Most Popular
-
1
Thousands rally in Seoul to call for Yoon's resignation
-
2
Suicide attempts spike among youth in Korea
-
3
Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
-
4
FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
-
5
[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
-
6
Korean American documentary ‘Free Chol Soo Lee' wins Emmy
-
7
S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
-
8
Immigration policy must go beyond labor supply: experts
-
9
Korea, China, Japan vow to address yellow dust and climate change
-
10
4 in 10 illegal aliens entered S. Korea without visas last year: data
-
China's premier: Up to Japan to hold trilateral summit this year
Chinese Premier Li Keqiang said Wednesday that it is essentially up to Japan to make a decision on holding this year's trilateral summit among the leaders of Seoul, Tokyo and Beijing, citing "still fragile" ties between Japan and China. The leaders of South Korea, Japan and China resumed a trilateral summit in South Korea last year, marking the first such meeting in about three years, with the aim of repairing relations strained from historical and territorial issues."As to whether the format en
Foreign AffairsMarch 16, 2016
-
N.K. nuke 'exit strategy' may be needed
As inter-Korea relations plunge deeper into a standoff, with the North threatening additional nuclear and long-range missile tests, some Seoul experts have begun expressing concerns over the lack of an exit strategy to alleviate tension in the peninsula.North Korean leader Kim Jong-un, in defiance of recently-passed U.N. sanctions, claimed Tuesday that it has the capacity for a nuclear strike and warned of an “all-out“ attack against South Korea and the U.S. for carrying out an annual joint mili
North KoreaMarch 16, 2016
-
Seoul’s dilemma deepens over peace treaty
The Park Geun-hye government faces a deepening dilemma as calls grow for peace treaty talks with North Korea alongside denuclearization negotiations while Seoul has set about funneling all of its diplomatic energy into having Pyongyang desert nuclear weapons. The decades-old move to officially end the 1950-53 Korean War was rekindled late last month when Chinese Foreign Minister Wang Yi suggested initiating denuclearization and peace treaty discussions in tandem during his visit to Washington. U
North KoreaMarch 16, 2016
-
Korean shares up 0.25%, FOMC meeting in focus
Korean shares ended higher Wednesday as investors expect the U.S. Fed to freeze its policy rates, analysts said. The local currency fell against the U.S. dollar.After moving in a tight range, the benchmark Korea Composite Stock Price Index (KOSPI) gained 4.93 points, or 0.25 percent, to finish at 1.974.90. Trading volume was moderate at 289.95 million shares worth 4.06 trillion won, with decliners outnumbering gainers 411 to 390.Investors are increasingly turning their eyes to a two-day Federal
March 16, 2016
-
Youth unemployment soars to 12.5%, an all-time high
Korea’s youth unemployment soared to its highest level on record in February, as economic slowdown takes its heaviest toll so far on fresh and inexperienced job candidates. According to Statistics Korea, the jobless rate for workers aged between 15 and 29 was 12.5 percent last month, up 1.4 percentage points from the same month in 2015. From a month ago, the unemployment rate grew by 2 percentage points. The jobless rate among the young tends to be higher in February when most college students g
March 16, 2016
-
Herald inks partnership with Korea Green Building Council
Korean media and lifestyle company Herald Corp. signed an agreement with the Korean arm of World Green Building Council on Tuesday to jointly promote eco-friendly buildings. Herald Corp. CEO Lee Young-man (fourth from right) and KGBC chairman Kim Hway-suh (fourth from left) pose after signing a partnership agreement at the Herald Corp. headquarters on Tuesday. (Lee Sang-sup/The Korea Herald)“Together, we hope to introduce more Koreans to the concept of green buildings,” Kim Hway-suh, chairman of
IndustryMarch 16, 2016
-
IBM’s Watson chief: No need to fear AIs
Google has sparked a great deal of interest in artificial intelligence in Korea, with the recent match between Go master Lee Se-dol and AI program AlphaGo ending with a final score of 4-1 in favor of the software.Some critics have called the five-game match a mere marketing gimmick, but whatever it may be, the California-based Internet firm has drawn the public’s attention toward AI. Robert H. High, the chief technology officer of IBM, speaks about cognitive computing at a conference in Seoul o
TechnologyMarch 16, 2016
-
[Photo News] Guinness on St. Patrick's
GUINNESS ON ST. PATRICK‘S -- Irish Ambassador to Korea Aingeal O’Donoghue (left) and Irish deputy ambassador David Murphy pose at a Guinness promotional event at the Namsan Grand Hyatt Hotel on Tuesday to celebrate the upcoming St. Patrick‘s Day holiday. (Diageo)
IndustryMarch 16, 2016
-
Seoul, Beijing start talks on removing non-tariff barriers
Korea and China held their first official round of bilateral talks Wednesday aimed toward removing nontariff barriers.“The Korea-China FTA went into effect late last year, but various nontariff barriers such as excessive quarantine and safety regulations continue to keep our key export items, such as food and cosmetics, from the Chinese market,” Finance Minister Yoo Il-ho said in a meeting with a group of local exporters earlier this week. Former Korean Trade Minister Yoon Sang-jick (left) shake
March 16, 2016
-
Number of VC firms hit record high
