Nov. 3 2014
The Korean daily media headlines and humor
Monday, November 3, 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-sikPublisher-ChairmanKorea Post Media-------------------------------------------The Korea Post notices:
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I express my deepest gratitude to the Excellencies and other distinguished readers for their kind renewing of their annual subscription to The Korea Post.The Korea Post is an independent publication receiving no subsidy or any other form of financial support or assistance whatsoever from the government or any other organization in Korea or around the world. The Korea Post magazine, English and Korean Internet dailies and this e-daily are published solely with revenues from subscription and advertisement.The subscription rate has not been raised since 2008 when it was last updated to the present rate, and this is the last chance for subscription to the old rates as they will have to be raised soon due to the continuously rising prices of commodities and other charges.For renewal of annual subscription, the amount is 120,000 won (discounted from 144,000 won) and the bank account information is:
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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.-------------------------------------------
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)-------------------------------------------
Here is today’s ration of humor from a Korean-language business daily of this morning:
Seoul KyungjeA couple had four at a birth after they have been married 3 years.
Happily the woman in childbed said to her friends, "The doctor said to me that we can have four at birth at the rate of a ten-thousandth."
At this, one of them said to her with great envy
"Of all thing! Have you already made love ten-thousand times?"
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The Korea Post (www.koreapost.com)
Mrs. Yan Donko (wife of the former Austrian Ambassador in Seoul) has adopted a new ‘family member’ named Asahi (Morning Sun) which is a very cute little cat. Mrs. Donko put her story and her photo with Asahi on her Facebook timeline, and immediately she got congrats from many wives of the former and incumbent ambassadors, including the wife of the former UAE ambassador. Meet the former ambassadors and their wives at the Facebook space of The Korea Post, including former Ambassadors Koirala of Nepal, Tran of Vietnam, Al Mainnah of the UAE and Andonov of Bulgaria (incumbent). To visit The Korea Post Facebook timeline, just click: https://www.facebook.com/profile.php?id=100001310274120-------------------------------------------
KBS (http://world.kbs.co.kr/english/news/)
'N. Korea Launches Ballistic Missile Submarin A South Korean official says that North Korea has launched a new submarine capable of firing ballistic missiles. A government source in Seoul said Sunday that the North recently launched a new submarine after importing and modifying a Soviet-era Golf-class diesel submarine which was built in 1958 and decommissioned in 1990.N. Korean Team for U-15 Football Tournament Arrives in S. Korea
North Korea's youth football team arrived in South Korea on Sunday with a group of some 30 members set to participate in an international football tournament this week.Ruling Camp to Discuss Ways to Block Gerrymandering Monday
The ruling Saenuri Party’s special committee on political reform will convene its seventh full session on Monday to discuss ways to map out electoral districts.Tobacco Shipments Hit 8-Year High in Septembe
'S. Korea in Upper Ranks in Growth Fundamentals'Foreign Ownership in Samsung Electronics Hits 8-Year
New Resolution on N. Korea's Human Rights Submitted to UN General AssemblyJapan's Ruling Party Launches Committee to Counter Criticism on Sex Slavery IssueUS Survey: S. Korean Ranks Low in Life Satisfaction Among Asian Countries-------------------------------------------
Yonhap (http://english.yonhapnews.co.kr)
S. Korea strongly regrets NK threat to end dialogue
South Korea expressed strong regret Sunday over North Korea's latest threat to cease all inter-Korean contact due to the scattering of anti-Pyongyang propaganda leaflets across the border, saying the possibility of fresh high-level talks has effectively come to naught.Kerry: China is helpful in dealing with North Korea
China is working harder to pressure North Korea over its nuclear program, reducing fuel oil supplies to the impoverished neighbor and putting restrictions on trade, U.S. Secretary of State John Kerry said.2014/11/03 07:25U.S. policy on N. Korea unlikely to change after midterm elections
The U.S. policy on North Korea is unlikely to differ much from now after this week's midterm elections because the issue sits low on Washington's priority list and there is little difference between the rival parties on how to deal with the communist regime, analysts said Sunday.2014/11/03 04:07Victims' families say they are not opposed to political compromise on ferry bills
The families of those killed in April's deadly ferry disaster said Sunday they are not opposed to a recent breakthrough deal that ended a months-long standoff in parliament over the incident.2014/11/02 23:01N. Korea's football players arrive in S. Korea for U-15 games
North Korean teenage football players arrived in South Korea Sunday for an inaugural U-15 football competition to be held in a border town amid tensions on the Korean Peninsula.2014/11/02 21:10
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The Korea Herald (http://www.koreaherald.com)
‘N.K. launched ballistic missile submarine’North Korea has recently launched a submarine capable of firing ballistic missiles, a news report said Sunday, adding to...
