Most Popular
-
1
Exports to US reach all-time high, widen gap with China
-
2
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
3
[Music in drama] Rekindle a love that slipped through your fingers
-
4
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
5
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
-
6
Seoul Metro to seek legal action against malicious complaints
-
7
On May Day, labor unions blast Yoon's foreign nanny proposal
-
8
Illit, mired in controversy, remains on Billboard charts for 5th week
-
9
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
10
[KH Explains] Will alternative trading platform shake up Korean stock market?
-
[Newsmaker] Maestro Chung bids farewell
Maestro Chung Myung-whun was met with howling cheers, applause and standing ovations from his local audience in the conductor’s final concert with the Seoul Philharmonic Orchestra on Wednesday night. The concert comes just one day after Chung submitted his official resignation as music director, citing the orchestra’s ongoing legal dispute regarding human rights violations by its former head as the reason for his departure after a decade at its helm. Maestro Chung Myung-whunPrior to the concer
PerformanceDec. 31, 2015
-
[Newsmaker] Top N.K. official in charge of Seoul ties dies
Kim Yang-gon, a top North Korean official in charge of cross-border affairs, was killed in a car accident, the North’s state media reported Wednesday, drawing attention to the impact of his death on inter-Korean relations. He was 73.Kim Yang-gon (Yonhap)The North’s Korea Central News Agency said that Kim, a secretary of the Central Committee of the ruling Workers’ Party and director of the party’s United Front Department, died at 6:15 a.m. on Tuesday following the accident, without elaborating.T
North KoreaDec. 30, 2015
-
[Newsmaker] SK chairman to divorce, admits to affair
SK Group chairman Chey Tae-won has revealed that he “has a child with another woman” and plans to divorce his wife Roh Soh-yeong, personally putting an end to the speculations surrounding his shaky marriage.In a three-page letter to the daily Segye Ilbo, which was confirmed by SK Group on Tuesday, Chey said his marriage with Roh “had been falling apart over the past 10 years” despite “several efforts to restore the relationship.” SK Group chairman Chey Tae-won and his wife Roh Soh-yeong. Yonhap
IndustryDec. 29, 2015
-
[Newsmaker] Hyundai Elevator-Schindler feud resurfaces
Years of bitter feuding between Hyundai Elevator, the nation’s leading elevator manufacturer, and Schindler Group, its No. 2 shareholder, resurfaced on Monday after a top Swiss envoy had a rare meeting with Cheong Wa Dae officials requesting the government’s intervention.According to local reports, Swiss Ambassador to Korea Jorg Al. Reding recently met An Chong-bum, senior presidential secretary on economic affairs, to ask South Korea’s top office to step in. He claimed that the Swiss firm has s
IndustryDec. 28, 2015
-
[Newsmaker] Mirae Asset to shake up brokerage industry
In South Korea where many family-run conglomerates hold the whip hand over much of the economy, the self-made billionaire Park Hyeon-joo’s bold step to create the country’s biggest brokerage has come into the spotlight after his successful bid to acquire KDB Daewoo Securities. Mirae Asset Financial Group chairman Park Hyeon-joo. (Yonhap)When a consortium of Mirae Asset Securities and Mirae Asset Global Investments was chosen as the preferred bidder to take over the country’s second-largest broke
Dec. 27, 2015
-
[Newsmaker] India's Modi arrives in Pakistan
India`s Prime Minister Narendra Modi, right, shakes hands with his Pakistani counterpart Nawaz Sharif in Lahore, Pakistan, Friday. Modi arrived in Pakistan on Friday, his first visit as prime minister to this Islamic nation that has been India`s long-standing archrival in the region. (AP-YonhapISLAMABAD (AP) _ India's Narendra Modi made a surprise visit to Pakistan on Friday, his first such trip as prime minister to this Islamic nation that has been India's long-standing archrival in the region.
WorldDec. 26, 2015
-
[Newsmaker] Hyundai Motor, union set to end wage dispute
After marathon 11-hour negotiations representatives of labor and the management of Hyundai Motor reached a tentative deal on wages Wednesday, ending months of internal conflicts that wobbled the nation’s largest automaker already facing lower-than-expected sales this year. Hyundai Motor president Yoon Gap-han (right) and labor union leader Park Yoo-ki leave after reaching a tentative agreement on wage and other labor issues in Ulsan, Thursday. (Yonhap)The two sides agreed to raise 85,000 won in
IndustryDec. 24, 2015
-
[Newsmaker] Kakao in spotlight for fat paychecks
Kakao, Korea’s fast-sprawling mobile empire built on the omnipresent phone messaging service KakaoTalk, is in the public spotlight for fat paychecks. The KOSDAQ-listed firm was the highest-paying workplace among the top 100 companies by market capitalization in Korea last year, leading by a big margin a pack of older and larger corporate players such as Samsung Electronics.According to data compiled by CEO Score, an online business information provider, Kakao employees took home an average of 17
TechnologyDec. 23, 2015
-
[Newsmaker] Tough tasks await finance minister nominee
Rep. Yoo Il-ho. YonhapYoo Il-ho, the nominee for Korea’s top economic post of deputy prime minister and finance minister, has vowed to carry on the legacy of his would-be predecessor, but the road ahead may require more, due to the multiple challenges the economy faces.“The global economic environment now is not very favorable, and navigating the local economy against this global backdrop will be a tough job,” Yoo, 60, told reporters shortly after his nomination Monday. The nominee stressed cons
Dec. 22, 2015
-
[Newsmaker] With biotech, Samsung heir aims to emulate father’s chip success
