Most Popular
-
1
Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
-
2
Host of Miss Korea apologizes for 'inappropriate question' about deepfake
-
3
Korea to face another massive shortfall in tax revenue
-
4
Who's lying? Hybe vs. Min conflict continues to intensify
-
5
[Contribution] Turkmenistan celebrates the 33rd anniversary of its Independence
-
6
[Photo news] Faker Mercedes
-
7
SK hynix outpaces Samsung, Micron with more powerful AI chips
-
8
Power of nostalgia brings K-pop legends back together
-
9
North Korea unveiling uranium enrichment site a US election-conscious move: NIS
-
10
'Shaman says president will die,' caller warns
-
Japan’s master of realism gets first overseas exhibition
ROME (AFP) - The works of Ken Domon, an acclaimed photographer whose images of the aftermath of the Hiroshima bomb shocked 1950s Japan, took center stage in Rome on Friday with the opening of the first exhibition of his pictures outside his home country.Domon, who died in 1990, is venerated in Japan as one of the country’s greatest photographers and a pioneer of realism, but relatively unknown internationally.Organizers of the collection on display at the Italian capital’s Ara Pacis museum hope
CultureMay 29, 2016
-
Sam Mendes: It’s time for a new James Bond director
HAY-ON-WYE, Wales (AP) -- Sam Mendes is finished with James Bond.The acclaimed British director of “Skyfall” and “Spectre” said Saturday he will not direct the next installment in the popular spy series that started with Sean Connery’s startling 1962 performance in “Dr. No.”“It was an incredible adventure, I loved every second of it,” Mendes said of his five years working on the thriller franchise. “But I think it’s time for somebody else.”Mendes revealed his plans to step down from the series t
FilmMay 29, 2016
-
Spain arrests seven over theft of Bacon paintings
MADRID (AFP) - Spanish police said Saturday they had arrested seven people suspected of involvement in the theft of five paintings worth 25 million euros ($27.8 million) by renowned British artist Francis Bacon.The paintings were reported stolen in July 2015 along with a safe containing coin collections and jewellery and have yet to be recovered.Spanish detectives were approached in February by British private investigators specialising in the recovery of stolen artworks who had received an emai
PerformanceMay 29, 2016
-
French artist makes Louvre pyramid disappear
PARIS (AFP) - How do you make the pyramid at the most famous museum in the world disappear? Turn to French artist JR.The one-time graffiti artist covered the Louvre’s glass pyramid with a vast black-and-white photograph of the facade of the palace behind it.Visitors to the Paris icon are tricked into believing the 21-meter high pyramid is no longer there, particularly if they stare at the image from a certain angle.The 33-year-old artist, known for his large-scale anamorphic images, said he was
PerformanceMay 29, 2016
-
[Busan Motor Show] BMW to unveil high-performance, hybrid vehicles
The Korean unit of German luxury carmaker BMW is set to unveil its five new models in Korea at the 2016 Busan International Motor Show slated to kick off on June 2, according to the automaker on Sunday. The automaker said it would showcase one flagship model 750Li Individual, two high-performance cars -- M2 Coupe and X4 M40i -- and two plug-in hybrid vehicles -- 330e M Sport and X5 xDrive40e -- at the upcoming biennial auto event. BMW M2 CoupeIts flagship 750Li Individual sedan is limited editio
MobilityMay 29, 2016
-
[Busan Motor Show] Renault Samsung to showcase QM6, Twizy
Given the 2016 Busan Motor Show’s “smart premium” theme, Renault Samsung said Sunday that it would be showcasing three new vehicles at the event: the QM6, a revamped version of the QM5 sport utility vehicle, the Twizy electric smart car and the Renault Clio R.S. -- all of which are slated to be rolled out here in the second half of this year. “We are confident that the high-end QM6 SUV will wow visitors as it is the only fully modified SUV model among mass-produced car brands this year,” the com
MobilityMay 29, 2016
-
[Photo News] Samsung 88-inch SUHD TV
Samsung Electronics on Sunday unveiled the 88-inch, 78-inch and 65-inch screen models of its latest SUHD TV that is based on the company’s quantum-dot liquid crystal display technology. (Samsung Electronics)
TechnologyMay 29, 2016
-
S. Korea's economic growth falls behind fast-expanding OECD members
South Korea's annual economic growth lagged behind fast-expanding members of the Organization for Economic Cooperation and Development (OECD), data showed Sunday. Asia's fourth-largest economy saw its annual economic growth reach 2.6 percent on-year in 2015, ranking 12th among the members of the Paris-based organization of economically developed countries. It marked the first time since 2006 that South Korea did not make the top-10 list of the fastest expanding member states. South Korea's
May 29, 2016
-
N. Korean leader's aunt runs dry-cleaner in U.S.: W.Post
The aunt of North Korea's supreme leader Kim Jong-Un lives anonymously in the United States, where she runs a dry-cleaning business after having defected in 1998, The Washington Post reported Friday.Ko Yong-Suk -- who lives with her husband Ri Gang and their three children under assumed names -- was the sister of Ko Yong-Hui, one of former North Korean leader Kim Jong-Il's wives and mother of Kim Jong-Un.Close to North Korea's communist regime, the couple was sent to Switzerland to look after me
North KoreaMay 28, 2016
-
More S. Korean firms opt for stock splits
A growing number of listed South Korean firms have split their stocks in a bid to boost turnover and attract individual investors, the main bourse operator said Saturday. A total of 27 companies listed on the KOSPI and KOSDAQ markets have reduced the face value of their stocks this year, with seven more expected to follow suit in the third quarter, the Korea Exchange (KRX) said. Among them are Lotte Confectionery Co., the food unit of retail giant Lotte; Crown Confectionery Co.; and Doosan Heavy
