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
Yoon warns North Korea against nuclear attack attempt
-
4
Park Zi-a, the actor who played 'The Glory' heroine's mother, dies
-
5
Miss Universe Korea names 80-year-old model 'best dressed'
-
6
Shut up and dance
-
7
NewJeans fans corner Hybe amid PR backlash, looming National Assembly audit
-
8
Israel targets Palestinian group in first strike on Beirut center
-
9
Brit pop legend Oasis to perform in Seoul next year
-
10
Seoul mayor suggests shift in immigration policy
-
Billionaires' stock value hits all-time high
The combined market value of stocks held by the top 100 stock-rich people surpassed the 100 trillion-won ($849.25 billion) mark for the first time, aided by a rise in stock prices of cosmetics and bio firms, data showed Thursday.According to data compiled by market researcher Chaebol.com, the country's top 100 stock-rich people held 103.83 trillion won worth of stocks as of Wednesday.The figure is equivalent to 8.3 percent of the total market capitalization and 27 percent of South Korea's budget
Dec. 31, 2015
-
Korea's consumer prices growth hits 16-month high in Dec.
South Korea's consumer prices grew at the fastest pace in 16 months in December, a government report showed Thursday, amid government-led efforts to stave off deflation concerns.The country's consumer price index rose 1.3 percent this month from a year earlier, according to the report by Statistics Korea, marking the highest level since August 2014, when it hit 1.4 percent."As global oil prices experienced a relatively gentle fall this month, compared to a year ago, the December figure recorded
Dec. 31, 2015
-
North Korea forging ahead with excavation of new nuclear test tunnel: 38 North
North Korea is forging ahead with excavation of a new tunnel at its Punggye-ri nuclear test site, a U.S. research institute said Wednesday.New high-resolution commercial satellite imagery shows a canopy set up at the entrance of the new tunnel to shield against falling debris as well as mining cart tracks used to transport spoil from excavation, 38 North said in a report."The presence of the mining cart tracks shows that excavation is continuing with no indication of when it will be completed,"
North KoreaDec. 31, 2015
-
Trump again accuses South Korea of getting defense free-ride from U.S.
Republican presidential front-runner Donald Trump repeated his unfounded criticism of South Korea on Wednesday that the wealthy Asian nation relies on the U.S. for national defense without giving anything in return."I order thousands of televisions, they're all from South Korea. So we have 28,000 people on the border separating South Korea from this maniac in North Korea. We get nothing ... We get nothing. They're making a fortune. It's an economic behemoth," Trump said during a campaign speech
DefenseDec. 31, 2015
-
[Newsmaker] Maestro Chung bids farewell
Maestro Chung Myung-whun was met with howling cheers, applause and standing ovations from his local audience in the conductor’s final concert with the Seoul Philharmonic Orchestra on Wednesday night. The concert comes just one day after Chung submitted his official resignation as music director, citing the orchestra’s ongoing legal dispute regarding human rights violations by its former head as the reason for his departure after a decade at its helm. Maestro Chung Myung-whunPrior to the concer
PerformanceDec. 31, 2015
-
Watchdog issues ultimatum on constituency remapping
As the rival parties remained deadlocked over redrawing the electoral districts with two days remaining for the legal deadline, the nation’s election watchdog said Wednesday it would offer a grace period, allowing preliminary candidates to continue their campaigns for a while to minimize disruption.It also pledged to step in and take the matter in its own hands, should political parties fail to reach an agreement during the extra period.“We urge the National Assembly to fix the new constituencie
PoliticsDec. 31, 2015
-
Samsung to showcase venture projects at CES
Samsung Electronics said Wednesday it will showcase venture projects such as a virtual keyboard for virtual reality headsets and a belly fat-tracking smart belt at the Consumer Electronics Show in Las Vegas next week. Samsung launched a venture-accelerating program, called C-Lab, in 2012 to support diverse venture ideas within the company. It will be the first time that the company has unveiled some of the projects at CES, the world’s largest electronics trade show. Key projects to be showcased
TechnologyDec. 31, 2015
-
Corporate restructuring on rise
Companies placed under creditor-led restructuring has reached the highest count in recent years in 2015 and the number is likely to rise even further next year, Korea’s financial regulator said Wednesday. The 123-story Lotte World Tower in Seoul is lit up with LED lights on Tuesday. (Yonhap)According to the Financial Supervisory Service, 15 troubled large companies are to be put under creditor-led rehabilitation, in addition to 35 already undergoing forced restructuring. That pushed the total n
Dec. 30, 2015
-
Korea faces sex slave backlash
Two days after the breakthrough on the sex slavery issue, Korea faces a double whammy of mounting Japanese efforts to dilute the agreement and eroding public and political support at home. Participants hold up pictures of victims of Japan`s WWII sexual slavery during a weekly rally held near the statue of a girl representing comfort women adjacent to a construction site of the Japanese Embassy building in central Seoul, Wednesday. (Yonhap)Seoul’s ongoing effort to appease the victims is being b
