Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Seoul Metro to seek legal action against malicious complaints
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Illit, mired in controversy, remains on Billboard charts for 5th week
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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[Newsmaker] Twitter founder given a second chance as CEO
Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned cofounder can hatch a plan to expand the short messaging service’s audience and end nearly a decade of financial losses.The hiring revealed Monday in a regulatory filing ends Twitter’s three-month search for a new leader. It marks Dorsey’s second stint as CEO since he helped start the San Francisco company more than nine years ago with Evan Williams, Biz Stone and Noah Glass.Jack Dorsey, chairman of Twitter Inc. (Bloomber
World BusinessOct. 6, 2015
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[Newsmaker] Portugal’s ruling party wins election
Portugal’s ruling center-right coalition won a general election Sunday seen as a referendum on its austerity policies, although it may not hold onto its absolute majority in parliament, near-complete results showed.Portuguese Prime Minister Pedro Passos Coelho waves to supporters following the announcement of the results of Portugal`s general election in Lisbon on Sunday. (AP-Yonhap)Prime Minister Pedro Passos Coelho’s “Portugal Ahead” coalition took 39.16 percent of the vote, according to resul
Latest NewsOct. 5, 2015
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[Newsmaker] Guns a way of life in U.S. massacre town
Guns, jewelry and guitars may not immediately seem the most obvious items to sell together in one shop.But such is the way of life in Roseburg, Oregon, where a 26-year-old gunman killed nine people on Thursday at a community college in the latest armed massacre which has revived debate in the United States about stiffer gun controls.A day later, the store was doing a brisk trade with men and women of all ages mooching about, some with revolvers visible on their belts."The state of Oregon and Dou
World NewsOct. 4, 2015
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[Newsmaker] Russian strikes again expose U.S. disarray
Russia’s dramatic entry Wednesday into the Syrian war put the United States on the back foot once again and left Washington struggling to regain the military and diplomatic initiative.As U.S. Secretary of State John Kerry was in New York trying to coordinate with his Kremlin opposite number Sergei Lavrov, a Russian officer contacted the U.S. embassy in Baghdad. (Yonhap)His message was simple: Russian jets are about to launch air strikes in Syria, please stay out of their way.Kerry quickly protes
World NewsOct. 1, 2015
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[Newsmaker] Fashion mogul Ralph Lauren steps down
Ralph Lauren is handing off his title as CEO of the fashion and home decor empire that he founded nearly 50 years ago.The New York-based company announced Tuesday that Stefan Larsson, the global president of Gap’s thriving low-price Old Navy chain, will take on the role. The change will be effective in November, and Larsson will report to Lauren who will continue to drive the company’s vision and strategy as executive chairman and chief creative officer.Designer Ralph Lauren. (AFP-Yonhap)As glob
World NewsSept. 30, 2015
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[Newsmaker] 'Strongest evidence' of water on Mars
Scientists on Monday announced "the strongest evidence yet" of liquid water on Mars, raising the distant prospect of microscopic life on the Red Planet.Experts at NASA hailed the findings, made with the U.S. space agency's Mars Reconnaissance Orbiter, and said they were "revolutionizing our understanding" of Earth's neighbor."Mars is not the dry, arid planet we thought of in the past," Jim Green, NASA's planetary science director, told journalists in Washington. "Under certain circumstances, liq
World NewsSept. 29, 2015
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[Newsmaker] New VW boss tries to save carmaker
Volkswagen's new boss began trying to pull the embattled carmaker out of the wreckage of a pollution test rigging scandal Saturday, as the United States and Switzerland halted the sale of the group's new diesel cars. The 62-year-old former Porsche chief Matthias Mueller was tapped Friday to replace Martin Winterkorn, who resigned over stunning revelations by US environmental authorities that the German carmaker had fitted some of its diesel cars with software capable of cheating environmental
World BusinessSept. 27, 2015
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[Newsmaker] Apple’s new iPhone hits stores
How many iPhones can Apple Inc. sell? With the company hitting new sales records with each annual release, that’s a question facing chief executive officer Tim Cook as the latest batch of handsets hits stores on Friday around the world. The latest models, following last year’s hugely popular design overhaul that added bigger screens, may not match the success of previous releases, according to analysts.An Apple employee in Sydney takes a 'selfie' photograph of customers with the new iPhone 6s p
BusinessSept. 25, 2015
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[Newsmaker] Volkswagen just latest scalp for independent campaigners
Volkswagen’s worldwide pollution cheating has been exposed in large part thanks to independent campaigners, a growing force in the scrutiny of multinationals whose activities can escape the gaze of official regulators.The revelations shaking Volkswagen, the world’s biggest automobile manufacturer by sales with a workforce of 590,000 people, can be traced to the work of the U.S.-based group International Council on Clean Transportation, which has a worldwide staff of 27.A red 2016 Volkswagen AG G
World BusinessSept. 24, 2015
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[Newsmaker] Itaewon murder suspect denies 18-year-old charges
After nearly two decades including a botched initial investigation and series of trials, a movie and a reinvestigation, the murder that took place at a fast-food joint in Itaewon returned to the spotlight Wednesday with the extradition of the key U.S. suspect.Arthur John Patterson, handcuffed and donned in all white, arrived at Incheon International Airport to face charges of murdering 22-year-old Korean student Cho Joong-pill in 1997.Patterson denied the allegations and said his Korean-America
