The Korean daily media headlines and humor
Wednesday, Nov. 11, 2015
Here areThe Korea Post notice and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea this morning:
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A round-up of the latest news published by the Korean media:
S. Korea, Japan Directors Discussing Wartime Sex Slavery
South Korea and Japan are holding director-level talks on the long-standing conflict surrounding Japan’s wartime sexual slavery. Director-General Lee...
Korean War Veterans Around the Globe Turn Toward Busan to Commemorate Sacrifices
Gov't, Ruling Party to Spend Additional 200 Billion Won to Fight Drought
Top Office Dismisses NPAD Attack on Park's Cabinet Meeting Comments
SaenuriCheif Presses Opposition to Pass Pending FTA, Economy Bills
Park Chairs Meeting of Social Security Committee
Processed Agricultural Exports to FTA Partners Sharply Increase
Youth Unemployment Rate Drops to Lowest in 29 Months
VOA Highlights Increasing Votes for UN Resolution on N. Korea
Presidential Council Drafting Sisterhood Plan for Inter-Korean Cities
30,000 War-Separated S. Koreans Want to Confirm Living Status of N. Korean Relatives
Sung Kim: Six-Party Talks Worth Pursuing
Moody's Warns of Impact from China's Slowdown
60% of Japanese Approve Abe Accord to Resolve Sex Slavery Conflict
S. Korea, Japan produce no breakthrough on 'comfort women'
South Korea and Japan produced no specific deal in talks Wednesday on the issue of Korean women forced into sexual servitude for Japanese soldiers during World War II, officials said.
Grand Korea Leisure nixes bid for casino on Yeongjong Island
Grand Korea Leisure Co. (GKL), South Korea's state-run casino operator, said Wednesday it will not apply for a casino resort on Yeongjong Island on worries Beijing's corruption crackdown could crimp demand from Chinese high rollers.
S. Koreans largest consumers of instant noodles in the world: data
South Koreans ranked number one in the world in terms of instant noodles consumption per year, government data showed Wednesday.
Lawyer brings history textbook dispute to Constitutional Court
A lawyer filed an appeal to the Constitutional Court Wednesday to foil the government's move to reintroduce state-authored history textbooks.
S. Korean pitcher quickly recovering from hand injury
In an encouraging development for South Korea at the Premier 12 baseball tournament, injured right-hander Woo Kyu-min is in line to make his scheduled start thanks to a speedy recovery from a bruised pitching hand.
The Korea Herald (http://www.koreaherald.com)
Hyundai Motor heir Chung raises his stake in company
Hyundai Motor vice chairman Chung Eui-sun spent 300 billion won ($259.3 million) to purchase 1.84 million shares, or 0.8...
Herald forum stresses design’s power to solve global problems
World-renowned designers, artists, architects, brand marketers and tech entrepreneurs gathered ...
South Korea to build second airport on Jejudo Island
The South Korean government said Tuesday it plans to build a second airport on the country’s s...
Korea, Japan to hold talks over colonial-era sex slavery
Officials of Seoul and Tokyo will resume their negotiations over Japan’s colonial-era sexual e...
Myanmar vote gives hopes of ending sanctions
The United States on Monday welcomed Myanmar's election as a victory for the people, and the vote appeare...
Girls driven to diet
A recent Organization for Economic Cooperation and Development report showed a great dispari...
The growing tide of violent crimes against Koreans in the Philippines has prompted the Korea...
K-pop sweetheart mired in pedophilia controversy
The song "Zeze" in 23-year-old singer-songwriter IU's recent EP album "Chat-shire" was accused ...
[Herald Interview] Xuefei Yang wants her music to pull ‘Heartstrings’
Critically acclaimed Chinese classical guitarist Xuefei Yang wants her presence to become more ...
The Korea Times (http://www.koreatimes.co.kr)
Korea's unemployment rate reduces to 3.1 in Oct.
The nation’s unemployment rate reduced in October as manufacturing, facility management and business support services sectors hired more people, according to Statistics Korea Wednesday. The unemployment rate stood at 3.1 percent...
'Eternal Sunshine' dawns in big-screen return
"Eternal Sunshine of the Spotless Mind," in theaters for its 10th anniversary, has garnered the la...
Business lobby calls for food industry promotion
Korea should drastically expand its food industry as a new growth engine by, among others, creating international food clusters, the Federation of Korean Indu...
