Nov. 13, 2015
The Korean daily media headlines and humor
Friday, Nov. 13, 2015
Your Excellency:
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:
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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The Korea Post, established 30 years ago in 1985, operates five news media outlets, two in the Korean language and three in English. They are all at your service. You can email all your English and Korean press releases and feedback for free publication to edt@koreapost.com or korpost@chol.com. The five media outlets are:
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A round-up of the latest news published by the Korean media:
KBS (http://world.kbs.co.kr/english/news/)
Park Urges Abe to Make Decision to Resolve Sex Slavery Conflict
President Park Geun-hye has urged Japanese Prime Minister Shinzo Abe to make a decision to resolve the conflict over Japan's wartime sexual slavery of...
Park to Contribute to Economic Integration Talks at APEC
Park Ties History Textbooks to Reform Measures
Park Open to Inter-Korean Summit
Finance Minister: 2016 Budget Plan Would Raise Economic Growth by 0.7%p
2015 Rice Production Jumps 2%
Park to Depart for Series of Multilateral Events
Defense Ministry to Transfer Landmine-Removal Knowhow to Vietnam
Seoul Warns Against Japan's Plan to Create History-Review Panel
Finance Minister: 2016 Budget Plan Would Raise Economic Growth by 0.7%p
2015 Rice Production Jumps 2%
BOK Chief Calls for Corporate Restructuring before US Rate Hike
N. Korea Denounces Calls to Designate it Terrorism Sponsor
'N. Korean Ruling Party Secretary Choe Sent to Farm for Punitive Labor'
N. Korean Workers' Party Secretary Choe Not Spotted at State Funeral
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Yonhap (http://english.yonhapnews.co.kr)
Park urges Abe to make decision on wartime sex slavery
President Park Geun-hye pressed Japanese Prime Minister Shinzo Abe Friday to make a decision to resolve the issue of former South Korean sex slaves for Japan's World War II soldiers.
Gov't rejects nuclear reactor referendum, pledges to meet development obligations
The government said Friday that it firmly rejects the validity of a referendum organized by opponents of a new nuclear power plant on the country's east coast and made clear it will fulfill all regional development pledges that can prop up the local economy.
Steel imports down for 2nd straight month in Oct.
South Korea's steel imports dropped for the second straight month in October as demand for Japanese products declined, industry data showed Friday.
Imported diesel car sales in S. Korea drop amid emissions scandal
Sales of imported diesel vehicles in South Korea hit the lowest level in a year in October as customers seem to be shunning diesel models following the worldwide emissions scandal, industry data showed Friday.
China busts Internet scam ring involving S. Koreans
China's public security authorities have arrested a total of 31 South Korean and Chinese nationals for allegedly running an Internet scam ring in the Chinese northeastern border town of Yanbian.
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The Korea Herald (http://www.koreaherald.com)
Parties fail to agree on new constituencies
The rival parties on Thursday failed to negotiate the redrawing of a new electoral map, missing the legal deadline and f...
Test-takers embrace challenges of ‘Suneung’
Jo Myeong-ja, 79, has taken a long detour en route to higher education. As the oldest of some 6...
Top court upholds life sentence against Sewol captain
The Supreme Court on Thursday upheld the life sentence for Lee Joon-seok, 70, who was captain o...
Samsung to take on Qualcomm with new premium chip
Samsung Electronics on Thursday unveiled its latest Exynos 8 Octa 8890 chipset that will be ins...
N.K. leader’s key aide said to be sent to r...
North Korean leader Kim Jong-un has sent his key confidant to the country’s top school for reeducation, ...
A weirdo
Former intelligence chief Kim Man-bok, in many respects, is a strange figure. He has generat...
More finger-pointing
President Park Geun-hye, in nature, is self-righteous and unilateral. One need not look no f...
Foods that may help prevent Alzheimer’s
While there is no known cure for Alzheimer’s disease -- a chronic neurodegenerative disease co...
Entrepreneur seeks government transparency with technology
Entrepreneur Rebekah Kang has a dream that one day, technology will make politicians obsolete.“...
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The Korea Times (http://www.koreatimes.co.kr)
Alas, Abe conspiracy
Korea and China, Japan’s World War II victims, have played the part of Cassandra, foretelling the upcoming ominous future only for their prophecy to be denied. The United States, the victor that knocked the aggressor with two at...
Gloom grips stock market outlook for 2016
Around this time of year, stock analysts unveil their forecasts for the next 12 months. Unfortunat...
China busts Internet scam ring involving S. Koreans
Chinese authorities have arrested members of an alleged Internet scam ring that consists of 31 Sou...
Korea blanks Myanmar 4-0 in World Cup qualifier
Korea defeated Myanmar 4-0 in a World Cup qualifier in Suwon, Gyeonggi Province, Thursday.
Sewol captain homicide conviction upheld
The Supreme Court upheld a lower court ruling that sentenced Lee Joon-seok, the captain of the fer...
'Key NK official may have been purged'
ChoeRyong-hae, one of North Korean leader Kim Jong-un’s key confidants, may have been purged, sou...
