Most Popular
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Man arrested 16 years after murdering girlfriend, hiding body in cement
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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[Exclusive] Democratic Party of Korea forms US election task force
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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Middle East’s big AI push lures Korean tech firms
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Seoul seeks to improve foreign nanny program after two abscond
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[Grace Kao] NewJeans fights Hybe for their survival
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NK nuclear test 'possible' around US election in Nov., says Yoon aide
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[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
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Korea, U.S. yet to determine when, where to deploy THAAD: defense ministry
Korea and the United States have yet to decide when and where to deploy the advanced American defense shield Terminal High Altitude Area Defense, Seoul's defense ministry said Tuesday, dismissing growing media speculation over an imminent deployment decision."The THAAD deployment is being discussed by (the allies') joint working group, and based on the results of the discussion, a final decision will be made at the South Korea-U.S.-alliance level," Moon Sang-gyun, spokesman at the Ministry of Na
Diplomatic CircuitJuly 5, 2016
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Korean gov’t to boost support for medical institutions’ overseas expansion
[THE INVESTOR] The government will draw up support measures for local medical institutions that enter overseas markets, and allow insurance schemes for foreign medical tourists, the government revealed on July 5. The plans were included in the government’s strategy for boosting Korea’s service industry. Support for medical institutions’ overseas expansion will include funding and tax benefits. As part of the plans for luring medical tourists to Korea, insurance companies will be allowed to sell
IndustryJuly 5, 2016
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Korea, China open talks on illegal fishing
Korea and China kicked off talks Tuesday to find a solution to the issue of illegal fishing by Chinese fishermen in South Korean waters.The ninth round of bilateral talks on fisheries issues opened in Gwangju, 329 kilometers south of Seoul, following the recent capture of a Chinese fishing vessel by Korean fishermen and the Korean military's operations to repel Chinese boats.The closed-door meeting is being led by deputy director-general level officials from the two countries' foreign ministries
Social AffairsJuly 5, 2016
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Watchdog opposes merger of SK Broadband, CJ HelloVision: report
[THE INVESTOR] The Fair Trade Commission has reportedly objected to the planned merger and acquisition deal between IPTV operator SK Broadband and cable TV firm CJ HelloVision. The antitrust agency said in its July 4 evaluation report of the merger plans to SK Telecom -- the parent company of SK Broadband -- that the transaction should not be allowed as it could hamper fair competition in the market.The combination of SK Broadband, a wholly owned subsidiary of No.1 mobile carrier SK Telecom, and
TechnologyJuly 5, 2016
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Senior lawmakers launch bipartisan gathering to improve cross-border ties
Senior lawmakers of the ruling and opposition parties on Tuesday pledged to ensure bipartisan cooperation in "normalizing" inter-Korean ties that have deteriorated in recent years amid Pyongyang's dogged pursuit of nuclear arms and longer-range missiles.The lawmakers made the pledge as they launched a gathering at the National Assembly to explore ways to forge a breakthrough in the deadlocked cross-border relations.The inaugural gathering was attended by four-term or five-term lawmakers includin
PoliticsJuly 5, 2016
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S. Korea should be focused on sanctions on N. Korea: top diplomat
South Korea should keep pressing North Korea to make Pyongyang abandon its nuclear ambitions, the country's top diplomat said Tuesday, adding that the focus should be placed on enforcing tough sanctions on Pyongyang until it leads to results."Things have become graver than ever before since the (North's) fourth nuclear test," Foreign Minister Yun Byung-se said during a parliamentary interpellation session. "We should be focused on sanctions in a way they can have more impact."North Korea conduct
Diplomatic CircuitJuly 5, 2016
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N.K. claims production tops target due to 200-day hard-work drive
North Korea claimed Tuesday that the country's industrial production exceeded its target last month as it started the 200-day campaign to push its people into working harder.North Korea's industrial production, including coal and electric power, increased 1.2 times in the first month that it launched its hard-work drive, according to the North's main newspaper, the Rodong Sinmun.After the ruling Workers' Party of Korea congress concluded in May, the North kicked off the so-called 200-day campaig
North KoreaJuly 5, 2016
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Demand for bank loans expected to shrink in Q3: survey
