Most Popular
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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Seoul blanketed by heaviest Nov. snow, with more expected
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Samsung shakes up management, commits to reviving chip business
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K-pop fandoms wield growing influence over industry decisions
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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Korea's auto industry braces for Trump’s massive tariffs in Mexico
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Seoul's first snowfall could hit hard, warns weather agency
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[James Stavridis] Abe failed to sway Trump on NK
The essence of sumo wrestling is simple: two enormous men struggle to throw each other out of a ring. On Sunday, Donald Trump attended a major sumo tournament in Tokyo with Japanese Prime Minister Shinzo Abe, awkwardly awarding the newly invented “President’s Trophy” to the winner. The metaphor was obvious: Throughout his state visit, Trump was like a sumo wrestler who Abe desperately wanted to move on key policy positions, but the president wasn’t budging. The most impor
May 30, 2019
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[James Gibney] Japan’s path to WWII shows risks of Trump’s Huawei ban
The strategic rivalry between China and the US has incited an outbreak of historical analogies -- Athens versus Sparta, the UK versus Wilhelmine Germany, or the US versus the Soviet Union. But the fracas over the US actions against Huawei Technologies recalls another antecedent: the pre-World War II US pressure campaign against Japan.Once again, the US faces an aggrieved Asian power seeking to claim its place in the geopolitical sun, displace the US from Asia, transcend its economic dependency o
May 30, 2019
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[Kent Harrington] Kim Jong-un’s ‘Moneyball’ strategy
Japanese Prime Minister Shinzo Abe prioritized pomp over policy while hosting US President Donald Trump this week. The one exception was the issue of North Korea, which recently conducted more short-range missile tests off its east coast. Abe is clearly anxious about keeping Japan and the United States on the same page now that Trump’s denuclearization talks with North Korean dictator Kim Jong-un have faltered. But at a joint press conference on Monday, Trump dismissed concerns about the l
May 29, 2019
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[Kim Kyung-ho] A way out of the historical trap
President Moon Jae-in may feel that he has adhered to a principled approach to historical issues with Japan. Nevertheless, he may also be realizing that it has come round to undermine his position on the diplomatic stage of Northeast Asia.If he has an ulterior motive -- if, as critics charge, he intends to use the inflammatory issues to his domestic political advantage -- he stands to pay substantial costs in practical terms.Since he took office two years ago, the bilateral relationship between
May 29, 2019
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[Kim Seong-kon] New world order without the US
In his internationally acclaimed dystopian novel “Nineteen Eighty-four,” George Orwell portrayed the world as divided into three regions: Oceania, Eurasia and Eastasia. According to Orwell, Oceania was composed of the United Kingdom and the United States, and Eurasia, which constituted the rest of Europe and Central Asia, was controlled by the Soviet Union. As for Eastasia, Orwell did not mention a specific country that either represented or ruled the region. Yet, at the time he was
May 28, 2019
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[Lee Jae-min] Korea caught in the middle again
The intensifying US-China confrontation has just taken a new twist. Reportedly, Washington is asking Seoul to join its anti-Huawei alliance. The reason is security concerns posed by the Chinese IT giant. This latest development puts South Korea in a difficult spot again. Korea is confronted with what it dreads most: choosing sides in a decisive manner.It is one thing to worry about the G2 confrontation and its overall economic impact. It is quite another to be forced to choose sides openly and o
May 28, 2019
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[Andrew Sheng] Why are stock markets complacent?
There has been so much bad news lately that the only good news, if you believe it, lies in the stock market. Simply put, despite the trade war and all the political bad news, the US stock markets hover around historical highs. And Asian stock markets are still guided by sentiment in Wall Street.Is that market optimism justified?From its trough on March 9, 2009, to its last peak on April 23, 2019, the S&P500 Index rose 334 percent, so everyone who invested in US stocks has done well. How just
May 27, 2019
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[Karl W. Smith] How this trade war will remake the world
US President Donald Trump has long said the goal of his trade policy is simply to get better deals for Americans. But as the trade war intensifies, it seems increasingly likely that his policies will lead to something more: a lasting break with China and a new alignment of global power. First, consider the evidence for the break. The current impasse in trade talks was sparked by a sudden change in terms on the part of the Chinese negotiators. This change likely caught the administration off g
May 27, 2019
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[J. Bradford DeLong] Robo-apocalypse? Not in your lifetime
Will the imminent “rise of the robots” threaten future human employment? The most thoughtful discussion of that question can be found in MIT economist David H. Autor’s 2015 paper, “Why Are There Still so Many Jobs?” which considers the problem in the context of Polanyi’s Paradox. Given that “we can know more than we can tell,” the 20th-century philosopher Michael Polanyi observed, we shouldn’t assume that technology can replicate the function
May 26, 2019
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[Adam Minter] China’s brightest are the trade war’s latest casualties