The number of Korean venture capital investment firms reached a record high of 118 on the back of the government’s drive to support local start-ups in line with its policy to develop a creative economy, according to the Small and Medium Business Administration on Wednesday.This is also due to relaxed regulations enabling VC firms to be set up with equity capital of 5 billion won. Previously, Korea only allowed VCs with more than 7 billion in equity capital to be established.In addition to the go
March 16, 2016
-
[Photo News] LG releases new OLED TV
LG RELEASES NEW OLED TV -- LG Electronics said Wednesday that it has released new organic light-emitting diode TV products -- a 55-inch curved-display ultra OLED TV, dubbed C6, and 55-inch flat screen ultra OLED TVs, B6 and E6. (LGE)
TechnologyMarch 16, 2016
-
Samsung Engineering stocks gains as trading resumes
Samsung Engineering shares gained more than 4 percent in midday trading on Tuesday as Korea’s bourse operator lifted its two-week suspension due to the firm’s capital erosion.Shares in Samsung’s plant construction unit rose 4.41 percent higher at 9,940 won following more than a 10 percent surge in early trading. Trading of Samsung Engineering shares had been suspended in the KOSPI market since Feb. 29 as the company said that its capital had completely eroded as of December last year. Korea Exch
March 16, 2016
-
[Herald Interview] Pyeongtaek Port aims to be harbor logistics hub
Pyeongtaek Port aims to lead Korea‘s ports and logistics industry by strengthening a partnership with Chinese companies and focusing on the port’s hinterland complex. “We have a goal of handling a total volume of 600,000 20-foot (6.1 meters) equivalent units this year,” Choi Gwang-il, CEO of Gyeonggi Pyeongtaek Port Corp. said in an interview with The Korea Herald this week. Choi Gwang-il, CEO of Gyeonggi Pyeongtaek Port Corp.“In order to achieve the goal, we will continue to strengthen the par
IndustryMarch 16, 2016
-
Mariah Carey to turn life into reality series
NEW YORK (AFP) - Mariah Carey announced Tuesday that she would star in a reality television series about her upcoming tour and marriage. The pop diva known for her soaring five-octave range said that the E! entertainment network would follow her for an eight-part series entitled “Mariah's World.” “Mariah is one of the most captivating pop superstars of our time and one of the rare artists whose first name alone is instantly recognized around the globe,” Jeff Olde, the network’s executive vice pr
PerformanceMarch 16, 2016
-
Upcoming thriller critiques mental hospitalization laws
Soon-to-be released thriller “Come to See Me” revolves around the true-life story of a woman wrongly put into a psychiatric facility. Under current law in Korea, a person can be admitted to a mental institution with the consent of two caretakers and the diagnosis of a physician, said film director Lee Cheol-ha at a press conference in Jung-gu, Seoul. “I wanted to highlight how there are so many instances of this law being abused,” said the director, whose diverse filmography includes music vid
FilmMarch 16, 2016
-
Foxconn delays Sharp deal to get results clarity
Sharp shares fell in Tokyo as Foxconn Technology Group is said to delay finalizing a takeover agreement amid questions over the Japanese electronics maker’s performance in the current quarter.Foxconn, which agreed to pay more than 600 billion yen ($5.3 billion) for control of Sharp, has asked the Osaka-based company and its auditor for the latest financial results, said people with knowledge of the matter, who asked not to be identified because the matter is private. Sharp dropped as much as 11
TechnologyMarch 16, 2016
-
Fashion KODE to open during Seoul Fashion Week
Fashion KODE, an annual trade show for Korean fashion designers, will run March 23-24, during Seoul Fashion Week. The fifth edition of one of Korea’s largest fashion fairs will take place at J-Gran House near Mount Namsan, Seoul. It will feature some 70 Korean fashion brands and is expected to be attended by more than 500 local and foreign buyers. There will be local womenswear and menswear brands such as Isabel Moon, Gaze de Lin, Navy Factory Lab and Sling Stone. This year’s fashion event w
Arts & DesignMarch 16, 2016
-
Sony’s Playstation VR headset to arrive in October for $399
Sony said its virtual reality headset, the Playstation VR, will go on sale in October for $399 -- significantly less than the $600 Oculus Rift or the $800 Vive made by HTC and Valve. The lower price further cements a prediction already held by game developers and analysts: While Sony’s rivals have inspired greater excitement, more people will actually buy the Playstation headset, at least in the short term. Sony’s Playstation VR headsetWith the full details of all the major VR headsets now publi
TechnologyMarch 16, 2016
-
Polarized luxury jewelry market
Korea’s luxury jewelry market has become polarized in terms of price, while consumers are becoming more adventurous in their purchases when it comes to design. Amid the lull in the global economy, the wealthy continue to invest in fineries, while those with smaller budgets still look to enjoy luxury while paying less, said Giorgio Damiani, vice president of Italian jewelry brand Damiani. Jewelry and luxury brands are catering to this consumption pattern by dividing their product lines, said Dam
Arts & DesignMarch 16, 2016
-
[Photo News] Play it cool
PLAY IT COOL – Samsung Electronics participates in Mostra Convegno Expocomfort 2016, an international exhibition in the heating and air-conditioning sectors that kicked off in Milan, Italy, Tuesday. (Samsung Electronics)
TechnologyMarch 16, 2016