Most Popular
-
1
AI textbook bubble could burst, expert warns
-
2
Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
-
3
Samsung tightens its belt amid crisis winds
-
4
North Korean trash balloons cross border day after Seoul military parade
-
5
Ex-presidential official’s leaked phone call rattles conservative bloc
-
6
Prosecution closes 'Dior bag' case amid opposition uproar
-
7
Man escapes DUI charges by downing bottle of soju while pulled over
-
8
Pay debate plagues foreign nanny pilot
-
9
K-pop star lip-syncing controversy flares up again
-
10
Court confirms sentence for rapper who attempted to evade national service
-
Park says history education should not divide Korea
President Park Geun-hye called for a correct recognition of history Tuesday as she asked lawmakers not to divide the public sentiment with an unnecessary controversy over history textbooks. "History education should never divide the people and students over political strife or ideological confrontation," Park said in a meeting with her top aides. On Monday, the government announced its plan to reintroduce state history textbooks for secondary school students to address what it calls the predom
PoliticsOct. 13, 2015
-
Koreans to sue Volkswagen in U.S. over emissions scam
A group of South Korean Volkswagen owners is planning to sue the German carmaker in the United States for deceiving them about the emissions test, their legal representative said Tuesday. About 50 people who own Passat models, made at a U.S.-based production facility in Tennessee, will file a class action lawsuit in the coming weeks in the U.S. where punitive damages are acknowledged. Meant to punish the offending party for its reckless or unconscionable actions or conduct, punitive damages ar
Social AffairsOct. 13, 2015
-
Korea, Japan, China to hold cyber policy talks
South Korea, Japan and China will hold talks this week to boost cooperation on cyberspace issues, the Foreign Ministry said Tuesday. The three sides will meet in Seoul Thursday to discuss the cyber security environment, including recent cyber threats, each country's policies on cyberspace issues, international rules governing cyberspace, and cooperation against cyber crime and terrorism, the ministry said in a press release. The meeting will come about two weeks ahead of a trilateral summit to
InternationalOct. 13, 2015
-
Growth of household debt quickens in Aug.
Loans extended to households by local lenders and financial institutions grew at a faster pace in August, apparently due to a rise in demand for home mortgages, central bank data showed Tuesday. Outstanding household loans by local banks and non-banking institutions reached 773.1 trillion won ($674.84 billion) as of end-August, up 9.8 trillion won from a month earlier, according to data from the Bank of Korea. The August pace accelerated from July when outstanding household loans gained 3.3 tr
Oct. 13, 2015
-
North Korean famine stunts youth growth: report
Severe malnutrition stemming from North Korea's devastating famine in the mid-1990s appears to have seriously undermined the growth of youths in the impoverished country, a report claimed Tuesday. According to the report by the Korea Development Institute, young people in the country between the ages of 15 through 21 underwent the famine during their critical formative years and may have had their growth stunted. The North was gripped by famine from 1994 to 2000, before the country's situation
North KoreaOct. 13, 2015
-
Elton John to play in Korea next month
Legendary singer-songwriter Elton John is coming to Korea next month for an intimate concert. The Grammy-winning artist will be putting up a one-night only performance on Nov. 27 at Hyundai Card Understage in Seoul‘s Hannam-dong, a venue that seats up to 500 people. The show, which is part of John’s currently running world tour “All the Hits,” is the only one on such a small scale, providing the audience with a rare opportunity to experience the celebrated musician’s performance up close. Prom
PerformanceOct. 13, 2015
-
Preparation for family reunions under way without hitch
South and North Korea have been preparing for the upcoming reunions of separated families without a hitch as repair work at facilities for the event will be completed as scheduled, the Unification Ministry said Tuesday. A group of South Korean technicians have been repairing facilities at Mount Kumgang on the North's east coast since late September in preparation for the reunions of families separated by the 1950-53 Korean War slated for Oct. 20-26. The repair work is set to be completed on Wed
North KoreaOct. 13, 2015
-
Park renews calls for peaceful unification with North Korea
President Park Geun-hye renewed her calls Tuesday for a peaceful unification between South and North Korea. "Now, it's time to move toward a peaceful unification ... by ending the pain of the division," Park said in a video message to a forum on North Korean affairs. The Korean Peninsula was divided into the capitalistic South and communist North after its liberation from Japan's 1910-45 colonial rule. The two sides fought in the 1950-53 Korean War, which ended in a truce, not a peace treaty.
