Most Popular
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NewJeans to terminate contract with Ador
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Korean Air gets European nod to become Northeast Asia’s largest airline
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NewJeans terminates contract with Ador, embarks on new journey
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Seoul snowfall now third heaviest on record
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Chaos unfolds as rare November snowstorm grips Korea for 2nd day
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‘VCHA, Katseye and Dear Alice are not K-pop groups,’ industry experts say
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BOK makes surprise 2nd rate cut to boost growth
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Ador claims exclusive contracts with NewJeans still valid
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Japan will pay for failing to honor promises, minister says
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‘Green aurora’ is Seoul's color of 2025
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Park urges Russia to support 6-party talks
South Korean President Park Geun-hye on Monday asked Russian President Vladimir Putin to help revive the long-stalled six-party dialogue on North Korea’s nuclear disarmament.In their summit held on the sidelines of a U.N. climate change forum in Paris, Park stressed the need to curb Pyongyang’s nuclear ambitions with “a sense of urgency” and “determination.” “I am asking for Russia’s active role in making North Korea face reality and have a rethink on its nuclear problem in order to resume meani
Dec. 1, 2015
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Park struggles to promote Northeast Asia Development Bank
In March 2014, President Park Geun-hye unveiled an ambitious plan to build a multilateral bank to develop North Korea and other areas in Northeast Asia, saying it would help bolster inter-Korean exchanges, ease cross-border tensions and lay the groundwork for reunification. Park continued to tout the initiative most recently at the G20 summit last month.President Park Geun-hye speaks during a U.N. climate change forum in Paris, France on Monday. (Yonhap)But the much-trumpeted plan faces a series
Dec. 1, 2015
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Korea, Costa Rica FMs hope for stronger business ties
The foreign ministers of South Korea and Costa Rica expressed hope for stronger business ties between their nations as the Central American country develops its infrastructure, Seoul's Foreign Ministry said Tuesday.Foreign Minister Yun Byung-se and his Costa Rican counterpart, Manuel Gonzalez Sanz, met on the sidelines of a U.N. climate change conference in Paris on Monday to discuss a wide range of bilateral and other issues of mutual interest, the ministry said in a press release.Yun noted the
Dec. 1, 2015
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Korea, U.S., Japan to hold trilateral meeting of nuclear envoys
The chief nuclear envoys of South Korea, the United States and Japan will hold a trilateral meeting in Washington this week to discuss how to deal with North Korea, the State Department said Monday.Amb. Sung Kim, U.S. special representative for North Korea policy, will host Thursday's meeting with his South Korean counterpart, Hwang Joon-kook, and Japanese counterpart Kimihiro Ishikane "to exchange views on a wide range of issues related to the North," the department said in a release.Kim will a
Dec. 1, 2015
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Park seeks to bridge gap on climate deal
Park gets off her plane at the Paris Orly Airport on Monday. YonhapPresident Park Geun-hye on Monday called for stepped-up efforts to bridge the difference between rich and poor countries over a climate change deal, vowing to take an active role in reducing greenhouse gas emissions, and to provide green technologies and finance for developing countries.At an opening of a U.N. conference on climate change held in Paris, Park expressed South Korea’s commitment to its voluntary action plan to tackl
Nov. 30, 2015
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Korea elected as IMO's Category A member for 8th term
South Korea has been elected to serve the Category A group of the International Maritime Organization for the eighth straight term, solidifying the country's status as a global leader in seafaring affairs, the government said Monday.The Ministry of Oceans and Fisheries said the assembly of the United Nations agency, which convened in London late last week, picked South Korea as one of the 10 council members of the Category A group, which are countries with the largest interest in providing inter
Nov. 30, 2015
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Park arrives in France for U.N. climate change conference
President Park Geun-hye arrived in France on Sunday to attend a crucial U.N. conference on climate change, less than a week after she returned from a three-nation swing to attend a series of annual summits with regional leaders.Park is set to deliver a speech at the leaders' event in Paris on Monday and express South Korea's commitment to actively join global efforts to launch a deal on combating climate change.The leaders' event -- the opening of the conference -- is designed to build political
Nov. 30, 2015
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Park to hold talks with Putin on bilateral issues, N. Korea's nukes
President Park Geun-hye plans to meet with her Russian counterpart Vladimir Putin in France in their second summit in two years, Cheong Wa Dae said Monday.The two leaders are expected to discuss a wide range of issues, including bilateral economic cooperation, the situation on the Korean Peninsula and other regional issues, the presidential office said.North Korea's nuclear weapons program is also expected to be high on their agenda.Russia has been involved in the long-stalled six-nation talks a
Nov. 30, 2015
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Indonesia’s tropical getaways await tourists
Indonesia has brushed up its tourism facilities and policies in recent years to attract more visitors to the Southeast Asian archipelago of 13,000 islets. The administration of President Joko “Jokowi” Widodo has streamlined immigration procedures that allow travelers to stay up to 30 days without a visa and knocked down clearance approval for foreign yachts, giving them easy entry through 18 ports. In addition, the cabotage principles were abolished to provide international cruises with wider ac
Nov. 29, 2015
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Turkish film festival entrances audience
