Most Popular
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IMF lowers Korea's 2025 growth outlook to 2%
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Labor Ministry dismisses Hanni harassment case
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Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
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Now is no time to add pressure on businesses: top executives
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North Korean troops fighting alongside Russia, NIS confirms
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CJ CheilJedang to spur overseas growth with new Hungary, US plants
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Japan to hold 1st memorial for Korean forced labor victims at Sado mine
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[Herald Interview] How Gopizza got big in India
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[KH Explains] Dissecting Hyundai Motor's lobbying in US
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Nearly half of pines at Seoraksan face extinction due to global warming: study
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[Editorial] Growth challenge
South Korea’s economic growth, long a hallmark of its transformation, appears increasingly constrained, a negative development that calls for more decisive policy action from the government. The International Monetary Fund on Wednesday projected that the country could post a modest 2 percent expansion for 2025, a downward revision from the 2.2 percent forecast issued just last month. The IMF’s revised forecast clearly signals diminished expectations, illustrating the mounting structu
EditorialNov. 22, 2024
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[Editorial] Security void feared
The leadership of the main opposition Democratic Party of Korea has said that the party will consider impeaching Minister of National Defense Kim Yong-hyun. A member of its supreme council said in a council meeting on Monday that the Defense Ministry is “amplifying tension with North Korea again by neglecting launches of anti-North Korean leaflets” by South Korean activists, adding that it is “playing with fire to save first lady Kim Keon Hee.” Claiming that the Defense M
EditorialNov. 21, 2024
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[Kim Seong-kon] Farewell to the vanishing John Wayne era
Perhaps young people would not know, but for the older generation, the celebrated Hollywood star John Wayne represented America on the screen. Indeed, in the movies he starred in, John Wayne embodied traditional American values, such as the frontier spirit, true courage and unparalleled magnanimity. In his movies, Wayne was always like a caring, reliable big brother who was ready to help the weak in times of crisis, without expecting rewards, just like America in his time, which was called Uncle
ViewpointsNov. 20, 2024
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[Tyler Cowen] US expat taxes too complicated
President-elect Donald Trump pledged last month to eliminate “the Double Taxation of overseas Americans.” Never mind the clumsy wording -- taxes on US citizens working abroad aren’t excessive so much as excessively complicated -- this is one campaign promise that may actually be fulfilled, given the Republican control of both houses of Congress. That would be a good thing not only for those Americans but also for America. There is in fact a long-standing debate over getting rid
ViewpointsNov. 20, 2024
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[Editorial] Outflow of capital
Two worrying trends are sweeping the financial market in South Korea. First, a growing number of investors are jumping on the feverish cryptocurrency bandwagon. Second, investors tend to increase their holdings of red-hot US stocks rather than putting their money in the lackluster local stock market. The daily trading volume of the country’s top five cryptocurrency exchanges surpassed 20 trillion won ($14.4 billion) last week, outpacing the combined 19 trillion won of the main bourse Kospi
EditorialNov. 20, 2024
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[Helmut K. Anheier] What Germany‘s next government must do
Horrible endings are better than never-ending horrors, or so the German saying goes. Many in Germany probably felt that way earlier this month, as they watched the collapse of the most unpopular government in recent German history, led by the most unpopular chancellor. The fierce political bickering that ensued was not particularly desirable, but it was better than more of the same. Though the collapse of Chancellor Olaf Scholz’s “traffic-light” coalition -- Scholz’s Soci
ViewpointsNov. 19, 2024
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[Peter Singer] A lesson from Trump’s campaign
In the aftermath of Donald Trump’s victory in the US presidential election, The New York Times reported on a clash of views between two Democratic members of the US Congress. “Democrats spend way too much time trying not to offend anyone rather than being brutally honest about the challenges many Americans face,” said Rep. Seth Moulton of Massachusetts. “I have two little girls, I don’t want them getting run over on a playing field by a male or formerly male athlete
ViewpointsNov. 19, 2024
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[Editorial] Absurd trial delay
The Supreme Court’s confirmation of conviction of former lawmaker Yoon Mi-hyang for embezzling donations, is a reminder of a legal maxim that justice delayed is justice denied. Last Thursday the top court confirmed the second-trial judgment that had given her a one-year and six-month jail sentence, suspended for three years, for pocketing money donated to the Korean Council for Justice and Remembrance for the Issues of Military Sexual Slavery by Japan. The final judiciary conclusion came f
