Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Korea’s homegrown nanosatellite successfully launches into space
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Aging population to drive down Korea's housing prices from 2040: experts
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Samsung heir likely to buy new shares in Samsung Engineering
Samsung Group said Monday that Samsung Electronics vice chairman and the group’s heir apparent Lee Jae-yong could purchase up to 300 billion won ($260 million) new shares of Samsung Engineering, the troubled plant-making unit. In a board meeting on the day, Samsung Engineering decided to issue new shares worth 1.2 trillion won, or a total of 156 million shares, to improve its financial health. The plant builder suffered an operating loss of 1.52 trillion won during the third quarter of the year
Dec. 7, 2015
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H.C. Andersen’s works showcased at exhibition
The literary wonders of late Danish author Hans Christian Andersen (1805-75) are unveiled to the public free of charge at the Seoul Museum of History until Feb. 21. A collaboration with the Odense City Museum in Denmark, the exhibition titled “I Belong to the World” showcases the classic writer’s artifacts, including his bed, manuscripts and hand-cut paper crafts, as well as artworks by Danish Queen Margrethe II and late American artist Andy Warhol (1928-87), who were inspired by Andersen.Visito
Dec. 7, 2015
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U.S., Korea celebrate robust defense alliance
The Korea America Friendship Society held an annual year-end party Thursday to reflect on the 65 years of military alliance that has safeguarded the prospering commercial and cultural links between the two countries. “The security and stability ensured by our alliance is the foundation for the strong partnership between the U.S. and Korea,” said the U.S. Embassy Deputy Chief of Mission Mark Knapper in a speech at the reception at Millennium Seoul Hilton. Also in attendance were the Deputy Comman
Dec. 6, 2015
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Romania, Korea mark silver jubilee with music
Marking the silver jubilee of official ties with Korea, the Romanian Embassy held a National Day reception last Wednesday in Seoul, featuring joint performances by Romanian and Korean artists. Romanian musicians Grigore Lese and Zamfira Muresan and Korean artist Lee Kyung-hwa performed traditional songs and dances to accompaniment from wind and percussion instruments. Romanian musicians Zamfira Muresan (left) and Grigore Lese. Joel Lee / The Korea Herald“I have performed in many countries, and i
Dec. 6, 2015
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Latin America marks anniversary of regional body
The embassies of Bolivia, Ecuador, Nicaragua and Venezuela, in collaboration with the World Culture Open, celebrated the establishment of a regional organization with a promotional event dubbed “Hello! Alba-Latin America” in late November.The Bolivian Alliance for the Peoples of our America, or Alba, was founded by Cuba and Venezuela on Dec. 14, 2004, for the purpose of integrating Latin America and the Caribbean. Since then, Alba has acted as an institutional vanguard for human rights, public h
Dec. 6, 2015
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U.K. firms in Korea mark strong year
The British Chamber of Commerce in Korea finished off a productive year with an annual Christmas luncheon in Seoul that attracted over 440 guests from 110 companies, including Santa Claus.“The party is a combination of British swankiness and waggishness,” Michael Breen, author, journalist and CEO of Insight Communications Consultants, told The Korea Herald, at the Four Seasons Hotel Seoul, where the event was held. Santa Claus entertains the participants at the British Chamber of Commerce in Kor
Dec. 6, 2015
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Massive antigovernment rally ends peacefully
On Saturday afternoon, tens of thousands of protestors peacefully marched through central Seoul under police protection in the second massive rally held in three weeks against government policies, defying concerns over violent confrontation between demonstrators and the police.Thousands of protesters, many wearing masks, hold a rally Saturday at Seoul Plaza in downtown Seoul opposing the government’s reinstatement of state history textbooks and labor reform measures. Police estimated 14,000 peop
Dec. 6, 2015
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Hyundai Motor executive to meet angry netizens
Hyundai Motor Group will host a face-to-face meeting between its executive responsible for domestic sales and local netizens who have are upset with its vehicles on Dec. 14 as part of its efforts to regain customer trust and improve brand image. Hyundai Motor vice chairman Kwon Moon-sik, who is responsible for the R&D function, hosts a Q&A session with invited students in November. Hyundai MotorThe rare move was revealed on Wednesday with an online banner inviting members of bobaedream.co.kr, on
Dec. 5, 2015
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KAI seeks to boost foray into Indonesian defense market
