Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Pandemic left Korea more depressed than before: report
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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Hyundai Mobis eyes spot in top 10 car parts makers
Hyundai Mobis Co. plans to invest 1.15 trillion won ($1.02 billion) this year aiming to become one of the world’s 10 largest auto parts makers, the company said on Monday.The company affiliated with Hyundai Motor Group will earmark 360 billion won for research and development for high-tech systems this year.It will diversify its R&D personnel to include more engineers specializing in information t
IndustryJan. 17, 2011
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FSC criticized for savings banks push
Financial groups may see reputation undermined by acquiring distressed institutionsThe Financial Services Commission has come under criticism for apparently pressuring major financial groups to take over distressed savings banks.Bankers expressed skepticism over the financial watchdog’s move after it unveiled plans last week to put ailing savings banks up for auction and suspend operations at some
Jan. 17, 2011
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Telecoms bet on cloud computing
Local carriers look to take share of global market expected to reach $44.2b in 2013Korea’s telecom carriers are jumping on the cloud computing market to meet growing demand for software, platform and data storage in service. SK Telecom Co., Korea’s top wireless carrier, said Monday it will open a cloud service center that will allow small and mid-sized firms to use high-capacity computing resource
IndustryJan. 17, 2011
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F1 organizer Chung to sue over his dismissal
The chief organizer of Korean F1 Grand Prix is planning to sue over his dismissal, a source close to him said Sunday. Chung Young-cho, the head of the Korea Auto Valley Operation, the operating body of F1 Korean Grand Prix, was dismissed from his post following a board meeting on Friday. In an emergency meeting, shareholders of KAVO voted to oust Chung along with two other top officials due to all
More SportsJan. 17, 2011
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Global forum seeks to promote clean energy
World Future Energy Summit opens in Abu DhabiABU DHABI ― Ministers and industry experts from around the world gathered in the capital of the United Arab Emirates to discuss ways to promote the use of clean energy for sustainable growth. The 4th annual World Future Energy Summit kicked off Monday hosted by Abu Dhabi-based power company Masdar, wholly owned by the state-run Mubadala Development Comp
IndustryJan. 17, 2011
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Korean Air to start A380 flights in June
Korean Air said Monday it would take delivery of five Airbus A380 superjumbos this year, with the first flight scheduled for June.The Korean flag carrier said the A380 service between Incheon International Airport and Tokyo’s Narita would start on the morning of June 1, with the plane departing for Hong Kong once it returns from Narita.It said in a statement the service would be expanded to Bangko
IndustryJan. 17, 2011
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[Editorial] Desperate North
The downfall and flight of Tunisian President Ben Ali last week sent a warning to autocratic rulers in the Middle East and elsewhere. Kim Jong-il in faraway North Korea is a certain candidate for dethroning by popular revolt and signs of the regime’s desperation can be seen during the first weeks of the New Year.After making pleas to South Korea for the resumption of dialogue almost every other da
EditorialJan. 17, 2011
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[Editorial] End of hard lives
Two old women whom the international media had called “former comfort women for the Japanese imperial army” died last week, ending their long hard lives. The deaths of Kim Seon-yi at a hospital in Ulsan on Thursday and Im Jeong-ja in Masan on the same day left 76 women of similar experiences alive. Kim was 83 and Im was 89.Last year, which marked a century since Japan’s annexation of the Joseon Ki
EditorialJan. 17, 2011
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Obama in Arizona: A time to heal our wounds
There are moments in a presidency when a leader delivers a speech and everyone goes about their business thereafter as if nothing happened. Other times, a president rises to the occasion in such extraordinary fashion that the audience is somehow changed.President Obama delivered a brilliant eulogy honoring victims of Arizona’s shooting rampage. He offered comfort to an aching nation.Americans of a
ViewpointsJan. 17, 2011
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Tampering with legal principle on citizenship
Legislators from five states have unveiled model legislation with complicated provisions but a simple and pernicious premise: that children born in this country aren’t citizens if their parents are illegal immigrants.That assertion, however, is no match for more than 100 years of Supreme Court precedent holding that anyone born in the United States is an American citizen. If the states enact laws
ViewpointsJan. 17, 2011
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[William Pesek] Death of 3.5 million makes dismal economics
Anyone who thinks smoking isn’t government’s business should consider one number: 3.5 million. That’s how many people in the second-biggest economy will die each year from tobacco use by 2030, according to a report by prominent Chinese health experts and economists. More than lives will go up in smoke. So will productivity, public money and growth. China immediately should raise cigarette prices,
ViewpointsJan. 17, 2011
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[David Ignatius] South Asian tinderbox getting hotter
NEW DELHI ― Everything is going right these days for India, except for one big problem: They’re living next to a Pakistan that is coming apart politically, and Indian leaders insist with a tone of resignation that there’s nothing they can do about it. Starting with Prime Minister Manmohan Singh, top Indian officials know that their booming democracy is endangered by the growing chaos across the bo
ViewpointsJan. 17, 2011
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[Terry Miller] A tale of two recoveries: Germany vs. U.S.
