Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Opposition chief acquitted of instigating perjury
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[Exclusive] Hyundai Mobis eyes closer ties with BYD
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[David Ignatius] Helping Venezuela off the ledge?
With Venezuela spinning into chaos and collapse, the Obama administration has pondered how to nudge the imploding nation toward political change -- without making Uncle Sam a target. The administration appears to have found the right formula this week. Secretary of State John Kerry announced Tuesday at a meeting of the Organization of American States that the U.S. would support an OAS plan for a “fair and timely” recall referendum that could replace the failing government of Venezuelan President
June 15, 2016
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[Mohamed A. El-Erian] Bank of Japan faces a tough dilemma
As central banks in advanced economies -- including the Bank of England, the Bank of Japan, the Swiss National Bank and the U.S. Federal Reserve -- hold their policy meetings this week, they will all confront tricky questions about the management of national liquidity and cross-border influences.The most fascinating discussion, however, will take place at the Bank of Japan, which has an additional challenge: It has moved closest to the line that separates effective policy measures from ineffecti
June 15, 2016
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[Robert B. Reich] Trump's strategy is to win by destroying
When I was a boy and lost just about every sporting event I tried, my father told me, “What counts isn’t whether you win or lose but how you play the game.”Most parents told their kids this. It was part of the American creed. But I doubt Fred Trump passed on the same advice to little Donald, who seems to have learned the exact opposite: It’s not how you play the game but whether you win or lose.If there’s one idea that summarizes Donald Trump -- his character, temperament, career, business strat
June 14, 2016
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[David Ignatius] Trump’s Islamophobia propels the Islamic State
Even by Donald Trump’s standards, his comments about the Orlando shooting have been reckless and self-serving. They are also dangerous for the country.Trump‘s response to Sunday morning’s terrorist attack by Omar Mateen was initially an opportunistic tweet; then a boasting statement on his website: “I said this was going to happen”; followed by a renewed call to temporarily ban Muslim immigration; and capped by a sinister insinuation Monday morning that President Obama should resign after the sh
June 14, 2016
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[Kim Seong-kon] ‘Angry Young Men’ in the 21st century
In the 1950s, a group of young British novelists and playwrights who were disillusioned with traditional British society depicted the frustrations of lower class people in their works. It was a time when Europe suffered a postwar economic recession, high unemployment, and extreme economic polarization. These defiant, subversive writers, who were marked by “impatience with the status quo, and refusal to be coopted by a bankrupt society,” demanded radical social change and wrote protest novels and
June 14, 2016
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Nuclear power to the people in U.S.
Unloved and underappreciated, America’s nuclear reactors supply almost two-thirds of the country’s low-carbon energy -- reliably and without harm to human health or the earth’s atmosphere. Nuclear is the biggest, sturdiest force against climate change there is.It is also threatened by market forces and short-sighted public policy. If energy costs accurately reflected the price of carbon, nuclear would be competitive. They don’t, and it isn’t, but there are other ways governments can make the ene
June 14, 2016
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[Lee Jae-min] Illegal fishing in the West Sea
It has been some time now that Chinese fishing vessels have intruded on Korea’s exclusive economic zone. But the increasing intensity of illegal fishing has now reached at a tipping point and threatens the livelihood of small fishing towns along the west coast.Illegal fishing does not simply entail a maritime game of cat-and-mouse. Video footage shows fierce physical confrontations between maritime policemen and Chinese fishermen at the maritime border.As for the Chinese fishing boats, the Korea
June 14, 2016
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[Eli Lake] Trump’s blustering helps radical Islam
If past is prelude, then the massacre in Orlando this weekend will benefit Donald Trump’s campaign for the presidency. As the presumptive Republican presidential nominee has boasted, he gained significant support in December when a husband-and-wife jihadist duo shot up a government building in San Bernardino, California.Now Trump is crowing. His tweets and interviews since the shooting are a series of told-ya-so’s. He is quite pleased with himself for observing that President Barack Obama doesn’
June 14, 2016
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[Christopher Balding] One Chinese city has figured out the future
China‘s Xi Jinping recently declared that he wants China to rank as one of the world’s most innovative countries by 2020 and to top the list by mid-century. Going by past practice, this probably means a lot more money being poured into dodgy start-ups and ill-conceived high-tech schemes. There’s a better model to be found, however, one that’s surprisingly close to home: the southern boomtown of Shenzhen. The city‘s Nanshan district, home to a huge High-Tech Industrial Park, is now China’s riches
June 13, 2016
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[Shashi Tharoor] India’s deadly university entrance exams
In late April, a 17-year-old girl named Kriti Tripathi leaped to her death in Kota, India, shortly after passing the country’s examination for admission to the prestigious Indian Institutes of Technology. A week later, another Kota student, Preeti Singh, hanged herself, succumbing to her injuries after a few days. Singh’s was the ninth suicide by a student in Kota this year alone, and the 56th in the last five. All attended Kota’s “coaching institutes,” whose sole purpose is to prepare high scho
June 13, 2016
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[Joshua J. Whitfield] There is a growing humorlessness in the U.S.