Demand for fresh loans from major commercial banks in Korea is expected to shrink in the third quarter, a poll showed Tuesday, amid a government move to stem a surge in household debt.The overall index measuring demand for fresh bank loans came to 9 for the July-September period, down from 10 in the previous quarter, according to the Bank of Korea.A reading above zero means bank lending will continue to increase, while a reading below the benchmark means demand will likely shrink. The quarterly
July 5, 2016
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Samsung Electronics' American employees form political committee
Local employees of Samsung Electronics America have reportedly established a political action committee in the United States in the run-up to the presidential and congressional elections in November, industry sources said Monday.Samsung Electronics America Inc. PAC officially registered with the Federal Election Commission earlier this year and has so far raised $17,000, they said.A PAC is an organization that pools campaign contributions and donates the funds to candidates that they support. Mo
IndustryJuly 5, 2016
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Visa says will raise card fees from 2017 in Korea
Visa Inc., a global payment network company, said Tuesday it will raise the fees for overseas credit card purchases using its networks it receives from South Korean credit card companies starting next year.In May, Visa notified Korean card firms of its planned fee hikes from October 2016. In June, the country's eight card issuers sent a joint letter to protest the planned hikes in Korea because there were no such plans in Japan and China. In a reply letter sent on July 1 to the Credit Finance A
IndustryJuly 5, 2016
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Beast returns as five-member group with new album
After a yearlong hiatus, boy band Beast has returned as a five-member group with its third full studio album “Highlight” released on Monday. This marks the group’s return to the spotlight after one of its members Jang Hyun-seung left the band in April to pursue a solo career. Within one day of the album’s release, its lead track “Ribbon” topped eight domestic music charts, including MelOn, Mnet, Bugs, Olleh Music, Naver Music, Soribada, Genie and Monkey3. The rhythm and blues tune “Ribbon” is a
PerformanceJuly 5, 2016
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Georgia O’Keeffe gets big London show
LONDON (AP) -- Georgia O’Keeffe has come to London, like a bracing American desert wind rippling the River Thames.An exhibition of more than 100 works opening this week at Tate Modern is the American art icon’s biggest-ever show outside the United States.Curators hope it will surprise visitors who know the artist mainly for her giant flowers and sun-bleached animal skulls. The exhibition also offers O’Keeffe the pioneering abstract artist, O’Keeffe the surrealist and O’Keeffe who painted New Yor
PerformanceJuly 5, 2016
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International art market to draw thousands to New Mexico
SANTA FE, New Mexico (AP) -- From the plains of Africa to war-torn countries in the Middle East, nearly 200 artists from around the world will be showing off their traditional crafts during the world’s largest folk art market. The International Folk Art Market, now in its 13th year, will feature wares from every corner of the globe, whether fine embroidery or handwoven baskets. Artists from more than 60 countries will help kick off the festivities that run Friday evening through Sunday on Santa
PerformanceJuly 5, 2016
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Korean gov’t overhauls service industry support measures
[THE INVESTOR] The service industry will get larger tax breaks and financial support funds, under the government’s “Service Economy Development Strategy” announced on July 5. The measures will be applied across the service sector, excluding adult entertainment businesses. The government also plans to review more than 200 regulations and remove those deemed detrimental to the industry. Regarding tax benefits, the service industry will be given the same benefits as the manufacturing sector, the go
IndustryJuly 5, 2016
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Naver upgrades tourist services ahead of PyeongChang Olympics
[THE INVESTOR] South Korea’s No.1 portal Naver has unraveled plans to beef up its online services aimed at foreign tourists ahead of the 2018 PyeongChang Winter Olympics, the company spokesperson said on July 5. Naver estimes 5 million tourists -- including 50,000 foreign visitors -- to participate in the Winter Olympics in 2018. The portal’s e-services -- mobile map, search engine, and booking – will be renovated. A global login and payment system is also being considered.The firm revealed its
TechnologyJuly 5, 2016
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N. Korea blasts U.S. deployment of B-52 bombers around the Korean Peninsula
North Korea blasted the United States for its recent joint training exercise with Japan which involved two long-range bombers being flown around the Korean Peninsula.Pyongyang's criticism was made by the country's official Korean Central News Agency, which said that the U.S. forces sent a pair of B-52 strategic bombers to fly over the skies near South Korea last month. It added that planes belonging to the Japanese Air Self-Defense Force took part in the maneuvers that targeted North Korea, the
North KoreaJuly 5, 2016