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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Seoul to hold grand military parade on Tuesday, disrupting major city routes
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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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Park orders Cabinet to strengthen security at Korea's main airport
President Park Geun-hye instructed Cabinet officials on Tuesday to beef up security at South Korea's main airport to ensure that safety breaches do not recur."Concerns have been raised about the security system in Incheon International Airport at a time when there is a growing terror threat," Park said in a Cabinet meeting, referring to a warning message found at the airport last week. The message, printed in Arabic on half an A4-size sheet of paper, read: "This is the last warning to you. God w
DefenseFeb. 2, 2016
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EXO's Seoul concert to wrap up 2nd world tour
South Korean boy band EXO's upcoming Seoul concert will mark the grand finale of its second world tour, its agency said Tuesday.The nine-member act will perform March 18-20 at Olympic Park under the title "EXO PLANET #2 The EXO'luXion [dot]," which will conclude the journey started in March 2015, S.M. Entertainment said."[dot]" has been added to the title to signify the end of the one-year circuit, the agency added.EXO is the first idol group to have performed five times at the Olympic Gymnastic
PerformanceFeb. 2, 2016
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SHINee launches 4th Japan tour
South Korean boy band SHINee has embarked on its fourth Japanese tour, which could draw hundreds of thousands of people, its agency said Tuesday.The five-member act touched down in Fukuoka for concerts from Saturday to Sunday, S.M. Entertainment said, adding it will stop in Tokyo, Osaka and six other cities through May."SHINee World 2016 ~D×D×D~" is expected to draw an estimated350,000 people, which will bring the cumulative total of visitors to all of SHINee's Japanese tours to 1.12 million, th
PerformanceFeb. 2, 2016
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Russian envoy repeats THAAD opposition
Russian Ambassador to South Korea Alexander Timonin on Tuesday renewed his opposition to the U.S.’ possible deployment of an advanced missile defense system to the peninsula, arguing it would not be helpful for the region’s peace and stability. Russian Ambassador to South Korea Alexander Timonin speaks during a press meeting at his embassy in Seoul on Tuesday. (Yonhap)During a meeting with reporters at his embassy in Seoul, Timonin also said that Russia was against imposing any bilateral sanctio
Foreign AffairsFeb. 2, 2016
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President Park rejects birthday present from rival and former ally
President Park Geun-hye refused to accept orchids sent by the main opposition party’s interim leader Kim Jong-in to celebrate her 64th birthday on Tuesday, an icy gesture to the former architect of her economic policy.The Minjoo Party of Korea said that it tried to send the flower to Cheong Wa Dae around 9 a.m., but received a call some 50 minutes later from the presidential office that she will “respectfully decline.” Two more attempts to send the orchids were also turned down. The flowers that
Social AffairsFeb. 2, 2016
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Korea holds emergency meeting on Zika virus threat
South Korea convened an emergency meeting Tuesday to assess and formulate a response to the Zika virus threat after the World Health Organization declared it an international health hazard.At the gathering, chaired by the Minister of Health and Welfare Chung Chin-youb in Seoul, the government said there is no need to be overly concerned about the virus at present, but said countermeasures will be set up.The meeting came after the WHO on Monday unexpectedly issued worldwide warnings that the mosq
Social AffairsFeb. 2, 2016
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Korea to beef up quarantine inspections for animal diseases
The South Korean government said Tuesday that it will beef up nationwide quarantine inspections in order to stave off the wide spread of contagious animal diseases during the upcoming Lunar New Year's holiday.The outbreak of foot-and-mouth disease at pig farms in the southeastern region was confirmed early last month, but no additional cases have been reported since then. The Ministry of Agriculture, Food and Rural Affairs said it will run a monitoring team to stem the spread of FMD and bird f
Social AffairsFeb. 2, 2016
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SK Telecom net plunges 15.8% in 2015
Korea's top mobile carrier SK Telecom Co. said Tuesday its net profit fell 15.8 percent on-year in 2015 due mainly to losses from an equity investment in an affiliate.Net profit came to 1.5 trillion won (US$1.24 billion) last year, compared with a net profit of 1.7 trillion won posted a year earlier, SK Telecom said in a regulatory filing. (Yonhap)Sales moved down 0.2 percent to 17.1 trillion won over the cited period, while the operating profit also moved down 6.4 percent to 1.7 trillion won.Th
BusinessFeb. 2, 2016
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Regular workers with college degrees receive over 40 mln won in salary
The average salary for newly employed workers by large companies in Korea came to around 40 million won ($33,264) last year, a report showed Tuesday.According to the report by the Korea Employers Federation, a business lobby group, regular employees with four-year college degrees at large companies in 2015 received an average of 40.75 million won in salary, including bonuses, during their first year of work. Shinhan Group new recruits (Yonhap)The amount is much larger than those working for smal
BusinessFeb. 2, 2016
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Mobile shopping soar 42% as retail sales hit record high in Dec.
