Most Popular
-
1
[Exclusive] Democratic Party of Korea forms US election task force
-
2
Seoul seeks to improve foreign nanny program after two abscond
-
3
[Grace Kao] NewJeans fights Hybe for their survival
-
4
Samsung, top banks to create W2tr green growth fund for SMEs
-
5
NewJeans has few options after Ador rejects group's request to reinstate Min Hee-jin as CEO
-
6
Malnutrition cases nearly triple in last 5 years
-
7
KFA Chair denies unfair hiring of national coach
-
8
An increasing number of K-pop idols are breaking free from big agencies. Why?
-
9
Couple welcoming quintuplets to receive over W170m in childbirth grants
-
10
Korean automakers pressured to diversify supply chains as US bans Chinese tech
-
Park says N.K. cannot sustain itself without abandoning nukes
President Park Geun-hye on Friday vowed to make North Korea realize that it cannot sustain its regime without abandoning its nuclear program, saying the international community's will to denuclearize the communist state will never waver.During an event to mark the 66th anniversary of the outbreak of the Korean War, Park also criticized Pyongyang for "walking on a dangerous path of isolation and confrontation," noting that the tragedy of the Cold War continues on here."By building a strong securi
Diplomatic CircuitJune 24, 2016
-
[ANALYST REPORT] SK Hynix: Easing supply glut
2Q estimates: sales of W3.76tr (+2.1% QoQ), OP of W445bn (-21.6% QoQ) Rebounding indicators, earnings to improve QoQ in 3Q ¨ Retain BUY for target price of W38,0002Q estimates: sales W3.76tr (+2.1% QoQ), operating profit W445bn (-21.6% QoQ)SK Hynix is forecast to post 2Q sales of W3.76tr (+2.1% QoQ, -18.9% YoY) and operating profit of W445bn (-21.6% QoQ, -67.7% YoY). We expect bit growth of 13% and ASP drop of 10%. Earnings should bottom out in 2Q. We expect operating profit of W549bn (+23.5% Qo
June 24, 2016
-
[Highlights] Arts and entertainment calendar
Theater Scene from the musical, “The Three Musketeers” (Showholic)“The Three Musketeers”: Based on Alexandre Dumas’ novel, “The Three Musketeers,” the musical rendition of the classic tale has returned to the Seoul stage. Revolving around the adventures of D’Artagnan and the three courageous musketeers ― Athos, Porthos and Aramis, the musical stars Kai, B1A4’s CNU and Sandeul, Kang Tae-eul and Park Sung-Hwan. The production will be staged until Sunday at the D Cube Arts Center in Seoul. Tickets
PerformanceJune 24, 2016
-
Ruling, opposition parties urge gov't to minimize Brexit shock
Korea's ruling and opposition parties said Friday the government must come up with a plan to minimize fallout from Britain's decision to leave the European Union."The exit of Britain from the European Union is expected to have an adverse impact on the global and local economies," the ruling Saenuri Party said in a statement. "The South Korean government needs to take prompt and precise action in regards to this development."Saenuri added the government must also keep close eyes on the changes in
June 24, 2016
-
Brexit to burden Samsung, LG's electronics biz
[THE INVESTOR] UK’s departure from the European Union is likely to further burden Korean electronics and home appliances makers.Europe’s slowdown has been dragging down Samsung Electronics and LG Electronics’ sales in the region in recent years. Samsung’s European sales had accounted for 21.2 percent of the total in 2013, but the figure dropped to 12.8 percent last year. Over the same period, LG’s figure went from 11.2 percent to 10.3 percent. While sales have slowed, Brexit is expected to add h
IndustryJune 24, 2016
-
Chinese captain nabbed over alleged illegal fishing, drug use
The captain of a Chinese fishing boat was arrested on Friday over allegedly operating near the inter-Korean maritime border and using an illegal drug, the Korean Coast Guard said.Coast guard officers found methamphetamine inside the boat that they seized in waters off Socheong Island in Incheon, west of Seoul, the previous day.On Thursday, they confiscated 0.12 gram of the drug and an inhaler from the ship's pilothouse after taking it to a coast guard station in Incheon. During an investigation
Social AffairsJune 24, 2016
-
Won-yuan direct trading market in China to be launched next week
The Chinese market for direct trading of the Korean won and Chinese yuan will be launched next week, the finance minister here said Friday.The won-yuan direct trading market will start operation in Shanghai on Monday, with the state-run Chinese Foreign Exchange Trading System to take charge of the management, according to the Ministry of Strategy and Finance."South Korea and China are important trade partners for each other," Finance Minister Yoo Il-ho said in an official opening ceremony held i
June 24, 2016
-
Rightist group denies link with Cheong Wa Dae
A controversial ultraright civic group’s chief on Friday denied allegations that its pro-government demonstration over the past few years had been orchestrated by the presidential office. Korea Parent Federation Secretary-General Choo Sun-hee appeared for questioning by the prosecution over charges that he received illicit money from the Federation of Korean Industries. He is suspected of receiving more than 500 million won ($423,785) from the business association. Before entering the Seoul Ce
PoliticsJune 24, 2016
-
[Weekender] Busting fine-dust myths: its origins and prevention
Breathing in South Korea has become more risky. There have been a slew of reports from overseas that warned of worsening air pollution in Korea, with the latest being Yale University’s study released last Friday. It found that Korea ranked 173rd out of 180 countries in terms of air quality. One of the main culprits for the worsening air quality is particulate matter, otherwise known as fine dust. The small particles -- 2.5 micrometers or less in diameter -- can penetrate deep into the respirat
NationalJune 24, 2016
-
[Editorial] A Bad Day for Europe
This was never supposed to happen. Three years ago, when U.K. Prime Minister David Cameron promised his country a referendum on remaining a member of the European Union, he was sure of victory. The country had other ideas. On Thursday Britain voted to quit.It’s a momentous choice -- and not in a good way. The immediate risk to Britain’s economy is grave, because the vote creates enormous uncertainty. This is likely to persist for months, until it becomes clear what kind of new trading rules will
ViewpointsJune 24, 2016
-
[Mark Gilbert] Revenge wrong response to Brexit
The U.K. has voted for the “most expensive divorce proceeding in the history of the world,” in the words of U.S. billionaire Wilbur Ross, with BBC projections showing voters backed “Leave” by 52 percent to 48 percent. The challenge facing both Britain and its newly ditched European partners now is to ensure that the separation doesn’t deteriorate into acrimony and revenge. The EU should regard the referendum result as a wake-up call. Discontent with how the bloc operates isn’t restricted to Brit
ViewpointsJune 24, 2016