Most Popular
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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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NewJeans to terminate contract with Ador
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Seoul snowfall now third heaviest on record
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Samsung shakes up management, commits to reviving chip business
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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How $70 funeral wreaths became symbol of protest in S. Korea
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Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
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Why cynical, 'memeified' makeovers of kids' characters are so appealing
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BOK makes surprise 2nd rate cut to boost growth
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[Christie Watson] Care is in short supply. Ask nurses
Betty was lying on a gurney in a hospital corridor. She was elderly, frail and shivering with cold. More than that, she was frightened and completely alone. I took her temperature -- a low temperature being a sign of sepsis in the elderly -- but it wasn’t extreme. She’d been admitted with chest pain and she clutched her chest, starfishing her hand. Betty’s heart wasn’t diseased but it was broken nonetheless: Her husband had died a few weeks earlier of a heart attack. I suspect she hadn’t been ea
May 30, 2018
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[Tim Culpan] Beijing’s Foxconn embrace has tinge of desperation
Just look at that list of investors in Foxconn Industrial Internet’s IPO. It was obvious that Baidu, Alibaba Group Holding and Tencent Holdings would take minor stakes in the Foxconn Technology Group affiliate’s blockbuster Shanghai listing. Those three are in the bottom tier of cornerstone buyers anyway. Leading the lineup is the Shanghai State Development & Investment, which is subscribing for 73 million shares, or 3.7 percent of those expected to be sold. Central Huijin Investment, China Rail
May 30, 2018
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[Albert Hunt] Trump’s Korea blunder worse than it looks
US President Donald Trump thinks he’s a great negotiator, a brilliant bluffer whose gut instincts are so stellar that ignorance of history and refusal to deal with substantive complexities are irrelevant. That’s why he bragged he’d win the Nobel Peace Prize for his genius in getting North Korea to give up its nuclear weapons. Except, of course, it didn’t. It’s good his Singapore summit with Kim Jong-un was canceled. The larger picture in this and other major issues is how the American president
May 29, 2018
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[Letter to the editor] Diplomacy not about winning
The 1987 summit between West-German Chancellor Helmut Kohl and East-German leader Erich Honecker in Bonn was criticized as a “victory for Honecker” by conservative West-German media. Honecker had been invited years before by the previous West-German government, and Kohl had renewed the invitation. Honecker had long wanted to accept, but couldn’t get permission from Moscow. Though the GDR-government was increasingly more closed and inflexible in political and ideological terms than their Soviet o
May 29, 2018
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[Kim Seong-kon] Farewell Philip Roth, goodbye Columbus
Recently, I was invited by the Ohio State University to give a talk. I flew to Columbus, Ohio where I was greeted by a group of eminent professors, including Mark Bender, Naomi Fukumori, Chan Park, Pilho Kim and Danielle Pyun, whose warm hospitality made my sojourn so comfortable. There, I was very much impressed with OSU students who listened to me attentively for an hour and fifteen minutes. Unlike Korean students, no one was texting or updating their Facebook accounts during my talk. They wer
May 29, 2018
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[Daniel Moss] Trade was one of Trump’s targets, but he held fire
Check your calendars. It‘s starting to feel like Jan. 19, 2017. For all Donald Trump’s bluster on trade, global commerce today doesn‘t look dramatically different from the day before he was sworn in. US prestige has certainly taken a beating, but Trump hasn’t dismantled the international trading system. That talk of de-globalization looks overblown. Although it‘s hard to keep track of who’s up and who‘s down on Team Trump, it’s tough to say that over the past 16 months hardliners like Peter Nava
May 29, 2018
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[Lee Jae-min] New EU rules to protect personal data
Since about a week ago, a new batch of emails have started to fill my inbox. The senders are various entities -- publishing companies, journals, academic organizations, law firms, and even airlines -- in Europe and in Korea.These emails ask for my consent to store and process my personal information such as contact details, dues payment, membership record, and the like. The senders all refer to the new regulation of the European Union called the General Data Protection Regulation that entered in
May 29, 2018
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[Federica Mogherini] Europe and Asia -- together for a more secure world
Europe and Asia have never been so close. Our economies are interconnected; our cultures are interconnected; and our security is connected: we face the same challenges, we confront similar threats, and we share an interest in preserving peace in our regions and international cooperation on a global scale. Today, the foreign ministers of the European Union’s 28 member states have decided that we must enhance our security engagement in Asia and with Asia, as part of a more comprehensive EU-Asia st
May 29, 2018
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[Michael Schuman] Trump is making trade less fair
From the beginning of Donald Trump’s presidential campaign, he has said he wants to make trade “fair.” For too long, he argued, American companies and workers suffered as trading partners used tactics that stole jobs, damaged US industry and widened deficits. The implication was that he’d work to strip away the remaining tariffs and other hurdles that tilted the playing field. Now we’ve seen Trump’s policy in action, it turns out he’s doing the opposite. There’s hypocrisy at the core of his admi
May 28, 2018
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[Leonid Bershidsky] Putin’s anti-Trump support group fails to jell
On Friday, President Vladimir Putin assembled the most impressive panel ever seen at the St. Petersburg Economic Forum, which he’s used as a showcase for Russia and himself since 2006. He had a nonattendee to thank for the full house, Donald Trump. Usually, one or two foreign leaders attend the forum to act as foils for Putin, who delivers a keynote address, pitching Russia as an investment destination. This year, however, Putin shared the stage with President Emmanuel Macron of France, Prime Mi
May 28, 2018
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[Jeffrey Frankel] An economic platform for US Democrats
When American voters head to the polls for congressional midterm elections in November, their choices seem likely to be guided more by “pocketbook issues” than by foreign affairs or President Donald Trump’s scandals. If the Democrats hope to retake control of the House of Representatives, they will need a platform that addresses voters’ economic concerns -- particularly the concerns of many voters who elected Trump in the first place.The conventional wisdom still stands: underlying Trump’s elect
May 28, 2018
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[Benjamin Reiss] Sleeping in public is taboo -- unless you’re young, white and privileged
When Yale graduate student Lolade Siyonbola dozed off in a common room of her dormitory during a late-night paper-writing session, she had no idea what her nap would lead to. Another student, perhaps assuming that Siyonbola was an intruder or disturbed at the sight of a black person sleeping in plain view (or both), turned on the lights and told her, “You’re not supposed to be sleeping here. I’m going to call the police.” When the police came, they subjected Siyonbola to an excruciating 17-minut
May 28, 2018
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[Sławomir Sierakowski] Will defunding Hungary and Poland backfire?
