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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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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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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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] Trump to skip press dinner amid media row
President Donald Trump ratcheted up an increasingly hostile feud with the media Saturday, announcing he would skip a century-old annual correspondents’ dinner a day after a fierce row erupted over press access to the White House. The Trump White House triggered widespread outrage on Friday by denying access to an off-camera briefing to several major US media, including CNN, the Los Angeles Times, The New York Times and Politico. Smaller outlets that have provided favorable coverage of the Trump
World NewsFeb. 26, 2017
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[Newsmaker] Current FKI chairman Huh to stay in office
Huh Chang-soo, the current chairman of the Federation of Korean Industries, will stay in office for another three years as finding a new chief for the country's largest lobby body has made little progress with key members withdrawing their membership, industry sources said Friday.FKI board members will recommend Huh continue his duties for another three years at a board meeting to be held later in the day, according to the sources.The FKI board meeting came amid a mass withdrawal of key FKI memb
Feb. 24, 2017
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[Newsmaker] 7 Earth-size worlds found; could hold life
For the first time, astronomers have discovered seven Earth-size planets orbiting a single nearby star _ and these new worlds could hold life.This cluster of planets is less than 40 light-years away in the constellation Aquarius, according to NASA and the Belgian-led research team who announced the discovery Wednesday.The planets circle tightly around a dim dwarf star called Trappist-1, barely the size of Jupiter. Three are in the so-called habitable zone, the area around a star where water and,
World NewsFeb. 23, 2017
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[Newsmaker] Qualcomm wages long, hard legal battle against FTC
(The Investor)Qualcomm has waged a legal war against South Korea’s Fair Trade Commission, filing a lawsuit in Seoul late Tuesday, unyielding to the antitrust agency’s order of a massive fine and corrective measure. The legal fight between the US mobile chipmaker and Korean government body is expected to be unprecedentedly fierce, as both sides have vowed to win by mobilizing all possible measures, legal sources say. “The battle could be longer than usual, considering it is a matter of pride for
TechnologyFeb. 22, 2017
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[Newsmaker] Trump names new national security adviser
US President Donald Trump named Army Lt. Gen. H.R. McMaster to be his new national security adviser Monday, a week after sacking Mike Flynn accused of having inappropriate contact with Russia's ambassador."Gen. H.R. McMaster will become the national security adviser. He's a man of tremendous talent and tremendous experience. I watched and read a lot over the last two days. He is highly respected by everyone in the military, and we're very honored to have him," Trump said at his Florida resort.Tr
InternationalFeb. 21, 2017
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[Newsmaker] Court again thwarts Park’s delaying tactic
The Constitutional Court reviewing the legality of President Park Geun-hye’s impeachment Monday urged President Park to decide by Wednesday whether she will appear at court for closing arguments.It also rejected the request by Park’s lawyers for more hearings to review evidence and cancelled the questioning of absent witnesses in a display of strong determination to conclude the historic trial before mid-March. (Yonhap)“Please confirm whether she will appear or not before the next hearing. We ha
Social AffairsFeb. 20, 2017
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[Newsmaker] What’s next for Lee Jae-yong?
Samsung heir apparent Lee Jae-yong’s life has been turned upside down since he was taken into custody on allegations of bribery Friday.For the second consecutive day on Sunday, Lee stood handcuffed and bound with white ropes in front of special prosecutors, his prisoner identification number marked on his navy suit.He is the first head of Samsung to be locked behind bars in the conglomerate’s history. At the Seoul Detention Center in Uiwang, Gyeonggi Province just outside Seoul, he is being kept
IndustryFeb. 19, 2017
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[Newsmaker] South Korea has OECD's second-worst air quality
South Korea has nearly the worst air quality among advanced economies, with its level of fine dust soaring over the past 25 years, a report revealed Thursday. According to the “State of Global Air 2017,” a report by nonprofit environmental group Health Effects Institute in the United States, the nation’s average population-weighted concentration level of PM2.5 -- which refers to ultrafine particles or particle matter with a diameter of at least 2.5 micrometers -- was 29 micrograms per cubic mete
Social AffairsFeb. 16, 2017
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[Newsmaker] Unfortunate crown prince’s downfall
In May 2001, a man was rounded up after trying to smuggle himself into Narita International Airport in Tokyo, alongside his son and two women, using fake Dominican Republic passports. The incident introduced Kim Jong-nam, the slain older half-brother of North Korean leader Kim Jong-un, to the outside world. But his yearning 16 years ago to visit Tokyo Disneyland blew his chances to succeed in the reclusive dynasty, incurring the wrath of his father and longtime strongman Kim Jong-il.Shown is a f
North KoreaFeb. 15, 2017
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[Newsmaker] [KH explains] North Korea's missile progress
North Korea said it “successfully” test-fired a new strategic weapon capable of carrying a nuclear warhead on Sunday.Officials and experts in South Korea confirmed the latest launch to involve a new type of missile and concluded that progress has been made in the communist state’s missile technologies and delivery methods for nuclear weapons. Below, The Korea Herald explains the North’s weapons of mass destruction program, its latest missile tested and why it matters to S. Korea, the US and othe
