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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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Opposition chief acquitted of instigating perjury
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Seoul city opens emergency care centers
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[Exclusive] Hyundai Mobis eyes closer ties with BYD
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[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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Prosecutors seek 5-year prison term for Samsung chief in merger retrial
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[Kim Seong-kon] Microaggressions, zero tolerance and silence
I recently came across an intriguing article entitled “The Coddling of the American Mind” in the September issue of “The Atlantic.” The authors, Greg Lukianoff and Jonathan Haidt, were concerned about the emerging phenomenon of so-called “microaggressions” and “trigger warnings” at American college campuses. They were worried because this new tendency is now being institutionalized, affecting “what can be said in the classroom, even as a basis for discussion.”According to the authors, “Microaggr
Aug. 18, 2015
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[John H. Cha] Wind of change: North Korea in transition
The wind of change is being felt on the Korean Peninsula as never before. This wind we feel nowadays is a soft breeze, a culmination of the silent murmurs that have been brewing under their breath, incognito, among the people from the northern regions of the peninsula. This breeze is filled with voices that pine for a better life that would include regular meals, basic medical care, education, and a meaningful future for their children. About 30,000 of them are in the South today and elsewhere,
Aug. 18, 2015
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[Robert J. Fouser] Looking at the next 70 years
Aug. 15 marked the 70th anniversary of the end of World War II and the liberation of Korea from Japanese rule. The anniversary forced a look back in time as some took stock of South Korea’s accomplishments while others blamed Japan for not apologizing sufficiently for its past wrongdoings. Few, however, have thought to ponder the next 70 years.What will the world and Korea look like 70 years from now? 2085 seems like the distant future, but assuming life expectancy patterns hold, most babies bor
Aug. 18, 2015
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Japan must be careful in ties with neighbors
Japanese Prime Minister Shinzo Abe delivered a speech Friday, on the eve of the 70th anniversary of the end of the Pacific War. Abe expressed “profound grief” for all who perished in World War II and admitted that Japan inflicted “immeasurable damage and suffering” on innocent people during the war and apologized. The prime minister also said that future generations of Japanese should not have to continue apologizing. Japan marked VJ Day, a euphemism for the day the Pacific War ended. The Japane
Aug. 17, 2015
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[Justin Fox] China may have no master plan
As a long-time consumer of economic commentary about China, I can probably recite the basic narrative underpinning most of it in my sleep: Yes, China’s economy faces challenge X. But the government has a plan for getting past it, the People’s Bank of China has many tools at its disposal and, hey, look at that $3.7 trillion in foreign exchange reserves! A fine recent example of the genre comes from Zheng Liu of the Federal Reserve Bank of San Francisco. His analysis bears the provocative headline
Aug. 17, 2015
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[Andrew Sheng] Joining SDR club gives yuan reserve currency status
As gray clouds gather over the horizon, one possible piece of good news is the prospects of the Chinese currency RMB being fully internationalized. Bankers and financial centers from Hong Kong to London salivate at the trillions of dollars of new trading that will come from the RMB becoming a full-fledged reserve currency. When will that happen? One milestone of the RMB becoming fully recognized as a reserve currency is to join the club of being a component currency of the Special Drawing Righ
Aug. 17, 2015
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A farewell to Susan Ahn Cuddy
In the sad news department, Susan Ahn Cuddy passed away in her sleep at her house in Northridge, California, on June 24. She lived a full life from 1915 to 2015, making her a full 100 years old. She had given a speech the day before to a youth gathering sponsored by the Korean American Coalition in Los Angeles. I was not there, but I can tell what her speech was about because I have often seen her tell young people, “Be a good American, but don’t forget your Korean heritage.” These are the words
Aug. 17, 2015
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[Shashi Tharoor] Hanging sparks debate on death penalty in India
On July 30, Yakub Memon, a chartered accountant and the brother of a notorious gangster now living in self-imposed exile, was hanged for complicity in the planning and execution of serial bomb blasts that killed 257 people in Mumbai in 1993. The hanging, India’s first in three years, has prompted reactions ranging from dismay to scarcely concealed bloodlust. And it has intensified the domestic debate over the death penalty.To be sure, no one suggests that India’s judicial system did not function
Aug. 16, 2015
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[David Ignatius] Big battle behind China’s turmoil
One way to think about the recent financial turmoil in China is as a parenting dispute between “Xi Dada” and “Yang Ma” -- meaning “Big Daddy Xi” (the nickname for President Xi Jinping) and “Big Mama” (a popular moniker for the People’s Bank of China).Dada and Ma are the two centers of power, political and economic, in a China that is coping with a painful new period of slower economic growth. They work in surprising harmony most of the time, but you could see the strain this summer as China stru
Aug. 16, 2015
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Even with apology, Abe’s sincerity will be doubted