North KoreaOct. 13, 2015
-
S. Korea's ICT exports hit yearly high in Sept.
South Korea's exports of information communication technology products rose to a record high for 2015 in September, fueled by increased shipments of flagship items, government data showed Tuesday. Outbound shipments of ICT products amounted to US$15.9 billion last month, up 1.6 percent from a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy. The increase marks the second month in a row that outbound shipments of ICT products rose on-year. Imports also
IndustryOct. 13, 2015
-
S. Korea's import prices keep decline in Sept.
Import prices in South Korea continue to drop in September, extending their on-year decline to a 37th straight month, central bank data showed Tuesday. Import prices, in local currency terms, fell 13 percent on-year last month, according to the preliminary data from the Bank of Korea. The rate, however, slowed slightly from a 13.6 percent on-year drop in the previous month. The decline was largely attributed to a cut in import prices of oil and petroleum products. In September, import prices
Oct. 13, 2015
-
Top two in women's golf to clash in S. Korea
The two best players in women's golf will clash in South Korea this week, as the LPGA Tour makes its annual stop in the country. World No. 1 Park In-bee of South Korea and No. 2 Lydia Ko of New Zealand will headline the star-studded field in the LPGA KEB Hana Bank Championship at the Ocean Course of Sky 72 Golf and Resort in Incheon, west of Seoul. The 72-hole event will feature the top 59 players from the LPGA Tour, along with a dozen players from the Korea LPGA Tour. On the current world ran
GolfOct. 13, 2015
-
Koreans value Internet privacy over right to know: poll
South Koreans tend to value Internet privacy over the right to know, a poll showed Tuesday, with a majority of Internet users believing their personal information is not sufficiently protected online. According to the survey conducted by the National Information Society Agency, around 65 percent of the respondents said they put priority on their privacy over the right to express and know. Another 22.2 percent said the right to express or know still should be more respected than individuals' pr
Social AffairsOct. 13, 2015
-
Lotte chief has weak grip on affiliates
The chief of South Korean retail giant Lotte Group owns relatively small stakes in the group's key affiliates compared to those held by his family members amid an ongoing power struggle with his brother over the country's No. 5 conglomerate, data showed Tuesday. Lotte Group Chairman Shin Dong-bin and his elder brother Dong-joo have been involved in a succession feud with the latter set to wage a legal battle against his younger brother to win back control over the conglomerate whose business po
IndustryOct. 13, 2015
-
Pyongyang displays model of SLBM at flower exhibition
North Korea has displayed a model of a submarine-launched ballistic missile at a flower exhibition to celebrate its key anniversary, Pyongyang's state broadcast showed Tuesday. Unlike earlier expectations, the North did not showcase the SLBM, which it claimed it successfully fired off in May at its military parade Saturday to mark the 70th anniversary of the founding of the ruling Workers' Party of Korea. But Pyongyang made the SLBM model public at the exhibition displaying flowers named after
North KoreaOct. 13, 2015
-
Trump insists S. Korea is getting defense free ride from U.S.
U.S. Republican presidential front-runner Donald Trump insisted Monday that South Korea is getting a defense free ride from the United States, claiming the contribution Seoul pays for the upkeep of American troops is "peanuts," compared with what the U.S. spends.Trump made the remark during a campaign speech in New Hampshire after an audience member pointed out that it's inaccurate to claim that South Korea pays nothing for the U.S. defending the country and that Seoul paid more than $860 millio
DefenseOct. 13, 2015
-
[Photo News] Smart TV app for UHD content
SMART TV APP FOR UHD CONTENT -- LG Electronics launches the “Ultra HD World,” a TV application for ultra-high definition content, for the first time in Korea. The tech giant will offer 130 TV dramas, and shows in UHD for free by the end of this year. (LGE)
TechnologyOct. 12, 2015
-
Last Korean MERS patient tests positive again
The last patient here diagnosed with the Middle East respiratory syndrome was readmitted to the hospital and tested positive for the virus again after showing symptoms such as high fever, the Health and Welfare Ministry said Monday. Yang Byung-guk, the director of the Korea Centers for Disease Control and Prevention, at an emergency press briefing Monday. (Yonhap)The 35-year-old patient, who contracted the virus while suffering from lymphoma, had left the hospital earlier this month after testin
Social AffairsOct. 12, 2015
-
‘World Bank, Korea equal partners committed to global prosperity’
Building on the last 60 years of partnership, the World Bank and Korea are now equal partners in international development, sharing knowledge to help the world become a more equitable and prosperous place, the World Bank Group’s special representative to Korea Office told The Korea Herald last week.“Korea joined the World Bank’s International Bank for Reconstruction and Development in 1955, and became the first foreign aid recipient country to become a donor when it entered the OECD’s Developmen
Social AffairsOct. 12, 2015
-
Koreas' labor unions settle on schedule for football competition in Pyongyang
Labor unions of the two Koreas have settled on the schedule for a friendly football competition in Pyongyang, officials in Seoul said Monday.The football event for labor workers from the Koreas will take place from Oct. 28 to 31 in the North Korean capital, officials from the Federation of Korean Trade Unions and the Korean Confederation of Trade Unions said.The dates were agreed upon at a working-level meeting in Gaeseong, north of the border, between the two sides. Workers from the two sides p
North KoreaOct. 12, 2015
-
US-British consumption expert Angus Deaton wins Nobel Economics Prize
STOCKHOLM (AFP) - Angus Deaton of Britain and the United States won the Nobel Economics Prize on Monday for his work on consumption, poverty and welfare, the jury said."By emphasising the links between individual consumption decisions and outcomes for the whole economy, his work has helped transform modern microeconomics, macroeconomics and development economics," the Royal Swedish Academy of Sciences said."To design economic policy that promotes welfare and reduces poverty, we must first unders
World NewsOct. 12, 2015