Most Popular
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Ex-presidential official’s leaked phone call rattles conservative bloc
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Pay debate plagues foreign nanny pilot
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K-pop star lip-syncing controversy flares up again
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35% of S. Koreans view unification 'unnecessary'
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Man escapes DUI charges by downing bottle of soju while pulled over
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Prosecution closes 'Dior bag' case amid opposition uproar
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Pianist Lim Yunchan double winner at Gramophone Awards
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Court confirms sentence for rapper who attempted to evade national service
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[Reporter’s Notebook] Was Netflix film opening BIFF really a bad thing?
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N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
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Homeplus employees walk out over job security
Unionized workers at Homeplus walked off their jobs on Wednesday ahead of a busy holiday season, demanding that MBK Partners, a Seoul-based private equity fund that acquired South Korea's No. 2 discount retail chain, guarantee their job security. Early this month, MBK Partners sealed a $6.1 billion contract in the nation's largest-ever buyout deal to take over Britain-based retail giant Tesco Plc's Korean unit. Although MBK earlier promised to respect the current terms of its members' employm
IndustrySept. 23, 2015
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S. Korea to retest fuel efficiency of Volkswagen vehicles: sources
South Korea will conduct fuel efficiency tests on imported Volkswagen models again amid a growing controversy over the German carmaker accused of cheating diesel engine emission test results, government and industry sources said Wednesday. Last week, the U.S. Environmental Protection Agency said that Volkswagen used software that activates emission controls only when the car is going through official testing. Some suspect that the pollution level could be 40 times higher in case the controls ar
IndustrySept. 23, 2015
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Gyeongju World Culture Expo gaining students’ attention
The Gyeongju World Culture Expo in the ancient Silla capital city of Gyeongju is gaining attraction from students as a knowledge destination where they can learn about the Silla history and Korean cultural heritage.According to the expo’s organizing committee, about 150 schools nationwide have planned their field trips to the expo -- which kicked off last month for 59 days under the theme of “Eurasia Cultural Express: Silk Road Cultural Festival."Among many shows and performances, “Flying: Hwara
CultureSept. 23, 2015
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Lotte steps up efforts to defend duty-free stores in Seoul
South Korean retail giant Lotte Group is stepping up efforts to defend two of its duty-free stores in downtown Seoul whose operational licenses are nearing expiration, in the face of challenges from other retailers eyeing the lucrative bid. Lotte Duty Free, the nation's No. 1 operator and the world's fifth-largest, said Wednesday it will submit bids with the Korea Customs Service for two stores in Seoul as their operational licenses are set to expire in December. One is located in major shoppin
IndustrySept. 23, 2015
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S. Korea to go all-in to create jobs for young people
South Korea will concentrate all of its available resources on helping create new jobs for young people who find it really hard to get hired, the top economic policymaker said Wednesday. The country remains dogged by high youth unemployment. In August, the jobless rate for people between the ages of 15 and 29 hit 8 percent, much higher than the headline rate of 3.4 percent. Finance Minister Choi Kyung-hwan said the government will make full use of its budget and taxation policies to help creat
Social AffairsSept. 23, 2015
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Allies at crucial moment on N. Korea: officials
South Korea and the United States stand at a crucial juncture over the North Korea issue, senior officials said Wednesday, amid Pyongyang's move to fire a long-range rocket. In a meeting with visiting chief U.S. nuclear envoy Sung Kim, Vice Foreign Minister Cho Tae-yong said his trip is "timely," given the North Korea challenge facing the allies. "As you said, it is an important period in terms of our North Korea coordination," Kim replied. After exchanging brief opening remarks in front of t
North KoreaSept. 23, 2015
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S. Korea begins making mini drones to surveil N. Korea
South Korea began to churn out mini-size drones Wednesday to better surveil North Korea's military activities along the land and sea borders, the defense acquisition agency said. Local drone manufacturer UCON System delivered its first batch of the unmanned aerial vehicles, known as the Remoeye-002B, after three years of development, the Defense Acquisition Program Administration said in a statement. Measuring 1.4 meters long and 1.8 m wide, the drones can fly at a maximum speed of 80 kilome
DefenseSept. 23, 2015
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Korean households' excess cash holdings shrink in Q2
Excess cash held by South Korean households and non-profit organizations fell in the second quarter from three months earlier as domestic spending picked up with more people purchasing homes amid a great surge in home rental fees, central bank data showed Wednesday.Excess funds held by households and non-profit agencies here came to 24.9 trillion won ($21.01 billion) at the end of June, down from 29.6 trillion won at end-March, according to the data from the Bank of Korea.Excess funds refer to m
Sept. 23, 2015
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Cancer leading cause of death in S. Korea in 2014: data
Cancer remained the leading cause of death in South Korea in 2014, with the death rate from the disease also rising steadily, government data showed Wednesday. A total of 75,334 people died of cancer last year, which accounted for 28.3 percent of all deaths reported last year, according to the data provided by Statistics Korea. Cancer's death rate -- the number of deaths per 100,000 people -- stood at 149 last year, up from the previous year's 146.5. Cardiovascular, or heart-related, disease
TechnologySept. 23, 2015
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Daum Kakao sets sail under new name, chief
