Most Popular
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Psy's touch or new trend in music? P Nation’s solo stars lose their shine
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Seoul to hold grand military parade on Tuesday, disrupting major city routes
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Park Zi-a, the actor who played 'The Glory' heroine's mother, dies
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Yoon warns North Korea against nuclear attack attempt
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Shut up and dance
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NewJeans fans corner Hybe amid PR backlash, looming National Assembly audit
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Miss Universe Korea names 80-year-old model 'best dressed'
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Israel targets Palestinian group in first strike on Beirut center
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Brit pop legend Oasis to perform in Seoul next year
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[KH Explains] Is Hyundai-GM partnership win-win to beat Tesla, Chinese rivals?
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U.S. says North Korea will be judged by 'actions,' not 'words'
The United States said Monday it will judge North Korea "by its actions, not its words" after the communist nation's leader, Kim Jong-un, pledged efforts to improve inter-Korean ties in his New Year's message.Kim said in the Jan. 1 address that the North will "make aggressive efforts to hold talks and improve relations" with South Korea, saying the country is willing to have talks in an open-minded manner with anyone who wants peace and unification."As we have long said, we support improved inte
North KoreaJan. 5, 2016
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Subs make difference for S. Korea vs. UAE in test football match
Substitutes made all the difference for South Korean men's under-23 football team in the 2-0 victory over the United Arab Emirates in Dubai on Monday, as they jolted a dull match back to life with their energy and pace.To start the first of two test matches before the 2016 AFC U-23 Championship in Qatar -- also the Asian qualifying tournament for the 2016 Summer Olympics -- South Korea head coach Shin Tae-yong left most of his big guns on the bench. Shin later admitted it was by design, so he co
SoccerJan. 5, 2016
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Shanghai, Hong Kong stocks dive on China data
Shanghai stocks plunged almost four percent Monday morning while Hong Kong also tumbled after another batch of data highlighting weakness in China's economy, while dealers are also on edge over flaring Middle East tensions.The benchmark Shanghai Composite Index sank 3.94 percent, or 139.27 points, to 3,399.91, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 5.34 percent, or 123.28 points, to 2,185.63.Hong Kong's benchmark Hang Seng Index lost 2.31 perc
Jan. 5, 2016
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Korea-China relations unlikely to suffer despite improvement in Seoul-Tokyo ties: U.S. expert
Relations between South Korea and China are unlikely to suffer despite Seoul's recent landmark fence-mending agreement with Tokyo to resolve the issue of Japan's wartime sexual slavery, a U.S. expert said Monday.South Korea and Japan reached the agreement last week, removing the biggest thorn in their relations and offering hope for significant progress in U.S. efforts to forge stronger security cooperation with the two allies in a region marked by a rising China."The PRC's warm feelings toward
Foreign AffairsJan. 5, 2016
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S. Korea defeat UAE 2-0 in test before Olympic football
The South Korean men's under-23 football team defeated the United Arab Emirates 2-0 in Dubai on Monday in a test match ahead of next week's Olympic qualifying tournament.Winger Lee Yeong-jae and striker Hwang Hee-chan scored a goal apiece in the second half at Maktoum Bin Rashid Al Maktoum Stadium, where South Korea will next face Saudi Arabia on Thursday in their final prep match before the 2016 AFC U-23 Championship in Qatar Jan. 12-30.The competition will double as the Asian qualifying tourna
SoccerJan. 5, 2016
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KOSPI to be volatile, directionless in 2016
Korea's benchmark stock index KOSPI plunged more than 2 percent on Jan. 4, the first trading day of 2016, on China market rout. (Yonhap)After moving directionless for much of 2015, Korea’s main stock market is expected to trade sideways again in 2016, but with increased volatility, local analysts predict. Their forecasts have the benchmark index KOSPI moving in a range of some 300 to 400 points, roughly between 1,800 and 2,200, as several external factors and weak earnings outlooks weigh down on
Jan. 5, 2016
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S. Korea calls on Japan not to hurt deal on sex slaves
South Korea reiterated its call on Japan Monday to refrain from making comments or taking actions that could damage the spirit of their rare deal over Tokyo's sexual enslavement of Korean women during World War II.Seoul's reaction came as Japanese Foreign Minister Fumio Kishida said earlier in the day that there is no change in Japan's understanding that a statue symbolizing South Korean victims of Tokyo's sex slavery in front of Japan's Embassy in Seoul will be relocated at a proper manner.The
Foreign AffairsJan. 4, 2016
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N.K. top diplomat may attend Davos forum after 18 years of no-show: sources
North Korean Foreign Minister Ri Su-yong may attend this year's annual meeting of the World Economic Forum, the first move in 18 years by a North Korean top diplomat, sources said Monday.A North Korean delegation to be headed by Ri may attend the so-called Davos forum to be held in Switzerland from Jan. 20-23, according to sources. The North is discussing the details over with the host, they said.If confirmed, it would be the first time in 18 years that a North Korean foreign minister was to joi
North KoreaJan. 4, 2016
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Park pushes parties for reform
President Park Geun-hye urged political parties to support her reform efforts and invest more in improving people’s livelihoods in her first meeting with the country’s key officials this year.She also expressed hope that the political circles would regain the public’s trust by eradicating corruption and correcting “abnormalities.”“Our future and that of our descendants depend on the ongoing economic reform and national innovation plans,” Park said on Monday, in her New Year’s meeting with key of
PoliticsJan. 4, 2016
