korean leader Kim Jong-un, who has been given the new title of the chairman of the Workers' Party of Korea during a key party congress, the North's state media said Tuesday.The North's official Korean Central News Agency (KCNA) said that Xi sent the letter to Kim on Monday. The key party congress, the first in 36 years, opened Friday and ended Monday. In the letter, Xi said he offers "fervent" congratulations to Kim on behalf
North KoreaMay 10, 2016
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N.K. adopts decision to elect its leader as ruling party's chairman
North Korea has adopted a decision to elect its leader Kim Jong-un as the chairman of the ruling Workers' Party of Korea (WPK), the North's state media said Tuesday, a move aimed at bolstering the leader's tight control on power.The Korean Central News Agency (KCNA) said that the North's leader was elected to the "top post" of the ruling party -- chairman of the WPK -- at the first party congress in 36 years, which concluded its four-day run Monday.The country revised its party rules, which stip
North KoreaMay 10, 2016
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Rhythmic gymnast Son Yeon-jae wins individual all-around at Asian Championships
South Korean rhythmic gymnast Son Yeon-jae won the individual all-around at the eighth Rhythmic Gymnastics Asian Championships in Uzbekistan, becoming the first athlete to triumph in the event three consecutive times.In Tashkent on Monday (local time), Son earned 73.750 points in total from hoop, ball, ribbon and clubs after two days at the Asian Championships. She beat Elizaveta Nazarenkova of Uzbekistan by 2.3 points to defend her Asian individual all-around title, which she previously claimed
More SportsMay 10, 2016
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U.S., S. Korea should demonstrate N. Korea won't be recognized as nuclear state: U.S. expert
North Korea appears to believe the international community will end up recognizing it as a nuclear state, and it's important for the United States and South Korea to demonstrate that it will never be the case, a U.S. expert said Monday.North Korean leader Kim Jong-un told the Workers' Party Congress on Sunday that he will "permanently" defend the pursuit of his trademark "byeongjin" policy" of simultaneously seeking nuclear and economic development, making clear that he has no intentions to give
North KoreaMay 10, 2016
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S. Korea, U.S. hold defense talks to cope with N.K. threats
Senior defense and foreign policy officials of South Korea and the United States held talks in Washington on Monday as the two allies seek to cope better with growing nuclear and missile threats from North Korea.The Korea-U.S. Integrated Defense Dialogue brought together Deputy Defense Minister Yoo Jeh-seung and Assistant Secretary of Defense David Shear, along with Abraham Denmark, deputy assistant secretary of defense for East Asia, and Elaine Bunn, deputy assistant secretary for nuclear and m
North KoreaMay 10, 2016
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Korea bestows state medal on late U.S. senator
South Korea posthumously bestowed a state medal on late U.S. Senator George W. Norris on Monday in recognition of his contribution to Korea's efforts to win independence from Japan's colonial rule in the early 20th century.South Korean Ambassador Ahn Ho-young handed the National Medal of the Order of National Foundation Merit to the late senator's great-grandson David Norris Rath on behalf of the government in a ceremony at the ambassador's residence.Norris served as a member of the House of Rep
Social AffairsMay 10, 2016
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N.K. leader given new title as ruling party chairman
North Korean leader Kim Jong-un was elected as the chairman of the ruling Workers' Party of Korea (WPK) at its rare party congress, the North's state media said, a move aimed at bolstering the leader's monolithic power.Wrapping up the four-day long congress of the WPK, North Korea announced Monday that its leader was bestowed with a new title of the WPK's chairmanship, according to the country's state-run television broadcaster.Kim has been at the top post of the ruling party, but his previous t
North KoreaMay 10, 2016
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Investigation underway over cracks seen in several indigenous choppers
The South Korean military opened an investigation into the indigenously developed military helicopter Surion after some of the fleet had cracked windshields and other cracking problems, the defense procurement agency said Monday."Some of the (locally operational) 40 or so Surions have shown problems on their airframes," Kim Si-cheol, spokesman at the Defense Acquisition Program Administration (DAPA), said in a press briefing earlier in the day.Currently, the DAPA is consulting the chopper's prod
DefenseMay 9, 2016
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N.K. leader given new title as ruling party chairman: report
North Korean leader Kim Jong-un has been given the new title of the chairman of the ruling Workers' Party of Korea (WPK) in a high-profile party congress which kicked off last week, a Japanese media report said Monday.At the first party congress in 36 years, the North's leader was bestowed with the newly-created title earlier in the day, according to Japan-based broadcaster NHK.The decision came as the country planned to elect the North's leader to "the top post" of the WPK at the party gatherin
North KoreaMay 9, 2016
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[Newsmaker] Musk's strategy: Win big by falling short
Tesla Motors Inc.'s Chief Executive Officer Elon Musk is known for making the future come early. And yet, somehow, he's always running behind schedule. Some would call this a failure of management. But it might just be a business strategy: call it the Musk Doctrine. It goes something like this: People only do paradigm-shifting work when they’re under tremendous pressure, so the key is to ensure deadlines are always impossible. This could help explain why Musk has never launched a product on time
MobilityMay 9, 2016
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Park faces North Korea legacy challenge
Relations between the two Koreas are set to go farther downhill as no fresh reconciliatory gestures are coming out of the North’s ongoing party congress, while defiant leader Kim Jong-un has reasserted the country’s commitment to nuclear weapons. The unrelenting tension, which intensified after Pyongyang’s latest nuclear and missile tests early this year, poses a deepening challenge to President Park Geun-hye as she may conclude her five-year term without a solid legacy in cross-border ties -- d
North KoreaMay 9, 2016
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[Graphic News] Primary sector workers show highest fatalities among cancer insurance policyholders
Primary sector workers such as farmers, fisherman and miners have the highest annual death rate among cancer insurance policyholders in Korea, industry data showed Monday. Among 12 occupational groupings, male workers in the agriculture, fishing, mining, livestock and fishing industries had the highest death rate among cancer insurance policyholders at 0.6 percent in 2014, according to the Korea Insurance Development Institute. Male fatalities in the sector came to 628 during the year among a to
May 9, 2016
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Air pollutants blamed for rising birth defects in South Korea: study
The number of South Korean babies with birth defects has increased significantly since the early 1990s, likely due to traffic-related air pollutants and endocrine disruptors, a study showed Monday. The report, by Inha University’s Social and Preventive Medicine department, researched the national health insurance data of 403,250 infants aged 0-1 living in Korea’s seven metropolitan areas between 2009 and 2010. It found that 5.5 percent of all infants researched during the period had birth defe
Social AffairsMay 9, 2016
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More young children addicted to smartphone, Internet in Korea: survey
A government study showed Monday that as of this year nearly 14 percent of South Korean schoolchildren are addicted to either smartphones or the Internet. By surveying 1.5 million students aged 11, 13 and 15, the study found that 200,000 of them were obsessed with their devices, with 55,000 of them addicted to both the Internet and smartphones. Notably, the number of 11-year-olds -- fourth graders in elementary schools -- who are at risk of Internet or smartphone addiction increased from the ye
Social AffairsMay 9, 2016