Most Popular
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Signs point to N. Korean troops in Russia-Ukraine combat zone
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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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[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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4 in 10 young South Koreans take up 'irregular' jobs: data
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SM founder Lee Soo-man is back with A2O Entertainment
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'1 million' Christians join anti-LGBTQ+ marriage rally
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[Newsmaker] Mobile carriers say cost breakdown disclosure could expose business secrets
South Korean mobile carriers on Thursday expressed concerns about the country’s top court’s ruling to reveal the breakdown of their operating costs to the general public. The Supreme Court of Korea earlier Thursday upheld the ruling made by a local high court, which claimed consumers’ access to information regarding operating costs of the telecom companies is a right granted by the Constitution for a clearer understanding of fees being charged. In other words, the court’s judgment could be inter
IndustryApril 12, 2018
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[Newsmaker] Environment Ministry urges local governments to collect plastic waste
The Ministry of Environment said it will start providing financial support to local recyclables collection and disposal companies as early as this week, as recycling companies continue to refuse to collect some items that China no longer purchases. YonhapThe new plan, which was reported to President Moon Jae-in on Tuesday to tackle South Korea’s waste management crisis which began earlier this month, is expected to help recycling companies dispose of plastic bags and Styrofoam materials amid a d
Social AffairsApril 11, 2018
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[Newsmaker] WHO delays controversial decision on recognizing game addiction as mental disorder
The World Health Organization has delayed by one year its 11th revision of the International Classification of Diseases, which had included controversial plans to list video game addiction as a mental health condition, according to industry sources Wednesday. The WHO stipulated in its “ICD-11 Joint Linearization for Mortality and Morbidity Statistics: Project Plan 2015-2018” report, dated January this year, that it will not endorse the revised mental health disorder guidebook until May 2019.“The
TechnologyApril 11, 2018
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[Newsmaker] Residents slam $93m project to expand Gwanghwamun Square
Gwanghwamun Square in Seoul is where South Korea’s largest political protests take place. The 2017 massive candlelight vigils here led to the impeachment of the former President Park Geun-hye last year. For many, Seoul’s symbolic center represents the nation’s passion for democracy and freedom of expression -- at least for people who don’t live in the area. A drawing of the new Gwanghwamun Square, provided by the Seoul Metropolitan Government and the Cultural Heritage Administration on Tuesday.
Social AffairsApril 10, 2018
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[Newsmaker] Key pension funds pull plug on Samsung Securities
The National Pension Service ceased trading with Samsung Securities in the wake of the latest dividend error that revealed a blind spot in the brokerage system, officials said Tuesday.“Due to the serious problem in Samsung Securities’ stock trading stability, we stopped all direct stock trading on Monday,” said an official of the pension service.“Restrictions in other sectors such as trust management will be decided later in consideration of the financial authorities&rsqu
MarketApril 10, 2018
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[Newsmaker] FSS chief’s integrity dispute burdens Blue House
Mounting criticisms against the integrity of the newly appointed financial market watchdog chief is adding extra burden on the Moon Jae-in administration, which has vowed to eradicate “accumulated evil practices” and to restore trust in the nation’s public functions.Financial Supervisory Service Gov. Kim Ki-sik found himself hard pressed Monday as opposition political parties called for his ouster, taking issue with his past overseas business trips sponsored by financial instit
EconomyApril 9, 2018
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[Newsmaker] Samsung heir likely to officially return this week
Samsung Electronics Vice Chairman Lee Jae-yong is expected to return to the management of the world’s top provider of chips, smartphones and electronics this week, after coming back from a 16-day overseas business trip and after being released from jail in February. According to the industry on Sunday, the Samsung heir seems to be making a comeback for putting Samsung back on track for new growth after about a year0long absence due to his involvement in the former president’s bribery scandal. Le
IndustryApril 8, 2018
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[Newsmaker] Brazil's Lula surrenders to serve prison sentence
SAO BERNARDO DO CAMPO, Brazil -- Brazil's election frontrunner and leftist icon Luiz Inacio Lula da Silva turned himself in Saturday to start a 12-year sentence for corruption after a chaotic attempt by supporters to stop him from surrendering.Surrounded by bodyguards, Lula had to push through a seething throng of supporters to get into a police vehicle outside the metalworkers' union building in Sao Bernardo do Campo, where he had been holed up for two days and nights.Earlier, the same crowd ha
World NewsApril 8, 2018
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[Newsmaker] S. Korea cautious about return to six-party talks
As North Korean leader Kim Jong-un has reportedly agreed to return to six-party talks, South Korea reaffirmed Friday that talks on denuclearization should be discussed first among the two Koreas and the US during planned summits, before the other nations are involved. North Korean leader Kim told Chinese President Xi Jinping during talks in Beijing last week that he agreed to return to six-party talks on his nation’s nuclear program and missile tests, the Nikkei newspaper said Thursday, quoting
Foreign AffairsApril 6, 2018
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[Newsmaker] FSC chief plays down concerns on Elliott’s return
