Aug. 24, 2015

The Korean daily media headlines and humor

Monday, Aug. 24, 2015

Your Excellency:

Here are The Korea Post notices, 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:

The following news have been Katalked to the ambassadors who are Katalk friends of me (Chairman Lee Kyung-sik of The Korea Post)--before they were reported by any English-language media in Korea or elsewhere in the world. My mobile phone number is 010-5201-1740 for the Excellencies wishing to be my Katalk friends. Some of the news may have not yet been reported by any English media even as of this very moment.

North Korea simply not ready for a war at this moment

To intimidate South Korea and support its delegates at the Panmunjom negotiation table, the North Korean regime has doubled its artillery strength along the DMZ and ordered 50 submarines (almost 100% of its total strength) to go under the water--whereas they disappeared from their docks in North Korea.

However, it appears that North Korea is just bluffing, and in fact is not ready to cause a war against the South at this time. Dong-A Ilbo reported at 3am this morning quoting one of its undercover North Korean sources.

This is because North Korea has all the personnel and equipment of its elite military units’ including advanced equipment such as latest weapons and missiles, all in the vicinity of Pyongyang. At present, the North Korean regime is using them all for the preparation of the October-10 parade to mark the 70th anniversary of founding of the Workers Party of (North) Korea (WPK). Chairman Kim Jong-il of the Military Affairs Commission of WPK has told his top military generals to mobilize 30,000 military personnel for the parade to make it “much larger than the Chinese parade.” The Chinese parade is known to be using less than 20,000 persons.

South and North to meet to defuse inter-Korean tensions

The Republic of Korea (ROK), or South Korea, and North Korea have agreed to have a very high-level official meeting at the House of Peace in Panmujonm at 6 p.m. this afternoon (August 22) to discuss ways to defuse the tensest situation on the Korean peninsula, this was disclosed by Cheong Wa Dae today.

From the ROK side will attend Chief Presidential Secretary Kim Kwang-jin and from the North will come Secretary Kim Yang-kun of the Workers Party of (North) Korea who is in charge of South Korea operations. Also attending the meeting are Minister Hong Yong-pyo of National Unification of the ROK and from the North and the North Korean side will come Director Hwang Byung-su of the General Political Affairs Bureau of the Party.

North Korea interested in dialogue with ROK to stop loudspeaker broadcasting

Secretary Kim Yang-gon of the Workers Party of (North) Korea sent a message to Chief Presidential Secretary Kim Kwan-jin at Cheong Wa Dae at 4:50 p.m. yesterday (Aug. 20) which said “In order to address and find a way out of the present situation and improve inter-Korean relations, we have an intention to make efforts.” Secretary Kim is in charge of all South Korea operations in North Korea, is rated to be superior to Chief of Staff of the (North) Korean People’s Army. In the message, Kim said, “Your loudspeaker broadcasting to our side is tantamount to a declaration of war on our country and we will take a military action if your side does not stop the broad casting within 48 hours.”

Meanwhile, there are no reports of any military reaction from North Korea to South Korea’s firing of 36 rounds of large-caliber guns to the suspected North Korean batteries that were suspected to have fired artillery shells on a hill near Yeoncheon south of the DMZ at 3:50 p.m. and about an hour later again several more rounds at a target inside the DMZ south of the Central Demarcation Line.

In spite of the North Korean warning (intimidation) against the South Korean loud-speaker broadcasting to North Korea, it appears that North Korea is interested in a peaceful dialogue with the South to persuade the South to stop the broadcasting. It is believed that the South Korean broadcasting really hurts the North Korean side, especially Chairman Kim Jong-il of the Military Affairs Commission of the Workers Party of (North Korea).

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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

/news/view.html?smode=&skey=food&x=15&y=11&section=162&category=182&no=985

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

Two Koreas Struggling to Ease DMZ Tension as Talks Continue for 3rd Day

The two Koreas are holding official high-level talks for the third day at the truce village of Panmunjeom in a bid to ease the current military...

