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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Immigration policy must go beyond labor supply: experts
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Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
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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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No official N. Korean banks believed to be operating in China
No North Korean banks are believed to be operating in China, but there are some unauthorized North Korean financial entities that help illegal money flow into the North, multiple banking sources in Beijing said Tuesday. The U.N. Security Council adopted a package of tougher sanctions last week against North Korea's fourth nuclear test and rocket launch. Under the measures, countries are required to freeze the assets of North Korean financial institutions and other entities linked to the North's
North KoreaMarch 8, 2016
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U.N. data shows lackluster implementation of previous sanctions on N. Korea
A majority of U.N. member countries failed to submit reports on their implementation of a set of Security Council sanctions adopted in 2013 to punish Pyongyang for its third nuclear test, U.N. data showed Monday.The record, unveiled in a report by a U.N. panel of experts, raises questions about how rigorously they will carry out a new package of sanctions that the Security Council passed last week in response to the North's fourth nuclear test and its long-range rocket launch.According to the pa
North KoreaMarch 8, 2016
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Mariners‘ Lee Dae-ho belts first home run in U.S.
Lee Dae-ho of the Seattle Mariners belted his first home run in the United States in preseason action on Monday.Lee hit a solo shot off Arizona Diamondbacks left-hander Matt Reynolds in the bottom eighth of their Cactus League game in Peoria, Arizona.Lee replaced Adam Lind at first base to start the sixth inning and took Lind's fifth spot in the order. Then in his lone at bat, Lee took a 1-2 offering from Reynolds over the left field wall to cut the Mariners' deficit to 10-7.He turned a double p
BaseballMarch 8, 2016
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U.S. House resolution calls for stronger 3-way security cooperation with Korea, Japan
A U.S. House lawmaker has introduced a resolution calling for stronger trilateral cooperation between the U.S. and its Asian allies, South Korea and Japan, to counter North Korean threats and ensure regional security.Rep. Matt Salmon introduced the bipartisan resolution last week, together with seven co-sponsors, including Rep. Ed Royce, chairman of the House Foreign Affairs Committee, according to congressional records."The House of Representatives reaffirms the importance of the United States-
DefenseMarch 8, 2016
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Australian, South Korean artists recognized at Cultural Conversations Exhibition
Australian and South Korean artists were recognized Feb. 16 at the opening of the inaugural “Cultural Conversations Project” exhibition. Hosted by Gallery LVS, the opening welcomed the works of 14 artists across Australia and South Korea, with artists Yoon Jin-sup, Yun Suk-nam, Kim Ku-lim and Lee Kun-yong in attendance.The project, conducted by the Australian Centre for Oral History, is an ongoing history archive, giving insight into the lives and works of contemporary Australian and Korean arti
Foreign AffairsMarch 8, 2016
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Korea miss out on Olympic women‘s football after loss to China
South Korea missed out on Olympic women's football after a 1-0 loss to China in the Asian qualifying tournament on Monday.At Nagai Stadium in Osaka, Japan, Wang Shanshan headed in the match's lone goal in the 42nd, as South Korea remained winless with two draws and two losses.Though there's one match remaining in the qualification, South Korea will not get one of two Asian spots for the women's football tournament at the Rio de Janeiro Summer Olympics in August. South Korea have never competed i
Olympic GamesMarch 8, 2016
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U.S. urges N. Korea to halt threatening rhetoric
The United States urged North Korea on Monday to halt provocative rhetoric and threats after the communist nation threatened to launch an "all-out offensive" against South Korea and the U.S. as the allies kicked off annual military exercises.The North's powerful National Defense Commission said earlier Monday the country will take "military counteraction for preemptive attack so that they may deal merciless deadly blows at the enemies" as the South and the U.S. began their annual Key Resolve and
North KoreaMarch 8, 2016
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Korean government to establish biotech control tower
The South Korean government said Monday that it would establish a special overarching committee to coordinate and streamline all policymaking related to the nation’s biotechnology business, viewed as a promising sector to lead the country’s future growth. The decision was made last week at a meeting of the 11th National Science & Technology Council, a prime minister-led institution that evaluates the state’s science and technology policies.The new committee will act as a “control tower” that br
IndustryMarch 7, 2016
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Don't dismiss, or panic over, N. Korea threats
When North Korea makes threats to nuke its enemies, as it has twice over the last several days, outsiders often have one of two reactions: to dismiss it as yet another example of empty propaganda or to panic. There are good reasons to do neither. There are many ways the North can retaliate that fall short of war, nuclear or conventional. North Korea's latest warning came Monday in response to the beginning of annual South Korean-U.S. military drills, and included vows to turn its enemie
NationalMarch 7, 2016
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Korean Air fires pilot for hampering flight by joining
Korean Air Lines Co., South Korea's top flag carrier, decided to fire a pilot on Monday for rejecting the company flight order and hampering normal business operations to follow the work-to-rule campaign underway since the "yes" vote for a strike last month, company officials said. The decision to dismiss the pilot, only identified by his surname, Park, was made earlier in the day by the company's qualification review committee, according to the officials. Park reportedly plans to appeal the d
SportsMarch 7, 2016
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S. Korea miss out on Olympic women's football after loss to China
South Korea missed out on Olympic women's football after a 1-0 loss to China in the Asian qualifying tournament on Monday. At Nagai Stadium in Osaka, Japan, Wang Shanshan headed in the match's lone goal in the 42nd, as China moved a step closer to qualifying for their fifth Olympics. South Korea remained winless with two draws and two losses. Though there's one match remaining in the qualification, South Korea will not get one of two Asian spots for the women's football tournament at the Rio
SportsMarch 7, 2016
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N.K. hacked government bigwigs
North Korea has hacked into smartphones owned by key members of the government, local media reported Monday. A government official was quoted as saying “considerably important” figures within President Park Geun-hye’s administration recently had their phones hacked by the North. Railroad-related organizations also came under cyberattacks, although the incident was hushed up by authorities, the official claimed. An offical looks at the screen desribing cyber attacks on websites based on Korea.
