Most Popular
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Korean industries gauge impact of Biden's steep tariffs on China
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Do Korean doctors make too much money?
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Another suspect behind murder of Korean tourist in Pattaya arrested in Cambodia
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Is FTC's conglomerate listing a boon or bane for Hybe?
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NewJeans to headline palace show
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Coupang's Kim Bom escapes chaebol chief designation again
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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CIO chief nominee to explain allegations at confirmation hearing
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Yoon vows to run country 'rightly' on Buddha's birthday
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[Bridge to Africa] S. Korea-to-Zimbabwe value chains can foster ‘win-win’ cooperation
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Eight to stand trial over stock price rigging
Eight people have been indicted on charges of manipulating stock prices by making false regulatory filings and spreading deceptive information via an Internet broadcast in the course of corporate takeovers, prosecution officials said Monday.Two suspects were formally arrested and six accomplices were indicted without detention. The two people, including a suspect surnamed Yang, are accused of making false regulatory filings while taking over two KOSDAQ market-listed firms, the Seoul Central Pros
June 10, 2013
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Korea signs deal to host new U.N. Green Climate Fund
South Korea signed a deal with the board of the U.N. Green Climate Fund (GCF) Monday to help the new U.N. fund establish its headquarters here, ministry officials said. South Korea was chosen last October to host the U.N. fund that aims to channel $100 billion a year in aid to help developing nations combat climate change. The headquarters of the U.N. fund will be situated in Songdo, Incheon City. Foreign Minister Yun Byung-se and Co-Chairman of the Green Climate Fund Ewen McDonald, signed the a
June 10, 2013
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Gov’t to expand on-site day care centers
The Korean government said Monday it will help develop more day care centers at workplaces to aid working moms.“On-site day care centers are the most preferred type of child care center for working moms. But due to a limited budget and strict rules on installment, only 39.1 percent of work sites have set up the centers,” said the officials.The government’s plan is to increase the ratio to more than 70 percent by 2017. While there are more than 40,000 child care centers nationwide, only a few pl
June 10, 2013
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Young couples seek inexpensive wedding spots
An increasing number of couples in South Korea are seeking wedding spots that cost less than traditional indoor venues, reflecting the trend in favor of cost-effective wedding ceremonies.The average price for renting a wedding hall in Seoul ranges from 2 to 3 million won, but when some other extra fees included, such as the payment for floral designs or guest gifts, the total cost can easily hit 10 million won. “When I had my wedding last March, I remember I spent more than 5 million won only fo
June 10, 2013
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TV personality detained for spousal abuse: report
Actor and TV personality Marco Benjamin Lee was detained for using violence against his wife, local media reported Monday.Lee, who uses the given name “Marco” when acting or appearing on TV, was arrested on Sunday for allegedly beating his wife Ahn Shi-hyun, a well-known professional golfer. South Korean news outlets, citing an unnamed police official, said Lee and Ahn got into a quarrel while discussing how to raise their child. Ahn immediately reported the case to the police, who took Lee into
June 10, 2013
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Food poisoning cases surge 80% in schools
Food poisoning cases among school children in Korea increased sharply last year compared to the year before mainly due to contaminated kimchi served in school meals, the Ministry of Education announced on Sunday.Last year, 54 cases of food poisoning were reported throughout the nation, an 80 percent increase from 30 cases the year before. Food poisoning at schools had been on a gradual decline since 2006 until last year, when 3,185 schoolchildren received hospital treatments for the illness, a r
June 9, 2013
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CJ’s alleged slush fund manager arrested
Prosecutors investigating CJ Group’s suspected tax evasion and other irregularities arrested a senior executive on Sunday for allegedly managing the conglomerate’s slush funds.Shin was head of CJ’s Hong Kong division and held a key position in the group’s financial department between 2004 and 2007. He is reported to have led CJ Group’s suspicious business expansion in Hong Kong. CJ Group, the country’s 14th-largest conglomerate, faces a growing investigation as the prosecution looks into suspici
June 9, 2013
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Pastor Cho indicted for misusing money from Yoido church
The prosecution on Saturday indicted pastor Cho Yong-gi of Yoido Full Gospel Church in Yeouido, Seoul, on charges of breach of trust and tax evasion.Cho, the founder and pastor emeritus of the country’s largest church, is responsible for losses of some 15.7 billion won ($14 million) incurred by the church, according to the Seoul Central District Prosecutors’ Office.The prosecutors said Cho had instructed the church officials to purchase stocks owned by his eldest son Hee-jun at prices nearly fou
June 9, 2013
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Sexual harassment haunts Korea
When Ahn Mi-soo, 29, overheard her male colleagues talk about the sexual abuse scandal involving ex-presidential spokesman Yoon Chang-jung, she couldn’t help but cringe.“They were saying casually that things were kind of blown out of proportion for something that could have been let by,” Ahn said.While accompanying President Park Geun-hye on her U.S. visit last month, he allegedly sexually assaulted a Korean-American who was hired to help the Seoul delegation in Washington. U.S. police are inves