N. Korea Quick to Report on Inter-Korean Talks

Rival Parties Urge N. Korea to Halt Provocation

UN Chief Urges Koreas to Engage in Dialogue

N. Korea: Ready for All-Out War to Protect its System

JCS Chiefs of S. Korea, US Vow Joint Efforts Against Pyongyang Threats

S. Korean, US Jets Flies over S. Korean Territory in Show of Force

Gov't Vows to End Vicious Cycle of N. Korean Provocation

S. Korea Continues Loudspeaker Broadcasting; Military Remains on Highest Alert

Park Urges Thorough, Decisive Response to Additional N. Korean Provocations

Military Detects Signs of Missile Launch in N. Korea

Kim Jong-un Declares Near State of War

S. Korea, US Activate Combined Counter-Provocation Plan

S. Korean JCS Warns N. Korean Military

S. Korean DMZ Psy-Ops Continues Despite Threats

Two Koreas Exchange Fire Across DMZ

'50 N. Korean Submarines Disappear from Base'

Typhoon Goni to Affect Korean Peninsula from Tuesday

Koreas Resume High-Level Talks in Panmunjeom

High-Level Inter-Korean Talks Resume in Panmunjeom

S. Korean Stock Rich Suffers Loss of 5Tln Won

Long-Time Job Seekers Surpass 121,000 in July

KOSPI Tumbles Below 1,900 over N. Korea Concerns

Two Koreas Struggling to Ease DMZ Tension as Talks Continue for 3rd Day

S. Korea, US Raise WATCHCON to Level 2

N. Korea Quick to Report on Inter-Korean Talks

NYT Urges Cautious Response by S. Korea, US

UN Chief Urges Koreas to Engage in Dialogue

Int'l Community Responds to Raised Tensions on Korean Peninsula

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

N. Korea forward deploys amphibious landing crafts carrying special forces

North Korea has deployed amphibious landing crafts carrying special forces to the frontline as the country keeps up its tight combat readiness despite on-going inter-Korean talks to defuse military tension, military sources said Monday.

Trump: N.K. leader Kim is either 'mad' or 'a genius'

U.S. Republican presidential hopeful Donald Trump has said he thinks North Korean leader Kim Jong-un is either "mad" or "a genius," and much more difficult to deal with than his late father.

Lippert shortens vacation amid inter-Korean tension

Mark Lippert, the U.S. ambassador to South Korea, has cut short a trip to his homeland for vacation amid heightened tensions on the peninsula, a diplomatic source said Sunday.

Koreas resume high-level talks on easing tensions

South and North Korea resumed rare high-level talks Sunday on defusing heightened tensions, an official said, as Pyongyang appears to be gearing up for possible strikes against Seoul.

50 N. Korean submarines away from base

More than 50 North Korean submarines are apparently away from their bases for operations, a sign that the North is gearing up for combat while participating in high-level talks aimed at easing tension, an official here said Sunday.

Koreas' high-level talks stretch into third day

Koreas resume high-level talks on easing tensions

50 N. Korean submarines away from base

S. Korea's six fighter jets return home ahead of ..

Koreas resume high-level talks on easing tensions

KOSDAQ 624.09 DN 2.96 points (open)

KOSPI 1,860.03 DN 16.04 points (open)

Dollar opens at 1,198.0 won UP from 1,195.0 won

Hyundai, Kia models named top picks for teens in U.S.

Parliament to hold confirmation hearing on health minister..

KCON becomes talk of town on Twitter: study

Commemorative stone placed to mark papal visit

'Assassination' becomes 10th most-viewed Korean film

'Infinite Power' offers 20-somethi..

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

Two Koreas in talks for third day

The two Koreas that resumed the high-level talks Sunday are still talking 16 hours later without much progress, according to Cheong Wa Dae and the Ministry of Unification. Seoul’s National Security Office chief Kim Kwan-jin and ...

Seoul will take steps to tame market volatility 

Seoul will take preemptive measures to ease market volatility and strengthen its monitoring of markets due to escalated tension with Pyongyang despite inter-K...

Investigation of POSCO drags on 

The prosecution is under increasing pressure to stop its POSCO slush fund investigation because it has found no critical fault with the nation’s biggest steel... 

Samsung Pay boosts Galaxy sales 

Samsung Electronics’ mobile payment system, “Samsung Pay,” is helping ii exceed expected sales of ...

Daum Kakao strengthens search database 

Daum Kakao, the operator of the nation’s top mobile messenger KakaoTalk, is adding information content to its database, reinforcing its competitive edge in th... 

Sex offenses on subways on the rise 

The number of sex offenses committed on subways continues to rise.

Ill-timed fireworks add to cross-border tension 

Some municipal governments are facing criticism from local residents after fireworks displays went ahead Saturday, causing citizens to fear that military stri... 