North KoreaFeb. 14, 2017
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[Newsmaker] Germany elects ‘anti-Trump’ Steinmeier as president
Billed as Germany's “anti-Trump,” former foreign minister Frank-Walter Steinmeier was elected Sunday as the new head of state, vowing to stand up to simplistic populist rhetoric. The 61-year-old, who regularly polls as Germany’s most popular politician, will represent the EU's top economy abroad in the largely ceremonial post and act as a kind of moral arbiter for the nation. His Social Democrats (SPD) hope the appointment will boost their fortunes just as their candidate Martin Schulz, the form
World NewsFeb. 13, 2017
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[Newsmaker] Trump faces uphill legal battle on travel ban
WASHINGTON (AFP) -- After his travel ban suffered two defeats in the US court system, President Donald Trump has vowed to continue his judicial fight -- but with the controversial measure now on shaky ground, it is likely to be an uphill battle. Trump's executive order -- issued on Jan. 27 with no prior warning -- suffered two blows over the course of two weeks in western US courts. Since then the president has proffered a variety of solutions, from taking the matter to the Supreme Court to simp
Latest NewsFeb. 12, 2017
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[Newsmaker] Despite challenges, SK hynix to beef up NAND
SK hynix CEO Park Sung-wook has vowed to boost the company’s three-dimensional NAND flash memory business this year, a remark that is interpreted by market watchers as a strong determination to acquire Toshiba’s NAND unit. On Feb.3, SK hynix submitted a non-binding proposal to purchase a 20 percent stake in its Japanese rival Toshiba’s NAND chip business for about 3 trillion won ($2.62 billion). (Yonhap)SK hynix’s offer nearly doubles the current market value of the Toshiba unit that is around $
TechnologyFeb. 9, 2017
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[Newsmaker] Kakao forms new subsidiary dedicated to AI development
Kakao, operator of South Korea’s top mobile messenger KakaoTalk, has formed a new subsidiary dedicated to developing artificial intelligence technologies in a move to ramp up its capabilities in future technologies.The Korean mobile giant said Wednesday that it officially founded a new subsidiary focusing on AI technology research and development, named “Kakao Brain,” on Feb. 1. Kakao founder and chairman Kim Beom-suKakao Brain will be directed by Kakao founder and chairman Kim Beom-su, who will
TechnologyFeb. 8, 2017
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[NEWSMAKER] P&G embroiled in safety scandal
Personal care and household goods maker Procter and Gamble is under fire for selling diapers that allegedly contain potentially toxic substances.Although large discount retailers have pulled the company‘s Pampers Baby Dry diapers off their shelves following the controversy, the South Korean government has not been able to issue an official recall or pursue punitive measures because there are no clear regulations here regarding the detected toxins.On Jan. 24, French consumer magazine 60 Millions
IndustryFeb. 7, 2017
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[Newsmaker] Le Pen vows ‘France first’ at campaign launch
Far-right leader Marine Le Pen vowed Sunday she would be a president who puts France first as she formally launched a campaign echoing many of the themes that propelled Donald Trump to the White House. With polls showing her now leading the first round of the election race, the head of the National Front (FN) attacked “mass immigration.” globalization and “Islamic fundamentalism” and said she wanted a country “which owes nothing to anyone.” In a speech in the central city of Lyon less than three
World NewsFeb. 6, 2017
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[Newsmaker] Hyosung taking off under new leadership
Less than a month since Hyosung Group Chairman Cho hyun-joon officially took the baton from his father S.R. Cho to lead the Korea’s textile giant, the company said Friday its annual operating profit exceeded 1 trillion won ($870 million) for the first time.Improved earnings are expected to strengthen the hand of the junior Cho, who vowed to nurture Hyosung into a global power when taking office in early January. The nation’s largest synthetic fiber maker said its annual sales inched down 4.2 per
IndustryFeb. 5, 2017
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[Newsmaker] 'Political fatigue' drove Ban to quit presidential race
For former UN Secretary-General Ban Ki-moon, the three turbulent weeks following his return home was enough to decide not to enter the upcoming presidential race, in which he was once considered a leading contender.Some speculated that he may have made his surprise decision because he had stalled in the polls, while others pointed out to the massive cost of running as an independent figure with no party affiliation.But the main reasons the former top diplomat gave were emotional -- disappointmen
PoliticsFeb. 2, 2017
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[Newsmaker] Court nominee Gorsuch praised by some liberals
Neil Gorsuch, named Tuesday as President Donald Trump's nominee to the US Supreme Court, has a solidly conservative pedigree that has earned him comparison to the combative justice he would replace, Antonin Scalia. Gorsuch clerked for two Supreme Court justices and worked in President George W. Bush’s Justice Department before being appointed to the federal bench and authoring a series of sharply written, conservative opinions. His mother, Anne, ran President Ronald Reagan's Environmental Prote
World NewsFeb. 1, 2017
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[Newsmaker] Chief Justice steps down with ‘heavy heart’
Park Han-chul, chief justice of the Constitutional Court, reiterated his calls for a speedy ruling in the impeachment trial of President Park Geun-hye at his retirement ceremony Tuesday. “The public are united in the view that a conclusion (on the impeachment) should be made as soon as possible, given the gravity of the situation in which the president has been suspended from duty for nearly two months,” the justice said, ending his six-year term as a member of the nine-judge court. Park’s farew
Social AffairsJan. 31, 2017