Most Popular
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Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
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[KH Explains] Can smart chargers ease tensions over EV fires?
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1 in 5 households to have breadwinner over 80 in 30 years
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Assembly to review disputed appointment of national soccer team coach
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New Fifty Fifty off to strong start
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Arrival of fall calls for more outdoor festivals
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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Evicted guest burns down inn; 3 killed
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[Editorial] No work, no pay
Shin Dong-joo, the former vice chairman of Lotte Group, is being investigated by the prosecution for having allegedly embezzled corporate funds.Shin, the eldest son of Lotte Group founder Shin Kyuk-ho, had been the group’s vice chairman in charge of its affiliates in Japan before he was dismissed from his executive positions by Shin Dong-bin, the Lotte chairman and his younger brother, in early 2015.The ousted “prince” of the Lotte founder’s family is suspected of having received 40 billion won
EditorialSept. 5, 2016
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[Editorial] Science foundation
Suh Kyung-bae, chairman of AmorePacific Group, has committed to donate 300 billion won ($268 million) of his personal wealth to a foundation he has established to promote basic research in life sciences. The Suh Kyung-bae Science Foundation, which was established in July, plans to select three to five Korean scientists each year and provide each of them with a maximum of 2.5 billion won over a period of up to five years. In a news conference held on Thursday, Suh said the foundation would encour
EditorialSept. 5, 2016
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[Eli Lake] Kerry blunts US hard power in South China Sea
There are times when I want President Barack Obama to invent a global crisis for John Kerry to solve, just to keep his secretary of state from making the real ones worse. Consider what happened at New Delhi this week, where Kerry offered a remarkable comment about the current tensions in the South China Sea. He said there was no “military solution.”Kerry was asked about China’s public indifference to a decision in July from an international tribunal at The Hague that flatly rejected China’s clai
ViewpointsSept. 5, 2016
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[Robert B. Reich] US politics after Trump
I recently got a call from a political analyst in Washington. “Trump is dropping like a stone,” he said, convincingly. “After Election Day, he‘s history.”I think Trump will lose the election, but I doubt he’ll be “history.”Defeated presidential candidates typically disappear from public view. Think Mitt Romney or Michael Dukakis.But Donald Trump won‘t disappear. Trump needs attention the way normal people need food.For starters, he’ll dispute the election results. He‘s already warned followers “
ViewpointsSept. 5, 2016
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[Tom Pu-chih Hsieh] Bankruptcy in pension system -- a crisis in modern society
This is the 10th article in a series of columns on global affairs written by top editors from members of the Asia News Network and published in newspapers across the region. –Ed.The bankruptcy of public pension funds is an issue worldwide.According to a recent study conducted by Allianz, pension systems in most Asian countries are “fragile and unstable.” Hong Kong and Singapore are the only counties in Asia to rank within the top 20 nations worldwide for pension sustainability.Western countries
ViewpointsSept. 5, 2016
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[Richard Trumka] Working people ready to go on offensive
Labor Day is a time for working people to reflect on the progress we have made and the challenges that remain. This year, like many in the past, has had its share of ups and downs. But our momentum is unmistakable. Collective action and collective bargaining are on the rise. Working people have seized the national agenda. And we are working hard to ensure that our elected leaders will rewrite the economic rules that for too long have benefitted the wealthiest few.This recent momentum started wit
ViewpointsSept. 5, 2016
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[Adam Minter] So long to the Asian sweatshop
For 30 years, the word “sweatshop” has conjured up a very specific image: low-wage Asian workers making branded clothes in crowded, unsafe factories for consumers overseas. The power of that image has launched human rights campaigns, altered how major companies source their products and informed (often incorrectly) how politicians in rich countries shape their trade policies.Now that image is fading into history. In Asia, at least, the factors that made sweatshops an indelible part of industrial
ViewpointsSept. 5, 2016
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Se7en to return with new album
Singer Se7en is one step closer to a comeback after a three-year hiatus. “Se7en will be returning with what will most likely be a mini album,” said the performing artist’s management agency Eleven9 Entertainment on Monday. “He contributed to both songwriting and producing all of the tracks that will appear in the upcoming album.” After a prostitution scandal in 2013 involving a visit to an adult massage parlor, the singer halted major public and broadcast appearances. He was serving his mandator
PerformanceSept. 5, 2016
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[Kosdaq Star] Naturalendo Tech scrambles to rebuild global reputation
After being hit by a fake herb scandal last year, Naturalendo Tech aims to rebuild its reputation from scratch. The Kosdaq-listed firm lost more than 1 trillion won ($904 million) in market capitalization last year, when the Korea Consumer Agency claimed it had detected fake ingredients in the firm’s best-selling product, EstroG-100. The product was selling in countries including the United States, Canada and Australia. The agency claimed nearly 90 percent of similar products in the domestic mar
Sept. 5, 2016
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Hanjin Shipping files for US bankruptcy protection
Korea’s largest shipping company Hanjin Shipping has filed for bankruptcy protection in the US, with more than 70 of the firm’s ships blocked, stranded and denied entry at major ports around the world and its creditors taking control of some of its assets, Under the chapter 15 bankruptcy code, Hanjin creditors will not be able to seize the company’s overseas assets including in the US. However, the jurisdiction of the US court protection does not extend to South Korea, where a Seoul court has be
Sept. 5, 2016
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Kotra revamps its news portal
State-funded Korea Trade-Investment Promotion Agency announced Monday that it revamped its 10-year-old news portal website to better serve domestic and overseas companies with up-to-date business news. Kotra will launch Thursday the Kotra Overseas Market News, a new website providing news and in-depth reports on overseas markets produced by 126 KOTRA regional offices. (Kotra's new portal capture)At news.kotra.or.kr, the new site will be user-friendly and equipped with more visualized content su
IndustrySept. 5, 2016
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Galaxy Note 7 won’t use Samsung SDI batteries: source
Samsung Electronics has reportedly decided to stop using batteries produced by its affiliate Samsung SDI in its new smartphone Galaxy Note 7 after defects found in some of the batteries led to a sweeping recall of over 2 million phablets worldwide. “As a follow-up of the battery issue, we decided to temporally stop using Samsung SDI’s battery for Galaxy Note 7,” several local media outlets reported on Monday, citing sources from Samsung Electronics. (Local online community)Samsung SDI supplies 7
TechnologySept. 5, 2016
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Shinsegae’s ‘Starfield’ aims to be ‘shopping theme park’
Shinsegae Group is slated to open Korea‘s largest shopping mall complex, Starfield, in Hanam, some 20 kilometers east of Seoul on Friday, with the aim of providing the “shopping theme park” experience for customers. Designed to attract shoppers of all age groups, the mega-multiplex embodies a variety of unprecedented venues from the country’s first in-mall recreational sports arena Sports Monster to the first Tesla store in Korea scheduled to open in November.Starfield Hanam, Korea‘s first shopp
IndustrySept. 5, 2016