Moneual reveals banks’ inability to sort out faulty companiesThe recent unraveling of the once-promising venture firm Moneual has touched off skepticism tha...
Public sector pension row spreadsThe controversy surrounding a plan to reform the Government Employees Pension is spreading foll...
Security experts, civil group urge student data protectionThe need to create an environment for better protecting students’ private information in the a...
New U.S. envoy faces daunting challengesFortified by expertise, experience and the trust of top U.S. leadership, Ambassador Mark Lippert is taske...
A lost yearEducation authorities admitted ― belatedly ― last week that one of questions from last yea...
External risksKorea’s economy has recently seen external conditions deteriorating quickly with domestic i... Three operas, three different experiencesNovember brings an interesting bag of opera productions that offer a cross-section of what’s h...
Foundation promotes East Asian cooperation with history lessonsForeign residents are gaining insights into the Korean identity and culture at the Northeast As...-------------------------------------------
The Korea Times (http://www.koreatimes.co.kr)
Victims' families say they are not opposed to political compromise on ferry bills
The families of those killed in April's deadly ferry disaster said Sunday they are not opposed to a recent breakthrough deal that ended a months-long standoff in parliament over the incident. The families "respect the difficult ... N. Korean submarine 'capable of firing ballistic missiles' North Korea has built a submarine modeled on a Soviet-era Golf class vessel capable of firing ballistic missiles, military sources said Sunday. “The North has made an imitation based on the old Soviet model with the knowledge ea... Gov't to go migrant-friendly Gender Equality and Family Minister Kim Hee-jung has promised policies that are friendlier to interracial families. “It’s critical to help society understand that we are becoming a multicultural society,” Minister Kim said in a ...Foreigners increase Samsung shareholdings to record high Korean
Foreign investors’ holdings of Samsung Electronics stocks rose to an eight-year high last month, the Korea Stock Exchange (KRX) said Sunday. Epik High tops charts
Epik High, a three-member hip-hop group, was up and running at 10 a.m., unusually early for pop ar... Learning cultural diversity key to multiculturalism
Understanding and respecting different races is the first step for a society to become multicultur... 'Family is what keeps me going'
“Of course I speak Korean fluently. I am Korean,” said Ussa Undang, 42, a Thai immigrant who came ... Building both linguistic and cultural competence
Dr. Park Myung-seok, a professor emeritus at Dankook University, said that readers of English news...
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Dong A (http://english.donga.com)
Kenyan researcher`s comparative study on Korean-Kenyan music
“Ncungu and Nongak are similar in their feel.” Kenya’s African Cultural Regeneration Institute research fellow Jesse Muriuki Ithai presented a comparative research of the Kenyan traditional music Ncungo and Korean folk...
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;...
Korea Exchange tops in salary despite low profit among state companies
Statistics show that Korea Exchange pays the highest annual salary per employee of 112.44 million won (approx. 104,000 U.S. dollars) on average among 302 state-owned companies. Industrial Bank of Korea (IBK) and Korea...
