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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Opposition mulls delay of financial investment income tax
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Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
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Immigration policy must go beyond labor supply: experts
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[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
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‘Korea crossed the line too far’ disgraced singer’s lawyer cries foul after 3rd visa denial
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Nasrallah's killing reveals depth of Israel's Hezbollah penetration
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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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[Editorial] Worst election
The current 19th National Assembly is said to be one of South Korea’s worst-ever parliaments, with critics pointing to its poor legislative performance, partisan standoffs and the numerous scandals that have hit its members. It is fortunate that its four-year term is drawing to an end. Unfortunately, the poor Koreans may have yet another bad parliament -- perhaps one even worse than the 19th Assembly. There are many bad omens. First, with only about 40 days left before the April 13 voting day, v
EditorialMarch 8, 2016
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[Photo News] SK, Saudi knowledge sharing
SK, SAUDI KNOWLEDGE SHARING -- Saudi Arabian entrepreneurs, who are visiting the SK Group-funded Daejeon Center for Creative Economy and Innovation for a six-day run, join the business model training session on Tuesday. In cooperation with SK, STC, Saudi Arabia’s biggest telecom company, offers an overseas educational program to Saudi Arabian start-ups. (SK Group)
IndustryMarch 8, 2016
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EU, Japan draw up N.K. human rights resolution
The European Union and Japan have recently drawn up a draft resolution on North Korea's human rights abuses for submission later this month to a U.N. human rights panel, government sources said Tuesday.In the latest effort to shed light on the communist state's woeful human rights conditions, they would begin a process to review the resolution possibly next week before tabling it at the 13th session of the U.N. Human Rights Council in Geneva, Switzerland. The council's latest session opened on F
North KoreaMarch 8, 2016
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Korean all-percussion show ‘Nanta’ tours China
South Korean non-verbal percussion show "Nanta" has launched its second Chinese tour, its production company said Tuesday.Starting in Henan Province last Saturday, the tour will make 30 stops including in Yantai, Qingdao, Nanjing and Shanghai until May 26, PMC Production said.The tour is the second of its kind after the troupe visited 16 cities in 2011.The company said it hopes to use this circuit to tap deeper into the Chinese market and diversify the performance scene in Asia.The original Sout
PerformanceMarch 8, 2016
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Seoul to host first motorcycle trade show in March
The first motorcycle trade show in Seoul will be held on March 31 at Coex in Samseong-dong, Seoul, said co-organizers Coex and the Korea Motorcycle Industry Association on Tuesday. The Seoul Motorcycle Show 2016 aims to attract motorcycle maniacs and other interested public, they said. About 80 motorcycles from nine makers will be exhibited at the show. They include BMW, Ducati, Harley-Davidson, Honda, Indian Motorcycle, Kawasaki, KR Motors, Kymco and Suzuki. Twelve of them are being presented t
MobilityMarch 8, 2016
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Media Art Biennale to explore the future
The Seoul International Media Art Biennale will be bigger and more diverse this year as the largest media art exhibition in the country will take place at all four branches of the city-run Seoul Museum of Art, featuring a wide mix of artists including those from Latin American and African countries. “It will be a challenge for the museum (to dedicate all museum space to the biennale), but we expect this will make Seoul a hub for contemporary art during the biennale period,” said Kim Hong-hee, d
PerformanceMarch 8, 2016
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China won't accept N. Korea's pursuit of nuke weapons
China will not allow North Korea to continue its defiant pursuit of nuclear and missile programs, the country's foreign minister said Tuesday, as the U.N. Security Council adopted a new resolution targeting the North's nuclear ambitions. North Korea has been slapped with a fresh package of U.N. sanctions following its fourth nuclear test and launch of a long-range rocket, both of which violated previous U.N. resolutions. Chinese Foreign Minister Wang Yi, however, reaffirmed that sanctions won't
North KoreaMarch 8, 2016
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Private Equity heads with chaebol links
Private equity funds have emerged as the home for new financial elites, leading the domestic mergers and acquisitions market. Boosted by a surge of capital inflow into the private equity industry, more capable financiers are joining the industry in which a merit-based wage system linked to investment outcomes is prevalent. Among a new breed of new business power elites, those standing out have a strong connection with chaebol, South Korean family-controlled conglomerates.As children of influenti
IndustryMarch 8, 2016
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[Albert R. Hunt] Remembering the formidable Nancy Reagan
The list of influential modern first ladies always includes Eleanor Roosevelt and Hillary Clinton, but not usually Nancy Reagan. That’s a mistake. Reagan, who died Sunday at 94, had a big influence on her husband, President Ronald Reagan, both in shaping White House operations in his first term and encouraging his breakthrough relations with the Soviet Union in his second. For more than a half century, the Reagans’ love story was so intense that at times it burned at the expense of family, frien
EditorialMarch 8, 2016
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KT&G releases ‘This Africa’ limited-edition
