Most Popular
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Yoon apologizes for first lady Dior bag scandal, calls push for special probe ‘political’
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Korea forecast to overtake Taiwan in chip production by 2032: report
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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] Can K-pop break free from ‘fandom’ model?
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YouTuber fatally stabbed on livestream by another YouTuber in Busan
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Yoon rebuffs opposition's call for special probe into wife
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No plan to let doctors with foreign licenses practice here anytime soon: PM
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Stray Kids hit with racism in Met Gala photo line
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[News Analysis] Yoon's first 2 years marked by intense confrontations, lack of leadership
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Yoon apologizes for wife's 'unwise conduct'
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[Editorial] Reforming lending practices
More than 30 years ago, Kim Seok-dong, chairman of the Financial Supervisory Commission, tasted the bitterness of business failure. In 1978, he started a leather jumper exporting business after working for a trading company for a year. Kim’s company ran into trouble when the second oil shock hit the nation in 1979. As business soured, he faced funding problems. To keep his company afloat, he went to his bank to get trade financing. But the bank demanded that all his family members, including eve
Dec. 28, 2011
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[Editorial] ‘A Light in My Heart’
Dr. Kang Young-woo is bidding farewell to his friends and the numerous people around the world for whom he demonstrated that physical disabilities pose no impediment to a successful life. The former policy advisor to President George W. Bush on disability and current vice chair of the World Committee on Disability has been struck with cancer.“I thank God for allowing me the time to say good-bye to the people I love after living the happiest life possible,” Dr. Kang, who has worked for promotion
Dec. 27, 2011
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[Editorial] Kim Jong-il’s funeral
North Korea holds the funeral for Kim Jong-il in Pyongyang on Wednesday, 11 days after his reported death on Dec. 17. On Monday evening, DPRK’s new leader Kim Jong-un briefly met two visitors from Seoul offering condolences, former first lady Lee Hee-ho and Hyun Jung-eun, chairwoman of the Hyundai Group, the main business partner with the North until the suspension of inter-Korean economic cooperation in 2008.Despite the suddenness of the leader’s death from a heart attack, North Korea seems to
Dec. 27, 2011
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[Editorial] Medical rebates
When 13 medical, pharmaceutical and medical instruments industry organizations held a joint rally last week to pledge to put an end to the practice of rebates between the medical goods suppliers and doctors, the Korea Medical Association, a powerful organization of doctors, did not take part. The KMA’s excuse was that the declarative action would have little effect and participating in such a move was like admitting that all doctors are corrupt.The body of nearly 100,000 medical doctors was in f
Dec. 26, 2011
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[Editorial] Crisis in school
Schools in Korea are in crisis from the elementary to university level. Problems range from costly and prevalent off-school classes and high tuition fees for college students to rows between liberal and conservative educators over “human rights” in school. Classroom violence has worsened and adult society, preoccupied with its own problems, does not know what to do. The suicide of a middle school boy in Daegu last week once again alarmed teachers and parents about the growing evil of bullying in
Dec. 26, 2011
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[Editorial] Going nuclear with caution
The government has selected two candidate sites for nuclear power plants ― Yeongdeok County of North Gyeongsang Province and Samcheok City of Gangwon Province. The two locations, both on the eastern coast, would be finalized by late next year, if they pass on-site inspections and environmental surveys.The government said each site, if finalized, would have four APR1400 reactors, the latest 1.4 million kilowatt model Korea has exported to the United Arab Emirates. Korea Hydro and Nuclear Power Co
Dec. 25, 2011
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[Editorial] Helping N.K. open up
Following the death of North Korean leader Kim Jong-il, a debate has flared up on whether his successor would push for economic reform and opening to better feed the nation’s starving 24 million people.On one side are skeptics who suggest that Kim Jong-un, the third son and heir of the deceased leader, won’t be able to change the course of the economy because his power base is still shaky.Yet a larger number of experts predict that the twenty-something new leader would seek to open the economy w
Dec. 25, 2011
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[Editorial] Preparing for reunion
As instructed at school at an early age, South Koreans used to regard eventual unification with North Korea as a matter of course. They were taught a song whose lyrics said in part: “What we desire even in our dreams is unification.”But the envisioned unification has lost much of its appeal, as evidenced by a survey conducted by a Seoul National University think tank in July. Moreover, the number of unification advocates is declining at a sizable rate.The poll by the research institute of 1,200
Dec. 23, 2011
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[Editorial] Respect for the court
Chung Bong-ju, a former opposition lawmaker who has gained fame as one of the four hosts of a podcast talk show, is set to be sent to prison because the Supreme Court upheld a lower court decision on Thursday. He had been sentenced by the lower court to one year in prison for making a false statement that President Lee Myung-bak was involved in a stock price manipulation scam.The ruling also deprived Chung of his right to election to public office for the next 10 years, making it impossible for
Dec. 23, 2011