Social AffairsSept. 23, 2015
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[Newsmaker] Volkswagen slams into false emissions scam
German auto giant Volkswagen’s shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts U.S. pollution tests.Volkswagen, the world’s largest automaker by sales in the first half of this year, said it had halted all diesel vehicle sales in the United States during a probe into the scandal, which could lead to fines of more than $18 billion.In addition to the environmental fines, U.S. autho
World BusinessSept. 22, 2015
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[Newsmaker] Triumphant Tsipras faces tough reforms
Greece’s left-wing prime minister-elect Alexis Tsipras has won a thumping poll victory that hands him a mandate to drive through unpopular reforms agreed under an austerity deal struck with international creditors.The unexpected margin of his victory Sunday came after a mutiny within the ranks of his radical Syriza party over a U-turn on tough tax hikes and pensions reforms felled his government and triggered Greece’s third vote this year.With around 90 percent of votes counted, Syriza looked se
World NewsSept. 21, 2015
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[Newsmaker] Park to regain control of Kumho Asiana Group
Kumho Asiana Group chairman’s long-awaited dream to bring back his business empire under his control is likely to be realized, with his reacquisition of Kumho Industrial, the de facto holding firm of the group, getting close. Kumho Asiana Group chairman Park Sam-koo makes a welcoming speech during the “2015 Korea-Japan Festival in Seoul,’’ held at the Coex, southern Seoul, on Sunday. He is in charge of the Korean organizing committee for the festival. (Kumho Asiana)Creditors of Kumho Industrial
IndustrySept. 20, 2015
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[Newsmaker] Makers of Budweiser, Miller eye global merger
Bottles of Budweiser (right) and Miller beer. (Bloomberg)The makers of Budweiser aren't satisfied with being the kings of beer. They want an empire.Anheuser-Busch InBev, the world's biggest brewing company and the owner of Budweiser, announced Wednesday it wants to buy SABMiller, the second-largest brewer — and the maker of long-time rival brand Miller Genuine Draft.The deal would create a multinational behemoth valued at around $275 billion with annual sales of $73.3 billion, more than three ti
World BusinessSept. 17, 2015
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[Newsmaker] Turnbull sworn in as new Australian premier
Multimillionaire former banker Malcolm Turnbull was sworn in as prime minister of Australia on Tuesday, just hours after masterminding a coup against conservative leader Tony Abbott, and pledging a new style of leadership.Turnbull is the country’s fourth prime minister in just over two years, a recent Australian political tradition the deposed Abbott slammed as a “revolving door” that was not good for the country.“This is the most exciting time to be an Australian,” Turnbull told reporters in t
World NewsSept. 15, 2015
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[Newsmaker] Lydia Ko youngest major winner
With two holes left to play in her bid to become the youngest LPGA major champion at the Evian Championship, Lydia Ko stayed as relaxed and composed as a seasoned veteran. The South Korean-born New Zealander birdied both on the shores of Lake Geneva to reach a new landmark in her short but already storied career. Lydia Ko AP-YonhapA flawless final-round display ― featuring spectacular approaches and clinical putts among her eight birdies ― made Ko the youngest major champion in LPGA Tour history
More SportsSept. 14, 2015
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[Newsmaker] Socialist Corbyn wins U.K. Labour leadership
Veteran socialist Jeremy Corbyn was elected leader of Britain’s Labour opposition on Saturday in a landslide victory that puts an anti-austerity figure at the helm of a major U.K. party.The 66-year-old, whose policies have been compared to those of radical leftist Greece’s Syriza and Spain’s Podemos, won after clinching 59.5 percent of the vote, giving Britain its most left-wing leader in decades among the main parties.The new Labour chief could divide Britain’s biggest opposition party, and he
World NewsSept. 13, 2015
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[Newsmaker] Apple presses deeper with new iPhones
Apple is bolstering its money-pumping iPhone line while looking to dive deep into businesses with iPads and dominate living rooms with Apple TV hardware tuned to app-loving lifestyles.Tricked-out new iPhone 6 models, along with overhauled Apple TV hardware and iPad Pro tablets with enlarged screens, were major announcements at the technology titan’s media event Wednesday in San Francisco. Apple Senior Vice President of worldwide marketing Phil Schiller talks about the new iPad Pro during an Appl
World BusinessSept. 10, 2015
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[Newsmaker] Queen Elizabeth II breaks reign record
After reigning through the decline of the British empire and some of the worst scandals in royal history, Queen Elizabeth II is set to become Britain‘s longest-serving monarch Wednesday.With over 63 years on the throne, the queen is one of the most famous and respected women in the world and “embodies the history of the 20th Century,” according to historian Kate Williams.Britain`s Queen Elizabeth waves as she arrives at Edinburgh Waverley Station before boarding a train drawn by a steam locomoti
InternationalSept. 9, 2015
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[Newsmaker] Samsung’s 1st biosimilar drug approved
Samsung Group, South Korea’s leading conglomerate, has taken a significant step toward driving forward its newly-established biopharmaceuticals business, an emerging sector expected to become one of the company’s future growth engines. Samsung Bioepis, the conglomerate’s biotechnology research and development unit, said Monday that it had gained approval from the Ministry of Food and Drug Safety to begin selling Brenzys, its biosimilar copy of Amgen and Pfizer’s rheumatoid arthritis treatment E
IndustrySept. 8, 2015