Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Seoul Metro to seek legal action against malicious complaints
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Golden chance to liquidate babies’ gold rings?
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[Newsmaker] Theresa May, Britain's Brexit PM
Britain's prime minister in waiting Theresa May is a pragmatist who has emerged from the chaos of the Brexit referendum unscarred, portraying herself as the one who will lead the country out of the EU.The country's second female leader after fellow Conservative and anti-EU firebrand Margaret Thatcher, May was officially -- but unenthusiastically -- in favour of Britain staying in the European Union.She kept a low profile throughout the campaign, and when the June 23 referendum delivered a shock
World NewsJuly 12, 2016
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[Newsmaker] Official apologizes for ‘dogs and pigs’ remarks
A high-ranking official from the Education Ministry made a tearful apology on Monday amid growing controversy over his remarks that described the public as “nothing but dogs and pigs.” Na Hyang-wook, the director general of the ministry’s policy planning bureau, apologized for “making inappropriate remarks as a public servant, distressing Korean people and causing a stir,” during a parliamentary meeting in the afternoon.Na was initially absent from the parliamentary meeting held in the morning,
Social AffairsJuly 11, 2016
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[Newsmaker] Dallas relives sniper nightmare
DALLAS (AFP) -- Nearly 53 years after president John F. Kennedy was assassinated while riding in a motorcade through the streets of Dallas, the bustling Texas city is reliving the nightmare of a murderous sniper. FBI agents examine the crime scene of the Dallas, Texas, sniper shooting on Saturday. AFP-YonhapJust 200 meters separate El Centro College, where shooter Micah Johnson set up an ambush to shoot at police late Thursday, and Dealey Plaza, where Kennedy was shot dead on November 22, 1963 w
World NewsJuly 10, 2016
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[Newsmaker] Park Tae-hwan ruled eligible for Rio
The world’s top sports tribunal has ruled that banned South Korean swimmer Park Tae-hwan is eligible for this year’s Summer Olympics. The Court of Arbitration for Sport on Friday handed down a decision in favor of Park following his appeal against the Korean Olympic Committee over the latter’s ban on the athlete for the Rio de Janeiro Summer Games. South Korean swimmer Park Tae-hwan (Yonhap) The CAS said the KOC rule barring athletes from competing for South Korea for three years after the end o
Olympic GamesJuly 8, 2016
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[Newsmaker] Lotte chairman Shin’s sister arrested
Prosecutors on Thursday morning arrested Shin Young-ja, the chairwoman of Lotte Foundation and older sister of Lotte Group chairman Shin Dong-bin, as they investigate allegations of her involvement in bribery and embezzlement. The Seoul Central Court issued the arrest warrant at around 2 a.m. on Thursday, and Shin was immediately taken into custody.She is the first member of the Shin family -- which rules over the Lotte empire in Korea and Japan -- to be officially arrested in prosecutors’ inves
IndustryJuly 7, 2016
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[Newsmaker] Pirates' Kang Jung-ho faces sexual assault probe in Chicago
Kang Jung-ho, Korean infielder for the Pittsburgh Pirates, is being investigated over a sexual assault allegation that emerged in Chicago, a U.S. newspaper said.Citing a police spokesman, the Chicago Tribune reported Tuesday (local time) that Kang faces the probe over an incident that allegedly took place when the Pirates were visiting the Chicago Cubs last month. Kang hasn't been charged with a crime.The Pirates said they are aware of the allegation and vowed full cooperation with the authoriti
BaseballJuly 6, 2016
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[Newsmaker] SK-CJ HelloVision merger faces disapproval
SK Telecom faced a major setback on Tuesday over the Fair Trade Commission’s rejection of its request to take over CJ HelloVision -- a 1 trillion won deal that was widely expected to give a major boost to the nation’s leading mobile carrier in expanding its media platform business.The watchdog has notified SK Telecom that it will not permit the merger plan, saying the deal impedes fair market competition. The FTC also told the telecom giant that the two should neither carry out a merger, nor any
IndustryJuly 5, 2016
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[Newsmaker] SKT launches world’s first nationwide IoT network in Korea
South Korea’s leading network operator SK Telecom launched a specialized network for the Internet of Things technology across the country on Monday, marking the world’s first commercial IoT network ever to be deployed nationwide, the company said. SKT’s newly-launched LoRaWAN network, which stands for “long-range wide-area network,” is optimized to transmit small amounts of data at very low speeds of below 5Kbps, making it a fitting network for transferring data from a given object using limited
TechnologyJuly 4, 2016
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[Newsmaker] 'I've said it all': Lotte founder’s daughter
[THE INVESTOR] Shin Young-ja, daughter of Lotte Group founder Shin Kyuk-ho and head of Lotte Foundation returned home on July 2 after 16 hours of questioning by prosecutors.“I’ve said it all,” Shin, 74, told reporters on this day, but did not elaborate. Lotte founder‘s daughter Shin Young-ja (Yonhap)The authorities had summoned Shin to the Seoul Central District Prosecutors’ office the day before to be questioned on whether she received bribes from Jung Yoon-ho, the former head of cosmetics fi
IndustryJuly 2, 2016
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[Newsmaker] Johnson withdraws from race for British PM
Leading Brexit campaigner Boris Johnson on Thursday ruled himself out of the race to succeed Prime Minister David Cameron in a bombshell announcement just a week after Britain voted to leave the EU.The decision by the former London mayor upended the leadership contest in the ruling Conservative Party and added to the deep uncertainty over how and when Britain will split from the bloc.The shock outcome of the June 23 referendum has led to massive political upheaval, with warnings about the count