Retail sales in South Korea hit a record high in December aided by brisk demand for furniture, food and beverages, and cosmetics, a government report showed Tuesday.Retail sales amounted to 33.19 trillion won ($27.6 billion) in December, up 2.7 percent from the 32.3 trillion won tallied the previous year, according to the report by Statistics Korea. It also marks a 2.8 percent gain from November's 32.3 trillion won.The December figure marked the highest monthly amount since January 2010 when the
BusinessFeb. 2, 2016
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Sales of Kia's all-new K7 top 10,000 units
Kia Motors Corp., Korea's second-ranked carmaker, said Tuesday that it has sold more than 10,000 units of its all-new K7 sedan since its launch by appealing to relatively young people with its upgraded features and affordability, company officials said. The sales figure included around 7,500 preorders received before its official launch last week. The daily orders for the second-generation K7 were estimated at 660 units, larger than 483 units sold every day for its previous model, according to t
BusinessFeb. 2, 2016
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Animation shows Japan coerced women into sex slavery
Professor Seo Kyoung-duk said Tuesday that he distributed an animated advertisement on Facebook that criticized Japanese leader Shinzo Abe for his recent remarks denying forceful nature of the country’s sexual slavery of Korean women during World War II.“Abe has restarted a distortion of history. Alerting the whole world of such an attempt, and pressuring Abe via public opinion, is important in preventing (Abe) from twisting history,” said Seo, a local professor. An excerpt from Seo’s advertisem
Social AffairsFeb. 2, 2016
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Seongnam mayor denies illegal campaigning
Seongnam Mayor Lee Jae-myung on Tuesday denied allegations that he instructed city government officials to conduct an illegal election campaign before the official campaigning period via social media. The local election is slated to be held in 2018.Seongnam Mayor Lee Jae-myung (Yonhap)The National Election committee Monday said it had requested police in Suwon, Gyeonggi Province, to investigate Lee on a tip-off from a civil group last August. Investigators said they have yet to specify charges a
Social AffairsFeb. 2, 2016
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'My Love from the Star' to have different ending in China
Do Min-joon, the stoic alien with superpowers in the South Korean drama "My Love from the Star," has a different identity in China.Spoiler alert: The entire story is a fictional tale that he writes for Cheon Song-yi, the arrogant, yet endearing heroine played by actress Jun Ji-hyun in the original, sources in the Chinese broadcasting industry said Tuesday.Because China censors materials with aliens and supernatural beings, the show's ending had to be changed from the original, in which Do return
TelevisionFeb. 2, 2016
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Seoul places priority on surveillance of Pyongyang‘s possible missile launch
South Korea has placed a priority on surveilling North Korea's possible launch of a long-range missile, an official said Tuesday.Presidential spokesman Jeong Yeon-guk made the comments to reporters. He did not provide any further details, citing that it is an intelligence matter.There has been recent speculation that North Korea could launch a long-range missile in an apparent response to the U.N.'s move to impose sanctions on the North for its fourth nuclear test on Jan. 6.North Korea has a tra
North KoreaFeb. 2, 2016
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[Photo News] Ssangyong Motor releases luxury sedan
JUMPING INTO RACE FOR LUXURY SEDANS -- Ssangyong Motor joined the competition in the luxury sedan market by launching its upgraded flagship Chairman sedan with the new name of Chairman W “Kaiser” on Tuesday. The price tag of Ssangyong’s facelifted chauffeur-driven luxury sedan with four trims ranges from 56 million won ($46,550) to 112 million won. (Ssangyong Motor)
MobilityFeb. 2, 2016
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Most brokerages shine in 2015, but outlook gloomy
A majority of Korean securities companies logged record profits in 2015 thanks to brisk stock trading amid low interest rates, data showed Tuesday.But the prospect for this year is far from rosy as lingering concerns over the global economy would hurt investor sentiment to nibble at the bottom line.Samsung Securities Co. posted an operating profit of 376.7 billion won ($313.2 million) last year, up a whopping 125.6 percent from the previous year and its highest since 2007.The operating profit of
BusinessFeb. 2, 2016
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Number of dormant credit cards plunges over 4 years
The number of unused credit cards in Korea has dropped sharply over the past four years on the financial authorities' stepped-up efforts to reduce inactive cards in the market, data showed Tuesday.(Bloomberg)After peaking at 31 million in 2011, the number dropped to 13.4 million in 2013 and 9.41 million in 2014.It is the first time that the number of dormant credit cards fell below the 9 million mark since the association first started collecting such data in 2005.In 2012, financial authorities
BusinessFeb. 2, 2016
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Arirang TV chief to step down
The president of state-run English language broadcaster Arirang TV has offered to resign, the Ministry of Culture, Sports and Tourism said Tuesday.According to the ministry, Arirang TV chief Bang Suk-ho offered his resignation to Park Min-gwon, the first vice minister of culture, the night before. Bang is embroiled in a scandal over alleged misuse of public funds during his business trip to the United States last September. Rep. Choi Min-hee of the main opposition The Minjoo Party of Korea claim
Social AffairsFeb. 2, 2016
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GS Caltex begins plastic compounding business in Mexico
GS Caltex, South Korea’s second-largest oil refiner, said Tuesday it has established a new office in Monterrey, Mexico, to oversee its forthcoming plastic compounding business in the country.As the first Korean company to do so, GS Caltex Mexico S.R.L. plans to build a plastic compounding plant near Monterrey this year. The plant is set to begin operations in 2017 with an annual production capacity of 30,000 tons, which will be expanded to 50,000 tons by 2020. “The opening of a Mexican office ma
IndustryFeb. 2, 2016