Most Popular
-
1
Psy's touch or new trend in music? P Nation’s solo stars lose their shine
-
2
Seoul to hold grand military parade on Tuesday, disrupting major city routes
-
3
Park Zi-a, the actor who played 'The Glory' heroine's mother, dies
-
4
Yoon warns North Korea against nuclear attack attempt
-
5
Shut up and dance
-
6
NewJeans fans corner Hybe amid PR backlash, looming National Assembly audit
-
7
Israel targets Palestinian group in first strike on Beirut center
-
8
Miss Universe Korea names 80-year-old model 'best dressed'
-
9
Brit pop legend Oasis to perform in Seoul next year
-
10
[KH Explains] Is Hyundai-GM partnership win-win to beat Tesla, Chinese rivals?
-
Banks rush to expand global footing
In stark contrast to restructuring their workforce and branch operations at home, major South Korean banks plan to expand their business across Asia as they seek to bolster foreign presence to drive growth amid a slowing economy and record low interest rates, industry data showed Sunday.The country’s top five lenders ― Woori Bank, KEB Hana Bank, Shinhan Bank, KB Kookmin Bank and NH Nonghyup Bank ― are stepping up efforts to increase their global operations by adding 120 locations, including bran
Jan. 10, 2016
-
Embassies condemn N.K. test
Various diplomatic missions in Korea issued statements denouncing North Korea’s fourth nuclear test last Wednesday, indicating their resolve to step up sanctions. Borrowing the U.K. Foreign Secretary Philip Hammond’s words, the British Embassy stated: “The nuclear detonation underlines the very real threat that North Korea represents to regional and international security, and is a grave breach of U.N. Security Council resolutions.”“We will be working with other UNSC members to ensure the intern
Foreign AffairsJan. 10, 2016
-
How to make unification from N.K.’s collapse
With Pyongyang escalating its nuclear brinksmanship, support for consensual unification between South Korea and North Korea is losing ground, while the belief in absorption is gaining traction. Approaches to the nationally cherished goal have been dichotomized between the country’s liberals and conservatives, with the former advocating cooperation and engagement with the North and the latter backing high-handed diplomatic and military actions. While most experts have preferred gradual unificatio
Foreign AffairsJan. 10, 2016
-
‘Pyongyang to clutch nuclear weapons, embrace markets’
North Korea’s impetuous testing of its nuclear arsenal last Wednesday was a sign of a desperately isolated regime that calculates survival ahead of all other factors, experts noted. Known as the “byungjin line,” the dual-track policy aims to bolster deterrence against outside attack while simultaneously developing the economy. Adopted in the early 1960s, the strategy has effectively buffered the sustainability of the regime. The fourth nuclear detonation in North Hamgyeong Province, purported to
Foreign AffairsJan. 10, 2016
-
‘Ethiopia, the African lion of development’
Ethiopia is a country with a long history and diverse cultures. We are the oldest independent nation in the world with deep roots in our ancient civilizations. As Africa’s second-most populous country with 90 million people, Ethiopia is becoming a continental hub with capital Addis Ababa housing the African Union. Our government is a federal republic founded in August 1995, following a transitional government that ended 17 years of Marxist dictatorship of the Derg (the Coordinating Committee of
Foreign AffairsJan. 10, 2016
-
Seoul pushes to unbind N.K.’s dual economic, nuclear policies
In the wake of Pyongyang’s fourth nuclear test last week, Seoul is raising pressure on the communist regime to abandon its policy of simultaneously developing its economy and nuclear arms, by toughening both bilateral and multilateral sanctions. Seoul has long argued that Pyongyang’s two-pronged policy would never be successful as its dual objectives of economic development and nuclear armament are “incompatible” -- a view shared by its security ally, Washington. President Park Geun-hye speaks d
North KoreaJan. 10, 2016
-
‘N.K. to deploy SLBM in 3-4 years’
North Korea would be able to deploy a submarine-launched ballistic missile within three to four years -- one year earlier than previously expected -- as it has repeatedly conducted tests on the underwater weapons system, Seoul’s military authorities said Saturday.But they noted that the video footage of a recent SLBM ejection test -- aired last Friday by the North’s official Korean Central Television -- seems to have been manipulated. In the clip, the SLMB was seen soaring high into the sky as i
North KoreaJan. 10, 2016
-
[Graphic News] Korea ranks 31st in trustworthy GDP data
Korea ranked 31st in the world in terms of quality on gross domestic product data, according to a report released by World Economics, a U.K.-based economic information provider.The Data Quality Index developed by the consulting firm to show which countries data can be trusted covered five factors, including national accounting standards used and the size of the informal economy.Korea gained 75 points in the 100 possible score. Switzerland topped the list with 97.2 points, followed by the United
Jan. 10, 2016
-
U.S. deploys B-52 bomber
The U.S. deployed its strategic nuclear-capable B-52 bomber to South Korea in a show of force against North Korea on Sunday, four days after the communist state claimed to have conducted a hydrogen bomb test. The U.S. B-52 strategic bomber, escorted by four fighter jets, is seen flying over the Korean Peninsula on Sunday. (Yonhap)The deployment was part of the allies’ coordinated military steps to respond to Pyongyang’s latest provocation. As a first step, Seoul resumed its loudspeaker propagand
North KoreaJan. 10, 2016
-
[Herald Interview] Kim Ha-neul returns to big screen with ‘Remember You’
