31st, Oct. 2014

The Korean daily media headlines and humorFriday, Oct. 31, 2014

Your Excellency:
Here are 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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The Korea Post notices:

Use The Korea Post Korean-language Internet Daily for your publicity need.

The Korea Post has completely renovated and upgraded its real-time Korean-language Internet into a regular Internet Daily (www.koreapost.co.kr).
Use it. It has a much wider audience in Korea than the English edition. Send your press releases to edt@koreapost.com for real-time publication.
The Korea Post exists to serve Your Excellency.
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Tour of Pyunkang Oriental Clinic: It is NOT October but November

Our sincere apology: In our invitation faxed to Your Excellency, we inadvertently wrote October instead of November which is the correct month.
The invitation is for the Excellencies and Madams to a Luncheon and Tour of Pyunkang Oriental Clinic for the exploration of possibilities of cooperation between Korea and your esteemed country in Oriential medicine through the use of Pyunkang Clinic.
The meeting place is the Diplomatic Center in Socheo-dong where the Uzbekistan Embassy is located, the time is 1000 hours 12 November 2014, Luncheon at 1200 hours and tour of Pyunkang Oriential Clinic 1300-1500 hours. Whoever wishes a quick checkup and diagnosis for diseases, especially respiratory diseases that are rampant in the changing times before winter, Your Excellency and/or Madam are most welcome.
It is an interesting tour good for the health of the people in your country as well as Korea, and I recommend that Your Excellency not miss the opportunity as it is only for several hours on that day and also in Seoul instead of the countryside.
The following stories by The Korea Herald and The Korea Post would give Your Excellency an idea as to what to expect from the tour:

Korea Herald story (http://www.koreaherald.com/view.php?ud=20141009000329)
The Korea Post story (/news/view.html?smode=&skey=Pyunkang&x=14&y=13§ion=165&category=192&no=595)
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Here is today’s ration of humor from a Korean-language business daily of this morning:

Seoul Kyungje
A guy tells his psychiatrist, "I always have this weird dream at night. I am locked in a room with a door on which there is a sign. I try to push it with all my strength, but no matter how hard I try, it won't budge."  The psychiatrist muses, "Interesting. Tell me what the sign on the door says?"
The guy replies, "It says 'Pull'!"
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KBS (http://world.kbs.co.kr/english/news/)

Constitutional Court Rules Current Electoral District System Unconstitutional
The Constitutional Court has ruled that the current law that says the population gap between the most populated electoral district should not exceed three times that of the least populated district does not conform to the Constitution.

New US Ambassador Arrives in S. Korea
The new U.S. ambassador to South Korea Mark Lippert has arrived in South Korea.

Tormentor of Private Yoon Case Sentenced to 45 Years in Prison
South Korea's Military Court on Thursday sentenced an army sergeant, surnamed Lee, to 45 years in prison for his role in the bullying death of a private in April.

Gov't Says Fed’s QE Ending Would Have Limited Impacts on S. Korea

KOSPI Ends Tad Lower After Fed's Decision to End QE

Finance Minister Warns Against Fluctuation in Int'l Financial Market

US Envoy to Six-Party Talks: Nuclear, Human Rights Not Incompatible

Remains of 437 Chinese Soldiers Killed in Korean War Buried in China

24 Nations Gather for Seoul Defense Dialogue

Tormentor of Private Yoon Case Sentenced to 45 Years in Prison

Gov't to Receive Ebola Treatment from Fujifilm

Body Recovered from Sewol Ferry Confirmed to be Female High School Student
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Yonhap (http://english.yonhapnews.co.kr)

Army sergeant gets 45-year jail term for comrade's death

A military court sentenced an Army sergeant to 45 years behind bars on Thursday for leading the abuse and beating death of his junior comrade earlier this year. The sergeant, identified only by his surname Lee, was convicted of inflicting injuries on the 23-year-old Army private first class, surnamed Yoon, which resulted in his death in April at their frontline unit on the east coast.