In an effort to deepen liberal understanding between Turkey and Korea, art and public agencies of both countries held a film festival last week in Seoul, featuring six representative Turkish movies. The Seoul Turkish Film Festival at Arirang Cine Center from Nov. 25-28 was a collaboration between the municipalities of Beyoglu in Istanbul and Seongbuk-gu in Seoul, the Turkish Cinema and Audiovisual Culture Foundation, the Turkish Prime Ministry and the Turkish embassy. Internationally recognized
Nov. 29, 2015
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‘Malaysia is gateway to integrated ASEAN market’
Malaysia, a burgeoning Southeast Asian economy progressing into global integration, is aiming to attract investment from Korean enterprises exploring overseas advantages. “The Korean companies in Malaysia have continuously reinvested, expanded and diversified their portfolio in information communications technology, automated processing and research and development, and shown confidence in our economy,” Azman Mahmud, head of the Malaysian Investment Development Authority, said in his opening spe
Nov. 29, 2015
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Silicon Valley, Singapore offer innovation for Korean firms
Working in a place like the U.S.’ Silicon Valley, a place synonymous with high-tech entrepreneurship and innovation, is a dream for many Korean workers, who say they feel like slaves in Korean offices. This workplace drudgery has become fodder for popular dramas such as “Misaeng,” which last year on tvN satirized the “incomplete lives” of the country’s salaried men and women.According to a November report by the Bank of Korea, the employment quality of a Korean worker -- measuring stability, sal
Nov. 29, 2015
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Korea, Japanese, Chinese health ministers agree to jointly tackle MERS
Health ministers from South Korea, Japan and China agreed to jointly tackle future Middle East Respiratory Syndrome outbreaks and new diseases that pose common problems for the Northeast Asian countries, the government said Sunday.The Ministry of Health and Welfare said policymakers at the tripartite meeting held in Kyoto issued a joint statement calling for concerted efforts to deal with various threats to public health, universal health coverage, the rapidly aging population and non-communicab
Nov. 29, 2015
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Korea, EEU move to expand trade, investment ties
South Korea and the Eurasian Economic Union are moving to expand trade and investment ties that can open new business opportunities and generate economic growth, the government said Friday.At the meeting between Trade and Industry Minister Yoon Sang-jick and his EEU counterpart, Andrei Slepnev, in Seoul, the two sides inked a memorandum of understanding calling for strengthening cooperation in trade and business investments, as well as more tie-ups in the industrial and energy sectors.In additio
Nov. 27, 2015
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House of ex-lawmaker's aide raided over alleged political funds
Prosecutors said Thursday they have raided the house of an aide to a former ruling party lawmaker, who is suspected of receiving illegal political funds.The Daegu District Court said they will summon Sim Hag-bong, former lawmaker of the ruling Saenuri Party, after analyzing materials confiscated from three places, including the house of Sim's aide.Last month, Sim stepped down from his post after the National Assembly passed a motion to expel him on suspicion of sexually assaulting a woman in her
Nov. 26, 2015
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Two German financial firms ordered to pay for market manipulation
A South Korean district court on Thursday ordered two German financial institutions to compensate for the losses it caused a local bank after it manipulated the South Korean stock market in 2010 in an incident known here as the "Nov. 11 Options Shock."The Seoul Central District Court sided with KB Kookmin Bank in a civil lawsuit filed against Deutsche Bank and Deutsche Securities, demanding that the German financial institutions pay 718.5 million won (US$624,600) to the South Korean bank.Deutsch
Nov. 26, 2015
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U.N. rapporteur calls for accountability over N.K. human rights abuse
The U.N. special rapporteur on North Korea's human rights situation on Thursday called for accountability for the serious human rights abuses in the communist country.Marzuki Darusman made the appeal during his last official visit to South Korea, saying "nothing has changed" in the two years since the U.N. Commission of Inquiry released a landmark report accusing the North of grave crimes against humanity, including keeping political prison camps, abducting foreigners and forcing people to starv
Nov. 26, 2015
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China replaces key party official in charge of ties with N. Korea
China's ruling Communist Party has replaced a key official in charge of political relations with North Korea and other countries, according to Chinese state media reports on Thursday.Wang Jiarui, head of the Chinese Communist Party's international department who held the post for 12 years, stepped down and career diplomat Song Tao was picked as Wang's successor, media reports said. The website of the department also showed that Song became its head. It was not immediately known why Wang was repl
Nov. 26, 2015
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‘Lack of popular mandate Chinese party’s weakness’
This is the seventh installment in a series of interviews with scholars and experts on China as a resurgent Asian power that is changing the regional order. This installment looks into the strengths and weaknesses of the Communist Party of China. -- Ed.The greatest vulnerability facing the Communist Party of China is that it has never been given a popular mandate to rule the nation, China expert Yang Gab-yong said, underscoring the importance of the trust of the Chinese people to keep its govern
Nov. 26, 2015
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Korea, Egypt agree to jointly fight terrorism
The foreign ministers of South Korea and Egypt agreed Tuesday to work together to combat the growing threat of terrorism in the world, the Foreign Ministry said.Foreign Minister Yun Byung-se and his Egyptian counterpart, Sameh Shoukry, held talks on a wide range of issues, including bilateral ties, regional issues and cooperation on the global stage, the ministry said in a press release.Citing the Nov. 13 Paris terrorist attacks, Shoukry said the international community must work together to fig
Nov. 24, 2015
