Aug. 18, 2015
The Korean daily media headlines and humor
Tuesday, Aug. 18, 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
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 notices:
There are only two 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 rain 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.
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Invitation to Gyeongju Silk Road Culture Expo
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.
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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:
http://www.slowlifeplanet.org/english/Introduction of Festival/Invitation Message
/news/view.html?section=161&category=181&no=1017
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.
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Today’s humor:
Hankuk Kyungje
He vs. She
-Marrying a divorced man is ecologically responsible. In a world where there are more women than men, it pays to recycle.
-Men who can eat anything they want and not gain weight should do it out of sight of women.
-When four or more men get together, they talk about sports.
-When four or more women get together, they talk about men.
-When a woman tries on clothing from her closet that feels tight, she will assume she has gained weight.
-When a man tries on clothing from his closet that feels tight, he will assume that the clothing has shrunk.
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KBS (http://world.kbs.co.kr/english/news/)
Two Koreas Agree on 5% Hike in Minimum Wage for Gaeseong Workers
The two Koreas have agreed on a five percent minimum wage hike for North Korean workers at the inter-Korean Gaeseong Industrial Complex. A Unification...
Two Koreas in Wage Dispute over 3 Months
Nat'l Assembly Speaker Calls for Restarting Inter-Korean Cooperation from the Get-go
S. Korea to Open Korean Culinary Courses in China, Vietnam
Park Phones Soldiers Wounded in Mine Explosion
NPAD Floor Leader Vows Legislative Battle for Ordinary People
N. Korea Resumes Loudspeaker Broadcasts at Demarcation Line
Sewol Salvage Inspection to Begin Wednesday
Survey: Top 10 Conglomerates Perform Sluggishly in 1st Half
Samsung, SK Hynix Combine for 80% of Mobile DRAM Market
Two Koreas Agree on 5% Hike in Minimum Wage for Gaeseong Workers
S. Korean Footballers Arrive in Pyongyang for Multinational Tournament
Remains of 115 Korean Forced Laborers to Return from Hokkaido
140 Casualties Reported from Fatal Bomb Explosion in Thailand
US State Department Dismisses N. Korea's Criticism of UFG Drills
Army Sergeant Gets Death Penalty in Appellate Court for Shooting Rampage
"Working Age Should Begin Earlier"
160,000 People Seek to Change Names Every Year
Korean Chinese to Hold Massive Cultural
Hong Sang-soo Wins Top Prize at Locarno Film
Postech Professor Becomes First S. Korean to Receive APEC Science Award
S. Korean Scientists Produce Breakthrough in Dream Material
Korean Scientists Find Micro-RNA Link to Nicotine Addiction
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Yonhap (http://english.yonhapnews.co.kr)
Gov't pushing to fuel growth despite challenges: finance minister
The government plans to come up with measures to fuel economic growth despite mounting challenges that could derail recovery efforts, the top economic policymaker said Tuesday.
Rangers' Choo hits safely in third straight game, picks up outfield assist
Choo Shin-soo of the Texas Rangers hit safely for his third straight game and also picked up his fourth outfield assist of the season Monday.
Imported carbonated drinks cost far more than abroad
Imported carbonated beverages are sold at much higher prices in the local market than abroad, a consumer advocacy group said Tuesday, advising consumers to make prudent decisions on buying those products.
Koreas agree on 5 pct hike in minimum wage for Kaesong workers
South and North Korea have agreed to hike the minimum wage by 5 percent for North Korean workers at a joint industrial park in the North, a government official said Tuesday, a move that will help resolve a monthslong row.
IOC President Bach to visit S. Korea
Thomas Bach, president of the International Olympic Committee (IOC), will visit South Korea this week to meet with sponsors of the upcoming Winter Olympics to be held here, officials said Tuesday.
Koreas agree on 5 pct hike in minimum wage for Ka..
FM Yun, US lawmaker discuss N. Korea-blamed attacks
Gov't pushing to fuel growth despite challenges: fi..
