The Korean daily media headlines and humor
The Korean daily media headlines and humor
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  • 승인 2015.08.17 00:00
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Aug. 17, 2015

The Korean daily media headlines and humor

Monday, Aug. 17, 2015

Your Excellency:

Here are The Korea Post notices, humor from 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


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.


The Korea Post notices:

There are only three days left to the Gyeongju Silk Road Culture Festival (a one-night-two-day tour) on 21-22 August 2015.

Cloudy skies and scattered rain are forecast for the beginning day with a high of 27 degrees and a low of 23 degrees. The Festival will take place rai or shine.

HYANGDAN HOUSE IN YANGDONG FOLK VILLAGE IN GYEONGJU?One of the biggest traditional Korean tile-roofed houses of the nobility in the Joseon Dynasty. It is located at the entrance of the Yangdong Folk Village in Gyeongju City. Hyangdan was built in 1543 and was designated as the 412th Treasure on Nov. 14, 1964. Hyangdan was the house of Governor Yi Eon-jeok of the Gyeongsang Province during the Joseon Dynasty. Yi had the house built for his younger brother, Yi Eon-jeok, who looked after his ageing mother in his place because he could devote himself to serving the King. Hyangdan, therefore, stands for good brotherly relations, filial piety for parents and loyalty to the king. Yangdong Village was designated as the 189th Important Folk Relic on Dec. 20, 1984 as an upper class community. Hyangdan is one of the main tourist destinations for the ambassadors and spouses during their visit to Gyeongju on the occasion of the Gyeongju Silk Road Expo on Friday 21, August 2015.


Invitation to Gyeongju Silk Road Culture Expo

I am pleased to inform Your Excellency that Governor Kim Kwan-yong and Mayor Choi Yang-sik of Gyeongju City cordially invite Your Excellency and Madam to a one-night-two-day tour and to attend the Opening Ceremony of the Gyeongju Silk Road Culture Expo on Friday 21 August 2015, which includes a drama on the noted ‘Korean Buddhist Monk Hyecho’s Pilgrimage and Tour of India and the Middle East’ in the 8th Century and a tour of the Gyeongju Museum and Yangdong Korean Folk Village. Now preserved at the Paris National Museum in France, the rare hand-written book by Ven. Hyecho features various strange customs of living, which include ‘Men and women living stark-naked,’ ‘Tribal community where the brothers share one woman,’ ‘Cooking rice in a clay pot’ and ‘Tribes having no sauce but only salt.’

Story and photos on Yangdong Folk Village: /news/view.html?section=162&category=182&no=1019

Story and photos on famed Buddhist Monk Hyecho: /news/view.html?section=162&category=182&no=1020

Earlier in May this year, over 60 ambassadors and other senior diplomats attended the prelude event ‘Gyeongju Student Silk Road Festival’ when the drama featured the “Love Story of Silla Princess and Iranian Prince.’ The Main Gyeongsu Silk Road Culture Expo (unlike the prelude student event) has many interesting programs extremely attractive to the Ambassadors and Madams.

As in the case of the previous (student) festival, deluxe KTX Train will be used between Seoul and Gyeongju.

A formal letter of Invitation will be faxed and emailed to Your Excellency today.

Just in case of our possible transmission failure, our contact phone numbers are:

Regular phones: 2298-1745/6, 2298-1740/2

Mobile phones: Ms. Kim at 010-3388-1682 (Korean), David Chung at 010-3481-1101 (English) or Chairman Lee at 010-5201-1740.


Use the 2015 Namyangju Slow Life Festival to introduce your delicious food

Namyangju City, on the eastern outskirts of Seoul, hosts the 2015 Namyangju Slow Life Planet International Festival on  October 8-17, 2015 in a 10-day run, which is an extended Festival from the successful Namyangju Slow Food Fair which the City  hosted in 2013. The Korea Post, a principal supporter, covers the Festival with all its five media units in the following three months and throughout the 10-day period. Related URLs are as follows: of Festival/Invitation Message



As a prominent event of the Festival, the Organizing Committee has a special exhibition program of the food materials (durable ones) and cooking utensils of the different countries, including the following:

1. Rice, wheat and corn from different countries

2. Representative bread of all the countries of the world, including Northern India, Pakistan, Middle East Countries, Germany, Israel, North America, Europe, Italy, Turkey, Scotland, North America and Europe.`

3. Spices and condiments from different countries (such as Coriander of Vietnam, Lemon grass of Thailand, Basil of Italy, Saffron of India and Spain, Turmeric of India, Oregano of the Mediterranean countries, Allspice, bay leaves, Tarragon, Thyme, Close and Star anise).

