November 25, 2013

The Korean daily media headlines and humor

Monday, November 25, 2013

Good morning, Excellency!

Here are African proverbs, humor from Korean-language economic dailies and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
/s/
        
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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Dr. Sang-Ki Hahn's African wise-saying:
The ant-hill and the kagya plant do not thank each other.
-A common African proverb
The eyes do not choose the best.
- A Congolese proverb common also in Kenya and Tanzania
True love is not based on wealth
- A Ghanaian proverb
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Humor from Korean-language economic dailies this morning:

Seoul Kyungje

A graduate student was applying for a part time job to help with his course fees.
He applied to work in a supermarket and gets the job.
The first day the manager told him to sweep the floor.
The graduate student was furious and shouted, "Hey mate, don't you know that I have several degrees in various areas of science, and after seven years of going to university you ask me to sweep the floor?
The manager replied, "Oh sorry, I didn't know that, here pass me the broom and I'll show you how to sweep the floor."

Hankuk Kyungje
A Very Correct Man
The woman was busy preparing supper when her husband came in from work and offered to help her.
“You can’t help much,” said the woman, “but you might get me a kohlrabi.”
“What size?” asked the man.
“Oh, about the size of your head,” said the wife.
The man was away for some time, and then he came back carrying a kohlrabi. His wife received him with a broad grin. “What are you laughing at?” he asked.
“Why, Mrs. Johnson stepped in to tell me that she’d seen you in the field trying your hat on almost all of kohlrabies.”
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KBS (http://world.kbs.co.kr/english/news/)
PM Stresses Security on 3rd Anniv. of Attack on Yeonpyeong Island
Prime Minister Chung Hong-won says achieving strong security posture is the most important task at hand to South Korea at present.

Samsung to Pay 360 billion won to Taean Residents Affected by 2007 Oil Spill
Samsung Heavy Industries will pay 360 billion won in damage compensation to the residents of the area affected by the Taean oil spill in 2007.

US: No 6-party Talks without Signs of N. Korea Giving Up its Nuclear Weapons
The U.S.’ top nuclear negotiator says the U.S. is not interested in returning to the six-party nuclear talks without a clear sign of North Korea giving up its nuclear weapons.

Rival Parties Commemorate Fallen Soldiers of Yeonpyeong Island
Rival parties joined hands to commemorate the fallen heroes who lost their lives in North Korea's shelling of the South's Yeonpyeong Island three years ago.
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea expresses regret over China's air defense zones
South Korea expressed regret on Sunday over China's recently announced air defense zone that partly overlaps with its territory, prompting concerns for a possible dispute between the neighbors.

Defense ministry slams Catholic priest for remarks on N. Korea
The defense ministry lashed out at a Catholic priest Sunday for defending North Korea in its attacks against South Korea three years ago, saying his remarks were an affront to the military and the victims' families.

Park In-bee claims second straight LPGA Tour money title
South Korean golfer Park In-bee clinched her second straight LPGA Tour money title with a top-five finish at the season's final tournament in Florida on Sunday.

S. Korea welcomes Iran's nuke deal, urges N. Korea to follow suit
South Korea hailed Sunday a historic deal on ending Iran's nuclear weapons program, calling on North Korea to take the same path to denuclearization.

WB all set to help N. Korea but 'political breakthrough' needed: Kim
The World Bank Group (WBG) will immediately provide North Korea with aid in the event of a "political breakthrough" akin to that in Myanmar, the head of the Washington-based institution
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The Korea Herald (
http://www.koreaherald.com)
Evidence shows Japan’s violence in 1923 massacre
Japanese vigilantes and some military personnel exercised extreme brutality during the massacre of Koreans after the 192...

World powers, Iran clinch 'historic' nuclear deal
Iran agreed to curb its nuclear programme in a breakthrough deal Sunday that wo...

Parties clash over priests’ remarks against Park
Controversial remarks by a group of progressive priests on Friday are adding fuel to ongoing political bickering between the ruling and opposition parties. The Catholic Priests’ A...

G-Dragon dominates 2013 Mnet Asia Music Awards
The leader of K-pop idol group Big Bang won big at the fifth annual Mnet Asia Music Awards cere...

New political force
Ahn Cheol-soo, who has been pushed out of the political limelight since he bowed out of the presidential race one year ago, is coming back to center stage, this time with a plan to organize his supporters into a political party and, by doing so, change the nation’s virtual two-party system.

New faultlines widen at U.N. climate talks

Indonesia raises volcano alert level to highest

China begins work to set up monument for Korean independence fighter

Korean ex-leprosy patients return to island colony

Secret U.S.-Iran talks set stage for nuclear deal
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The Korea Times (
http://www.koreatimes.co.kr)
Catholic mass deepens confrontation
A mass organized by members of a Catholic community here calling for President Park Geun-hye’s resignation is aggravating confrontation between rival political parties. The Catholic Priests’ Association for Justice (CPAJ) held t...

'Silent immigrants' enter into limelight
Fifty years ago, hundreds of Koreans flew to Germany to work as miners. They were the first batch of workers sent to the country under a labor recruitment accord, the first such agreement Germany signed with countries outside Eu...