Imported carbonated drinks cost far more than abroad
Seoul shares down 0.4 percent in late-morning trade
S. Korea's entrepreneurship index up in 2015
Gov't to create new cultural facility in Seoul
Rangers' Choo hits safely in third straight game, picks up..
CL named top 10 must-know artist by Rolling Stone
IOC President Bach to visit S. Korea
S. Korean FIFA presidential candidate h..
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The Korea Times (http://www.koreatimes.co.kr)
Gaesong wage row settled at 5% increase
Two Koreas have agreed to increase the wages for North Korean workers at the Gaesong Industrial Complex in the North by five percentages. Representatives from the two nations held a meeting Monday at the complex and agreed that...
'One Dream, One Korea' kicks off in Washington
Two popular K-Pop stars, Yangpa and Na Yoon-kwon, introduced in Washington, DC a new...
Samsung to create 30,000 jobs for young
Samsung Group said Monday it will introduce a peak wage system at its affiliates next year and invest 100 billion won to create jobs for 30,000 young jobseeke...
Father's status may make or break your career in Korea
The social status of parents tends to influence the job prospects of young people seeking work, ac...
Korea wins most medals at Taekwondo Grand Prix
Korea claimed three gold medals, one silver and two bronze at the World Taekwondo Federation Grand...
White-hat hacker contest begins
A contest to select the best white-hat hackers to fight cyber terrorism began Monday, the Ministry of National Defense said.
Tianjin chemical blasts won't pollute air here
Last week’s explosion at a chemical warehouse in the Chinese city of Tianjin has raised concerns of air pollution over the Korean Peninsula.
Red tide kills farmed fish en masse
A “red tide” is spreading along the south coast, killing hundreds of thousands of fish on fish far...
Rival parties ask Park to join China's war anniversary
Both the ruling and opposition parties have asked President Park Geun-hye to visit China next month to join its events commemorating the end World War II.
Park's 'trustpolitik'adrift amid escalating tensions
President Park Geun-hye’s “trustpolitik” initiative, which aims to open up North Korea through rec...
Craze for sweets sweeps Korea
From honey butter chips to fruit-flavored soju, sweet flavors are all the rage this year.
More 'chosiknam' begin to cook for themselves
With the tremendous popularity of cooking TV shows, more men are buying vegetables and fruits inst...
Smoking parents lead to smoking children
Children who have parents that smoke are four times more likely to take up the habit than those who have parents that don’t, a study showed, Monday. Meanwhile...
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The Korea Herald (http://www.koreaherald.com)
Park calls for military readiness against N.K.
President Park Geun-hye on Monday ordered the military to maintain strong readiness against North Korea’s constant threats, asserting that its land mine attack earlier this month was a “clear military provocation” intended to kill South Korean soldiers.
Koreas agree on 5-pct hike in minimum wage for Gaeseong workers
South and North Korea have agreed to hike the minimum wage by 5 percent for North Korean worker...
Lotte chairman tightens grip
Lotte Group chairman Shin Dong-bin is expected to tighten his grip on the family...
Market liberalization keeps law firms on their toes
As South Korea is set to enter the third stage of its opening of the local legal industry, the ...
Chung Mong-joon in bid to clean up FIFA
Corruption, scandal, money laundering, internal strife, fraud, power and FBI investigations ? the recent...
Trilateral summit
Foreign Minister Yun Byung-se last week pledged to make strenuous efforts to arrange for a t...
Devaluation of yuan
China’s central bank put a brake on the steep decrease in the value of the yuan against the...
Hong Sang-soo’s new film wins at Locarno
South Korean auteur Hong Sang-soo has won the prestigious Golden Leopard award at the 68th Loca...
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DongA Ilbo (http://english.donga.com)
Chinese document: Japan deceived Korean women into sex slaves
A document which has been kept by the Chinese government confirmed that the Japanese imperial army in the 1940s forcibly took some 2,000 Korean women for the purpose of sex slave. It turned out that back then, Japan...
First red tide in Geoje kills hundreds of thousands of fishes
The first damage by the red tide was caused in Geoje, South Gyeongsang Province. Although the government has initiated a control work, it is highly likely that the red tide would spread to the nearby sea areas of South...
