Most Popular
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Signs point to N. Korean troops in Russia-Ukraine combat zone
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[Exclusive] Korean adoptee sisters meet for the first time in 39 years
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Rose's 'Apt.' redefines K-pop's global appeal
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Two years on, thousands mourn Itaewon tragedy, calling for accountability
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Civil servant’s death linked to workplace bullying
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[Weekender] Walk around Korea to really get to know the country
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[Herald Interview] Love for K-drama, food defines 'Secret Ingredient'
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Hanwha, HD Hyundai vie for Poland’s $2.7b submarine program
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First lady’s controversies to top agenda at meeting of party leaders
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[Photo News] Rallying against LGBTQ+
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[Newsmaker] Starbucks Korea starts using paper straws nationwide
Starbucks Korea said Monday that its stores are now using paper straws after a test run.In September, Starbucks began a two-month trial period to test the feasibility of using paper straws at some 100 stores in Seoul, Busan and Jeju in an effort to reduce waste and protect the environment. (Yonhap)During the test run, the paper straws were available in both green and white. Starbucks has decided to use white straws in consideration of customer feedback suggesting that white straws appeared more
IndustryNov. 26, 2018
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[Newsmaker] Transformation underway inside no-man’s land
In a mountainous region where the two Koreas engaged in one of the fiercest battles during the 1950-53 Korean War, the two sides’ soldiers met in an unusual encounter earlier this month, decades after the war ended without an official peace treaty. While uniformed soldiers carried rifles on their way to Arrowhead Ridge inside the Demilitarized Zone, taking control of the stronghold was not their mission. South Korean soldiers walk at Arrowhead Ridge as they build a tactical road across the Milit
DefenseNov. 25, 2018
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[Newsmaker] Size of Samsung equity funds nose-dive on pharmaceutical crisis
The size of equity funds operated by South Korean brokerage houses that invest in affiliates of Samsung Group nose-dived throughout this year, apparently as its pharmaceutical arm faced a crisis for its alleged accounting fraud, data showed Sunday.(Yonhap)According to the data compiled by market tracker FnGuide Inc., the market capitalization of the country's top 25 Samsung equity funds came to 1.7 trillion won ($1.5 billion) as of Thursday, down 523 billion won from the start of the year.Samsun
IndustryNov. 25, 2018
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[Newsmaker] SK Group chief gifts 3.29 million SK Corp. shares to kin
SK Group Chairman Chey Tae-won has given his kin a total of 3.29 million shares of SK Corp., a holding company that controls the nation’s second-largest conglomerate, the company said in a statement Friday. The chairman has given half of the 3.29 million shares, or 1.66 million shares, to his younger brother Chey Jae-won, who currently serves as executive vice chairman, and a quarter of the total shares, or 830,000 shares, to his cousin SK Networks Chairman Choi Shin-won and his family members.
IndustryNov. 23, 2018
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[Newsmaker] How much trouble is Samsung BioLogics in?
[KH Explains]: Answers to some of the most frequently raised questions regarding Samsung BioLogics caseOn Nov. 14, the market was thrown into commotion, and heated debates arose, as the South Korean financial regulator Financial Services Commission ruled Samsung BioLogics had intentionally violated accounting rules in 2015. It ordered a halt in stock trading of the biopharmaceutical company, which will go through an examination that could lead to delisting, in theory, in the worst-case scenario.
