Most Popular
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Jennie, Stray Kids's Met Gala attendance puts them on 'digital guillotine' blacklist
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Korean industries gauge impact of Biden's steep tariffs on China
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Controversy brews over shakeup of prosecutors amid probe of first lady
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Do Korean doctors make too much money?
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OpenAI gives ChatGPT new powers to see, hear
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Another suspect behind murder of Korean tourist in Pattaya arrested in Cambodia
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S. Korea to inject $70m into AI-powered public education
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Is FTC's conglomerate listing a boon or bane for Hybe?
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[KH Explains] Naver’s Line dilemma: Lose global footing for cash?
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NewJeans to headline palace show
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[Editorial] Putin-Medvedev pact
We can hardly make an in-depth comment on the Putin-Medvedev contract to keep themselves as the masters of the Kremlin until 2024 or possibly thereafter. But remembering the outcome of an earlier such agreement between the two Russian leaders, under which Dmitry Medvedev was elected President in 200
EditorialSept. 26, 2011
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[Editorial] Seoul mayoral race
The main opposition Democratic Party has nominated Rep. Park Young-sun, a former TV anchorwoman, as its candidate for the Oct. 26 Seoul mayoral by-election. She will face yet another contest in a week to select a unified candidate representing the liberal opposition forces.Her contender Park Won-soo
ViewpointsSept. 26, 2011
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[Daoud Kuttab] Palestine’s switch to different tactics is wise move
RAMALLAH ― The idea of Palestine becoming a permanent member of the United Nations originated, say Palestinians, with none other than U.S. President Barack Obama. Speaking at the U.N. General Assembly on Sept. 23, 2010, Obama said that he hoped that “when we come back here next year, we can have an
ViewpointsSept. 26, 2011
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[David Ignatius] Remedies for drone addiction
WASHINGTON ― What “rules of war” should apply to Predator drones, the eerily efficient weapons that cruise the skies and target adversaries with the precision of a sharpshooter’s bullet? It’s an urgent question ― not simply for the United States, which is expanding its use of drones, but for dozens
ViewpointsSept. 26, 2011
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[Andrew Wolman] The environmental case for nuclear energy
Six months after the Fukushima disaster, the repercussions of history’s second-largest nuclear meltdown are still being felt, not only in Japan but around the world. Predictably, people are rethinking the wisdom of relying on nuclear power. The German and Swiss governments have pledged to phase out
ViewpointsSept. 26, 2011
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[Albert R. Hunt] Independents still seek their 2012 anointed one
Political independents, who account for more than one-quarter of the U.S. electorate and are probably the key to the 2012 presidential election, are voicing strong reservations about Barack Obama as well as the Republican brand. As the national election goes into high gear with more than 13 months t
ViewpointsSept. 26, 2011
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The G20 must get serious about reforming the IMF
The summer jitters, which brought memories from the panicky fall of 2008, have left little doubt about how fragile the recovery from the great crisis has been and how rocky the road ahead will continue to be. This should not be entirely surprising given the magnitude of the shock endured in 2008-09.
ViewpointsSept. 26, 2011
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[Editorial] Trade currency settlement
In May, the finance ministers of Korea, China and Japan agreed to study the feasibility of using their own currencies to settle transactions among the three countries. The agreement, reached on the sidelines of the Asian Development Bank’s annual conference in Hanoi, drew attention as using local cu
EditorialSept. 25, 2011
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[Editorial] University reform drive
The Ministry of Education, Science and Technology has put five state-funded universities on the chopping block, demonstrating its resolve to reform domestic universities, regardless of whether they are private or public. The ministry’s action followed the selection earlier this month of 43 poorly ma
EditorialSept. 25, 2011
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[Peter Goldmark] Flickers of freedom across the Balkans
BELGRADE, Serbia ― Most Americans, myself included, know very little about the Balkans ― except, perhaps, that last week’s men’s U.S. Open champ, Novak Djokovic, is from Serbia. I’m visiting now, and the headline is: Countries in the Balkans are groping their way out of centuries of bloodshed and op
ViewpointsSept. 25, 2011
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[Nouriel Roubini] How to prevent a depression
AMSTERDAM ― The latest economic data suggests that recession is returning to most advanced economies, with financial markets now reaching levels of stress unseen since the collapse of Lehman Brothers in 2008. The risks of an economic and financial crisis even worse than the previous one ― now involv
ViewpointsSept. 25, 2011
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[William Pesek] Underwear model shows an economy how to grow
So this is what it has come to for Japan Inc.: a future in underwear instead of cars, color TVs or industrial robots. Long before 2010, when China surpassed it to become Asia’s biggest economy and Apple Inc. unleashed the iPad, Japan fancied itself a nation fated for global primacy. Its technology w
ViewpointsSept. 25, 2011
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Why identifying a bubble is so much trouble
We seem to be surrounded by “bubbles” ― tech stocks, real estate, and now maybe sovereign debt. You might expect that any textbook would have a precise definition of this phenomenon; some set of characteristics that distinguish sensible high prices in good times from prices that are “too high” or in
ViewpointsSept. 25, 2011
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[Marc Flandreau] Getting to yes (again) with Germany on euro crisis aid
GENEVA ― Europe’s slow-motion sovereign-debt crisis may appear unique, but it is not. Just a few decades ago, Europe had the Exchange Rate Mechanism, which collapsed during a crisis very much akin to the one afflicting Europe today. Will the outcome this time be different?The ERM was an arrangement
ViewpointsSept. 25, 2011
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[Editorial] Restoring bipartisanship
Up until several days ago, there had been no assurance that when Lee Yong-hoon retires as chief justice of the Supreme Court on Saturday, his successor would assume his duties without interruption. The presidential nominee for the top court post had been left in limbo, with the rival parties at logg
EditorialSept. 23, 2011
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[Editorial] President’s men
Corruption scandals involving people close to President Lee Myung-bak are spreading like wildfire, with many wondering whether they are a symptom or a precursor of Lee’s degeneration into premature lame-duck status.A businessman, who was convicted of falsifying corporate accounts and sentenced to a
EditorialSept. 23, 2011
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[Zhang Monan] Value cooperation over cash with Europe
Whether China and other BRICS members will give a helping hand to European countries that have been severely plagued by their looming debt crisis is now a hot topic around the world. China’s purchase of European debt would not be a show of generosity. To help extricate hard-hit European countries fr
ViewpointsSept. 23, 2011
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[Bennett Ramberg] A watershed doctrine for America
LOS ANGELES ― As the United States stumbles through its economic challenges at home, the pressure of world events will not subside. But America’s ability to address them has changed. Its fiscal weakness limits its ability to act as global policeman. Despite the relatively costless overthrow of the Q
ViewpointsSept. 23, 2011
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ASEAN should heed lessons from EU crisis
Although five major central banks have recently agreed to provide dollars for the European banking system in an effort to avert a funding crisis, the southern European countries are still not immune from a possible financial crisis that could send a tidal wave across the entire continent. The Europe
ViewpointsSept. 23, 2011
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Taiwan must choose to build home-grown defense industry
Now it is almost certain that the U.S. will refuse Taiwan’s request for the sale of the new F-16C/D fighter jets for Taiwan’s self-defense. While an official announcement on the U.S. Congress’s decision is expected next week, an unnamed senior congressional aide was widely quoted as saying that the
ViewpointsSept. 23, 2011