Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
3
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
4
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
5
DP leader says he will meet Yoon without conditions
-
6
Seoul to promote luxurious side of the city
-
7
First-ever meeting of president, opposition chief set to finally happen
-
8
NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
-
9
Experts raise concerns about Japan putting pressure on Naver over Line
-
10
Samsung mobile chief, Google device head meet in Seoul
-
[Newsmaker] Mysterious investor key to SK case
Financial investor and shaman Kim Won-hong is adding a new twist to the convoluted SK Group embezzlement case. Kim, a former financial aide of SK Group chairman Chey Tae-won and adviser for SK Shipping Co., was arrested on Sunday for his alleged involvement in Chey’s misappropriation scheme. Chey and his younger brother Chey Jae-won are alleged to have embezzled 45 billion won ($42 million) from SK Group subsidiaries in 2008 as the companies were making a 100 billion won investment in Benex Inve
Sept. 30, 2013
-
Outgoing top prosecutor cancels suit against daily
Outgoing Prosecutor General Chae Dong-wook said Monday he had dropped a lawsuit against the Chosun Ilbo which reported that he fathered a son in 2002 through an extramarital affair.The prosecutor stepped down on the day after being embroiled in the scandal triggered by the report. Last week, Chae filed the suit with Seoul Central District Court to demand the newspaper issue a correction, arguing that the report was totally groundless. Chae said in a statement that he had cancelled the lawsuit bu
Sept. 30, 2013
-
Black Yak CEO accused of assaulting airline employee
Kang Tae-sun, the CEO of outdoor clothing company Black Yak, is accused of assaulting an airline employee while quarreling over boarding procedures, local media reported Monday.According to YTN, an emergency 112 call center on Friday received a call reporting that an assault by an unnamed CEO of a prominent clothing company had taken place at Gimpo International Airport. Follow-up reports by various news outlets pinpointed Kang as the culprit.The CEO reportedly hit a staff member of an airline w
Sept. 30, 2013
-
Top prosecutor steps down over love child scandal
The nation's top prosecutor stepped down on Monday after being embroiled in an allegation that he had a son out of wedlock."I want to show my gratitude to my family as I put down the heavy responsibility as prosecutor general," Prosecutor General Chae Dong-wook said during a ceremony marking his resignation at the Supreme Public Prosecutors' Office.President Park Geun-hye accepted Chae's resignation Saturday, about a fortnight after Chae offered to quit over a report by the country's largest-cir
Sept. 30, 2013
-
Park takes swipe at welfare minister insisting on quitting over pension program
President Park Geun-hye said Monday that evading criticism is no solution to problems, apparently taking a swipe at her welfare minister insisting defiantly on quitting after she scaled back a promised pension program for senior citizens."Cabinet ministers and senior presidential secretaries should do their jobs with a sense of responsibility and duty," Park said during a weekly meeting with senior aides. "Evading criticism does not resolve problems. The determination and belief that we can conf
Sept. 30, 2013
-
Court finds man not guilty of paying respect to N.K. founder
An appeals court has lowered the sentence for a South Korean man charged with making an unauthorized visit to North Korea after finding him not guilty of paying his respect to late North Korean founder Kim Il-sung, a court official said Sunday.The defendant, identified only by his surname Cho, 54, made the visit to the North via Germany, Japan and China in 1995, and attended a series of events, including paying homage at Pyongyang's Kumsusan Palace, where the embalmed body of the country's found
Sept. 29, 2013
-
Hi Seoul Festival to start Wednesday for 5-day run
Hi Seoul Festival will kick off Wednesday for a five-day run, offering a variety of street performances and cultural events. The largest cultural festival in the city will present 162 street performances and parades including 24 citizen-participation events. Midair performances from six countries including France, Spain and Argentina will also be featured. The event will mainly take place in three main squares: Seoul Plaza, Gwanghwamun Square and Cheonggye Plaza. On the last day, a large-scale p
Sept. 29, 2013
-
Number of employed seniors rises sharply in Seoul
The number of employed citizens in Seoul aged 55 or older has risen more than 75 percent over the last 12 years, City Hall statistics showed Sunday, an indication that older people have become more active rather than basking in retirement.Older people who are employed in Seoul totaled 956,000 last year, up 75.4 percent from just 545,000 in 2000. Last year‘s figure is higher than the number of employed citizens aged between 15-29. Younger people in employment fell to 903,000 last year from 1.29 m
Sept. 29, 2013
-
Ministry seeks to scrap travel cancellation penalty
The government seeks to revise related laws to allow consumers to cancel trips anytime before departure without being charged cancellation fees starting in the first half of 2014.The Ministry of Justice said on Sunday the revision would ban the widespread practice as part of efforts to strengthen customers’ rights.Travelers will also be able to request price reductions when travel programs are different from those stated in the contract. Travel agencies require customers to pay penalties for boo
Sept. 29, 2013
-
Korea to spend W11.8tr on job creation next year
The government plans to increase its support for small and medium enterprises to create jobs next year including 37,000 part-time positions, the Ministry of Employment and Labor said Sunday. The government has set aside about 11.8 trillion won ($11 billion) of its proposed 357.7 trillion won budget for next year to help create jobs as part of the Park Geun-hye administration’s goal of raising the employment rate to 70 percent by 2017 from the current 64.2 percent. Spending for job provision will
