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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Pianist Lim Yunchan double winner at Gramophone Awards
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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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Controversial cult leader’s sentence reduced to 17 years
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[KH Explains] Is private equity giant MBK a risk-taker or renegade?
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Finance Ministry urged to tackle rising national debts
The Ministry of Strategy and Finance has come under criticism for reportedly inflating its yearly growth target, which caused the government to see far less-than-expected tax revenue, opposition lawmakers said Monday.During the National Assembly’s audit on the ministry, Rep. Yun Ho-jung of the New Politics Alliance for Democracy said the Finance Ministry has set its nominal growth target of between 6 to 7 percent over the past three years.The main difference between real and nominal gross domest
Sept. 14, 2015
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Jonghyun to drop self-composed album
Jonghyun of SHINee will release a self-composed, self-written EP on Thursday. The nine-track album, titled “Story Op. 1,” includes the lead track “End of the Day,” a ballad highlighting Jonghyun’s warm and soft vocals and piano melody. Jonghyun (SM Entertainment)Jonghyun, who is a disc jockey for MBC music radio show “Blue Night,” revealed his self-written songs on a special program on the radio station titled “Blue Night Lyrics, That Man’s Composition.” The songs that were introduced in the p
Sept. 14, 2015
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SK eyes Japanese firms as models for reform
SK Group appears to be benchmarking big Japanese firms for reshaping its business after chairman Chey Tae-won’s return to management last month. SK Group focused on Toyota, Shinetsu, JX Nippon Oil & Energy and other Japanese companies’ cases of successful business reshuffles, in a company newsletter published Friday. The newsletter is the first to be issued since Chey’s return, and is seen as an indicator of the business empire’s future reforms. Chey was behind bars for three years on embezzlem
IndustrySept. 14, 2015
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[Editorial] Return to the old days?
Should the government have a monopoly on writing history textbooks? The answer has been a resounding no from historians, history teachers and now even the very experts who have been charged with establishing an outline for a government-written history textbook have spoken out against the plan, issuing a statement against such textbooks during a public hearing convened to discuss the standard for government-authored history textbooks. In fact, the debate over whether a government-led history text
EditorialSept. 14, 2015
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Han Sung Motor’s public art program changes Guro scenery
On the evening of Sept. 9, the usually crowded plaza in front of Guro Digital Complex Station became a festival venue. The cradle of Korea’s modern textile industry had become a run-down neighborhood after the country was reformed into a heavy industry-oriented, and then again to a technology-focused, economy, but on this day, the virtue of textiles and labor was celebrated highly. Han Sung Motor CEO Ulf Ausprung (center) poses with the “Dream Gream” members and other participants of the “City
IndustrySept. 14, 2015
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JYJ Junsu to release solo album
(C-Jes Entertainment) Junsu, a member of K-pop group JYJ, is set to release a solo album in October and to hold an Asian tour, C-Jes Entertainment said. “Junsu has gained a lot of popularity both in and outside the country by releasing three regular albums, successfully pulling off his solo career,” said a representative from C-Jes Entertainment. Junsu sold a record 120,000 copies of his album “Tarantallegra” after making his solo debut and successfully completing a world tour. His third albu
Sept. 14, 2015
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‘Visit Gyeongju -- the ancient capital of Silla’
Gyeongju in North Gyeongsang Province is a city where one can learn about the country’s ancient history and cultural heritage.The ancient capital of Silla Dynasty (57 B.C. – A.D. 935), one of Korea’s ancient Three Kingdoms, was the eastern end of the Silk Road that connected all the way to Europe via China both economically and culturally.To revitalize the spirit of this trade route and promote the Eurasian culture, the Gyeongju World Culture Expo has kicked off for a 59-day run with a variety o
CultureSept. 14, 2015
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Army general named JCS chief
Army Gen. Lee Sun-jin was named the first-ever Army Academy graduate to serve as chairman of the Joint Chiefs of Staff on Monday in a major reshuffle of the top military leadership. The 61-year-old chief of the Army’s 2nd Operations Command will replace Adm. Choi Yoon-hee, whose two-year stint ends in October. Gen. Lee Sun-jin (Defense Ministry)If he wins presidential approval on Tuesday and the ensuing parliamentary hearing, Lee will become the first Army Academy alumnus to take up South Korea’
DefenseSept. 14, 2015
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Joining military increasingly competitive
In the face of a long-running job crunch, young South Korean men are finding it increasingly difficult to join the military for the obligatory two-year service, with an acceptance rate hovering around a mere 13 percent this year, a lawmaker said Monday. Between January and July, only 84,224 out of 630,427 applicants were enlisted in the Army, Navy, Air Force or Marine Corps, beating odds of 1 in about 7.5, said Rep. Chung Mi-kyung of the ruling Saenuri Party, based on data submitted by the Milit
DefenseSept. 14, 2015
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[Herald Interview] Web archive offers insight into path of Korea’s development
South Korea has blazed its way into economic prosperity over the past seven decades, and the Korea Development Institute School has been sharing the country’s experience in social and economic development by providing an online database and education projects for civil servants from other countries, the school’s dean said Monday.Headlining the school’s mission is “K-Developedia,” an online database launched by the Sejong-based institute in 2012 which carries resources related to Korea’s developm
