Most Popular
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Seoul should engage Kim Jong-un’s elites for change, ex-North Korean diplomat says
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Thousands rally in Seoul to call for Yoon's resignation
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Most teen sex offenders get away with slap on wrist
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Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
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FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
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Suicide attempts spike among youth in Korea
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[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
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Delta Air Lines to launch new Incheon-Salt Lake City route in June next year
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4 in 10 illegal aliens entered S. Korea without visas last year: data
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Trade ministers of S. Korea, China hold talks in Beijing
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Museum invites visitors into colorful world of Eric Carle
ATLANTA (AP) -- Atlanta's High Museum of Art is inviting visitors into a colorful world populated by playful animals and imaginative children. "I See a Story: The Art of Eric Carle" opened Saturday and features more than 80 collages from 16 books by the author of children’s favorites like "The Very Hungry Caterpillar" and "The Grouchy Ladybug." Carle's bright images explore themes including childhood, nature and journeys. Adults can revel in the nostalgia of books they read as children or read t
BooksApril 3, 2016
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Korean won gains fastest among Asian currencies
The Korean won gained the fastest among Asian currencies last month on the back of the U.S. Federal Reserve’s dovish stance on raising interest rates and slower depreciation of the Chinese yuan, according to data by Yonhap Infomax and Capital Economics.The Korean strengthened against the U.S. dollar by 8.15 percent in March, the highest gain followed by the Malaysian ringgit’s 7.97 percent appreciation; Singaporean dollar’s 4.32 percent; Taiwanese dollar’s 3.44 percent; Philippine peso’s 3.16 pe
April 3, 2016
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[Market Now] Korean won gains fastest among Asian currencies
The Korean won gained the fastest among Asian currencies last month on the back of the U.S. Federal Reserve’s dovish stance on raising interest rates and slower depreciation of the Chinese yuan, according to data by Yonhap Infomax and Capital Economics.The Korean strengthened against the U.S. dollar by 8.15 percent in March, the highest gain followed by the Malaysian ringgit’s 7.97 percent appreciation; Singaporean dollar’s 4.32 percent; Taiwanese dollar’s 3.44 percent; Philippine peso’s 3.16 pe
April 3, 2016
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‘New car effect‘ lifts domestic car sales in March
Domestic car sales by the five Korean carmakers soared 17 percent to 148,888 units in March from the same period last year, bolstered by the “new car effect” and the extension of tax cut benefits on car purchases by June, data compiled by each company said. But the five companies with production lines here -- Hyundai, Kia, General Motors Korea, Renault Samsung and Ssangyong Motor – saw their overseas sales drop 4.3 percent on-year last month, the data showed. When it comes to domestic sales, the
MobilityApril 3, 2016
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Samsung’s Remicade biosimilar recommended for EU approval
South Korean biosimilar developer Samsung Bioepis said Saturday that Flixabi, its biosimilar drug referencing Johnson & Johnson’s Remicade (infliximab), has been recommended for approval in the European Union. The European Medicines Agency’s Committee for Medicinal Products for Human Use has adopted a “positive opinion” on Flixabi for the treatment of a number of diseases including rheumatoid arthritis, Crohn’s disease, and ulcerative colitis, according to Bioepis.Samsung Bioepis president and C
IndustryApril 3, 2016
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Honda Korea targets 20% share in motorcycle market
Japanese automaker Honda Motor unveiled its new dual-sport motorcycle Africa Twin and concept trike Neowing here, targeting a greater share of the Korean market. “We are aiming to sell 16,000 units this year to grab a 20 percent share in the local market,” said Seo Jung-min, an executive of Honda Korea, at the launch of the Seoul Motorcycle Show 2016, held on March 31. Honda’s dual-sport motorcycle Africa Twin (Honda Korea)Honda was the third-largest player in the segment with a 17 percent marke
MobilityApril 3, 2016
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New high school entrants to decrease by over 100,000 by 2018
The number of students entering high schools in South Korea is forecast to dip by more than 100,000 over the next two years, a government report said Sunday, signaling an upcoming demographic upheaval caused by the nation's falling birthrate.The Ministry of Education said the number of new entrants into high schools nationwide will fall to 526,895 in 2017, down about 70,000 from this year's 596,066.According to the ministry's prediction, the figure will again decrease by about 63,900 to 462,990
Social AffairsApril 3, 2016
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Son Yeon-jae earns personal-best score in individual all-around at Pesaro World Cup
South Korean rhythmic gymnast Son Yeon-jae established a personal best in the individual all-around at an International Federation of Gymnastics competition in Italy on Saturday but failed to grab a medal. Son earned a career-high 73.900 points in total from hoop, ball, clubs and ribbon over two days at the season's third FIG World Cup in Pesaro, Italy. This was 0.350 points higher than her previous best score at the FIG World Cup in Espoo, Finland, in February.Son was fourth after the hoop and
More SportsApril 3, 2016
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Korea, Japan practice sharing info during missile defense drill
South Korea and Japan practiced sharing information during an international missile defense exercise led by the United States, bolstering their defense ties in response to growing threats from North Korea, sources said Sunday.The two countries paired up in the drill, called Nimble Titan 16, where some 20 countries participated to practice information sharing, offense operations and anticipatory self-defense.The five-day training, which took place in February, was based on a mock submarine-launch
DefenseApril 3, 2016
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Cambodia-bound plane makes unscheduled landing on Jeju due to radar problems
An Air Busan plane bound for Cambodia from South Korea's Busan made an unscheduled landing on Jeju Island after its weather radar malfunctioned, airport and airline officials said Sunday.The low-cost carrier's A321-200 plane with about 180 passengers and crew left Gimhae International Airport at 8:05 p.m. for Cambodia on Saturday but detected an unusual signal demanding a checkup of its weather radar 1 1/2 hours later, the officials said.After deciding to turn around, the plane landed at Jeju In
Social AffairsApril 3, 2016
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Park arrives in Mexico for talks with Pena Nieto
South Korean President Park Geun-hye arrived in Mexico City Saturday for next week's talks with her Mexican counterpart Enrique Pena Nieto.The two leaders are set to meet on Monday to discuss a wide range of issues, as well as how to cooperate on the faithful and effective implementation of the U.N. sanctions, according to South Korean officials.The U.N. Security Council has slapped North Korea with the toughest-ever sanctions on North Korea to punish the communist country for its fourth nuclear
North KoreaApril 3, 2016
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Park leaves for Mexico for talks with Pena Nieto
South Korean President Park Geun-hye left for Mexico City Saturday for next week's talks with her Mexican counterpart Enrique Pena Nieto.The two leaders are set to meet on Monday to discuss a wide range of issues, as well as how to cooperate on the faithful and effective implementation of the U.N. sanctions on North Korea, South Korean officials said.The U.N. Security Council has slapped North Korea with the toughest-ever sanctions punish the communist country for its fourth nuclear test on Jan.
