Most Popular
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‘Korea crossed the line too far’ disgraced singer’s lawyer cries foul after 3rd visa denial
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Opposition mulls delay of financial investment income tax
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Immigration policy must go beyond labor supply: experts
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Psy's touch or new trend in music? P Nation’s solo stars lose their shine
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S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
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Park Zi-a, the actor who played 'The Glory' heroine's mother, dies
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Nasrallah's killing reveals depth of Israel's Hezbollah penetration
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Korean American documentary ‘Free Chol Soo Lee' wins Emmy
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KMA chief under pressure after surveyed doctors refuse to back him
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Meditation brings calm to Gwanghwamun
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Military chiefs of South Korea, U.S., Japan vow stern action against Pyongyang
The chief military officers of South Korea, the United States and Japan agreed Thursday to boost their intelligence sharing on North Korea's recent long-range missile test and react "resolutely" to it, the Joint Chiefs of Staff said.JCS Chairman Gen. Lee Sun-jin held talks with his U.S. and Japanese counterparts -- Gen. Joseph Dunford and Adm. Katsutoshi Kawano -- to coordinate their joint response to North Korea's recent provocations.On Sunday, North Korea launched a long-range rocket carrying
North KoreaFeb. 11, 2016
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[Photo News] Gifts for adoptees
GIFTS FOR ADOPTEES -- LG Uplus’ employees participate in a corporate social responsibility program in which they make dolls for babies who have been put up for adoption, at the company’s head office in Seoul on Thursday. (LG Uplus)
TechnologyFeb. 11, 2016
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U.S. attack submarine to visit Seoul next week after Pyongyang's missile launch
The U.S. is planning to send the Navy attack submarine USS North Carolina (SSN-777) to South Korea next week in a show of military might against North Korea following the communist country's recent long-range missile launch, an official said Thursday."The U.S. Navy's nuclear-powered submarine USS North Carolina is coming to South Korea as far as I know," the military official said.The Virginia-class attack submarine is capable of carrying Tomahawk all-weather cruise missiles and Mark 48 submarin
North KoreaFeb. 11, 2016
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Seoul retrieves Pyongyang missile debris
The military on Thursday retrieved what is believed to be debris from the rocket North Korea launched earlier this week.Three pieces of what seems to have been the rocket's combustion gas jet nozzle were recovered from waters some 105 kilometers off Ochung Island in the Yellow Sea, according to the Navy.The debris was found in the ocean floor off the island located about midway along the west coast of South Korea, the Navy said.On Sunday, North Korea launched a long-range rocket carrying an Eart
North KoreaFeb. 11, 2016
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[Photo News] Smart cover for LG G5
SMART COVER FOR LG G5 -- LG Electronics unveils a touch-enabled case, dubbed the Quick Cover, for its upcoming flagship smartphone G5 in Seoul on Thursday. The semitransparent smartphone cover allows users to take calls and control alarm functions by touching the front of the cover. (LGE)
TechnologyFeb. 11, 2016
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LG Life Sciences’ new 5-in-1 vaccine approved by WHO
LG Life Sciences’ 5-in-1 vaccine Eupenta (LG Life Sciences)LG Life Sciences, the biopharmaceuticals unit of LG Group, said Wednesday its self-developed 5-in-1 multifunctional vaccine Eupenta has received the World Health Organization’s prequalification approval. The PQ approval grants LG eligibility to join the United Nation’s procurement bid for 5-in-1 vaccines this year, which means it could become a potential stable vaccine supplier to key U.N. affiliates like UNICEF and PAHO.Eupenta, develop
IndustryFeb. 11, 2016
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Financier Kim Yong-kook named new Invest Korea head
The state-run Korea Trade-Investment Promotion Agency named financier Kim Yong-kook as its new head of Invest Korea on Thursday. Kim will head Invest Korea, KOTRA’s arm to attract foreign investment, for the next two years starting on Feb. 11, according to officials New Invest Korea head Kim Yong-kook (Yonhap)“With the experiences gained from the international financial industry, I will strive to increase foreign investors (and) undertake the responsibility to c
Feb. 11, 2016
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Issuance of derivatives-linked securities hits record high
Korea's issuance of derivatives-linked securities has soared to a record level as more investors turn to buy stocks indirectly for decent returns amid low interest rates, data showed Thursday.A total of 100.2 trillion won worth of derivatives-tied securities has been sold so far as of last Friday, surpassing the 100 trillion won ($83.85 billion) mark for the first time, according to data compiled by the Korea Securities Depository (KSD). Buildings of securities firms in Yeouido, Seoul. (Yonh
Feb. 11, 2016
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Foreigners dump 3.7 trillion won worth of Korean shares in January
Foreign investors shed local stocks in January to extend its selling mode for a third straight month amid persistent concerns over the global economic slowdown, the financial watchdog said Thursday.Offshore investors sold a net 3.71 trillion won ($3.11 billion) worth of local stocks last month, compared with the previous month's net sell-off of 3.1 trillion won, according to the Financial Supervisory Service (FSS). Financial Supervisory Service headquarters in Yeouido, Seoul (Yonhap)The total va
Feb. 11, 2016
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Economic growth largely driven by increased inventory: data
