Most Popular
-
1
AI textbook bubble could burst, expert warns
-
2
Samsung tightens its belt amid crisis winds
-
3
Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
-
4
North Korean trash balloons cross border day after Seoul military parade
-
5
Prosecution closes 'Dior bag' case amid opposition uproar
-
6
Court confirms sentence for rapper who attempted to evade national service
-
7
N. Korea may revoke 1991 Inter-Korean Basic Agreement in parliament: Seoul
-
8
[Kim Seong-kon] Understanding uniquely American things
-
9
Ministry confirms irregularities in national soccer coach hiring
-
10
Yoon, Ishiba discuss cooperation on N. Korea in 1st phone talks
-
Schneider Electric expands investment in Asia
Multinational energy corporation Schneider Electric plans to invest a total of 65 million euros ($71 million) in Singapore in the next few years to set up a new control tower and headquarters in Asia, company officials said Wednesday.The new Asian headquarters in Singapore will be in charge of Korea, Taiwan, Mongolia and the Southeast Asian region.Schneider Electric plans to concentrate on providing innovative energy management solutions in the East Asian region, as well as build a software indu
IndustryOct. 28, 2015
-
[Kim Myong-sik] Park’s ill-conceived history textbook reform project
In spring 2017, about a year before the end of her five-year term, President Park Geun-hye will take the first look at new Korean history textbooks for middle and high schools, satisfied with the fruition of a project she had initiated this fall. Or, will she? It is foreseen that the major candidates for the year’s presidential election, not only from the opposition but also from the ruling party, will have included the scrapping of the new history textbooks in their respective campaign pledges.
ViewpointsOct. 28, 2015
-
[David Ignatius] Can Xi Jinping control China’s wave of change?
Some of the luxury boutiques along Des Voeux Road here seemed nearly empty of Chinese customers at times last weekend. With an anticorruption campaign raging on the mainland, this evidently isn’t the moment for Chinese to engage in conspicuous consumption. “Party tightens grip on dissenting voices,” headlined the South China Morning Post last Friday. The story reported that the Communist Party’s latest rules had banned golf, gluttony, intra-party cliques and “inappropriate sexual relations.” Th
ViewpointsOct. 28, 2015
-
BASF completes plastics compounding plant in Yesan
Global chemicals company BASF has begun operating a new plant for manufacturing engineering plastic compounds in Korea, which company officials said will significantly drive up the firm’s polyamide and polybutylene terephthalate production in the country. The new compounding plant located in Yesan, South Chungcheong Province, is able to produce up to 36,000 metric tons of BASF’s self-developed engineering plastic compounds Ultramid (polyamide) and Ultradur (polybutylene terephthalate) -- chemica
IndustryOct. 28, 2015
-
German orchestras to usher in the autumn
Staatskapelle Dresden orchestra’s guest conductor Chung Myung-whun (Matthias Creutziger)Following a number of world-class ensembles that have graced the Seoul stage this year, the month of November promises to be a much-welcomed continuation of some of the classical music world’s best. The Seoul Arts Center is gearing up to play host to three of Germany’s oldest and celebrated orchestras -- the Staatskapelle Dresden, the Frankfurt Radio Symphony Orchestra and the Munich Philharmonic Orchestra.
PerformanceOct. 28, 2015
-
[팟캐스트](117) 이산가족 상봉 외 1건
진행자: 이현정, Julie Jackson 1. 이산가족 상봉단 60여 년 만에 재회 기사요약: 이산가족 남측 상봉단 389명이 지난 20일 북측 가족 상봉단과 60여년 만에 재회했다. 이들은 2박 3일동안 총 6차례에 걸쳐 가족들은 12시간 만났다. 이번 행사는 1년 8개월 만이다. 상당수의 이산가족이 고령화된 가운데 상봉 정례화에 대한 목소리가 커지고 있다. 아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2 팟빵 (안드로이드): http://www.podbbang.com/ch/6638 Family reunions end with hope for reunification [1] The three-day reunions for the members of 90 families, separated by the border, ended Monday with ov
PodcastOct. 28, 2015
-
Expectations low for first Park-Abe summit
The leaders of South Korea and Japan will hold their first-ever bilateral summit Monday in Seoul, paving the way for improved ties that remained strained for years over historic and territorial disputes. (Yonhap)The summit will take place a day after trilateral talks among the two countries and China, Kim Kyoo-hyun, senior presidential secretary on foreign affairs said at Cheong Wa Dae on Wednesday. The leaders will have an in-depth talk on a wide range of issues including sex slaves, but they w
Foreign AffairsOct. 28, 2015
-
[Editorial] Abused guarantees
Top financial regulators are stepping up pressure on creditor banks to push ahead with corporate restructuring. They are urging bank officials to weed out nonviable companies by the end of this year. Jin Woong-sup, head of the Financial Supervisory Service, stressed the need to speed up the restructuring process when he met with the heads of the nation’s top 10 banks on Tuesday. Referring to the slowing Chinese economy and the expected increase in U.S. interest rates, he called on the top bank
EditorialOct. 28, 2015
-
[Editorial] Trilateral summit
Korea, China and Japan will resume their long-stalled trilateral summit this weekend, starting to make joint efforts to normalize their frayed relations. President Park Geun-hye has invited Chinese Premier Li Keqiang and Japanese Prime Minister Shinzo Abe to the summit, slated for Nov. 1 in Seoul. Each leader will also have bilateral meetings with the other two before or after the summit. Park’s meeting with Abe is drawing keen attention as it will be their first one-on-one since they took offi
EditorialOct. 28, 2015
-
Park to hold talks with Abe next week
President Park Geun-hye will meet with Japanese Prime Minister Shinzo Abe next week, Cheong Wa Dae said Wednesday, in the first bilateral summit between leaders of the two neighbors in more than three years.Park has so far shunned a bilateral meeting with Abe due to territorial and other historical disputes stemming from Japan's 1910-45 colonial rule of the Korean Peninsula.Park is set to meet with Abe next Monday, Kim Kyou-hyun, senior presidential secretary for foreign affairs, told reporters.