Can a nation spend its way to prosperity? We don’t have to guess. The experience of two countries over the last year ― Germany and the United States ― provides an answer.Prior to last summer’s summit of the G20 group of nations, German Chancellor Angela Merkel spurned President Obama’s call to boost spending. For Merkel, control of government debt was the “urgently necessary” priority. Ultimately,
ViewpointsJan. 17, 2011
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[Sen. John Kerry] Bridging the trust deficit with China
China’s President Hu Jintao will make a historic trip to Washington this week, appearing alongside President Obama on a stage likely to be dominated by two issues: righting the vast U.S.-China trade deficit and avoiding a catastrophic war on the Korean Peninsula. Both subjects matter. Both are manageable, if we work together.But lurking in the wings is an issue of even greater long-term importance
ViewpointsJan. 17, 2011
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[Nouriel Roubini] Global risk and reward in New Year
NEW YORK ― The outlook for the global economy in 2011 is, partly, for a persistence of the trends established in 2010. These are: an anemic, below-trend, U-shaped recovery in advanced economies, as firms and households continue to repair their balance sheets; a stronger, V-shaped recovery in emerging-market countries, owing to stronger macroeconomic, financial, and policy fundamentals. That adds u
ViewpointsJan. 17, 2011
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Gyeongju to host UNWTO meeting in Oct.
The Ministry of Culture, Sports and Tourism said Monday historic city Gyeongju will host the 19th General Assembly of the United Nations World Tourism Organization, one of the largest meetings in the world tourism industry, from Oct. 8-14.The ministry said the October meeting in Gyeongju, North Gyeongsang Province, is expected to gather more than 100 ministers and deputy ministers from 154 member
TravelJan. 17, 2011
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Schenck painting disappears from National Museum
The police said Monday that it is searching for a painting which allegedly disappeared from a storage room in the National Museum of Contemporary Art in Gwacheon, Gyeonggi Province. The request for the investigation came from Yoo Chong-ha, the South Korean Red Cross President and former foreign minister, who is looking for his oil painting by Albert Schenck, a Dutch artist, according to the Seoul
PerformanceJan. 17, 2011
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Golf stars line up for Ballantine’s Championship
Some of the world’s top golfers are to vie for Korea’s biggest golf tournament this April. The world’s No.1 Lee Westwood, three-time major champion Ernie Els, No.10 Ian Poulter and Asia’s first major winner Y.E Yang will be among those competing in the Ballantine’s Championship, organizers announced on Monday.“We are delighted to announce that Westwood, Els, Poulter and Yang will all be competing
More SportsJan. 17, 2011
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Marine applicants on the rise after North Korea attack
January saw the highest ever competition ratio of young men applying to be enlisted in the Marine Corps, according to a report submitted to a lawmaker by the Military Manpower Administration on Sunday.The number of applicants for the Marine Corps for January was 4,553. The competition ratio of 4.5 to 1 is the highest since the MMA began tallying the number of applicants for the Marine Corps in 200
Social AffairsJan. 17, 2011