Opposition lawmaker suggests acceptance of salary peak system
“Let’s accept salary peak system and persuade labors union.” The suggestion posted by innovation lawmaker Lee Dong-hak of New Politics Alliance for Democracy (NPAD) on his Facebook on Monday has caused social...
Jason Day wins PGA Championship title
He was already sobbing even before finishing his champion’s putting at the last hole. He has been close to clinching a major title, but found it elusive time and again thus far. The moment he seized the title at long...
Brooke Henderson wins LPGA Portland Classic
A new teenager golf prodigy was born. It is Brooke Henderson (pictured) who turns 18 on Sept. 10. The Canadian teenager golfer showed amazing performance to win the LPGA Cambia Portland Classic that ended on Sunday....
Classic music becomes a new formula for success of movies
This summer, "Veteran," "The Assassination," and "Mission Impossible 5: Rogue Nation" are attracting great number of moviegoers. One thing is common for the three movies: classic music is used to describe a major motive...
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)
N. Korea Restarts Its Own Loudspeaker Campaign
North Korea restarted its own campaign blasting propaganda by loudspeaker across the demilitarized zone. The move came in response to South Korea setting up loudspeakers across the entire length of the frontline last week. >> Full Text
Salvage Company Starts Surveying Sunken Ferry
A Chinese salvage company has begun the long task of raising the ferry that sank off the southwest coast in April last year. The Ministry of Oceans and Fisheries said Monday that a crane ship, tugboat and 96 divers belonging to Shanghai Salvage arrived near Jindo Island. >> Full Text
Toxins from Tianjin Blast 'Won't Reach Korea'
Environmental authorities on Monday said sodium cyanide from the massive explosion in Tianjin, China that killed more than 100 people last week is unlikely to be carried to Korea on the wind. Experts reached the tentative conclusion after analyzing data but plan to collect more air samples to arrive at a definite answer. >> Full Text
Lotte Shareholders Rally Behind Founder's Younger Son
Body of Samsung Scion Arrives in Korea
Airlines to Waive Fuel Surcharge in September
ATMs to Refuse Service to Customers in Sunglasses, Hats
Rising Obesity Poses Major Health Risks
Son Yeon-jae Fails to Win Medals at Gymnastics World Cup
Hyundai Scion Throws Hat into FIFA Ring
Girls' Generation's Latest Album Set to Hit Shelves
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Hankyoreh Shinmoon (http://english.hani.co.kr)
After Abe’s statement, Pres. Park inching closer to Japan
Park seems to be working for some kind of diplomatic achievement as she enters the second half of her term
During President Park Geun-hye’s address on Aug. 15, marking the 70th anniversary of Korea’s liberation from Japan, she said, “Though many difficulties remain, now is the time to move together into a new future based on a correct understanding of history.” Park effectively reaffirmed her “two-track” strategy of separating historical disagreements from issues related to defense and the economy.
[Reporter’s notebook] The historical tale behind Abe’s statement
The best summation of the Japanese attitude toward its recent history may be the view of novelist Ryotaro Shiba (1923-1996). This view was articulated most clearly in “Clouds above the Hill,” a fictional saga that was serialized in the Sankei Shimbun newspaper starting in 1968. .
New documentary about a former comfort woman’s “Last Tear”
“I really, really wanted to have a baby, but I couldn’t, right? When I was 34 or so, I took home three babies from the orphanage and raised them.”Park Suk-i, 94, a former comfort woman living on Namhae Island in South Gyeongsang Province, shared the story of her past calmly, but the sounds of sniffling could be heard from various members of the audience. .
[Interview] After Abe’s statement, one US professor wishes to bellow, “Bollux!”
Alexis Dudden, a professor at the University of Connecticut, drew a heated response when she spearheaded a joint statement by US historians last February opposing the Shinzo Abe administration’s attempts to misrepresent Japan’s historical actions. After Japanese Prime Minister Shinzo Abe‘s statement on the 70th anniversary of Japan’s World War II surrender, she conducted an email interview with the Hankyoreh’s Washington correspondent. .
