Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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[Editorial] Lee’s U.S. visit
Although it was not originally planned that way, President Lee Myung-bak’s official state visit to Washington is about to coincide with the vote on the Korea-U.S. free trade agreement bill in U.S. Congress. It may also be said that the congressional process for the ratification of the bilateral FTA
Oct. 11, 2011
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[Editorial] New chief justice’s ideas
New Chief Justice Yang Seung-tae has a very good idea about removing the worst blot in Korea’s legal system, the favoritism between incumbent judges and prosecutors and their retired ex-colleagues who practice law. Yang, who took office late September, told a TV interview that the best way to cut th
Oct. 10, 2011
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[Editorial] Overseas Hangeul promotion
When it was reported that the local government of a remote Indonesian city decided to use Hangeul, the Korean alphabet, as its official writing system in 2009, many wondered how the decision would be practically implemented, while feeling pride in the overseas recognition of the excellence of the Ko
Oct. 10, 2011
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[Editorial] Global patent war
Competition for patents is intensifying among global technology companies as growing technological convergence has blurred the boundaries that once separated them. This race for patents was recently well illustrated by Apple Inc. and Google Inc. In June, Apple purchased some 6,000 telecom patents he
Oct. 9, 2011
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[Editorial] Punishment for sex crimes
The government has toughened punishment for sex crimes against people with disabilities. The measures, announced Friday, came following public outcry over the mild punishments given to teachers at a special school for the hearing-impaired in Gwangju, who raped and sexually assaulted their students.T
Oct. 9, 2011
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[Editorial] Brace for the worst
The nation’s foreign exchange reserves fell by a margin of $8.8 billion to $303.3 billion between the end of August and the end of September, the largest drop since November 2008. The decline, government officials say, resulted mainly from the weakening value of assets held in euros and pounds.There
Oct. 7, 2011
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[Editorial] Post-court ruling action
With Lone Star Funds found guilty of stock-price manipulation, the Financial Services Commission is set to take post-ruling measures, including ordering the Texas-based private equity firm to dispose of the stake it holds in Korea Exchange Bank in excess of a 10 percent stake.In a retrial ordered by
Oct. 7, 2011
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[Editorial] R&D efficiency
In recent years, Korea’s R&D investment by both public and private sectors has increased sharply. The incumbent government has been keen to boost R&D spending under the so-called “Science and Technology 577 Plan,” which calls for increasing the nation’s R&D investment to 5 percent of GDP by 2012 and
Oct. 6, 2011
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[Editorial] Boost for software industry
Lee Suk-chae, chairman of KT Corp., one of Korea’s leading telecom operators, has recently surprised domestic software developers by announcing that it will reform its predatory software procurement practices. His reform initiative deserves attention as it could revitalize the domestic software indu
Oct. 6, 2011
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[Editorial] Local fiscal prudence
Fiscal prudence is not just demanded of the central government. The need to maintain fiscal soundness also applies to metropolitan, provincial and municipal governments. Local debt is no less serious than national debt, on which public attention has been mainly focused until recently.But some of the
Oct. 5, 2011
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[Editorial] Take steps toward change
Rep. Sohn Hak-kyu has withdrawn his offer to resign as chairman of the main opposition Democratic Party over the party’s failure to put up a candidate for the Oct. 26 mayoral by-election. He reversed his earlier decision at the request of the party’s lawmakers.Indeed, his resignation would not solve
Oct. 5, 2011
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[Editorial] Sole opposition candidate
When lawyer-civic activist Park Won-soon declared his candidacy for the Seoul mayoral by-election a month ago, his approval rate hovered around 5 percent. When he won the endorsement of Ahn Cheol-soo, a wildly popular social critic and software businessman, Park’s approval figure shot up close to 50
Oct. 4, 2011
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[Editorial] Rage on Wall Street
Protests on Wall Street in New York, now in their third week, are growing in size. But the political and financial institutions they denounce show little sign of listening to them. A small group of college students started the demonstration on Sept. 17. They were joined by unionists, other students,
Oct. 4, 2011
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[Editorial] President-party relations
Gone are the days when the president concurrently held the presidency of the ruling party. The cabinet in the presidential office used to be the main source of the governing party finance, including funds for election campaigns. If these are the legends of the past dictatorial rule, the relations be
Oct. 3, 2011
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[Editorial] Chinese tourist rush
The Chinese national holiday celebrating the Oct. 1, 1949, founding of the People’s Republic of China stretches seven days, extending to the Oct. 8-9 weekend this year. An estimated 300 million people will be traveling during the long holiday. The China Tourism Agency expected that about 2.2 million
Oct. 3, 2011
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[Editorial] Left out of limelight
The liberal opposition groups are set to select their joint candidate on Monday, stealing the show from their divided conservative adversaries. Through the selection process, they are consolidating their unity ahead of the Oct. 26 Seoul mayoral by-election.But the ruling Grand National Party has yet
Oct. 2, 2011
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[Editorial] Speed up ratification
U.S. President Barack Obama is reportedly planning to send the Korea-U.S. free trade agreement to the Senate for ratification as early as this week. The United States is speeding up the process of ratification, with President Lee Myung-bak scheduled to make a state visit to Washington on Oct. 13.The
Oct. 2, 2011
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[Editorial] No leniency on sex crimes
A box-office hit based on the true story of sex crimes against disabled students by their brazen teachers has turned the nation into a seething cauldron of anger.The film, titled “Dogani,” which means a crucible or cauldron in English, depicts a real case that took place at Inhwa School, a special e
Sept. 30, 2011
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[Editorial] New outlets for medicines
The government is set to submit a bill to the National Assembly to make cold medicines and fever reducers available at supermarkets and convenience stores. Currently these products are sold only at licensed drug stores.The bill is a follow-up to a government plan announced in June, which is intended
Sept. 30, 2011
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[Editorial] Hong’s Gaeseong visit
Rep. Hong Joon-pyo, chairman of the ruling Grand National Party, is visiting the South Korean industrial complex in Gaeseong, North Korea, on Friday. He says his visit is aimed at learning about the difficulties South Korean companies have at the complex, adding that helping to resolve those difficu
Sept. 29, 2011