KB Kookmin in hot water for loose controls   KB Kookmin Bank is facing a confidence crisis as its internal controls are being seriously questio... 

Man detained for fake bomb threat at Myeongdong Cathedral  
Police said Sunday they detained a 69-year-old man for falsely claiming to have planted two explos... 

Russia wants more trade with Korea 
Russian Ambassador to South Korea Konstantin Vnukov expressed hope that Korea will outpace Japan i... 

Ahn's plan under skepticism  
Independent lawmaker Ahn Cheol-soo is once again in the spotlight with his plan to announce the fo... 

Tiger attacks trainer at Seoul Zoo  
A three-year-old Siberian tiger attacked a trainer after briefly escaping from an unlocked cage at... 

Drivers face fines for tailgating at intersections 
Police have launched a crackdown on tailgating at intersections in downtown Seoul. 

Chung calls for quality steel sheets for vehicles  
Hyundai Motor Group Chairman Chung Mong-koo visited the facilities of the group’s steel making aff... 

Schools decry deregulation on construction of hotels 
The government’s move to ease rules on building hotels near schools is causing a stir. 

JCS chief regrets deaths of 2 GIs 
Adm. Choi Yoon-hee, chairman of the Joint Chiefs of Staff (JCS), has sent a condolence letter to G...
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Dong A (
http://english.donga.com)
Seoul Archbishop calls on priests not to involve in politics.
As Catholic priests belonging to the North Jeolla branch of the Catholic Priests’ Association for Justice made controversial remarks on North Korea’s shelling of South Korean island Yeonpyeong and called for the...

Lawmaker`s book launch ceremony
Yoon Sang-hyun, the ruling Saenuri Party`s vice floor leader and a key member of the party`s faction supporting President Park Geun-hye, bows Thursday while shaking hands with Kim Moo-sung (right), a Saenuri lawmaker...
Economics of ‘MAMA’ as bridgehead for Korean Wave
Mnet Asian Music Award (MAMA) ceremony held in the Asia World Expo Arena of Hong Kong last Friday was the single largest music event dedicated to K-pop (Korean pop music). This year’s MAMA drew much attention not just...

‘Englishman’ promotes Korean culture in London streets
A good looking man as handsome as a fashion model was walking up from a distance. It is Josh Carrot, 24, the main character of popular YouTube video clips garnering hundreds of thousands of views. Since August this...
Do you know the Korean version of MK Taxi?
“Kindness is basic. But what’s more important is to be familiar with a passenger. After getting familiar with each other, passengers become generous about driver’s small mistakes such as taking the wrong way.” 

`Tokyo should issue statement admitting forced draft of comfort women`
“The Japanese government should issue a statement that clearly admits to the forced nature of comfort women’s mobilization.” 
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Chosun Ilbo (
http://english.chosun.com)
Korea's Regional Cities Are Booming
Yeosu, South Jeolla Province used to be surrounded by rice paddies, and people would fish and farm for a living. But as long ago 1973 the government announced plans to develop the sleepy southwestern port city into a hub for the chemical industry, leading to the creation of a vast industrial complex there.

Korean Life Expectancy on Par with Advanced Countries'
Life expectancy in Korea is 81.1 years, according to an OECD health report released on Thursday. That is shorter than Japan's 82.7 years, France's 82.2 and Sweden's 81.9, but longer than Germany's 80.6 and the U.S.' 78.7 years and the same as in the U.K.

Ulsan Has Best Quality of Life in Korea
Ulsan was rated the best of Korea's largest metropolitan cities to live in and Busan the worst, according to a survey.

New Pakistan Island Disappearing
Researchers in Pakistan are confirming visible changes in the size of a new island that suddenly appeared in the Arabian sea off the country's southwest coast after a September 24 earthquake.

Climate Talks Stalled Over Finance, Carbon Cuts
Climate talks in Warsaw have carried over into an extra day, with little hope for an agreement between developed and developing countries at the UN Climate Change..

N.Korea Confirms Holding U.S. Citizen
The United States says North Korea has acknowledged that it is holding another American citizen. State Department spokeswoman Jen Psaki said Friday that North Korea told the..
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Hankyoreh (
http://english.hani.co.kr)
Catholic priests call for Pres. Park to resign
Interference in last December’s presidential election and highhanded response prompt calls for Park’s resignation
North Jello correspondent, Jung Dae-ha, Gwangju correspondent, Kim Kwang-soo, Busan correspondent and Choi Sang-won, South Gyeongsang correspondent
Priests from the Jeonju diocese of the Catholic Priests' Association for Justice (CPAJ) held a special mass on the evening of Nov. 22 at the Susong Cathedral in Gunsan, North Jeolla Province. At the mass, the priests declared that the presidential election was illegal and rigged because of the interference by the National Intelligence Service (NIS) and other state institutions. The priests also called on President Park Geun-hye to resign.

The government’s uncalled for slander of a political party
At the briefing room on the third floor of the Seoul Central Government Complex, at around 10:30 am on Nov. 22, Unification Ministry spokesperson Kim Ui-do was reading out a statement, a message to North Korea about anti-government agitation in the South and the detention of South Korean citizens. Along the way, he said something quite odd.