EditorialNov. 19, 2024
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[Andrew Yeo] Optimistic view of US-Korea alliance
As the dust settles from the 2024 US elections, many US allies and partners, including South Korea, are wondering what happens next as Donald Trump returns to the White House in January. As with any democratic transition, uncertainty exists as a new leader enters office. But this is not any leader. This is former US President Donald Trump who speaks about dictators in friendly terms, demands up to 20 percent tariff increases from US trading partners and openly criticizes security alliances. US a
ViewpointsNov. 18, 2024
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[Lee Kyong-hee] Kim Min-gi: A tribute to a humble legend
Kim Min-gi never imagined that a song with only eight lines would change his life forever. It was 1970. A freshman art major, Kim loved playing guitar and writing songs between painting. One summer morning, a stroll through a graveyard near his workroom inspired him to compose his short verse. He named it "Morning Dew” (Achim Iseul). Soon, completely unintended consequences overwhelmed him. By the standards of Korean popular music at the time, the song was stunningly innovative. Its p
ViewpointsNov. 18, 2024
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[Robert J. Fouser] Dealing with Trump’s comeback
The results of last week’s US presidential election shocked much of the world. Ahead of the vote, former President Donald Trump and Vice President Kamala Harris appeared tied, but Trump ended up winning by a comfortable margin, both in the popular vote and the Electoral College. Anger over inflation and a desire for change were too much for Harris to overcome in her short campaign. Republicans also took the majority in the Senate and narrowly held their majority in the House of Representat
ViewpointsNov. 15, 2024
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[Editorial] Uncertain outlook
With former US President Donald Trump having prevailed in his bid for a second nonconsecutive term, a host of effects are hitting countries across the globe, and South Korea is no exception. In particular, Seoul’s financial markets are fluctuating amid growing concerns about future shocks linked to Trump’s trade policies. The main bourse Kospi tumbled below the 2,500 level to close at 2,482.57 on Tuesday, down 1.94 percent from the previous day. Investors also worried about the weake
EditorialNov. 15, 2024
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[James Zarsadiaz] Asian American vote this year
The United States 2024 election results make clear: The Asian American electorate has shifted further right. The trend portends a new future for this voting bloc that bodes well for the Republican Party. And it has been brewing for years. Asian Americans did back Kamala Harris, who received 54 percent of their vote, according to Edison Research exit polls conducted with a consortium of news organizations. Yet the 39 percent who supported Donald Trump -- despite Harris’ South Asian backgrou
ViewpointsNov. 14, 2024
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[Wang Son-taek] Some lessons from the 2024 US election
It's been a week since the world learned that Donald Trump would return to the White House. For many around the globe, this news brought a wave of shock and concern. His comeback has stirred a mixture of fascination and apprehension, as people brace for potential disruptions and shifts his leadership might bring. Many of us, myself included, made assumptions about this election that didn’t align with reality. Now, as we reflect on the unexpected outcome, it’s time to capture the
ViewpointsNov. 14, 2024
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[Editorial] Ruling in the spotlight
The main opposition Democratic Party of Korea is intensifying its pressure on the nation's courts ahead of their initial rulings on cases involving the party's leader. Decisions on two charges facing Lee Jae-myung -- violating election law and suborning perjury -- will be made tomorrow and Nov. 25, respectively. Lee is accused of violating election law by giving false information to voters in the 2022 presidential election. He claimed ahead of the election that Kim Moon-ki, senior mana
EditorialNov. 14, 2024
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[Mark Gongloff] Trump 2.0 not hopeless for climate
In poll after poll, Americans say they care about climate change. But then again, they also say they care about democracy, women’s rights and other such ideals. And yet for the second time in three elections, they have chosen to give ultimate political power to someone loudly and diametrically opposed to them. For the climate, the best we can hope is that the aftermath of the 2024 election will remain just short of catastrophic. The progress made by President Joe Biden is significant and i
ViewpointsNov. 13, 2024
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[Kim Seong-kon] The world according to Trump
Once again, Americans have elected Donald Trump as the leader of their country for the next four years. As the New York Times headline said, “his comeback victory signals a different kind of country” and it seems that Americans still want change. The world is now watching the deja vu while pondering the future of America and its allies. Supporters of Trump must be joyous because they believe that Trump will "make America great again” by banning undocumented immigrants,
ViewpointsNov. 13, 2024