Korea branch mulling Amnesty Int’l’s recent decision on sex work decriminalization
South Korean human rights groups appear poised for a major debate over the issue of prostitution after Amnesty International voted at a recent meeting to recommend countries to develop decriminalization policies as a measure to protect the rights of sex workers. .
[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.
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
‘Comfort women’ relive their horror as sex slaves
In what may be the last record of their personal experiences as sex slaves during World War II, some of Korea’s surviving “comfort women” have revealed their heart-wrenching stories in exclusive interviews. Korea was abruptly liberated from 35 years of Japanese colonial rule (1910-45) on Aug. 15…
Chung vows transparency in bid for top FIFA job
Former FIFA vice president Chung Mong-joon urged transparency and accountability on Monday as he officially declared his bid for the presidency of the world football…
Shareholders end Lotte feud
It only took 20 minutes for shareholders of Lotte Holdings in Tokyo to reaffirm Shin Dong-bin’s control of Korea’s leading retail giant on Monday…
LG doubles down on OLED tech
PAJU, Gyeonggi - LG Display, the world’s top LCD producer, announced on Monday it would invest 10 trillion won ($8.4 billion) by 2018…
SK Group to invest big in its affiliates
SK Group Chairman Chey Tae-won announced an investment plan worth at least 46 trillion won ($38.8 billion) on Monday at a meeting with CEOs…
Body of Lee Maeng-hee arrives at Seoul hospital
The body of the late Lee Maeng-hee, eldest son of Samsung founder Lee Byung-chul and the father of CJ Group Chairman Lee Jae-hyun…
With tensions high, UFG begins
South Korea’s military launched its annual joint military exercises with U.S. Forces Korea on Monday amid heightened tensions on the peninsula…
In political move, Moon pushes Park on Beijing
South Korea’s opposition party leader on Monday recommended President Park Geun-hye visit Beijing next month to attend an event celebrating the 70th anniversary…
Closed-door talks for Choi and Lee
Finance Minister Choi Kyung-hwan will have closed-door bilateral talks with Bank of Korea (BOK) Chief Lee Ju-yeol at the end of August…
Smartphone banking on rise, for small amounts
The volume of smartphone banking transactions is growing rapidly, but the value of each exchange remains small compared with financial business conducted…
As selling spree holds, Kospi under 1970
A strong selling spree by foreign investors that continued for the eighth straight trading day dragged Korean shares below 1970 on Monday, following a long weekend…
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Samsung to back start-ups
Samsung Electronics will offer an opportunity for executives and employees to start a business, a move meant to imbue Silicon Valley’s innovative culture into the ent.. ...08.18 14:30
Chairman Shin wins shareholder votes; brings end to family feud
A family feud over the control of Lotte Group comes to an end as Lotte Group chairman Shin Dong-bin has won a complete victory in a shareholder meeting, solidifying th.. ...08.18 13:19
LG Display to switch focus to OLED panels
South Korea’s LG Display will focus investment on organic light-emitting diode (OLED) displays as a new growth engine. Han Sang-beom, head of LG Display, announced a.. ...08.18 11:31
2 biggest obstacles to S. Korea economy: Militant labor union and infertil..
One in two South Korean business management experts blamed a fragile footing, on which small and mid-sized business (SMBs) and start-ups are on, in addition to hard-li.. ...08.18 10:27
Cheil Industries launches smart suit accessories for smartphone users
Cheil Industries is coming forward to add smart functions to its new line of suit. Following the Rogatis smart suit that can send an mobile business card to a smart .. ...08.17 17:52
Samsung to provide 30,000 jobs for young people
Samsung Group said it would create a total of 30,000 jobs for the youth over the next two years. Samsung on Monday released a comprehensive measure to tackle job short.. ...08.17 17:42
Public law officers file suit over special purpose expenses
Public law officers have filed a lawsuit against the Government Employees Pension Service, arguing the exclusion of special purpose expenses (project operation and exp.. ...08.17 17:21
Park delivers flexible response to Japan
South Korean President Park Geun-hye urged Japan to “demonstrate with consistent and sincere actions its pledge to inherit the recognition of history by the previous .. ...08.17 14:29
Labor reform legislation will take shape later this month
The ruling Saenuri Party, the government and Cheong Wa Dae Sunday agreed to complete the overall structure for labor market reform by the end of August and begin to im.. ...08.17 14:28
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
[Editorial] President Park's Dangerous Perception Revealed in Her National Liberation Day Speech
The 70th National Liberation Day ceremony was louder than ever. The government designated August 14 as a temporary national holiday and guaranteed citizens a th···
President Park's Speech on the 70th Anniversary of National Liberation: A Mix of Criticism and Dialogue with No Solution?
