Most Popular
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Thousands rally in Seoul to call for Yoon's resignation
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Suicide attempts spike among youth in Korea
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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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[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
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Korean American documentary ‘Free Chol Soo Lee' wins Emmy
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S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
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Immigration policy must go beyond labor supply: experts
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Korea, China, Japan vow to address yellow dust and climate change
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4 in 10 illegal aliens entered S. Korea without visas last year: data
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KT&G brands make inroads in U.S., Africa, Latin America
Nearly 40 percent of tobacco manufacturer KT&G’s sales abroad last year were in relatively new markets such as the U.S., Africa, South America and Asia-Pacific, according to the company Wednesday.KT&G said that of the 46.5 billion cigarettes sold abroad in 2015, 39.6 percent (18.4 billion cigarettes) were sold in these markets. A customer buys a pack of KT&G’s TIME cigarettes at a store in the U.S. (KT&G)These markets’ share of sales has increased 2.5 times since 2010.The most notable surge was
IndustryMarch 16, 2016
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KT&G‘s sales rise in U.S., Africa
South Korea’s largest tobacco maker KT&G has been ringing up bigger sales in the U.S. and Africa, according to data released Wednesday.In 2015, nearly 40 percent of KT&G’s exports were to these and other markets it has been expanding into, including Latin American and Asia-Pacific nations. The ratio reflects an increase from 2010 when KT&G exports to such markets had accounted for just 15.4 percent of its total overseas sales. In total, the company shipped out 46.5 billion cigarettes last year.B
IndustryMarch 16, 2016
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Hyundai Heavy issued 120 billion won tax bill
Hyundai Heavy Industries has been levied 120 billion won ($100 million) in taxes, according to industry sources on Wednesday. The country’s tax authorities reportedly informed Hyundai Heavy of the additional tax imposition. Hyundai Heavy is considering filing a request of review over the matter.The move comes as the South Korean shipyard struggles to extricate itself from debt after suffering massive losses for a second consecutive year on increased costs and an industry-wide slump. For the past
IndustryMarch 16, 2016
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Seoul shares trading flat ahead of Fed meeting results
South Korean shares ended the morning session just barely in the positive on Wednesday as investors wait for results from the two-day U.S. Federal Open Market Committee meeting that ends today.The benchmark Korea Composite Stock Price Index gained 3.91 points, or 0.2 percent, to 1,973.88 in the first 15 minutes of trading. As of 12:04 p.m., it was trading 0.19 percent higher at 1973.67 points. Traders monitor South Korean share prices at a local bank. (Yonhap)Overnight, the Dow Jones industrial
March 16, 2016
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N.K. may make provocations ahead of party event in May: experts
North Korea may conduct another nuclear test or launch a long-range rocket ahead of its key party congress in May to maximize the impact of its provocations, experts said Wednesday.North Korea said Tuesday it plans to carry out nuclear warheads and ballistic missiles tests "in a short time" in an apparent show of its defiance against tougher United Nations Security Council sanctions.The North's threats have raised the possibility that Pyongyang may make more nuclear and missile provocations this
North KoreaMarch 16, 2016
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Opposition lawmaker moves to minor opposition party
Rep. Chyung Ho-joon, who had failed to receive the main opposition party's ticket to run in the April 13 general elections, joined the minor People's Party on Wednesday.Chyung's move allows the People's Party to form a parliamentary negotiation bloc by having 20 seats in the 300-strong National Assembly. Last week, the main opposition Minjoo Party of Korea named candidates for parliamentary seats to be contested in the April 13 polls, but excluded Chyung and other veteran politicians, including
PoliticsMarch 16, 2016
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Park to attend Nuclear Security Summit in U.S.
President Park Geun-hye plans to attend the Nuclear Security Summit in Washington later this month, Cheong Wa Dae said Wednesday, amid growing tension with North Korea over its nuclear and missile programs.Park and dozens of world leaders are expected to exchange opinions on how to strengthen cooperation for nuclear safety during the summit set for March 31-April 1, the South Korean presidential office said.The biennial summit is meant to discuss ways to reduce the stockpile of highly enriched u
North KoreaMarch 16, 2016
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Japanese professor says private sector should lead Korean food promotion
Koreans share warmth and affection through food, and this tradition could bolster bilateral relations between South Korea and Japan, a Japanese professor who has dedicated much of his career to culinary exchange said Wednesday."Korean and Japanese food culture is similar in that both countries have rice as their staple. But Koreans are more generous with their food. A guest is served with a heaping bowl of rice with many banchan (side dishes). You can feel 'jeong' from a Korean dining table."Asa
CultureMarch 16, 2016
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Treasury Secretary: Sanctions on N.K. only 'theory' until implementation
U.S. Treasury Secretary Jack Lew said Tuesday the U.S. is working hard to make sure that the new U.N. sanctions on North Korea are implemented, saying such measures would only be "theory until you implement them."Speaking at a House Appropriations Committee hearing, Lew said the U.S. has been holding discussions with China on sanctions implementation. Acting Under Secretary for Terrorism and Financial Intelligence Adam Szubin is on a visit to China for such discussions, he said.He also said Chin
North KoreaMarch 16, 2016
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U.S. downplays N.K.'s nuclear missile capabilities, but prepares for worst scenario