4. Tableware (such as spoons, bowls, dishes, plates, tablecloth, aprons)

5. Cooking utensils such as cutting boards, knives, cooking pots, pans, cheese-grinder, pasta-making tools)

6. High-resolution photo images of the above for showing at the event site and publication by the five media units of The Korea Post for the three consecutive months.

7. Videos introducing the culture and tourism-related aspects of each country

For participation and further details, please call 010-3388-1682 (Korean), 010-3481-01101 (English) or 5201-1740 (Chairman Lee). Regular phones are: 2298-1740/2, 1745/6. Fax 2298-9506.


Today’s humor:

Hankuk Kyungje

Domestic Squabble

After a full day of picking on each other for the smallest things, the woman suggested to her husband that they call a truce; no more criticism for 48 hours. “It’s Saturday at three o’clock,” the wife told him, “so no more complaints until the same time on Monday.”

“Okay,” he said. “I’ll talk to you then.”



Opposition Chief Vows to Seek Two Korea's Economic Integration

Chairman Moon Jae-in of the main opposition New Politics Alliance for Democracy has presented his visions for economic development on the Korean Peninsula on the occasion of the 70th anniversary of Korea’s Liberation.

Ulchi Drill to Test Wartime Administrative Transition

Gaeseong Park Schedule Pushed Back 30 Minutes

S. Korea, US Inform N. Korea of UFG Drills

Opposition Chief Vows to Seek Two Korea's Economic Integration

Korea Grand Sale Kicks Off Friday

Gov't to Monitor Yuan Cut-Hit Financial Market Around the Clock

Corporate Turnaround Management Firm to Launch in Oct.

S. Korean Footballers Arrive in Pyongyang for Multinational Tournament

N. Korea Announces Use of New Time Zone

Japanese Media Split on Abe's Speech

Honda: Abe Speech an Insult to Comfort Women

Murayama: Abe Speech unclear, seems 1995 Statement not upheld

Chinese Ships Arrive for Sewol Recovery

One-Person Households Increasing

Cities to Turn off Lights Thursday

Hong Sang-soo Wins Top Prize at Locarno Film

Palman Daejanggyeong Confirmed to Have

School Texts to Include More Content on

S. Korean Scientists Produce Breakthrough in Dream Material

Korean Scientists Find Micro-RNA Link to Nicotine Addiction

S. Korean Researchers Develop Salinity Power Generation Technology

Kim So-hui Wins Gold at WTF Taekwondo Grand Prix

KBS to Cover Youth Soccer Event in Pyongyang

Shooter Kim Cheong-yong Wins Gold at ISSF World Cup

On-Air 11 Languages by Rotation


Yonhap (

Kumho Tire union strikes against new wage system

Unionized workers at Kumho Tire Co., South Korea's second-biggest tire maker, began their first full-day strike in three years on Monday after the labor and management failed to agree on adopting a wage peak system.

Emerging markets face sharp currency depreciation

Emerging economies in Asia and South America are facing a sharp depreciation of their local currencies as the global foreign exchange market has been rattled by China's devaluation and a highly possible U.S. rate hike, data showed Monday.

Passenger car sales drop amid less demand for sedan models: data

Passenger car sales in South Korea fell during the first seven months of this year despite overall vehicle sales growth as most sedan models suffered marked setbacks, industry data showed Monday.

SK Group to adopt wage peak system at all affiliates

South Korea's No. 3 conglomerate SK Group said Monday it plans to have all its affiliates adopt a new wage system by next year, in line with the government's effort to boost the labor market.

