Most Popular
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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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600 evacuated as heavy rain floods roads, homes in southern regions
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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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[Weekender] Young Koreans more open to Japanese cultural products
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New Fifty Fifty off to strong start
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1 in 5 households to have breadwinner over 80 in 30 years
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Jeju's solo traveler-friendly spots offer solitude as well as camaraderie
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Doctors defend colleague accused of blacklisting non-strikers
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[Editorial] Record high rating
Standard & Poor’s has raised Korea’s sovereign rating by one notch to AA from AA-. The upgrade is surely welcome news, but it should not lead to complacency. The rating S&P awarded to Korea, which is the third highest on the agency’s rating table, is a record high for Korea. It is equivalent to the Aa2 rating that Moody’s Investors Service gave Korea in December 2015. The upgrade places Korea on the same level as the United Kingdom, France and Belgium, and two levels higher than Japan. Only six
EditorialAug. 12, 2016
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[Editorial] Fiscal discipline
The government is pushing to enact a law aimed at preventing the national debt from rising too rapidly. The move is well advised, as fiscal principles need to be set in stone if they are to be strictly followed.A draft bill disclosed by the Finance Ministry proposes to make it a rule for the central government to keep its debt below 45 percent of gross domestic product.It also proposes to set the ceiling for annual budget deficit at 3 percent of GDP. The ministry’s proposal also includes the pay
EditorialAug. 12, 2016
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Number of HIV, AIDS patients surpasses 10,000 in Korea
The number of human immunodeficiency virus infections and acquired immunodeficiency syndrome patients surpassed 10,000 for the first time in South Korea last year, the health authorities said Friday.A total of 10,502 people tested positive for HIV and were diagnosed with AIDS in 2015, up from 9,615 tallied in 2014, according to the Centers for Disease Control & Prevention.The figure represents a net increase of accumulative records of HIV infections and AIDS patients on a yearly basis, with the
TechnologyAug. 12, 2016
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[Herald Interview] ‘From nature to history, Suncheon has them all’
Suncheon was just another city in South Jeolla Province until it became famous for its big Suncheon Bay and National Garden. Since the garden was named Korea’s first national garden in August 2013, millions of tourists have visited the city, contributing to the local economy. “We are pleased to hear that Suncheon became Korea’s most visited city last year with over 5 million visitors,” said Cho in an interview with The Korea Herald.“I am pretty sure that Suncheon is the place to wholly satisfy t
Aug. 12, 2016
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[Peter Singer] U.S. Greens could benefit Trump
I’m a Green. I’ve twice been the Australian Greens’ candidate for a seat in Australia’s federal parliament. But on Nov. 8, all of the good that the Green political movement has done since it was founded could be outweighed by the Green Party in the United States if Jill Stein, its candidate for president, brings about the election of Donald Trump.We’ve been here before. In 2000, Al Gore would have become president if he had won Florida. George W. Bush won the state by 537 votes, while 97,241 Flo
ViewpointsAug. 12, 2016
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[David Ignatius] The brave new world of robots and lost jobs
Job insecurity is a central theme of the 2016 campaign, fueling popular anger about trade deals and immigration. But economists warn that much bigger job losses are ahead in America -- driven not by foreign competition but by advancing technology. A look at the numbers suggests that America is having the wrong debate this year. Economic security won’t come from renegotiating trade deals, as Donald Trump claimed in a speech in Detroit on Monday, or rebuilding infrastructure, as Hillary Clinton ar
ViewpointsAug. 12, 2016
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Korea, Japan agree on usage of comfort women fund: report
South Korea and Japan have agreed on the thorny issue on how to use the fund Tokyo will provide Seoul to compensate victims of sexual enslavement during the colonial occupation era, a Japanese media report said Friday.The two countries' foreign ministers will hold telephone talks later in the day to confirm the agreement and officially announce it, Kyodo News said.To put an end to the decades-old diplomatic row over the wartime atrocity committed during the colonial period (1910-45), the neighbo
Foreign AffairsAug. 12, 2016
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Seoul stocks extend gains for 7th day to hit fresh yearly highs
South Korean stocks edged up on Friday, backed by a rebound in oil prices and bullish sentiment in U.S. stock markets, extending their winning streak for the seventh consecutive session and hitting fresh yearly highs. The Korean won fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index rose 1.67 points, or 0.08 percent, to close at 2,050.47. Trade volume was moderate at 372 million shares worth 4.53 trillion won ($4.1 billion), with gainers outnumbering losers 519 to 284.A
Aug. 12, 2016
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China tightens visa regulations on group tourists: industry officials
South Koreans who want to apply for a group tourist visa will have to submit their passports instead of a copy to travel agencies starting from next week under new regulations, industry officials said Friday. The consular office of the Chinese Embassy earlier in the day notified Korean travel agencies of the toughened rules for tourist groups composed of at least five people. Industry officials said that the new requirement would complicate the visa application process, with about 90 percent of
Foreign AffairsAug. 12, 2016