South Korea's Navy said Thursday it will conduct an exercise in the East Sea to better counter possible missile attacks by North Korean submarines.The exercise, which will run from Friday through Tuesday, will involve 10 warships, such as the 7,600-ton Aegis-equipped Sejong the Great destroyer, submarines, P-3 maritime patrol aircraft and fighter jets.It said officials from the US Undersea Warfighting Development Center (UWDC) plan to assess the Korean Navy's capabilities when it comes to operat

Defense Nov. 10, 2016

South Korea's central bank is expected to hold its key rate steady this month on concerns of increasing household debts and a possible U.S. rate hike next month, polls showed Thursday.The Bank of Korea (BOK) is set to hold its monthly rate-review session Friday to decide whether to maintain or cut the all-time low rate of 1.25 percent.A recent poll showed 99 out of 100 bond market experts surveyed said they expect the BOK to keep its key rate unchanged in November.The upcoming decision comes ami

Nov. 10, 2016

미국 애니메이션 방송 ‘심슨’의 한 에피소드가 도널드 트럼프 제 45대 미국 대통령 당선을 예고했다는 보도가 화제가 되고 있다.  (사진=9GAGtv)이 '심슨' 에피소드는 9일 트럼프 당선 이후 온라인 매체 9GAGtv에 공유되며 순식간에 1백만 조회수를 달성했다. (khnews@heraldcorp.com)

한국어판 Nov. 10, 2016

Emboldened Republicans claimed a mandate Wednesday for President-elect Donald Trump after his astonishing election triumph, and an emotional Hillary Clinton told crestfallen supporters the GOP victor deserved a “chance to lead.” President Barack Obama pledged a smooth transition of power."We are now all rooting for his success in uniting and leading the country,” the president said of the president-elect, the man who spent years questioning Obama's birthplace and challenging the legitimacy of hi

World News Nov. 10, 2016

 진행자: 임정요, Paul Kerry1. 광화문 2차 촛불집회기사요약: 지난 5일 서울 종로구 광화문 광장에서 열린 제 2차 촛불집회에는 경찰 추산 4만5000명, 주최측 추산 20만명의 기록적 인파가 몰렸다. 이는 ‘비선실세’ 최순실 씨가 국정에 개입해 국정농단 혐의로 조사받는 가운데 박 대통령이 두 번째 대국민 사과를 발표한 다음날 벌어졌다.아이튠즈(아이폰):https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2 팟빵 (안드로이드): http://www.podbbang.com/ch/6638Public anger at its peak in massive rally[1] Tens of thousands of people took to the streets in central Seoul on Saturday to demand President Park Geun-hye’s resignation o

Podcast Nov. 9, 2016

Donald Trump was elected America’s 45th president Tuesday, an astonishing victory for a celebrity businessman and political novice who capitalized on voters’ economic anxieties, took advantage of racial tensions and overcame a string of sexual assault allegations on his way to the White House.His triumph over Hillary Clinton will end eight years of Democratic dominance of the White House and threatens to undo major achievements of President Barack Obama. He’s pledged to act quickly to repeal Oba

World News Nov. 9, 2016

Lotte Mart, a discount store chain by Lotte Group, said Wednesday it has opened the 44th store in Indonesia as part of its global growth strategy. The new shop opened in the underground floor of Pakuwon Mall in Surabaya, a port city on the Indonesian island of Java. The mart has a health and beauty section, as well as household and fresh food corners, and runs a membership program for regular patrons, the firm said. Lotte Mart operates a total of 290 stores in South Korea, China, Indonesia and V

Industry Nov. 9, 2016

South Korea's dessert market expanded 13.9 percent in 2014 from a year earlier on rising demand for sweets and non-alcoholic drinks, government data showed Wednesday.The combined value of the local confectionery and non-alcoholic beverages markets stood at 8.9 trillion won ($7.9 billion) in 2014, up 13.9 percent from a year earlier, according to the available data compiled by the Ministry of Agriculture, Food and Rural Affairs.The dessert market accounted for 10.7 percent of the country's entire

Industry Nov. 9, 2016

The average tenure of CEOs at South Korea's top 30 conglomerates and their affiliates is 2.5 years, with 18 percent of them leaving in less than a year, a survey by a corporate tracker said Wednesday.According to CEO Score, executives stayed on for more than three years at only seven of the surveyed conglomerates. At three conglomerates, they were let go in less than two years.The survey covered 2,504 CEOs at the business groups and their subsidiaries who were appointed in 2000 and later. Member

Industry Nov. 9, 2016