Most Popular
-
1
Thousands rally in Seoul to call for Yoon's resignation
-
2
Suicide attempts spike among youth in Korea
-
3
Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
-
4
FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
-
5
[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
-
6
S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
-
7
Delta Air Lines to launch new Incheon-Salt Lake City route in June next year
-
8
Korean American documentary ‘Free Chol Soo Lee' wins Emmy
-
9
Korea, China, Japan vow to address yellow dust and climate change
-
10
4 in 10 illegal aliens entered S. Korea without visas last year: data
-
New author hopes her novel ‘The Nest’ lives up to its buzz
NEW YORK (AP) -- Cynthia D’Aprix Sweeney was on her way to meet her family for brunch in New York when she had an idea for the opening scene of her debut novel, “The Nest.” Sweeney imagined family members “all needing to meet but all needing a drink before they met and all getting their drink in proximity to each other without knowing that they were all doing the same thing,” she said in a recent phone interview from her home in Los Angeles. She was intrigued by why they needed to drink before s
BooksMarch 23, 2016
-
A stirring tale of Thomas Francis Meagher, ‘The Immortal Irishman’
“The Immortal Irishman: The Irish Revolutionary Who Became an American Hero” By Timothy Egan Houghton Mifflin Harcourt (384 pages, $28) Green beer aside, the most appropriate way to celebrate St. Patrick’s Day would be to learn more about one of Ireland’s greatest exports, Thomas Francis Meagher. And there’s no better way to do that than by reading this stirring and magnificent biography by Timothy Egan, “The Immortal Irishman: The Irish Revolutionary Who Became an American Hero.” Few people ha
BooksMarch 23, 2016
-
How CJ Group came to dominate the culture industry
“Creative Journey” By Ko Seong-yeon Yolimwon Publishing Group (280 pages, 13,800 won, $11.90)“Creative Journey” offers a case study into how a small sugar company grew to become CJ Group, a global lifestyle company and the nation’s largest cultural contents provider. Locally, the letters CJ have now come to represent Korea’s popular culture, from films, music, and TV programs to food, and the worldwide hallyu phenomena, writes author Ko Seong-yeon. Ko, a journalist with expertise in creative c
BooksMarch 23, 2016
-
Ambition and poverty in lives of rural Indian fishermen
“The Dance of the Sea” By Soosaiya Anthreas Gatekeeper Press (447 pages, $11.95) A long-winded tale of people battling for life in a slum fishing town in southern India, “The Dance of the Sea” spans the life of Sebastian, who seeks to escape his squalid hometown of belligerent, mostly uneducated fisherman. After successfully becoming an engineer under the pressure of his parents, he goes on to desert his lover and turn his back on his poverty-stricken sister. A tsunami wave later strikes his hom
BooksMarch 23, 2016
-
[Market Now] SK Telecom’s investment funds consider ‘options’ to exit Candle Media
Candle Media, a KOSDAQ-listed mobile content producer, said in its disclosure report Wednesday that its largest shareholders are considering “various options” with regards to their ownership in the company.It added, however, that no decisions have been made. This statement comes as the Korea Exchange sought clarification from the company to verify rumors that the company’s largest shareholders -- SK Telecom’s investment funds -- will sale their shares and exit the company on Tuesday.SK Telecom’s
March 23, 2016
-
U.S. envoy attacker gets additional 18 months for assaulting prison staff
A local court on Wednesday sentenced the 56-year-old man, who attacked the top U.S. envoy to South Korea last year, to an additional 18 months in prison for assaulting prison staff.The Seoul Central District Court found Kim Ki-jong guilty of hitting a prison officer and a surgeon when he was denied the right to go to a hospital for his ankle injury. The staff rejected Kim's request as the injury was treatable in jail, prosecutors said.Kim is currently serving a prison term for attacking U.S. Amb
World NewsMarch 23, 2016
-
Korea in talks with Japan over possible summit: report
South Korea and Japan are in talks on holding summit talks between their leaders in Washington next week, a news report said Wednesday.The two sides are coordinating the meeting on the sidelines of the Nuclear Security Summit set for March 31-April 1, Japan's Asahi Shimbun newspaper reported.Cheong Wa Dae, South Korea's presidential office, did not make any immediate reaction to the report.The meeting, if held, would be the first since December when Seoul and Tokyo produced a landmark deal on re
Social AffairsMarch 23, 2016
-
N. Korea is becoming strategic burden for China: experts
North Korea's relentless provocations are putting a dent in China's foreign policy and security initiatives, analysts here said Wednesday, noting Pyongyang is increasingly becoming a "strategic liability" to Beijing.The communist regime's evolving threats against Seoul and Washington have prompted the allies to seek a stronger missile defense and trilateral cooperation with Tokyo -- developments that could undermine Beijing's pursuit of a "peaceful" rise, the analysts noted.The reclusive regime'
North KoreaMarch 23, 2016
-
'Descendants of the Sun' hits Americas
South Korea's TV hit "Descendants of the Sun" has become the most-searched latest TV series on a U.S.-based global video-streaming site in the Americas, the service said Wednesday. The 16-episode series has been shown exclusively by Viki (www.viki.com) in the region for the past four weeks. With the first eight episodes uploaded, it has become the most-searched of the world's 50 latest TV series available on the site, the service provider said.The Korean show is currently available with subtit
TelevisionMarch 23, 2016
-
[Market Now] Pan Ocean secures shipping contract with Vale
