April. 14. 2015
The Korean daily media headlines and humor
Tuesday, April 14, 2015
Your Excellency:
Here are The Korea Post notices, humor from a Korean business daily and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.
2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.
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The Korea Post news:
At Ansan Culture Plaza on May 1-3, 2015
Ansan City hosts International Street Drama Festival
The Ansan City, some 26 miles southwest of Seoul, hosts the 2015 Ansan International Street Drama Festival (AISDF) at the Ansan Culture Plaza on May 1-3, 2015 in a three-day run on the theme of ‘City in Action!’ which is also a slogan for the event.
A total of 61 works will be presented during the Festival, namely 48 from Korea and 13 from nine foreign countries.
The AISDF poses a substantial contrast with conventional street drama festivals in the fact that it attempts to produce new works created through a harmonious merger between the intrinsic artistic value of the street dramas and regional features of Ansan.
Among the 12 official entries are six Korean works and the remaining six entries from a number of different countries, namely France, Australia, the Netherlands and Portugal.
The Korean works consist of (1) Annyeong (literally, “Hi!”) created by Creative Group Noni, (2) Falling against a Wall by Visual Theater Flower, (3) Harmonious Life by Ambiguous Dance Company, (4) Pyro Art Work by Yesul Bulggot Hwarang, (5) Trial of the Donkey’s Shadow by Yesul Changjak Gongjang and (6) Tempest by Drama Group Haddangse. Among the six Korean works, the opening work is Annyeong.
Among the foreign works, the opening entry is one from France named Emblee created by Aeros Culture Group. Others include Megaphone Project by Megaphone Project from Australia, The Poet on the Street from the Netherlands and the Remaining People from Portugal.
Ambassadors and Madams are invited to attend the opening ceremony on May 1, 2015.
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Today’s humor:
Hankuk Kyungje
Hollywood Kids
In Hollywood, where show business people’s promiscuity never fails to be a good gossip, two kids got into a heated argument.
“My father can beat up your father!” boasted one kid.
“Are you kidding?” said the other. “Your father is my father.”
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Top headlines of major news media of Korea this morning:
KBS (http://world.kbs.co.kr/english/news/)
PM Denies Receiving Illicit Political Funds
On the first day of the National Assembly's four-day interpellation session, lawmakers focused on the controversial "Sung Woan-jong list," which sparked...
Head Investigator Pledges Thorough Probe into Sung's List
Prosecution Launches Probe into "Sung Woan-jong List"
Park Orders Thorough Investigation into Bribery List
NPAD Urges President to Start Thorough Investigation into Bribery List
Saenuri Chief Calls for Thorough Probe into Bribery List
S. Korea Condemns Attack on its Embassy in Libya
PM Denies Receiving Illicit Political Funds
Manufacturing Jobs Hit 17-Year High in February
BOK: Import, Export Prices Grew for 2nd Straight Month in March
S. Korean Firms Haven't Paid March Wages at Gaeseong
N. Korea's Pursuit of Nuclear Weapons Threatens Survival of Kim Jong-un Regime
N. Korea: DVD Circulation Tantamount to Declaration of War
US Condemns Attack on S. Korean Embassy in Libya
Int'l Banks Warn of Labor Shortages in S. Korea
Growing No. of Countries Extend Visa Periods for Chinese Tourists
Umbrella Union Organization to Launch General Strike on April 24
Meat Consumption Grows 4-fold in 30 Years
Japanese Agency Distorts Ancient Korean
Composer of "Our Wish" Dies at 89
Biographical Dictionary of Independence
S. Korean Scientists Develop World's Best Thermoelectric Alloy
Gov't to Develop ActiveX Alternatives by 2017
S. Korean Scientists Develop Prognostic Assessment Technology for Leukemia
Pyeongchang Committee Forms Overseas Advisory Group
S. Korea Takes Down Russia 2-0 in Women's Football Friendly
S. Korea Defeats Russia in Women's Football Friendly
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Yonhap (http://english.yonhapnews.co.kr)
U.S. likely to allow S. Korea to conduct 'first pyroprocessing stage'
The United States is expected to continue to ban South Korea from nuclear reprocessing and enrichment under a soon-to-be-announced nuclear cooperation agreement but is expected to allow Seoul to conduct a kind of experimental reprocessing for research purposes, U.S. experts said Monday.