Korea's economic growth was largely fueled by a rise in inventories last year amid a deepening slump in domestic demand and industrial output, with its contribution hitting a five-year high, central bank data showed Thursday.The contribution of inventory stocks to economic growth reached 1.1 percentage points in 2015, while Asia's fourth-largest economy expanded 2.6 percent over the period, according to the data compiled by the Bank of Korea. The Bank of Korea (Yonhap)The figure marked the highe
Feb. 11, 2016
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Daewoo E&C wins $480 mln deal to build bridge in India
Daewoo Engineering & Construction Co., a major Korean builder, said Thursday that it has won a deal to construct a bridge in India for $480 million.The contract signed with Bihar State Road Development Corp., a local state-run company, calls for Daewoo E&C to build a 22.76-kilometer six-lane bridge that will run across the Ganges. Daewoo E&C said it will jointly carry out the contract with L&T, India's largest builder. Other information, such as when the construction will start, is not available
IndustryFeb. 11, 2016
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Korea set to tackle possible financial turbulence
South Korea's finance ministry said Thursday that the local financial market is apparently in a stable mode on the first business day after a long holiday, despite negative external issues.North Korea fired a long-range rocket carrying what it claims is a satellite Sunday, further escalating already high tensions on the Korean Peninsula. In response, the South Korean government on Wednesday decided to shut down the inter-Korean industrial complex. Kaesong Industrial Complex (Yonhap)The Ministry
Feb. 11, 2016
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Hong Kong leads fresh Asia market sell-off
Hong Kong stocks plunged more than four percent to a more than three-year low Thursday, leading another sell-off across Asian markets and extending a global rout fanned by worries over the world economy.Comments from Federal Reserve boss Janet Yellen virtually confirming the bank will not lift interest rates next month put further pressure on the beleaguered dollar, while the ongoing supply glut saw oil prices sink below $27 a barrel.Dealers continued their flight to safe investments that has pl
Feb. 11, 2016
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Abbas due in Seoul next week
Palestinian President Mahmud Abbas will visit South Korea next week for talks with President Park Geun-hye on improving bilateral ties, the Foreign Ministry announced Thursday.He is scheduled to make a three-day trip here starting Wednesday after traveling to Japan, it said.In his second visit to South Korea after the previous one in 2010, Abbas plans to meet with Park, National Assembly Speaker Chung Ui-hwa, and Prime Minister Hwang Kyo-ahn.His upcoming trip is expected to serve as an opportuni
Foreign AffairsFeb. 11, 2016
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Korea to cooperate with WHO to monitor Zika outbreak
Prime Minister Hwang Kyo-ahn said Thursday that the government should preemptively deal with the possible outbreak of the Zika virus by strengthening cooperation with international health authorities."The government should intensify cooperation with the World Health Organization and share information with Zika outbreak countries," Hwang said during a Cabinet meeting.The mosquito-borne illness, declared by the WHO as a global emergency, has spread to parts of Asia and Latin America. South Korea h
Social AffairsFeb. 11, 2016
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Seoul Selection publishes visual book series on Korean heritage
Seoul Selection said Thursday it has published an English language book on court paintings from the Joseon Dynasty (1392-1910) to introduce more Korean culture and tradition to foreigners.The 170-page book on court paintings, the first part of the series "Visual Korean Heritage," features the beauty of various court paintings as well as royal rituals, banquets and processions.Pictures of flowers, birds, mountains, the sea and divine animals are also introduced in the pictures with the author's c
CultureFeb. 11, 2016
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China keeps mum on Seoul's decision on Gaesong complex
China's foreign ministry has kept mum on South Korea's decision to halt operations of its joint industrial park with North Korea, a move by Seoul to punish Pyongyang for its latest rocket launch and nuclear test. The Chinese ministry has yet to respond to a question sent by Yonhap News Agency via a fax about China's stance over the South Korean decision as of Thursday morning. At the same time, U.N. Security Council members remain divided over how to punish North Korea for its fourth nuclear tes
North KoreaFeb. 11, 2016
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'A Violent Prosecutor' draws record Lunar New Year's crowd
A local crime comedy film has gathered a record number of viewers over this Lunar New Year's holiday, data by the official market tracker showed Thursday."A Violent Prosecutor" was watched by more than 4.76 million movie-goers from Saturday to Wednesday, a record for the holiday known as "Seol" in Korea, data by the Korean Film Council showed.A record 6.7 million people have gone to the movies over this Seol holiday, the data also showed.In the Lee Il-hyung feature, prosecutor Byeong Jae-uk (Hwa
FilmFeb. 11, 2016
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Olympic speed skating champ Lee Sang-hwa seeking 3rd world title in 500m
Two-time reigning Olympic champion Lee Sang-hwa will be chasing her third world speed skating title in the women's 500 meters in Russia this weekend.Lee will race at the International Skating Union World Single Distances Speed Skating Championships in Kolomna, Russia.The women's 500m is set for Saturday.Skaters will have to race twice, and the combined time will determine the winner.Lee, the world record holder with 36.36 seconds, won the 500m title in 2012 and 2013 before defending her Olympic
More SportsFeb. 11, 2016
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Seoul suspends logistics project with Pyongyang, Moscow
South Korea has suspended a trilateral logistics project with North Korea and Russia as part of its measures to punish the North for its nuclear and missile tests, sources said Thursday.The project linked the three countries by rail and sea, with shipments of coal and bottled water arriving in the South through North Korea's port city of Rajin and Russia's border city of Khasan.As the project is a source of income for the North, South Korea will halt its development to stop the money from being
North KoreaFeb. 11, 2016