Most Popular
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Medical profs at top hospitals suspend surgeries, clinics
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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Exports to US reach all-time high, widen gap with China
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Shinsegae faces showdown with investors over SSG.com's delayed IPO
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Hopes rise for possible Gaza truce deal
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Ex-pro baseball player who killed debtor appeals sentence
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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S. Korea to issue travel ban on Haiti amid intensifying gang violence
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Leaders of S. Korea, Angola agree to boost economic, trade cooperation
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[Newsmaker] Joy and anger as Sewol surfaces
JINDO, South Jeolla Province -- Several hours after rusted parts of the sunken Sewol ferry’s structure finally emerged from the waters on Thursday, the mother of a victim still missing at sea wept aloud at the port nearest the wreckage on the island Jindo. “I really miss you, my son. I hope he gets out of the freezing water and meets me here,” the mother of Yang Seung-jin, a teacher at Danwon High School in Ansan, told The Korea Herald at the Paengmok port. “How handsome my son is! He was a good
Social AffairsMarch 23, 2017
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[Newsmaker] Duty-free, air carriers seek to offset THAAD fallout
Duty-free operators and air carriers in Korea are seeking out ways to increases sales among tourists from countries other than China, as Beijing’s travel ban is expected to cut deep into revenues this year.Dependency on Chinese consumers has been high in Korea, as indicated by data for February that showed the impact of anticipation of the travel ban.According to the Korea Duty Free Shops Association, sales at duty-free outlets here hit a record high in February to reach $1.14 billion. The growt
IndustryMarch 22, 2017
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[Newsmaker] Park endures grueling day at prosecution
When former president Park Geun-hye was proudly sworn into office as the nation’s first female leader, she would have never imagined this day would come – being questioned by the prosecution as a criminal suspect. It only took 47 seconds for ousted Park to get out of her black sedan, stand for photos and deliver her two-sentence message to the public before entering the prosecution’s office Tuesday. Former President Park Geun-hye speaks to reporters after arriving at the Seoul Central District
Social AffairsMarch 21, 2017
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[Newsmaker] Suh Kyung-bae stands at helm of K-beauty
When Suh Kyung-bae, Amorepacific Group chairman, inherited the family business 20 years ago, the cosmetic firm was teetering due to low demand and financial rigidity.Not only was the country suffering from the Asian financial crisis at the time, but the local beauty industry as a whole was facing a wave of foreign cosmetics that poured in after the government completely lifted a ban on imports. Amorepacific Group Chairman Suh Kyung-bae (Amorepacific)The second-generation chaebol scion could have
IndustryMarch 20, 2017
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[Newsmaker] Nobel Prize for candle-holding citizens?
Following the monthslong street rallies that peacefully removed President Park Geun-hye from office, some politicians in South Korea say that the protesters should be nominated for the Nobel Peace Prize for being a role model for other troubled democracies. Massive protests by citizens holding candles pushed the parliament to vote to impeach Park on Dec. 9 over a corruption scandal involving Park’s friend Choi Soon-sil. It was upheld by the Constitutional Court on March 10, which many hailed as
Social AffairsMarch 19, 2017
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[Newsmaker] Hyundai Motor chief retains board seat
Hyundai Motor Group Chairman Chung Mong-koo renewed his board membership at Friday’s shareholder meeting with the carmaker’s largest institutional investor, National Pension Service, abstaining from the vote.The 79-year-old Hyundai chief retained his seat on the nine-member board for the seventh time with his membership set to expire in 2020. At the meeting the wage limit of the board members was set at 15 billion won ($13.2 million), the same as last year. Chung‘s son, Vice Chairman Chung Eui-s
IndustryMarch 17, 2017
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[Newsmaker] Dutch PM Rutte beats off ‘wrong kind of populism’
Dutch Prime Minister Mark Rutte on Wednesday claimed a dominating parliamentary election victory over anti-Islam lawmaker Geert Wilders, who failed the year’s first litmus test for populism in Europe. Provisional results with over half the votes counted suggested Rutte’s party won 32 seats in the 150-member legislature, 13 more than Wilders’ party, which took only third place with 19 seats. The surging Christian Democratic Appeal claimed 20. Following Britain’s vote to leave the European Union a
World NewsMarch 16, 2017
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[Newsmaker] Excitement rises over Samsung chip investment
The amount Samsung Electronics will invest in the booming semiconductor business this year is being widely discussed among related industries and the financial market, even though the world’s top chipmaker has yet to announce its final plan.According to the semiconductor industry on Wednesday, Samsung is currently looking at its annual investment plan, which includes building a new production line within the current 17 Line in the company’s Hwaseong Campus in Gyeonggi Province, and constructing
TechnologyMarch 15, 2017
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[Newsmaker] Speculation grows over Hwang’s presidential bid
After the fall of President Park Geun-hye, Prime Minister Hwang Kyo-ahn is in the spotlight as her cover and possible successor. The problem is he can’t be both for long, as this country has only 55 days to prepare for the presidential election and to stand in the race, he has to resign from office. Perhaps a hint at the state of his mind not yet made up, Hwang on Tuesday delayed a decision on the timetable for the election, although May 9 has been highlighted as a possible date. Acting Presiden
PoliticsMarch 14, 2017
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[Newsmaker] Old guard stays loyal to fallen Park