Former POSCO chief indicted over alleged corruption
Prosecutors indicted former POSCO Group chairman Chung Joon-yang without detention Wednesday on ch...
Fatal fire: Gov't bans work on LPG ships at Daewoo Shipbuilding
The Ministry of Labor has ordered a halt to work on five LPG ships at Daewoo Shipbuilding and Marine Engineering (DSME) in Geoje, South Gyeongsang Province, a...
Jeju to have new airport
The government said Tuesday that it will build a new airport on the southeastern part of Jeju Isla...
Essay award winners talk fintech
Financial technology and private banking dominated the themes of this year’s English Economic Essa...
Youth job fund: another form of tax
Is a youth job fund, set up in September under President Park Geun-hye’s initiative, a new form of tax targeting chaebol owners and corporate executives?
'Tiger' portrays man's lifelong job
“Old Boy” star Choi Min-sik says the theme of “The Tiger: An Old Hunter’s Tale,” a new film featur...
Half of S. Koreans reluctant to see NK relatives
About half of elderly South Koreans who may have relatives living in North Korea do not want to see them again for various reasons, according to data from the...
Myanmar’s opposition party shows strong start in elections occupying 94% of seats
In the historic general elections in Myanmar, the National League for Democracy (NLD), the main opposition party led by the female leader Aung San Suu Kyi, is making strides towards unrivaled election victory, winning...
Hyundai Motor unveils EQ900, the first Genesis flagship model
“I drove over thousands of speed bumps myself for eight months since I came to Korea to develop this new model. It was a unique experience to me," Hyundai Motor Vice President Albert Biermann said at the preview event...
‘Only sincere people should be elected,` says Pres. Park
"I urge you to ensure that people who are sincere to people are elected.” Presiding over a Cabinet meeting at the presidential office on Tuesday, President Park Geun-hye urged the public as such, saying, “Now, I wish...
Japanese Emperor Akihito seems to have health issues
In a Japanese city on October 25, there was an incident that made people suspicious about Japanese Emperor Akihito’s health, as he suddenly asked the congress chair of Toyama Prefecture if the winner for the best...
Korean researchers discover 12.8 billion-year-old black hole
A Korean research team has found a new black hole generated 12.8 billion years ago during the early stage of creation of space. The finding is stirring much interest in the astronomical circles in and out of the country...
Ancient Korean roof tiles on display in downtown Seoul
The first impression is strong with big eyes, flat nose, sharp pangs, and red face. A patient observer, however, will see a different face. The lips wear a hint of smiling, and the round facial contour feels friendly...
Review: Kang Sue-jin’s swan song Onegin
China, Taiwan agree to establish cross-strait hotline
Lawmakers from Korea and Japan hold soccer game in Yokohama
Most Long-Haul Passengers Watch More Than 1 Movie
Movies remain a chief means of relieving the boredom during long-haul flights. To gain a better understanding of what types of movies airline passengers prefer, the ChosunIlbo turned to movie ticketing website Max Movie. >> Full Text
Hyundai Offers Glimpse of 1st Genesis Luxury Car
Hyundai on Tuesday unveiled a first artist's impression of a car bearing the premium Genesis logo. The carmaker said the premium sedan called EQ900 depicted in the rendering will be a "compilation of cutting-edge technology." >> Full Text
BMW Apologizes After Spate of Vehicle Fires
German luxury carmaker BMW apologized on Tuesday after a number of cars caught on fire over the past week. BMW Korea pledged to investigate the problem, but the exact cause of the fires remains unclear. >> Full Text
Richest Live Up to 15 Years Longer Than Poorest
Jeju to Get 2nd Airport Kim Jong-un Unlikely to Visit China This Year
Snowden leaks: S. Korea a member of Sigint Seniors Pacific
Documents provide first evidence of S. Korea taking part in Pacific counterpart of “Five Eyes” alliance
One of the details in the documents released by Edward Snowden concerned South Korea’s participation in Sigint Seniors Pacific (SSPAC), a signals intelligence alliance formed by the US National Security Agency (NSA) with countries in the Pacific region to go along with its so-called “Five Eyes” alliance with four other Anglophone countries. No specifics had previously been available on South Korea’s role in regional intelligence activities spearheaded by the NSA.