Low rate, platform shift to squeeze S. Korean banks in 2015

Already pressured with economic uncertainties at home and abroad, South Korean lenders are expected to face another tough year in 2015 as interest rates run low and mobile payment platforms crowd into traditional banking territory, market watchers said Friday.2014/10/31 08:41Related Stories

S. Korean insurers' net jumps 25.7 pct in Q1-Q3

South Korean insurance companies saw their net income jump 25.7 percent in the first nine months of the year from a year earlier on the back of increased investment-related earnings, the financial watchdog said Friday. 2014/10/31 06:00

Apple CEO Cook comes out publicly as gay

Apple CEO Tim Cook came out publicly as gay Thursday, saying he is proud of his sexual orientation and considers it "among the greatest gifts God has given me." Cook made the announcement in an essay written for Bloomberg Businessweek. He is considered one of the highest-profile CEOs to come out as gay. 2014/10/31 04:12

U.S. pledges to work with Security Council to refer N. Korea to ICC
The United States will work with the U.N. Security Council to refer North Korea to the International Criminal Court (ICC) for its human rights violations, the State Department spokeswoman said Thursday. 2014/10/31 03:29
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The Korea Herald (http://www.koreaherald.com)

Army sergeant gets 45 years in jail for abuse
A military court Thursday sentenced a 26-year-old sergeant to 45 years in jail on charges of beating a private first cla...

Constitutional Court ruling to change voting districts
South Korea’s highest court ruled against a regulation on the population size of voting distri...

NPAD calls for constitutional revision before 2016 elections
Leaders of the ruling and main opposition parties made their parliamentary addresses Thursday, ...

Google shows Jeju’s natural wonders
Google Cultural Institute director Amit Sood (second from left) poses with Jejudo and Google of...

Janet Yellen era set to begin
When the Federal Reserve announced the end of its landmark bond buying program Wednesday, i...

Employment policy
Government figures showed this week the number of self-employed individuals and irregular wo...

Debt management
In her address to the National Assembly on Wednesday, President Park Geun-hye called for leg...
   
Peers call for Korea Exchange privatization
Korea’s state-run Korea Exchange would perform better if it were privatized once again and wen...

Ssangyong X100 in final stages
Excitement was clearly visible on the faces of employees worki...
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The Korea Times (http://www.koreatimes.co.kr)

Electoral zones to undergo major change

The Constitutional Court ruled Thursday that the current law on drawing National Assembly constituencies fails to represent the district-to-district gap in the number of voters. The ruling means that 35 constituencies should be ...

Park aide ham-fisted on NK

Cheong Wa Dae has been accused of a lack of professionalism in handling inter-Korean talks, which did not take place Thursday as planned. Hope replaced skepticism when a top presidential aide insisted the meeting would take plac...

Army sergeant sentenced to 45 years

A military court sentenced an Army sergeant to 45 years in prison Thursday after finding him guilty of beating a junior soldier to death early this year. 

Loose part falls from Lotte World Mall balcony, injures man

A man was injured at the newly-opened Lotte World Mall in southern Seoul, Thursday, when part of a...

'Defector worked as NK spy'

The prosecution has indicted a North Korean defector on charges of working as an informant for diplomats from Pyongyang stationed in China, according to the D...

'China factor could determine QE impact on Korea'

The ending of U.S. quantitative easing (QE) may have varying degrees of impact on the Korean economy, depending on other factors, experts said Thursday.

KB subcontractors raided over suspicious deals

Prosecutors raided the offices of subcontractors of KB Financial Group Thursday as part of an investigation into suspicious KB business deals.                                  

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Dong A (http://english.donga.com)

Chinese tourists power tourism balance surplus
Korea’s tourism balance has turned to surplus for the first time in 28 months. Increase in Chinese tourists has pushed up September tourism receipts past 1.7 billion dollars, a record high. The Korea Tourism... 
Battle over N. Korean human rights Kim Hye-sook, 53, who spent 28 years at a notorious North Korean concentration camp, testifies on the human rights situation in the communist state at a special forum at the U.N. headquarters in New York on Wednesday;...
Opposition fuels controversy over constitutional revision
The main opposition New Politics Alliance for Democracy (NPAD) continues to fuel discussions about the proposed revision of the Constitution. A day after Moon Hee-sang, interim leader of the NPAD, told President Park...