More Korean women wed younger men 

An increasing number of Korean women are marrying men younger than themselves, data shows.

KDB mulls selling Daewoo Securities to China 

The state-run Korea Development Bank will consider an option to sell its controlling stake in KDB Daewoo Securities to a Chinese group as it seeks to find a p... 

Nokia to make little impact on Samsung 

Nokia’s plan to re-enter the smartphone market in 2016 may have little impact on existing market l...

Private equity funds vie for Home plus 

Leading private equity funds (PEFs) are competing for stakes in Home plus, the nation’s leading retail distributor, officials said, Sunday.

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

North Korea beefs up frontline forces

The Koreas’ cross-border standoff showed more signs of flaring up on Sunday as the North Korean military sharply beefed...

South Koreans learn to live with constant threat

A restaurant in a busy metropolitan area of Sinchon, Seoul, on Saturday was packed with familie...

Conflicting N.K. actions question Kim’s statecraft

From a series of provocations to an abrupt offer of cross-border dialogue, North Korea’s contr...

Han Hyo-joo: ‘Beauty Inside’ is chance of a lifetime

For Han Hyo-joo, the lead role of Yi-soo in the fantasy romance “The Beauty Inside” was a cha...

Biden meets Warren as he mulls 2016 bid

Vice President Joe Biden left the seclusion of the Delaware home where he’s been weighing a presidential...

Defusing tensions

South and North Korea sought to find ways of defusing tensions on the peninsula at high-leve...

Shame on both

Former Prime Minister Han Myeong-sook will be jailed Monday, four days after the Supreme Cou...

LG confident of securing lead in world’s washer market

CHANGWON, South Gyeongsang Province -- Since its debut last month, LG Electronics’ Tromm Twin ...

Mercedes-Benz Korea pushes AMG performance cars

German luxury carmaker Mercedes-Benz will push for the growth of its high performance sub-brand...

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DongA Ilbo (http://english.donga.com)

N.K. not in situation to launch full-blown warfare

Pyongyang reportedly is not in a situation internally that it can carry out a local warfare. The North had warned the South that unless South Korea stops (propaganda) broadcasting towards North Korea through... 

Kang Jung-ho becomes terror for opposing players

Kang Jung-ho of the Pittsburgh Pirates has claimed his very first multi-homer game (more than two homers in a single game by one player). His second homer became “Kang’s 100th hit in the season” which made him doubly...

Long-term unsolved homicide cases to be handled by special team

The National Police Agency announced on Sunday a plan to change the investigation system of cases that remain unsolved for a long term in the wake of the revocation of statute of limitations for homicide. The plan...

ISIS second-in-command killed in U.S. drone strike

Fadhil Ahmad al-Hayali, the second-in-command of ISIS and the commander in charge of the ISIS military operations, was killed in a U.S. military drone strike, according to the White House announcement on Friday. U.S....

S.K., U.S. joint operation system to apply response plan for provocations

South Korea and the U.S. have agreed on Friday to apply the ‘Korea-U.S. joint contingency plan for local provocations’ to real situation for the first time. “As for the latest provocation, the South Korean military is...

Woods pursues recovery at ‘2nd-grade championship’

Tiger Woods wore a blue cap for the first time, as he participated at the first round of the PGA tour Wyndham Championship, which took place at Sedgefield Country Club (par 70) in Greensboro, North Carolina, the U.S. on...

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)

Lean Times Send More Young People to Fortunetellers

An increasing number of young people are turning their back on modern rationality and consulting fortunetellers again. Famous fortunetellers, shamans, or diviners are widely discussed and recommended online. >> Full Text

N. Korea Conducts Engine Test at Missile Launch Site

North Korea recently conducted an engine test at a newly expanded rocket launch site near the West Sea, satellite imagery suggests. Specialist website 38 North said scorch marks were spotted south of the launch pad in Tongchang-ri, North Pyongan Province. >> Full Text

Chronic Diseases Account for 70% of Deaths in Korea

Chronic diseases account for seven of the top 10 causes of death among Koreans, according to a report released by the Korea Centers for Disease Control and Prevention. Chronic diseases result from an unhealthy lifestyle and bad eating habits. >> Full Text

