Most Popular
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Slew of top K-pop stars ready to return from military
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S. Korea, US clinch 2026-30 defense cost-sharing deal in pre-election push
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N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
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Controversial cult leader’s sentence reduced to 17 years
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Military aircraft evacuating S. Koreans in Lebanon returns home
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Concerns raised over chronic labor shortage at state-run center for digital sex crime victims
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BTS-themed moon jar to be unveiled on Hangeul Day
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Samsung, Hyundai chiefs to accompany Yoon on Singapore trip
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1,430 minors investigated for drug offenses from 2018 to 2023: police
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[Robert Fouser] Why the US election looks so close
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Visitors to 1,600 Pandas+ World Tour event surpass 3 million
The number of visitors to see the “1,600 Pandas+ World Tour” event in southeastern Seoul surpassed 3 million people Tuesday, according to organizers.Launched May 23 in Korea, the 1,600 Pandas+ Flash Mobs toured 15 scenic spots in seven cities: Seoul, Incheon, Busan, Suwon, Daejeon, Daegu and Gwangju. The event organized by the Korean chapter of World Wide Fund for Nature is currently taking place around Seokchon Lake and in the gardens of Lotte World Mall in southeastern Seoul, in cooperation wi
IndustryJuly 29, 2015
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Scud missiles fired into Saudi Arabia from Yemen traced to N.Korea: official
Scud missiles fired into Saudi Arabia by Yemeni rebels in recent months came from North Korea, a South Korean intelligence official said Wednesday, in the latest case that illustrated North Korea's support for the weapons programs of some countries in the Middle East.Saudi Arabia has shot down about 40 percent of some 20 Scud missiles fired by Yemen's Houthi rebels, said the official, who is familiar with the issue.He did not give further details on how South Korea reached the conclusion that th
DefenseJuly 29, 2015
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Faulty K-11 rifle line to get major upgrade by end-2016
South Korea will complete a major upgrade on the home-grown dual-barrel K-11 rifle by the end of 2016, the head of the state defense development agency said Wednesday, after the use of the Army assault rifle was suspended last year due to a glitch in the shooting control system."(We) are pushing to improve the K-11 dual-barrel rifle by a large scale before the end of next year in order to turn what has become an ugly duckling into a swan in the shortest time possible,"Jung Hong-yong, president o
DefenseJuly 29, 2015
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Afghanistan examining claim Taliban leader Mullah Omar died
KABUL, Afghanistan (AP) -- An Afghan official said Wednesday his government is examining claims that reclusive Taliban leader Mullah Omar is dead. The Taliban could not be immediately reached on the government's comments about Omar, who has been declared dead many times before. Omar, the one-eyed, secretive head of the Taliban and an al-Qaida ally, led a bloody insurgency against U.S.-led forces after they toppled him from his rule in Afghanistan in 2001. Zafar Hashemi, a deputy spokesman for Af
World NewsJuly 29, 2015
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Sex slavery victims file suit against Japan in U.S.
Two South Korean victims of Japan’s wartime sex slavery Tuesday filed a defamation suit against the Japanese government and companies with a U.S. court, demanding an apology and compensation for insulting them by labeling them prostitutes.The victims, including Yoo Hee-nam, 87, lodged a civil suit at a federal court in San Francisco against the Japanese government, the late Japanese Emperor Hirohito, former Japanese Prime Minister Nobusuke Kishi and seven Japanese companies, including Mitsui and
Foreign AffairsJuly 29, 2015
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[Start-up Seoul] Krowdpop gives crowdfunding power to hallyu fans
KPOP UNITED CEO Richard Choo is glad to see that it’s finally cool to be Korean in the world.Hallyu hits like Psy, Big Bang, Girls’ Generation and Wonder Girls, paired with the stylish haute couture image being exported, have put Korea on the “relevancy map,” and there is a high global demand for the country’s cultural contents, he said.But with the industry so new on the global scene and fans hailing from such disparate ends from Turkey and Brazil to Indonesia and Ivory Coast, promoters and eve
TechnologyJuly 29, 2015
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[Kim Ji-hyun] The things that matter to us
Life. Be in it. That’s a slogan I remember from my childhood in the U.S. I heard it in a commercial and for some reason, it stuck. It’s such a simple phrase, but so hard to live by. We were all raised with certain values that govern our lives. Most of the time, these values hold society together. So whether the individual is happy or not, or if there are other things that may make his or her life more fulfilling is many times not a real priority. However, have you asked yourself how much of an
ViewpointsJuly 29, 2015
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[Editorial] Never again
It certainly feels good to hear the government announcing that Korea is free from the Middle East respiratory syndrome outbreak that had kept the whole nation fretting for two months. Needless to say, it would have been better had authorities dealt with the contagious disease promptly in its initial stage, but it still is fortunate that we could stop the deadly virus after minimizing its impact. The nation lost so much in its fight with the outbreak. A total of 186 people were hit by the disease
EditorialJuly 29, 2015
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[Editorial] More lawmakers?