S. Korea's commerce minister vows support for Japanese investment
South Korea's commerce minister promised enhanced support for Japanese investors here Tuesday, also vowing to continue removing any red tape hindering investment.
Pakistani family ties knot to gain S. Korean citizenship: police
Three Pakistani men have been arrested for allegedly marrying South Korean women to gain citizenship here, police said Tuesday.
U.S. warns against traveling to N.K. over activists' DMZ-crossing plan
The United States on Monday reiterated a warning against traveling to North Korea as dozens of American and other activists plan to walk across the heavily fortified inter-Korean border in an effort to promote peace on the divided peninsula.
N. Korea's first lady makes 1st public appearance this yea..
U.S. warns against traveling to N.K. over activists' DMZ-c..
N.K. leader has yet to consolidate power, could be margina..
Chinese ambassador tells N. Korea to 'respect differences'..
China unsure about Kim Jong-un's Moscow tour: ambassador
S. Korea's global TV sales up in 2014: data
S. Korea's commerce minister vows support for Japanese inv..
S. Korea, Turkmenistan agree to boost cooperation
S. Korean infielder Kang Jung-ho gets first MLB hit
Chung Myung-wha named Tchaikovsky competition jury member
'Gangnam Style' tops 2.3 bln YouTube views
Two S. Koreans finish Masters with up-and-down roun..
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The Korea Times (http://www.koreatimes.co.kr)
Prosecutors to start probe with 2 Hongs
South Gyeongsang Province Governor Hong Joon-pyo and ruling Saenuri Party lawmaker Hong Moon-jong will be the first to be questioned by prosecutors for allegedly taking bribes from the late former Keangnam Enterprises Chairman S...
Let's embrace smart water grids
Even a few years ago, the term “smart grid” was unfamiliar to most people. To help ordinary people understand what it is, one had to describe the lifecycle of electricity from production to consumption. It went like this: when e...
Dating coach advocates 'analog' romances
Dozens of single women and men rushed to grab seats at the head office of a matchmaking agency in southern Seoul on Friday night. DUO, Korea's largest service for searching singles - which has brought together 30,954 couples (an...
Unions set to strike against labor reforms
The Korean Confederation of Trade Unions (KCTU), the nation’s second largest umbrella union with some 670,000 members, will begin a strike of indefinite durat...
KT forges network alliance with Samsung
Korea Telecom (KT) has formed a partnership with Samsung Electronics in an ambitious bid to win a government contract to build Public Safety Long-Term Evoluti...
What happened in 9-hour gap at Tripoli mission?
There was a nine-hour gap between the IS attack on the Korean mission in Tripoli, Libya, and a bri...
Prosecutors face credibility test
President Park Geun-hye has ordered the prosecution to conduct a thorough investigation of close aides listed by former Keangnam Enterprises Chairman Sung Woa...
Taxpayers' money wasted on Seokchon Lake
Civic groups claimed Monday that Songpa District Office in southeastern Seoul is spending large sums of taxpayers’ money on drawing tons of water from the Han...
Galaxy S6, Edge sales gaining momentum
Samsung Electronics said Monday it Galaxy S6 and S6 Edge are hot-sellers at home and abroad.
Australia to halt child benefits for refusing vaccinations
Australia will stop welfare benefits for parents who refuse to have their children vaccinated.
Corruption scandal batters Park, Saenuri Party
Amid growing allegations over her aides’ acceptance of illegal political funds, President Park Geun-hye’s approval rating has tumbled below 40 percent for the...