Discussions surrounding the European Union’s 2021-2027 budget are intensifying, owing to many European policymakers’ insistence that regional development funds be disbursed only to member states that are in compliance with EU rules. Under the Copenhagen Criteria, all member states are required to uphold the institutions of liberal democracy, the rule of law, respect for human rights, and protections for minorities.The proposal to attach new conditions to EU funding is directed at the populist go
May 28, 2018
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[Ramesh Ponnuru] Trump should declare victory on China and retreat
In any “trade war,” the most important thing to remember is the limit of the martial metaphor. When a foreign company sells Americans something they choose to buy, it is not an act of aggression. Trade negotiations aren’t a zero-sum game in which one country wins and the other has to lose. The point is being forgotten right now, and not just by protectionists. Practically everyone is saying that President Donald Trump is losing, surrendering, caving or capitulating to China. But “losing” may be
May 27, 2018
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[Faye Flam] How scientists succumb to corruption and cook results
Horrible bosses can cause misery in any kind of business, but in science, they wield uniquely destructive power. In a recent survey compiled by the journal Nature, a number of young scientists reported that they felt pressured to find “particular results” that would presumably please their bosses, as opposed to the truth. That’s a problem for society at large, since it degrades the integrity of research that we’re supporting. Last week, a number of experts weighted in for a special section of t
May 27, 2018
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[Tobin Harshaw] China outspends US on defense? Here’s the math.
When is $227 billion greater than $606 billion? When comparing Chinese defense spending to that of the US -- and if Army Chief of Staff Mark Milley is the one doing the math. At a hearing last week, the ranking Democrat of the Senate’s defense appropriations subcommittee, Dick Durbin of Illinois, said to Milley: “You tell us that one of our biggest threats, greatest enemies, is Russia; turns out we read recently that Russia spends about $80 billion a year on its military. So let me get this stra
May 27, 2018
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[Adam Minter] Fake news laws are fake solution
In the waning days of Malaysia’s recent election campaign, then-opposition leader Mahathir Mohamad was investigated under the country’s anti-fake news law. Had he been charged and convicted, he could have spent as much as six years in prison. Instead, Mahathir was elected prime minister with a pledge to repeal the law. After his unexpected success, Mahathir initially seemed to back off his promise; other members of his government have since sent different signals. While Malaysians have many rea
May 27, 2018
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[Barry Ritholtz] Never mind the millionaires. Here’s advice from billionaires.
Last month, I described an email that promised vast riches if I would adopt “The Millionaire Mindset.” This is the sort of silly wishful thinking I hate: Consider, instead, the Cartesian pitch as applied to self-help being sold today: Just think it and it will happen. This stuff, along with crystals and horoscopes, joins a long list of things that have never been proven to have much value beyond a placebo effect. Wishful thinking alone is insufficient to get any job done. “All you need is a doll
May 27, 2018
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[Eli Lake] Trump can win by walking away from Korea talks
President Donald Trump finally did it. On Thursday he pulled the plug on next month’s big summit with North Korea’s leader Kim Jong-un. In sadness, but not anger, Trump said Kim’s insults were too much for now. That said, he left the door open for a future meeting. Why did Kim get cold feet and resume that anti-US rhetoric?North Korean apparatus tell us that their dear leader is skittish about negotiations after Trump’s national security adviser, John Bolton, suggested the “Libya model” for ridd
May 25, 2018
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[Anjani Trivedi] Trump’s auto misfire will do nothing for Detroit
The latest salvo in President Donald Trump’s trade war promises to do more damage than good to an already anxious American auto industry. Trump on Wednesday ordered the US Commerce Department to probe whether auto imports threaten national security under Section 232 of the Trade Expansion Act -- the same executive power he used to apply tariffs on steel and aluminum earlier this year. The president’s latest idea risks unwinding a global supply chain that powers sales of almost 20 million cars a
May 25, 2018