Most Popular
-
1
Over 80,000 millionaires, 20 billionaires in Seoul: report
-
2
Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
-
3
Korean battery makers heave sigh of relief over 2-year IRA reprieve
-
4
Young Korean doctors seek plan B: cosmetic dermatology or overseas
-
5
South Korea open to Indonesian proposal to cut KF-21 payments
-
6
Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
-
7
Korea forecast to overtake Taiwan in chip production by 2032: report
-
8
Coupang earnings hit hard by losses from ailing Farfetch
-
9
[K-pop’s dilemma] Time, profit pressures work against originality
-
10
Why femicide and dating violence are growing issues in S. Korea
-
[Newsmaker] KT shows renewed vigor under new leader
KT, the nation’s No. 2 telecom carrier, has shown renewed vigor recently under the leadership of chairman and CEO Hwang Chang-gyu, who took office in January last year.For more than a decade, KT has been a fast follower behind SK Telecom, which played a leading role in creating key consumer and technological trends in the telecom industry. Although the state-run KT was privatized in 2002, a deep-rooted sense of complacency had been holding back the company and its employees.But the new CEO, form
TechnologyJune 16, 2015
-
[Newsmaker] MERS-stricken Samsung hospital faces crisis
Widely considered one of the top hospitals in South Korea, Samsung Medical Center is now being blamed for spreading Middle East respiratory syndrome in the country.As of Monday, 72 cases occurred within its premises in Gangnam-gu, southern Seoul, accounting for nearly half of the 150 Korean cases of the disease. The outbreak in the hospital alone is enough to rival United Arab Emirates, the world’s No. 3 country in terms of MERS cases with 76.An even bigger issue than the rising number of patien
Latest NewsJune 16, 2015
-
[Newsmaker] Clinton kicks off 2016 bid
NEW YORK ― Hillary Rodham Clinton formally kicked off her presidential campaign on Saturday with an enthusiastic embrace of her potential to become the first woman to win the White House, asking supporters gathered at her first major outdoor rally to join her in building an America “where we don’t leave anyone out, or anyone behind.”Hillary Rodham Clinton (Yonhap)With the downtown New York skyline and new World Trade Center over her shoulder, Clinton offered herself as a fierce advocate for thos
World BusinessJune 16, 2015
-
[Newsmaker] Swiss police seize FIFA computer data
LAUSANNE ― FIFA has handed over computer data to Swiss police investigating the 2018 and 2022 World Cup votes and suspended bidding for the 2026 tournament as it remained at the center of a football corruption storm.(Yonhap)Brazilian legend Zico, meanwhile, became the first person to officially declare himself a candidate to take over football’s scandal-tainted world governing body from Sepp Blatter.FIFA said that computer data from its Zurich headquarters had been handed to Swiss prosecutors.Sw
World NewsJune 16, 2015
-
[Newsmaker] POSCO, Daewoo Int'l clash over gas project
A crisis began escalating at Daewoo International ― the trading and overseas resource development arm of POSCO ― Wednesday following rumors that CEO Jeon Byeong-eal would quit in protest of the parent firm’s asset restructuring plan.POSCO officials declined to comment in the day, saying they would issue a statement after a decision regarding his status was made.According to industry sources, Jeon uploaded a message on the internal corporate board in May that he had sent an email to POSCO chairma
IndustryJune 10, 2015
-
[Newsmaker] Seoul mayor capitalizes on MERS response
Seoul City Mayor Park Won-soon’s latest response to Middle East respiratory syndrome appears to have given him an opportunity to demonstrate his capacity as a competent administrator and a potential alternative to the incumbent presidency that has struggled to control public fears over the MERS outbreak. Park on Tuesday met Rep. Moon Jae-in, the leader of main opposition New Politics Alliance for Democracy, and vowed to consolidate efforts to address the outbreak that left seven people dead, clo
PoliticsJune 9, 2015
-
[Newsmaker] Self-care essential to combating MERS
Hammered over lax quarantine, the Health Ministry’s Middle East respiratory syndrome control tower belatedly released the details of must-know facts to prevent the spread of the dangerous disease on Sunday.The disease had claimed the lives of five by Sunday since the first carrier was diagnosed on April 20, according to the government report. The Health Ministry also reported 14 fresh cases of the disease, raising the toll of carriers to 64. For the past three weeks, online communities and socia
June 7, 2015
-
[Newsmaker] Billionaire’s Plan B: FIFA’s presidency
South Korean billionaire Chung Mong-joon’s possible bid to run for FIFA’s top job sparked speculation here Thursday that the world football body’s former vice president could use the high-profile contest to escape his political obscurity in Korea.Chung ― a seven-term lawmaker, FIFA vice president from 1994 to 2011 and former chairman of South Korea’s conservative party ― said Wednesday he was mulling plans to enter the race to succeed FIFA president Sepp Blatter sometime by next April.His bid co
PoliticsJune 4, 2015
-
[Newsmaker] Hyundai Motor hurt by falling overseas sales
A sense of crisis is escalating at Hyundai Motor as sales by the nation’s largest carmaker fell in its two biggest overseas markets ― China and the U.S. ― in May. Shares of Hyundai Motor plunged 10.36 percent to 138,500 won ($124.8) on Tuesday, affected by lackluster sales at home and abroad. The stock hit a four-year low. On Monday, Hyundai Motor said its domestic and overseas sales fell 8.2 percent and 6.1 percent last month, respectively, from the same period a year ago. The disappointing sal
MobilityJune 3, 2015
-
[Newsmaker] Health minister on hot seat over MERS
