Nov. 26 2014

The Korean daily media headlines and humor

Wednesday November 26, 2014

Your Excellency:

Here are 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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KBS (http://world.kbs.co.kr/english/news/)

Park to Clear Biz Hurdles through 'Regulation Guillotine'

President Park Geun-hye has pledged bold deregulation efforts to help boost investment and create jobs.   In a Cabinet meeting on Tuesday, the president...

'73% of S. Koreans Believe Gov't Failed to Appropriately Establish Internet Safety'

A new survey finds that three out of four South Koreans believe that the government has failed to appropriately establish Internet safety.

The finding came from a survey conducted by Canada's Centre for International Governance Innovation (CIGI) and conducted by global research company, Ipsos.

Parliament's Review of Bill on Public Sector Corruption to Resume

A subcommittee of the National Assembly's National Policy Committee that deliberates bills will convene a meeting on Wednesday to review a bill aimed at uprooting corruption amongst civil servants and lawmakers.

OECD Expects S. Korea to Grow 3.8% in 2015

Samsung Unveils Eye-tracking Mouse

Labor Force Participation of S. Korea Elderly Double that of Advanced Economies

'Envoy's Russia Trip is Result of NK-Russia Cooperation Against US'

Japan's Ruling Party Pledges To Improve Relations with S. Korea, China and Russia

France Warns N. Korea about Conducting Another Nuke Test

Efforts Under way to Develop "Korea

Crimes Against S. Korean Tourists in Turkey

'Roaring Currents' Wins Best Film

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Yonhap (http://english.yonhapnews.co.kr)

S. Korean consumer sentiment dips to 14-month low: data

Consumer sentiment in South Korea remained positive but soured to a 14-month low in November, data showed Wednesday, reflecting concerns over Asia's fourth-largest economy caused by a weakening Japanese yen and the intangible effects of government stimulus.

Seoul set to unveil results of field study on Ebola-hit Sierra Leone

South Korea was to unveil the results of a field study on Ebola-hit Sierra Leone conducted by its advance team Wednesday as part of its plan to send medical workers there, the foreign ministry said.2014/11/26 08:21

Samsung to sell 4 affiliates to Hanwha

South Korea's top conglomerate, Samsung Group, plans to sell four of its affiliates, including chemical and defense units, to Hanwha Group, industry sources said Wednesday, a move they saw as another corporate reorganization effort after the hospitalization of de facto head Lee Kun-hee in May. 2014/11/26 08:20

More than 7 of 10 Koreans concerned about government's online surveillance: survey

More than seven out of 10 South Koreans are concerned that police or other government agencies may secretly monitor their online activities, an international survey showed Tuesday. 2014/11/26 08:05

N. Korea building new thermal power plant to meet energy shortages in Pyongyang

North Korea has been building a new coal-powered thermal power plant near Pyongyang in a sign that the destitute nation is struggling to resolve chronic electricity shortages, a U.S. researcher said Tuesday. 2014/11/26 05:26

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The Korea Herald (http://www.koreaherald.com)

UPP, ministry fire last Constitutional Court salvos

The constitutional case surrounding the left-wing Unified Progressive Party wrapped up Tuesday, fanning speculation that...

USFK chief concerned by N.K. asymmetric threats

U.S. Forces Korea Commander Gen. Curtis Scaparrotti on Tuesday expressed concern over North Kor...

Park calls for exam overhaul

President Park Geun-hye urged officials on Tuesday to devise ways to overhaul the nation’s col...

Herald forum explores expanding role of design

The 2014 Herald Design Forum kicks off Wednesday with discussions and debates on the expanding ...

Behind Hagel's ouster, tensions over Syria

Under pressure from President Barack Obama, U.S. Defense Secretary Chuck Hagel submitted hi...

Ethical dilemmas

It is a welcome development that a growing number of Korean individuals and corporations are...

China’s rate cuts

China’s rate cuts aimed at propping up its flagging economic growth are likely to prove a d...

   

Horse racing agency fails to shed stigma

The Korea Racing Authority, South Korea’s public agency to promote horse racing, has long been...

Samsung eyes construction, energy projects in LA

A slew of top Korean companies including Samsung are looking at investment opportunities in Los...

