Most Popular
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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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‘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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S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
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Park Zi-a, the actor who played 'The Glory' heroine's mother, dies
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Korean American documentary ‘Free Chol Soo Lee' wins Emmy
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KMA chief under pressure after surveyed doctors refuse to back him
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Meditation brings calm to Gwanghwamun
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KT and Microsoft to develop AI models for Korea
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[Graphic News] About 3 percent of salaried workers are high-wage earners: report
About three out of 100 wage earners in Korea receive an annual salary of more than 100 million won (about $80,000), according to a report by Rep. Lee No-geun of the ruling Saenuri Party on Thursday.The report, which was based on tax authorities’ year-end tax adjustment, showed that high-wage earners number at 526,689 out of the total 16.68 million salaried people here. By region, Ulsan, the nation’s southeastern industrial city, topped the proportion of high-wage earners at 8.5 percent. There we
Feb. 25, 2016
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South Korean men in 50s most lenient on violence:study
In South Korea, older men with relatively low education levels are more lenient towards social violence, especially sexual harassment, while younger women with post-secondary education tend to be the most intolerant of violence, a study showed Thursday. People respond differently to violence based on their gender, education levels and age, and young women in their 20s with university degrees are most sensitive to abuse including sexual violence, showed a report released by the Gender Ministry.
Social AffairsFeb. 25, 2016
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Higher number of approvals for drug clinical trials in South Korea
A significantly higher number of South Korean drugs were approved for phase 3 clinical trials last year, the Ministry of Food and Drug Safety announced Thursday. Phase 3 clinical trials are the final testing of drugs on patients to assess efficacy and safety before they are distributed to the public. The ministry said that the largest number of newly approved drugs were anticancer medicine. Ministry of Food and Drug Safety (Yonhap) Clinical trials involving new drugs in Korea are commonly class
NationalFeb. 25, 2016
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Olympus Korea breaks ground for medical training center
Olympus, the Japanese maker of medical and surgical solutions, Thursday held a groundbreaking ceremony of its new medical training center in Songdo, Incheon. The Olympus Korea Training and Education Center aims to offer diverse training programs for health professionals on the safe and effective use of the company’s medical and surgical products, including its market No. 1 endoscopy equipment. With a budget of 36.3 billion won ($29.3 million), the new center, the sixth of its kind globally and
TechnologyFeb. 25, 2016
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Samsung to mass produce 256GB mobile chips
Samsung Electronics said Thursday it will start mass production of the industry’s first 256-gigabyte Universal Flash Storage from next month for smartphones, with twice the processing speed compared to conventional chips used in PCs. The Korean tech giant, which is also the world’s biggest memory chipmaker, said the new chip will go into high-end mobile devices but didn’t name possible products and clients. According to the company, the chip has a reading speed of 850 megabytes per second and w
TechnologyFeb. 25, 2016
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FSC seeks revamp of listing rules
South Korea’s top financial regulator said Thursday it will push ahead with the second phase of financial reforms aimed at expanding a range of new services and sharpening the competitive edge. Financial Services Commission chairman Yim Jong-yong (Yonhap)The Financial Services Commission said it has mapped out the plan to reorganize listing procedures and the public subscription system in stock markets to facilitate better access to finance for Korean companies on the heels of last year’s reform
BusinessFeb. 25, 2016
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Korean Air files court injunction over pilot strike
A group of unionized pilots at Korean Air conduct a silent rally in front of Korean Air’s headquarters near the Gimpo International Airport on Thursday. Yonhap Korean Air, the nation’s largest flag carrier, requested a court injunction Thursday to put an end to a strike by pilots, claiming their union vote was “invalid.” The Korean Air Pilot Union, one of the two pilot unions in Korean Air, went on a strike last Saturday a day after a majority of about 1,900 unionized pilots voted in favor, whi
BusinessFeb. 25, 2016
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China hopes new U.N. resolution stops N. Korea's nuclear advances
China on Thursday voiced hopes that a new draft U.N. resolution could help prevent North Korea from developing its nuclear and missile programs, but emphasized the "parallel track approach" of achieving the denuclearization of North Korea and discussing a peace treaty for the Korean Peninsula.China's foreign ministry spokeswoman Hua Chunying made the remarks in response to an announcement by the White House that the U.S. and China agreed on a draft U.N. resolution to punish North Korea's nuclear
World NewsFeb. 25, 2016
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New naval base opens on southern resort island of Jeju
South Korea will officially launch the Navy's new base on the southern resort island of Jeju this week, wrapping up the landmark naval project which took the country 23 years and more than 1 trillion won (US$806 million) to accomplish, the Navy said Thursday. The naval base, billed by the Navy as Jeju's private-military sea port, is capable of docking 20 combat vessels and two cruise ships of the largest class simultaneously. Set up along the southern coast of Jeju, the foot of South Korea,
DefenseFeb. 25, 2016
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Korea opens new health center in Peru