“Genuine humor is replete with wisdom,” Mark Twain said. Yet it is wisdom I’m afraid we’ve largely lost, a sense of humor gone with little trace.Not that we don’t laugh anymore. We laugh a lot. It’s easy to find something funny, some comedian to make us giggle. Cheap jokes are still cheap and easy to come by; juvenile laughter has always been and will always be easy to produce. But many comedians today are just that: cheap.There are of course a few great ones still, those who carry the great Ame
June 13, 2016
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[Peter Singer] Should the world go to Rio?
When Rio de Janeiro was awarded the 2016 Olympic Games, the Zika virus had yet to reach Brazil. Now, after billions of dollars have been invested in preparing for the Games, Rio de Janeiro state has the second highest number of suspected Zika virus infections. Should the 2016 Summer Olympic Games be postponed or moved elsewhere? This is a difficult decision, and the facts are still not clear enough. That’s why, last month, I joined 223 scientists, bioethicists, and public health experts in sign
June 13, 2016
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Britain’s great EU debate has not been so great
Opinion polls say Britain’s vote on June 23 on whether to leave the European Union will be close. That’s disturbing: Voting to stay is the safer, wiser choice. The referendum debate should have promoted consensus on the point -- but it hasn’t, partly because the quality of discussion has been a letdown. Campaigners on both sides of the debate have claimed that a complex issue is really pretty simple. The government-led Remain campaign says “Brexit” would be a catastrophe; the Leave campaign says
June 13, 2016
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A ‘historic’ victory
Hillary Clinton has shot through the glass ceiling to become the first woman presidential nominee -- changing the American political narrative. There is a degree of pregnant symbolism in the victory. The often misused adjective, “historic,” was seldom so apt as on Tuesday when Hillary Rodham Clinton used the expression twice to celebrate her triumph over Bernie Sanders in the California primary. And she has celebrated her achievement without sounding overly euphoric. Well and truly has the form
June 12, 2016
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[John H. Cha] Women Cross DMZ’s quest for Korean peace treaty
Women Cross DMZ, a venerable group of women made up of 30 international leaders, thinkers and activists, crossed the DMZ together in 2015. This was quite a remarkable feat, considering that they were assembled in Pyongyang, North Korea, where thousands of people cheered them on, and that they had traversed the world’s most fortified border southward into the arms of South Korean women waiting to greet them. They concluded the event with a promise to cross the DMZ a year later, this time, going f
June 12, 2016
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[Ram Garikipati] Amending retail price maintenance rules
The Korea Fair Trade Commission is all set to take a decision on amending the “Guidelines for Review of Resale Price Maintenance” as the public comment period has just concluded.Resale price maintenance, or RPM, is a system in which the manufacturing firm determines and enforces the price at which distributors resell its products. Hence, it is also known as vertical price-fixing, price protection, or the practice of imposed prices.Until now, RPM has been deemed illegal in Korea, and companies th
June 12, 2016
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[Barry Ritholtz] Fintech is revolutionizing money management
Financial Technology Partners is a San Francisco-based investment-banking firm focused, appropriately enough, on the financial-technology industry. I managed to get my hands on its new report of how fintech is altering the landscape for money management. The report looks at industry trends, interviews numerous fintech executives and sizes up all of the usual big picture Silicon Valley stuff.For those of you who may not have thought much about how technology might affect Wall Street, the work you
June 12, 2016
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[David Ignatius] The next president‘s Asian menace
Sometime over the next several years, the next U.S. president could confront a genuinely dangerous threat from a faraway place -- a North Korean missile that can hit U.S. territory with a nuclear warhead. Led by an impulsive and brutal young man, North Korea may pose the most direct nuclear risk to the United States. Kim Jon-un is a weak leader in every respect but one -- he pushes ahead relentlessly on a program to build missiles that can reach Guam and other American targets carrying miniaturi
June 12, 2016
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[David Ignatius] The Omani back channel to Iran
One of the mysteries of Campaign 2016 is why the Iran nuclear deal has vanished as an issue. But a new book reveals some startling details about how the diplomacy with Tehran began in secret, long before reformers took power there, and the crucial role played by presumptive Democratic presidential nominee Hillary Clinton.The diplomatic narrative is laid out in “Alter Egos,” by New York Times White House correspondent Mark Landler. He’s the first to disclose the full extent of the Omani “back cha
June 10, 2016
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[Rachel Marsden] High-tech companies should invest in education, not immigration
Did you know that the multinational corporation Airbus Group has its own high school in France? It‘s one of the few private vocational schools left in the country. Why aren’t more high-tech industrial corporations running schools? Although such institutions aren’t without controversy, their proliferation could be the key to winning the global economic competition.Located in Toulouse not far from Airbus headquarters, Lycee Airbus selects students 15 to 18 years old based on written and oral admis
June 10, 2016