2 Koreas Exchange Fire Across Border

Park to Attend WWII Celebrations in Beijing

Japan Lodges WTO Complaint Against Korean Import Ban

Ex-Prime Minister Guilty of Taking Bribes

Samsung Cuts Price of New Phones, Speeds Up Release

Hyundai-Kia Lead World in Domestic Production Increase

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Hankyoreh Shinmoon (http://english.hani.co.kr)

Seeking to resolve tensions, South and North Korea meet, but no agreement yet

After meeting into the early morning on Sunday, the two sides will resume their contact today at 3 pm

To ease tensions on the peninsula, South and North Korea held a meeting into the early hours of Aug. 23, but did not come to a final agreement. The two sides are scheduled to restart the meeting at 3 pm on Sunday. Blue House spokesperson Min Kyung-wook said at a briefing early on Sunday, “High-ranking officials from South and North Korea met from 6:30 pm on Aug. 22 till 4:15 am on Aug. 23 at the Peace House in Panmunjeom.”

Stocks tumble and threat of conflict looms as the “Korea risk” spikes

With stocks taking a dive and public anxiety growing on Aug. 21 after an exchange of artillery fire the previous day between North and South Korean forces around the armistice line in Yeoncheon County, Gyeonggi Province, the index of risk factors on the Korean peninsula .

Washington and Beijing both responding cautiously to inter-Korean tensions

Washington is responding cautiously to the recent exchange of shell fire between North and South Korea, placing responsibility for the episode with Pyongyang but avoiding potentially inflammatory language. Meanwhile, China refrained from stating an official position, while the Chinese ambassador in Seoul came forward to call for “restraint” from North and South Korean authorities.

What really is the point of cross border propaganda broadcasts?

What is so disturbing about the propaganda being broadcast by the South Korean military that it would impel North Korea to risk making an artillery strike? On Aug. 10, South Korean troops set up loudspeakers at two sites in Gyeonggi Province ? Yeoncheon County and Paju ? and began broadcasting propaganda. .

N. Korea refuses letter about shelling exchange from the South

The South Korean government tried to send North Korea a letter about the shelling in Yeoncheon County, Gyeonggi Province, in the name of Unification Minister Hong Yong-pyo, but North Korea refused it on the grounds that Hong does not have a sufficiently high rank. The government sent the letter on Aug. 21 in an attempt to reply to a letter from Kim Yang-gon, Pyongyang’s secretary for South Korean affairs, about the artillery exchange on the previous day. .

In wake of fire exchange, inter-Korean tensions likely to remain high

Tensions between South and North Korea appear likely to intensify after an exchange of fire on Aug. 20 in the Yeoncheon region of Gyeonggi Province. The exchange comes amid an already fraught situation following a mine explosion that severely injured soldiers in the Demilitarized Zone (DMZ), South Korea’s resumption of loudspeaker broadcasts, and North Korea’s objections to the propaganda. Experts on North Korea and security issues predicted additional clashes between the two sides.

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Marathon talks arranged while conflict averted

Both Koreas remained on high alert as second meeting got underway

South and North Korea held a second round of high-level talks at the truce village of Panmunjom on Sunday, less than 12 hours after their first meeting, in an apparent effort to prevent rising tensions from developing into a full-fledged conflict. The resumption of the high-level discussions…

In Seoul, consumers remain deaf to threat of war

Tensions may have been running high on the border between the two Koreas on Saturday as…

Hanwha’s success built on trust and loyalty

Hanwha Group started off as an explosives manufacturer when it was established in 1952, but now its business encompasses finance, defense, solar power and retail…

Chairman’s hands-on approach to recruiting the best talent

Back in 2010, Hanwha Chairman Kim Seung-youn flew to the United States. His goal was not to seal a big contract…

10th ESU speech contest awards champs

The final round of the 10th English-Speaking Union (ESU) Korea Public-Speaking Competition was held Saturday at Incheon National University…

Some travel agencies exploiting fear

When a massive bomb explosion went off last week at a Hindu shrine in central Bangkok, killing more than 20 people and injuring some 120 others…

Woman who was indicted for attempted rape cleared

The Seoul Central District Court on Saturday acquitted a 45-year-old woman indicted for attempted rape, citing a lack of evidence that the divorcee…

Expensive toys are no longer just child’s play

At first glance, the scene in the basement-level Electro Mart at the E-Mart outlet in Ilsan, Gyeonggi, may not have been…