Senate introduces Korean War 'Wall of Remembrance' legislation

A U.S. senator has introduced a bill calling for erecting a "Wall of Remembrance" in Washington that lists the names of all 36,574 American soldiers killed during the Korean War.

N. Korea blasts President Park's Liberation Day speech, re..

S. Korea to update list of separated families by Sept.

S. Korean firms in Kaesong forced to follow N. Korean time..

Control center on S. Korean island to watch for N.K. attac..

N. Korea marks Liberation Day with own events

Emerging markets face sharp currency depreciation

Seoul shares turn lower after slight gain

Kumho Tire union strikes against new wage system

Passenger car sales drop amid less demand for sedan models..

KOSDAQ 733.97 UP 2.61 points (open)

Rangers' Choo picks up RBI for 2nd straight game; Pirates'..

'Right Now, Wrong Then' wins top prize at Locarno

Sunday's weather forecast

Koreas to hold youth football games late this month

Former Asahi Shimbun reporter says he told the truth


The Korea Times (

Lotte Holdings' shareholders meeting began Monday in Tokyo.

The meeting is likely to determine the outcome of the sibling rivalry between Shin Dong-bin and Shin Dong-joo.

N. Korea blasts President Park's Liberation Day speech 

North Korea on Sunday blasted President Park Geun-hye's Liberation Day speech, and made clear that... 

Peace Essay Contest winners 

The Korea Times and the Northeast Asian History Foundation are proud to announce the 12 winners of...

Anger simmers over dormitory curfew on Internet 

A nighttime curfew on using the Internet at some college dormitories is causing disputes.

Korea, US to start joint drill today 

South Korea and the United States will begin Ulchi Freedom Guardian (UFG) - an annual joint military exercise - today amid increasing tension on the Korean Pe... 

Border island to have NK monitoring center 

A surveillance center dedicated to monitoring possible military provocations from North Korea will... 

Mobile game companies expanding clout 

Netmarble Games and Com2uS have posted record earnings in the second quarter on the back of strong...

SM, YG Entertainment under probe 

The Fair Trade Commission (FTC) is investigating the nation’s two biggest entertainment agencies for allegedly overcharging for souvenirs and products featuri...

160,000 people seek to change their names every year 

Nearly 160,000 people each year apply to officially change their names, according to the Supreme Court, Sunday.

Taxi driver faces arrest in Ferrari-Bentley car crash 

A taxi driver faces arrest for allegedly blackmailing a wealthy couple after a woman deliberately rear-ended her husband’s Ferrari with her Bentley and caused... 

Teacher admits sexually harassing student 

At the same time police are investigating a sexual harassment case at a public high school in Seou...

Father gets 18 months for attempted suicide and killing of daughter 

A father who attempted to commit suicide and kill his nine-year-old daughter by driving off a cliff will serve 18 months in jail after an appellate court uphe...


The Korea Herald (

Yun urges 'concrete actions' from Tokyo

Seoul’s Foreign Minister Yun Byung-se called for Tokyo’s “concrete actions” to prove its vows to uphold past apologi...

70 years after liberation, Korea ascends high on world stage

Shortly after its liberation from Japanese colonial rule in 1945, the peninsula faced yet anoth...

Samsung's big-screen Galaxy phones face tough test

NEW YORK -- It’s clear that the success of Samsung’s latest smartphone and phablet will be a ...

SK chief prepares for comeback

SK Group chairman Chey Tae-won, who was released from prison Friday through a presidential pard...

Park likely to improve ties with Japan

President Park Geun-hye on Saturday made a moderate response to Japanese Prime Minister Shinzo Abe’s s...

Proof of defects

The Improper Solicitation and Graft Act had already been a target of public criticism when i...

Leaders’ words

Good leaders aren’t necessarily good speakers, but it is important for them to deliver the ...

Korean miracle 70 years in the making

South Korea has achieved many great feats over the last seven decades in political and socioeco...

Korea’s ascent on culture map

From the cultural staples of Korean folk music and historical soap operas, to love-triangle-pla...