It’s college graduation season in China and the timing couldn’t be much worse for the record-breaking 8.34 million students emerging from university this year. A slowing economy, hobbled further by the trade war, has produced the worst Chinese job market since at least 2015. Among the hardest hit will be the aspiring white-collar workers just now throwing off their caps and gowns. Applicants far outnumber jobs in big cities and salary expectations simply aren’t being met.In rec
May 26, 2019
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[David Ignatius] Trump confronts China's tech threat
Huawei’s name is often translated in English as “Chinese excellence.” The Trump administration last week embarked on a campaign to rebrand the tech giant, in effect, as a “Chinese threat” and check its expansion in the West. The Huawei assault may be the Trump administration’s most important long-term strategic decision, because it confronts China’s technological challenge to America head on. The goal is to prevent Huawei from dominating 5G wireless comm
May 23, 2019
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[Kim Myong-sik] Insatiable ‘historians,’ enough is enough
Korea today has an abundant supply of photo artists, poets and historians. New smartphones are equipped with high-definition cameras of 12 to 16 megapixels, which can produce great pictures. But our amateur photographers, many of whom are old, need something different. They go about on city streets, mountains and seashores carrying branded cameras -- the digital version -- with long lenses and even tripods to take thousands of shots of anything within their sight. Poets, of course self-styled, m
May 22, 2019
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[Carl P. Leubsdorf] One constant to Trump’s foreign policy: failure
As a presidential candidate in 2016, Donald Trump promised to pursue an “unpredictable” foreign policy to keep the nation’s enemies off balance. But in recent weeks, his unpredictability seems to be keeping his own administration off balance. Whether the issue is Venezuela, Korea or Iran, his administration has displayed contradictory positions that have created doubt about its true intent, both abroad and at home. They’ve been marked by barely concealed public dissen
May 22, 2019
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[Kwon Deok-cheol] A health care win-win for S. Korea, Kuwait
This year marks the 40th anniversary of diplomatic ties between South Korea and Kuwait. In celebration of the occasion, I visited Kuwait along with Prime Minister Lee Nak-yon to further strengthen bilateral relations in early May. I serve as the vice minister in charge of national medical and health system and public health in Korea. In that regard, I believe the visit led to specifying cooperative measures with Kuwait whose health care demand is on the rise. Kuwait, located in the northe
May 21, 2019
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[Robert J. Fouser] Changes in “street economy”
When I visited South Korea in the spring of 2018, everybody was talking about the breakthrough with North Korea. A year later, everybody is talking about the economy. Small business owners, in particular, are worried about sluggish consumption and rising costs. People in large firms worry about job security and retirement. Most people believe that South Korea has fallen into a Japanese-style slump that will be difficult to overcome. Since the Korean economy began to grow in 1960s, citizens have
May 21, 2019
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[Kim Seong-kon] Korea and karaoke rooms
Traditionally, Koreans are known to enjoy singing and dancing tremendously. Perhaps singing and dancing was our ancestors’ daily ritual and thus runs in our blood.Watching K-pop singers dazzle on the stage, it seems Koreans’ superb performance skills are part of our DNA. Indeed, when it comes to singing and dancing, Koreans seem invincible. It is no wonder that the K-pop vocal group BTS is enchanting the world with their charming voices and stunning choreography. Foreigners say that drinking is
May 21, 2019
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[Adam Minter] China’s trade warriors can’t hit Hollywood
China may want to stand tough against Donald Trump’s trade threats. It’s going to have a hard time retaliating, though, and not only because it doesn’t import enough goods to match the US president tariff-for-tariff.One obvious target would be the $58.9 billion in services the US exports to China. These include everything from Hollywood blockbusters to tourism and education. In theory, Beijing could easily enough cut off the flow of American entertainment into China and Chinese students and tour
May 20, 2019
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[Doyle McManus] Strategy? It’s foreign to Trump
Donald Trump once thought foreign policy would be easy.“We would win if we would just sit down and negotiate -- but using our best people,” he wrote as a private citizen in 2008. “We have all the cards.”So as president he named himself negotiator-in-chief and tried to cajole North Korea’s Kim Jong-un to abandon nuclear weapons. He re-imposed tough economic sanctions on Iran, betting he could force the ayatollahs to change their ways. He vowed to force China, Canada, Mexico and the European Union
May 20, 2019
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[David Ignatius] What’s Trump’s plan for Iran?
In any tense military confrontation, diplomats start looking for an “off ramp” that could de-escalate tensions. But in the current standoff between the United States and Iran, it’s hard to find any such exit route. The US-Iran faceoff is one of those odd situations where both players appear eager to set off sparks, although neither seems to want a raging fire. They seem comfortable in a halfway zone of conflict, where nations use force in deniable ways across different domains, hoping they don’t
May 19, 2019
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[Slawomir Sierakowski] Can Donald Tusk go home again?
Donald Tusk’s term as president of the European Council will end Nov. 30, which is perfect timing for the Polish opposition. After the parliamentary election in late October, Poland will hold its presidential election in April 2020, and opposition voters already see Tusk as the only viable candidate. For the past year, Tusk has been dropping hints that he intends to return to Polish politics. “No one expects that after the conclusion of my term I will just be watching politics on
May 19, 2019