June 9, 2013
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U.N. official says Korea law threatens rights defenders
U.N. special rapporteur on human rights Margaret Sekaggya said Friday that South Korea’s 65-year-old national security act posed a “seriously problematic” challenge to freedom of expression.Sekaggya had just competed a 10-day fact-finding mission to South Korea which is more used to seeing human rights criticism directed at neighboring North Korea.The South’s national security law was enacted in 1948 to protect the fledgling state from infiltration by the communist North.It prohibited the printi
June 7, 2013
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Man nabbed for exposing himself in Seoul park
A man has been arrested on charges of exposing himself in a Seoul park, police said Friday.The 40-year-old suspect, only identified by his surname Cheong, is accused of lewd conduct and walking around naked at the park in Hongje-dong in western Seoul on May 30, according to the Seoul’s Seodaemun Police Station.Cheong was previously convicted five times for sexually assaulting minors, it said.The suspect also allegedly interfered with the work of police during an investigation such as by cursing
June 7, 2013
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Warrant issued for CJ’s alleged slush fund manager
The prosecution on Friday issued an arrest warrant for a CJ Group executive it was detaining for allegedly managing the conglomerate’s slush funds.The executive surnamed Shin is the first executive to be put in custody in the scandal. He is suspected of having detailed knowledge of its illegal funds and assets held under borrowed names for the group’s chairman Lee Jay-hyun and his family. The arrest warrant was for tax evasion, the prosecution said. Earlier on Friday, investigators questioned Sh
June 7, 2013
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Gov't declares war on nuke industry corruption
The government said Friday it will review all quality warranties for parts used for nuclear reactors and devise comprehensive measures against deep-rooted irregularities in the industry in the wake of the recent scandal over fake test results which led to the shutdown of reactors.Since last week, the government has suspended the operation of six nuclear reactors, including three newly built reactors, after they were found to have been supplied with substandard control cables under falsified warr
June 7, 2013
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Police impose travel ban on KT&G CEO in bribery probe
Police on Thursday banned KT&G CEO Min Young-jin and seven others from leaving the country pending a bribery inquiry into the state-run tobacco and ginseng products maker. KT&G is suspected of giving money to government officials over a real estate deal conducted in 2010. One of the civil servants, identified by the surname Lee, was detained on Wednesday. The police suspect that Min had knowledge of the developments as the deal was overseen by the company’s real estate project team controlled di
June 6, 2013
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Probe widens in nuclear power case
Prosecutors are poised to expand their probe of irregularities involving a parts supplier to nuclear plants to Korea Hydro and Nuclear Power Co., the state-run operator.The scandal broke in May when it was revealed that Saehan TEP certified JS Cable’s products as being fit for use despite failing to meet quality standards. The revelation led to four nuclear reactors being shut down. Investigators from Busan District Prosecutors’ Office on Wednesday raided KEPCO Engineering and Construction Co.,
June 6, 2013
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Universities to admit 4,500 overseas Koreans for special entry
Universities here will select more than 4,500 overseas Koreans for special admission this year, the Korea Council for University Education announced Thursday.Reporting the college admissions process for the 2014 academic year, the KCUE noted on Thursday that 133 schools would admit a total of 4,562 overseas Koreans to undergraduate courses through the scheme. The admissions process will begin in July, and students with foreign citizenship or who have studied at foreign secondary schools for more
June 6, 2013
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‘Smoke-free zone’ goes into effect, affecting bars, cafes
The Ministry of Health and Welfare said on Thursday it would implement a new rule banning smoking at restaurants, bars and cafes. The measure goes into effect after a six-month grace period that began in December. Bars and cafes larger than 150 square meters will be designated non-smoking zones from July 1.Shops that violate the rule will face fines of 1.7 million to 5 million and individuals caught smoking in smoke-free zones will be given a 100,000 won fine.Internet cafes are also subject to t
June 6, 2013
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Japanese activist sends a stake to Seoul court
The Seoul Central District Court said on Wednesday that they received a wooden stake from Japanese radical right-wing activist Suzuki Nobuyuki.The 1-meter-long stake was sent from the ultra-right Japanese party member by express mail to the Korean court at 10 a.m. It allegedly looked similar to the one that he placed last year near the statue of a sex slave in front of the Japanese Embassy in Seoul, claiming Japan’s ownership to the Dokdo islets.Suzuki was supposed to attend the first trial that
June 6, 2013
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[Photo News] Memorial day
June 5, 2013
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Middle-class donations fall amid slump
Korea’s middle class sharply reduced donations to charity in 2011, squeezed by increasing debts and education costs. Despite the economic slowdown, Koreans across all income strata gave back to society more than in previous years ― with the exception of the middle-income bracket, said the Seoul Welfare Foundation, a group affiliated with the city government.According to its analysis of data from the Beautiful Foundation, a private charity, the middle-class participation rate increased from 54.2
June 5, 2013