The Korea Herald

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Jan 16, 2019 Defense

Japan takes exception to S. Korean action following radar talks: reports

TOKYO (Yonhap) -- Japan has taken exception to South Korea's action following the two sides' recent talks on the ongoing military radar row, reports claimed Wednesday.Kyodo News said the Japanese defense ministry was up in arms about South Korea's announcement of incorrect information about the spat earlier this week. Images from the vidoe released by Seoul`s Ministry of National Defense. YonhapThe two countries met in Singapore on Monday with the goal of narrowing their differences on the situa

Korea sets FCEV target at 80,000 units by 2022

Government seeks to grow data industry to W30tr by 2023

Today
Automode
[Graphic News] US shutdown sends economy into uncharted waters

　The US government shutdown became the longest in history when it entered its 25th day Tuesday.　Trump was unmoved in the White House, his border wall unbuilt, and around 800,000 federal workers were still without pay and facing mounting hardships.

Jan 16, 2019
World
Thunderbird at forefront of nurturing global leaders in Industry 4.0

Thunderbird School of Global Management opens office in Seoul

Today
Social affairs
Korea sets FCEV target at 80,000 units by 2022

Government prepares measures for data industry to reach W30tr in size by 2023

Jan 16, 2019
Economy
Seoul mayor confident of expanding Zero Pay system

Seoul Mayor Park Won-soon expressed confidence in expanding the Zero Pay system this year, dismissing concerns over the lack of stores and people using the city-sponsored transaction platform aimed at lowering card payment-processing costs for small vendors. (Seoul Metropolitan Government)“We are entering a mobile age. So is payment,” Park said during a meeting with reporters Wednesday. “I understand that (the system) is a little bit inconvenient and there is a lack of incentives (to use the sy

Today
Social affairs
Barings recommends diversified investment in US, European high-yield bonds

A global asset management firm on Wednesday suggested diversified overseas investments in US and European high-yield bonds this year to reduce risk or volatility.“The point of this is to say that there can be technically driven differences in the markets that cause one market to outperform or underperform another market … again this is all corporate credit,” said David Mihalick, head of Barings’ US High Yield Investments Group, during a press conference in Yeouido, Seoul. David Mihalick, head of

Today
Finance
NK officials book flight to Washington: reports

North Korea’s chief negotiator in US-North Korea talks, Kim Yong-chol, will head to Washington on Thursday, the Chinese Foreign Ministry confirmed Wednesday, sparking speculations a second US-North Korea summit may be imminent. According to the ministry, North Korean officials, including Kim, have booked tickets to Washington that depart from Beijing on Thursday. Kim Yong-chol. YonhapKim is the vice chairman of the ruling Workers’ Party Central Committee and the chief negotiator in US-North Kor

Today
North Korea
[K-talk] Monsta X makes Billboard’s list of top 10 most anticipated K-pop releases of 2019

Monsta X’s upcoming album was included in Billboard’s list of top 10 most anticipated K-pop albums of 2019, with Billboard introducing the group as having held “(its) biggest U.S. shows to date (in 2018)” and “the first K-pop group to play on iHeart’s Jingle Ball tour.”During the group’s interview with Billboard, its member Kihyun heightened anticipation for the new album, teasing, “(Monsta X) has some stuff with other artists, but it’s top secret.” (Starship Entertainment)The septet’s EP “The C

Today
Music
[K-talk] BTS’ ‘Love Yourself’ concert documentary to hit cinemas Jan. 26 as one-day event

3,800 cinemas in 95 countries confirm screening of BTS concert film

Today
Music
‘League of Legends’ Champions Korea spring 2019 opens

Biannual esports league “League of Legends” Champions Korea’s 2019 spring split season opened Wednesday, with SK Telecom T1 and Jin Air Green Wings going head-to-head in the first match at LoL Park in Jongno, Seoul.The 10 teams competing in this split, which will continue through March, are the Afreeca Freecs, Damwon Gaming, Gen.G, Griffin, Hanwha Life, Jin Air Green Wings, Kingzone DragonX, KT Rolster, Sandbox Gaming and SK Telecom T1.SK Telecom T1 and KT Rolster have garnered much attention, w

Today
Industry
[Kim Myong-sik] Why not scrap faulty campaign pledges?

During the 2017 presidential election following the exit of Park Geun-hye, candidate Moon Jae-in promised the relocation of the presidential office to the central Seoul location of Gwanghwamun from its secluded present position. A year and seven months after he won the election, President Moon scrapped the plan.His campaigners said Cheong Wa Dae was too big and its area too wide to serve as an effective workplace for the chief executive of the state. Compared to the White House in Washington, El

Today
Columnists
[Ana Palacio] Transatlantic leadership void

Transatlantic security today looks a lot like a ghost plane. With the “crew” incapacitated -- that is, bereft of ideas or leadership -- it is flying on autopilot until it inevitably hits something or runs out of fuel and comes crashing down. To avoid disaster, those in the cockpit need to wake up -- and soon.Since the end of World War II, the United States, as the dominant European (and world) power, has piloted transatlantic security. But under President Donald Trump, the US isn’t doing much le

Today
Columnists
[Therese Raphael] Theresa May’s humbling offers a glimmer of hope

It was both a historic vote and a decisive defeat for the government. But while it was called a “meaningful vote,” parliament’s verdict on Theresa May’s Brexit deal Tuesday was actually anything but.Tuesday’s ballot was all about tactics; not one MP thought it would decide anything. As the prime minister noted herself afterward, it makes clear what parliament doesn’t want, but not what alternative can garner a majority among lawmakers. As such, it has left all factions even more entrenched.Remai

Today
Columnists
[Noah Smith] China’s growth machine no longer looks unstoppable

China’s economy is slowing. The downturn may be the result of recent events -- the trade war with the US, or retrenchment in China’s real estate and infrastructure sectors. But it may also be the latest manifestation of a trend that began a decade ago. And it may signal that China’s entire system of authoritarian state capitalism is less effective than many had believed.Recent data suggest that consumption is falling, indicating rocky times ahead:But China’s woes go far beyond the current busine

Today
Columnists

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