Samsung Electronics vice chairman and heir apparent Lee Jae-yong is betting big on biotechnology, a move reminiscent of his father, chairman Lee Kun-hee’s entry into the chip business almost 40 years ago. In the 1970s, there was widespread skepticism about Samsung’s entry in the chip market that was dominated by U.S. and Japanese companies. But the company poured resources into ramping up quality chips at cheaper prices. Now the company is the No. 1 player in memory chips and the business unit
IndustryDec. 21, 2015
-
[Newsmaker] 'Force Awakens' crosses $250M globally
"Star Wars" fever has spread through movie theaters around the globe, even reaching the White House, as the franchise yet again began toppling box-office records with waves of lightsaber-wielding fans.The Millennium Falcon in "The Force Awakens" (Disney Korea)Following a record $57 million from Thursday night showings in North America, and packed matinees on Friday, the Walt Disney Co. projected that "Star Wars: The Force Awakens" will surpass $215 million on the weekend, besting the record dome
World NewsDec. 20, 2015
-
[Newsmaker] Chung, ‘man of principle,’ goes against the odds
By strongly resisting Cheong Wa Dae’s efforts to press the National Assembly to pass contentious bills, Speaker Chung Ui-hwa has remained true to his “guardian of legislation” nickname. On Wednesday, the veteran doctor-turned-politician flatly turned down the presidential office’s request to put disputed bills to a parliamentary vote, saying, “The current economic situation cannot be seen as a national emergency.” He said if he did so, he would be overstepping the law.Chung, who has never shied
PoliticsDec. 17, 2015
-
[Newsmaker] U.N. watchdog decides to close nuclear weapons probe of Iran
The U.N. nuclear watchdog's 35-nation board decided on Tuesday to close its investigation into whether Iran once had a secret nuclear weapons programme, opting to support Tehran's deal with world powers rather than dwell on its past actions.In a symbolic victory for Iran, the International Atomic Energy Agency's Board of Governors passed a resolution ending its long-running inquiry but allowing inspectors to continue to police the country's nuclear programme. International Atomic Energy Agency D
InternationalDec. 17, 2015
-
[Newsmaker] Ahn’s ‘new politics’ slogan fades out after NPAD exit
“New politics” is a catchphrase that has helped Ahn Cheol-soo become the political figure he is today.This vision for new politics was the reason voters welcomed Ahn with open arms in the 2012 presidential election campaigns, despite his total lack of political experience. It was also a title he clung to when merging with the opposition camp last year.But now that years have passed since his grand political debut, the information technology guru-turned-politician leaves crucial questions to obse
PoliticsDec. 15, 2015
-
[Newsmaker] N.K. female band cancels Beijing show
Much-anticipated performances in China by a North Korean female propaganda troupe were canceled abruptly Saturday, sparking many rumors including one related to a possible friction between Beijing and Pyongyang over the latter’s nuclear program. The performances by the Moranbong Band were supposed to begin at the National Center for the Performing Arts in Beijing at 7:30 p.m., but they were called off just three hours before. They were scheduled to continue three days from Saturday.Following the
North KoreaDec. 13, 2015
-
[Newsmaker] Merkel named person of year by Time magazine
Time magazine on Wednesday named German Chancellor Angela Merkel its person of the year for 2015, hailing her leadership during debt and refugee crises that threatened to tear the European Union apart.In power for a decade at the helm of Europe’s biggest economy, the world’s most powerful woman beat runners-up, the leader of the Islamic State extremist group and Donald Trump as Time’s dominant personality of the year.German Chancellor Angela Merkel. EPA-YonhapThe U.S. magazine lauded Merkel as t
World NewsDec. 10, 2015
-
[Newsmaker] Muslim provocation, vitriol are Trump strategy: analysts
WASHINGTON― Donald Trump’s incendiary new provocation on Muslims plays on American fears about extremists and Syrian refugees, in what analysts said Tuesday was a calculated move by the Republican presidential front-runner ahead of the first primary votes.The real estate mogul unveiled the most extreme proposal of his rabble-rousing campaign for 2016 on Monday when he called for a “total and complete shutdown” of Muslims entering the United States. Republican presidential candidate Donald Trump
World NewsDec. 9, 2015
-
[Newsmaker] ‘Big Choi’ maps way back to ruling party
Ahead of the general elections slated for next April, the government and the ruling party are intent on strengthening their campaign front, with Cheong Wa Dae eyeing one particular figure to spearhead the job.It is considered a matter of time before Choi Kyung-hwan, the deputy prime minister, finance minister, a political heavyweight with experience in both state and parliamentary affairs and, more importantly, with unrivaled confidence bestowed by President Park Geun-hye, returns to his parliam
PoliticsDec. 8, 2015
-
[Newsmaker] Matter of degree: Temperature
In climate math, the difference between 1.5 and 2 degrees is much greater than 0.5.Small nations say that for them, that half-degree could mean the difference between life and death. For larger nations, the question is what's realistic and what's not when it comes to limiting global warming.The broader issue is how much warming is too much. In 2010, international negotiators formally adopted a goal of limiting warming to 2 degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial times; Earth
World NewsDec. 6, 2015
-
[Newsmaker] Rousseff fighting for political life
When she was being tortured under Brazil’s military dictatorship, Dilma Rousseff could never have imagined becoming the country’s first female president.But four decades on from those dark days in 1970, when Rousseff belonged to a violent, hard left underground group, she did indeed rise to the top ― only to face the desperate new challenge of impeachment less than a year into her second term.The launching of impeachment proceedings by the speaker of the lower house of Congress, Eduardo Cunha, l
World NewsDec. 3, 2015