China seeking resumption of six party talks without preliminary steps by N. Korea
China’s proposal for resuming the six-party talks did not contain ...
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Joong Ang (conservative): (
http://koreajoongangdaily.joinsmsn.com/)
Catholic group denounces Park
Controversial priest supports North Korea on Yeonpyeong attack
A left-wing Catholic group is facing criticism over defiant remarks made by a senior priest who denounced President Park Geun-hye and made seemingly supportive comments about North Korea’s deadly shelling on a western South Korean island three years ago…

Korea warns Japan on scope of self-defense
Amid escalating concerns over Japan’s push to seek the right of collective self-defense, the Korean government has delivered its stance on the controversial move…

Pollution a devious foe for environment officials
Winter will be here soon, and already a noticeable haze has descended over Seoul and other stretches of the country…

Wife pleads for release of vet detained in North
PALO ALTO, California - The wife of an 85-year-old veteran detained in North Korea implored authorities to let her husband return to his anxious family and …

Foot-and-mouth vaccine spurs flap
The government and hog farmers are at odds with each other over a foot-and-mouth disease vaccination. While the government says the vaccination is necessary…

Community centers grow shoddy with low budgets
At a community welfare center in Gangseo District, southwestern Seoul, a group of 50 seniors were clapping and singing during a music program…

Chairman Chung pins hopes on new Genesis model
With the release of Hyundai Motor’s next-generation Genesis sedan imminent, Hyundai Motor Group Chairman Chung Mong-koo urged employees to stay alert and…

Hyundai E&C global tops $100 billion
Hyundai Engineering and Construction said yesterday that its accumulated value of secured overseas construction projects has surpassed $100 billion…

Housing headache: jeonse homes drying up
“Do you have any jeonse apartments available?” I think I’ve asked that question at least 20 times to realtors in my neighborhood this month alone…

Companies to see changes as new laws take effect
Mr. Kim is looking forward to the new year. The 33-year-old banker is paid an annual salary of about 53 million won ($50,000), but…

Little lunchbox is a big business
Lunchbox franchises are becoming big players in the restaurant business as office workers cut back on lunch expenses and …

Franchise firms treat moms and pops better
Franchise headquarters are competing to offer various types of support for their franchisees, including financial help when opening up shop…

LG U launches bigger cable packages, adding 23 channels
LG U said yesterday that it is launching a new Internet Protocol TV service, which will offer 149 channels for 14,000 won ($13.19) per month…
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Edaily (
http://eng.edaily.co.kr/Stock/)
[Table- Weekly Market] Weekly Fluctuation of World Index
11.18~11.22 this is the weekly fluctuation of world index. [table] Weekly fluctuation of world index ...

[US the closing price]The U.S. Dow Jones Index, 54.78p( 0.34%) slightly up.
The U.S. Dow Jones Index Closing (At 2013.11.22) The Dow closed at 16,064.77p, slightly up 54.78p( 0.34%)...

[Table- Weekly Market] Weekly Fluctuation of Interest Rate
11.18~11.22 this is the weekly fluctuation of interest rate. [table] Weekly fluctuation of interest rate ...

[Table]Exchange Rate Quotation
This is Exchange rate Quotation offered by Korea Exchange Bank. [table] Exchange Rate Quotation Offered by KEB ...

[Table- Weekly Market] Weekly Fluctuation of Exchange Rate
11.18~11.22 this is the weekly fluctuation of exchange rate. [table] Weekly fluctuation of exchange rate ...

[Table]Exchange Rate Currency Crossrate
2013.11.25 08:10(Korean time), this is Currency Crossrate of major 12 countries. [table] FX Cross Currency ...
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Maeil Kyungje (neutral-oriented conservative, economic/business): (
http://news.mk.co.kr/english/)
Gov’t to put 12 public firms under control list
The South Korean government will keep watchful eye on 12 public firms that it selects as the target for debt reduction.The list included 12 public firms ? Korea Land Housing Corporation, Korea Electric Power Corporation, Korea National Oil Corporation, Korea Gas Corporation, Korea Railroad Corporation, Korea Coal Corporation, Korea Water Resources Corporation, Korea Rail Network Authority, Korea Expressway Corporation, Korea Resources Corporatio..

Samsung Elec. likely to rank 2nd place in global chip market this year
Samsung Electronics is likely to narrow the gap between Intel, the world’s chip market leader, this year, maintaining the double-digit market share for two consecutiv..

Hyundai Engineering & Construction’s aggregate overseas orders break abov..
Hyundai Engineering & Construction (HDEC) said its cumulative overseas orders crossed $100 billion. The feat came 48 years after HDEC has become the first South Kore..

S. Korea to open part of agricultural, fishery market to China
South Korea hinted at its willingness to put some of agricultural and fishery products on the Korea-China free trade agreement’s list at its FTA talks with China. Th..

LG Elec., Pantech bet on premium product line in China
South Korea’s electronics manufacturers including LG Electronics and Pantech will mobilize premium and country-differentiated strategies to respond to the threat from.
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