Most Popular
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
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South Korea open to Indonesian proposal to cut KF-21 payments
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Police seek arrest warrant for med student who killed girlfriend
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Coupang earnings hit hard by losses from ailing Farfetch
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[K-pop’s dilemma] Time, profit pressures work against originality
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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[K-pop's dilemma] Is Hybe-Ador conflict a case of growing pains?
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Somali pirates free hijacked ship, detain Korean crew
Somali pirates have released a chemical tanker they hijacked seven months ago, but are still detaining four South Korean crew members in an apparent attempt to win the release of five pirates awaiting trial in South Korea, an official said Thursday.“The MT Gemini itself was released at 3 a.m. yesterday (local time), following negotiations with the Singaporean ship owner,” an official at Seoul’s foreign ministry told reporters on condition of anonymity.“It appears that the pirates took the four S
Dec. 1, 2011
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Amount of snowfall in Korea forecast to halve by 2080s: report
As global warming continues to take a toll, the amount of snowfall on the Korean Peninsula is forecast to more than halve in 70 years from the current levels, a group of researchers forecast Thursday.The average volume of snowfall near the Han River, which runs through Seoul, reached 48.4 centimeters annually in the 2000s, but the figure will likely drop to around 30 cm in the 2040s before further diving to the 13.9-18.6 cm level in the 2080s, a research group from Konkuk University said in its
Dec. 1, 2011
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Prosecutors question SK Group vice chairman in embezzlement case
Public prosecutors investigating alleged embezzlement at SK Group summoned the group’s vice chairman Chey Jae-won on Thursday.Chey is the younger brother of SK Group chairman Chey Tae-won, who is also under investigation. Prosecutors are said to be considering summoning Chey Tae-won at a later date.The younger Chey is suspected of having taken a direct hand in embezzling a part of the 280 billion won ($254 million) SK Group firms invested in the financial firm Benex Investment. Benex Investment
Dec. 1, 2011
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Global aid partnership forged
BUSAN ― Donor and recipient countries, and representatives from international organizations, civil society and the private sector on Thursday agreed on a new global partnership for better development cooperation.More than 3,000 delegates from 160 countries, international organizations, civic groups and private sector officials attended the three-day Fourth High Level Forum on Aid Effectiveness in the South Korean city, seeking better ways to broaden global partnership in annual development aid.T
Dec. 1, 2011
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Seoul City to host many international events
Seoul has won the right to host about 100 major international events by 2018, thanks to its efforts to become one of the top convention cities in the world.City officials said Thursday that the international events would each draw more than 1,000 participants. They include the World Federation of Societies of Intensive and Critical Care Medicine, to be held in 2015 with more than 8,000 participants.The fields of the events vary from medicine and mathematics to architecture. Among renowned world
Dec. 1, 2011
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Businesses, institutions placed at forefront
The world of official development assistance is changing from superficial input to focusing on output and the strength of the medium used to deliver aid, countries and institutions agreed in Busan on Thursday. As former British Prime Minister Tony Blair stated earlier in the week, the capacity of developing countries needs to be strengthened along with the link with institutions in order for effective sustainable development outcomes.At the Fourth High Level Forum on Aid Effectiveness, which end
Dec. 1, 2011
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Prosecutors question SK Group vice chairman on embezzlement case
Public prosecutors investigating alleged embezzlement at SK Group summoned the group’s vice chairman Chey Jae-won on Thursday.Chey is the younger brother of SK Group chairman Chey Tae-won, who is also under investigation. Prosecutors are said to be considering summoning Chey Tae-won at a later date.