LG bets big with innovative two-tub washer

CHANGWON, South Gyeongsang - Several rows of assembly lines that snap, bolt and press parts…

Sluggish demand for G4 leads to a price cut

G4Faced with lackluster demand for its latest flagship smartphone G4, LG Electronics has resorted to slashing prices on its premium model…

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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

S. and N. Koreas hold high-level talks amid rising tensions

As the two Koreas held high-level talks dramatically on the Korean peninsula where war clouds have gathered, they could avoid catastrophe of a military collision for n.. ...08.23 16:55

Chinese TV companies catching up with S. Korean ones

Chinese television companies such as TCL and Hisense are catching up with Korean ones. This has put Samsung Electronics and LG Electronics on alert with their sales de.. ...08.23 10:45

 

Tensions spike after quasi-war state declaration

Tensions are at their highest point between the two Koreas as North Korea declared a quasi-war state after a brief exchange of artillery shells over the western sectio.. ...08.21 16:43

19th Assembly to be branded as the worst

The 19th National Assembly which has a nine-month term before dissolving will likely end up being disgraced as the worst-ever National Assembly in the South Korean his.. ...08.21 16:17

Q2 propensity to consume hits all-time low

South Korea’s monthly household spending rose just 1 percent in the second quarter from a year ago, while income grew about 3 percent, as consumers closed their walle.. ...08.21 16:16

Artillery fire adds risk to S. Korean economy

The Korean economy is increasingly exposed to external risk factors. Volatility in equity and currency markets has increased in the wake of China’s depreciation of .. ...08.21 14:31

Samsung Pay officially launched with new smartphones

Samsung Electronics has begun mobile payment service Samsung Pay along with the launch of a new line of smartphones Thursday. Samsung Pay is a mobile payment service.. ...08.21 11:23

Samsung Galaxy Note5 and Galaxy S6 Edge Plus hit store shelves in S. Korea

Samsung Electronics on Thursday unveiled its flagship high-end smartphones for the second half this year - the Galaxy Note5 and the Galaxy S6 Edge Plus - in its home t.. ...08.21 10:54

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

[North and South Korea Exchange Fire over Loudspeaker] North Expresses Discomfort over Psychological Warfare, Sends Public Warning to Check the South's Combat Readiness

On August 20, North and South Korea exchanged "warning shots" in the western front as the South continued its Ulchi Freedom Guardian exercises with the U.S. F···

?[Editorial] [Han Myeong-sook Convicted] Shameful Corruption by Han Myeong-sook and the Supreme Court's Questionable "Political" Trial

The Supreme Court upheld the original ruling on New Politics Alliance for Democracy lawmaker Han Myeong-sook, indicted for violating the Political Funds Act and···

[Feature: 70th Anniversary of National Liberation] Dictatorial Government’s Attempt at Collective Brainwashing “State=The Individual” The Individual, Labor and Human Rights Pushed Aside

On August 3, Shin Dong-bin, chairman of the Lotte Group residing in Japan arrived at Gimpo International Airport. Shin bowed before reporters and answered, "Lo···

First Underwater Survey to Salvage the Sewol: 149 Experts Including Divers with 20 Years' Experience Assigned

The Sewol had not moved as it lay deep in the Maenggol Channel notorious for its powerful currents. The dark rolling waters of the sea were as they were a year ···

?[Exclusive] Yonsei University Professors Try to Go Play Golf Riding Military Aircraft during Ulchi Exercise ?

Yonsei University professors had planned an exclusive workshop which involved flying on an Air Force aircraft to the South Gyeongsang Province as part of···

[Editorial] Policy for Stronger Control over Universities Pushed Professor to His Death

A professor at Pusan National University jumped to his death revealing how seriously the government had infringed the autonomy of national universities. The nat···

Diplomatic Battle in Northeast Asia Enters New Phase: South Korea Faces a Series of Tests

The diplomatic battle in Northeast Asia has entered a new stage. With Japanese Prime Minister Shinzo Abe's statement on the seventieth anniversary of the end o···

North Korea Fights Back with 'Loudspeakers' toward the South

The North Korean military has resumed loudspeaker broadcasts toward the South after eleven years in response to the South's loudspeaker broadcast toward the No···

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The Korea Economic Daily (http://english.hankyung.com/)

Galaxy Note 5 and S6 Edge Selling at Record-breaking Pace

Cutting-edge premium smartphone Galaxy Note 5 and Galaxy S6 Edge , released by Samsung Electronics on August 20, are selling at a record-breaking pace. According to industry sources on August 23, the combined sales of the Galaxy Note 5 and Galaxy S6 Edge passed the 75,000 mark in just three days a...