Korea Aerospace Industries forged a strategic partnership Friday with PT Dirgantara Indonesia, a state-run plane developer, as it seeks to expand its foray into the Southeast Asian country’s defense market following the export of its trainer aircrafts. Under the agreement, the two firms will crank up cooperation in the areas of both military and civilian aviation and the development of unmanned aerial vehicles and other systems by creating a joint panel and holding two rounds of meetings every y
Dec. 4, 2015
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[Eye] Being a responsible man
Men in uniform were the objects of pure admiration for Kang Sin-myeong, South Korea’s police chief, who now commands more than 140,000 police forces across the country. Recalling his childhood when money, not his grades, was an issue for him to enter prestigious universities in the capital city of Seoul, Kang said he may have been destined to become an officer. He was offered to study at the Korean National Police University, an elite school established to nurture young police officers with four
Dec. 4, 2015
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[Weekender] Closer to the people
In light of the deadly terror attack in Paris last month and the fear it sparked around the globe, many in South Korea also began reconsidering everyday safety.Granted, amid the constant threat from the reclusive North Korea, coping with looming fear has become somewhat usual for Koreans for decades. And various global indexes, including the Better Life Index 2015 by OECD, placed South Korea as one of the safest places to live, at No. 6. Behind the unorthodox sense of security enjoyed by the pub
Dec. 4, 2015
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ECB’s extended stimulus to have limited impact on S. Korea
South Korea’s stock market turned bearish Friday at the news of the eurozone’s overnight decision to extend its stimulus program until at least March 2017.But the impact of the measure, which largely fell short of investors’ expectations, will remain limited in Korea as its economy is more dependent on the incoming rise of the U.S. Fed’s rate and the resulting exchange rate fluctuations than the immediate rate cut in Europe, observers said.The benchmark Korea Composite Stock Price Index lost 14.
Dec. 4, 2015
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Lotte seeks more female managers
Lotte Group, a leading South Korean retail giant, vowed Thursday to nurture its female leaders to provide equal opportunities in its workforce.Group chairman Shin Dong-bin said in a forum that his conglomerate would increase female leaders to 30 percent of managers by 2020 from the current rate of 11 percent. “The group expects to have the first female CEO by 2020,” the chairman said, adding the group would continue to invest in building a family-friendly working environment. “More female talent
Dec. 4, 2015
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[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
Dec. 3, 2015
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Park discusses infrastructure plans in Europe
President Park Geun-hye on Thursday held summit talks with the Visegrad Group countries in Prague and sought ways for Korea to make advancements into the middle European countries’ large infrastructure market.The Visegrad Group, also known as the Visegrad Four or V4, comprises the Czech Republic, Hungary, Poland and Slovakia. They boast high incomes and steady economic growth, with the group combined ranking as the fifth-largest economy in Europe and 12th in the world. All four nations have acti
Dec. 3, 2015
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Korea to maintain bar exam until 2021
The government announced Thursday it would hold off on plans to abolish the state-run bar exam until 2021, as controversy persists over the current law school system that was originally introduced to widen the pool of legal professionals. But the decision was scorned by both proponents and opponents of the bar exam, who said it would only extend confusion in the judiciary sector.The Ministry of Justice said it would delay scrapping the bar exam, initially set to be abolished in 2017, citing publ
Dec. 3, 2015
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Korea to raise defense budget 3.6% to W38.8tr
The country’s defense budget is set to hike 3.6 percent to 38.8 trillion won ($33.3 billion) next year on the back of an increase in salaries and production costs of utility helicopters and other weapons systems. Overall, more than 27.1 trillion won was allotted for force operations, while some 11 trillion won will be spent to advance defense capabilities such as by continuing the establishment of the Kill Chain and the Korea Air and Missile Defense preemptive strike systems slated to be complet
Dec. 3, 2015
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Bingsu-makers rush to Southeast Asian market
Korea’s summertime treat, an icy bowl of red bean-heaped bingsu, is aiming to become Southeast Asia’s all-time favorite as a growing number of dessert shops tap deeper into the market. Thai customers enjoy dessert at Sulbing’s first Thai location in Siam square, Bangkok. (Sulbing)The bingsu craze has swept across Seoul in recent years. Shops offering the shaved ice dessert, from bingsu specialty stores to coffee chains and even fast-food chains, have mushroomed on seemingly every street corner.
Dec. 3, 2015