World NewsJuly 1, 2016
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[Newsmaker] Ahn resigns amid party scandal
Reps. Ahn Cheol-soo and Chun Jung-bae, the two cochiefs of the opposition People’s Party, resigned from their posts Wednesday, assuming responsibility over the widening kickback scandal involving key party members.“I resign from (party) leadership, taking full political responsibility over this case,” said Ahn in an urgent briefing that followed a closed-door Supreme Council meeting.Reps. Ahn Cheol-soo (center) and Chun Jung-bae (left) announce their resignations as cochiefs of the People‘s Part
PoliticsJune 29, 2016
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[Newsmaker] Korea’s vice president of AIIB taking leave
Hong Kyttack, the Korean vice president of the Asian Infrastructure Investment Bank since February, has taken a six-month leave of absence from the Beijing-based institution amid a scandal back home surrounding his previous stint at Korea Development Bank. “Hong cited personal reasons for the leave,” Seoul’s Finance Ministry official said, confirming Hong’s absence at AIIB since last week. The Korean executive was absent at the regional bank’s maiden general meeting in Beijing on June 25, where
June 29, 2016
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[Newsmaker] Ex-DSME chief taken into custody
Former Daewoo Shipbuilding and Marine Engineering CEO Nam Sang-tae was taken into custody early Tuesday amid the widening probe into a massive accounting fraud. The Seoul Supreme Prosecutors’ Office said it was holding Nam in its custody, following a half-day questioning on Monday as a suspect in the alleged window dressing. It has found new allegations and spotted signs of destroying evidence, it added. (Yonhap)The office plans to ask the court to issue an arrest warrant for him on Wednesday. T
IndustryJune 28, 2016
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[Newsmaker] Lee U-fan to take time to examine counterfeits of his paintings
Artist Lee U-fan, whose abstract paintings have become the subjects of art forgeries, took a look at the paintings the National Forensic Service identified as counterfeits for the first time Monday, but said he has yet to conclude if they are fakes. “I will come back (to the police) the day after tomorrow. There are things I have to check again,” said Lee as he left the Seoul Metropolitan Police Agency after having examined the paintings. Lee’s attorney Choi Soon-yong explained that Lee would
PerformanceJune 27, 2016
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[Newsmaker] Anti-EU figurehead Farage vindicated by Brexit vote
Nigel Farage has devoted his career to campaigning to leave the European Union, a once-impossible seeming goal he has now achieved following a referendum campaign peppered with his signature controversies. UK Independence Party (UKIP) leader Nigel Farage in London on June 22, 2016 (AFP/Niklas Hallen)It was the rise of Farage’s UK Independence Party (Ukip) which effectively forced Prime Minister David Cameron to first promise a referendum in 2013. Farage has played a high-profile role this year i
World BusinessJune 26, 2016
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[Newsmaker] Cameron’s luck runs out
LONDON(AFP) -- Prime Minister David Cameron may go down in history as the man who led Britain out of the European Union, with a strong chance that he will not survive the country’s political earthquake.As Britain voted to become the first state ever to withdraw from the bloc on Thursday, according to national media forecasts, Cameron’s epitaph could be sealed after six years in power.“He’s put himself front and center of the Remain campaign, and to have lost the campaign would be a massive blow
World NewsJune 24, 2016
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[Newsmaker] Syrians at airport win right to seek refugee status
A South Korean court ruled Thursday in favor of nine Syrian asylum seekers who had been denied entry into the country to apply for the status. They stayed at an airport for the past six months awaiting the decision. The Incheon Administrative Court ordered the Justice Ministry to allow the asylum seekers to apply for refugee status in the country, saying depriving applicants of the chance to claim asylum should only be made in exceptional cases. A total of 28 Syrian asylum seekers filed a law
Social AffairsJune 23, 2016
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[Newsmaker] GM union plagued by corruption charges
General Motors Korea has been hit by another setback after the prosecution found some dubious cash flow in the automaker’s recruiting process. Investigators are looking into allegations that some executives and members of the labor union were bribed in exchange for hiring subcontract workers to full-time regular workers. The new revelation came amid ongoing investigations into other corruption charges involved with its suppliers. The Incheon Prosecutor’s Office said earlier this week that it is
MobilityJune 22, 2016
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[Newsmaker] [DECODED] Lotte’s ownership enigma
Cobweb, computer circuit board and maze. These are some of the words that Koreans use to describe the baffling complexity of the share ownership structure at Lotte Group, a conglomerate whose roots are in Japan but whose mainstay of business is in Korea. By any standard, whether in Korea or Japan, where poor corporate governance is considered a major drag on corporate value, Lotte’s setup looks opaque, antiquated and subpar. The image, prepared by professor Jang Ha-sung of Korea University, show
IndustryJune 21, 2016
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[Newsmaker] Lawyer elected as Rome's first female mayor
ROME (AFP) -- After 2 1/2 millennia of being ruled by men, Rome will wake up Monday under new management.Virginia Raggi was elected Sunday as the Italian capital’s first female mayor, sweeping into city hall on the ticket of the populist Five Star movement with the backing of two thirds of voters. Virginia Raggi (EPA-Yonhap)A Roman born and bred, the 37-year-old lawyer is a political novice, but the campaign saw her grow increasingly assured in her public performances as it became clear she was
World NewsJune 20, 2016