Most Popular
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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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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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Thousands rally in Seoul to call for Yoon resignation
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FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
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Same-sex couple denied insurance clearance despite landmark ruling
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Panmunjom tours for select Korean nationals may resume in October
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Young Poong says no better offer for Korea Zinc
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Shinhan Financial leads in Q1 earnings
First-quarter earnings reports show Shinhan Financial Group cementing its lead in the local banking sector, with a 30 percent increase in net profits. The group’s net profit in the January-March period stood at 771.4 billion won ($670.7 million), up 30.3 percent from the same period last year, the company said in a regulatory filing last week. From three months earlier, the tally marked a spike of 90.9 percent. “Improvements in banking, with a pickup in the net interest margin, had a big role (i
April 24, 2016
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[FEATURE INTERVIEW] For young immigrants, life in Korea can be constant struggle
When Kim Eun-hyung arrived in South Korea from China in 2008, at age 14, he didn’t speak a word of Korean. Prior to his arrival, he had been living alone with his maternal grandfather in China’s Fushun, Liaoning province, as his mother had moved to Korea by herself upon her marriage to a South Korean national.“My biological father died about five months after I was born,” the 22-year-old said in an interview with The Korea Herald. “My mother and I moved a lot while living in China. As a result I
Social AffairsApril 24, 2016
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Watchdog looking into former chair’s disposal of Hanjin Shipping shares
Korea’s financial watchdog is reportedly looking into the disposal of Hanjin Shipping shares by its former chairwoman before news broke on the firm’s move to seek a creditor-led rehabilitation last Friday. According to multiple reports, the Financial Supervisory Service suspects that Choi Eun-yeong, the shipping line’s chairwoman until 2014, may have gotten tips from company insiders about its fate and divested out of her equity investment in the firm before news reached the market, a violation
April 24, 2016
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CJ opens second cultural space ‘Azit’
CJ Group has opened its second production studio and performance hall to support new artists in commemoration of the 10th anniversary of its CJ Culture Foundation, the group said Sunday.“Just as CJ Group pioneered the culture industry 20 years ago and helped to develop the industry, the CJ Culture Foundation will provide a space where talented artists can grow and complete a virtuous cycle within the cultural ecosystem,” CJ Corp. vice chairman Lee Chae-wook said in an official statement.Artists,
IndustryApril 24, 2016
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[Herald Review] Ok Joo-hyun dazzles as seductress Mata Hari
Tackling the highly-anticipated role of the world’s most notorious female spies, Ok Joo-hyun is simply unforgettable as leading lady in the new musical, “Mata Hari at the Moulin Rouge.” In a world premiere production brought to us by the collective the minds of Tony Award-winning Broadway megastars – director-choreographer Jeff Calhoun, with music by Frank Wildhorn, lyrics by Jack Murphy and writer Ivan Menchell – all eyes were on the former K-pop star-turned-musical actress as the sinfully all
PerformanceApril 24, 2016
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N.K. SLBM launch represents open provocation that requires appropriate response: govt
South Korea strongly condemned North Korea for its test of another submarine-launched ballistic missile (SLBM) on Sunday, vowing to take "necessary steps" including those at the U.N. Security Council (UNSC) in tandem with the international community.The North's state media claimed that it successfully conducted an SLBM launch in the East Sea with its leader Kim Jong-un observing the test. Seoul's Joint Chiefs of Staff said the test might have been a failure given that it only traveled 30 kilomet
North KoreaApril 24, 2016
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Processed food exports to China up 18% in 2015
Korean processed food exports to China saw a nearly 20 percent increase in 2015 despite an overall drop in total China-bound exports, data showed Sunday.According to figures released by the Korea International Trade Association, Korea exported $623 million of processed food to China last year. This showed an 18.2 percent increase from the previous year‘s $527 million. (Yonhap)Processed food was the only product category that grew by double digits last year. Total shipments from Korea to China fe
IndustryApril 24, 2016
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[Raul S. Hernandez] The way forward on South China Sea dispute
The steady economic growth of the Asia-Pacific has transformed lives and the future of millions of people. The Philippines and the Republic of Korea are part of this evolving story. Yet this region is witnessing profound shifts in its strategic landscape. There are challenges and disputes, which, if not managed wisely, could bring uncertainties to the economic and security environment. One of the most pressing challenges is keeping a predictable and peaceful maritime order, particularly in the
ViewpointsApril 24, 2016
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‘Uncontrollably Fond’ to simulcast in China, U.S.