The main opposition party’s proposal to increase the number of lawmakers has come under strong public criticism. It deserves scolding for, among other things, ignoring the prevailing public belief that the National Assembly is not doing its job well. The proposal, made by the New Politics Alliance for Democracy’s self-reform committee, suggested that the parliament have seats for 369 lawmakers, including 123 to be elected under the proportional representation system. The current comparable figur
Latest NewsJuly 29, 2015
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[Newsmaker]Lotte founder descends after 67 years at helm
On Tuesday night, Lotte founder and general chairman Shin Kyuk-ho appeared at the Gimpo International Airport from his trip to Japan. On a wheelchair, he looked tired and dim, refusing to answer any media questions. It was a long day for Shin, who was sacked as chairman of the board of Lotte Holdings in Japan -- the de facto control tower of both Lotte in Japan and Korea -- and thus had to step down from the helm of the 90 trillion won-business empire. Lotte said he will be posted as an honorary
IndustryJuly 29, 2015
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Insurers seek to expand to banking services
Amid low interest rate margins, banks are increasingly moving toward a complex financial store system, incorporating additional functions such as securities and insurance, starting from August.To consumers, this means a convenient one-stop channel to arrange their financial issues. But to nonbanking operators, it may result in an infringement on their conventional business fields by large-sized banking groups. To counter the handicap, insurers are now seeking to provide banking services.Insurers
July 29, 2015
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Shipbuilding ‘Big 3’ post massive Q2 losses
The continuing slowdown in the shipbuilding industry dealt massive losses for Korean shipyards pushing shipyard into the red, industry data showed Wednesday. The country’s top three shipbuilders -- Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering -- all posted large losses in the second quarter, weighed down mainly by the lackluster offshore plant businesses.Of the three, DSME posted the largest operating loss that clocked in at a record high of 3.0
IndustryJuly 29, 2015
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SK Innovation pins high hopes on car battery business
SEOSAN, South Chungcheong Province -- SK Innovation, the energy holding unit of SK Group, is accelerating its drive to expand its electric automobile battery business by kicking its lithium-ion battery production into full gear. The Korean firm’s newly-expanded battery plant in Seosan, South Chungcheong Province, has more than doubled its annual production capacity from 300 to 700 megawatt-hours -- sufficient to power around 30,000 electric vehicles, the company said.Since the factory first open
IndustryJuly 29, 2015
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Seoul to launch high-end taxi hailer
Seoul city announced Wednesday the launch of a premium taxi-hailing service in October as a pilot measure toward legalizing such a service and as an alternative to popular yet illegal reserved cab services such as Uber. The Seoul Metropolitan Government said it would put 30 taxis into a trial operation in partnership with HIGH&, a taxi operator jointly invested in by the municipality and Seoul Taxi Association. Some 50 drivers will be recruited through HIGH& to drive the selected cabs. The vehi
Social AffairsJuly 29, 2015
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Second son, winner of Lotte power game?
Lotte Group chairman Shin Dong-bin has apparently gained full control of the companies in both Korea and Japan on Tuesday, but it may be too early to pop the champagne as the ousted father and group founder Shin Kyuk-ho emerges as a deal breaker of the son’s hopeful reign of the business empire. Chairman Shin and his followers successfully repressed the uprising by his older brother in Japan to oust him with the help of the nonagenarian father early this week. But the wealth of the father, who h
IndustryJuly 29, 2015
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Court denies asylum for Pakistan couple
From news reportsThe South Korean government and court Wednesday denied refugee status for a Pakistani couple who had sought asylum, citing death risks for marrying despite their different tribal backgrounds.The Seoul High Court said the Seoul authorities’ denial of the couple’s request for refuge was legitimate as their issue did not involve matters of race, religion, ethnicity or political beliefs.The couple, whose identity has remained withheld, filed for cancellation of the decision by the S
Social AffairsJuly 29, 2015
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[tech column] Winning formula for globalization: Great technology and great people
The world keeps getting smaller.In Europe and America, consumers have long been accustomed to seeing manufacturing labels of Asian countries on a broad range of consumer goods. Now, when Europeans travel across to Asia Pacific and walk into high-end supermarkets in cities across the region, they can find an extensive selection of European wines that they recognize, along with the finest French champagnes. And on the streets of those cities they see premium autos from Europe and America. In fact
TechnologyJuly 29, 2015
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Daelim Industrial opens sales of Yangju apartments
Daelim Industrial Co. officials said it would open sales in August of its e-Pyeonhansesang apartments in Yangju, a new city in northern Gyeonggi Province.A total of 761 homes in its eight apartment buildings in Okjeong-dong, Yangju, will be available. E-Pyeonhansesang (comfort world) is the builder’s apartment brand well known to domestic consumers.Yangju is one of the largest new cities in Gyeonggi Province and is expected to be an alternative residential place for several areas in northern Seo
IndustryJuly 29, 2015
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Koreans embrace mobile preordering
Smartphones have changed people’s lifestyles. Users rely on mobile map applications instead of paper maps, communicate with friends on social media and hail taxis with their smartphones.Another notable change is currently taking place in the retail sector, too. People no longer need to lineup at coffee shops, restaurants or bakeries to be served, thanks to mobile ordering apps. They just go in and grab what they preordered through the mobile apps.At the forefront of the mobile ordering app indus
TechnologyJuly 29, 2015
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Smart card firm launches payment platform
South Korean’s leading smart card solutions developer KONA I has rolled out a new online and offline payment platform, called KONA PAY, which will enable cardholders to make payments in a more secure manner.Since there are no payment means that meet global standards -- especially EMV-- in Korea, domestic banks and credit card companies need to tie up with global credit card network operators including VISA and MasterCard to issue cards that can be used both at home and abroad.Such a deal with th
TechnologyJuly 29, 2015