Snowden leaks: Private companies address hacking while government sits idle
The Hankyoreh confirmed that South Korea’s largest internet service providers - including SK Telecom (SKT), LG Uplus (LGU ), and KT - contacted Cisco, a US company that makes routers and other network equipment, in connection with documents leaked by Edward Snowden, former contractor for the US’s National Security Agency (NSA). According to the documents, the US has been putting bugs in Cisco’s routers and using them for online snooping. .
Snowden leaks: Lack of homegrown equipment leaves S. Korea vulnerable to hacking
Many believe that the ability of the US - and other members of the “Five Eyes” - to carry out indiscriminate surveillance of internet activity around the world was made possible by the US monopoly on the technology for network communications equipment.
S. Korean government stays mum as WTO candidate is hacked
Months after the fact, it was brought to light that a South Korean diplomat and university professor’s email accounts with the Ministry of Foreign Affairs (MOFA) and Seoul National University were spied on in 2013 by a New Zealand intelligence agency using surveillance software developed and administered by the US government’s National Security Agency (NSA).
Park increases her focus on the April elections
President Park Geun-hye lashed out at the legislature on Tuesday for stalling the passage of bills important to the economy and urged voters to only vote for “sincere” politicians in April’s general election. Park issued unusually lengthy opening remarks at a Cabinet meeting…
Jeju to get new airport on east coast in 2025
As visitors to Jeju Island continue to grow, particularly from China, the government decided to build a second airport on the east coast of Korea’s most popular tourist destination by 2025…
Builders face stricter standards
State-run banks will more closely examine the profitability of large-scale overseas construction projects won by Korean companies before offering any financial support…
Top trends for 2016 fit in a monkey bars matrix.
Next year is the year of the monkey in the Chinese zodiac, and renowned trend expert Kim Nan-do has come up with 10 trends for 2016 that may help Koreans tackle…
Costco’s online mall for Koreans is first in Asia
Costco Wholesale, the U.S. retailer known for bulk selling, opened an online mall in Korea on Tuesday, its first in Asia.…
Retailers help students splurge after the CSAT
Korean retailers are gearing up to target high school students who finish the all-important college entrance exam, known as the CSAT, on Thursday…
MaeilKyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Seoul to set up special fintech districts
The Seoul Metropolitan Government will designate Yeouido and Yeongdeungpo as special districts for fintech business next year to ...
Doosan Heavy to beat previous records
Doosan Heavy Industries is expected to beat its previous record of 10 trillion won ($8.64 billion) in annual orders for the first ...
eBay Korea offers Black Friday promotions for overseas goods
With the United States-inspired Black Friday just around the corner, eBay Korea, the owner of two leading South Korean online ...
KDIC president vows to speed up sales of Woori Bank stake
Korea Deposit Insurance Corporation (KDIC) President Gwak Bum-gook Monday said the state company will speed up the sale of its stake ...
OECD cut 2015 growth rate for Korea, predicts additional rate cut
The Organization for Economic Co-operation and Development (OECD) said the Bank of Korea has room to push the benchmark interest rate ...
Hanwha Q Cells reviving on growing module orders in U.S.
Hanwha Q Cells Corp., a solar power unit of South Korea’s conglomerate Hanwha Group, is expected to see its earnings rise in the ...
'Cannot Release the Number of Applicants to Author Textbook' State Textbooks behind Closed Doors: Worse than the Yushin Era
The government finished accepting applications to author the state designated history textbook on November 9, after receiving applications from November 4. But ···
ChoeRyong-hae Disappears: 'Power Shift' in North Korea
According to a media report on November 9, ChoeRyong-hae (65, photo), a secretary of the Workers' Party of Korea and also a key figure in Kim Jong-un's North···
[Editorial] First China-Taiwan Summit in 66 Years While North-South Korea Caught in a Standstill
Chinese President Xi Jin-ping and Taiwan President Ma Ying-jeou met in Singapore on November 7, the first summit between China and Taiwan since the two countrie···
[Mounting Disobedience against State Authorized History Textbook] The Conservative Right Wing Is Obsessed with ‘National Foundation of Korea in 1948’ to Wipe out the Past for Pro-Japanese Koreans
As far as the academic circle of history can see, the essence of the history textbook that is desired by the New Right, government and ruling party is the ‘nat···
North Korean RiUl-sol, Kim Il-sung's Colleague Dies: ChoeRyong-hae Missing from the Funeral Committee
Premiere Kim Il-sung's colleague during the anti-Japanese partisan days RiUl-sol, marshal of the Korean People's Army (KPA) and one of the most senior figure···
The Korea Economic Daily(http://english.hankyung.com/)
"Haitao Market" Opens up Wide on Nov. 11
On the November 11 Solo Day, Chinese consumers opened up their wallets to buy things. To capitalize on the event, Korean retaliers have made a variety of discount offers to "haitao" consumers. Haitao is a shopping practice translated roughly as "searching abroad," The Solo Day is one of the biggest ...
