LG Group reshuffles key executives

The Korea Herald > Opinion

[Editorial] Welcome to the 21st century

Samsung Group has decided on a path that allows it to focus on its core businesses with the sales of its chemical and defense units to Hanwha Group announced Wednesday.The conglomerate is selling its chemical unit Samsung General Chemicals and its defense unit Samsung Techwin as well as se...

Updated : 2014.11.27 21:14

[Kim Kyung-ho] Korea’s own historical liability

In a retrial earlier this month, a Seoul appellate court ruled against South Korea’s Vietnam War veterans demanding compensation for their exposure to defoliant. Ruling in favor of two U.S. chemical ...

Updated : 2014.11.27 21:14

[Editorial] Plight of security guards

An apartment complex in the wealthy neighborhood of Apgujeong-dong in Seoul has apparently given termination notices to its security guards, technicians and supervisors. A total of 106 people stand to lose their jobs.This is the same apartment complex where a security guard recently set hi...

Updated : 2014.11.27 21:13

[Zhu Yuan] Chinese law’s application, not debate, is the key

Never has rule of law been talked about so much in China’s modern history. This is all because of the fourth plenary session of the 18th Party Central Committee in October, which for the first time i...

Updated : 2014.11.27 21:11

Obama’s lesson from Hagel ― and from ‘Mockingjay’

PARIS ― Less than 10 days before Secretary of Defense Chuck Hagel announced his resignation, he addressed a memo to senior defense leaders.“While we have been engaged in two large land mass wars over the last 13 years, potential adversaries have been modernizing their militaries, develop...

Updated : 2014.11.27 21:11

More dialogue, fewer fear tactics needed in discussion of FTAs

The subject of free trade agreements has been in the news lately, as the government warned about the ramifications of a recently inked accord between mainland China and South Korea.According to the Chung-Hua Institution for Economic Research, after the FTA between China and South Korea tak...

Updated : 2014.11.27 21:10

What Greek accounting woes can teach Asia

Asia should care about Greece, because it offers two important lessons. One, that “Greek accounting” triggered the European crisis and weakened an important trading partner to Asia. Two, that weak Greek government financial management and reporting impaired trust and confidence in govern...

Updated : 2014.11.27 21:10

[David Ignatius] At an impasse with Iran

WASHINGTON ― The Iran nuclear talks defy easy comparison: But think of a labor negotiation where it’s too costly for workers to go on strike or for management to impose a lockout, so the two sides c...

Updated : 2014.11.26 20:48

Economic inequality and the age of the Internet

The conclusion that America has become vastly more unequal over the past 35 years is beyond doubt. Since 1979, the pattern has been clear: The richer you were, the far richer you have become. And if you were poor, you probably stayed poor.But the same period has also been an era of rapid t...

Updated : 2014.11.26 20:48

[Editorial] Seeds for new politics

Korean politics is associated more with words like defiance, confrontation and deadlock than with negotiation, concession and compromise. This is one of the reasons the public has little confidence in politicians. One recent case that exposed the deep illness of Korean politics was the par...

Updated : 2014.11.26 20:47

[Editorial] No more delay

It is distressing that the National Assembly keeps dragging its feet on passing the bill to levy income tax on clergy members. The National Assembly Finance Committee’s tax subcommittee held a meeting with representatives of leading religious groups early this week. The subcommittee is wo...

Updated : 2014.11.26 20:47

[Kim Myong-sik] Listening to arguments against pension reform

The issue of how to reform the public pension system has become a central talking point. The ruling Saenuri Party has drafted a revised version of the Government Employees Pension Law under the guidel...

Updated : 2014.11.26 20:47

Harvard deserves Steve Ballmer’s millions

Now that he’s retired as chief executive officer of Microsoft, Steve Ballmer has time for popular billionaire pastimes. First, he bought a basketball team for $2 billion. Now he’s gotten into big-bucks philanthropy.Ballmer and his wife, Connie, are giving $50 million in unrestricted fund...

Updated : 2014.11.26 20:47

Let’s reinstate genuine, heartfelt applause

I was commenting to my freshman class on their just completed series of presentations, a harrowing process of public speaking while being observed, taped, and scored by professor and students alike. “You stepped out of your comfort zone,” I understated. “And that’s a good thing. I can ...

Updated : 2014.11.26 20:46

[Editorial] Ethical dilemmas

It is a welcome development that a growing number of Korean individuals and corporations are choosing to donate to charities. As the year comes to an end, more donations will be made to help those in need.A particular form of donation preferred by Koreans is to be twinned with a certain re...

Updated : 2014.11.25 21:01