Most Popular
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40 flights canceled on Jeju Island due to bad weather
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Korean labor force to shrink by 10 million by 2044: report
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Pandemic left Korea more depressed than before: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Gov't appears to shelve punitive measures against mass walkout by doctors
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Allegations surrounding BTS resurface, enraged fans demand apology
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Students with history of violence will be barred from becoming teachers
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Samsung mocks Apple over iPhone alarm glitch
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Govt. asks hospitals to mitigate impact of medical professors' absence
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[Newsmaker] Opposition chiefs at odds over election blueprints
The ongoing dispute on opposition unity has shown that the two opposition party leaders -- Kim Chong-in of The Minjoo Party of Korea and Rep. Ahn Cheol-soo of the People’s Party -- have distinctly different election strategies. Kim, a 75-year-old veteran politician who was scouted as relief pitcher for the feud-ridden party, has made it clear that he is ready to accept anything if only to achieve a significant number of parliamentary seats in the imminent April general elections.Ahn, on the oth
PoliticsMarch 6, 2016
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[Newsmaker] Spaceman back from record year flight
Astronaut Scott Kelly returned to Earth on Wednesday after an unprecedented year in space for NASA, landing in barren Kazakhstan with a Russian cosmonaut who shared his whole space station journey.Their Soyuz capsule parachuted onto the central Asian steppes and ended a science-rich mission at the International Space Station that began last March and was deemed a steppingstone to Mars. International Space Station crew member Scott Kelly of the U.S. shows a victory sign after landing near the tow
World NewsMarch 2, 2016
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[Newsmaker] Coupang to log record loss for 2015
South Korea’s top e-commerce operator Coupang is expected to have logged a record-high loss in 2015, according to Coupang and industry analysts, fueling partial concerns over its aggressive spending.A recent report by Hana Investment Securities forecast that Coupang would log an operating loss of about 400 billion won ($320 million) for 2015, up by 299 percent from a loss of 121.5 billion in 2014.Though its sales are expected to have hiked by more than 400 percent last year from 348.5 billion wo
IndustryMarch 1, 2016
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[Newsmaker] Republicans badly split over Trump
On the eve of Tuesday's crucial multi-state primaries, a sharp new divide erupted between Republicans who pledge to fall in line behind Donald Trump if he wins their party's nomination and others who insist they can never back the bombastic billionaire.The fissure could have major implications beyond the primaries, exposing the looming challenges in uniting the party, no matter who wins the nomination. (Bloomberg)Trump has won three of four early nominating contests, roiling a party that had ass
World NewsMarch 1, 2016
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[Newsmaker] Obama faces top court nomination challenge
Republicans are refusing to hold a vote or hearings on any candidate for the U.S. Supreme Court nominated by President Barack Obama, complicating his efforts to seek a replacement for deceased conservative Antonin Scalia.And though Obama insists he‘ll put forward an “outstanding candidate” no matter what the Republican Party says, the White House is hard-pressed to offer a convincing scenario in which that person gets confirmed.Overnight, Obama’s nominee will become the face of well-financed, hi
World NewsFeb. 25, 2016
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[Newsmaker] Youngest lawmaker rises as filibuster star
As soon as the National Assembly speaker put a controversial antiterrorism bill to a vote late Tuesday, Rep. Kim Kwang-jin of The Minjoo Party of Korea stole the limelight, cracking the record for the longest filibuster, going five hours and 32 minutes. At 34, the 19th National Assembly’s youngest member took the podium at around 7:07 p.m., criticizing the bill at length before stepping down at 12:39 a.m. Until then, the title had been held by late President Kim Dae-jung, who laid out a speech
PoliticsFeb. 24, 2016
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[Newsmaker] Elliott faces probe over Samsung spat
U.S. activist investor Paul Elliott Singer’s Samsung saga may not be over yet. Korea’s financial authorities are moving to seek a prosecutorial investigation into Elliott Associates, a $27 billion hedge fund run by Singer, for a suspected breach of a local disclosure rule regarding its purchase last year of a stake in Samsung Group’s construction unit. YohapThrough a 7.12 percent stake in Samsung C&T, the fund had mounted a high-profile and ultimately unsuccessful campaign to block its merger wi
Feb. 23, 2016
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[Newsmaker] Will SK chairman retake board membership?