Pan Ocean, a listed bulk carrier services company, said in its disclosure report Wednesday that it has secured a long-term contract to ship iron ore for Vale, Brazil’s metals and mining giant.The contract is worth some 419 billion won ($362 million), accounting for about 25 percent of Pan Ocean’s sales, the shipping company reported. Pan Ocean will start shipping iron ore for Vale from October this year to October 2036 via destinations including China, Malaysia and Brazil.Jeil Holdings is the la
March 23, 2016
-
POSCO merges two units in Mexico
South Korea’s top steelmaker POSCO said Wednesday that it has consolidated two of its local units in Mexico as a part of streamlining the firm’s businesses both at home and abroad.In a regulatory filing, POSCO said it recently merged the two companies in Mexico, both of which were 100 percent owned by POSCO America. The move is in line with the steel manufacturer’s ongoing reform efforts to restructure itself through asset sales and business consolidation to slim down and aim for more efficient
IndustryMarch 23, 2016
-
U.S. animal product imports rise after FTA
Imports of animal products from the U.S. increased after a bilateral free trade agreement went into effect four years ago, an analysis by the Korea Rural Economic Institute said Wednesday.The institute compared 2015 average imports with the annual average from 2007-2011. The Korea-U.S. FTA took effect in March 2012. U.S. beef on display at a local supermarket in Seoul. (Yonhap)The findings showed South Korea imported $1.76 billion worth of animal products in 2015, more than double the $823 mill
March 23, 2016
-
[Market Now] Korea Investment & Securities invests in Hyundai Capital bonds
Korea Investment & Securities has purchased bonds issued by Hyundai Capital Services, according to the auto financing company’s disclosure filing Wednesday.Hyundai Capital said that it has issued bonds worth 10 billion won through its manager Standard Chartered Bank Korea, and Korea Investment & Securities acquired all the bonds with a yield of 2.058 percent. The bonds’ maturity date is Dec. 21, 2020. Buildings of securities firms in Seoul (Yonhap)Korea Investment can demand a “put option” by re
March 23, 2016
-
Outside directors prefer scholars, entrepreneurs
South Korea’s major business groups picked scholars and corporate figures over retired public officers as outside directors this year, data showed Wednesday.According to corporate researcher CEO Score, 43.2 percent of 125 outside directors newly appointed at 94 listed firms affiliated with the nation’s top 30 conglomerates, came from academic and business circles. Entrance to the Seoul Bar Association (Yonhap)The number was up eight from last year’s figure. The data also showed that 40.8 percent
March 23, 2016
-
Ssangyong takes more than 2,200 preorders for Tivoli Air
Ssangyong Motor, owned by India’s auto giant Mahindra & Mahindra, said Wednesday that it has received over 2,200 preorders for its Tivoli Air that made its debut earlier this month. The Tivoli Air is a long-body version of its popular Tivoli crossover sport utility vehicle, which a large part of its domestic and overseas sales throughout last year. Ssangyong’s Tivoli AirThe automaker started receiving preorders since March 2, and delivery began on March 8. So far this month, the Tivoli and the
IndustryMarch 23, 2016
-
Russian, Liberian jailed for swindling Korean’s money
A Russian and Liberian who blackmailed a Korean man for cash have been sentenced to four months in prison, suspended for a year, the court said Tuesday.They had already been jailed for six months for fraud. But the prosecutors added a charge of perjury, which led the court to additionally hand down the suspended six-month prison term. The 28-year-old man from Liberia and 32-year-old woman from Russia, who were in a relationship, conspired with a Ukrainian woman to swindle a Korean man via social
Social AffairsMarch 23, 2016
-
[Super Rich] Son strives to keep father’s legacy alive
Choi Shin-won, the second son of the late SK Group founder Choi Jong-kun, returned to the conglomerate’s corporate board a year after he stepped down as CEO of its petrochemical affiliate SKC in March 2015, while retaining the title of chairman. This time around, the 64-year-old scion -- a cousin of SK Group chairman Chey Tae-won -- has made his comeback to SK Networks. Last Friday, the annual shareholders meeting of SK’s integrated marketing company approved his appointment to the board and tit
BusinessMarch 23, 2016
-
Young footballers enter survival mode ahead of Olympics
South Korea have already qualified for the men's football tournament at the Rio de Janeiro Summer Games after finishing second at the Asian Football Confederation (AFC) U-23 Championship in January, but that doesn't mean players can afford to relax.For footballers aged under 23, the competition for roster spots is just heating up, with no one having been guaranteed a spot on the final 18-man roster. For them, the two friendly matches against Algeria this month is a great opportunity to impress h
SoccerMarch 23, 2016
-
No confirmed South Korean victims in Brussels blasts: official
There are as of yet no confirmed South Korean victims related to Tuesday's bombings in Brussels, Belgium, that left dozens of people dead and some 200 injured, a Seoul government official said Wednesday."We understand that Belgium has been notifying governments around the world of any casualties. But we have not been notified of any South Korean casualties," the official told Yonhap News Agency, declining to be named.But observers say that it would take time to verify the exact identities of all
Social AffairsMarch 23, 2016
-
Preorders surge for 'Descendants of the Sun' soundtrack
The original soundtrack album of the hit television series "Descendants of the Sun" has raked in jaw-dropping preorders since being made available only three days ago, industry data showed Wednesday. The preorders of the OST album broke the 10,000 mark on March 18, thanks to the unchallenged boom of the military romantic television series, according to the data provided by local drama OST music distributor MUSIC&NEW.Preorders were launched online on March 16, a week before the album is released
PerformanceMarch 23, 2016