EconomyNov. 22, 2018
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[Newsmaker] Assaults on Korean students in Britain set to spark candlelight vigil
A group of South Koreans living in Britain said Thursday that they plan to hold a candlelight vigil in London on Sunday to call for a thorough investigation into recent assaults on South Korean students.One of the Koreans involved in the preparations for the candlelight gathering said that the protest rally will be held in front of Marks & Spencer in London's Oxford Circus. (Yonhap)The person said that the Korean community in Britain has been shocked by a recent instance of mob violence against
InternationalNov. 22, 2018
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[Newsmaker] Dolce&Gabbana accused of insulting China; blames hackers
BEIJING (AP) - The Italian luxury fashion house Dolce&Gabbana apologized Wednesday for insulting remarks about China it allegedly made in exchanges on Instagram but claimed its accounts had been hacked. Chinese celebrities reacted angrily after screenshots of the conversations were posted on social media and several said they would boycott a Dolce&Gabbana show scheduled for Wednesday night. The company later said the show, an extravaganza meant as a tribute to China with Asian stars invited to t
World NewsNov. 22, 2018
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[Newsmaker] South Korean named Interpol president in blow to Russia
DUBAI, United Arab Emirates (AP) — South Korea’s Kim Jong Yang has been elected as Interpol’s next president, edging out a longtime veteran of Russia’s security services who was strongly opposed by the US, Britain and other European nations.The White House and its European partners had lobbied against Alexander Prokopchuk’s attempts to be named the next president of the policing organization, saying his election would lead to further Russian abuses of Interpol’s red notice system to go after pol
InternationalNov. 21, 2018
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[Newsmaker] Police send internet cafe murder suspect to prosecution
Police on Wednesday transferred to the prosecution a man suspected of having killed an internet cafe employee in Seoul, with the recommendation of indicting the man for murder. They also recommended that the suspect’s brother, an alleged accomplice, be charged with joint assault. The Seoul Metropolitan Police Agency concluded that the 29-year-old suspect Kim Seong-soo stabbed the worker to death while his younger brother used force on the victim.Kim Sung-soo speaks in front of reporters Wednesda
Social AffairsNov. 21, 2018
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[Newsmaker] South Korean tourist dies in train accident in Switzerland
GENEVA -- A South Korean tourist died after being hit by a mountain train in Switzerland earlier this week, Seoul's foreign ministry said Wednesday. The tragic accident occurred on Monday afternoon (Switzerland time) when the man in his 60s was on a group tour program in Mount Rigi in the central area of the European country, according to the ministry. (Yonhap)Reports said that he had already died by the time a rescue team arrived on the scene."The South Korean embassy in Switzerland sent a con
InternationalNov. 21, 2018
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[Newsmaker] S. Korean pastor arrested for setting fire on MacArthur statue
A court issued a warrant on Tuesday to arrest an anti-US South Korean pastor for lighting a fire on a statue of Gen. Douglas MacArthur, the commander of the US-led UN troops during 1950-53 Korean War.The Incheon District Court approved the arrest of the 61-year old pastor, citing concerns that the individual may try to flee. The suspect is in police custody. A group of soldiers pays tribute to the late US Gen. Douglas MacArthur at Jayu Park in Incheon, west of Seoul, after laying wreaths at his
Social AffairsNov. 20, 2018
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[Newsmaker] Violent criminals banned from working in delivery business for up to 20 years
The government said Tuesday that those convicted of violent crimes such as sexual and child-related abuse will be banned from working in the delivery business for up to 20 years. The proposed revision of the Truck Transport Business Act, which prohibits violent criminals from working in the transport business, was passed in a Cabinet meeting presided over by President Moon Jae-in and is to be enacted starting Nov. 29. (Yonhap)The amendment aims to protect consumers from violent crimes, such as s
Social AffairsNov. 20, 2018
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[Newsmaker] Auto titan Ghosn under arrest, faces ouster at Nissan