Japanese historians scold Japanese PM`s view on comfort women

Japanese history scholars confronted head-on the history distortion by Japanese Prime Minister Shinzo Abe. On Oct. 30, Japanese Association for History Research announced a statement, “It is unshakable truth that the...

Shilla Dynasty’s gilt-bronze conical cap excavated in southern Korea
Gilt-bronze conical cap made during Silla dynasty in the latter 5th century was excavated in Uiseong District of North Gyeongsang Province. This is the first time that a gilt-bronze conical cap with an ornamental stick...

Child porn distributors nabbed
The police have cracked down on multiple people who distributed or owned child pornography in a collaborative investigation with the Homeland Security Institute. The Korean National Police Agency Cyber Bureau has...
New manager needs to find new talent 

(2014 World Series) Kansas City crushes San Francisco 10-0 

Can SK pitcher Kim join U.S. Major League Baseball? 

Kim Ki-tae named new manager of Kia Tigers
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Chosun Ilbo (http://english.chosun.com)

China Threatens Korea with Growing Top Exports

China was home to 1,485 products that led the global market as of 2012, according to the Institute for International Trade. The number was up 254 from 1,231 in 2009. In comparison, Korea had 73 leading exports in 2009 but that dropped to 64 in 2012. >> Full Text

UNESCO to List Korean Farmers' Music

Nongak or traditional farmers' music is set to be added to UNESCO's intangible cultural heritage list. The Cultural Heritage Administration on Wednesday said nongak was recommended for the Representative List of Intangible Cultural Heritage of Humanity by the responsible UNESCO subcommittee.  >> Full Text

LG Buoyed by Bumper Smartphone Sales

LG Electronics has seen a dramatic improvement in business performance after aggressive efforts to catch up with rivals in the smartphone market. LG said Wednesday its third-quarter sales totaled W14.9 trillion, while operating profit amounted to W461.3 billion.  >> Full Text

N.Korean Regime Continues Game of Musical Chairs

N.Korea 'Developing Submarine-Based Missiles'

N.Korea Rejects Cross-Border Talks

Ferry Victim's Body Retrieved After Long Struggle

New U.S. Envoy Misses Connecting Flight
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Hankyoreh (http://english.hani.co.kr)

US six-party talks envoy gives strong message on dialogue with North Korea

Sydney Seiler explains that the US is not insisting on denuclearization as a precondition for talks

The US State Department’s special envoy to the six-party talks on the North Korean nuclear issue sent a strong message on Washington’s willingness to resume dialogue with Pyongyang. Now it remains to be seen whether a way out lies in store for the long deadlock in North Korea-US relations and the six-party talks. 

“The US has never once talked about denuclearization being a precondition for resuming talks,” special envoy Sydney Seiler told the Hankyoreh on Oct. 29.

South Korea’s pyroprocessing could be used for nukes, official says

The associate director of the Argonne National Laboratory, a nuclear physics research institute that is affiliated with the US Energy Department, said there is a high likelihood that the pyroprocessing technology that the US and South Korea are jointly researching at the laboratory could be used in the manufacture of nuclear weapons.

Samcheok notifying government bodies of nuke plant opposition                                                   

The campaign against a planned nuclear power plant construction project in Samcheok, Gangwon Province is gathering steam. Samcheok has sent notices to the central government and National Assembly calling for the project’s cancelation, while the city council is planning an overseas workshop to see the aftermath of the 2011 Fukushima nuclear power plant disaster in Japan.

Victims of police water cannon win compensatio

A court ordered the central government to pay between 800,000 and 1.2 million won (US$761 and US$1,141) to people who were injured when the police shot them with a water cannon. However, since the standards for police use of water cannons as stipulated in the law and presidential orders contain only vague references to “keeping use to a minimum,” the low amount of compensation is unlikely to eliminate the possibility of water cannons being used excessively.                                                    

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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Leaflet activist says he’ll stop if North apologizes‘
If Seoul accepts the North’s demand on the balloons, it will fall into its trap.’The defector behind the anti-North Korea leaflet campaign said he is willing to ground his balloons if Pyongyang apologizes for the sinking of the warship Cheonan, the shelling of Yeonpyeong Island and the killing of a South Korean tourist at the Mt. Kumgang resort. …  .