DongA Ilbo (

Proud tattoo in N.K. turns into ‘scarlet letters’ after defection

Despite scorching hot weather, he could not wear short-sleeved clothes in summer due to "Kim Il Sung flower" tattoo on his left arm. When he rolled up his sleeve even momentarily due to hot weather, he received a flurry... 

Spieth in 2-par gap versus frontrunner at 3rd round of PGA Championship

Jordan Spieth of the U.S., who is seeking his third major title of this season, took an instant leap forward to threaten the top contender despite his slow start. In the third round of the PGA Championship at Whistling...

Travel at Kaesong complex will be based on `Pyongyang time`

Pyongyang has notified that the standard time of North Korea, which has been put back by 30 minutes from August 15, will be applied to all the bilateral interaction between both Koreas, such as passage through the...

Expressway traffic volume ranks second largest on Friday

A total of 5.18 million cars are found to have used expressways nationwide on Friday, a temporary holiday when motorists were exempt from expressway tolls. According to the Land, Infrastructure and Transport Ministry...

NYT, `AT&T helped U.S. spy on Internet on a vast scale`

It has turned out that AT&T, the second largest mobile carrier in the U.S., had taken part in eavesdropping program of National Security Agency (NSA) from early 2000 to recently. The New York Times reported on Saturday...

Hands-on of Galaxy Note 5 and S6 Edge in New York

Samsung Electronics unveiled Galaxy Note 5 and Galaxy S6 Edge smartphone at the Galaxy Unpacked 2015 event at the Lincoln Center in New York on Aug. 13 (local time). The back of Note 5 and the front of S6 Edge look...

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


Chosun Ilbo (

N. Korea Threatens to Shoot Down Loudspeakers

North Korea on Saturday threatened to shoot down South Korean loudspeakers that have resumed blasting propaganda across the demilitarized zone. The loudspeaker campaign was restarted after two young South Korean conscripts were maimed. >> Full Text

N. Korea Switches to Pyongyang Time

North Korea on Friday told South Korea to adjust to the new Pyongyang standard time when traveling to and from the joint-Korean Kaesong Industrial Complex. The North set the clocks back half an hour at midnight on Aug. 15, the 70th anniversary of independence from Japanese colonial rule. >> Full Text

Japan More Unpopular Than Ever in Korea

Public opinion in Korea has worsened significantly over the last decade, and now more than half of Koreans have a negative opinion of Japan, a survey suggests. A majority also feel that Japan does not contribute significantly to peace on the Korean Peninsula and promoting reunification. >> Full Text

Obama, Xi Send Liberation Day Messages

'Assassination' Draws 10 Million Viewers

Seoul's Rich Live Longer

Yuan Devaluation a Mixed Blessing for Korea

Lotte Founder 'No Longer in Control of His Faculties'

'Veteran' Gets Invite to Toronto Film Festival

LG Pledges Money for Maimed Soldiers


Hankyoreh Shinmoon (

70 years after liberation, it’s time to really show our mettle

Today marks seventy years since Korea’s liberation. We take this opportunity to look back on the powerful feelings and desires that we experienced when we passed through that deep darkness and the light finally returned. The landscape has changed vastly - over 90% of South Koreans alive today were born after that day. It is time now for us to look ahead to the first century after liberation, to say goodbye to the past seventy years and prepare ourselves for the next thirty.

[News analysis] Abe’s statement amounts to a tenuous compromise

The statement made by Japanese Prime Minister Shinzo Abe on Aug. 14, one day before the 70th anniversary of Japan’s defeat in World War II and Korea’s liberation from Japanese colonial occupation - can be seen as a tenuous compromise between Abe’s personal convictions, which are slanted toward historical revisionism, and diplomatic reality, which forces him to take into account relations with neighboring countries. .

N. Korea breaks silence, calls mine planting allegations a “slanderous concoction”

North Korea finally responded on Aug. 13 to the South Korean military’s announcement blaming it for a mine blast early this month at the Demilitarized Zone (DMZ), calling the accusation a “slanderous concoction.” It was Pyongyang’s first response since the explosion occurred on Aug. 4, coming ten days after the incident itself and four days after the official announcement by the South Korean military. .