Parties clash over probe into slush funds
The main political parties engaged in a spat Monday over whether all the parties should be investi...
Outdoor apparel makers face bleak business outlook
Spring has arrived, inspiring people to partake in outdoor activities with warm breeze. Yet Korean outdoor clothing makers are still feeling a cold business c...
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DongA Ilbo (http://english.donga.com)
Hillary Clinton running for president to be champion of America’s middle class
How will Hillary tackle income inequality in America? U.S. politics and media say that the key to success in the campaign of former U.S. State Secretary Hillary Clinton who announced her running for president with the...
Jordan Spieth ties Masters record to earn his first green jacket
There was no dramatic twist. The 79th Masters, which is dubbed "competition between the best players," started from him and came to an end with him. The hero in focus is the rising star Jordan Spieth of the U.S. ...
Russian coal to arrive in Pohang through N.K. port of Najin
Soft coal amounting to will be shipped from Russia through the North Korean port city of Najin to arrive in Pohang Port in North Gyeongsang Province in South Korea as early as next week. It is the second outcome of the...
Large companies vie for duty free shop license
Already the world`s biggest duty free market, Korea is embracing more competitions. The market is showing rapid growth defying an overall sluggish consumption, with the so-called chaebols who own retail affiliates...
Crime victims to receive written notification of their rights
Starting from Thursday, victims of crime will receive a written notification of information of their rights and support systems from prosecutors and police. Investigative authorities had advised criminal suspects,...
Historic summit meeting between Obama and Castro in 59 years
U.S. President Barack Obama and Cuban President Raul Castro Ra?l Castro had a “history meeting” on Saturday (local time). After long-standing enmities for half a century, the mood for reconciliation between the two...
Controversies over N. Korean leader’s call for ‘highest-level’ talks
Ki Sung-yueng, Son Heung-min as promising Korean soccer players
New year’s wishes change over time
Samsung’s mobile phone beats Apple to top ACSI
Actor Lee Jung-jae reported to be in a relationship with Daesang heiress
N. Korean leader shows willingness to hold inter-Korean summit
U.S. military base in Yongsan bans civilian drones, model aircrafts
Japanese police on 14-year manhunt for cruel murderer
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Chosun Ilbo (http://english.chosun.com)
Official Japanese Map Identifies Dokdo as Korean
Researchers here have discovered an official Japanese government map that identifies the Dokdo islets as Korean territory. The latest discovery adds to a mounting body of evidence debunking Japan's flimsy colonial claim to the Korean islets. >> Full Text
Low Interest Pushes KOSPI Toward 2,100 Points
Record-low interest rates and ample liquidity are driving the Korea Composite Stock Price Index to new heights. The KOSPI closed up 0.53 percent on Monday at 2,098.92 points, the psychologically important 2,100 points just around the corner. >> Full Text
Renderings of New LG Smartphone 'Leaked' Online
Renderings of LG Electronics' new G4 smartphone have mysteriously made their way onto the internet ahead of the flagship gadget's release on April 29. The website where they appear was accessible for six hours early Sunday morning and, while delighting boffins, triggered a show of dismay from LG. >> Full Text
Ferry Salvage Won't Start Till September
2 Killed in Raid on Korean Embassy in Libya
Suspect Mum Over Tokyo Arson
Park Finally Decides to Snub Putin's WWII Party
WWII Journals Record Sex Slaves' Plight
Moody's Raises Korea's Credit Outlook to 'Positive'
Korean Players Spice Up Bundesliga Match
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Hankyoreh Shinmoon (http://english.hani.co.kr)
One year later, tears of the Sewol tragedy still haven’t dried
Ruling party is seen to be interfering with investigation into the sinking, appointing the same public servants who are under investigation
Gwanghwamun Square in central Seoul was a sea of tears once again on April 2. Family members of victims and survivors in last year’s Sewol ferry sinking were back in the streets, weeping as they shaved their heads. It was part of a collective protest to demand the scrapping of the administration’s enforcement decree for a special committee to investigate the tragedy, which took place almost one year ago on April 16.