Recession-defying Fast-fashion Brands Make Amazing Sales Growth
Fast-fashion brands like Uniqlo, H&M, Zara, SPAO, 8ight Seconds, and TopTen have now become quite familiar to anyone from teens to those in their 60s or older. The size of the so-called SPA (short for "specialty retailer of private-label apparel") market is estimated at 3.17 trillion won as of last ...
SPA Brands Change People's Clothing Buying Pattern Fundamentally
The biggest change that Korea's fast-fashion brands have wrought was that people's clothing purchasing pattern has changed fundamentally. Park Sung-kyung, vice chairperson of E-Land Group, said, "Today's apparel consumers buy SPA brands all the time while making a purchase or two of high-priced luxu...
Korea’s Corporate Tax Burden 6th Highest among OECD Countries
South Korea has a relatively high corporate tax burden among Organization for Economic Cooperation and Development member countries. According to the OECD on November 10, Korea’s corporate tax-to-GDP ratio stood at 3.4 percent in 2013, the sixth highest together with the Czech Republic and Israel a...
Doosan HI’s Annual Order Receipts Likely to Surpass 10 Tril. Won, First in 4 Years
Doosan Heavy Industries announced on November 10 that its annual order booking volume is likely to pass the 10-trillion-won mark this year, thanks to a string of 1,000-megawatt thermal power plant equipment orders. This would be the first time in four years for Doosan’s annual order volume to surpa...
AJU Business Daily(http://eng.ajunews.com/korea)
Super Junior's Choi Si-won named special representative for UNICEF Korea
South Korean boy band Super Junior's Choi Si-won has been named a special representative for the Korean Committee for UNICEF (United Nations Children's Fund), his management agency in Seoul sa…
Minnesota Twins have 30 days to strike deal with Korean slugger Park Byung-ho
The Minnesota Twins have won the posting bid for South Korean slugger Park Byung-ho, the Twins and Major League Baseball (MLB) said Monday (local time). ?The winning bid for the first baseman report…
2nd airport in Jeju Island to be built before 2025
The South Korean government Tuesday announced plans to build the second airport on the southern resort island of Jeju. The airport will be built in Seongsan-eup, eastern part of the island, the Min…
60th wedding anniversary celebrated
Korean War veterans and their wives are seated during a ceremony to celebrate their 60th wedding anniversary held at the War Memorial of Korea in Yongsan-gu, Seoul, Tuesday. A total of 12 couples part…
‘Transparent’ state textbook publication process goes foggy
Chief of National Institute of Korean History(NIHK), Kim Jung-bae announces plans regarding state-issued textbooks [Photography by Kim Sefirstname.lastname@example.org] Contrary to an announcement made b…
Job fair held in Seoul
Young jobseekers queue during the 2015 Leading Korea Job Festival at the COEX Convention Center in Samseong-dong, southern Seoul, Monday. Small- and medium-sized businesses participated in the job fai…
Opening of 100% LTE…3 Mobile Telecommunication Businesses Finish VoLTE...
Generation of 100% LTE that has data and voice-calling use LTE48 is finally here. Clear quality of sound that is almost identical to original sound, fast connection...
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LG Electronics Releases Premium Solar Energy Modules in South Korea…It ...
LG Electronics has introduced ultra-high efficient solar energy modules, which have received attention from foreign countries first, in South Korea and is out to targe...
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LG Chemicals Wins a Contract worth about $51.8 Million for ESS Batte...
LG Chemicals was able to obtain a right to supply greatest size of batteries out of Energy Storage System (ESS151) Projects for Frequency Regulation (FR) in Germany. ...
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Samsung Starts Mass-Producing Modem Integrated Chip ‘Exynos8’ for Galaxy S7
Samsung Electronics has started to mass-produce application processor (AP), which is an integrated chip that integrates modem function into a Silicon Die, that will be loaded into Galaxy S7 (tentative). Samsung also loaded its own CPU core and by doing so, it is up to a level where it can compete against Qualcomm (design) and Intel (production) in system semicon...
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