Most Popular
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Yoon, Lee end first talks with differences, agree to meet more
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What is Hybe’s next move?
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China outpaces Korea in smaller OLED shipments for 1st time
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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[Herald Interview] Mom’s Touch seeks to replicate success in Japan
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Police to open alleged stalking probe over pastor over Dior bag scandal
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'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
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[News Focus] Lee tells Yoon that he has governed without political dialogue
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KT launches new mobile plans for foreign residents
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Seoul to deploy more military doctors to fill med prof void
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Events to mark anniversary of Kim Dae-jung’s death
Liberal political circles are holding a series of events to mark the second anniversary of the death of former President Kim Dae-jung, who they have long hailed for his lifelong devotion to promoting democracy and inter-Korean reconciliation.Observers said that such a collective move to mark the lat
Aug. 16, 2011
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Chung’s donation draws attention to his presidential ambitions
Former Grand National Party chairman and the country’s third-richest man Chung Mong-joon took a major step in his run-up to the presidential election next year by donating 200 billion won for charity.Former Hyundai Group affiliates announced Tuesday that they will set up a 500 billion won ($467 mill
Aug. 16, 2011
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GNP backs Lee’s call for kinder capitalism
Opposition demands abandonment of growth-first policy, says more welfare neededThe ruling party geared up its policy drive for the working class a day after President Lee Myung-bak trotted out a new socioeconomic vision for compassionate capitalism. Opposition politicians called on Lee to start with
Aug. 16, 2011
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Lawmaker calls for budget hike for East Sea campaign
South Korea should increase its budget and assign more diplomats to bolster its campaign to change the international community’s name for the waters separating the Korean Peninsula and Japan to the “East Sea,” a ruling party lawmaker said Tuesday.Amid renewed passions over the East Sea name, Rep. Ch
Aug. 16, 2011
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Lee calls for measures to curb expected rise in home rental
President Lee Myung-bak expressed concern Tuesday that home rental prices are feared to spike in the fall again and instructed the Cabinet to study ways to curb them, his spokesman said.Earlier this year, home rental prices rose sharply, pulling up overall consumer prices. In April alone, rental pri
Aug. 16, 2011
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Chaebol pushed to change their ways
Latest bout of friction with political circles presses conglomerates to assume more social responsibilityWhen asked what word first comes to mind when large corporations are mentioned during a TV interview in July, Grand National Party Chairman Hong Joon-pyo gave an answer that left his interviewer
Aug. 16, 2011
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GNP signs cooperation agreement with Vietnam's Communist Party
South Korea's ruling Grand National Party signed an agreement with Vietnam's Communist Party on Monday to boost exchanges and cooperation between the two sides, an official said.GNP Secretary General Kim Jung-kwon signed the memorandum of understanding with Le Hong Anh, a top official of the Communi
Aug. 15, 2011
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Parties square off over school meals
Seoul mayor lambasts attempts to discourage voting in referendum on Aug. 24Rival parties campaigned for and against Seoul City’s upcoming poll on a controversial free school meal program on the national holiday Monday, striving to sway citizens’ oppinions less than 10 days before rare referendum on
Aug. 15, 2011
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Full text of President Lee Myung-bak's address
President Lee Myung-bak's address for on the 66th anniversary of liberation(Yonhap News)Fellow citizens, decorated patriots who fought for the nation’s independence, distinguished guests from home and abroad, our brethren in the North and seven million compatriots residing overseas,I join all Korean
Aug. 15, 2011
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Lee calls for ethical, responsible market economy
President Lee Myung-bak on Monday urged Japan to teach history as it was to the young generation, while championing “ecosystemic” development as Korea’s new path for growth that creates jobs, reduces income gaps and preserves the environment. President Lee Myung-bak (Yonhap News)“Japan has a respons
Aug. 15, 2011
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Seoul mayor’s exit a twist in 2012 race
Seoul Mayor Oh Se-hoon’s promise not to run for president to avoid political conflict over a controversial city plan is anticipated to bring about subtle changes in the political landscape ahead of next year’s elections, officials and analysts say.In an apparent attempt to end speculation he is push
Aug. 14, 2011
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GNP leader calls for Marines on Dokdo
Politicians, citizens call for stronger action on Japan’s territorial claimsThe leader of Korea’s ruling Grand National Party said Sunday that he has asked the government to station Marines on Dokdo to strengthen the country’s sovereignty of the set of rokcy islets claimed by Japan. Rep. Hong Joon-p
Aug. 14, 2011
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Ruling party leader asks gov't to station Marines on Dokdo
Grand National Party leader Hong Joon-pyo on Sunday asked the government to station Marines on Dokdo to reinforce Korea's sovereignty over the islets claimed by Japan.Korean politicians have raised a storm of protest over Tokyo's renewed claims to the East Sea islets. Earlier this month, three Japan
Aug. 14, 2011
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Top prosecutor vows to stamp out pro-North organizations
New Prosecutor-General Han Sang-dae on Friday vowed to stamp out corruption and pro-North Korea left-wingers as he took office at the Supreme Prosecutors’ Office in Seoul.He also stressed the need to fight against complacency and irresponsibility within the prosecution to shore up public trust that
Aug. 12, 2011
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Navy rescues 7 N. Koreans from three stray boats
The South Korean military on Thursday night rescued seven North Koreans from three boats that had apparently strayed into southern waters across the western inter-Korean sea border, the Joint Chiefs of Staff said Friday.Two of the vessels sank near Baengnyeongdo, one of the five northwestern border
Aug. 12, 2011
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Seoul pushes for 17% drug price cut
Ministry to reduce caps on prices of out-of-patent pharmaceuticalsThe government on Friday unveiled a set of plans to cut generic drug prices by up to 33 percent starting next year, prompting fierce protests from pharmaceutical companies.The new measures will bring down the prices of some 8,776 of t
Aug. 12, 2011
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Parliamentary probe of savings banks fizzles out
An ad-hoc parliamentary committee ended its 45-day probe on Friday into an influence-peddling scandal involving savings banks amid criticism that it failed to get to the bottom of the scandal.The rival parties launched the committee in late June amid a public outcry over corruption at a series of tr
Aug. 12, 2011
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U.N. chief vows to tackle climate change, economic crisis
U.N. chief Ban Ki-moon on Friday renewed his pledge to “lead by example” with great determination to help the world body tackle a set of new global challenges from climate change and economic upheaval to pandemics.Ban is in Seoul for a six-day official visit to his native South Korea, the first trip
Aug. 12, 2011
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Seoul mayor drops presidential bid to go all-in for free lunch vote
Seoul Mayor Oh Se-hoon said Friday that he will not run in the next presidential race, rejecting speculation that he is using the upcoming referendum on the city's free school lunch program to boost his political fortunes ahead of next year's election."Debates over my political future have hampered
Aug. 12, 2011
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Committee backpedals on savings banks compensation
While seeking a tie-up regarding the state investigation on the collapse of savings banks, rival parties disputed the range of the compensation for victims.It was reported Tuesday that the parliamentary committee on the savings banks decided to fully compensate all losses within the maximum range of
Aug. 11, 2011