Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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Monthly users on local streaming platforms outpace Netflix, Disney+
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Seoul to promote luxurious side of the city
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Park apologizes again for scaled-back pension program for senior citizens
President Park Geun-hye apologized again Friday for scaling back her election promise to give a monthly allowance to all senior citizens as the opposition stepped up criticism that she deceived voters with a false promise."I am truly regretful and apologetic that we could not help but make a revision (to the pension promise) without giving it to all the people as originally planned," Park said during a lunch meeting with representatives of senior citizens on the occasion of next week's Senior Ci
Sept. 27, 2013
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P.M. rejects minister’s resignation
Controversy over the Park Geun-hye administration’s scaled-back pension plan escalated on Friday as Prime Minister Chung Hong-won sent back a resignation tendered by the health minister.Health and Welfare Minister Chin Young offered to step down from his post via email sent to reporters to take responsibility over the government’s scaled-down pension scheme.“I will resign because I feel deeply responsible as health and welfare minister,” Chin said. “I am sorry for causing the public’s concern so
Sept. 27, 2013
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Top court orders review of Hanwha chief ruling
The nation’s top court on Thursday reversed a lower court’s ruling on Hanwha Group Chairman Kim Seung-youn for embezzlement and sent the case back for a retrial.The Supreme Court said the Seoul High Court should reconsider its verdict of a three-year prison term and a fine of 5.1 billion won ($4.51 million) delivered to the 61-year-old tycoon. It said the appellate court did not properly judge some of the charges against him.Kim was indicted on charges of using company money to pay back debts of
Sept. 26, 2013
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Key figure in SK trial extradited from Taiwan
Former SK Shipping Co. advisor Kim Won-hong, a key figure in SK Group chairman Chey Tae-won’s slush fund case, was extradited to Korea from Taiwan Thursday.Taiwan accepted Korean authorities’ request for his extradition made Tuesday. Kim was singled out as a key figure in Chey’s alleged embezzlement activities, but has avoided prosecution by refusing to return to Korea from Taiwan. Kim, however, was arrested by Taiwanese authorities for violating immigration laws in July. In January, Chey was g
Sept. 26, 2013
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Park’s vision of welfare state put into question
President Park Geun-hye made a politically perilous decision Thursday to scale down a new state pension plan as her lofty welfare goals faced harsh reality six months into office. She made a public apology for failing to keep one of her key pledges that helped her sweep senior citizens’ votes in the presidential election last year. She is seemingly on a path to further disappoint the public as her other welfare programs are being pushed into retreat amid growing fiscal woes and a still lackluste
Sept. 26, 2013
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Murder suspect denies killing high-school girl
A South Korean man was arrested on charges of killing a 17-year-old girl in Hanam, Gyeonggi Province, but denied knowing about the murder, police said on Thursday. According to police, the suspect claimed he could not recall his whereabouts on Sept. 15, the day the high school girl was brutally stabbed on her way home. The suspect, 40, was riding a bike near the murder scene -- but 5 kilometers away from his home -- at 10:42 p.m. on that day, surveillance camera footage showed, but he continued
Sept. 26, 2013
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Court commutes ex-police chief's prison term
A Seoul appellate court on Thursday commuted a former police chief's 10 month prison term imposed after he was convicted of making defamatory remarks against late President Roh Moo-hyun.The Seoul Central District Court sentenced Cho Hyun-oh, who served as the commissioner of the National Police Agency from 2010 to 2012 under the former Lee Myung-bak administration, to eight months in jail."The defendant should be held liable for spreading false information without any evidence backing up his arg
Sept. 26, 2013
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UPP’s Lee indicted for plotting revolt
Unified Progressive Party Rep. Lee Seok-ki was indicted on Thursday on charges of planning a revolt.Lee was arrested Sept. 4 on suspicions of plotting a rebellion through the Revolutionary Organization or RO, the underground antigovernment organization Lee allegedly established within the UPP. “Like the People’s Democratic Revolutionary Party, the RO participated in the North’s revolutionary movement against the South. (RO) aimed to destroy liberal democracy with violence and prepared for the de
Sept. 26, 2013
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Park apologizes over scaled-back pension plan
President Park Geun-hye apologized Thursday for scaling back her election promise to pay a monthly allowance to all senior citizens, saying the current economic conditions could not sustain the program.The basic pension plan was one of Park's key campaign pledges during last year's presidential election. It called for giving a monthly allowance of 200,000 won ($186) to all senior citizens aged 65 or above regardless of their income level."I'm sorry for being unable to provide (the allowance) to
Sept. 26, 2013
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Health minister Chin remains evasive on rumors of resignation
Health Minister Chin Young remained ambiguous on Wednesday over rumors that he would step down from the post to assume responsibility for the Park Geun-hye government’s failure to keep its original plans on bigger welfare benefits.Chin, who came back from a five-day business trip to Saudi Arabia Wednesday morning, said he had thought about leaving office but declined to confirm whether he would do so. “Two weeks ago, I thought that I would no longer fulfill the duty of a health minister who sati