Chinese state media has expressed skepticism over the possibility of Japanese Prime Minister Shinzo Abe apologizing for the country’s wartime actions, citing conflicting reports over the contents of his speech marking Japan’s World War II surrender. Also, accusing Abe of being a historical revisionist fond of downplaying Japan’s wartime record, state media questioned his sincerity even if he does include key words such as “apology,” “deep remorse,” “aggression” and “colonial rule” when he speaks
Aug. 13, 2015
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[June H.L. Wong] When words don’t mean a thing in a competitive world
Ah Ho, 81, has never read a book in her life. Or a magazine or newspaper or a letter; not even a postcard. It’s not because she’s indifferent to the written word, she simply can’t. She is, by official definition, illiterate. UNESCO defines a literate person as “One who has reading ability or can read,” or “One who has formal education and at least some form of informal education.” The World Bank’s definition is one “who can, with understanding, read and write a short, simple statement on their e
Aug. 13, 2015
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[David Ignatius] Quest for the perfect wave
Escapism has a special lure this summer, if you’re saturated with Islamic State atrocities, the Iran nuclear deal and Donald Trump’s presidential campaign. As relief from such weighty matters, I can recommend a magnificently escapist book about surfing called “Barbarian Days.” Subtitled “A Surfing Life,” the book is a memoir by New Yorker writer William Finnegan about his pursuit of big, beautiful waves since he was 10. Finnegan is a fine reporter and writer, as New Yorker readers have long k
Aug. 13, 2015
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[Kim Ji-hyun] Face the music, old boys
Celebrity chef Baek Jong-won is on fire. The man is currently one of the nation’s most sought-after cuisiniers, hosting several TV cook shows and running a chain of successful diners. The best thing about him is that he actually knows what he is talking about. His recipes are easy to follow and they really work. However, while I agree that Baek is a hardworking man who deserved to become famous, I cannot help feeling that he also happened to be in the right place at the right time.Baek came ont
Aug. 12, 2015
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[Giorgio Gomel] Migration and memory in Europe
Stories of migrant-laden ships sinking in the Mediterranean while trying to reach the shores of Europe, and of refugees dying at Calais while trying to enter Britain through the Eurotunnel, have lately become ubiquitous in Europe. This ongoing crisis should remind us of a painful, and shameful, episode of recent history: the rejection faced by European Jews seeking refuge from the anti-Semitic fury that raged across Europe in the 1930s. Today’s refugees should remind us, too, of those Jews who,
Aug. 12, 2015
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[Kim Seong-kon] Aging well and becoming a classic
We all grow old with the passage of time. No one can escape aging or cheat death. Recently, I happened to watch several Hollywood movies that featured once glorious but now aged actors who acted splendidly as though they were still young: Kevin Costner, Sylvester Stallone and Bruce Willis among others. Though they looked older with all their wrinkles and frosty hair, and were in supporting roles instead of playing the virile young hero, all of them seemed to have aged gracefully. As I grow older
Aug. 11, 2015
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[Lee Jae-min] New Silk Roads in the making
Since East Asia and Europe are far apart, one idea being floated to galvanize the sluggish economy in both regions is to bring them closer -- physically. Against this backdrop, the construction of “Silk Roads” of the 21st century has suddenly become the new buzzword. Korea and China are now pursuing, with vigor and sincerity, their respective national projects of new Silk Roads. Korea’s Silk Road plan is the “Eurasia Initiative” that started in October 2013 with President Park Geun-hye’s keynote
Aug. 11, 2015
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Controversy over Planned Parenthood videos
You don’t have to watch those videos of Planned Parenthood officials released by an anti-abortion group. No one will force you. And you’d be right to look with suspicion at anyone who tells you that you must watch them. So I’m not telling you to watch. But I am asking you to ask yourself two questions: Is there a cost to avoidance? And what is the cost? A new video came out the other day, a fifth video, of Planned Parenthood officials talking in chilling euphemisms and grisly business in the lab
Aug. 10, 2015
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[David Ignatius] American president on edge
Can an American president make big, historic changes in the country’s direction with a relatively narrow base of political support? That was the challenge President Obama faced when he pushed health care reform through Congress, and it’s the same problem he faces now in trying to win support for a breakthrough nuclear deal with Iran. Obama was confident and combative as he made his case this week on Iran. He delivered a powerful speech enumerating the virtues of the agreement. But he included so
Aug. 10, 2015
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[Jeffrey Frankel] The right time to reform fuel pricing in the U.S.
World oil prices, which have been highly volatile during the last decade, have fallen more than 50 percent over the past year. The economic effects have been negative overall for oil-exporting countries, and positive for oil-importing countries. But what about effects that are not directly economic? If we care about environmental and other externalities, should we want oil prices to go up, because that will discourage oil consumption, or down because that will discourage oil production? The answ
Aug. 10, 2015
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Hana Bank’s discrimination against foreigners
“I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character.” ― Martin L. King Jr.One of the greatest disappointments I have experienced here in Korea has been the realization that prominent institutions, not merely misguided individuals, believe that the content of one’s character is determined by the color of one’s passport.As a Yonsei law school professor, I spend my days helping som
Aug. 10, 2015