Most Popular
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Who's lying? Hybe vs. Min conflict continues to intensify
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Seoul should engage Kim Jong-un’s elites for change, ex-North Korean diplomat says
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Most teen sex offenders get away with slap on wrist
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Ex-Trump official calls for S. Korea to raise defense spending to 3 or 3.5% of GDP
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Man sentenced to 1 year, 8 months for stealing from elementary school classrooms
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Same-sex couple denied insurance clearance despite landmark ruling
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Panmunjom tours for select Korean nationals may resume in October
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Young Poong says no better offer for Korea Zinc
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Korea's first global webtoon festival lights up Seongsu-dong
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FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
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No foul play in Codes Combine rally: KRX
Korea Exchange has found no evidence of foul play in the rally of Codes Combine on the Kosdaq exchange in March, the sudden and erratic nature of which led the bourse operator to take measures against stocks with similarly small free floats. “The Market Oversight Committee could not find any reason to believe that manipulative forces were behind the stock’s gains,” a source at the KRX said Sunday. The committee, which monitors irregularities in stock trading, had probed transactions related to t
May 8, 2016
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Korean overseas spending double what foreigners spend in Korea
Last year, Koreans spent nearly double overseas compared to the amount foreign consumers spent here in Korea, data showed Sunday.According to data from Statistics Korea, Korean consumers spent nearly 26.1 trillion won ($22.6 billion) overseas, roughly two times the 13.1 trillion won spent by foreign consumers in Korea.The figures include both consumer spending overseas and direct purchases from foreign websites. Tourists shop at a duty-free store in Seoul. (Yonhap)The disparity indicates a sever
IndustryMay 8, 2016
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Fewer Koreans feel responsible for aging parents
Fewer Koreans believe that grown-up children should be responsible emotionally and financially to care for their aging parents, a study showed Sunday. According to the report released by the Korean Women’s Development Institute, 16.6 percent of Koreans said in a survey conducted in 2014 that an individual is responsible to finance their own post-retirement years. It showed a 1.7-fold increase from 9.6 percent in 2002. At the same time, the number of those who think family members, including gr
Social AffairsMay 8, 2016
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[Behind the Wheel] Sharp but stable: All-new Malibu ready to challenge mid-sedan segment
In a dramatic change from previous models, GM Korea’s new Chevrolet Malibu 2016 is sleeker than before in design and has more power.The new Malibu, presented during a media test drive on a rainy day last week, offered a stable driving experience at speeds of around 120 kilometers per hour, proving that it was ready to challenge its rivals in Korea’s mid-sized sedan segment.The new Chevrolet Malibu (GM Korea)At first, the new Malibu gave the impression of a sharp, progressive sedan. But inside, i
MobilityMay 8, 2016
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[Editorial] Unwarranted appointments
On May 2, Choi Gye-woon stepped down as CEO of the Korea Water Resources Corp. His resignation drew attention as there was no particular reason for him to step down six months before the expiration of his term. A former university professor, Choi is recognized as one of Korea’s top experts in water management. Until recently, he had been passionate about his work. In March, he was elected the first president of the Asia Water Council. Choi’s abrupt resignation spawned speculation that he had bee
EditorialMay 8, 2016
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[Editorial] Gripped by illusion
North Korea has officially kicked off the era of Kim Jong-un by reaffirming his unchallenged one-man rule at a rare congress of its ruling Workers’ Party. The party congress is being held for the first time in 36 years. The young leader’s father, Kim Jong-il, had never convened it during his reign for 17 years because his father, Kim Il-sung, the founder of the communist country, told him not to hold a congress until “everyone lived in tile-roofed houses with a hot bowl of rice and beef soup eve
EditorialMay 8, 2016
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[Photo News] First Avante Sport
Hyundai Motor said Sunday it held a delivery ceremony at Songdo Street Circuit located in Incheon and delivered its first Avante Sport to a customer who will participate in Korea Speed Festival. The new sport version of Avante is powered by a 1.6-liter T-GDi four-cylinder engine that produces 201 horsepower. (Hyundai Motor)
MobilityMay 8, 2016
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Traditional Algerian fashion enthralls foreign eyes
Models dressed in colorful traditional clothes walked down the aisle, riveting audiences with their dazzling drapery. The glittery show was a collaboration between Algerian and Korean designers, showcasing the unique identities of both countries’ fashion. Part of a joint cultural program, the event at Coex in Seoul on Thursday featured clothing by Algerian designer Samir Kerzabi and Korean designers Park Hyo-hee and Ham Eun-jeong. A model showcases a newly interpreted traditional dress by Algeri
Foreign AffairsMay 8, 2016
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[Noah Smith] Want economic growth? Empty the suburbs
Here’s a big economic and political thesis: The U.S. has run out of frontiers, both literal and figurative. At first, growth was fueled by expansion into the West, use of natural resources and the build-out of national infrastructure. In the early- and mid-20th century, an unprecedented explosion of new technologies -- electricity, automobiles, airplanes and others -- opened up the suburbs, which acted like a new frontier. More recently, the Internet and globalization, especially China, were fr
ViewpointsMay 8, 2016