Seoul Women's 2014 Fertility Rate Falls below 1.0

The average number of children born of women in their child-bearing age (15-49 years) residing in Seoul was fewer than one. The Seoul metropolitan city government published a statistical book "The Life of Women in Seoul" on August 23. According to data in the book, the total number of babies born i...

[Market Insight] National Pension Service to Invest 1 Tril. Won in HomePlus 

The National Pension Service will join the fray to acquire HomePlus, Korea's No. 2 discount store chain operator, in partnership with the nation's largest private equity firm MBK Partners. This is the first time for the National Pension Service to make an acquisition move in cooperation with a domes...

Sales of Korean Firms Doing Business in China Down in 2014

China's economic slowdown is scaring the world. Due to the worries over the country's weak growth prospect, the global financial markets and international commodity prices fell across the board. Korean companies doing business in China as well are taking the heat as they saw their profit decline las...

Competition Gets Fierce in Compact SUV Market

Korea's major car makers are vying fiercely to get the upper hand in the fast-growing compact SUV market. According to industry sources on August 23, Ssangyong Motor's Tivoli, released in January 2015, Renault Samsung's QM3 and GM Korea's Chevrolet Trax are competing to grab a larger share in the do...

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AJU Business Daily (http://eng.ajunews.com/korea)

Pop duo Fly to the Sky to make comeback in mid-September with new EP

Pop duo Fly to the Sky will make a comeback in mid-September with a new mini album, its management agency in Seoul said Thursday. The EP is the duo's first album since the release of their ninth a…

Baby fair opens at COEX in southern Seoul

Fathers participate in a baby-food making contest at COEX in southern Seoul on Thursday. The contest was a part of the 28th BeFe Baby Fair which opened at COEX earlier in the day for a four-day run.

Internet banking subscribers rose 4.3% in 2nd quarter: BOK

The number of subscribers to Internet banking services in South Korea totaled 113,273,000 as of the end of June 2015, up 4.3 percent from three months earlier, the central bank said on Monday. They in…

Teachers undergo safety training program in Seoul

A teacher descends with a rope from a building during a safety training program offered at the Seoul Metropolitan Fire Academy in Banghak-dong, Dobong-gu, Seoul, Wednesday. Teachers from schools in Se…

Dyson unveils new machine to groom pets

A woman, using British electronics manufacturer Dyson's new machine, grooms a dog during a press event at Chosun Hotel in central Seoul, Tuesday. Despite the economic sluggishness, South Korea'…

Rice Day observed in South Korea

South Korean farmers hold packs of rice in their hands during an event to mark the first Rice Day at the Korea House in Jung-gu, central Seoul, Tuesday. The Ministry of Agriculture, Food and Rural Aff…

Biological agent attack drill in Seoul, South Korea

Medics treat a victim during an anti-terrorism drill simulating a biological attack in front of the Seocho District Office in southern Seoul on Tuesday. The drill took place in conjunction with the jo…

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…

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ETNEWS (http://english.etnews.com/)

Naver Jumps Into Automobile IT Market…It Makes Partnership Cooperation With Hyundai MnSOFT

Naver made a partnership with Hyundai MnSOFT in infotainment for automobile application and car connectivity market and decided to expand cooperation in automobile...

LG Display Focuses On Developing OLED Market And Plans To Invest $8.45 Billion Until 2018

LG Display decided to get out of its comfort zone and go on full-scale OLED voyage. Although it was being passive from insecurities of unpredicted things until now,...

Read the full story

SK Corporation Is Investing $38.9 Billion Into Extending 2 Semiconductor Lines And Others In Correspondence To Superiority In Competition Against China…There Will Be Huge Expected Effect In Downstrea

SK Corporation is currently examining its investment method that is worth $38.9 billion (46 trillion KRW) and includes extension of 2 SK Hynix¡?s semic...

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RansomWeb That Makes Server DB Data Hostage By Encoding It Lands In Korea

#A Developer¡?s web and file servers were attacked by RansomWebs, and its data within servers became encoded and it is going through difficulties on its bu...

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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...

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