Most Popular
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Ex-presidential official’s leaked phone call rattles conservative bloc
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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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35% of S. Koreans view unification 'unnecessary'
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Man escapes DUI charges by downing bottle of soju while pulled over
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Prosecution closes 'Dior bag' case amid opposition uproar
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Pianist Lim Yunchan double winner at Gramophone Awards
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Court confirms sentence for rapper who attempted to evade national service
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[Reporter’s Notebook] Was Netflix film opening BIFF really a bad thing?
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N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
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[Photo news] Robert Walters anniversary
ROBERT WALTERS ANNIVERSARY -- Robert Walters Group CEO Robert Walters (right) attends a ceremony to celebrate the fifth anniversary of its Korea office in Seoul last week. Around 170 people attended the party in which Korean branch manager Duncan Harrison (left) gave a speech. Robert Walters Korea
IndustrySept. 22, 2015
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Lee Min-ho, Suzy deny breakup
Hallyu power couple Lee Min-ho and Suzy on Tuesday denied reports that they were no longer together. “They are still dating,” their respective management agencies said. Lee Min-ho (left) and Suzy (OSEN)Earlier on Tuesday, a local news outlet broke the news that the two recently parted ways, ending their six-month relationship. The reason given for the split was their busy schedule, said the daily, citing the acquaintances of the two.Lee, 27, and Suzy, 20, confirmed their romantic relationship
Sept. 22, 2015
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PyeongChang breaks ground on athletes' village for 2018 Winter Olympics
PyeongChang, the South Korean host of the 2018 Winter Olympics, announced Tuesday it has broken ground on the athletes' village for the quadrennial competition. The ceremony to launch the construction of the 2018 Olympic Village was attended by Cho Yang-ho, president of PyeongChang's organizing committee, and Gunilla Lindberg, head of the International Olympic Committee's Coordination Commission for PyeongChang. (Yonhap)Lindberg is leading the commission on a three-day inspection visit to Pye
Olympic GamesSept. 22, 2015
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More sanctions possible on N. Korea: S. Korean envoy
North Korea may face U.N.-led restrictions even on its ordinary trade if it goes ahead with a long-range rocket launch or another nuclear test, South Korea's ambassador to the U.N. said Tuesday. Ambassador Oh Joon said there are more sanctions that can be imposed on the North, although it's already under a wide web of punitive measures for its previous provocations. "For example, ordinary trade is not the subject of sanctions. But it could be affected if sanctions widen," he said in a phone i
North KoreaSept. 22, 2015
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Opposition lawmaker defects to create new party
A veteran lawmaker announced his defection from the main opposition party Tuesday to create a new party ahead of general elections in April. "I will take a step to re-organize the opposition and build a new political force," Rep. Park Joo-sun said at a press conference at the National Assembly. Rep. Park Joo-sun (Yonhap)The three-term lawmaker criticized the leadership of the New Politics Alliance for Democracy amid months of internal factional strife and calls for the resignation of Chairma
PoliticsSept. 22, 2015
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S. Korea to host Black Friday sales event in early Oct.
South Korea will host its own Black Friday super sales festival in early October to stimulate domestic spending critical for generating economic growth, the government said Tuesday. Asia's fourth-largest economy has been hit hard by sagging exports and still weak consumer spending. Outbound shipments fell 14.9 percent on-year in August and 6.3 percent for the first eight months of this year. By promoting spending, the country can make up for falling exports and generate much-needed growth. The
IndustrySept. 22, 2015
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S. Korea to invest 420 bln won in smart device industry
South Korea will invest 420 billion won ($357 million) to foster the so-called smart device industry over the next four years amid slowing growth in the traditional smartphones and PC industries around the globe, the government said Tuesday. The Ministry of Science, ICT, and Future Planning said it is shifting focus as the country's traditional tech industries have been slowing down throughout 2015. This raises the need to find new growth engines in other areas such as wearables and Internet-of
IndustrySept. 22, 2015
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HalaTrip, Jejudo release travel guide for Muslims
HalaTrip.com, an online travel platform operated by Singapore-based Crescentrating, said together with the Jeju Tourism Association, it has published a 12-page travel guide on Jejudo Island for Muslim travelers.Titled “Experience Jeju Island, A Traveler’s Haven,” the guide, which is available in English and can be downloaded from HalaTrip.com, introduces the island’s landscapes, culture and activities.It also shows Muslim travelers the best places to visit, shop, dine and pray on the Korean Isla
TravelSept. 22, 2015
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Shinsegae joins race for duty-free shop in Seoul
Shinsegae Co., a leading South Korean retail conglomerate, said Tuesday it will bid for a new duty-free store in downtown Seoul and relocate the current shop in the southern port city of Busan to defend the license set to expire this year. Shinsegae said it will apply for the highly competitive bid as three duty-free operating licenses are set to expire within the year. The deadline is set for Friday and the Korea Customs Service will announce the result in November. (Yonhap)Currently, Lotte
IndustrySept. 22, 2015
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Navy faces compensation claim over delayed naval base project
The Navy is facing a compensation claim worth more than 23 billion won ($19.5 million) from a construction firm after severe protests delayed a project to build a naval base on Jeju Island, a parliamentary report showed Tuesday. Daelim Engineering & Construction Co., a contractor on the project, has filed a lawsuit, demanding that the Navy pay 23.1 billion won for the loss caused by protesters, the parliamentary report by Rep. Chung Mi-kyung of the ruling Saenuri Party showed. The indemnity c
DefenseSept. 22, 2015
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S. Korea says nothing decided over timing of high-level talks with N.K.
