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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[Editorial] Crooked bench
There is no doubt that the judiciary should have the highest ethical standards. The corruption scandal involving the founder of the Nature Republic cosmetics firm shows that it is not the case in Korea. Prosecutors are investigating a senior judge who allegedly kept suspicious ties with Jung Woon-ho, the central figure in the scandal that has already sent a former senior prosecutor and a former senior judge into custody. Prosecutors said the senior judge, with the help of a plastic surgeon who a
EditorialAug. 17, 2016
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[Editorial] Hard to change
Two recent events gave clues as to what is on President Park Geun-hye’s mind. The first one is her latest Cabinet appointments and the second one is her Liberation Day address. On Tuesday, Park replaced three Cabinet ministers and four vice minister-level officials, which, as opposition parties pointed out, fell far short of public expectations. It is true that unlike most of her predecessors, Park refrained from using appointments of senior officials for political purposes -- like defusing a cr
EditorialAug. 17, 2016
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[Reporter’s Column] When words fail to deliver
After 3 1/2 years in office, President Park Geun-hye is still often faced by considerable disapproval over her rigid way of speech, but then again, eloquence may be the least of the numerous qualifications required of a state leader.It is, in fact, the integrity of the embedded message that essentially matters, as does the accuracy of the stated facts -- both values the president appears to have failed to embrace on a number of occasions.Most recently at the heart of public contention was Park’s
PoliticsAug. 17, 2016
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North Korea lambastes Park's Liberation Day address
North Korea on Wednesday lashed out at the address by South Korean President Park Geun-hye on Liberation Day earlier this week when she called on the North to abandon its development of weapons of mass destruction.In a statement released by North Korea’s Committee for Peaceful Reunification, it called Park’s speech a “brazen gripe to hide the guilt of forcing the inter-Korean relations into a ruin.”The statement then went onto protest South Korea’s decision to deploy an advanced missile shield s
North KoreaAug. 17, 2016
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Foreign startups pitch at accelerator program in Korea
A group of international entrepreneurs from across the world pitched their business ideas on Wednesday at a startup acceleration event hosted here by the South Korean government.The K-Startup Grand Challenge, the first of its kind, is sponsored by the Ministry of Science, ICT and Future Planning and conducted by the National IT Industry Promotion Agency with the cooperation of four accelerators, or venture capitals.The ministry said 78 startups were picked from a total of 2,439 applicants from 1
CompaniesAug. 17, 2016
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ASEAN-Korea Centre to hold essay contest
The ASEAN-Korea Centre will hold the 1st ASEAN-Korea Academic Essay Contest with the Korean Institute of Southeast Asian Studies, organizers said Wednesday.The center, incepted in 2009, aims to promote exchanges among the students on issues related to the region.The contest is open to undergraduate and graduate students in ASEAN and Korean schools. Applicants can choose one of the three themes. They include: ASEAN in the past 50 years, and ASEAN-Korea relations in the next 50 years; where the AS
Social AffairsAug. 17, 2016
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Number of conservatives falls, moderates on rise
Upon the latest parliamentary election, the number of moderates increased while that of conservatives decreased, research showed on Wednesday.According to a thesis analyzing the origins of conflicts amongst groups authored by professor Ryu Jae-sung at Keimyung University, the number of voters who identified themselves as moderates increased between the 19th and 20th general election in 2012 and 2016, respectively. The thesis was published by the Korean Association of Party Studies.While the perc
PoliticsAug. 17, 2016
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Blistering summer causes highest hot weather death toll
The heat wave has claimed 16 lives in South Korea as of this month -- the highest number since 2011 when the government started documenting such deaths, according to the Korea Centers for Disease Control and Prevention. The average temperature in Seoul from Aug. 1-15 was 29.8 degrees Celsius this year, the highest since the nation started documenting daily weather in 1907. As of Aug. 15, 16 Koreans have died of heat-related causes, such as heat stroke. In 2012, 15 people died of heat-released di
Social AffairsAug. 17, 2016
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Migrant workers oppose Employment Permit System
South Korea’s migrant workers called for the abolishment of the Employment Permit System and an end to human rights abuse at workplaces Wednesday, the 12th anniversary of the foreign worker policy. Depicting the EPS as a “modern-day slavery” system, an association of more than 100 lawyers, foreigners and labor rights groups urged the government to amend the labor policy to protect migrant workers’ labor rights and human dignity. “The government promotes the Employment Permit System as an advance
Social AffairsAug. 17, 2016
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Seoul stocks down on U.S. rate hike woes
South Korean stocks fell slightly on Wednesday, sliding for a second consecutive session, as investors sought to cash in on recent gains amid growing expectations that the U.S. Federal Reserve may raise its interest rate. The Korean won dropped against the U.S. dollar.The benchmark Korea Composite Stock Price Index fell 4.01 points, or 0.20 percent, to close at 2,043.75. Trade volume was light at 388 million shares worth 4.31 trillion won ($3.89 billion), with losers outnumbering gainers outnumb
Aug. 17, 2016
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Defense chief defends Seongju as optimal site for THAAD
South Korea's defense chief on Wednesday defended the government's decision to select Seongju, a southeastern county, as the site for an advanced anti-missile system to counter threats from North Korea, according to military officials. In a meeting with representatives of Seongju residents held in the rural town from 2:00 p.m., Defense Minister Han Min-koo apologized for the selection process that did not provide an explanation in advance to residents about the deployment of the Terminal High Al
DefenseAug. 17, 2016
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Seoul unveils new measures for money market
The Korean financial authority on Wednesday unveiled a draft of new measures for the country’s money market to increase access for institutional investors and reduce potential risks accumulating in the market. The money market is where financial products with maturities less than one year are traded, such as calls, repurchase papers, certificates of deposit, commercial papers and asset-backed short-term bonds. Repurchase papers, more frequently referred to as repos or RPs by market participants,
Aug. 17, 2016
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Minister defends THAAD deployment
Defense Minister Han Min-koo on Wednesday attempted to soothe the irate citizens of Seongju-gun -- who live adjacent to the planned location of the Terminal High Altitude Area Defense system -- by apologizing for a lack of communication and once again justifying the deployment location. The minister also said that he “will consider” revising the plan to place the US advanced missile defense system in Seongsan-ri, Seongju to put it in another region in the county, presumably at a location more re
DefenseAug. 17, 2016