In desperate final days, Kaengnam chairman reached out to Blue House and ruling party heavyweights
Shortly before taking his own life on Apr. 9, Sung Wan-jong, former chairman of Keangnam Enterprises, made desperate calls for help, complaining of the injustice and unfairness of the prosecutors’ investigation and reaching out to the Blue House and the leadership of the ruling Saenuri Party (NFP).Thus far, a total of five figures in the Saenuri Party have said they received phone calls from Sung: party leader Kim Moo-sung; Suh Cheong-won, the senior member of the pro-Park faction of the party and a member of the party’s supreme council; current Blue House Chief of Staff Lee Byung-kee; former Chief of Staff Kim Ki-choon and Prime Minister Lee Wan-koo. .
US and Japan pushing for closer military cooperation with South Korea
The US and Japan are continuing their open courtship of South Korea as they try to strengthen military ties between the three countries. Last week, US Secretary of Defense Ashton Carter emphasized the importance of trilateral military cooperation during consecutive visits to South Korea and Japan. Now, Japan is expected to ask South Korea to sign an acquisition and cross-servicing agreement (ACSA), which would enable the military authorities of the two countries to loan each other fuel, ammunition, and other military supplies. .
More high-tech imports from China penetrating the South Korean market
The penetration rate for Chinese imports in the South Korean market is growing in high-tech areas such as semiconductors and computers, a recent research study shows. It has been pointed out that countermeasures against a likely decline in the positive balance of trade with China will be needed once the South Korea-China Free Trade Agreement goes into effect. .
North Korean real estate market: sustained boom, or bubble?
“They say there are apartments in Pyongyang selling for US$200,000.” Jung Eun-yi, a research professor at Gyeongsang National University, was talking about how rapidly housing prices in North Korea have been rising. Jung had just returned from spending January and February in Dandong, China, where she had been tracking trends in the North Korean housing market. In July 2014, the highest price for an apartment in Pyongyang that heard about in Dandong had been US$100,000. .
[News analysis] Why is the US taking Japan’s side on historical issues?
It was early this year that the US first started taking Japan’s side in its historical conflicts with South Korea. When Prime Minister Shinzo Abe announced at a New Year’s press conference in early January that he would be including reflection on war and ways of contributing to Asia and the world in a statement by Abe to be produced in August, the US praised it as a “constructive” move. .
[News analysis] Seoul failing to break out of its diplomatic dilemma
South Korea is finding itself caught in a two-pronged diplomatic dilemma. Already faced with a difficult balance between the US and China on the issue of a Terminal High Altitude Area Defense (THAAD) missile defense deployment, Seoul is now wedged in an awkward position in its trilateral relationship with an increasingly tight-knit Washington and Tokyo. Its failure to come up with a way out has many now accusing it of a diplomatic failure. .
