Most Popular
-
1
Medical profs at top hospitals suspend surgeries, clinics
-
2
Exports to US reach all-time high, widen gap with China
-
3
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
4
Samsung chip business back on track, logs W1.9tr operating profit in Q1
-
5
Shinsegae faces showdown with investors over SSG.com's delayed IPO
-
6
[Music in drama] Rekindle a love that slipped through your fingers
-
7
Hopes rise for possible Gaza truce deal
-
8
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
9
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
-
10
On May Day, labor unions blast Yoon's foreign nanny proposal
-
Economist to lead DUP nomination panel
The main opposition Democratic United Party appointed Kang Chul-kyu, Woosuk University president and former Fair Trade Commission chairman, to lead the party’s candidate nomination screening committee for the upcoming April general elections.Kang has chaired various organizations, including the Citizens’ Coalition for Economic Justice, the Regulatory Reform Committee and an anti-corruption committee, which is the former body of the current Anti-corruption and Civil Rights Commission.Throughout h
Feb. 1, 2012
-
Police request prosecution rethink its investigation directive
The police recommended earlier this week that the prosecution rethink its directive for them to investigate a fraud case, a move that ratcheted up tension between the two over their investigative authority.On Monday, a senior official at the Namhae Police Station in South Gyeongsang Province made the recommendation to the Jinju branch under the Changwon District Prosecutors’ Office, officials said Wednesday.This marked the first such case since the modified presidential decree on the criminal in
Feb. 1, 2012
-
Spacecraft measures ‘alien’ particles from outside solar system
Using data from NASA's Interstellar Boundary Explorer (IBEX) spacecraft, an international team of researchers has measured neutral "alien" particles entering our solar system from interstellar space. A suite of studies published in the Astrophysical Journal provides a first look at the constituents
Feb. 1, 2012
-
Ahn slides for the first time in poll
Surge of former Roh aide makes it a three-way race Moon Jae-in, an aide to late former President Roh Moo-hyun, excelled software guru Ahn Cheol-soo for the first time in a poll of potential presidential candidates. The poll, released Tuesday by Ohmynews, a progressive online news outlet and conducted by local pollster Research View, showed Moon leading Ahn by 29.3-27.9 percent as the most suitable person to represent the liberal opposition in the presidential election at the end of the year. In
Jan. 31, 2012
-
Too much pressure on conglomerates could dampen investment, employment: Lee
President Lee Myung-bak voiced concern Tuesday that pressuring conglomerates too hard could dampen their hiring and investment practices as politicians seek a tighter rein on chaebol to woo voters ahead of April’s general elections.The remark came days after the main opposition Democratic United Party said it will consider creating a “chaebol tax” and revive a regulation aimed at keeping conglomerates from expanding recklessly amid criticism that chaebol prey on smaller firms and abuse their pow
Jan. 31, 2012
-
Ex-KCC chief implicated in new bribery scandal
A weekly magazine reported Tuesday that former Korea Communications Commission Chairman Choi See-joong attempted to bribe pro-Lee Myung-bak lawmakers in 2008.Choi denies all allegations, saying that he has no knowledge of the matter. Choi is a close confidant of the president and has been dubbed his political mentor.He served as the chief of the KCC since its launch in 2008 until this sudden resignation on Jan. 27. According to the report, Choi gave 35 million won ($31,000) to three pro-Lee lawm
Jan. 31, 2012
-
GNP names legal experts to nomination panel
Council appoints 11 members who will select candidates for April electionsThe ruling Grand National Party’s emergency leadership council organized on Tuesday its 11-member nomination committee for the upcoming April general elections.The party allocated non-parliamentary experts from various social fields to key posts.The committee chairmanship was taken by Chung Hong-won, former senior prosecutor and director of the Korea Legal Aid Corporation, and the vice chairman post by Chong Jong-sup, dean
Jan. 31, 2012
-
Moon tops Ahn for 1st time in poll
Surge of former Roh aide makes it a three-way race Moon Jae-in, an aide to late former President Roh Moo-hyun, excelled software guru Ahn Cheol-soo for the first time in a poll of potential presidential candidates. The poll, released Tuesday by Ohmynews, a progressive online news outlet and conducted by local pollster Research View, showed Moon leading Ahn by 29.3-27.9 percent as the most suitable person to represent the liberal opposition in the presidential election at the end of the year. In
Jan. 31, 2012
-
Investigators raid DUP office over vote buying
Prosecutors raided the campaign office of a preliminary candidate of the Democratic United Party in Bucheon, Gyeonggi Province on Tuesday, in connection with alleged vote-buying in a party leadership race.The accused, Kim Kyung-hyup, is alleged to have given envelopes containing cash to some of the central committee members of the party on Dec. 26 during a party leadership contest in Seoul.The prosecution summoned Kim for questioning.The investigators have secured CCTV footage showing a person s
