Most Popular
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Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
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Over 82,000 Korean young people unemployed, not searching for job long-term
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40% of Korea's workers who reported bullying faced retaliation: survey
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[KH Explains] Can smart chargers ease tensions over EV fires?
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600 evacuated as heavy rain floods roads, homes in southern regions
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1 in 5 households to have breadwinner over 80 in 30 years
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New Fifty Fifty off to strong start
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[Weekender] Young Koreans more open to Japanese cultural products
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Evicted guest burns down inn; 3 killed
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Jeju's solo traveler-friendly spots offer solitude as well as camaraderie
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Gov't fires senior prosecutor over bribery scandal
A high-ranking prosecutor who has been indicted on charges of suspicious stock transactions and bribery was dismissed as of Thursday, the government said.The Ministry of Justice said the country's personnel ministry dismissed Jin Kyung-joon, making him the first incumbent prosecutor at a level comparable to a vice minister to ever be relieved from his or her post.The move comes a week after the ministry's disciplinary committee decided to fire the 49-year-old.In late July, prosecutors indicted J
PoliticsAug. 18, 2016
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N.K. diplomat defector, wife from highly privileged families: source
A top North Korean diplomat and his wife who defected to South Korea come from privileged backgrounds as they are descendants of prominent guerrillas who fought against Japanese colonialists in the 1930s, a source familiar with the matter said Thursday.Thae Yong-ho, who served as minister at North Korea's embassy in London, is believed to be the son of late four-star general Thae Pyong-ryol who actively took part in the anti-Japanese campaign, led by North Korea's late founder Kim Il-sung, accor
North KoreaAug. 18, 2016
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N. Korea sets up 3 new antiaircraft artillery bases in Pyongyang: report
North Korea has set up three new antiaircraft artillery bases in the outskirts of Pyongyang as part of its efforts to defend the North Korean capital and its military facilities, the U.S.-based Radio Free Asia said Thursday.Citing Curtis Melvin, a researcher at the U.S.-Korea Institute at Johns Hopkins University, the RFA said a satellite imagery analysis of the antiaircraft artillery bases suggests they are situated in eastern Pyongyang and an existing antiaircraft artillery base is reinforced
North KoreaAug. 18, 2016
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Owners of troubled big firms under fire for high pay
Owners of several large companies in South Korea received handsome compensation in the first half of the year despite corporate troubles, data showed Thursday, sparking criticism over their high pay.According to the data compiled by market researcher Chaebul.com, 237 executives of local companies received 500 million won ($452,000) or more in compensation in the January-June period, an increase of 8 people from the same period a year earlier.Among the highly paid directors are several owners of
IndustryAug. 18, 2016
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Increased spending of China consumers demands change in Korean exports
South Korean companies must focus more on individual Chinese consumers rather than Chinese producers to keep their exports growing as Chinese consumers' spending has nearly quadrupled in just 10 years and will continue to grow, a report said Thursday.According to the report from the Korea International Trade Association, China's per capita spending came to $7,924 in 2015, up about 380 percent from $2,083 in 2006.Also, China's consumer market has been growing at more than 10 percent over the past
IndustryAug. 18, 2016
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User satisfaction of public transportation dips in 2015
Users of South Korea's public transportation system became less satisfied with overall services from a year earlier in 2015 with many pointing to overcrowding as a major problem, a survey showed Thursday.In the annual survey conducted by the Ministry of Land, Infrastructure and Transport, the country's public transportation system scored 4.78 points out of a possible 7 in terms of user satisfaction, compared with 4.84 points in the previous year.The outcome was based on points given by 83,600 pe
Social AffairsAug. 18, 2016
