Most Popular
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Yoon apologizes for first lady Dior bag scandal, calls push for special probe ‘political’
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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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South Korea open to Indonesian proposal to cut KF-21 payments
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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Korea forecast to overtake Taiwan in chip production by 2032: report
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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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Why femicide and dating violence are growing issues in S. Korea
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[Newsmaker] N.K. female band cancels Beijing show
Much-anticipated performances in China by a North Korean female propaganda troupe were canceled abruptly Saturday, sparking many rumors including one related to a possible friction between Beijing and Pyongyang over the latter’s nuclear program. The performances by the Moranbong Band were supposed to begin at the National Center for the Performing Arts in Beijing at 7:30 p.m., but they were called off just three hours before. They were scheduled to continue three days from Saturday.Following the
North KoreaDec. 13, 2015
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[Newsmaker] Merkel named person of year by Time magazine
Time magazine on Wednesday named German Chancellor Angela Merkel its person of the year for 2015, hailing her leadership during debt and refugee crises that threatened to tear the European Union apart.In power for a decade at the helm of Europe’s biggest economy, the world’s most powerful woman beat runners-up, the leader of the Islamic State extremist group and Donald Trump as Time’s dominant personality of the year.German Chancellor Angela Merkel. EPA-YonhapThe U.S. magazine lauded Merkel as t
World NewsDec. 10, 2015
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[Newsmaker] Muslim provocation, vitriol are Trump strategy: analysts
WASHINGTON― Donald Trump’s incendiary new provocation on Muslims plays on American fears about extremists and Syrian refugees, in what analysts said Tuesday was a calculated move by the Republican presidential front-runner ahead of the first primary votes.The real estate mogul unveiled the most extreme proposal of his rabble-rousing campaign for 2016 on Monday when he called for a “total and complete shutdown” of Muslims entering the United States. Republican presidential candidate Donald Trump
World NewsDec. 9, 2015
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[Newsmaker] ‘Big Choi’ maps way back to ruling party
Ahead of the general elections slated for next April, the government and the ruling party are intent on strengthening their campaign front, with Cheong Wa Dae eyeing one particular figure to spearhead the job.It is considered a matter of time before Choi Kyung-hwan, the deputy prime minister, finance minister, a political heavyweight with experience in both state and parliamentary affairs and, more importantly, with unrivaled confidence bestowed by President Park Geun-hye, returns to his parliam
PoliticsDec. 8, 2015
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[Newsmaker] Matter of degree: Temperature
In climate math, the difference between 1.5 and 2 degrees is much greater than 0.5.Small nations say that for them, that half-degree could mean the difference between life and death. For larger nations, the question is what's realistic and what's not when it comes to limiting global warming.The broader issue is how much warming is too much. In 2010, international negotiators formally adopted a goal of limiting warming to 2 degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial times; Earth
World NewsDec. 6, 2015
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[Newsmaker] Rousseff fighting for political life
When she was being tortured under Brazil’s military dictatorship, Dilma Rousseff could never have imagined becoming the country’s first female president.But four decades on from those dark days in 1970, when Rousseff belonged to a violent, hard left underground group, she did indeed rise to the top ― only to face the desperate new challenge of impeachment less than a year into her second term.The launching of impeachment proceedings by the speaker of the lower house of Congress, Eduardo Cunha, l
World NewsDec. 3, 2015
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[Newsmaker] New dad Zuckerberg vows to give away Facebook fortune
SAN FRANCISCO (AFP) ― Facebook cofounder Mark Zuckerberg announced Tuesday he is a dad and pledged to give away his fortune to make the world a “better place” for baby daughter Maxima and others.In a letter to Maxima posted on his Facebook page, Zuckerberg and wife Priscilla Chan said they were going to give away 99 percent of their company shares ― estimated value $45 billion ― during their lives in an effort to make a happy and healthy world. Max Chan Zuckerberg is held by her parents, Mark Z
World NewsDec. 2, 2015
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[Newsmaker] Samsung eyes stability in reshuffle
Samsung Electronics on Tuesday named Koh Dong-jin, executive vice president in charge of mobile R&D, as the new mastermind of the company’s flagship mobile business division amid its recent struggle for profitability. A surprise appointment, the 54-year-old engineer’s replacement of the current mobile chief Shin Jong-kyun, 60, hinted at a generational shift in the Korean tech giant’s top brass. “Shin will focus more on long-term strategy and foster new growth businesses,” the company said in a
TechnologyDec. 1, 2015
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[Newsmaker] Kakao, KT pin hopes on Internet-only banks
Expectations are reaching new heights for Korea’s first online-only banks, or direct banks, to spark enormous changes not only in the country’s 120-year-old financial sector but also in other industries including information technology and retail.The financial authorities have given preliminary approval to two consortiums ― Kakao Bank and K-Bank, led by mobile messenger creator Kakao and mobile carrier KT, respectively ― to set up the banks with no brick-and-mortar branches. They will be the fir
TechnologyNov. 30, 2015
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[NEWSMAKER] What’s next for late Kim’s ill-fated son?