Nissan chairman Carlos Ghosn faces being fired this week after being arrested in Japan over allegations of financial misconduct, the firm said Monday, in a stunning fall from grace for one of the world's best-known businessmen.Ghosn's arrest and his likely dismissal from Nissan, as well as possibly from Mitsubishi and Renault, sent shockwaves through the auto industry, where he is a towering figure, credited with turning around several major manufacturers.Besides being chairman of Nissan, the 64
World BusinessNov. 20, 2018
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[Newsmaker] ‘Blame system, not men’: San E defends controversial ‘Feminist’
Rapper San E has defended his song “Feminist,” despite facing public criticism the song is “sexist” and “ignorant” of what feminism actually stands for.In a statement posted to Instagram on Monday, the rapper said “Feminist” was not meant to bash women, as he encouraged fans to give his song a thorough listen.(Yonhap)“I chose the topic to highlight the pressing (social) issue of gender-based hate,” the statement read.“My intention was to point out the hypocrisy upheld by people like the narrator
PerformanceNov. 19, 2018
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[Newsmaker] Police: Gyeonggi governor’s wife owner of Twitter account that attacked rivals
Police concluded on Saturday that the wife of Lee Jae-myung, the controversial governor of Gyeonggi Province, is the owner of an abusive Twitter account that was mobilized to attack Lee’s political rivals, adding yet another layer to the scandal-ridden politician’s tumultuous career. After a monthslong investigation, police said Kim Hye-gyeong, the wife of the Gyeonggi governor, is indeed the owner of the infamous Twitter account dubbed “Hyegyeonggung Ms. Kim.” Authorities believe that Kim has
PoliticsNov. 18, 2018
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[Newsmaker] Argentine submarine wreck found one year after disappearance
The crushed wreckage of an Argentine submarine has been located one year after it vanished into the depths of the Atlantic Ocean with 44 crew members, in the country's worst naval disaster in decades.There has been "positive identification of the ARA San Juan," at a depth of more than 800 meters (2,600 feet), the navy tweeted, confirming the vessel had imploded. Argentine navy submarine ARA San Juan docked in Buenos Aires in 2014 (AFP)Experts say raising the submarine would be an enormous undert
World NewsNov. 18, 2018
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[Newsmaker] Police refer venture firm head accused of porn distribution to prosecution
Police on Friday referred to the prosecution a venture company chief accused of abetting online circulation of obscene videos and cruelly assaulting company employees.Gyeonggi Nambu Provincial Police Agency recommended an indictment against Yang Jin-ho, chairman of robot developer K-Technology, who also owns two online file storage service providers.Police found more than 52,230 obscene and illegal files including spycam and revenge porn circulated via the sites since December 2013. Yang earned
IndustryNov. 16, 2018
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[Newsmaker] Bar fight near Isu Station leads to 5 arrests, conflicting accounts
Police are investigating an assault case involving three men and two women who allegedly got into a physical fight at a bar near Isu Station. According to the Dongjak Police Station, a 21-year-old man and his two male friends got into a physical fight with a 23-year-old woman and her female friend around 4 a.m. Tuesday. The two parties were sitting at different tables, police said. All five have been taken into custody and are undergoing interrogation, police said Thursday. (Yonhap)Dispatch rec
Social AffairsNov. 15, 2018
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[Newsmaker] Counterfeit luxury watch worn by high profile civil servant fuels controversy
A fake high-end watch worn in public by the chairman of the Financial Services Commission is fueling an unexpected discussion on counterfeit goods in South Korea. The controversy was triggered earlier this month as Choi Jong-ku, chairman of the Financial Services Commission, was seen wearing what many assumed to be an expensive watch during a Budget and Accounts Special Committee meeting at the National Assembly on Nov. 7. Witnesses said that Choi’s watch -- which a watch expert in Seoul late
Social AffairsNov. 15, 2018
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[Newsmaker] US government: 3 Korean firms to pay $236m in bid-rig plot
WASHINGTON (AP) — The Justice Department says three South Korean companies have agreed to pay $236 million to settle allegations they were part of a bid-rigging scheme that overcharged the US military for fuel at bases in South Korea.Assistant Attorney General Makan Delrahim announced the settlement of the criminal and civil charges on Wednesday.(AP)The three companies, SK Energy Co. Ltd., GS Caltex Corporation, and Hanjin Transportation Co. Ltd., will pay about $82 million in criminal fines. Th
IndustryNov. 15, 2018