South Korea said Tuesday nothing has been decided over whether the South and North Korea would hold high-level talks before the North's key national anniversary in early October. South and North Korea reached a landmark deal on Aug. 25 to ease military tension and hold high-level talks as soon as possible. But the North is threatening to make missile and nuclear provocations as it prepares for the 70th anniversary of the founding of the ruling Workers' Party on Oct. 10. A local media company r
North KoreaSept. 22, 2015
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S. Korean firms' Q2 profitability gains despite weaker sales
Sales of large South Korean companies plunged nearly 6 percent on-year in the second quarter of this year amid a continued downturn in exports, central bank data showed Tuesday. Sales of large companies dropped 5.7 percent in the April-June period from a year earlier, while those of domestically-focused small and medium enterprise gained 2 percent, according to the quarterly data by the Bank of Korea. Overall corporate sales dropped 4.3 percent in the three-month period. The drop in large fi
IndustrySept. 22, 2015
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Hyundai Motor to complete payment for controversial property deal this week
Hyundai Motor Group, the world's fifth-largest auto giant, will complete its controversial property purchase this week by making the final payment for the site where it plans to build its new headquarters, industry sources said Tuesday. In September last year, the parent group of Hyundai Motor Co. and Kia Motors Corp. purchased the 79,345-square-meter plot that previously housed the headquarters of state-run Korea Electric Power Corp. in Seoul's wealthy Gangnam district for around 10.55 trillio
IndustrySept. 22, 2015
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Major biz groups expand employment plan
Major business groups have expanded their employment plan for this year despite economic uncertainties as part of efforts to join the government-led drive to tackle the high youth unemployment, a report showed Tuesday. South Korea's 13 largest conglomerates by assets plan to hire 103,000 people this year, 10 percent up from an earlier plan, according to the data compiled by the Federation of Korean Industries. Seven groups, including Samsung and SK, decided to increase the number of new emplo
IndustrySept. 22, 2015
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More professors oppose gov't plan to standardize history textbooks
Another group of professors urged the government to stop its plan to standardize history textbooks Monday, saying it goes against the democratic values and creative education. The call came in a statement released by 132 professors from Yonsei University opposing the plan being pushed by the government to change the system. The government has raised the need to forge a common understanding of history in a country where many people are deeply divided along political, regional and ideological fau
Social AffairsSept. 22, 2015
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Japanese banker under investigation for suspected sexual harassment of co-worker
Prosecutors said Tuesday they are investigating a Japanese man working at a South Korean branch of a major Japanese commercial bank on suspicions of inappropriately touching his South Korean co-worker. The Seoul Western District Prosecutor's Office said the 33-year-old defendant, while drunk, allegedly sexually harassed his female colleague as they headed to their homes after dining with other co-workers in April. The victim claimed that injury charges should be added as she was troubled by t
Social AffairsSept. 22, 2015
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ADB cuts S. Korea's 2015 growth forecast to 2.7 pct
The Asian Development Bank has slashed its forecast for South Korea's 2015 economic growth to 2.7 percent from 3.5 percent, citing an economic slowdown in China. The revised forecast, published on Tuesday, is lower than a 2.8 percent forecast set in July by South Korea's central bank. The ADB also cut its forecast for China's economic growth this year to 6.8 percent from 7.2 percent. South Korea's economy is reeling from sluggish exports, pressured by a slowing economy in China, and weaker d
Sept. 22, 2015
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S. Korea says Ugandan minister covered by insurance before death
A Ugandan minister who died on his way home from an official visit to South Korea was covered by health insurance during his stay here, officials said Tuesday, refuting claims he could not receive proper medical attention. Gen. Aronda Nyakairima, Uganda's interior minister and former army chief of staff, died Sept. 12 on a plane from South Korea to Dubai en route to Uganda. He was 56. The minister visited South Korea from Sept. 8-11 at the invitation of the Korea Foundation. Following a postmo
InternationalSept. 22, 2015
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S. Korea, EU agree to ease financial volatility
South Korea and the European Union have concurred on the need to work together to ease financial volatility that could impede the global economic recovery, the government said Tuesday. The finance ministry said the understanding was reached at the fifth Korea-EU Economic Dialogue session in Sejong City on Monday, where the two sides touched on macroeconomic developments, structural reforms, issues related to the Group of Twenty and investment promotion. "South Korea stressed the importance of
Sept. 22, 2015
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S. Koreans spend 2.5 hours on smartphone apps every day
South Koreans spend more than two hours using smartphone applications every day on average, a study showed Tuesday, with teenagers being the most app-dependent generation among the age groups surveyed. The survey taken by Cheil Worldwide Inc., an advertisement arm of Samsung Group, showed that the average South Korean spends 2 hours and 23 minutes using smartphone apps on a daily basis. The study was based on 4,442 users logging on to 70,000 different apps over the August-September period. Te
CultureSept. 22, 2015