Kim Hyun-chul, the second son of the late President Kim Young-sam, had a powerful nickname when his father was in office -- “little president.” The junior Kim was said to have been one of the late president’s aides who stood beside him during his years of democratic struggle. After Kim Young-sam entered Cheong Wa Dae, however, Kim Hyun-chul started to peddle influence in various state affairs involving major conglomerates who wanted to reach out to the president. In 1997, as his father’s presi
PoliticsNov. 29, 2015
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[Newsmaker] Justice minister warns against protests
The government Friday heaped pressure on labor unions preparing for another massive antigovernment rally next month, warning that it will sternly clamp down on illegal protests at any cost. “Illegal and violent protests are serious and clear challenges to the country’s rule of law and to the public who love peace. Those who ignore the law and deride the government’s power will rightly pay the cost in the name of the public,” said Justice Minister Kim Hyun-woong in a press briefing. Justice Minis
Social AffairsNov. 27, 2015
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[NEWSMAKER] Russia & Turkey: Historic foes facing future
ISTANBUL, (AFP) -- Turkey's downing of a Russian war plane on the Syrian border risks inflicting significant damage on relations between Moscow and Ankara, even if they both have an interest in avoiding a permanent rupture.Modern Turkey and Russia are the successor states of empires that fought over three centuries of war from the late 16th century for the Black Sea and Caucasus but in recent years forged a sometimes uneasy but pragmatic alliance.Energy-poor Turkey relies on Russia for over half
Social AffairsNov. 26, 2015
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[Newsmaker] Bezos’ firm claims rocket breakthrough
Jeff Bezos. BloombergThe private space firm founded by Internet entrepreneur Jeff Bezos claimed a breakthrough for its space travel efforts Tuesday with the launch of a reusable rocket.Bezos announced the milestone with his first Twitter message following the launch and return of the rocket by his firm, Blue Origin.“The rarest of beasts ― a used rocket. Controlled landing not easy, but done right, can look easy. Check out video,” said the tweet, with a link to a YouTube video.The unmanned New Sh
World BusinessNov. 25, 2015
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[Newsmaker] Bright future on LPGA Tour
NAPLES, Florida (AP) -- Lydia Ko had just been handed a $1 million bonus for the second consecutive year, and the first thing she thought about buying with those newfound additional riches was a new phone.She’s had a bunch. She keeps dropping them.“My mom doesn’t like it,” Ko said. “Phones are expensive.”It’s moments like those that serve as the reminder that the New Zealander is only 18. The way she plays, no one believes she’s just a teenager. The LPGA’s rookie of the year from 2014 was the LP
More SportsNov. 24, 2015
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[Newsmaker] Macri vows new era as Argentine president
Argentina’s conservative president-elect Mauricio Macri promised a “marvelous” new era was starting for the country after he won a runoff election on Sunday.The former football executive, favored candidate of big businesses and foreign investors, is expected to be Argentina’s most economically liberal leader since the 1990s.“This is a historic day, a change of era which is going to be marvelous,” a beaming Macri told cheering supporters after his leftist rival Daniel Scioli conceded defeat.“We c
World NewsNov. 23, 2015
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[Newsmaker] Korean team wins Premier 12 baseball title
South Korea became the inaugural champion of the Premier 12 baseball tournament in Tokyo on Saturday.With its offense clicking from the start, South Korea pounded the U.S. 8-0 in the final at Tokyo Dome to take the championship. A would-be major leaguer Park Byung-ho blasted a three-run home run in the five-run fourth inning, and starter Kim Kwang-hyun threw five shutout innings for the breezy victory.South Korea opened the scoring in the top first. Leadoff Jeong Keun-woo hit a single to start t
More SportsNov. 22, 2015
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[Newsmaker] Hyundai to commemorate 100th anniversary of founder
Hyundai Motor Group and other Hyundai family companies kicked off a weeklong commemoration of the 100th birth anniversary of its founder Chung Ju-yung at the Seoul Arts Center on Wednesday night, with a performance of the world-famous orchestra Staatskapelle Dresden on Beethoven’s second and third symphonies, better known in Korea as “Hero Symphonies.” The family members of the Hyundai empire, who attended the first memorial event, included Hyundai Heavy Industries owner Chung Mong-joon, the six
IndustryNov. 19, 2015
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[Newsmaker] Hyundai gears up to push Genesis in U.S.
The Genesis G90, introduced as EQ900 in Korea (Hyundai Motor) FOUNTAIN VALLEY, California -- For quite a long time, Hyundai cars have been perceived as decently-priced high-quality vehicles in the U.S. But many things are about to change now as the company is gearing up to launch its premium brand Genesis in the world’s largest upscale automobile market. "We will present the first flagship sedan Genesis G90 (to be released as EQ900 in Korea) at the Detroit Motor Show in January. The market is qu
MobilityNov. 18, 2015
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[Newsmaker] Belgian probed as Paris attacks mastermind
A leading Belgian jihadist in Syria who has boasted in videos about planning attacks in Europe and evaded police in his home country is being investigated as a possible mastermind of the Paris attacks, a French source said Monday.Abdelhamid Abaaoud (AP-Yonhap)Abdelhamid Abaaoud, a 28-year-old Belgian of Moroccan descent, has fought along the Islamic State group in Syria and has been on the run since police stormed a jihadist cell in eastern Belgium’s Verviers in January.Investigators now see a l
World NewsNov. 17, 2015