Most Popular
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AI textbook bubble could burst, expert warns
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Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
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Samsung tightens its belt amid crisis winds
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North Korean trash balloons cross border day after Seoul military parade
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Ex-presidential official’s leaked phone call rattles conservative bloc
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Prosecution closes 'Dior bag' case amid opposition uproar
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Man escapes DUI charges by downing bottle of soju while pulled over
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Pay debate plagues foreign nanny pilot
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K-pop star lip-syncing controversy flares up again
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Court confirms sentence for rapper who attempted to evade national service
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Pyongyang, Beijing seek to improve ties
North Korea’s celebrations of its ruling party’s foundation day went peacefully Saturday with no provocations and even no mention of nuclear arms in its leader Kim Jong-un’s highly anticipated speech at its largest military parade.North Korea displays the KN-08 intercontinental ballistic missiles and its latest weaponry during a massive military parade in Pyongyang marking the 70th founding anniversary of the ruling Workers’ Party on Saturday. YonhapKim repeated his routine rhetoric against the
North KoreaOct. 11, 2015
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N. Korea unveils new, upgraded weapons
North Korea unveiled a set of new and upgraded weapons systems including an intercontinental ballistic missile during its largest military parade to mark the 70th anniversary of the founding of its ruling Workers’ Party on Saturday.Among the notable weapons was the apparently upgraded ICBM, called “KN-08,” which is presumed to be able to travel some 12,000 km ― far enough to strike the U.S. mainland. The missile was first revealed during a parade to mark the centennial birthday of the North’s la
North KoreaOct. 11, 2015
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Ruling camp revs up move on state history textbook
The government and the ruling Saenuri Party are accelerating moves to introduce state history textbooks for secondary education despite burgeoning opposition from academics, teachers and progressive voters.The Saenuri Party held a discussion with Deputy Prime Minister and Minister of Education Hwang Woo-yea on Sunday afternoon and mapped out plans of unifying the history textbook publication under the government’s direct watch. Earlier this month, the party also launched a special committee aime
NationalOct. 11, 2015
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[Editorial] Kim Jong-un’s sincerity
North Korea put up its largest ever military parade on Saturday to mark the 70th anniversary of the ruling Workers’ Party. The country’s young leader Kim Jong-un boasted in a rare live speech that he was ready to fight any kind of war the U.S. might launch. Yet, noticeably absent from the speech was North Korea’s mantra of “simultaneously pursuing nuclear weapons and economic development.” Also absent was the test firing of a long-range missile that North Korea threatened recently. Experts had p
EditorialOct. 11, 2015
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[Editorial] Smelly ginkgo problem
Nothing says “autumn” more beautifully and, unfortunately, pungently than the ginkgo trees that line the streets of Seoul and elsewhere around the country. On many Seoul pedestrian pavements, one can easily see fallen ginkgo berries that have been stepped on. The odor of fallen ginkgo berries, which is often likened to the smell of vomit, is caused by butyric acid released from the rotting berries. The squashed ginkgo berries on the pavements are an eyesore as well, as they quickly dirty the sid
EditorialOct. 11, 2015
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[Ram Garikipati] Take gov’t projections with truckloads of salt
A recent media statement issued by the Seoul Metropolitan Government that got wide coverage had me in splits. According to the note that was issued to mark the 10th anniversary of the Cheonggyecheon Stream Restoration Project -- which removed an elevated freeway and transformed it into a lush walkway through the heart of Seoul -- which was faithfully picked up by all of local media without any question, 190 million tourists annually visit the landmark. “Some 190 million Koreans and tourists are
ViewpointsOct. 11, 2015
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[Herald Interview] Wildland fire conference opens forum to youth
The sixth International Wildland Fire Conference, which opens Monday in Pyeongchang, Gangwon Province, will launch a youth program for university students to present their thesis, said the director general of the International Affairs Bureau at the Korea Forest Service.“We set up a thesis presentation platform to encourage undergraduates and graduate students studying fire to attend the conference, as well as present their thesis on fire-related legacies, local communities and a combined strateg
IndustryOct. 11, 2015
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[Peter Singer] Volkswagen, the future of honesty
If you used the term “business ethics” in the 1970s, when the field was just starting to develop, a common response was: “Isn’t that an oxymoron?” That quip would often be followed by a recitation of Milton Friedman’s famous dictum that corporate executives’ only social responsibility is to make as much money for shareholders as is legally possible. Over the next 40 years, however, businesspeople stopped quoting Friedman and began to talk of their responsibilities to their companies’ stakeholde
ViewpointsOct. 11, 2015
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Sales to Chinese soar 30% at Korean department stores
Korean retailers’ sales grew at a fast rate thanks to Chinese tourists who opened their wallet while visiting the country on China’s National Day holidays, data showed on Sunday.According to the data, sales to Chinese customers of Korea’s major department stores including Lotte, Shinsegae and Hyundai, increased over 30 percent on average during Oct. 1-7 from a year earlier. Luxury brands such as Cartier, Louis Vuitton, Tiffany and Chanel were top-selling stores for Chinese customers at Lotte Dep