Actress Kim Ha-neul is known for her solid romantic comedy credentials, which she continued to build up after her 2003 hit film “My Tutor Friend.” So when it was announced that she would play the part of Jin-yeong opposite heartthrob actor Jung Woo-sung in the romantic film “Remember You,” many fans thought it was a natural choice. However, in an interview with reporters at a Seoul cafe on Wednesday, Kim said that “Remember You,” a mix of dramatic romance and mystery, was a different beast from
FilmJan. 10, 2016
-
POSCO to present steel technology at Detroit auto show
South Korea’s leading steelmaker POSCO said Sunday it is showcasing its automotive steel plate technology for the first time at this year’s North American International Auto Show taking place in Detroit, Michigan, from Jan. 11-24.Aiming to appeal to global automakers, POSCO is presenting its self-developed advanced automotive steel technology and some 30 types of futuristic car components to be used in next-generation cars at the annual U.S.-based auto show.The steelmaker will be promoting its s
IndustryJan. 10, 2016
-
Korean drugmakers seek deals at JPMorgan health care conference
Eyeing new partnerships and foreign investments, South Korea’s leading pharmaceutical companies are participating in the 34th JP Morgan Healthcare Conference which kicks off Monday in San Francisco. The annual U.S.-based event, set to continue until Thursday, is one of the largest and oldest health care symposiums in the world. Each year, more than 300 companies have flocked to the conference hosted by the investment bank, on the lookout for biotech and pharma companies primed for major breakthr
IndustryJan. 10, 2016
-
CJ E&M launches mega K-pop project ‘Boys 24’
CJ E&M, one of the country’s largest entertainment companies, is investing 25 billion won ($20.6 million) over the next three years in a new idol group that will perform throughout the year at a permanent venue. Boys 24 project envisions 24 male performers, selected through auditions and professional training, holding live performances throughout the year at an exclusive venue, according to a press release issued by CJ E&M on Friday. Poster of "Boys 24" (CJ E&M, Liveworks Company) Boys 24’s s
PerformanceJan. 10, 2016
-
Samsung SDI highlights ‘battery of things’ at CES
Advanced battery technology is prerequisite to the growth of the sector for connected things, or Internet of Things, said an executive of Samsung SDI, the battery business unit of Samsung Group, at the International CES trade show last week.Every information technology device being connected in the looming IoT era needs advanced battery technology, and global battery-makers are currently vying to develop more powerful batteries with a longer lifespan.Samsung SDI’s batteries for wearable gadgets.
TechnologyJan. 10, 2016
-
Fintech start-up, KB Kookmin roll out robo-adviser
Financial technology start-up Quarterback Investments said Sunday that it has rolled out a robo-adviser solution for trust goods, dubbed the Quarterback R-1, jointly with KB Kookmin Bank, Korea’s largest retail bank by asset value. Utilizing data from exchange-traded funds and exchange-traded notes in the domestic and global markets, the Quarterback R-1 enables investors to diversify their investment portfolio for stable returns, according to the Korean start-up, an affiliate of fintech firm all
IndustryJan. 10, 2016
-
[David Ignatius] A political prize fight in Tehran
The power struggle in Tehran between moderates and hard-liners is heading toward a showdown in next month’s elections, which could shape the political balance in Iran for years to come. The Feb. 26 elections will select 285 members of the Iranian parliament, or “Majlis,” and 88 members of the so-called “Assembly of Experts,” which will choose the eventual successor to Supreme Leader Ali Khamenei. “This is a fight for survival,” one Iranian told me Thursday. Since the Iranian revolution of 1979,
ViewpointsJan. 10, 2016
-
Deadlocked bills kindle disputes on parliamentary quorum
The months-long deadlock over the passage of key disputed bills triggered a new point of dispute amid political parties ― whether or not to lower the current parliamentary quorum for the sake of efficiency.The ruling Saenuri Party, which has been increasingly vocal on passing the pending bills, called for lowering the three-fifths quorum and an expansion of the parliamentary speaker’s discretion to table a bill without bipartisan consent.The main opposition Minjoo Party of Korea, struggling to b
PoliticsJan. 10, 2016
-
[Peter D. Sutherland] A better year for migrants?
The Mediterranean migration crisis has delivered two critical lessons. First, Europe and the international community have grossly inadequate systems for protecting vulnerable migrants. Second, in the absence of such systems, populist leaders will prey on fear to gain political support, undermining the liberal, tolerant societies that have taken 70 years of hard work to build. That is why vigorous action at the European and global levels is essential this year. In September, United Nations Secret
ViewpointsJan. 10, 2016
-
Be scared of China’s debt, not its stocks
China’s stock market is crashing again. After two days this week with big and rapid declines -- the latest of which shut off trading only a few minutes after the open -- Chinese stocks are back in the neighborhood of their mid-2015 lows. The raft of administrative measures that the Chinese government has used to prop up its markets since the big plunge last year seems to only have postponed further declines, rather than prevented them. U.S. stock markets have also fallen a lot, probably as a r
ViewpointsJan. 10, 2016
-
How much experience should a president have?
T. Boone Pickens is upset about a presidential nominating process he says “emphasizes accusation and innuendo” and wants to form “a bipartisan screening committee” to recommend “the best candidates possible.” That’s unlikely to happen. But the billionaire oilman and longtime Republican donor is onto something when he questions whether the American political system produces the best possible presidents — even the best of those seeking the job. Indeed, as one veteran analyst wrote, recent electi
ViewpointsJan. 10, 2016