Sept. 25, 2013
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All Seoul taxis to install digital meters
Seoul City will have all taxis install digital meters by the end of this year as part of efforts to prevent fare fraud and improve services, officials said Wednesday.Of the 72,418 cabs operating in the city, 43 percent currently use the high-tech calculator, each receiving a 100,000 won ($93) subsidy from the city government. The city plans to make it mandatory for all taxis starting next year. Drivers who do not install them will be fined up to 1.2 million won. The digital meters can preclude d
Sept. 25, 2013
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Court acquits Hahm Sung-deuk of Korea University
The Seoul Western District Court on Wednesday acquitted Korea University professor Hahm Sung-deuk of influence peddling charges.The Korea University professor, who is well known for his studies on the presidency, is accused of taking nearly 79 million won ($73,000) from an advertisement agency chief executive, identified by his surname Yoon, in 2008 and 2009.In return, Hahm was alleged to have lobbied a senior Fair Trade Commission official to allow the agency to maintain a contract with a major
Sept. 25, 2013
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Seoul City fumes at limited size of Park’s child care subsidy plan
Seoul City on Wednesday protested the central government’s planned increase of the subsidy for free child care, saying it falls far short of the city’s demand. The central government reiterated that it would raise its contribution to the local governments’ child welfare budgets from 20 percent to 30 percent for Seoul and from 50 percent to 60 percent for other major cities and provinces. The finance, administration and welfare ministries also announced that they would increase the share of value
Sept. 25, 2013
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Park drops universal pension pledge
The government will exclude the richest 30 percent of elderly citizens from its new pension program, officials said Wednesday, in a U-turn from President Park Geun-hye’s major campaign pledge to offer a universal and noncontributory benefit to all Korean nationals aged 65 and over.The Ministry of Health and Welfare unveiled the scaled-down basic pension scheme ahead of Thursday’s Cabinet meeting, during which Park is expected to offer a public apology for failing to keep her campaign pledge that
Sept. 25, 2013
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Nearly 1 in 10 youths in need of mental counseling
A study released Monday by the Ministry of Education shows that nearly 1 in 10 primary and secondary students have emotional problems and are in need of counseling. According to the survey of more than 2.11 million students conducted between May and July, 7.2 percent, or 152,640 students, were classified as “needing attention,” while 2.2 percent, or 46,104 students, were diagnosed as “needing priority care.” The “needing attention” group refers to those who have some form of emotional disorder a
Sept. 25, 2013
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University graduates struggle to find jobs
Having completed a bachelor’s degree in business administration and psychology at a prestigious university and several internships in Korea and overseas, Ahn Ye-chan believed his future should be secure. But the 27-year-old graduate’s confidence is quickly fading in the face of a tight job market, which has forced him to lower his expectations.At a recent job fair, he could not find one position that could fulfill his dream of working in international business.“There are few entry-level position
Sept. 25, 2013
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Why business schools need to look beyond business
When the global financial crisis hit in 2008, it caught the business world off-guard, to the extent that five years on we’re still recovering from it. However, there was one professional group which was perhaps not entirely surprised by the fiasco. It wasn’t mathematicians, financial analysts or industry watchdogs as you might expect, but anthropologists. In fact, some of the earliest warnings about the financial crisis came from Gillian Tett ― a writer for the Financial Times with a Ph.D. in an
Sept. 25, 2013
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KBS unionists to enter strike
The unionists of the state-run broadcaster KBS on Wednesday pledged to strike, citing an ad hoc parliamentary committee's failure to work out measures to guarantee fair broadcasting and to improve its corporate governance structure. Following a vote on the issue, the union said they plan to walk off the job at 5 a.m., Thursday, and some 2,500 unionists are expected to take part in the strike.The union criticized a special committee on fair broadcasting for failing to make any noticeable headway,
Sept. 25, 2013
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FTC sets guideline on social commerce discounts
South Korea’s Fair Trade Commission put out revised guidelines on Wednesday to prevent social commerce firms from exaggerating discount rates and misleading unsuspecting customers. “The newly modified guidelines will provide the stepping stones in enhancing wholesome growth of the industry as well as regaining the trust of consumers,” said an official from the FTC. The FTC said that the number of consumer complaints in connection with social commerce sites reached 7,138 last year, up from 7,03
Sept. 25, 2013
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Top prosecutor sues newspaper over love child report
The prosecution chief embroiled in a lovechild scandal sued the Chosun Ilbo on Tuesday, demanding the conservative daily correct recent reports of him concealing a son born out of wedlock. Breaking two weeks of silence, Prosecutor General Chae Dong-wook requested Seoul Central District Court to order the Chosun to publish a retraction on its front page, saying the story of him having a son through an affair was “100 percent incorrect” and “groundless.”The prosecution chief said he would take eve
Sept. 24, 2013