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[Editorial] New North Korea policy
North Korean leader Kim Jong-il’s sudden death has further increased the uncertainty on the Korean Peninsula. Yet it has also provided an important opening for the two Koreas to end the hostility and pursue peace and mutual prosperity. To grab this rare opportunity, the Seoul government needs to recalibrate its North Korea strategy.Inter-Korean relations have remained deadlocked for years, especially following the North’s provocations against the South last year ― the destruction of the Navy’s C
Dec. 22, 2011
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[Editorial] Korea-China hotline
The government’s response to North Korean leader Kim Jong-il’s death has exposed some glaring problems. One such problem concerns the failure of the nation’s main spy agency to detect Kim’s death before Pyongyang’s state media announced it on Monday.The National Intelligence Service had no clue to Kim’s death for two days, revealing its serious lack of capability to gather intelligence on North Korea. The agency’s intelligence lapse kept President Lee Myung-bak in the dark about the grave situat
Dec. 22, 2011
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[Editorial] Condolences to N. Korea
South Korea has offered condolences to North Korea over Kim Jong-il’s death in the manner it apparently considered most appropriate. This should settle the dispute over whether or not the South should express condolences to the North.The South Korean government directed its condolences to the North Korean people, not to the North Korean government or Kim’s successor ― his youngest son. By doing so, President Lee Myung-bak’s administration appeared to be aiming at appeasing conservatives, who wer
Dec. 21, 2011
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[Editorial] Investor confidence
The South Korean financial markets plunged on the news about North Korean leader Kim Jong-il’s sudden death on Saturday. They did so with good reason. One of the investor concerns was undoubtedly the possibility of a power struggle breaking out in North Korea in the aftermath of Kim’s death and an ensuing calamity spilling over into the South.When his death was announced two days later, on Monday, South Korea’s benchmark stock index lost 3.43 percent, or 63 points, and closed at 1,776.93. The Ko
Dec. 21, 2011
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[Editorial] Extreme fluidity
North Koreans may think that it was fortunate that their leader, Kim Jong-il, officially anointed his successor more than a year before his death. But Kim died too soon to ensure his third son a smooth takeover as the ruler of the isolated, impoverished country of 24 million people.Pompous funeral ceremonies for the dictator who ruled the Democratic People’s Republic of Korea for 17 years after the death of his father, Kim Il-sung, will be held on Dec. 28 in freezing Pyongyang. And no one knows
Dec. 20, 2011
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[Editorial] Korea, Japan and China
President Lee Myung-bak spent more than half of his summit talks with Japanese Prime Minister Yoshihiko Noda in Kyoto on Sunday with the issue of the World War II “comfort women.” He asked for the Japanese government’s “sincere and courageous efforts” to settle the issue, which has become a major obstacle to the partnership between the two neighbors.It certainly was extraordinary that the Korean president raised the wartime sex slavery in his conversation with the Japanese head of government for
Dec. 19, 2011
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[Editorial] Last U.S. troops out
The last U.S. troops left Iraq Sunday, eight years and eight months after the first American missiles struck Baghdad, ostensibly to stop Saddam Hussein from threatening world security with weapons of mass destruction. The soldiers are returning home, but many of them will be sent to Afghanistan, where George W. Bush had started war to destroy al-Qaida, the perpetrators of the 9/11 terrorist attacks. When another Middle East invasion was made into Iraq, much of the non-Arab world supported the U.
Dec. 19, 2011
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[Editorial] Crumbling power base
President Lee Myung-bak used to say his power would remain intact until his final day in office, brushing aside the possibility of sliding into lame-duck status in his last year in office, as his predecessors did. Set to enter into the final year of his five-year presidency soon, however, he needs to look squarely at irksome truths about his crumbling power base.When his administration was inaugurated on February 2008, Lee looked so indomitable that all his detractors, both actual and potential,
Dec. 18, 2011
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[Editorial] Upward mobility
A society is certain to lose vitality and remain stagnant, if not go backward, if its members believe that they cannot move to a higher social status whatever efforts they may make. Such pessimism is gripping Korea, as evidenced by a survey recently conducted by Statistics Korea.According to the 2011 social survey of 17,000 households throughout the nation, almost half the Korean people believe they belong to the working class and six in 10 believe they cannot improve their social and economic s
Dec. 18, 2011
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[Editorial] Fostering youth start-ups
The government is rolling up its sleeves to stimulate start-up activities among young people as youth unemployment worsens.The November job data released by Statistics Korea on Wednesday put the unemployment rate among those aged 15-29 at 6.8 percent, more than double the general unemployment rate of 2.9 percent.While the overall jobless rate improved this year on the back of employment growth in the service sector, the rate among young people worsened.Korea’s youth unemployment figure may not l
Dec. 16, 2011
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[Editorial] End to GNP factionalism
Rep. Park Geun-hye has cleared the biggest hurdle to her comeback in more than five years as the leader of the embattled ruling Grand National Party.On Wednesday, she met a group of reformist GNP lawmakers who had vociferously called for dissolving the party to create a new one. They threatened to leave the party should Park reject their demands. Two hot-tempered lawmakers did declare their departure from the party on Monday.Park was in principle against disbanding the GNP. She regarded it as no
Dec. 16, 2011