Daum Kakao Corp., the operator of South Korea's most popular mobile messenger KakaoTalk, renamed itself and appointed a new chief executive officer on Wednesday, marking a turning point almost a year after its merger. At an emergency meeting, shareholders approved plans to rename itself Kakao and appoint nominee Rim Ji-hoon the new chief executive, the company said in a regulatory filing. In October last year, leading search engine operator Daum Corp. merged with Kakao Corp., which started out
IndustrySept. 23, 2015
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BMW to recall over 55,000 cars sold in S. Korea
BMW Korea, the local importer of the German luxury automobile brand, is recalling 55,737 cars sold in South Korea for problems found in timing belt tensioners, the transportation ministry said Wednesday. According to the Ministry of Land, Infrastructure and Transport, a combined 24 BMW and MINI models have faulty tensioners that can cause the vehicles to lose power while being driven. MINI is part of BMW AG that specializes in small cars. All of the affected cars were built between Nov. 13,
IndustrySept. 23, 2015
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Gen. MacArthur had planned to transfer controls to S. Korea during Korean War
U.S. Gen. Douglas MacArthur had voiced willingness to return controls to South Korea's first president after leading a military operation to recapture Seoul from invading North Korean troops during the 1950-53 Korean War, a document showed Wednesday. Gen. MacArthur led an amphibious operation, named "the Incheon landing mission" on Sept. 15, 1950, as the commander of the Allied Forces which fought against North Korean troops during the three-year conflict. The operation helped turn the tide f
DefenseSept. 23, 2015
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CGV opens 50th theater, decade after advancing to China
CJ CGV, one of South Korea's largest multi-screen cinema chains, opened its 50th theater in China Wednesday, 10 years after it made a foray into the fast-growing Chinese market, the company said. A new CGV theater with 10 screens, including an IMAX, opened its doors to the public at a large shopping mall in Foshan, Guangdong Province, making it the 50th such theater in China. Including the new facility, CGV currently operates 50 chain theaters with 401 screens in 28 cities around the country.
IndustrySept. 23, 2015
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Veteran arrested for fleeing with hand grenade
A 50-year-old veteran who disappeared with a hand grenade, saying he would kill his ex-wife's boyfriend, was arrested here Wednesday, police said. The Cheorwon Police Station reported that they arrested the retired soldier, surnamed Lee, at 7:08 a.m. on a mountain in Cheorwon, Gangwon Province, 88 kilometers northeast of Seoul, after receiving a report from a mountain climber. The hand grenade in Lee's possession was also reclaimed safely. (Yonhap)Lee, while drunk, allegedly had a quarrel wit
Social AffairsSept. 23, 2015
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KT to invest 13 tln won in securing new growth engines
South Korea's No. 2 mobile carrier KT Corp. said Wednesday it plans to invest 13 trillion won ($10.9 billion) until 2020 to find new sources of profits and tap deeper into the intelligent industry. Under the plan, KT will establish the Intelligent GiGA Infra, which connects the latest technologies, including cloud computing and big data. The announcement of the massive investment plan coincides with the 130th anniversary of KT, which started out as a state telegram organization in 1885. "Thro
IndustrySept. 23, 2015
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SK Telecom, Samsung to join hands for key IoT tech
South Korea's top mobile carrier SK Telecom Co. said Wednesday it has agreed to cooperate with Samsung Electronics Co. on a power-efficient network technology utilized for Internet of Things products. Under the deal, SK Telecom and Samsung will develop the Low Power Wide Area Networks technology, which allows long-range communication with less energy consumption. SK Telecom said it aims to develop new modules that use the LPWAN technology. The telecom company said the technology can be applied
IndustrySept. 23, 2015
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U.S. citizen accused of murdering S. Korean student extradited
A U.S. citizen accused of murdering a South Korean college student in 1997 was extradited to South Korea on Wednesday. Arthur Patterson arrived at Incheon airport, west of Seoul, Wednesday morning. He is suspected of stabbing a college student, identified by his surname Cho, multiple times at a Burger King in the popular foreigner district of Itaewon in central Seoul 18 years ago. Arther Patterson, a U.S. citizen accused of murdering a South Korean college student in 1997 was extradited to S
Social AffairsSept. 23, 2015
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S. Korea, U.S. start defense talks amid looming N. Korean missile launch
South Korean and U.S. defense officials were to begin their annual two-day senior-level talks on Wednesday to discuss countermeasures on North Korea's possible long-range missile launch in the coming weeks. The Korea-U.S. Integrated Defense Dialogue (KIDD) will run from Wednesday to Thursday in the Ministry of National Defense in Seoul, with each side headed by Yoo Jeh-seung, deputy minister for policy, and Abraham Denmark, deputy assistant secretary of defense for East Asia, and Elaine Bunn,
DefenseSept. 23, 2015
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Hyundai Motor workers go on partial strike
Unionized workers at Hyundai Motor Co. went on partial strike Wednesday, raising worries that a prolonged walkout could deepen woes for the country's largest automaker, which is already facing tough business conditions at home and abroad. The strike came after both sides failed to produce a breakthrough the previous day over a pay raise and other working conditions. This marked the fourth consecutive year a walkout has taken place at Hyundai Motor. The strike started with morning-shift workers
IndustrySept. 23, 2015
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China's Xi expresses firm commitment to nuclear-free Korean Peninsula
Chinese President Xi Jinping expressed a firm commitment to a nuclear-free Korean Peninsula and pledged to work closely with the United States to achieve the goal through peaceful means, according to an interview published Tuesday. "China's position for denuclearization of the Korean Peninsula is firm and clear-cut. At the same time, we believe that the denuclearization, peace and stability of the Korean Peninsula should be achieved through peaceful means," Xi said in an interview with the Wall
InternationalSept. 23, 2015