North KoreaApril 3, 2016
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After Obama visit, Cubans await change ? but wonder how soon
HAVANA (AP) – In the garage of his home in a rough-and-tumble Havana neighborhood, Rolando Alfonso is fixing up a 1960 Oldsmobile he hopes will be a ticket to a more profitable future: Driving tourists around Cuba. After President Barack Obama's visit to the city last week, he's more optimistic than ever that his vision might become reality. ``The horizon of prosperity is much closer,'' said Alfonso, 46, a married father of two. ``Before it was a sliver of light in the distance. Now the light is
World NewsApril 2, 2016
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Obama says Trump doesn't know much about foreign policy
WASHINGTON (AFP) – President Barack Obama scathingly dismissed White House hopeful Donald Trump's foreign policy proposals on Friday and warned that the world was watching the upcoming US election.At the end of a summit on nuclear security that Obama hosted in Washington, he was asked about Trump's suggestion that Japan and South Korea develop their own nuclear weapons."The statements you mentioned, what do they tell us?" Obama demanded, rhetorically."They tell us the person who made the stateme
World NewsApril 2, 2016
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N. Korea sending GPS jamming signals for 3rd day: Seoul
(Yonhap) – South Korea's ICT ministry said Saturday that North Korea has sent signals to jam GlobalPositioning Systems (GPS) in South Korea for the third consecutive day despite Seoul's warning, but no serious damage has been reported.The government strongly warned North Korea on Friday to immediately end its GSP-disrupting provocations as such actions defy international norms. South Korean vessels reported they experienced problems with their GPS navigation system as North Korea has been sendin
North KoreaApril 2, 2016
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After 10 days, Brussels airport remains closed to passengers
BRUSSELS (AP) – Struck by suicide bombers 10 days ago, the airport known as ``the heart of Europe'' has stopped beating temporarily, causing headaches for thousands of business and vacation travelers, and painful financial losses for Belgium's capital and tourism industry.It's still unclear when Brussels Airport will reopen. But a key hurdle appeared to have been cleared Friday evening when police unions, which had threatened a strike, reached a preliminary deal with government negotiators on ho
World NewsApril 2, 2016
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N. Korean leader resumes military activity after eight days
(Yonhap) – North Korean leader Kim Jong-un inspected the firing of a surface-to-air guided missile in his first military-related public activity in about eight days, state media said Saturday.Kim was last seen visiting a military unit on March 25 to inspect a long-range artillery exercise. He has since been making field tours in the economic sector apparently to show that he cares about the livelihoods of ordinary people and the country's moribund economy.Kim "guided the test of a new-type anti-
North KoreaApril 2, 2016
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WHO says new case of Ebola confirmed in Liberia
MONROVIA, Liberia (AP) — A new case of Ebola has been confirmed in Liberia, the World Health Organization said Friday, a setback for the country which had been declared free from Ebola transmissions in January.Health authorities at the Redemption Hospital in the densely-populated New Kru Town suburbs of Monrovia said a 30-year-old woman died of Ebola.The woman died Thursday night, said the head of Liberia's Ebola response, Tolbert Nyenswah.Health workers prepare to collect the ashes of people th
World NewsApril 2, 2016
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Two budget carriers fined for flight safety violations
Korea’s two budget carriers have been slapped with 600 million won ($524,000) in fines for breaching flight safety regulations, the transportation ministry said Friday.The Ministry of Land, Infrastructure and Transport imposed the highest financial penalty on Jeju Air Co., owned by mid-sized retailer Aekyung Group, and Jin Air Co., a low budget airline unit of Korean Air Lines Co.An airplane of Jeju Air had to drop to an altitude of 8,000 feet from 18,000 ft on its way to Jejudo Island from Seou
IndustryApril 1, 2016
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[Weekender] Art auction boom lifts shares of Seoul Auction
Shares of Seoul Auction, the only listed art auction house in Korea, rallied on a rosy outlook for its 2016 performance in the beginning of the year. The company shares hit a record high of 24,950 won ($21.70) on Jan. 19. NH Investments and Securities forecast the company’s operating profits will soar to 21.6 billion won this year, up 43.5 percent from 2014, thanks to increased global interest in Korean monochromatic paintings.The firm’s revenue is also expected to jump to 71.9 billion won this
IndustryApril 1, 2016