Korea fears instability after end of Fed’s QE
Now that the U.S. Federal Reserve has announced the end of the unprecedented asset-purchase program that propped up the global economy for the past six years,…

Electoral map has to be redrawn
The Constitutional Court yesterday ruled the national electoral constituency map unconstitutional, ordering redistricting to fix unequal representation caused by population disproportions…

Top envoy has a warm welcome
Mark Lippert, the new U.S. ambassador to Korea, vowed yesterday upon his arrival here to ensure that his country remains fully aligned in its efforts to achieve …

For talks, nuclear activities must halt, envoy says
The U.S. special envoy on the six-party talks said Washington is not pursuing the denuclearization of North Korea as a pre-condition for resuming the six-party talks with the reclusive state…

Military court sentences six in Army abuse case
A military court yesterday sentenced an Army sergeant to 45 years in prison for spearheading the systematic abuse of a young conscript, who died in April after months of torture. …
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Edaily (http://eng.edaily.co.kr/Stock/)

[Table] Today’s Stock Market Brief

This is a stock market brief of Today. [table] Total stock market id="" width="570... 

[Closed]KOSPI 1,934.94p( 15.42p) slightly up, KOSDAQ 546.83p( 5.04p) slightly up

KOSPI & KOSDAQ Index Closed KOSPI closed slightly up 15.42p( 0.80%) at 1,934.94p from yesterday. KOS... 

[Table]Currently Index of Major Country in ASIA

This is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ... 

[Midday]KOPSI 1,931.41p( 11.89p) slightly up, KOSDAQ 546.56p( 4.77p) slightly up

KOSPI & KOSDAQ Index KOSPI slightly up 0.62%(11.89p) to 1,931.41p at 14:01. KOSDAQ slightly up 0.... 

[Table]Currently Index of Major Country in ASIA

This is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ...

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Maeil Kyungje (neutral-oriented conservative, economic/business):

(http://news.mk.co.kr/english/)

Gov’t: no additional pump-priming
Gov’t: no additional pump-priming-image  The government will dramatically switch its focus on economic policies from a stimulus to economic innovation and restructuring. It will not take expansionary macroeconomic policies including liquidity supply from state coffers and interest rate cut to prop up the economy in the short term. Instead, the government will work out to bolster economic fundamentals through intensive innovation in finance, labor and education and then increase potential gro.....10.30.2014

Investors resort to pre-sale commercial properties, ..

5 tips for S. Korean start-ups’ success

Public servants to start receiving pens..

Property stimulus ends up only raising ..

Smartphone faceoff: Samsung Galaxy Note..

Ground broken for S. Korea’s biggest R..                                                                                           

The Korea Post notices:

The Korea Post opens Korean-language Business-Economic Internet edition
I am pleased to inform Your Excellency that The Korea Post is renovating its Korean-language Internet on a massive scale to contribute to the promotion of trade and economic cooperation between your esteemed country and Korea.
The new Korean-language Internet edition will primarily accommodate the publicity needs of the Commercial-Economic Section of your esteemed Embassy for the Korean audience as well as the business community.
In connection with this effort, we would like to secure the following information for prompt communication between the Korean-language Internet of The Korea Post and your Commercial-Economic Section:

Name of Commercial-Economic Officer(s)
Email address
Telephone, fax and mobile phone numbers
Mailing address for regular mail such as complimentary copies of The Korea Post
Any other information considered by the Embassy to be useful between the Embassy and The Korea Post.

The contract information of The Korea Post is:

Tel 2298-1740/2, Fax 2298-9506
010-3386-1682 Ms. Kim Jung-Mi for Korean callers
010-5201-1740 Chairman Lee Kyung-sik (for English)
Email address: edt@koreapost.com                                                                                                          

The Korea Post notices:

Attention, Trade Representatatives, Commercial Ministers, Counsellors, Officers!

Thank you for your warm interest in the separate English- and Korean-language Internet editions of The Korea Post. The Korean-language Internet edition is presently undergoing a massive renovation for the adequate accommodation of the increasing publicity needs of the trade/economic sections of the foreign embassies in Seoul.
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For this purpose please email us (edt@koreapost.com or korpost@chol.com) your press releases on the following or other subjects:

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The contact information of The Korea Post is:
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