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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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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Why Korean crime stories typically feature nameless, faceless perpetrators
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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Debate on 'no-seniors zones' heats up
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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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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
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Japan’s ruling party must present state vision
The Democratic Party of Japan must deepen debate on constitutional reform and present the vision of the state it aims to establish.In the Diet, Prime Minister Yoshihiko Noda said, “Amid the mountain of pressing issues we face, I don’t think constitutional revision is a top priority on the policy age
ViewpointsSept. 23, 2011
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[Peh Shing Huei] Retired leaders’ vanishing act
Former premier Zhu Rongji’s new book detailing his years in office created a media stir and strong reader interest when it went on sale early this month.But the man himself was nowhere to be seen.There were no book tours and media interviews and Zhu, 83, did not make a public appearance to promote h
ViewpointsSept. 23, 2011
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[Editorial] Digital hospital exports
Korea is set to create a new promising export industry by combining its advanced information technology with high-quality medical services and world-class construction prowess. The new export item emerging from this combination is a digital hospital ― an IT-based hospital in which all medical inform
EditorialSept. 22, 2011
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[Editorial] Curbing greedy bankers
The prosecution will soon launch a large-scale investigation into irregularities at 11 corrupt savings banks. They include five of the seven banks that were suspended Sunday for capital shortage and the six banks that avoided suspension of operations despite their lower-than-required capital adequac
EditorialSept. 22, 2011
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Israel-Palestine face-off at the United Nations
The looming United Nations vote on Palestinian statehood is not a cause for celebration ― for Palestinians or anyone else. It is merely further evidence of the utter stalemate of the Israeli-Palestinian peace process, which once promised to deliver a two-state solution but which during the last few
ViewpointsSept. 22, 2011
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[Mohamed A. El-Erian] Countering the contagious West
NEWPORT BEACH ― Imagine for a moment that you are the chief policymaker in a successful emerging-market country. You are watching with legitimate concern (and a mixture of astonishment and anger) as Europe’s crippling debt crisis spreads and America’s dysfunctional politics leave it unable to revive
ViewpointsSept. 22, 2011
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Strong countries, not Greece, should ditch euro
Europeans can’t say they weren’t warned. For a decade before the euro was launched, critics ― and many economists ― argued that one currency wouldn’t fit all, or even most, of the nations of the European Union. The unfolding euro-area crisis is proof that the critics were right. Now it’s up to the s
ViewpointsSept. 22, 2011
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[Ron Klain] Middle-class Americans suffer in silence, for now
President Barack Obama’s proposed tax on millionaires has restored the issue of “class warfare” to the forefront of politics. The new tax plan follows a week of intense campaigning by the president for his jobs bill, and of considerable attention devoted to a Census Bureau finding that poverty rose
ViewpointsSept. 22, 2011
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[Yang Sung-chul] Two beggars in classic tragedies
Even in this age of homo electronicus, the eternal question of love and hate or good and evil never ceases to lose its flame. One critical ingredient of a classic is to arouse in us such an emotion from the innermost depth of our heart.Filial ingratitude seems to be the overriding theme of both Soph
ViewpointsSept. 22, 2011
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[Joel Brinkley] Obama’s Middle East dilemma
As Palestinians head to the United Nations this week, President Obama faces one of the most excruciating dilemmas of his presidency, a predicament partly of his own making.After four decades of failed negotiations with Israel, Palestinians are hoping the U.N. will finally grant them a sovereign stat
ViewpointsSept. 21, 2011
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[Editorial] Split among conservatives
Conservative groups that are disillusioned with the ruling Grand National Party are rallying behind Lee Seog-yeon, a former minister of government legislation, who has decided to run in the Oct. 26 Seoul mayoral by-election. In response, the ruling party has abandoned the idea of encouraging him to
EditorialSept. 21, 2011
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[Editorial] Debt and budget balance
Public attention is drawn to an alarming increase in debt again, this time by lawmakers inspecting government agencies, state-invested corporations and state-funded organizations. Chastised for its failure to put debt in check, the administration has committed itself to curbing spending to balance t
EditorialSept. 21, 2011
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[Noah Feldman] Abbas’ U.N. offensive might be a step toward peace
Just what is Palestinian leader Mahmoud Abbas thinking? At the new United Nations session, he has announced, the Palestinian National Authority will ask the Security Council to recognize Palestine as a state. The application will be dead on arrival: the U.S. has already said it will veto. Abbas, in
ViewpointsSept. 21, 2011
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[David Ignatius] Mistrust among European banks
WASHINGTON ― Global financial markets depend on trust. So it wasn’t a good sign when Laurence Parisot, the head of the French business federation known as “Medef,” last month charged that reports about the weakness of French banks were an American plot. “There has been a kind of psychological warfar
ViewpointsSept. 21, 2011
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[Glenn Hubbard] Short-term stimulus won’t help U.S. in the long run
Joblessness and sluggish growth are hampering the economic recovery and Barack Obama’s political standing. Raising taxes on the rich, as the president called for on Monday, isn’t going to turn things around. To get a sense of how severe the situation is, consider this: Bringing the unemployment rate
ViewpointsSept. 21, 2011
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[Frida Ghitis] Waiting for revolution in Cuba, Burma, N.K.
For all the luxuries they enjoy, dictators live in a state of constant fear.Without the trust of their people they must always protect themselves against real, imagined, or even potential plots. They may be paranoid, but they’re right to be afraid. That’s true now more than ever.These are scary time
ViewpointsSept. 21, 2011
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[Editorial] Mutual flexibility
North Korea’s party and state media these days are churning out “commentaries” that call for a thaw in relations between the two Koreas. The wording is so earnest and enthusiastic that one cannot but wonder that some tectonic changes might be taking place in the North, at least in the editorial depa
EditorialSept. 20, 2011
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Move ahead on pipeline from Canada
It’s a boom time in the Canadian province of Alberta, where technological advances and sky-high commodity prices have turned the region’s oil sands into a sticky, tarry gold mine.Here’s a safe prediction: The United States will share in this bounty, one way or another. Canada will ship oil to its la
ViewpointsSept. 20, 2011