Sean Hepburn planting a Sewol Memorial Forest in Jindo
A memorial forest to victims of the Sewol ferry tragedy is being planted 4.16 km from Paengmok Port in Jindo, South Jeolla Province. The social enterprise Tree Planet announced plans on Apr. 8 to plant a Sewol Memorial Forest in Jindo during the first half of 2015, with the help of Sean Hepburn Ferrer, son of the famed film actor Audrey Hepburn. “In May 2014, we received an email from Sean telling us that he wanted to carry on his mother‘s legacy by doing something meaningful for the children
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Sung kept diaries of his meetings
JoongAng Ilbo gets access to detailed records of two years
Sung Wan-jong, a construction tycoon who claimed before his suicide last week to have paid money to the inner circle of President Park Geun-hye for years, kept a journal of his meetings with top politicians and government officials since 2004, the JoongAng Ilbo learned Monday. In his diaries…
Saenuri wants NPAD included in any probe
The ruling party Monday demanded the prosecution investigate not only President Park Geun-hye’s 2012 election campaign funding but also her opponent’s…
Vietnam probes Posco E&C on slush fund reports
Posco Engineering & Construction (E&C), which is being investigated by prosecutors for an alleged slush fund worth 10 billion won ($9.1 million) in Vietnam…
Jockeying heats up for duty free
Retail giants including Lotte, Shilla and Shinsegae are competing for new duty-free licenses. On the back of double-digit growth in the number of Chinese tourists visiting…
Lotte heads relocating to World Tower
Lotte Group founder and General Chairman Shin Kyuk-ho and his son, group Chairman Shin Dong-bin, will relocate their offices to the controversial Lotte World Tower in Jamsil…
Chinese tourists a mixed blessing
Chinese tourists today are everywhere from the streets of Myeong-dong in downtown Seoul to the posh neighborhoods of Gangnam…
CJ Korea Express to expand overseas into China
CJ Korea Express, Korea’s biggest courier delivery company, expects operating profit and sales to increase this year as…
Gov’t denounces attack in Tripoli
The Korean government on Monday denounced a deadly attack over the weekend on its embassy in Tripoli, Libya, by a group claiming to have ties to the Islamic State…
Water forum’s committee to investigate mishap
The organizing committee of the 7th World Water Forum has launched an internal investigation into the cause of an accident Sunday…
More property regulations eased
The government will ease regulations on land transactions to boost the sagging real estate market, including a cut in the period for the mandatory use of lands for certain…
Foreign investment rises 258% month on month
Foreigners made a total 4.3 trillion won ($3.9 billion) worth of investments in Korean shares and listed bonds in March, up 258% percent from February …
Global liquidity keeps Kospi on the rise
The Korean stock market closed just below the 2,100 mark on Monday, thanks to a strong buying spree by foreign investors amid amplifying global liquidity…
Rescue robots get gov’t support
The Korean government has pledged support for the development of rescue robotic technologies by setting a goal of commercialization by 2022…
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
BOK says S. Korea’s growth could sink to 2.3 %
The Bank of Korea (BOK), South Korea’s central bank who officially studies and announces the nation’s economic growth rate, predicts this year’s economic growth to .. ...04.14 10:41
Deregulation estimated to create more jobs than fiscal spending: study
If the auto tuning industry rules are loosened, this might create up to 23,000 jobs by 2020. Additionally, when the 68 working hour per week is shortened to 52 hours f.. ...04.13 17:59
S. Korean industry seeks partnership to target global water market
Many Korean public and large private companies are knocking on the doors of the global water market but their limit is pronounced. More than 86 percent of water rela.. ...04.13 17:51
Doosan Heavy bags $900mn power plant deal from Vietnam
Doosan Heavy Industries and Construction announced on Monday that it won a contract to build a thermal power plant for one trillion won ($909 million) from Vietnam. T.. ...04.13 17:28
Ruling party at loggerheads over ‘Sung Wan-jong list’
With discord escalating within the ranks of the ruling party over the so-called ‘Sung Wan-jong list,’ a bribery list left behind by the embattled businessman who com.. ...04.13 17:10
Domino Pizza Korea to deliver ‘DIY pizzas’ to customers
Customers would be allowed to order individualized pizza by selecting their favorite dough, toppings and sauces. Domino Pizza Korea, a franchise pizza delivery corpor.. ...04.13 17:10