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Table tennis youngsters learn valuable lessons from Olympic debuts
After his team lost to Germany in Wednesday's bronze medal match for the Rio de Janeiro Olympic men's team table tennis, South Korean Jeoung Young-sik found himself on the wrong end of history.The loss meant South Korea had failed to win a table tennis medal for the first time since the sport was introduced to the Olympics in 1988.While it's not entirely Jeoung's fault that South Korea is leaving Rio empty-handed, the 26-year-old said he wants to atone for the missed opportunity at the 2020 Toky
Olympic GamesAug. 18, 2016
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Gov't kicks off antisuicide campaigns
South Korea's health ministry on Thursday said it launched a set of campaigns to prevent suicides in an effort to cope with an uptrend in the number of people taking their own lives.The campaigns aim to create a "life-respecting culture" to ward off suicide attempts and help people who have attempted to kill themselves by asking them if they are "fine," the Ministry of Health and Welfare said.The "Postbox Campaign" will encourage people to write letters and post them on social networking service
Social AffairsAug. 18, 2016
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SK Telecom becomes top-paying firm in Korea
SK Telecom Co., South Korea's biggest mobile carrier, became the highest-paying company in the country with an average salary of 67 million won ($60,497) for the first half of the year, according to the company's regulatory filing on Thursday. The average salary of SK Telecom, which has focused on investment in the Internet of Things and location-based mobile services, rose 5 million won from six months ago. Men at SK Telecom earned an average salary of 70 million won during the January-June per
CompaniesAug. 18, 2016
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Seoul prosecutors summon VW Korea executive over emissions scandal
State prosecutors on Thursday called in the managing director of Volkswagen Korea to question him over allegations the German carmaker fabricated emissions results here.The Seoul Central District Prosecutors' Office summoned Volkswagen Korea Managing Director Thomas Kuehl to gather information on allegations the automaker illegally changed parts of the Golf 1.4 TSI to obtain approval from the local government between 2014 and 2015."I am very sorry for the situation, and I apologize to our custom
IndustryAug. 18, 2016
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50,000-won note balance tops record 70 tln won: BOK
The volume of 50,000-won ($45.15) notes in circulation has exceeded 70 trillion won for the first time on growing demand and increased supply, the central bank's data showed Thursday.The outstanding balance of South Korea's highest-denominated banknote, came to 70.43 trillion won as of the end of July, up 0.8 percent from a month earlier, according to the Bank of Korea. Since the bill was introduced in June 2009, its supply has been on a rapid rise. The amount totaled 60 trillion won in Septembe
Aug. 18, 2016
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Hyundai, Kia cars take top best-selling car spots in Israel
Three vehicle models produced by South Korea's top automaker Hyundai Motor Co. and its affiliate Kia Motors Corp. took the top three spots in terms of best-selling cars in Israel in the first half of the year, also making their manufacturers the two most preferred brands in the Middle Eastern country, the companies said Thursday.In the January-June period, Kia's Morning compact car, sold as the Picanto in some countries, took the top spot as the best-selling car in Israel.It was followed by the
MobilityAug. 18, 2016
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Samsung units cut about 5,700 jobs through voluntary retirement
Five of Samsung Group subsidiaries have slashed about 5,700 jobs so far this year via voluntary retirement programs, according to the units' regulatory filings on Thursday. The five units -- Samsung SDI, Samsung Electro-Mechanics, Samsung Heavy Industries, Samsung Engineering and Samsung C&T -- have offered early retirement or voluntary severance, as part of a drive to increase competitiveness and return to profitability. The five subsidiaries had a total of 49,259 employees as of June 30 this y
IndustryAug. 18, 2016
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Korea loses in bronze medal match in men's team table tennis
South Korea finished just shy of a medal in the men's table tennis team event at the Rio de Janeiro Olympics on Wednesday.Germany defeated South Korea 3-1 in the bronze medal contest at Riocentro-Pavilion 3, taking two singles and one doubles match.South Korea claimed one singles match.The men's team held South Korea's last hope for a medal in Rio, with all the singles players and the women's team having failed to deliver.This marks the first time South Korea has failed to win a medal in table t
Olympic GamesAug. 18, 2016