President Park Geun-hye did not suggest anything special or present any diplomatic solutions to North Korea or Japan in her congratulatory address on Aug···
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···
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The Korea Economic Daily (http://english.hankyung.com/)
Major Business Groups to Increase Youth Jobs
Samsung Group has announced that it would create more than 30,000 jobs for young applicants for the next two years. SK Group will invest 46 trillion won in the semiconductor business while LG Group putting 10 trillion won in the display business as a way to expand youth jobs. Samsung Group said on Au...
Government's Rice Inventory Rising Year after Year
As Koreans tend to eat increasingly less amount of rice, more rice is stockpiled in warehouses run by the government. The Ministry of Agriculture, Food, and Rural Affairs and the National Agricultural Cooperative Federation designated August 18 as the day of rice and held the first-year promotional...
LG Display to Shift Investment Focus from LCD to OLED
LG Display revealed its plan to invest more than 10 trillion won in large and flexible OLED areas by 2018. The company announced on August 17 that it will shift its investment focus from LCD to OLED. It is expected to invest more than 10 trillion won in premium LCD areas, centering on large and flex...
HMM Posts 1H Net Loss of More Than 200 Bil. Won
Hyundai Merchant Marine said on August 17 in a regulatory filing that it posted second-quarter sales revenue of 1,521.4 billion won, with operating loss of 63.1 billion won and net loss of 165.8 billion won. Comparing to the sales of 1,562.8 billion won and the operating loss of 47.6 billion won in ...
LG Chem Shares Up 4% on News of Car Battery Supply to Changan Auto
The stock of LG Chem is on the rise on the news that the company signed a deal with Changan Automobile Group, China's No. 1 car maker, to supply automotive batteries. At 9:02 am on August 17, the shares were traded at 235,000 won, up 4.21 percent from the previous trading day. On Sunday, LG Chem anno...
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AJU Business Daily (http://eng.ajunews.com/korea)
Fall semester starts
Two students are in action, while others look on during a friendly arm-wrestling match at a primary school in Yongsan-gu, Seoul, Monday, the first day of the new semester.
Funerals for CJ Group honorary chairman Lee Maeng-hee to be held in Seoul Aug. 20
The Korean national flag is hoisted at CJ headquarters in Huam-dong, Jung-gu, Seoul, capital of South Korea, Monday. Lee Maeng-hee, honorary chairman of CJ Group, the country's largest food and en…
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…
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ETNEWS (http://english.etnews.com/)
K-lab’s Iris Recognition Technology Is Getting Exported To China
Korea¡?s door lock model that has iris recognition technology installed is being exported to China. Starting with about 200,000 door locks, amount of supply...
How Deep Has North Korea Hacked Into Large University Hospital In Seoul?
It is found out that computer network of large university hospital in Seoul was left alone for 8 months from outside group¡?s hacking attack that is reportedl...
Dongbu HiTek’s Operating Profit In First Half Increases 315%
Dongbu HiTek (CEO Choi Chang Sik President) announced on the 13th that it made sales of $253 million (296.8 billion KRW), operating profit of $39.2 million (46.1 b...
One Can Now See Advanced Cars On Streets In Early 2016…Revised Bill Will Go Through Legislatively Noticed Revision
A legal base that allows advanced cars to be test driven on streets will be prepared. If process of revising legislation happens according to schedule, it is expec...
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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