Galaxy S6 creates global frenzy
The Galaxy S6 and the Galaxy S6 Edge, which were launched by Samsung Electronics around the world including South Korea and the US on Friday, are gaining huge populari.. ...04.13 15:02
Hyundai Motor’s outrunning in US luxury auto market
One out of 10 mid and large-sized luxury cars sold in the US between January and March was made by Hyundai Motor and Kia Motors. According to a global market research.. ...04.13 14:47
State health insurance posts surplus for 5 years in a row
The National Health Insurance Service (NHIS) is projected to incur cumulative surplus of over 15 trillion won ($13.6 billion) late this year thanks to continued surplu.. ...04.13 11:30
Sung Wan-jong scandal could impede civil service pension fund reform
The so-called ‘Sung Wan-jong list’ has had serious ripple effects on the political community, sucking all the pending issues just as a black hole does. Therefore, co.. ...04.13 11:17
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
A Special Investigation Team for the Sung Wan-jong List: President Park Orders Strict Actions Leaving "No Sanctuary"
The Prosecutors' Office has launched a formal investigation into the allegations that Sung Wan-jong, former chairman of Kyungnam bribed politicians. The invest···
[Editorial] The Determination to Improve Inter-Korean Relations Is More Important Than the President's Trip to Russia
President Park Geun-hye decided not to attend a ceremony celebrating the seventieth anniversary of Russia's victory in World War II, scheduled to be held on Ma···
[1 Year after the Sewol: Memories] When I See the Cherry Blossoms, I Feel like My Friends Will Come Asking to Take Pictures
* The Students Now in Their Senior Year * Cherry blossoms are everywhere, just like a year ago. The children go through life as an average high school senior, ···
Prime Minister Lee Wan-koo, 'Japan's Distortion of History Is Denying Our National Spirit'
Prime Minister Lee Wan-koo, 65, gathered the press for an unscheduled press conference on April 9 and strongly condemned the Japanese Agency for Cultural Affair···
Employment Remained Stagnant in Top 30 Business Groups Last Year: Quality of Jobs Deteriorates as Temporary Jobs Increase
Employment in the nation's top thirty business groups grew by only 1.3% last year, showing that employment was virtually at a standstill. The growth rate was f···
[Editorial] On What Grounds Does the U.S. Claim North Korea Has ICBMs?
The Sixth Commander of the U.S. Northern Command William Gortney, who oversees the defense of the North American continent, said on April 7 that North Korea had···
[Editorial] The Confirmation Hearing of Park Sang-ok Confirms He Is Not Qualified as a Supreme Court Justice
Supreme Court justice nominee Park Sang-ok showed no awareness of responsibility or even the slightest pangs of conscience as a member of a team of prosecutors ···
Abe Speeding toward the Right: South Korea Watches on, Hands Tied on Security Cooperation
This year marks the fiftieth anniversary of the restoration of relations between South Korea and Japan, but the bilateral relationship is heading downhill makin···
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The Korea Economic Daily (http://english.hankyung.com/)
8 Mega-deals Signed in Korean-Turkmen Summit Meeting
The governments of Turkmenistan and South Korea have signed eight memorandums including ones related to a gas-to-liquid plant, an oil refinery modernization project, and a steel mill construction project. The two leaders of the countries, Turkmen President Gurbanguly Berdimuhamedow and South Korean ...
Korea's Working Population Estimated to Decline by 15% in 30 Years...
The World Bank said on April 12 in a report on economic situation of the Asia-Pacific region that the number of South Koreans aged between 15 and 64 is forecast to dwindle by more than 15 percent from 2010 to 2040. According to the report, the only two countries in Asia-Pacific whose economically ac...
Doosan Heavy Wins 1 Tril. Won Coal-based Power Plant Project in Vietnam
Doosan Heavy Industries has won a project to build a 1-trilion-won coal-fired power plant in Vietnam. The company said on April 13 that it signed a contract in Vietnam's Hanoi on the 10th to build a 1,200-megawatt (two 600-MW power plants) "Song Hau I" thermal power plant. At the signing ceremony, V...
Renault Samsung Enjoys 3-Fold Jump in Operating Profit Last Year
Renault Samsung enjoyed a robust growth last year, while GM Korea suffered a huge amount of losses. Renault Samsung marked a three-fold jump in operating profit last year, while GM Korea recorded a deficit of 148.5 billion won. According to the Financial Supervisory Service’s e-public disclosure sy...