DefenseMarch 7, 2016
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Chinese firms eye Korean insurers in M&A spree
Chinese insurers are seeking to tap into the Korean market by pursuing outright mergers and acquisitions as a flurry of deals are expected here amid deteriorating market conditions, sources said Monday.Faced with worsening profits in a saturated domestic market, a handful of Korean life insurance companies and Korean units of foreign firms -- including ING Life, Allianz Life and PCA Life -- have been put up for sale.Since Beijing-based Anbang Insurance Group bought a controlling stake in Korea’s
March 7, 2016
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[Newsmaker] Nancy, most ardent guardian of Reagan legacy
Nancy Reagan, the devoted wife and trusted confidante to late president Ronald Reagan who after his death became the most ardent guardian of his political legacy, died Sunday. She was 94.The former first lady passed away at her home in Los Angeles from congestive heart failure, her spokeswoman Joanne Drake said.In this file photo, Nancy Reagan gestures as she looks at photographs during a photo opportunity at the Ronald Reagan Presidential Library in Simi Valley, California on March 17, 2010. (U
World NewsMarch 7, 2016
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Lotte chairman set to oust rebel brother from company
Lotte Group chairman Shin Dong-bin has sued the management of Kojyunsya, the de facto holding company of the 90 trillion won-business empire ($8.1 billion), in a suit that may end up ousting the company president, his older brother Shin Dong-joo, indefinitely. According to Lotte officials, Dong-bin in January filed a suit against the shareholders and management of Kojyunsya demanding a nullification of the company’s October 2015 decision to dismiss him from his position as a registered director
IndustryMarch 7, 2016
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Korea-U.S. drills focus on striking N.K. leadership
South Korea and the U.S. on Monday kicked off their largest-ever annual joint military drill that will focus on striking North Korean leadership and key facilities, military officials said.The two-month drill consists of two parts: the command post exercise Key Resolve slated for March 7-18, and the Foal Eagle field training that will commence Monday and will continue until April 30. An F-16 fighter jet lands at Osan Air Base in Pyeongtaek, Gyeonggi Province, on Monday. (Yonhap)The exercise take
DefenseMarch 7, 2016
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80% of Korean cancer patients keep pregnancies
Nearly 80 percent of Korean women who were diagnosed with cancer while pregnant between 1995 and 2013 chose to continue with their pregnancies, a study by Samsung Medical Center showed Monday. The study, which researched a total of 50,412 women who gave birth at the medical institution from 1995 to 2013, found that 87 women were diagnosed with cancer while pregnant. The average age of the patients was 32.5. They were on average 24 weeks pregnant at the time of their diagnosis. According to the p
Social AffairsMarch 7, 2016
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Parties scramble to woo political underdogs
The nomination process for the upcoming general election is likely to see a more diverse pool of political aspirants, with the rival parties adopting new nomination rules that favor those who have been politically alienated. The ruling Saenuri Party and main opposition The Minjoo Party of Korea have announced that when they choose the candidates running in the April elections, they will give more points to “political underdogs” than established politicians. The beneficiaries include women, you
PoliticsMarch 7, 2016
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[Graphic News] Glass ceiling still thick in Korea
Korea has the thickest glass ceiling in the corporate world, out of the 30 members of the Organization for Economic Cooperation and Development, according to an OECD report released on Monday.The report showed that the proportion of male executives to all employees was 2.4 percent in 2014 while the proportion of female executives stood at 0.4 percent.Among the nation’s 348 major companies, there were 273 (2.3 percent) female executives as of June last year. On the other hand, there were 11,447 (
March 7, 2016
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SK Shipping under tax investigation
SK Shipping confirmed Monday that it is being investigated by the National Tax Service, but dismissed rumors concerning tax evasion.“The tax authorities’ move appears to be part of the regular tax audit of our company,” company spokesman Hong Chang-hyo told The Korea Herald.“We are giving necessary documents to the tax authorities and are also holding meetings to respond to their questions,” said Hong.But speculation about possible wrongdoing still persists as the investigation into the shipping
IndustryMarch 7, 2016