Most Popular
-
1
[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
-
2
Man arrested 16 years after murdering girlfriend, hiding body in cement
-
3
Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
-
4
Middle East’s big AI push lures Korean tech firms
-
5
[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
-
6
[Exclusive] Democratic Party of Korea forms US election task force
-
7
[Grace Kao] NewJeans fights Hybe for their survival
-
8
NK nuclear test 'possible' around US election in Nov., says Yoon aide
-
9
[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
-
10
What will Yoon, Han talk about at dinner?
-
US Fed keeps key rate unchanged but hints of coming hike
The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year’s end.The Fed said in a statement ending its latest policy meeting Wednesday that the US job market has continued to strengthen and economic activity has picked up. But it noted that business investment remains soft and inflation too low and that it wants to see further improvement in the job market.The central bank characterized the near-term risks to its economic outlook as
Sept. 22, 2016
-
Email hacking makes up bulk of N. Korea's cyberattacks: lawmaker
Email hacking makes up the bulk of cyberattacks committed by North Korea, a ruling party lawmaker said Thursday, adding the South Korean government must improve its security awareness.According to the data compiled by Rep. Joo Kwang-Deok of the ruling Saenuri Party, 86 percent of the cyberattacks conducted by Pyongyang on the South Korean military in 2015 involved using emails.Last year, Seoul detected 74 cases of North Korean cyberattack using email, with 12 involving malicious codes. Rep. Joo
North KoreaSept. 22, 2016
-
Overseas orders for Korean builders forecast to hit 10-yr low this year
Overseas orders won by South Korean construction companies this year may drop to the lowest level in a decade, a trade association said Thursday, in the latest sign that local builders are reeling from the impact of low oil prices and a protracted global economic slump.This year's combined overseas orders came to US$18.47 billion by Wednesday, according to data compiled by the International Contractors Association of Korea.The figure represents 53.7 percent of the $34.59 billion posted during th
IndustrySept. 22, 2016
-
Reckitt Benckiser CEO apologizes over deadly humidifier sterilizers
The head of Britain-based Reckitt Benckiser formally apologized over its toxic humidifier sterilizers that claimed many lives in South Korea, a parliamentary special committee probing the scandal said Thursday.The so-called Oxy humidifier disinfectant case came to light after four pregnant women died of unknown lung problems in 2011. A government-led investigation confirmed a connection between more than a hundred people who died of lung problems and the chemicals used to clean household humidif
Social AffairsSept. 22, 2016
-
Hyundai Motor Group's global output capacity set to top 9 mln cars
South Korean automotive giant Hyundai Motor Group will soon have its global production capacity at near 9 million cars per year with the construction of its latest production facility in China expected to be completed before the year's end, company officials said Thursday.The automaker's overall capacity currently stands at 8.48 million units after a new plant in Mexico, which began producing cars earlier in the year, added 400,000 cars to Kia Motors Corp., the smaller of the two carmakers under
MobilitySept. 22, 2016
-
Pro-CTBT countries condemn N. Korea's nuclear test
Dozens of UN member states on Wednesday condemned North Korea's fifth nuclear test and urged the communist nation to conduct no more testing, abide by its international obligations and scrap all of its nuclear weapons and programs.The foreign ministers of about 40 countries supportive of the Comprehensive Nuclear Test Ban Treaty made the appeal in a joint statement adopted when they held a meeting in New York on the sidelines of the UN General Assembly to call for the treaty's ratification."The
North KoreaSept. 22, 2016
-
Korea needs no nuclear weapons: White House official
Neither South Korea's own nuclear armament nor redeployment of US nuclear weapons in the country would enhance the country's security against North Korea, a senior White House official said Wednesday."I don't believe that North Korea will be any more deterred from taking military action against the South if we have nuclear weapons on the peninsula because North Korea, China, the rest of the world know that we have military capabilities, conventional and otherwise, that can be launched from the U
DefenseSept. 22, 2016
-
White House: China has obligation to prevent exports of banned items to N. Korea 'even if it's pencil'
China has an obligation to prevent the export to North Korea of items banned under UN Security Council resolutions, a senior White House official said, following revelations that a Chinese conglomerate has shipped to the North "dual-use" items that can be used in its weapons programs.Earlier this week, joint research by South Korea's Asan Institute and the US Center for Advanced Defense Studies found that China's Liaoning Hongxiang Group exported aluminum oxide, which can be used in uranium enri
North KoreaSept. 22, 2016
-
N. Korea opens embassy in Belarus
North Korea's state media reported Wednesday that the country has opened an embassy in Belarus, where thousands of North Korean workers are said to be working to earn hard currency for their impoverished nation.An inauguration ceremony was held in Minsk on Monday, according to the North's official Korean Central News Agency."Present there on invitation were personages of the government, political parties, parliament and social circles of Belarus," it said.The report said a delegation headed by a
North KoreaSept. 22, 2016
-
Women account for 80% of N. Korea defectors: lawmaker
Women accounted for more than 80 percent of North Korean defectors who settled in the South last year, an opposition lawmaker said Wednesday, reflecting the changing demographics among asylum seekers.According to the data compiled by Rep. Sim Jae-kwon of the Minjoo Party of Korea, 1,025 women arrived in South Korea from North Korea last year, taking up 80.3 percent of the total number of defectors.Rep. Sim Jae-kwon of the Minjoo Party of Korea (Yonhap)The figure marks a sharp increase from 12.2
North KoreaSept. 22, 2016
-
Korean Air agrees to provide 60 bln won loan to Hanjin Shipping
Korean Air Lines Co., the largest shareholder of Hanjin Shipping Co., decided Wednesday to provide 60 billion won ($58.9 million) to the cash-strapped shipper, company officials said.The decision came at a meeting of the Korean Air board of directors, which earlier refused to help out the troubled affiliate, citing fears of misappropriation charges as the container shipping line had little to offer in collateral.The 60 billion won will be injected based on accounts receivable, according to Korea
IndustrySept. 22, 2016