630,000 take CSAT
The College Scholastic Aptitude Test (CSAT) started at 8:40 a.m., Thursday, for 631,187 test taker...
Japan steps up demands for removal of 'Girl Statue'
A statue of a Korean girl located across the street from the Japanese Embassy in Seoul is emerging as a new bone of contention because Tokyo is demanding its ...
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DongAIlbo (http://english.donga.com)
Europe closes its door to Syrian refugees
European countries including Germany, Sweden, and Denmark that used to gladly accept refugees have presented plan to stop the influx, according to international presses including Newsweek on Nov 11. The presses added...
Korean baseball wins against Venezuela 13 to 2
The Korean national baseball team swept its opponent in a called game, recovering its reputation from their poor performance in the opening. The Korean team, ranked eighth in the world, won against Venezuela (ranked...
Supreme Court upholds life sentence against Sewol captain
On Thursday when falls on the same day for the national college entrance exam of in Korea, the Supreme Court upheld the life sentence to Lee Jun-seok (70), the captain of the ferry Sewol that sank off the southwest...
`Monster Hunt` director Raman Hui talks about his movie
“I have never expected that “Monster Hunt” would be such a success. I think that it’s because the movie has a factor that brings six-year old kids and 70-year old grandparents together.” Some 65 million viewers with...
Baseball commentator Ha Il-sung charged with fraud
Baseball commentator Ha Il-sung (65, photo) had a building worth 10 billion won (8.65 million U.S. dollars) in Seoul`s affluent Gangnam area until four years ago. He was persuaded by Cho, a real estate agent, however,...
Alibaba earns $1.5 billion in 12 minutes on `Chinese Black Friday`
This is the seventh year of "Singles Day," an Internet shopping mall sales event that is also known as "Chinese Black Friday." On Wednesday when this year`s event started, Alibaba broke new sales records as Chinese...
World renowned Korean Wagner singer to perform `The Flying Dutchman` in Seoul
Hyundai Motor unveils EQ900, the first Genesis flagship model
Myanmar’s opposition party shows strong start in elections occupying 94% of seats
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ChosunIlbo (http://english.chosun.com)
More People Turn Backs on Social Media
An increasing number of people are tiring of Facebook, Twitter and Instagram and just want to be left alone. They often wind up disillusioned after experiencing a world where every detail of everybody's life is exposed to the public glare. >> Full Text
ChinaTop N.Korean Apparatchik Back in the Doghouse
North Korea's elderly comeback kid ChoeRyong-hae is believed to have been demoted again and undergoing reeducation. Rumors had circulated that Choe has been purged since his name was omitted from from the roster of a committee preparing for the funeral of Marshal RiUl-sol, who died last Saturday. >> Full Text
'Snowpiercer' to Be Made Into U.S. TV Series
Bong Joon-ho's hit sci-fi movie "Snowpiercer" is to be spun off into a TV series in the U.S. The Hollywood Reporter reported Wednesday that the film is being adapted by Josh Friedman for Tomorrow Studios, which has optioned the rights. >> Full Text
Supreme Court Upholds Ferry Captain's Murder Conviction
Little Hope of Seizing Money from Ferry Owner
Time Called as Korea Thrashes Venezuela in Premier 12
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HankyorehShinmoon (http://english.hani.co.kr)
A partial victory over spying in S. Korea
District court decision mostly flew under the radar, as east Asian countries have been quiet about indiscriminate monitoring
Revelations of US National Security Agency (NSA) activities by former contractor Edward Snowden are reawakening public fears about indiscriminate spying by state organizations. With Seoul and South Korean intelligence having yet to respond to Snowden‘s allegations, attention is turning to a recent partial court victory in a case connected with them.
Poll: A majority of South Koreans oppose state-issued history textbooks
Over half of South Koreans are opposed to a recently announced measure for introducing state-issued history textbooks in middle and high schools, according to a recent survey by the society research center of the Hankyoreh Economy & Society Research Institute. .
[Photo] “Withdraw state-issued history textbooks”[Photo] Opposition continues, even in the rain
Protesters stay out all night decrying “a coup d’etat in the history classroom” S. Korea-US intelligence cooperation: all the hallmarks of unrequited love. In an interview with German weekly Der Spiegel, Thomas Drake, a former employee for the US’s National Security Agency (NSA), described the NSA’s relationship with Germany by saying, “It’s a sort of paradox in that relationship.” .
Snowden leaks: South Korea’s North Korea program a target of “double hacking”
The “double hacking” of a South Korean intelligence organization’s North Korea hacking program by the US National Security Agency (NSA) around 2006 is drawing renewed attention. While there had been many previous allegations of monitoring even among friendly intelligence agencies, it marked the first documented case.