Dec. 1, 2011
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Court rejects arrest warrant for police chief assailant
A local court on Tuesday rejected the prosecution’s request to arrest a man accused of assaulting Jongno Police Chief Park Geon-chan. The Seoul Central District Court said it was unclear whether Park was assaulted, and that the accused, identified by his family name Kim, had the right to defend himself from the accusations.Kim, 54, was apprehended on Nov. 27 after police film footage showed him grabbing Park’s cap and yelling at him around 9:30 p.m. during a rally against the ratification of the
Nov. 30, 2011
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Leaders promise development partnership
BUSAN ― Representatives of nations and international organizations at the world’s largest aid forum in Busan on Wednesday pledged to support the creation of a new global partnership for development cooperation and work at the national level.Their pledge came in a statement finalized after the Fourth High Level Forum on Aid Effectiveness officially opened on Wednesday morning.“We pledge our leadership for the implementation of Busan Partnership for Effective Development Cooperation ― the outcome
Nov. 30, 2011
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Clinton tells developing countries to be ‘smart’ in getting aid
BUSAN ― U.S. Secretary of State Hillary Clinton urged newly emerging countries to be “smart” when building a partnership with donor countries for development.“You need to be smart and sharp because donor countries can be interested more in extracting your resources than building your capacity,“ Clinton said during her speech at the opening ceremony of the Fourth High Level Forum on Aid Effectiveness in Busan on Wednesday.“Quick fixes will not produce sustainable growth.”Clinton’s other advice fo
Nov. 30, 2011
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Women key to development
Participants stress women’s empowerment, gender equalityBUSAN ― Abolishing gender inequality is one of the dominant issues and possibly the key in increasing aid effectiveness, according to experts in Busan on Wednesday. At the Fourth High Level Forum on Aid Effectiveness, dignitaries, including U.S. Secretary of State Hillary Clinton, argued for the increased need to focus on the women’s empowerment in order for efficient economic development.Queen Rania Al Abdullah of Jordan said in her keynot
Nov. 30, 2011
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Civil society urged to work together with other players
BUSAN ― The chief of a group of civil society organizations urged its members to work with governments and the private sector to forge better global development cooperation.“Success is possible only if we work together and be inclusive of people and their civil society organizations in development,” said Antonio Tujan, Jr., co-chair of Better Aid Platform, which brings together CSOs that engage in development cooperation, in his speech at the opening ceremony of the Fourth High Level Forum on Ai
Nov. 30, 2011
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One month on the job: Seoul Mayor Park Won-soon
Seoul Mayor Park Won-soon has surprised many with his unconventional steps a month into his new job. He has broken with the strict and bureaucratic image of a mayor and gotten more personal and closer to ordinary citizens. Park invited a 39-year-old housewife with three kids to be the first one-day citizen mayor on Wednesday. Sitting on “the chair for citizens” in the mayor’s office, she received daily briefings on city affairs and spent the morning and afternoon with Park’s schedule. Experts sa
Nov. 30, 2011
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Former female prosecutor found to have peddled influence
A former female prosecutor was found to have used her influence to unfairly help a private-practice lawyer win his case in return for a luxury sedan and a designer handbag, Busan Prosecutors said Wednesday. (Yonhap News)The 36-year-old prosecutor, who resigned from office in a city near Seoul earlie
Nov. 30, 2011
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Drunk drivers to face heavier punishments
Police said Wednesday that punishments for drunk driving will be increased beginning next month, as part of efforts to curb traffic accidents.The move comes after the government in June revised laws to punish drunk drivers, imposing different fines or jail terms depending on the offenders blood-alco
Nov. 30, 2011
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Seven out of 10 teens get cursing habit from elementary years: poll
Seven out of 10 teens who commonly use swear words picked up the habit in elementary school, and many of them curse to make themselves appear cool and as an expression of affinity toward their peers, a survey showed Wednesday. According to the survey conducted in September jointly by the state-run N
Nov. 30, 2011
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World forum on aid opens in Busan
BUSAN ― The world’s largest forum on aid officially opened in Busan on Tuesday with 3,000 participants from governments, parliaments, international organizations and civic groups.Delegates participating in the Fourth High-Level Forum on Aid Effectiveness, or HLF-4, assessed the progress made since the 2005 Paris Declaration.“We should never stop in our efforts to explore effective aid. And ultimately we need to find ways to turn aid effectiveness into real development. This is exactly what the B
Nov. 29, 2011
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New twist in dispute over probe rules
GNP head backs police in investigative powers row with prosecutionThe long drawn-out conflict between police and prosecutors over investigative powers took a new twist Tuesday after the prosecutor-turned-chief of the ruling party sided with police, opposing a government plan to give prosecutors greater supervisory power in investigations.Rep. Hong Joon-pyo, chairman of the Grand National Party, expressed concerns to President Lee Myung-bak during their meeting Monday that the plan would give pro
Nov. 29, 2011
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IFAD urges more investment in Third World agriculture
Global leaders are being urged to increase investment in agriculture in developing countries at the high-level aid forum in Busan this week by a UN agency. According to the International Fund for Agricultural Development, 75 percent of the world’s poorest people ― a total of 1.4 billion― live in rural areas, depending on agriculture for their livelihoods. “About two billion people live and work on the world’s 500 million smallholder farms. Most survive on less than $2 a day,” IFAD Vice President
Nov. 29, 2011
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Africa needs global support to stand on its own: Blair
African governments need to be given greater ability to support development in the region, especially in tough economic times where every dollar counts, said Tony Blair in Busan on Tuesday.Speaking at the 4th High Level Forum on Aid Effectiveness, the former British prime minister said assistance needs to help poor countries stand on their own rather than depend on the wealthy. At a panel discussion titled “Taking Charge Not Taking Charity: How Africa Can Lead Its Development,” Blair stressed th
Nov. 29, 2011