Foreign AffairsSept. 14, 2015
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Seoul shares down 0.51 pct ahead of U.S. Fed meeting
South Korean stocks fell 0.51 percent on Monday as investors took to the sidelines ahead of a crucial policy meeting by the U.S. Federal Reserve on a rate hike later this week. The local currency gained ground against the U.S. dollar.The benchmark Korea Composite Stock Price Index lost 9.91 points to 1,931.46. Trading volume was slim at 359.48 million shares worth 4.09 trillion won ($3.46 billion), with decliners outnumbering gainers at 519 to 297."The market remained bearish as investors kept a
Sept. 14, 2015
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Financial regulator downplays 'September crisis'
South Korea's top financial regulator on Monday vowed to take stern measures to mitigate any potential impact from China and the United States, dismissing ballooning fears of a financial crisis this month.The South Korean economy has been rattled by speculations that Asia's fourth-largest economy may brace for another financial jolt sometime this month in the aftermath of a much-awaited U.S. interest rate hike and China's stock market rout, which are feared to further worsen the country's alread
Sept. 14, 2015
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Defense company researcher jumps from apartment in apparent suicide
A researcher for a defense company jumped from an apartment building on Monday in an apparent suicide, prosecutors said, amid an investigation over his alleged involvement in shady defense equipment dealing.The 43-year-old Kim, who was working for LIG Nex1, was found by his wife at 2:45 a.m. in the apartment complex where he lived in Osan, Gyeonggi Province, 55 kilometers south of Seoul, prosecutors said.Before he was found, Kim left a text message to his wife saying he got involved in a probe o
Social AffairsSept. 14, 2015
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Hyundai Motor succeeds in localizing key fuel cell part
Hyundai Motor Co., South Korea's top automaker, said Monday that it has succeeded in localizing the production of a key fuel cell part, which it expects will reduce the overall cost in making fuel cell electric vehicles down the road.Hyundai Motor has been dependent entirely upon imports for its need for membrane electrode assembly, a core component of a fuel cell that helps produce the electrochemical reaction needed to separate electrons. It is often referred to as a cylinder in a combustion e
MobilitySept. 14, 2015
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S. Korea pushing to relink inter-Korean railway: minister
South Korea has been working to relink an inter-Korean railway to open a path to the Eurasian continent, Seoul's top official handling inter-Korean ties said Monday."If (the Koreas are) reunified, the Gyeongwon Line will link the South and the North and become a path of unification and hope extending to the world," Unification Minister Hong Yong-pyo said in an address marking his train journey from Seoul to the central border county of Cheorwon.Last month, South Korea began work to restore the G
Social AffairsSept. 14, 2015
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Mobile carriers bag over 9 tln won in net profit since 2010: data
Major mobile carriers in South Korea have reaped more than 9 trillion won ($7.6 billion) in net profit over the past five years, parliamentary data showed Monday. The cumulative net profit of the three telecom companies -- SK Telecom, KT Corp. and LG Uplus Inc. -- came to 9.6 trillion won from 2010-2014, with their combined revenue reaching 209.1 trillion won in the cited period, according to data submitted to a lawmaker for a parliamentary audit, which took place earlier in the day. Of the net
IndustrySept. 14, 2015
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Daum Kakao denies rumors over mobile casino games
Daum Kakao Corp., the operator of South Korea's most-used mobile messenger KakaoTalk, said Monday it has no plans to tap into the mobile casino market, denying earlier rumors surrounding its game business."Daum Kakao is not considering adopting casino content in the gaming platform," the company said. Rumors had it that Daum Kakao may launch gambling-related content on its entertainment platform linked to KakaoTalk, which boasts around 38 million users in the country of 50 million.Daum Kakao cur
Sept. 14, 2015
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Opposition party tables impeachment motion against home affairs minister
The main opposition party initiated an impeachment motion against the home affairs minister, who is accused of allegedly making comments in favor of the ruling party, an opposition spokeswoman said Monday.The New Politics Alliance for Democracy submitted the motion to the National Assembly earlier in the day, Han Jeong-ae said.The motion is a response to a controversial toast led by Minister of Security and Public Administration Chong Jong-sup three weeks ago during a dinner with lawmakers from
PoliticsSept. 14, 2015
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American professor 'uncommon,' but big step for Korean linguistics
Jeffrey Holliday began his "uncommon" class with an attendance check, matching the names of his students with their faces. A few latecomers entered the classroom, apparently trying to be unobtrusive.At first glance, it may look like just one of those routine college classes offered in English that have become popular in South Korea.But Holliday, a native of Cleveland, Ohio, was lecturing on an unexpected subject: the linguistics of Korean, more specifically "sociolinguistics," a study of dialect
Social AffairsSept. 14, 2015
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S. Korea, Japan, China to boost ties on Africa
Senior officials from South Korea, Japan and China will meet this week to discuss ways to promote trilateral cooperation in Africa affairs, Seoul's Foreign Ministry said Monday.The Trilateral Policy Dialogue on African Affairs will be held in Beijing on Tuesday, nearly four years after the last session was held in December 2011, the ministry said in a press release.The three countries' foreign ministers agreed during a trilateral meeting in March to revive the forum that was launched under an ag
Foreign AffairsSept. 14, 2015