Samsung Electronics to Take Part in NAB Show
Samsung Electronics announced on April 13 that it will take part in the National Association of Broadcasters (NAB) Show which will be held in Las Vegas. The NAB Show is the largest broadcasting telecommunications media exhibition in the United States which displays a broad range of new broadcasting ...
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AJU Business Daily (http://eng.ajunews.com/korea)
Export and import prices rise for 2 months on weak local currency: central bank
South Korea's export and import prices increased for the second straight month in March, the central bank said on Monday. The Export Price Index (won basis) increased 0.9 percent last month fro…
S. Korea's meat consumption jumps nearly 4-fold in 3 decades: gov't
South Koreans' consumption of meat has increased nearly four-fold for the past three decades, government data showed Monday. The country's per-capita consumption of meat reached 42.7 kilogr…
S. Korea's steel imports rise 4.1% on-year in March
Imports of steel products increased in March from a year earlier after sliding for two straight months, industry data showed Friday. The country imported 2.01 million tons of steel products last mo…
Hyundai Starex mini van popular among campers
On the back of the camping boom, Hyundai Motor's Starex mini van continues to be popular among South Korean campers. Sales of the Starex rose 4.4 percent to 12,607 units in the first half from…
Moody's upgrades S. Korea's outlook to 'positive'
A global rating agency Friday upgraded South Korea's credit rating outlook to "positive" from "stable" and retained its sovereign rating of "Aa3," citing "improved management of public corporation…
Central bank lowers 2015 growth forecast to 3.1%
South Korea's central bank Thursday lowered its 2015 growth forecast for the country's economy to 3.1 percent from an earlier estimate of 3.4 percent. Governor Lee Ju-yeol of the Bank of Ko…
Imported beer sales surge in Q1: retailer
Sales of imported beer at E-Mart, South Korea's largest retailer, soared in the first quarter from a year earlier, while locally-made beer sales rose slightly, the retailer said Thursday. Forei…
S. Korea keeps base rate unchanged at 1.75%
South Korea's central bank Thursday froze its benchmark interest rate at a record low of 1.75 percent for April. The rate freeze came after the Bank of Korea (BOK) slashed the base rate by 0.2…
Cherry blossoms in full bloom in Yeouido, Seoul
CHERRY BLOSSOMS - Young people take pictures under cherry blossoms in full bloom near the 63 Square Building in Yeouido, which one of the tallest in Seoul, Wednesday. A cherry blossom festival will be…
2 affiliates of Hyundai Motor Group to merge
Hyundai Steel Co., the world's second largest EAF steel producer, and Hyundai Hysco Co., a manufacturer of automotive steel sheet products and various steel pipes,
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ETNEWS (http://english.etnews.com/)
Domestic Device Price ranks in 1st and 2nd spot for 3 years in a row
There has been several points that South Korea¡?s phone device price is world¡?s highest regardless of standard or luxury phone. It is becoming b...
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New Material With A Curve Radius Reduced To 1%…The Prelude To Foldable Smartphones
An Organic Light Emitting Diode(OLED) electrode material with a curve radius of merely 0.03§® has been developed. It is one hundredth the size of previous ...
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G-Star Held in Busan Until 2016...Seongnam-si Competing to “Induce G-Star” in 2017
G-Star Game exhibition will be held in Busan until 2016. According to the gaming industry, Busan passed the recent venue evaluation test. So for now Busan will maintai...
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Galaxy S6 Edge Material Revolution …Ambition to Reclaim the Top Spot of Smartphone Market Lee Hyung-soo
Samsung Electronics has stepped up in their material technology for smartphones innovation. If till now they have focused on semiconductor parts and displays, they are ...
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LG Electronics, ‘G4’ Opening Event on April 29th 11 A.MAhn Ho-cheon
LG Electronics will proceed the ¡®G4¡? opening event for local media at Coex Megabox in Seoul on April 29th at 11 a.m.(KST). Through the invit...
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