Former President Park Geun-hye’s loyalists and aides are showing unrelenting support for the disgraced leader even after the top court forced her out of office over a corruption scandal. On Sunday evening, Park moved from the presidential residence back to her private house in Samseong-dong, southern Seoul, and some eight lawmakers greeted her at the entrance of her house. A large crowd of supporters also gathered to welcome her return. Rep. Cho Kyung-hwan (right) and other lawmakers of the Libe
PoliticsMarch 13, 2017
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[Newsmaker] Lee Jung-mi: From beacon for the underprivileged to historic judge
With the Constitutional Court scheduled to unveil its ruling on the fate of then President Park Geun-hye at 11 a.m. on Friday, acting Chief Justice Lee Jung-mi arrived at the courthouse earlier than usual to gather with other judges for their one last deliberation before reaching a verdict. Amid a burst of camera flashes, the most intriguing component of the scene were two tiny pink hair rollers still attached to the back of her bobbed curly hair. The image went viral in no time, despite court o
Social AffairsMarch 12, 2017
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[Newsmaker] Park Geun-hye: A life stranger than fiction
When Park Geun-hye won a grueling presidential election in December 2012 in defiance of most exit polls, the outside world extolled her as East Asia’s first-ever female leader.At home, however, expectations had not been high for her role in such tasks as empowering women and improving gender equality. Many South Koreans instead questioned whether she would manage to embrace not only her foes, but also the marginalized, as the daughter of a president whose 18-year dictatorial rule and subsequent
PoliticsMarch 10, 2017
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[Newsmaker] WikiLeaks: CIA hacks everyday gadgets for snooping
Maybe the CIA is spying on you through your television set after all.Documents released by WikiLeaks allege a CIA surveillance program that targets everyday gadgets ranging from smart TVs to smartphones to cars. Such snooping, WikiLeaks said, could turn some of these devices into recorders of everyday conversations -- and could also circumvent data-scrambling encryption on communications apps such as Facebook's WhatsApp. WikiLeaks founder Julian Assange speaks from the balcony of the Ecuadorean
World NewsMarch 8, 2017
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[Newsmaker] Sino-US rivalry puts Seoul on edge
The Terminal High Altitude Area Defense system is a core element of the US’ multilayered missile defense program, designed to shoot down short-, medium- and intermediate-range ballistic missiles at altitudes of 40-150 kilometers during the terminal stage of their flight. Built chiefly by US defense giant Lockheed Martin, a THAAD battery typically consists of six truck-mounted launchers, 48 interceptors, a fire control and communications unit and an AN/TPY-2 X-Band radar. Before interception, the
Foreign AffairsMarch 7, 2017
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[Newsmaker] Democratic Party jockeys for presidential race
President Park Geun-hye’s fate is still up in the air, but the main opposition Democratic Party of Korea is wasting no time in its preparation for the next presidential election. Four presidential contenders of the liberal party squared off at the party’s primary debate Monday, trying to prove their eligibility to become the nation’s next leader. They are former party leader Moon Jae-in, South Chungcheong Gov. An Hee-jung, Seongnam Mayor Lee Jae-myung and Goyang Mayor Choi Sung. Left to right: S
PoliticsMarch 6, 2017
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[Newsmaker] Trump accuses Obama of tapping his phones
President Donald Trump on Saturday accused Barack Obama of tapping his phones during last year’s White House campaign, charges that his predecessor denied as “simply false.” “I’d bet a good lawyer could make a great case out of the fact that President Obama was tapping my phones in October, just prior to Election!” Trump wrote on Twitter, without providing evidence of the explosive charge. US President Donald Trump (left) and former President Barack Obama EPA/AP-Yonhap“How low has President Oba
World NewsMarch 5, 2017
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[Newsmaker] Korean, Chinese chipmakers raise stakes on Toshiba
Chipmakers from South Korea, Taiwan and China are beefing up moves to acquire the NAND Flash business of Japan’s cash-strapped Toshiba in their quest to spearhead the global NAND market. According to the semiconductor and financial industries Thursday, global chipmakers are doubling efforts to take over Toshiba’s NAND business after it was reported earlier this week that the financially troubled Japanese company will sell a majority stake in the NAND businessToshiba aims to raise about 1 trillio
IndustryMarch 2, 2017
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[Newsmaker] Suspects charged with murder of Kim
KUALA LUMPUR (AP) -- Appearing calm and solemn, two young women accused of smearing VX nerve agent on Kim Jong-nam, the estranged half-brother of North Korea‘s leader, were charged with murder Wednesday. The women, who arrived in court under the protection of masked special forces carrying machine guns, are at the center of a bizarre killing at a busy Kuala Lumpur airport terminal. Many speculate the attack was orchestrated by North Korea, but Pyongyang denies any role. Indonesian Siti Aisyah (
World NewsMarch 1, 2017
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[Newsmaker] Independent counsel Park rises to fame
It took an exceptional investigation team to handle the corruption scandal involving an incumbent president -- a case turning the nation’s politics upside down.Spearheading this challenging role was independent counsel Park Young-soo, whose leadership played a crucial role every time the inquiry into high-profile figures faced a dead end. Park Young-soo, independent counsel (Yonhap)The special team looking into the corruption allegations of President Park Geun-hye officially ended its term Tues
PoliticsFeb. 28, 2017
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[Newsmaker] LG mobile chief confident about G6
BARCELONA -- Technical finesse, practicality and sincerity seem to be the main elements that LG Electronics are betting on for its new flagship smartphone, the G6, which the tech giant hopes will bring a long-sought-after turnaround in its handset business. Looking to continue the hype created by its unveiling of the phone Sunday, LG’s mobile chief held a press conference, expressing his confidence that the new device would record strong sales and stressing its focus on the basics.LG Electronics
TechnologyFeb. 27, 2017