Most Popular
-
1
AI textbook bubble could burst, expert warns
-
2
Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
-
3
Samsung tightens its belt amid crisis winds
-
4
North Korean trash balloons cross border day after Seoul military parade
-
5
Ex-presidential official’s leaked phone call rattles conservative bloc
-
6
Prosecution closes 'Dior bag' case amid opposition uproar
-
7
Man escapes DUI charges by downing bottle of soju while pulled over
-
8
Pay debate plagues foreign nanny pilot
-
9
K-pop star lip-syncing controversy flares up again
-
10
Court confirms sentence for rapper who attempted to evade national service
-
LG’s cosmetics unit collaborates with Moomin
LG Household & Health Care, the cosmetics, drinks and consumer goods-maker under LG Group, is celebrating the 70th anniversary of Moomin by launching a special collaborative makeup collection featuring the Finnish character. Cathy Cat Colorist, the company’s makeup brand, has designed its flagship makeup products, including its foundation, lip products, mascara and eye shadow, to showcase Moomin. In celebration of the Cathy Cat Code x Moomin edition, the cosmetics company is giving out Moomin b
IndustryOct. 8, 2015
-
Hanyul launches Geuk Jin Eye Cream
Hanyul, a cosmetics brand owned by AmorePacific, has newly launched the Geuk Jin Eye Cream made with its flagship fermented ginseng extract technology. The new eye cream helps tighten the skin around the eyes to achieve a more youthful look. The cream is designed to go along well with other products from Hanyul’s Geuk Jin lineup. “For those worried about eye wrinkles, the cream can help rejuvenate the skin around the eyes for thorough, concentrated treatment,” said Hanyul’s brand manager Yang
IndustryOct. 8, 2015
-
CJ O Shopping showcases winter fashion on runway
CJ O Shopping showcased some 100 new winter fashion items from 26 brands at the 2015 Fashion Real Way fashion show held in Seoul Tuesday. All of the showcased clothes, designed to be worn in everyday life, are scheduled go on sale through the firm’s home shopping channel this winter season. Among the participating brands were designers Yang Yun-ho and Park Mun-hee’s Yunho Munhee, Kye Han-hee’s KYE, Steve J and Yoni P’s Steve Yoni Studio. Lee Jung-sun’s Tiger in the Rain and New York-based Vera
IndustryOct. 8, 2015
-
Design gurus to gather in Seoul
The annual Herald Design Forum will return for its fifth edition on Nov. 10, bringing together the design world’s big names to Seoul. Since its launch in 2011, the forum, organized by Herald Corp., has been more than a celebration of past design accomplishments, presenting to designers, industry insiders as well as the general audience the most relevant topics on the future of design. This year, the forum will focus on how design acts as an intermediary and comprehensive platform between differe
Arts & DesignOct. 8, 2015
-
Korean bourse operator opens temp office in Singapore
South Korea's stock market operator said Thursday it has opened a temporary office in Singapore as part of its efforts to attract foreign investors.The Korea Exchange said its ad hoc office held an opening ceremony in the Southeast Asian country, with KRX Chairman Choi Kyung-soo and Asian financial officials attending, including Bill Herder, president of FIA Asia, a regional organization of the International Swaps and Derivatives Association."We expect the Singapore office to play a leading role
Oct. 8, 2015
-
U.S. envoy attacker indicted over assaulting prison staff
The 55-year-old man who attacked the top U.S. envoy to South Korea earlier this year has been indicted for assaulting prison staff, prosecutors said Thursday.The Seoul Central District Prosecutors' Office said Kim Ki-jong, who was found guilty of attacking Amb. Mark Lippert with a knife at a function in Seoul, is suspected of hitting a prison officer and a surgeon when he was denied the right to go to a hospital for his ankle injury.The staff rejected the request as the injury was treatable in j
Social AffairsOct. 8, 2015
-
Japanese party chief delivers Abe's message to Park
The leader of the junior partner in Japan's ruling coalition said Thursday that he delivered to President Park Geun-hye a personal letter from Japanese Prime Minister Shinzo Abe, which includes his hopes for future-oriented bilateral relations.Natsuo Yamaguchi, leader of Komeito, made the remarks to reporters in Seoul after meeting with Park earlier in the day. He arrived in Seoul on Wednesday for a three-day stay."Since 1965, when South Korea and Japan normalized their diplomatic ties, the two
Foreign AffairsOct. 8, 2015
-
U.S. citizen denies charges of murdering S. Korean student
A U.S. citizen accused of murdering a South Korean college student nearly two decades ago denied the charges Thursday.Arthur Patterson, who is suspected of stabbing college student Cho Joong-pil multiple times at a Burger King in the popular foreigner district of Itaewon in central Seoul in 1997, denied the charges, saying Korean-American Edward Lee committed the crime. Lee was also at the scene. "The crime was committed without a motive or purpose, which is only understandable when done by a ha
Social AffairsOct. 8, 2015
-
Vietnam starts work on S. Korea-funded sewerage treatment project
Vietnam has started work on a sewerage treatment project in the southern part of the country funded by South Korea, the finance ministry said Thursday.The new facility to be built in Long Xuyen City will enhance living and environmental conditions for some 280,000 people living in the surrounding areas, the ministry said."At present, the city does not have a modern sewerage treatment system, causing urban waste to flow directly into the river. This causes waterborne diseases and threatens the we
Social AffairsOct. 8, 2015
-
Bipartisan row escalates over state history textbooks
Rival political parties exchanged barbs Thursday as opposition lawmakers criticized the government's push to publish state history textbooks for secondary school students.Amid backlash from the main opposition New Politics Alliance for Democracy and scholars, the Ministry of Education has said it will announce next week the change in the system for the publication of the history textbooks for middle and high schools across the nation."President Park Geun-hye's order to the Ministry of Education
Social AffairsOct. 8, 2015
-
Defense minister under consideration to join Park's U.S. visit
Defense Minister Han Min-koo is under consideration to join President Park Geun-hye's state visit to the United States later this month, government officials said Thursday.The inclusion of Han in Park's entourage is expected to bolster her consultation with President Barack Obama on the defense front.Park is to fly to Washington for summit talks with Obama scheduled for Oct. 16. "A plan to let Defense Minister Han travel alongside President Park is being reviewed," a government official said. "I