Foreign AffairsOct. 28, 2015
-
Lotte suffers over 1tn won loss in China: chairman's brother
Lotte Shopping, a key retail unit of Lotte Group, has racked up a huge loss from its Chinese operations over the past four years, the elder brother of the group chairman claimed Wednesday, demanding a right to review the firm's financial report. Shin Dong-joo, the elder son of Lotte founder Shin Kyuk-ho, filed several legal suits against Lotte Group Chairman Shin Dong-bin, his younger brother, to nullify his dismissal from executive posts from Lotte Holdings Japan and to gain the right see and c
CompaniesOct. 28, 2015
-
Samsung C&T logs net profit of 2.8 tn won in Q3
Samsung C&T Corp., the fashion and trading arm of Samsung Group, said Wednesday it posted a net profit of 2.8 trillion won ($2.4 billion) in the third quarter of the year.Operating profit came to 68.09 billion won in the July-September period, while sales reached 3.53 trillion won, the company said in a regulatory filing.Samsung C&T didn't provide on-year or on-quarter comparisons because it was launched in September following a merger between Cheil Industries Inc. and Samsung C&T Corp., a const
Oct. 28, 2015
-
GS Engineering Q3 net surges 67%
GS Engineering & Construction Co., a South Korean construction firm, said Wednesday that its third-quarter net profit soared 67 percent from a year earlier on a boom in the local property market.Net profit reached 53.4 billion won ($47.2 million) in the July-September period, compared with a profit of 1.2 billion won a year earlier, the company said in a regulatory filing.Operating income dropped 54 percent on-year to 11 billion won in the third quarter, while sales surged 21 percent to 2.79 tri
Oct. 28, 2015
-
Seoul shares nearly flat amid U.S. rate hike woes
South Korean stocks closed little changed Wednesday as investors took a wait-and-see approach amid jitters about a U.S. rate hike. The local currency ended flat against the U.S. dollar. The benchmark Korea Composite Stock Price Index lost 2.14 points, or 0.1 percent, to finish at 2,042.51. Trading volume was moderate at 387.8 million shares worth 4.93 trillion won ($4.34 billion) with decliners outstripping gainers 487 to 314. "Investors stayed on the sidelines as they're looking for answers (ab
Oct. 28, 2015
-
Korea seeks to improve shipyards' accounting practices
The South Korean top financial regulator said Wednesday that it will seek to tighten monitoring of local shipbuilders' accounting practices amid their massive losses stemming from an industrywide slump.In the second quarter, the country's big three shipyards -- Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co., -- racked up a combined loss of 3.78 trillion won ($3.3 billion) due largely to a rise in shipbuilding costs and losses from offs
Oct. 28, 2015
-
Choi Si-won hits 5mn Twitter followers
Super Junior member Choi Si-won has racked up more than 5 million Twitter followers five years after making his debut on the micro-blogging site. Choi, who is expanding his singing and acting career worldwide, has amassed 5,001,170 followers as of Tuesday morning, according to the website.Super Junior‘s Choi Si-won (OSEN)Choi has been had the highest number of followers among Korean Twitter users since December 2011. The “Sorry Sorry” singer has been focusing on his acting career lately, with fo
Oct. 28, 2015
-
Olle echoes Santiago trail
JEJUDO ISLAND -- What is it about hiking and backpacking on a long trail that is so alluring?There have been movies like “The Way” and “Wild” that tell the stories of characters trekking long distances to their destination.Like in the movies, it is physically painful and challenging while on smooth, rocky, sandy and uphill roads.But at the end, people can gain a sense of accomplishment, and most importantly, let go of sorrow, clear their minds and start anew like those characters endeavoring alo
TravelOct. 28, 2015
-
New task force to undertake faltering KF-X project
South Korea plans to launch a new project team which will take charge of the faltering fighter jet development program before the end of this year, an official from the Ministry of National Defense said Wednesday."For the success of the KF-X project, which is invested with huge funds and spawned technology development controversy, the project team will be established under the wing of the head of the Defense Acquisition Program Administration," the official said. The new team will be staffed wit
DefenseOct. 28, 2015
-
Korea economy to grow 3% in 2016: think tank
The South Korean economy is expected to grow 3 percent in 2016 from this year amid a prolonged slump in exports and a delay in the recovery of domestic demand, a major think tank said Wednesday.The forecast by the Korea Institute of Finance is grimmer than the government's prediction of 3.3 percent and the Bank of Korea's 3.2 percent projection. But it is slightly higher than forecasts made by South Korean private economic think tanks.The KIF also predicted Asia's fourth-largest economy to expan
Oct. 28, 2015
-
Regional powers gather to discuss peace, cooperation
Senior government officials from South Korea, the United States and other regional powers gathered in Seoul on Wednesday to discuss ways to promote peace and cooperation in a region fraught with historical and territorial disputes.President Park Geun-hye launched the Northeast Asia Peace and Cooperation Initiative in 2013 with the aim of building regional peace by first cooperating on soft issues, such as nuclear safety, disaster management and the environment.The second government-level meeting
Foreign AffairsOct. 28, 2015