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[Photo News] Car-Park Promotion
GM Korea said Sunday it held a sports marketing event featuring Manchester United Ambassador Park Ji-sung in Seoul on Saturday. At the event, Park, a former Manchester United player, met with young soccer players from high schools and Chevrolet customers. Chevrolet is the official automotive partner of Manchester United. (GM Korea)
MobilityMay 8, 2016
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Arab film festival to woo movie lovers
To mark its fifth anniversary, the Arab film festival will showcase movies this month that will unravel the intricate tapestry of culture and humanity in the Middle East and North Africa. The event will run from May 25-June 1 at the Arthouse Momo in Ewha Women’s University in Seoul and Busan Cinema Center. Tickets are free and first come, first served. Fifteen films encompassing a broad range of genres and subjects will be presented. Most of them premiered last year, and they include: “A Mile in
Foreign AffairsMay 8, 2016
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Attempted rapist gets suspended sentence
A man who attempted to rape a woman who had agreed to have sexual relations in return for money was handed down 30 months in prison with four years’ stay of execution on Sunday. The man, aged 33 and surnamed Kim, became violent when the 23-year-old woman who met him at a motel room asked for the cash up-front. (123RF)The Jeonju district court said, “This crime resulted from Kim’s misguided belief that it was acceptable to disregard a woman’s sexual autonomy if she agreed to have sexual relation
Social AffairsMay 8, 2016
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Europeans discuss challenges of integration
Today is Europe Day: an annual celebration of the continent’s peace and unity. However, with the prospect of Britain exiting the European Union looming large, the EU’s state of integration is being questioned more frequently the world over. The supranational union of 28 member states, with a total population of 508 million people, has been divided by the issue of refugees from the Middle East and North Africa, and shattered by terrorist attacks, with the latest in Brussels in late March that kil
Foreign AffairsMay 8, 2016
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[Adam Minter] Why quacks are thriving in China
There are more than 10,000 private hospitals in China, and their numbers -- and revenues -- are growing every year. Yet they’re also among the least trusted institutions in China, widely assumed to be dens of quackery, malpractice and shameless profiteering.So why do patients flock to them? One reason is that China’s top search engine, Baidu, accepts their advertising.That’s how Wei Zexi, a 21-year-old cancer patient, ended up spending more than $30,000 on what was advertised as an experimental
ViewpointsMay 8, 2016
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Fake Harvard graduate arrested for fraud
A man who had been on the run after duping women with a false identity as a Harvard graduate has been caught after four years. The Yeongdeungpo police said Sunday they arrested the man, 61 and surnamed Cheon, on charges of fraud. (123RF)Cheon had appropriated roughly 40 million won ($34,200) from three women he had met through an online chatting site in 2011. The women, all in their forties, did not suspect anything when Cheon lied to them about his age, saying he was 10 years younger than he r
Social AffairsMay 8, 2016
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BTS reaches new heights with recent concert
BTS has come a long way since its debut, recently performing at one of the largest concert halls in Korea, the Olympic Gymnastic Stadium, from May 7 to 8.“2016 BTS Live The Most Beautiful Moment in Life on stage: epilogue” kicked off with “Boy in Luv,” the song that had transformed BTS into a rising star. BTS performs at “The Most Beautiful Moment in Life on stage: epilogue” ((Big Hit Entertainment)The 150-minute concert featured 26 songs from “The Most Beautiful Moment in Life” series, includi
EntertainmentMay 8, 2016
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[William J. Burns and Michael Mullen] Why combating corruption matters to everyone
Pope Francis has called corruption “the gangrene of a people.” U.S. Secretary of State John Kerry has labeled it a “radicalizer,” because it “destroys faith in legitimate authority.” And British Prime Minister David Cameron has described it as “one of the greatest enemies of progress in our time.”Corruption, put simply, is the abuse of public office for personal gain. As leaders increasingly recognize, it is a menace to development, human dignity, and global security. At the anticorruption summi
ViewpointsMay 8, 2016
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Court denies psychological damage from military mission
A reserve military officer, who had served in Iraq and was in charge of bringing back the body of a South Korean who was beheaded by terrorists in 2004, was rejected in his application to be considered a man of national merit, a status that confers state benefits.Sources from the Seoul Administrative Court said Sunday that the man, whose identity was withheld, had filed a suit against the Nambu District Office of Patriots and Veterans Affairs to withdraw their refusal to recognize him as a man o
Social AffairsMay 8, 2016
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Minjoo Party ratings rebound in Jeolla
The main opposition The Minjoo Party of Korea is regaining approval ratings in its traditional stronghold in southwestern Korea that had overwhelmingly voted against it in last month’s parliamentary election.The approval rating for the Minjoo Party’s former chairman and presidential hopeful Rep. Moon Ja-in is also rebounding, recent polls showed.Realmeter said Sunday that in its survey on 1,517 adults nationwide from May 2-4, the Minjoo Party’s approval ratings rose 7.6 percentage points to 35.2
PoliticsMay 8, 2016
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North Korean leader reaffirms nuke aims, but offers talks
North Korean leader Kim Jong-un has said his country “as a nuclear state” will work toward the denuclearization of the world, the country’s official media reported Sunday. South Korean experts and government officials say the comment hints at the softened attitude of Kim, who has stepped up nuclear and missile threats against Seoul and Washington, but by no means implies its intent to take actual steps toward its own denuclearization as demanded by the allies.North Korean leader Kim Jong-un spea
North KoreaMay 8, 2016