Abe administration openly critical of Asahi Shimbun
Park In-bee wins her third tournament of the season
Ronaldo expected to score most goals this season
Single elderly man dies, leaving food money for caretakers
Lotte Giants appoint Lee Jong-un as new manager-------------------------------------------
Chosun Ilbo (http://english.chosun.com)
1 in 4 Koreans Leave Hometowns for Work
A quarter of all Koreans leave their hometowns in search of work, a trend especially evident in North Gyeongsang and South Jeolla provinces. According to a study based on family registration records in metropolitan cities and provinces by the Supreme Court, most people come from Seoul with 9.78 million. >> Full Text
Most Couples Still Depend on Parents for Marriage
Only 201,200 couples tied the knot from January to August this year, the fewest since 2005, Statistics Korea said Monday. The economic slump, tough job market and other factors apparently put people put off getting married. >> Full Text
Half of Salaried Workers Earn Less Than W2 Million
Half of Korea's salaried workers make lss than W2 million a month (US$1=W1,057). Statistics Korea unveiled employment data on Thursday showing that 49.7 percent of the 18.73 million salaried workers here earn less than W2 million a month. >> Full Text
Korea Deploys Home-Grown FA-50 Fighter Jets
Kim Jong-un Visits Aviation Unit
Olympic Short Track Medalist Park Seung-hi Switches to Long-------------------------------------------
Hankyoreh (http://english.hani.co.kr)
Final bipartisan agreement reached on three Sewol laws, 200 days after accident
Laws related to April ferry tragedy include a disbanding of the Coast Guard and creation of a new position for disaster safety
A final bipartisan agreement on three “Sewol laws” was reached on Oct. 31, the eve of 200 days since the ferry sinking that claimed over 300 lives in April.
Police again stand by as a million of propaganda leaflets launched into North Korea
The head of the organization of North Korean refugees whose launch of balloons filled with propaganda leaflets instigated retaliatory fire from the North Korean military sent more balloons into North Korea from Pocheon, Gyeonggi Province, early in the morning of Oct. 31. The police found out about the unannounced launch before it happened and dispatched officers to the scene, but they just stood by and watched.
Report: China-North Korea bridge opening postponed indefinitely
Chinese state media reported on Oct. 31 that the opening of the New Yalu River Bridge, which would link China and North Korea, has been postponed indefinitely.
“The New Yalu River Bridge had initially been scheduled to open on Oct. 30, but the opening has been delayed indefinitely,” China’s Global Times reported.
“Hidden champion” exporter exposed as a huge fraud
Moneual was a fast-growing home appliance powerhouse, drawing the notice of Microsoft founder Bill Gates and winning “hidden champion” designation from Korea Exim Bank.
But new evidence suggests the company, headed by CEO Park Hong-seok, 52, actually fabricated 80% to 90% of its yearly sales, then used trade finance in a “rob Peter to pay Paul” strategy involving over 3.2 trillion won (US$3.0 billion) in export fraud.
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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)Gov’t staff protest pension reform
Police say unionized public wrkers at rally numbered 90,000Unionized public workers angered by the government’s plan to scale down their pension benefits held a large rally on Saturday, displaying opposition to the state’s drive to reform a system that uses taxpayers’ money to keep it afloat.At Yeouido Park in western Seoul, 120,000 public servants… .
Big ‘guerrilla’ subsidies for iPhone 6 defy law
From midnight Saturday through daybreak yesterday, crowds lined up in front of smartphone stores in Wangsimni and Gwangjin District, eastern Seoul, and Gangnam District,…
Plastic surgery clinics catering more to Chinese
Hong Jin-hwa left Korea in 2003 to live in China with her family. In July 2013, she graduated from prestigious Tsinghua University, whose alumni include …
More details on Shin’s death arise
Police officers investigating the unexpected death of singer Shin Hae-chul on Oct. 27 revealed on Saturday that a centimeter-long hole was found in his intestine…
Turkey’s 91st birthday is celebrated in Seoul
About 400 people gathered to celebrate the 91st anniversary of the foundation of the Republic of Turkey, a country located at the crossroads of Europe and Asia,…
Debate continues over amending Constitution
Energizing the political community right now is the idea of whether the constitutional system could undergo major reforms under the Park Geun-hye administration,…
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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/)
Jeonse system under unprecedented strain Jeonse system under unprecedented strain-image South Korea’s ‘jeonse’ system is virtually being abandoned. Jeonse refers to a lease system in which a tenant pays a large lump-sum deposit for typically a two-year rental period. The jeonse system has provided tenants with a way of purchasing their own house for 130 years since its introduction in 1876. As low growth, low interest rate and low inflation have become entrenched, Korea is seeing a host of signs that the system is disappearing. The sal.....11.02.2014
Dutch PM suggests delaying pension eligibility age
Gov’t: no additional pump-priming
Investors resort to pre-sale commercial..
5 tips for S. Korean start-ups’ success
Public servants to start receiving pens..-------------------------------------------
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