[Correspondent’s column] Caught between China and the US, S. Korea can’t assume a rosy future

In the winter of 2011, I visited the US for three weeks. I traveled through Washington, D.C., the South, the Midwest, and the West, finally reaching Hawaii. There is one scene that I remember clearly even now. In a conversation with three or four experts, the most senior member of the group asked me what I thought about the withdrawal of US forces from South Korea. .

Going back on another election pledge, Pres. Park pardons corporate heavyweights

President Park Geun-hye granted special Liberation Day pardons to 6,527 people on Aug. 13.The list of recipients included fourteen business figures, including SK Group chairman Chey Tae-won, as well as many small business owners and people convicted of financial crimes. .

Early announcement - Pres. Park to visit US in Oct. for summit with Obama

The Blue House announced on Aug. 14 that South Korean President Park Geun-hye will be visiting the US on Oct. 16 to have a summit with US President Barack Obama. “During the meeting, the two leaders will share their views about a variety of issues of mutual interest, including strengthening the alliance between the US and South Korea, cooperating on the North Korean nuclear program and other issues involving North Korea, working together for the peace, .

[Notice] Hankyoreh English's Facebook service converted to Page

As of August 12, Hankyoreh English's Facebook service has been converted to a Page ( Previously it was a personal profile. We hope our readers will continue your interest and support, and please share this page with your friends. We will keep working to improve our Hankyoreh English service!


JoongAng Ilbo (conservative): (

Park places future over past with Japan

Liberation Day speech focuses on improving ties, not historical issues

President Park Geun-hye emphasized improving ties between Korea and Japan in her speech commemorating the 70th anniversary of Liberation Day on Saturday, opting not to directly confront Japanese Prime Minister Shinzo Abe over historical issues. …

NPAD calls for removal of sanctions

In a Sunday press conference commemorating the 70th anniversary of Liberation Day, Moon Jae-in, chairman of the main opposition New Politics Alliance for Democracy …

Offshore plants were high reward, high risk for Korea

Over the past decade, the nation’s leading shipbuilders ? Hyundai Heavy Industries (HHI), Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering (DSME)…

North launches new time zone with bell ringing

North Korea initiated its new time zone with a bell-tolling ceremony Saturday at midnight, the country’s official broadcaster Korean Central News Agency (KCNA) said in a dispatch. …

Pardoned SK Group chairman gets back in office

SK Chairman Chey Tae-won went to his office at the group’s headquarters in central Seoul on Saturday and Sunday after being released from jail Friday morning …

Traders divided on U.S. Fed raising interest rates

Traders say it’s a coin toss whether the Federal Reserve raises interest rates from near zero next month. They’re more sure policy makers won’t be in any hurry once they get started.…

NPAD claims new book deceives

On the 70th anniversary of Liberation Day, ruling Saenuri Party Chairman Kim Moo-sung attempted to smooth over the controversy over his late father while advancing his political career. …

With focus on profits, game developers lose their edge

Korean developers used to dominate the computer game industry, leading with innovative content. But as the market has moved to emphasize mobile games, local developers are having trouble keeping up. …

SM, YG accused of exploiting fans

The nation’s fair trade watchdog is investigating Korea’s major entertainment giants SM Entertainment and YG Entertainment for overcharging on products…


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

Mirae Asset withdraws from online-only bank biz

Mirae Asset Securities, one of the most likely candidates for the South Korea’s first company to own internet-only bank, decided to step back from the business. Accor.. ...08.16 16:44

1 out of 3 would be single households in S. Korea by 2035

One out of three South Korean households will likely be single-person households by 2035, a recent report found. According to a report titled ‘economic characterist.. ...08.16 16:43

Report says, “banks may lose out to Fintech firms in loan extension to SM..

The South Korean commercial banks may lose out to Fintech firms in extending loans to small and mid-sized businesses (SMBs) without prompt actions to changes, a recent.. ...08.16 11:02

CCTVs evolving over time

The closed circuit television (CCTV) has transformed from a device that passively took images in real time to an ‘intelligent device’ that could identify age and gen.. ...08.14 16:00


LG to hold road shows in China’s 8 major cities

LG Electronics, a South Korean flagship tech giant, announced on Friday that it would hold road shows in eight major cities of China starting with Nanjing to introduce.. ...08.14 15:59

Treasure Data appoints Lee Sung-woong vice president of business developme..