Still from teaser video of "Uncontrollaby Fond" (KBS)The upcoming KBS TV drama “Uncontrollably Fond” will be simulcast in various countries, according to its production company, Samhwa Networks.In an interview with a local media outlet, Samhwa announced its plans to simultaneously broadcast the TV drama in both South and North America, as well as in China, Taiwan and Hong Kong.In China, the drama will air on video-streaming service Youku, while it will be broadcast in the U.S. via DramaFever. Fo
TelevisionApril 24, 2016
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[Gregory Mathieu] Poker's killing the Russian chess star
Among the many weighty questions that Russia’s government has struggled with in recent months -- of war and peace, budget cuts and sanctions -- is this one: Is poker a game of skill or chance?The answer is far from trivial. It will go a long way to determining whether Russia can legalize online poker, and so bring the craze for the game which has swept the nation in recent years within reach of the nation‘s tax collectors. It’s a debate that‘s closely bound up with the fate of Russia’s proud tra
ViewpointsApril 24, 2016
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[Noah Smith] Want to fix education? Look at the evidence
In 1974, physicist Richard Feynman derided education research as a form of pseudoscience.He wrote: “I found (pseudoscientific) things that even more people believe, such as that we have some knowledge of how to educate. There are big schools of reading methods and mathematics methods, and so forth, but if you notice, you’ll see the reading scores keep going down. … There’s a witch doctor remedy that doesn’t work. It ought to be looked into: How do they know that their method should work?”Four de
ViewpointsApril 24, 2016
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[Editorial] Illegal migrants
Dozens of Thais have seemingly attempted illegal residency in South Korea after allegedly disguising themselves as supporters of a professional soccer team from Thailand, which held a match with a Korean team last Wednesday.According to the Thai team, about 40 of more than 100 supporters that accompanied the players vanished after passing through immigration at Incheon International Airport. Considering the immigration office rejected the entry of 13 of the 100-plus supporters, the 40 runaways a
EditorialApril 24, 2016
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[Editorial] 30 more minutes
Korea’s financial authorities are seeking to extend the daily trading session of the stock market by 30 minutes in the coming months. The closing time of the main and secondary bourses would be changed from the present 3 p.m. to 3:30 p.m.The Finance Ministry is fine-tuning details with the Financial Services Commission and the Korea Exchange before unveiling the plan and implementation date. It seems the government is set to notify the public of a trading hours extension based on a road map to r
EditorialApril 24, 2016
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[David Ignatius] A manifesto to mend U.S. politics
It has become a truism to say the American political system is suffering from dysfunction. But weirdly, even the insurgent candidates, Donald Trump and Bernie Sanders, don‘t talk much about how they would fix it. This is a populist insurgency without a clear manifesto.So it’s refreshing to hear Rep. John Sarbanes present a detailed action plan to repair what‘s broken. This proposal isn’t a cure-all. It wouldn‘t fix the immigration problem or fund Social Security or fight terrorism. But by changi
ViewpointsApril 24, 2016
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[Robert B. Reich] Benefits of taxing speculation
Why is there so little discussion about one of Bernie Sanders’ most important proposals -- to tax financial speculation?Buying and selling stocks and bonds in order to beat others who are buying and selling stocks and bonds is a giant zero-sum game that wastes countless resources, uses up the talents of some of the nation‘s best and brightest, and subjects financial market to unnecessary risk.High-speed traders who employ advanced technologies in order to get information a millisecond before oth
ViewpointsApril 24, 2016
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Man cuts himself, files false report to win back ex
A 22-year-old man identified by his surname Kim cut himself and pretended to have been robbed in an attempt to win back his ex-girlfriend, police said. He was arrested for obstruction of official duties on Sunday. According to Seodaemun police, Kim thought that if he was a victim of crime, his ex-girlfriend would return to him out of pity.He purposefully visited Seodaemun-gu, the northwestern area of Seoul where his ex-girlfriend lives, and cut himself on the left side of the abdomen. (Yonhap)He
Social AffairsApril 24, 2016
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Land and transport tops Assembly committee choices
The Land and Transport Committee is the panel lawmakers-elect would most like to join, while Defense is the least favorite, a recent survey showed.Among the 300 lawmakers-elect for the 20th National Assembly, 53 of them, or 17.7 percent, chose the Land Infrastructure and Transport Committee as the favorite to join, according to a survey conducted by Yonhap News Agency. They included 30 ruling Saenuri Party members, 22 from The Minjoo Party of Korea and one from People’s Party. The committee is c
PoliticsApril 24, 2016
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Habitual drunk drivers to have vehicles confiscated
Prosecutors and police announced Sunday stronger punishments for drunk driving, including confiscating the vehicles of habitual drunk drivers.The measures, to be enforced from Monday, include intensified criminal charges against passengers and applying additional punishment against drivers that have killed or seriously injured others by driving under the influence. (Yonhap)The move comes as the number of accidents involving drunk driving remains high. According to the National Police Agency, whi
Social AffairsApril 24, 2016
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Oxy suspected of watering down report
Oxy Reckitt Benckiser, which has been blamed for the deaths of at least 221 humidifier disinfectant users, was found to have countered the government’s health probe with their own research that suggested the deaths may have been caused by other factors, sources said Sunday.Victims of the toxic humidifier disinfectant, meanwhile, held a press conference followed by a closed-door meeting Sunday to discuss future measures and condemn the product manufacturers and distributors for their “manipulatio
Social AffairsApril 24, 2016
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Park to hold talks with newspaper, TV editors, gauge public opinion
President Park Geun-hye will hold talks with chief editors of leading newspapers and TV stations in South Korea next month to better gauge public opinion following the parliamentary election, the presidential office said Sunday.Cheong Wa Dae said the luncheon meeting will be held Tuesday and will be the first such gathering since the chief executive met with senior editorial writers in July 2013. In April 2013, two months into her administration, Park met chief editors of major news outlets to e
Social AffairsApril 24, 2016