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[Newsmaker] Parties look to Ban as game changer
With the imminent launch of a new centrist political party by Ahn Cheol-soo, the leading parties are accelerating their search for a game changer: a well-known and respected public figure who can unite their flock and engage swing voters; somebody like United Nations Secretary-General Ban Ki-moon.So far, the ruling Saenuri Party appears to have the upper hand over the main opposition, the Minjoo Party of Korea.Ban, in a telephone conversation with President Park Geun-hye on New Year’s Day, comme
PoliticsJan. 4, 2016
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Hyundai Motor sets modest sales target
Hyundai Motor Group chairman Chung Mong-koo on Monday set a global production and sales target of 8.13 million units for the world’s fifth-largest carmaker in 2016. The target is about 1 percent down from 2015’s goal of selling 8.2 million units. The carmaker managed to sell 8.01 million units last year, about 2.4 percent short of its initial target. Chung attributed the volatile Chinese market to the shortcoming. “As we all can see, the Chinese market has been weaker than expected, which is the
MobilityJan. 4, 2016
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Shipbuilders vow profit turnaround
The Okpo shipyard of Daewoo Shipbuilding & Marine Engineering (Yonhap) CEOs of the nation’s top three shipbuilders -- Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries -- vowed to make a turnaround this year in their respective New Year’s messages on Monday. “The market will not wait for us anymore unless the company makes a profit this year,” HHI CEO Kwon Oh-gap said, presenting the firm’s annual order target of $19.5 billion for 2016, down $3.4
BusinessJan. 4, 2016
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Chinese stock markets closed after shares fall
Chinese stock markets closed after shares fall 7%SHANGHAI (AFP) -- Chinese authorities for the first time closed the Shanghai and Shenzhen stock exchanges early under a “circuit breaker” mechanism to curb volatility after shares fell seven percent Monday, raising concern over their commitment to market openness.China‘s stock indices plummeted in mid-2015 as a debt-fuelled bubble burst, sending ripples through global exchanges and wiping trillions from market capitalizations.The falls prompted wi
World BusinessJan. 4, 2016
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Jin Air's emergency landing stirs budget airline safety fears
Disputes escalated over the safety of low-cost carriers Monday after a passenger jet of Jin Air made an emergency landing because a door was not properly closed.The LJ038 flight of Jin Air Co., owned by Korean Air, returned to Mactan-Cebu International Airport at 1 a.m. local time, about 20-30 minutes after it departed for Busan. The decision was made by the pilot as the plane carrying 163 passengers was flying at an altitude of 10,000 feet, or about 3,000 meters. The captain made the call after
IndustryJan. 4, 2016
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Minister urges passage of labor reform bills
South Korea’s labor minister renewed his calls for the passage of labor market reform bills Monday in his New Year’s speech, amid growing resistance from the labor bloc and political wrangling over the pending bills at parliament. With the National Assembly’s extra session expected to end Friday, Lee Ki-kwon, the minister of employment and labor, underscored the need for bills to revamp the nation’s labor market to create jobs for the young and reduce job uncertainties. Members of the Korea Conf
Social AffairsJan. 4, 2016
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Ahn vows to move forward as 3rd political force
Independent Rep. Ahn Cheol-soo reiterated Monday that his new party proposed to be launched next month would distance itself from the main opposition party, vowing to transform the decades-old two-party political system into a multiparty system.“It is an outdated mentality that the opposition must align to do well in the general elections. It seems to suggest that we should maintain the vested interests of the main two parties,” Ahn said in a radio interview with local station CBS. “We must prep
PoliticsJan. 4, 2016
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Student councils, scholars denounce sex slave deal
A local scholars’ group on Monday called for the immediate annulment of last week’s agreement between South Korea and Japan on wartime sex slavery, saying it is working with 380 intellectuals and activists across the world to establish a society solely dedicated to the “comfort women” issue. The student councils of Hankuk University of Foreign Studies and Ewha Womans University also called on the government to scrap the agreement, while encouraging other universities to join their cause.The grou
Social AffairsJan. 4, 2016
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Child care crisis looms as funding standoff persists
The Education Ministry stepped up its offensive against local education superintendents this week, with the government and regional offices locking horns over who is responsible for funding the “Nuri” child care and education subsidy program.“Some education offices’ refusal to allocate a budget for the Nuri program infringes on children’s right to be educated. Superintendents should immediately take measures to stop the ‘child care’ crisis, and be mindful that they are responsible for the situat
Social AffairsJan. 4, 2016
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Election map row weighs on Assembly
Preliminary candidates for the April general elections on Monday filed a lawsuit against the National Assembly and incumbent lawmakers for violating their rights, as it appeared unlikely for the lawmakers to determine the new constituencies by the end of the grace period this Friday, already well past the deadline. The three candidates from the Saenuri Party -- Im Jeong-seok, Jeong Seung-yeon and Min Jeong-sim -- claimed the Assembly violated the law since it had abandoned its obligation to red
PoliticsJan. 4, 2016
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Drinking, smoking, obesity cost South Korea W23tr: report
Problems and damages resulting from excessive drinking, smoking and obesity cost South Korea 23.3 trillion won ($19.7 billion) in 2013, which was equivalent to nearly half of the spending on medical costs covered by the national health insurance, a report showed Monday. The report, written and released by the Health Insurance Policy Research Institute under Korea’s National Health Insurance Service, said problems resulting from drinking cost Korea 9.4 trillion won, smoking 7.1 trillion won and o
Social AffairsJan. 4, 2016