Sept. 29, 2013
-
Court finds S. Korean man not guilty of paying respect to late N.K. leader
An appeals court has lowered the sentence for a South Korean man charged with making an unauthorized visit to North Korea after finding him not guilty of paying his respect to late North Korean founder Kim Il-sung, a court official said Sunday.The defendant, identified only by his surname Cho, 54, made the visit to the North via Germany, Japan and China in 1995, and attended a series of events, including paying homage at Pyongyang's Kumsusan Palace, where the embalmed body of the country's found
Sept. 29, 2013
-
Halt of nuclear reactors to cost taxpayers W3 tln this year
The halt of nuclear reactors due to malfunctions and a corruption scandal exposed this year are expected to cost nearly 3 trillion won ($2.79 billion) in taxpayers' money, an opposition legislator said Sunday.Already, the halt of nine nuclear reactors this year has caused a loss of some 2.85 trillion won for the state-run Korea Electric Power Corp. (KEPCO), according to Rep. Park Wan-joo of the main opposition Democratic Party.Such a loss was prompted as KEPCO, the country's sole power supplier,
Sept. 29, 2013
-
Number of employed senior citizens rises sharply
The number of employed citizens in Seoul aged 55 or older has risen more than 75 percent over the last 12 years, City Hall statistics showed Sunday, an indication that older people have become more active rather than basking in retirement.Older people who are employed in Seoul totaled 956,000 last year, up 75.4 percent from just 545,000 in 2000. Last year's figure is higher than the number of employed citizens aged between 15-29. Younger people in employment fell to 903,000 last year from 1.29 m
Sept. 29, 2013
-
Welfare minister refuses to return to work despite president's instruction
South Korea's welfare minister repeated his intention to step down Sunday in an apparent defiance of President Park Geun-hye's earlier decision to reject his resignation offer."I will not return to work," Minister of Health and Welfare Chin Young was quoted as saying by his ministry's spokesman.The remarks came only two days after the president refused to accept the minister's offer to resign over what he has called his failure to follow through on Park's pension pledge for senior citizens.The P
Sept. 29, 2013
-
Lawmakers propose iris recognition for foreign visitors
The ruling Saenuri Party lawmakers are pushing to introduce an iris recognition system for foreign visitors as part of the efforts to strengthen immigration control. “Some developed countries in Europe easily manage immigration by requiring far more information from foreign visitors,” said Rep. Kwon Seong-dong.Under the current regulation, only fingerprints and overall facial features are recorded as foreigners enter the country. The lawmakers said the new system should also include foreign refu
Sept. 27, 2013
-
Philippine president to visit S. Korea next month
Philippine President Benigno Aquino III will make a state visit to South Korea next month for talks with President Park Geun-hye about expanding economic cooperation and exchanges, the presidential office said Friday.The Oct. 17-18 visit will be Aquino’s first to South Korea since he took office in June 2010. The trip will also make him the first foreign leader to make a state visit to Seoul since Park took office in February.Park and Aquino will hold a summit on Oct. 17 to discuss boosting coop
Sept. 27, 2013
-
S. Korea, U.S. to hold security talks next week
South Korea and the U.S. will hold their annual high-level defense meeting in Seoul next Wednesday, where the proposed delay in the transfer of wartime operational control is expected to top the agenda.U.S. Defense Secretary Chuck Hagel is to arrive here on Sunday for a four-day visit during which he will also preside over a change-of-command ceremony at the U.S. Forces Korea headquarters in Seoul next Wednesday. Gen. Curtis Scaparrotti will replace Gen. James D. Thurman.During the Security Cons
Sept. 27, 2013
-
Ministry probe finds Chae engaged in misconduct
The Justice Ministry said Friday it has advised Cheong Wa Dae to accept the pending resignation by prosecutor general Chae Dong-wook, saying they have secured testimonies and circumstantial evidence to suspect he has engaged in an extramarital affair.In an emergency press conference, the ministry claimed that they discovered Chae to have frequented the woman in question identified as Im at her caf in Busan and a restaurant in Seoul over a long period of time. Im allegedly called herself Chae’s w
Sept. 27, 2013
-
Man charged for threatening teenager with lethal weapon
A 45-year-old South Korean man was charged without detention for allegedly chasing and threatening a student with a deadly weapon, the police said on Friday.According to Gwangjin District police, the suspect was trying to scold a group of students who were smoking and making loud noises on the street near his house in Gwangjin-gu, Seoul, around 9 p.m. Thursday.“I tried to warn them but I lost my temper and brought the knife as the students snapped at me,” the suspect said during an investigation
Sept. 27, 2013
-
Appeals court upholds prison term of SK Group chief for embezzlement
A South Korean appeals court on Friday upheld a four-year prison term imposed on the head of the country's third-largest conglomerate, SK Group, for embezzling company funds.Chey Tae-won, 53, was found guilty of embezzling nearly 50 billion won (US$45 million) from two SK Group affiliates and funneling the funds to make personal investments in stock futures and options in 2008.In the same ruling, the Seoul High Court overturned an acquittal of Chey Jae-won, the chairman's younger brother and the
Sept. 27, 2013