BusinessOct. 11, 2015
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Hosting International Wildland Fire Conference
The heart-breaking news came in July 2013, not long after my ministerial inauguration at the Korea Forest Service. Nineteen brave young firefighters died on duty in the outbreak of the wildland conflagration in Arizona in the United States. This was the highest death toll of firefighters in a single fire accident since the 9/11 terrorist attack. Since then, reports of large-scale fires around the world have continued sending shockwaves. As head of the nation’s forest agency, I was astounded by t
IndustryOct. 11, 2015
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Daewoo Shipbuilding may see added W1tr loss
Troubled Daewoo Shipbuilding & Marine Engineering may have an additional 1 trillion won ($860 million) in losses from overseas affiliates, adding more pressure to the shipbuilder that already reported its worst-ever operating loss of 3 trillion won in the second quarter, a recent audit on the firm found. According to industry sources on Sunday, the massive losses were caused by underperforming affiliates abroad including Daewoo Mangalia Heavy Industries in Romania and German wind turbine manufac
BusinessOct. 11, 2015
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U.N. sends special representative to wildland fire forum
Margareta Wahlstrom, special representative of the U.N. secretary-general for disaster risk reduction, is one of key figures to attend the sixth International Wildland Fire Conference.Wahlstrom has extensive experience in disaster relief and disaster risk management with both the U.N. system and the International Federation of Red Cross and Red Crescent Societies.She was first appointed by U.N. Secretary-General Ban Ki-moon in November 2008 to head the United Nations Office for Disaster Risk Red
IndustryOct. 11, 2015
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Wildland Fire Conference kicks off in Pyeongchang
The sixth International Wildland Fire Conference kicks off in Pyeongchang on Monday, drawing thousands of participants to address the global initiative on protecting natural and cultural heritages from fire.Some 3,000 foreign officials and experts in natural disaster, forest and culture from 80 nations, including Margareta Wahlstrom, first special representative of the U.N. secretary-general for disaster risk reduction and the head of UNISDR, will participate in the international wildland fire s
IndustryOct. 11, 2015
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Kakao chairman again embroiled in gambling scandal
Kakao chairman Kim Beom-soo was again dragged into a gambling scandal that has swirled in the market over the past couple of years. This time, Korean prosecutors have reportedly obtained information from the U.S. Department of Justice and the Department of Treasury that Kakao mobile messenger founder Kim had spent 20 hours and 51 minutes at the Bellagio Hotel in Las Vegas in 2007, when he served as NHN global CEO. He betted an average of $2,440 per session and lost $16,993 within the night, loca
IndustryOct. 11, 2015
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Lotte founder vows legal battle against son
Lotte Group general chairman Shin Kyuk-ho on Sunday declared a legal war against his second son and Lotte chairman Shin Dong-bin over the succession of the nation’s retail giant.Lotte Group general chairman Shin Kyuk-hoLotte chairman Shin Dong-binThe senior Shin also showed his intention to transfer the helm of the 90 trillion won-business empire to his eldest son Shin Dong-joo, who was dismissed from all managerial positions of the conglomerate that encompasses Asia and the U.S. after losing th
IndustryOct. 11, 2015
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As lone Korean, Bae Sang-moon falters late before home crowds at Presidents Cup
It wasn't quite the Hollywood ending that he might have envisioned, as Bae Sang-moon, the only South Korean in the field at the Presidents Cup, faltered down the stretch on Sunday with the potential victory for his International Team on the line.The United States defeated Bae and the International Team 15 1/2 to 14 1/2 at Jack Nicklaus Golf Club Korea in Incheon, west of Seoul, getting to the minimum points needed for the victory right on the number.With a dozen singles matches scheduled, the Cu
More SportsOct. 11, 2015
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‘One K Concert’ urges Korean unification
The “One K Concert” was held Friday at World Cup Stadium in Sangam-dong, Seoul, under the slogan “One Dream One Korea.”In spite of the its original intention of aspiring for Korean unification, the concert was actually no different from other K-pop concerts, hardly putting any emphasis on the theme.Mainly hosted by the organizing committee of the New Era Unification Song Campaign, the concert was sponsored by an array of institutions including the Ministry of Unification and Lotte Group.It was d
PerformanceOct. 11, 2015
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U.S. wins ninth Presidents Cup in Korea
The United States won the Presidents Cup for the ninth time Sunday, defeating the International Team 15 1/2 to 14 1/2 after a nail-biting finish on a chilly afternoon by the Yellow Sea.The Americans grabbed six points out of 12 matches at the par-72, 7,380-yard Jack Nicklaus Golf Club Korea in Incheon, just west of Seoul, with five victories and two halves. This was the first Presidents Cup held in Asia.The United States has now won the biennial match play competition nine out of 11 times, with
More SportsOct. 11, 2015
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Busan film fest wraps up star-studded 20th anniversary
South Korea’s largest film festival held its closing ceremony on Saturday with “Mountain Cry” by Larry Yang after a successful presentation of films from all over the world, and particularly Asia.More than 227,000 visitors came to celebrate the Busan International Film Festival’s 20th anniversary and watched 302 movies from 75 countries. The BIFF closing ceremoy takes place at the Busan Cinema Center (Yonhap)The festival also drew hordes of the world’s most recognized stars in the film industry.
FilmOct. 11, 2015