Treasure Data, a company specializing in cloud big data solution, announced on Thursday that it appointed Korean American Lee Sung-woong, 35, as a vice president of it.. ...08.14 13:29

Chey Tae-won expected to reconstruct SK Group

SK Group, one of South Korea’s largest conglomerates, paved the way for a new takeoff, overcoming stagnation in growth and critical phase, as the group’s chairman, C.. ...08.14 10:55


Samsung releases Galaxy Note 5 and Galaxy S6 Edge Plus in US

Samsung Electronics’ strategic premium smartphones for the latter half of the year, the Galaxy Note 5 and the Galaxy S6 Edge Plus, have been unveiled in New York.The .. ...08.14 09:53


The Kyunghyang Shinmoon (

President Park Grants Special Pardon on Liberation Day with Sketchy National Unity, as She Breaks Her Own Principle

President Park Geun-hye held an extraordinary cabinet meeting yesterday, granting special pardons to 6,527 Koreans including 14 businesspeople. Mr. Chey Tae-won···

[70 Years after Division-Future of South and North Korea] Different Economy, Different Mindset-SK and NK Will Become ‘Two Different Countries’

Korea, be it South or North, was liberated on the same day 70 years ago. Although the peninsula was divided by the 38 degree latitude line behind barbed fences,···

Rep. Yoo Seung-min Says, 'Military-Government out of Tune - That's Insane' While Cheongwadae Rebuts, 'A Day before Ex-First Lady Lee Hee-ho's Visit - Provocation Could Not Be Expected'

National Defense Committee castigated the military and Cheongwadae held an unusual briefing to counter concerns over 'national security incompetence' At Na···

China Has Devalued RMB Again - Southeast Asian Currencies Hit the 'Fresh Lows Since the Asian Financial Crisis'

China boosts its economy for 2 consecutive days-concerns raised over possible '1997 Asian Financial Crisis' redux Australian Dollar-Japanese shares fell, whi···

[DMZ Landmine Explosion] Injured Staff Sergeant Kim Jeong-won 'A Strong Response Is What North Korea Wants'

On August 11, Staff Sergeant Kim Jeong-won (23), hospitalized for injuries from a landmine explosion in the Demilitarized Zone (DMZ) said, "If we opt for a str···

[Management Dispute at Lotte] [Lotte's Public Apology] Desperate Measures Due to Pressure from the Public and Politicians: The Listing of Hotel Lotte 'Uncertain'?

On August 11, Shin Dong-bin (60), chairman of Lotte Group, announced his plans to improve the group's management structure and enhance transparency in i···

South Korea's Dilemma: 'Studying the Face' of the U.S. over China's 'Invitation to Victory Day,'

The historic significance of the end of World War II is different for South Korea, China and Japan. Thus, the three countries each have given different meaning ···


The Korea Economic Daily (

Hyundai and Kia Suffer China Shock

Hyundai Motor and Kia Motors, which performed relatively well despite the global economic slump, are suffering from the China shock as their sales in China fell sharply and suffered a huge amount of losses resulting from a recent explosion in Tianjin port. According to industry sources on August 16,...

LG Chem Inks Deal to Supply Electric Car Battery to Changan Auto

LG Chem joined hands with China’s No. 1 auto maker to make bigger forays into the nation’s electric car market. LG Chem announced on August 16 that it signed a deal with Changan Automobile Group to supply batteries for the Chinese car maker’s next-generation plug-in hybrid model, starting from 20...

Samsung Electronics Set to Launch Domestic Sales of Galaxy Note 5, Galaxy S6 Edge

Interest is high about Samsung Electronics’ brand-new Galaxy Note 5 and Galaxy S6 Edge which are set to be released at home on August 20. Samsung plans to launch the domestic sales of its next-generation premium smartphone Galaxy Note 5 and Galaxy S6 at home on August 20. The retail sales prices o...