Foreign AffairsDec. 30, 2015
-
Victims protest sex slavery deal
South Koreans gathered across the street from the Japanese Embassy in Seoul on Wednesday to condemn Seoul and Tokyo for sealing a deal over Japan’s sexual enslavement of Korean women without consulting the victims or gaining their consent. Enraged by what they called political collusion between the two countries, nearly 1,000 people jammed into a narrow downtown street to participate in the 1,211st weekly rally held by the former sex slaves and their supporters. (Yonhap)The Korean Council for
Social AffairsDec. 30, 2015
-
Trending products of 2015
Samsung PaySamsung Pay is often touted as one of the most successful mobile payment solutions thanks to its versatility. The mobile payment system works with both NFC and magnetic strip terminals, while U.S. tech firm Apple’s payment app is only compatible with NFC terminals.Instagram Korea is one of the fastest-growing markets for Instagram, the photo-sharing mobile app owned by Facebook, with its user numbers more than doubling over the past year. KakaoTaxi Calls for KakaoTaxi, Kakao’s popular
IndustryDec. 30, 2015
-
Chart toppers of 2015
Dec. 30, 2015
-
Changwon theater troupe pays it forward
The Changwon Community Theatre paid it forward for its most recent play, raising funds for a local multicultural center.After a venue was provided for free, the group decided to keep costs low and give the money from ticket sales to the Gyeongnam Multicultural Families Support Center, a local welfare facility that provides services for the whole of South Gyeongsang Province. Director Sunil Mahtani said they chose the play, Norm Foster’s “Maggie‘s Getting Married,” as a strong play that allowed t
Expat LivingDec. 30, 2015
-
Itaewon GVC announces volunteer activities
Itaewon Global Village Center has announced its volunteering program for January.The activities include helping people at Yongsan Center for the Disabled make craftworks for sale on Jan. 8.On Jan. 19 native- and nonnative-speaking volunteers will join an English conversation class at a Yongsan Senior Welfare Center as part of an initiative to help old people fight Alzheimer’s disease, and on Jan. 20 the Itaewon GVC will volunteer at Young Aena’s Home for children with cerebral palsy.Activities t
Expat LivingDec. 30, 2015
-
Volunteers invited to help out at Seoul home for disabled
A group of volunteers will get together to help out at Angel House, a center in northwest Seoul that is home to about 50 disabled residents. The volunteers go once or twice a month to the house to clean the facilities, do laundry, cook and help with basic personal hygiene for the residents.Joining in requires a 10,000 won donation, which goes toward facility upkeep and food for residents and volunteers.The group meets at 1:30 p.m. at Yeonsinnae Subway Station on Line No. 3.To join in or get more
Expat LivingDec. 30, 2015
-
Gwangju center offers cultural courses
Gwangju International Center is running a program of cultural classes in January on a range of language and other subjects.Adult courses include basic Spanish, Japanese and Italian, as well as classes on K-pop and calligraphy. There are children’s courses on Saturdays. Schedules for the adult classes vary.The weekly classes run from Jan. 5-30 and registration closes Monday.Tuition fees are 40,000 won for all classes except English conversation, which is 80,000 won. Fees do not include textbook c
Expat LivingDec. 30, 2015
-
Top expat blog closes as Marmot goes back into his hole
One of Korea’s most high-profile expat blogs has shut off its server space after 12 years online.Robert Koehler’s Marmot’s Hole blog was a mainstay of the expat blogosphere, but was closed Monday, as the author said he was no longer willing to commit the time and money needed to maintain it.“I’ve been doing it since 2003 and, you know, I just wasn’t feeling it anymore. And frankly it was more aggravation than it was anything else,” he said.“To be honest, blogging is, I think to some extent it’s
Expat LivingDec. 30, 2015
-
[Graphic News] 2015 in numbers
Dec. 30, 2015
-
Korea on tough road to transformation
Song Young-ki, the 28-year-old CEO of start-up DLighter, has a chic office in the business district of Gwanghwamun in central Seoul. Though his 1-year-old company has yet to generate revenue as its mobile app is still in the pilot stage, Song does not have to worry about rent or look for coffee shops that provide free Wi-Fi access.Furnished with desks and sofas designed in a futuristic concept and even a foosball table, the 320-pyeong (1,058-square-meter) office is where he spends days and night
IndustryDec. 30, 2015
-
One gadget to rule them all: LGE touts smart appliance gateway
After releasing an eye-catching gadget that transforms home appliances into connected products earlier this year, LG Electronics on Wednesday unveiled a new device that serves as a gateway to those smart products.Dubbed the SmartThinQ Hub, the device shows the statuses of connected devices either on its display placed on the top of the cylindrical body or via users’ smartphones. A models poses with SmartThinQ Hub, a cylinder-shaped gadget that collects the data of smart home appliances and shows
TechnologyDec. 30, 2015