Health and Welfare Minister Moon Hyung-pyo is on the hot seat after Middle East respiratory syndrome hit the country late last month, leaving two dead and hundreds under quarantine as of Tuesday.The disease’s steady spread sparked criticism that health officials were ill-prepared. The government’s decision to keep secret the list of hospitals holding MERS patients worsened public anger. The confirmation of two tertiary infections early Tuesday exacerbated the public’s fear.The ministry’s failure
PoliticsJune 2, 2015
-
[Newsmaker] Samsung heir steps into limelight
Samsung Electronics vice chairman Lee Jay-yong on Monday attended the award ceremony for the Ho-Am Prize, Samsung Group’s most important annual award, on behalf of the owner family for the first time.Keen attention was paid to the Samsung heir’s appearance because representing the family at the event appeared to be one of the final steps to taking to the throne at South Korea’s largest conglomerate.Established by his father, chairman Lee Kun-hee in honor of late Samsung founder Lee Byung-chull i
TechnologyJune 1, 2015
-
[Newsmaker] FIFA's Blatter comes through a new storm
ZURICH ― A new election triumph in the midst of a corruption scandal established FIFA president Sepp Blatter as the politician who can come through any storm.Unapologetically divisive, Blatter has had to deal with scandal virtually since his first day in office.And Blatter knows that he still has a long way to go to reach the aim he outlined Friday of getting FIFA in a safe port “where the boats will stop rocking.”“He sees it all like a marathon. And he is one of the most determined men you will
World NewsMay 31, 2015
-
[Newsmaker] FIFA mired in $150 million bribery case
NEW YORK ― In accusing soccer federation leaders of tarnishing the sport by taking $150 million in bribes and payoffs, U.S. prosecutors laid out a sweeping corruption case that hinges on the testimony of insiders, including some who have agreed to cooperate in plea deals.Prosecutors announced the racketeering conspiracy and other charges Wednesday against 14 defendants ― nine current and former officials with global soccer governing body FIFA, four sports marketing executives and an accused inte
SoccerMay 28, 2015
-
[Newsmaker] New NPAD key man vows ‘zero-tolerance’
The new chairman of the main opposition party’s reform panel vowed on Wednesday to overhaul the beleaguered party, urging its members to abandon their factional interest and rebuild the party for the next general election.Kim Sang-kon, the former chief of Gyeonggi Provincial Education Office, pledged “zero-tolerance” against any attempts to build factions within the New Politics Alliance for Democracy. The party has been beset by factional feuds since its crushing defeats in the April by-electio
PoliticsMay 27, 2015
-
[Newsmaker] Ministry under fire for MERS response
As Seoul on Monday confirmed its fourth MERS case ― the daughter of the third confirmed patient, who asked to be quarantined but was rejected by the authorities ― the Health Ministry is under fire for the poor handling of the potential patients.Fear of the Middle East Respiratory Syndrome in Korea further spread on Tuesday as two medical staff members who had been in contact with the patients showed symptoms of fever. The two were transported to a hospital to test for infection, the Korea Center
Social AffairsMay 26, 2015
-
[Newsmaker] Duda: Heir apparent to Kaczynski twins
WARSAW ― Andrzej Duda, the 43-year-old conservative MEP and lawyer who won Poland’s cliffhanger presidential election on Sunday, has strong ties to the powerful Kaczynski twins.The devout Catholic was close to the late president Lech Kaczynski, who died in a 2010 plane crash in Russia, and calls himself his “spiritual heir.”But Duda only became well-known after Lech’s controversial twin brother Jaroslaw Kaczynski ― a former prime minister and current leader of the Law and Justice (PiS) conservat
World NewsMay 25, 2015
-
[Newsmaker] Tough road ahead for prime minister nominee
Hwang Kyo-ahn, the nominee for South Korea’s new prime minister, is expected to face a daunting task of proving his capability to serve as the nation’s No. 2 during his parliamentary confirmation hearing, with the opposition blocs already voicing concerns about what they alleged as his unbalanced political views.President Park Geun-hye designated current Justice Minister Hwang on Thursday to fill the prime minister’s post left vacant for nearly a month by ruling Saenuri Party’s Rep. Lee Wan-koo
Social AffairsMay 21, 2015
-
[Newsmaker] Steve Yoo asks to be taken back
So, Steve Yoo wants to be taken back into Korea, the country he abandoned 13 years ago to avoid military service. In an interview in Hong Kong late Tuesday night, the ’90s pop star who performed as Yoo Seung-jun ― but is now better known here as a high-profile draft-dodger ― knelt down, shed tears and apologized for his “foolish” decision in 2002 to renounce his Korean citizenship and become a U.S. citizen.The move, made just three months before the scheduled conscription and despite his repeate
PeopleMay 20, 2015
-
[Newsmaker] Cho's resignation worsens pension tension
A top presidential aide’s resignation worsened tensions on Tuesday between the main political parties over a draft law reforming the civil service pension bill, as Korea’s top lawmakers struggled to restart the negotiations on the legislation.Cho Yoon-sun was the top secretary for political affairs at Cheong Wa Dae, a liaison job between the ruling Saenuri Party and President Park Geun-hye. Park approved Cho’s resignation Monday. Cho cited her failure to persuade parties to pass the civil servic
PoliticsMay 19, 2015
-
[Newsmaker] Lone Star suit weighs heavily on Seoul
The ongoing suit over a multibillion-dollar investment compensation against U.S. private equity firm Lone Star is a battle with no retreat for the South Korean government, which has much to lose.The $4.7 billion dispute settlement has so far cost 24 billion won ($22 million) in litigation expenses, and the amount is expected to escalate further in upcoming years, now that the hearing has kicked off.Much to Seoul’s concern, however, the legal dispute is currently in a deadlock, with no conspicuou
May 18, 2015