Amid growing speculation on US activist hedge fund Elliott Management’s move towards Hyundai Motor Group, the chief of the nation’s top financial regulator on Thursday urged stakeholders not to react “sensitively,” stressing this time seems different from the group’s previous battles with Samsung.“There’s no need to sensitively respond to Elliott’s move this time,” said Choi Jong-ku, chairman of the Financial Services Commission, at a conference in Seoul.Referring to a series of legal battles in
MobilityApril 5, 2018
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[Newsmaker] Confusion, anger continue over restrictions on recyclables
Recent Chinese restrictions on the types of recyclables that it will purchase continue to cause much confusion, as both residents and management offices of apartment complexes struggle to understand what can and cannot go in their recycle bins.Plastic and foam waste are left at the back of SsangYong apartment complex in Gangnam, Wednesday, as the recyclables collection company refused to collect, due to low profitability. Bak Se-hwan/The Korea HeraldOfficials at SsangYong Apartment in Gangnam sa
Social AffairsApril 4, 2018
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[Newsmaker] Ex-Samsung CEO Kwon becomes legendary salaryman in Korea
Kwon Oh-hyun, a former chief executive officer of Samsung Electronics who retired late last year, was the highest-paid man in South Korea last year, earning far more than the owners of chaebol including the tech giant’s de facto leader Lee Jae-yong.According to an annual business report released by Samsung Electronics, Kwon received a total of 24.38 billion won ($23 million) in annual salary last year, three times higher than what he had earned a year before. Kwon had served as the vice chairman
IndustryApril 3, 2018
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[Newsmaker] NK leader says K-pop performance created mood of peace on peninsula
North Korean leader Kim Jong-un expressed hope that South Korean musicians’ performance in Pyongyang could serve as a “meaningful occasion” to show the unity of the divided Koreas, the North’s state-run news agency said Monday. Under the theme “Spring Comes,” K-pop heavyweights including Cho Yong-pil, Lee Sun-hee, girl group Red Velvet and Seohyun of Girls’ Generation performed a concert at the 1,500-seat East Pyongyang Grand Theater in Pyongyang for two hours, starting at 6:30 p.m. (South Korea
North KoreaApril 2, 2018
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[Newsmaker] Government launches sexual violence center for culture sector
In response to the #MeToo movement resonating within the country, the Korean government has launched a response center for sexual violence occurring within the culture and entertainment sector. The Korea Creative Content Agency and the Ministry of Culture, Sports and Tourism jointly held an opening ceremony for the gender equality center “Bora” on Thursday. Bora’s function includes taking reports of sexual violence cases and providing professional psychological help, therapy and legal counseling
CultureApril 1, 2018
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[Newsmaker] US’ cancer warning ruling for coffee draws mixed reactions in Korea
Following a Los Angeles judge’s ruling that coffee companies including Starbucks should carry a cancer warning label due to a chemical produced in the roasting process, leading coffee chains operating in South Korea remained cautious while civic activists called for alert. Consumers were mostly confused.A local subsidiary of US coffeehouse chain Starbucks Coffee Korea said that the matter is impacting the entire US coffee industry, not just limited to Starbucks.“We understand that around 90 coff
IndustryMarch 30, 2018
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[Newsmaker] Debate ensues upon return of Korean Air heiress Cho Hyun-ah
Debate has been reignited over whether it was timely or too soon for Korean Air heiress Cho Hyun-ah, known for her “nut rage” tantrum that sparked international uproar in 2014, to make an official comeback to work after three years and four months this week.Former Korean Air Vice President Cho Hyun-ah (Korean Air)According to KAL Hotel Network, a subsidiary of Korean Air under Hanjin Group, 44-year-old Cho was approved as its president during a shareholders meeting held Thursday. Cho, the former
IndustryMarch 30, 2018
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[Newsmaker] Lee’s detention extended for corruption probe
The court has extended the detention period for former President Lee Myung-bak until April 10 for further investigation into corruption allegations against him.The Seoul Central District Prosecutors’ Office said on Friday that the court has approved the extension by 10 days as more time was needed to indict him.Under the law on criminal procedure, a suspect can be kept in custody for a maximum of 20 days through an extension of the detention period by up to 10 days upon the court’s approval. The
PoliticsMarch 30, 2018
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[Newsmaker] Was Park Geun-hye asleep while Sewol ferry was sinking?
Enraged responses are flowing from political and public circles after the prosecution concluded Wednesday that former President Park Geun-hye spent crucial time on the morning of the Sewol disaster in her bedroom. The 2014 Sewol ferry tragedy, which killed 304 people -- most of whom were school children on a trip -- is considered one of South Korea’s deadliest disasters. More than half of the survivors, some 170 of them, were rescued by private fishing boats and commercial vessels, not by the n
Social AffairsMarch 29, 2018
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[Newsmaker] Hyundai Motor Group to carry out grand governance structuring
Hyundai Motor Group on Wednesday announced long-awaited plans to overhaul its governance structure in a move to bolster future growth and shareholder value amid growing pressure from the government for the country’s leading automotive group to overhaul its complex cross-sharing holding structure by the end of this month.As the first and major step, changes will be made to the auto group’s business structure.The board members of the group’s auto parts making unit Hyundai Mobis and logistics affil
MobilityMarch 28, 2018
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[Newsmaker] Chung Bong-ju withdraws from Seoul mayoral race
Former lawmaker Chung Bong-ju on Wednesday withdrew his bid to run for Seoul mayor in June as sexual misconduct allegations against him lingered. The announcement came a day after Chung’s accuser held a press conference Tuesday and repeated her claim that the 57-year-old forcibly kissed her at a local hotel’s cafe in Yeouido, Seoul, on Dec. 23, 2011, when she was a university student.Former lawmaker Chung Bong-ju. Yonhap“I will withdraw my bid for Seoul mayor and will stop all my public activiti
Social AffairsMarch 28, 2018