With the season for annual shareholders meetings of the nation’s conglomerates approaching, the limelight is on SK Group chairman Chey Tae-won once again. Two months ago, the business tycoon suffered a public backlash with his confession about an extramarital affair and a love child. This time, attention is being paid not to his personal life but to his return to the executive board of key affiliates of the nation’s third-largest conglomerate. One reason why the chairman’s move is drawing pu
CompaniesFeb. 22, 2016
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[Newsmaker] Lagarde: Trailblazer with a knack for straight talk
Five years ago Christine Lagarde smashed through the glass ceiling at one of the world’s leading institutions, becoming the first woman to head the International Monetary Fund.International Monetary Fund Managing Director Christine Lagarde (Xinhua)Some had questioned her lack of credentials as an economist. But, as she plunged into the Greece crisis to prevent a meltdown of the eurozone, doubts were quickly swept aside.On Friday the French lawyer and former finance minister‘s achievements leadin
World NewsFeb. 21, 2016
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[NEWSMAKER]'To Kill a Mockingbird' author Harper Lee dies at 89
NEW YORK -- Harper Lee, one of America's most celebrated novelists whose masterpiece about racial injustice "To Kill a Mockingbird" was read by millions, has died, her publisher said Friday. She was 89. A spokeswoman for Harper Collins in New York said Lee passed away peacefully late Thursday. The Pulitzer-winning author shunned the spotlight and spent her final years living in seclusion in Monroeville, Alabama, where she was born. "To Kill a Mockingbird" is considered one of the great cl
North KoreaFeb. 20, 2016
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[Newsmaker] Volkswagen office raided in emissions probe
Prosecutors on Friday raided the local unit of Volkswagen’s office over allegations that the global automaker had not properly executed the recall orders on its emissions-rigged cars. The Seoul Central District Prosecutor’s Office said it confiscated computer hard drives and documents from Volkswagen Korea’s headquarters in Gangnam-gu, southern Seoul, as well as from the houses of high-ranking company officials in charge of product certification.Investigators procured data related to gas emissio
Social AffairsFeb. 19, 2016
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[Newsmaker] FBI-Apple standoff puts encryption on front burner
WASHINGTON -- Apple‘s challenge of a court order to unlock an iPhone used by one of the San Bernardino killers opens up a new front in the long-running battle between technology companies and the government over encryption.The standoff brings the sensitive issue, which has been at a stalemate in Congress, into the courts, and has abruptly shifted the policy debate on encryption. The Apple Store on Fifth Avenue in New York (AFP-Yonhap)A California magistrate Tuesday ordered Apple to provide “reas
World NewsFeb. 18, 2016
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[Newsmaker] Heiress’ new role could reshape Shinsegae
Like other chaebol daughters in South Korea, Chung Yu-kyung has stayed under the shadow of her elder brother Chung Yong-jin, heir apparent of the Shinsegae Group. Leading trendy but smaller units like hotel and bakery businesses for years, the only daughter of group chairwoman Lee Myung-hee has been standing out in the succession race for a long time. A recent promotion that placed her on the top of Shinsegae’s department store business, however, has quickly turned around this traditional idea.
IndustryFeb. 17, 2016
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[Newsmaker] Pope Francis asks indigenous Mexicans for forgiveness
SAN CRISTOBAL DE LAS CASAS, Mexico (AFP) -- Pope Francis reached out to Mexico’s long-marginalized indigenous population on Monday, asking for forgiveness over their exclusion as he celebrated an open-air mass in native languages in impoverished Chiapas state. Pope Francis waves upon his arrival for a meeting with families at the Victor Manuel Reyna stadium in Tuxtla Gutierrez, southern Mexico on Monday. (AFP-Yonhap)While Chiapas is the country’s least Catholic state, tens of thousands of people
World NewsFeb. 16, 2016
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[Newsmaker] Minister flip-flops over Gaeseong money
Unification Minister Hong Yong-pyo came under fire Monday after reversing his claim that the government possesses documents to corroborate North Korea’s suspected rerouting of income from a joint industrial park for military uses. The diversion allegation served as the primary grounds for Seoul’s decision to pull out from the Gaeseong factory complex last Wednesday. Since the district’s establishment in 2004, South Korean cash totaling 616 billion won ($511.4 million) has been transferred mainly
North KoreaFeb. 15, 2016
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[Newsmaker] Park to urge unity amid Gaeseong strife
President Park Geun-hye will deliver a special speech to the nation at the National Assembly on Tuesday, calling for unity amid heightening inter-Korean strife following military provocations by the North.Having come under fire from progressive critics for her hard-line policies, Park is expected to blame the parliament, urging the parties to expedite the passage of key bills.“President Park has requested to be given the floor at the National Assembly to deliver a speech to the nation, calling t
PoliticsFeb. 15, 2016
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[Newsmaker] Conservative icon of American law
WASHINGTON (AFP) -- During the three decades he spent on the bench, Supreme Court Justice Antonin Scalia embodied the values conservative America holds most dear, from defending the traditional family, to religion and patriotism.The longest-serving justice on the current court, and its first ever Italian-American, Scalia was eulogized after his passing Saturday, aged 79, as a towering figure of intellectual rigor -- with powerful personal convictions to match.President Barack Obama led the tribu
World NewsFeb. 14, 2016
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[Newsmaker] Hyundai Group mired in N.K. tension
Escalating tensions between the two Koreas is adding more pressure on North Korea-related business operator Hyundai Group, which is already struggling to save its shipping unit from a deepening liquidity crisis. In response to a recent nuclear test and rocket launch by the North, South Korea on Thursday announced its withdrawal from the Gaeseong industrial park, the last remaining symbol of economic cooperation between the two nations. Workers walk pass a glass door at Hyundai Asan headquarters
IndustryFeb. 12, 2016
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[Newsmaker] Gaeseong firms cry foul over closure
One hundred-twenty four South Korean companies that have been producing garments, shoes and watches in North Korea’s border city have become casualties of the unfinished Cold War on the Korean Peninsula, as renewed tensions between the two sides led to a sudden shutdown of a factory complex. North Korea on Thursday said that it was freezing all South Korean assets in Gaeseong Industrial Park and that its military was taking over control of the factory complex which it has been running jointly wi
Feb. 11, 2016
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[NEWSMAKER] North Korea's rocket launch reaffirms evolving missile tech
North Korea’s long-range rocket launch on Sunday reaffirmed Pyongyang’s evolving missile technology, though it has yet to complete much tougher tasks such as acquiring miniaturization and atmospheric reentry technologies. Seoul’s Defense Ministry said that the three-stage rocket that the North fired on Sunday appears to have a range of some 12,000 kilometers -- far enough to strike the U.S. mainland. It also noted that Pyongyang had put a satellite into orbit for the second consecutive time --
North KoreaFeb. 10, 2016