Jan. 31, 2012
-
Moon tops Ahn for 1st time in poll
Surge of former Roh aide makes it a three-way race Moon Jae-in, an aide to late former President Roh Moo-hyun, excelled software guru Ahn Cheol-soo for the first time in a poll of potential presidential candidates. Moon Jae-in (Yonhap News)The poll, released Tuesday by Ohmynews, a progressive o
Jan. 31, 2012
-
Former KCC chief alleged in new bribery scandal
A weekly magazine reported Tuesday that former Korea Communications Commission Chairman Choi See-joong attempted to bribe pro-Lee Myung-bak lawmakers in 2008.Choi denies all allegations saying that he has no knowledge of the matter. Choi is a close confidant of the president and has been dubbed
Jan. 31, 2012
-
Korean political parties shifting policies leftward
Whichever party wins the parliamentary election in April, Korea’s new legislature is likely to take a turn to the left on major economic policies. Preparing for the vote, both ruling and opposition parties are unveiling platforms that include an interventionist approach to ensure fair trade and economic justice, such as more restraints on the country’s family-run conglomerates such as Samsung, LG and Hyundai Motors, locally called chaebol. On Monday, the ruling Grand National Party finalized its
Jan. 30, 2012
-
Left-wing party to raise tax for top-income bracket
The main opposition Democratic United Party seeks to raise the tax burdens for the top income bracket and conglomerates in an attempt to boost the government’s welfare resources by more than 20 trillion won ($1.8 billion) by 2017.The move is regarded as the left-wing’s party attempt to compete with the progressive policies recently adopted by the ruling party.“It was inevitable to increase tax for the rich in order to not to inflict burden on the majority of the population,” said Rep. Lee Yong-s
Jan. 30, 2012
-
GNP confirms ‘people-friendly’ platform
Emergency council stresses economic justice, downplays N.K. rightsThe ruling Grand National Party revised its party platform on Monday in a bid to shake off its image as a rich-friendly party and raise its approval rating ahead of the general election slated for April.The party’s emergency leadership council passed a new platform with 10 pledges, among which social welfare and employment were placed as top priorities.The platform also stressed economic justice, a fair distribution of wealth and
Jan. 30, 2012
-
Presidential aide suspected of role in GNP bribery scandal
Prosecutors have secured statements backing up allegations that a senior presidential aide was deeply involved in the Grand National Party's (GNP) cash-for-votes scandal in 2008, when he was serving as a secretary for a candidate for chairman of the ruling party.Kim Hyo-jae, senior secretary for pol
Jan. 30, 2012
-
Foreign ministry raided by prosecutors over stock scandal
Prosecutors raided the Ministry of Foreign Affairs and Trade on Monday for evidence of whether its disgraced energy envoy was involved in stock-rigging. Seoul Central District Prosecutors’ Office dispatched investigators to confiscate computer hard disks and documents at the office of Kim Eun-seok,
Jan. 30, 2012
-
Korea's struggling ruling party to announce its new name
In a symbolic move to counter its falling popularity ahead of April's parliamentary elections, the ruling Grand National Party will announce its new name later this week, party officials said Sunday. The GNP is in an emergency mode after losing the Seoul mayoral race in October last year
Jan. 29, 2012
-
Lee’s clique falls in disgrace
Corruption scandals involving confidants accelerate president’s fall into lame-duck statusPresident Lee Myung-bak’s last year in office could be somewhat lonesome with most of his closest confidants being forced to leave his side due to corruption.The departures of Lee’s confidants are also likely to push him further into lame-duck status, political analysts said. The conservative leader has already faced isolation, with his ruling Grand National Party trying to distance itself from him ahead o
Jan. 29, 2012
-
DUP unveils anti-chaebol election platform
Opposition party to push for new tax, revival of investment cap on conglomeratesThe largest opposition party said Sunday that it would push for the revival of a repealed law that restricts investments of large conglomerates, in a bid to rein in the nation’s large family-owned conglomerates such as Samsung Group.The Democratic United Party’s corporate reform plan also envisions a new tax on the top business groups, locally called chaebol, and other measures to protect small- and medium- sized fir
Jan. 29, 2012
-
Sohn says won’t run in April general election
GWANGJU (Yonhap News) ― Former main opposition party leader Sohn Hak-kyu said Saturday he will not run in April’s parliamentary elections, indicating he will instead focus on his presidential bid later this year.Sohn, 64, stepped down as chairman of the then Democratic Party last month to pave the way for the launch of the Democratic United Party, a merger of the DP and the minor opposition People’s Participation Party. The move was aimed at boosting liberals’ chances in April’s general election
Jan. 29, 2012