KT&G, Korea’s leading cigarette manufacturer, has released the latest limited edition “This Africa” decorated with animal prints, the company said Tuesday.Named “Africa Wild,” the special packs are covered in trendy leopard and zebra prints and are on sale for just one month. Limited-edition "Africa Wild" packs (KT&G)The cigarettes themselves remain the same, coming in the existing Rula or Mola flavors with the same tar content of 5.0 mg. The company expects a positive response to the limited-ed
IndustryMarch 8, 2016
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Yoo Ah-in picked to endorse ‘KON’
Actor Yoo Ah-in has been picked to endorse the role-playing game “Knights of Nights,” Netmarble Games announced Tuesday. The game company released a video interview with Yoo on Monday, where the actor describes “KON” as a stylish dual-action RPG. “(The game’s) splendid scenes and stylish action are quite outstanding and it is also interesting to have a dual-action system where two separate characters compete and grow together,” he said.Promotional image of “KON” (Netmarble Games) “Actor Yoo’s s
PeopleMarch 8, 2016
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Chief nuclear envoy to visit U.S. for talks on North Korea
South Korea's chief nuclear envoy will visit Washington this week to discuss the allies' implementation of new U.N. and unilateral sanctions on North Korea, Seoul's Foreign Ministry said Tuesday.Kim Hong-kyun, special representative for Korean Peninsula peace and security affairs, will travel to Washington on Thursday to meet with his U.S. counterpart Ambassador Sung Kim, for talks on North Korea, ministry spokesman Cho June-hyuck said in a regular press briefing."The two sides will share assess
North KoreaMarch 8, 2016
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Execs of int'l school in Seoul indicted over alleged embezzlement
Prosecutors said Tuesday they have indicted three board members of the Seoul branch of a British international school over allegations they embezzled some billions of won in school expenses in violation of the private school act.The Seoul Central District Prosecutors' Office said the dean of admissions at the school, identified only by her surname Lee, is accused of siphoning off some 7.2 billion won ($6 million) of tuition from 2010 to 2015 to redeem loans. The money was borrowed to build schoo
Social AffairsMarch 8, 2016
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China FM calls for talks on peace treaty, denuclearization of North Korea
Chinese Foreign Minister Wang Yi on Tuesday renewed his calls for holding peace treaty talks with North Korea in tandem with discussions about the denuclearization of the Korean Peninsula. Speaking to a press conference, Wang said the denuclearization of the Korean Peninsula is the "firm goal" of the international community, but relevant countries should address the concerns of North Korea at the same time. Wang described his proposal for peace treaty talks with North Korea as "reasonable." Chin
North KoreaMarch 8, 2016
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Korea, Britain agree to promote cooperation in culture industry
South Korea and Britain agreed Monday to positively enhance cooperation and exchanges in the creative culture industry during a forum held in London.Culture ministers from the two countries adopted a joint statement which called for continuous efforts to cultivate the media industries and cultural content on the public and private levels.The agreement was made at the day-long U.K.-Korea Creative Industries Forum. The forum, the second of its kind, was presided over by South Korean Minister of Cu
CultureMarch 8, 2016
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North Korea stole information from smartphones of South Korean officials: spy agency
North Korea has stolen information from the smartphones of South Korean officials, Seoul's spy agency said Tuesday, the latest in a series of cyberattacks against South Korea.North Korean hackers sent text messages to dozens of major South Korean officials to try to lure them into following links to malicious software, the National Intelligence Service said.The intelligence agency said about one out of five smartphones belonging to them was eventually infected with malware between late February
North KoreaMarch 8, 2016
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Intelligence agency warns of N.K. hacking
North Korea has stolen information from the smartphones of key South Korean government officials, Seoul’s intelligence agency said Tuesday, adding support to the president’s call for the passage of a disputed cyberterrorism prevention bill.“It has been confirmed that the North hacked into the smartphones of dozens of government officials from late February to early March, stealing text messages and phone conversations,” the National Intelligence Service said through a press release.“Authorities
PoliticsMarch 8, 2016
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European firms don’t trust Korea’s regulatory system
European companies doing business in Korea have little confidence in the nation’s legislative and regulatory system, according to a report released Tuesday.The report, released jointly by the European Chamber of Commerce in Korea and consulting firm Roland Berger, was based on a survey of 139 European firms’ executives for two weeks in November. About 68 percent of the respondents have been doing business here for more than 10 years.The respondents picked discretionary enforcement of regulations
IndustryMarch 8, 2016
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Korean stocks down 0.6% on China woes
Korean shares fell 0.6 percent on Tuesday as China's export slump accelerated in February, sparking concerns over deepening woes in the world's No. 2 economy, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) shed 11.75 points to finish at 1,946.12. Trading volume was moderate at 354 million shares worth 4.84 trillion won ($4.01 billion), with losers beating gainers 401 to 391.China's overseas shipments dipped more than 25 perc
March 8, 2016
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Seoul imposes financial, shipping sanctions on North Korea
South Korea levied a fresh set of unilateral sanctions against North Korea on Tuesday, aimed at further squeezing Pyongyang’s financial and shipping networks and sources of foreign currency while tightening the global export control regimes. The government newly designated 30 North Korean and foreign organizations, and 40 individuals subject to an asset freeze and a ban on financial and property transactions with any South Korean entity, sharply expanding the existing blacklist to 34 groups and
North KoreaMarch 8, 2016