South Korea's state international aid agency said Thursday it has opened a new health center in Lima, Peru, to provide medical assistance and cooperation to the South American country.The new health care center is the eighth of its kind that the South Korean government has set up in Peru free of charge since 1992, according to the Korea International Cooperation Agency (KOICA).KOICA said the modern health center named "Santa Luzmila Mother and Child Center" opened in Comas, in the northern outsk
Social AffairsFeb. 25, 2016
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Films shed light on colonial Korea
A government-funded organization responsible for collecting and preserving materials related to Korean cinema unveiled Thursday seven new films from the Japanese colonial era that were obtained from Russia and Germany. The Korean Film Archive (KOFA) revealed parts of these seven new clips, which depict everyday life in Korea under Japanese rule as well as Japanese colonial economic policy, at a press conference at the Korea Press Center.From left: Professor Song Kue-jin, a historian at Korea Uni
FilmFeb. 25, 2016
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CJ HelloVision downplays ISS report on merger plan
SK Telecom faces another hurdle in its plan to merge the nation’s No. 1 cable TV operator CJ HelloVision with its own IPTV unit as a global corporate advisory firm has opposed the deal that is crucial for it to gain leadership in the paid TV market. The Institutional Shareholder Services claimed Thursday the changes in corporate articles of the merged entity will pose “significant dilution risk” to shareholders of CJ Hellovision.A screenshot image of a report on SK Telecom’s merger, which was re
TechnologyFeb. 25, 2016
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Venerable Jingwan dreams of Korean Buddhism flourishing in Cuba
The first South Korean monk to visit Cuba for a religions occasion revealed his optimism Thursday about the spread of Buddhism in the Cuban capital of Havana.Cuba is a country of few Buddhists but abounding religious freedom, said Ven. Jingwan of the Jogye Order of Korean Buddhism in an interview with Yonhap News Agency."Although I didn't have the chance to fully dedicate myself to delivering the teachings of Korean Buddhism, I felt certain that the city could be a milestone of fostering Korean
Social AffairsFeb. 25, 2016
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Lee Joo-mi wins grand prix at Paris dance competition
Lee Joo-mi, 23, won the grand prix in the contemporary category at Le Grand Prix de Paris Let’s DANCE 2016, an international dance competition that ended in Paris on Feb. 14, Korea National University of Arts announced Wednesday. Lee has won several prestigious awards, including the grand prix at the Valentina Kozlova International Ballet Competition in New York in 2014, first prize at the Dong-A Dance Competition and senior female first prize in the contemporary dance category at the 10th Seoul
PerformanceFeb. 25, 2016
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Egyptian president to visit Korea next week
Egypt's president will make a three-day visit to South Korea next week for talks with President Park Geun-hye, Cheong Wa Dae said Thursday.Park is set to meet with Egyptian President Abdel-Fattah el-Sissi next Thursday, a day after El-Sissi arrives in Seoul, the South Korean presidential office said.The two leaders are expected to discuss how to boost cooperation on a wide range of issues, such as trade, infrastructure and construction, as well as culture and education.It marks the first visit b
Social AffairsFeb. 25, 2016
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Korean artist’s DMZ project chosen for Venice Architecture Biennale
Korean artist Choi Jae-eun has been invited to present her project about the Demilitarized Zone at the 15th Venice Architecture Biennale in May. Entitled “Dreaming of Earth,” the work is a collaboration with Japanese architect Shigeru Ban, who was a winner of the Pritzker Architecture Prize in 2014 and who is also a long-time friend of Choi. The premise behind “Dreaming of Earth” is Choi’s belief that the DMZ’s rich ecological heritage can help solve complex issues between North and South Korea,
PerformanceFeb. 25, 2016
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Major Russian museum sends rarely loaned portraits to London
MOSCOW (AP) _ The staff of Moscow's Tretyakov Gallery is packing up some of Russia’s finest paintings to send to London for a landmark exhibition, proving, the gallery's director says, that cultural exchange between the Russia and the West is alive and well.The 26 portraits being sent to the National Portrait Gallery for an exhibition March 17 to June 26 are part of an exchange that also includes major British works loaned to Russia. Despite chilly relations between Moscow and the West and an ec
CultureFeb. 25, 2016
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Myanmar backpedals on ban on Bagan temple climbing
YANGON (AFP) - Myanmar has backpedalled on a ban on climbing temples at the tourist hot spot of Bagan, following fears visitors would no longer be able to enjoy the ancient capital's famed sunsets. The Ministry of Culture on Monday barred visitors from clambering over the monuments. But by late Tuesday it had revised the order to let tourists ascend five of the largest pagodas -- in a field of more than 3,000 Buddhist structures. “We would like to replace the statement about banning the climbi
CultureFeb. 25, 2016
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Kolleen Park presents new musical ‘Airport Baby’
Following her portrayal of a mother who struggles with bipolar disorder in the Korean rendition of the off-Broadway musical “Next to Normal,” musical director, conductor and actress Kolleen Park has stepped away from the stage and reprised her directorial role with her latest musical production, “Airport Baby.” The musical touches upon international adoption, a controversial social issue in Korea. It tells the story of a young Korean-American named Josh Coen, played by local actor Choi Jae-rim,
PerformanceFeb. 25, 2016
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Cosmic Girls make long-awaited debut
The K-pop girl group Cosmic Girls unveiled their debut album Thursday. The 12-member group of nine Korean and three Chinese members released its first album “Would You Like?” at noon on major Korean music streaming sites. The album has five songs, including the title track “MoMoMo,” as well as “Catch Me,” “Take My Breath” and “Tick Tock.” “The girl group has been generating a lot of buzz in the K-pop industry, under the wings of Starship’s winning strategies and China’s largest talent agency Yu
PerformanceFeb. 25, 2016