May 28, 2016
-
Journalist shot dead in Philippine capital: police
A crime journalist has been shot dead in Manila, police and colleagues said Saturday, the latest addition to a lengthening list of unsolved murders of media workers in the Philippines.Alex Balcoba, 56, was attacked in central Manila late Friday outside a watch repair shop owned by his family, the country's National Press Club said in a statement.The club's president Paul Gutierrez said the attack on Balcoba, a reporter for the People's Brigada tabloid, brought to more than 30 the number of journ
World NewsMay 28, 2016
-
Janet Yellen says Fed could raise rates in coming months
Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving.While economic growth was relatively weak at the end of last year and beginning of this year, it appears to be picking up now based on recent data, Yellen said during a discussion at Harvard University.She said she expects the Fed to “gradually and cautiously increase” its key interest rate “and probably in the coming months, such a move would be appr
World BusinessMay 28, 2016
-
N. Korea threatens to fire at any ship intruding into western sea border
North Korea again claimed the South Korean Navy’s firing of warning shots at its vessels that trespassed into the de facto western maritime border as “a premeditated plot” to heighten inter-Korean tension on Saturday.The North said it will open fire without warning at any South Korean warship that intrudes an inch into the sea border.“The reckless military provocation was evidently prompted by a premeditated sinister plot to bedevil the North-South relations and further aggravate the tension on
North KoreaMay 28, 2016
-
N. Korea continues to show signs of nuclear reprocessing activity
North Korea continues to show signs suggesting it could be reprocessing spent nuclear fuel to harvest plutonium for nuclear weapons, a U.S. research institute said Friday, citing recent satellite imagery.The May 22 imagery of the North’s Yongbyon nuclear complex shows nine tanks in front of the spent fuel reception building next to the reprocessing plant, and smoke from a coal-fired plant providing steam for reprocessing activity, the Institute for Science and International Security (ISIS) said.
North KoreaMay 28, 2016
-
Household debt ratio by local banks hits bottom
The ratio of South Korea’s household debt borrowed by local banks dipped to the lowest-ever level as stricter screening regulations prompted more people to take out loans from nonbanking lenders, data showed Saturday. The private sector debt, excluding credit card spending, tallied at 569.3 trillion won ($482.5 billion) at end-March, and loans by local banks accounted for 49.1 percent of the total, the Bank of Korea (BOK) said. It is the lowest since the fourth quarter of 2002 when the central b
May 28, 2016
-
Shares expected to move in tight range next week
South Korean stocks will likely remain in a tight range next week on lingering uncertainties over the U.S. Federal Reserve’s rate decision and Britain’s possible exit from the eurozone, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 1,967.17 on Friday, up 1 percent from a week earlier. The index dipped to a three-month low on Tuesday, but bounced back the next day as securities firms rallied on expectations of extending stock trading hours by 30 minutes
May 28, 2016
-
STX Shipbuilding files for court-led restructuring
Financially shaky STX Offshore & Shipbuilding Co. Friday filed for a court-led restructuring scheme as it struggled with a protracted slump and mounting losses, officials at the shipbuilder and the Seoul Central District Court said.The court will soon decide whether to put the ailing shipbuilder under its receivership or on path to liquidation, the officials said.STX Shipbuilding, once the country's No. 4 shipbuilder, has been under the control of its creditors since April 2013 amid a protracted
IndustryMay 27, 2016
-
Seoul says it is meaningful for Obama to mention Korean victims
South Korea said Friday that it is meaningful that U.S. President Obama explicitly mentioned Korean victims in his historic speech in Hiroshima, while visiting a memorial site honoring those killed in an atomic bombing about seven decades ago.Obama paid a visit to the Hiroshima Peace Memorial Park, where he laid a wreath for those who lost their lives and gave a speech in which he mentioned Korean victims as well. He, however, did not visit a monument dedicated to Koreans killed in the city."Whe
Diplomatic CircuitMay 27, 2016
-
Steel firms seek preemptive restructuring
In light of shipping and shipbuilding companies that are being swept up by debt after years of oversupply, Korea’s steel firms are seeking preemptive steps not to succumb to the same fate. Industry watchers say the steel makers will likely hasten restructuring moves after summer when a new law that eases regulations on small mergers, splits and asset sales takes effect. The act, dubbed the “one shot law,” would clear regulatory hurdles associated with tax codes, commercial code and fair trade la
May 27, 2016
-
Sales down, profitability up in Corporate Korea in 2015
Sales dropped, but profit margins edged up in Corporate Korea last year, the Bank of Korea said Friday. According to the central bank’s survey of business performance at nearly 20,000 companies in Korea, revenues were down 2.4 percent in 2015 from a year earlier, led by manufacturers, which posted an average 4.2 percent drop. Profit margins, as a ratio of operating profit to revenue, increased to 5.2 percent from 4.2 percent during the same period. This means the companies earned an operating pr
May 27, 2016