DefenseOct. 8, 2015
-
S. Korea's foreign currency deposits sink to 15-month low in Sept.
Foreign currency deposits at banks in South Korea dipped for a fifth consecutive month in September, hitting the lowest level in 15 months, central bank data showed Thursday.Outstanding foreign currency deposits held by local residents came to $59.19 billion as of the end of last month, down $500 million from the previous month, according to the data from the Bank of Korea.Local residents include firms and foreign nationals who have stayed in the country for more than six months. The figure excl
Oct. 8, 2015
-
Foreign firms in Korea continue to grow: data
The number of foreign companies operating in South Korea continued to grow in 2014 as the country steadily attracted more businesses from abroad, government data showed Thursday.According to the data by the National Tax Service, the number of foreign invested firms reached 8,095 in 2014, up 0.5 percent from 8,056 the year before. The number of foreign firms with local branches or affiliates reached 1,770 last year, up 2.8 percent from 1,722 in 2013. Liaison offices of foreign firms which can lea
Oct. 8, 2015
-
FM calls for parliamentary support for U.N. development goals
Foreign Minister Yun Byung-se called on the National Assembly Thursday to help the government achieve the United Nations' new development goals, saying it is time South Korea expands its contributions to the international community.Last month, the U.N. adopted a set of sustainable development goals to end poverty and protect the planet over the next 15 years.South Korea vowed to donate $200 million in aid to help improve health and education for girls in developing countries."Our government will
Foreign AffairsOct. 8, 2015
-
Chinese media sheds light on N. Korea's education system
A Chinese state-controlled newspaper shed light on North Korea's education system on Thursday, ahead of the North's key anniversary later this week. North Korea expanded its universal and state-funded education system to 12 years from 11 years in 2013, offering a free education system which consisted of one year of kindergarten, five years of elementary school, three years of middle school and three years of high school. The People's Daily, the mouthpiece of the Chinese Communist Party, carried
North KoreaOct. 8, 2015
-
Hangeul set to become writing system for South American tribe
A team of Korean researchers has developed a system for transcribing the spoken language of a South American indigenous tribe using the Korean alphabet, "hangeul," the team said Thursday.The team led by Kwon Jae-il, a linguistics professor of Seoul National University, said they finished matching proper Korean consonants and vowels with the sounds of the Aymaran spoken language in August.The tribe currently writes its language using the Spanish alphabet and is considering whether to switch to ha
InternationalOct. 8, 2015
-
KDB sends out bidding notice for two units
State-run policy lender Korea Development Bank on Thursday posted a bidding notice for its brokerage and asset management units in a package deal as part of a government-led privatization scheme.The KDB said it will divest some 43 percent in KDB Daewoo Securities Co. and a 100 percent stake in KDB Asset Management Co. It will close the bidding on Nov. 2.It said investors can buy a package of the two KDB affiliates.Market watchers estimate the deals at as much as 2.3 trillion won ($1.99 billion).
Oct. 8, 2015
-
Lotte chairman's elder brother fights back in family feud
Shin Dong-joo, the elder brother of Lotte Group Chairman Shin Dong-bin, said Thursday he will sue his younger brother and the group's parent firm, rekindling a bitter family feud to gain control of South Korea's No. 5 conglomerate.Lotte has been mired in the family squabble involving founder Shin Kyuk-ho and his two sons -- Dong-joo and Dong-bin -- who were sparring to bolster their grip on the group, whose business spans from luxury hotels to amusement parks, mostly located in South Korea and J
CompaniesOct. 8, 2015
-
Pyeongyang denies role in alleged hacks into Seoul subway operator
North Korea denied an allegation Thursday that it had hacked into a Seoul subway operator last year, calling South Korea's accusation against it a childish political plot.The North is suspected of launching a cyber attack on two operating servers of Seoul Metro, which runs four major subway lines, for at least five months in 2014, according to a lawmaker from the ruling Saenuri Party. North Korea's key propaganda website, Uriminjokkiri, warned that South Korea will face a bigger backlash if it
North KoreaOct. 8, 2015
-
N.K. official thought to be purged re-appears in public
A senior North Korean official in charge of construction has accompanied North Korean leader Kim Jong-un on a visit to a flood-hit city, Pyongyang's media said Thursday, in his first public appearance in a year to quell rumors of his purge.Among Kim's entourage was Ma Won-chun, former director of the design department at the North's powerful National Defense Commission, when the North's leader visited the city of Rason on the North's northeast tip, according to the Korean Central News Agency.Kim
North KoreaOct. 8, 2015