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The Korea Times (http://www.koreatimes.co.kr)

Ultra-leftist party hangs in balance

The Constitutional Court will rule as early as next month whether to disband the ultra-left Unified Progressive Party (UPP), which is accused of pro-North Korean activities that are against the Constitution. The final hearing wa... Park vows to send regulations to 'guillotine' President Park Geun-hye reaffirmed Tuesday she would speed up deregulation in order to boost the economy. “After swiftly reviewing the validity of regulations, those hampering investment and job creation will be handled all at o...

New KB chief sticks to LIG buy plan  

New KB Financial Group Chairman Yoon Jong-kyoo said on Tuesday that he won’t give up on the group’...

College entrance exams to undergo overhaul  

The government is facing mounting calls to change the state-administered college entrance exam, in which about 70 percent of the questions are based on lectur... 

Park's aide in hot water over anti-US view 

Kim Sang-ryul, a newly appointed senior presidential secretary for education, has triggered a stir...

Wealthiest withdraw from banks 

Christopher Kim, who runs a jewelry shop in downtown Seoul, recently had a request from an older customer for 1,000 don of gold. A don is a traditional Korean...

Report of Alibaba investment lifts SM shares  

SM Entertainment, a leading entertainment agency, denied a report Tuesday that Alibaba, China’s online retail giant, is investing 100 billion won in buying a ...

GRE test-takers rise 7% 

An increasing number of people are taking the Graduate Record Examinations (GRE), the standardized test required for most school programs in the United States...

Pacific nations check out Seoul's quality tap water  

Foreign ministers of Pacific island countries visited Seoul’s water supply facilities on Tuesday to learn about the city’s award-winning quality control syste...

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

Violence erupts in Ferguson after grand jury decision

A St. Louis County grand has decided not to indict Darren Wilson, 28, a white police officer who fatally shot Michael Brown, 18, an unarmed African-American teenager, in August in Ferguson, Missouri, on Monday local... 

Mascots of Rio 2016 Olympic and Paralympic unveiled

The 2016 Rio De Janeiro Olympics Organizing Committee unveiled the mascots of the Olympics (left) and Paralympics (right) Monday (local time). A yellow creature chosen for the Olympic Games and a green and blue picked...

Dr. Watson’s 1962 Nobel Prize medal to be put on auction

Dr. James Watson, now 86, who won the Nobel Prize in Physiology or Medicine in 1962 for deciphering the structure of DNA put his medal up for auction, Christie’s said on Monday. A Nobel prize medal was sold at auction...

Pop star Cindy Lauper to hold S. Korea concert in 26 years

Cyndi Lauper, a popular American pop star of the 1980s, will hold her first concerts in South Korea in 26 years. She is known for her 1980s hit songs such as "Girls Just Want To Have Fun" and "She Bop," among others. ...

Lydia Ko claims LPGA Tour Championship 

Four Koreans arrested for stealing a Buddha statue in Japan 

Mascots for 2016 Rio Olympics and Paralympics revealed 

Yang Hyeon-jong hopes to join Minnesota; Kia rejects citing small posting money 

Lee Seung-hoon wins bronze in mass start competition 

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Chosun Ilbo (http://english.chosun.com)

Seoul's Vital Statistics at a Glance

An average of 230 babies were born and 115 people died every day in Seoul last year. The average age of Seoul citizens in 2013 was 39.7. The population in education aged six to 21 dropped by about 300,000 from 1.94 million or 19 percent of the population of Seoul in 2008 to 1.69 million or 16.7 percent last year. >> Full Text

Tourism Spurs Duty-Free Shop Boom

Big conglomerates will open several more duty-free shops in Seoul next year as record numbers of Chinese tourist continue to pour into the country. The government has decided to license at least two new duty-free shop operators in Seoul to meet burgeoning demand.  >> Full Text

Foreign Airlines Cagey About Fuel Surcharges

Foreign airlines stand accused of stinging their passengers for excessive fuel surcharges even though international oil prices are plummeting. Flag carriers Korean Air and Asiana Airlines slashed the fuel surcharges on international flights by up to 40 percent compared to the beginning of this year.  >> Full Text