North Korea's claims of nuclear missile capabilities have not been proven, but the United States is prepared for the worst, the Pentagon spokesman said Tuesday.North Korean leader Kim Jong-un claimed earlier Tuesday that the country has acquired the technology to make a missile strong enough to withstand extreme heat and other challenges involved in re-entering the atmosphere from space, a key hurdle in developing an intercontinental ballistic missile.The remark was a threat that the communist n
North KoreaMarch 16, 2016
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Implementation of new U.N. sanctions on North Korea going well: U.S. expert
Unlike previous sanctions, implementation of the new U.N. sanctions on North Korea appear to be going pretty well, with China actively carrying out both financial and trade restrictions, an American sanctions expert said Tuesday. Joshua Stanton, a North Korea sanctions expert who helped write the North Korea sanctions legislation that passed Congress last month, made the assessment during a Heritage Foundation discussion, saying he was "encouraged" to see positive effects of the sanctions."What
North KoreaMarch 16, 2016
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Ruling party announces lineup for April parliamentary elections
The ruling Saenuri Party on Tuesday named candidates for parliamentary seats to be contested in next month's elections, including the party chief's two close confidants and excluding several veteran lawmakers.The party's election nomination committee announced the last batch of the 26 candidates to receive party tickets to run in the April 13 general elections. The list includes Reps. Kim Sung-tae and Kim Hack-yong who are both close to Chairman Kim Moo-sung.Yoon Sang-hyun -- a key member of the
PoliticsMarch 16, 2016
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Korea's youth jobless rate soars to record high
South Korea's youth jobless rate surged to an all-time high of 12.5 percent in February, a government report said Wednesday, underlying the growing number of college graduates failing to land jobs due to the sluggish economy. Statistics Korea said the nation's overall jobless rate stood at a six-year high of 4.9 percent last month, up from 3.7 percent in January. The February reading also marks a 0.4 percentage point rise from the year before, the agency said in its monthly job market report.
March 16, 2016
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'Indiana Jones' to return with Ford and Spielberg
NEW YORK (AP) -- "Indiana Jones" is swinging back into theaters with Harrison Ford reprising the iconic role and Steven Spielberg directing. The Walt Disney Co. announced Tuesday that the fifth film in the action adventure series will open July 19, 2019. The last "Indiana Jones" movie was 2008's poorly received "Indiana Jones and the Kingdom of the Crystal Skull," which co-starred Shia LaBeouf as Indiana’s son. It followed a nearly 20-year gap in the franchise after 1989's "Indiana Jones and th
FilmMarch 16, 2016
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Alpaca fiber from Peru destined for luxury stores
PUNO, Peru (AP) -- The 4 million alpacas that graze on the remote slopes of Peru's southeastern Andes wear warm coats of a silky fiber highly sought in the United States, Europe and Asia. Colored in one of 24 different natural tones, the fiber from this domesticated camelid smaller than a llama is processed after an annual shearing, with each alpaca producing a little more than 3.7 kilograms of fiber each year. The finest threads are chosen, then washed, dried, cleaned up and converted into ya
Arts & DesignMarch 16, 2016
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Dogs to get place at the table at NYC restaurants
NEW YORK (AP) -- New York City restaurants with outdoor tables will soon be able to welcome four-legged guests under new rules announced by the city Health Department. The regulations announced Tuesday will permit dogs that are licensed and vaccinated against rabies to join their human chowhounds at participating restaurants. The state Legislature passed a law last year allowing municipalities to set their own rules for dogs in outdoor dining areas. The bill's sponsor, Democratic Assemblywoman L
FoodMarch 16, 2016
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Surviving Shakespeare script urges empathy for foreigners
LONDON (AFP) - The only surviving play script including William Shakespeare's handwriting, and containing a passionate speech against xenophobia, is being put online to mark the 400th anniversary of the bard’s death, the British Library announced Tuesday. The script is a section from a controversial play that revolves around how statesman Sir Thomas More quelled a 1517 anti-foreigner uprising in London by asking the rioters to imagine themselves being banished to live abroad. The 164-line scene
BooksMarch 16, 2016
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China buys soft power with hard cash in Hollywood
LOS ANGELES (AFP) - With cash flowing faster than the Yangtze river, Hollywood is awash with ever-expanding volumes of Chinese funding, but analysts are warning the film industry there's no such thing as a free lunch. The Beijing-based Wanda Group’s record-breaking deal in January to buy U.S. film studio Legendary Pictures finally confirmed the long-heralded emergence of the world's second biggest box office as a major player in Tinseltown. The $3.5 billion agreement is the largest-ever cultural
FilmMarch 16, 2016
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Isaac Mizrahi says new show a survey, not a 'retrospective'
NEW YORK (AP) -- Don’t call the Jewish Museum exhibition on Isaac Mizrahi's work a retrospective. Those, the 54-year-old designer said, are for dead people. This journey through several elegant rooms on Fifth Avenue is more like a mid-career survey. "I was very, very reticent and a little bit, kind of, shocked," he said Monday of his first reaction to the idea of a show just for him. "I hesitated, only because I feel as though it needed a lot of exploration and a lot of clarification." But awa
Arts & DesignMarch 16, 2016
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Historic vote gives Myanmar first civilian president in decades
NAYPYIDAW, Myanmar (AFP) - Myanmar got its first civilian president in decades on Tuesday after lawmakers elected a close aide of Aung San Suu Kyi, who is expected to hold the real reins of power in the formerly junta-run nation. Htin Kyaw, 69, hailed his elevation to the top post as “Suu Kyi‘s victory”, a clear nod to her plan that he serve as a proxy for the Nobel laureate who is constitutionally barred from becoming president. MPs erupted into applause after the result was announced following
World NewsMarch 15, 2016