[Market Insight] STIC Investments to Invest 20 Bil. Won in SK Plasma

STIC Investments, Korea's private equity firm, will invest about 20 billion won in SK Plasma, a blood products unit spun off from SK Chemical. SK Plasma earlier issued preferred stocks of worth 100 billion won to Paratus Investment and others. According to investment banking sources on August 16, STI...

[Market Insight] Korea Autoglass May Be Publicly Listed within the Year

Korea Autoglass Corp., a safety glass manufacturing subsidiary of KCC Corp., will try to list its shares on the market within the year's end. This is widely interpreted as a move to split the group's assets among three sons of KCC Group honorary chairman Chung Sang-young. According to investment ban...


AJU Business Daily (

Ex-Japanese PM kneels before monument for Korean independence fighters during colonial period

Former Japanese Prime Minister Yukio Hatoyama kneels before a monument in memory of Korean independence fighters tortured to death during Japan's colonial rule of the Korean Peninsula (1910-1945) …

South Korea's economy is showing modest improvements, central bank says

South Korea's economy is showing modest improvements on the domestic demand side with the subsiding of the outbreak of Middle East Respiratory Syndrome (MERS) in the country, the central bank said…

South Korea keeps base rate at 1.5% for 2nd month

South Korea's central bank Thursday kept its benchmark interest rate for August at a record low of 1.5 percent for the second consecutive month. In June, the Bank of Korea (BOK) slashed the ba…

Ex-Japanese PM Yukio Hatoyama pays homage at former colonial prison in Seoul

Former Japanese Prime Minister Yukio Hatoyama lays a bunch of flowers in front of a cell, where independence fighter Yu Gwan-sun was imprisoned during the Japanese colonial rule of the Korean Peninsul…

Heat wave in South Korea abates

Two women walk through a gourd tunnel in the Sky Park, Mapo-gu, Seoul, Tuesday, a day before "malbok," the last of the three hottest periods of the summer on the lunar calendar. The heat wave that gri…

Hollywood star Liam Neeson to play Gen. MacArthur in film on 1950 Incheon Landing operation

Hollywood star Liam Neeson will play Gen. Douglas MacArthur (1880-1964) in a film on a successful landing in Incheon, South Korea, during the Korean War (1950-1953) that will open in South Korean cine…

Liberation Day celebrations

South Korean actress Lee Tae-im arrives to attend an event on Tuesday to launch a campaign to encourage people to hoist the national flag, "Taegukgi," in celebration of the 70th anniversary of Korea&#…

Digital 'gwageo' exam held in Seoul

By using notebooks, people clad in traditional Korean costumes take a "gwageo" exam on ad copywriting at Gwanghwamun Square in central Seoul on Monday. Gwageo is the national civil service examination…



Com2us And Gamevil Record Best Ever Performance By Going Global…Com2us Makes Quarterly Sales Of $85 Million For First Time Ever Com2us Makes 82% Of Its Sales In Foreign Markets, and Gamevil’s Perfor

Com2us made quarterly sales of $85 million (100 billion KRW) for the first time ever as a Korean mobile game business due to popularity of its mobile game Summo...

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Microscopic Sensor For Treatment Purposes Is Being Put Into Brain…KETI And Gachon Medical University Develop ‘Brain Insertion-Type Wireless Sensor’

Sensor for treatment purposes that can check condition of brains wirelessly in real time was developed. This sensor measures conditions of brains such as pressure, te...

Battery That Can Be Applied On Desirable Places Like It Is Coating Is Developed

Lithium battery that can be thinly applied on desirable places like it is coating is developed. It is expected that it can be used widely such as on to variety ...

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EMW Commercializes Zinc-Air Battery…Its Use Will Be Expanded To Civilian And Military-Purposes

Next generation zinc-air battery that was developed by Korean smaller business is becoming commercialized. It is predicted that zinc-air batteries will rapidly expand ...

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Newly-Appointed CEO Lim JiHoon, Who Is Very Aggressive And Adventurous, Holds Reins of DaumKakao’s Reformation

DaumKakao appointed CEO Lim JiHoon of Kcube Ventures as its CEO on the 10th. It is known that he is an executive who has a tendency to be very aggressive and a...

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