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Sewol captain is a murderer: court
The Supreme Court on Thursday upheld a life sentence for the captain of the Sewol ferry, finding him guilty of murder for fleeing the capsizing ship before more than 300 of its passengers drowned. The final ruling on 70-year-old Lee Jun-seokcame a year and a half after the 6,825-ton ferry sank off southwestern waters on April 16, 2014…
Singles Day is windfall for Korean firms
China’s Singles Day on Nov. 11, the country’s biggest online shopping day, boosted sales for Korean companies selling products on the e-commerce platform Alibaba…
Pyongyang official said to have been ‘re-educated’
The secretary of North Korea’s ruling Workers’ Party is believed to have been sent to a rural agricultural cooperative for “revolutionary re-education,”…
Central Bank is firm on rates prior to Fed’s move
The Korean central bank on Thursday took a cautious approach by keeping the key borrowing rate unchanged at 1.5 percent for the fifth consecutive month. …
Prescient prof says BOK must cut base rate to 0%
A Korean-American economist known for his accurate economic forecasts said the Bank of Korea should take a more aggressive approach by lowering the base interest rate to zero…
Imminent Cabinet reshuffle brushed off
The office of President Park Geun-hye made a rare announcement Thursday that it will not reshuffle the Cabinet for some time, denying a media report…
Thousands nationwide gather to take the CSA
Hundreds of thousands of college hopefuls across the country took the annual College Scholastic Ability Test (CSAT) on Thursday.…
Park’s election remarks rankle NPAD, Saenuri stays mum
The president’s appeal to the public to vote for “sincere” politicians in April’s general election stirred up a strong reaction from the main opposition party…
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MaeilKyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
S. Korea’s household debt rises at record rate in October
Fresh household loans in South Korea soared 9 trillion won ($7.7 billion) in October, the largest monthly gain since the country’s ...
HMM gets relief funds from Meritz
Hyundai Merchant Marine Co. (HMM) has successfully raised funds from Meritz Securities Co., a relief after business losses for five ...
LG Elec beefs up vehicle R&D to make headway in smart car age
LG Electronics Inc. beefed up vehicle-related business, mostly automated electric cars, by establishing the Vehicle Component ...
BOK holds rate at record low for 5 straight months in November
South Korea’s central bank on Thursday expectedly left its benchmark interest rate unchanged at 1.5 percent for a fifth consecutive ...
Hyundai Heavy and Aramco sign for new ventures
South Korea’s Hyundai Heavy Industries Co. (HHI), the world’s largest shipbuilder, and state-owned oil giant Saudi Aramco have ...
Haengnam Chinaware finds new owners
Haengnam Chinaware, the second largest producer of ceramic wares in South Korea, will have new owners. The 73-year-old company has ...
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The KyunghyangShinmoon(http://english.khan.co.kr/)
"What Do You Think about the State Authorized Textbook and the Pro-North Korea Groups?" Questioning Ideology in Interview for Grade-5
In an interview for grade-5 public officials held at the end of last month, the interviewers reportedly asked questions on North Korean supporters and the state···
Instant Noodle Republic: An Annual Average of 76 Packs Per Person
Koreans ate an average of 76 instant noodles per person last year. According to the report, "2015 Detail Status of Processed Foods" released by the Korea A···
[Editorial] The President Threatens Lawmakers and Publicly Declares Intervention in General Elections
President Park Geun-hye's statement during yesterday's cabinet meeting was close to a threat to the National Assembly and ruling and opposition politicians. T···
[Seeking a New Growth Engine] China Invests 21 Tn Won in Semiconductors: Korea Needs Innovation to Secure Top Position
"I once told people in charge of human resources at Korean semiconductor companies to go and meet the students at Beijing University and Tsinghua University wh···
[Mounting Disobedience against State Authorized History Textbook] '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 ···
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The Korea Economic Daily(http://english.hankyung.com/)
Hyundai Heavy to Establish a Shipyard in Saudi Arabia
Hyundai Heavy Industries will build a shipyard in Saudi Arabia jointly with the Middle East nation's state-run oil company Saudi Aramco. The two parties signed a memorandum on November 11 for this purpose. Under the terms of the agreement, the new shipyard will focus on building ships whose demand i...
Aramco Deal May Give Hyundai Heavy Growth Momentum
Hyundai Heavy Industries' signing of a memorandum with Saudi Aramco was primarily intended to take the initiative in the Middle East market. According to a company official, the latest agreement was more meaningful in that it was led by its division head and the eldest son of the largest shareholder...
Hyundai Motor Sets Target on High-end Vehicle Market
Hyundai Motor made full strides into the global high-end vehicle market by launching a luxury brand Genesis. Thus far, Hyundai Motor has stuck to a single brand Hyundai. Hyundai Motor introduced its high-end brand Genesis targeting the global luxury vehicle market in front of 400 dignitaries, includ...
LG Chem One Step Closer to Acquiring Dongbu Farm Hannong
LG Chem is expanding its business range toward food biotech. As the LG Group company was selected as the preferred bidder for Dongbu Farm Hannong, Korea's largest company in crop protection products, securities analysts are also busy finding out the company's future outlook and the acquisition's imp...
Korea’s LCD Industry Stalled at 8G While China Eyes
In the global LCD arena, one of Korea’s mainstream IT markets, Korea is losing ground to China. LCD prices are plunging due to China’s mass-production drive. Starting from next year, Chinese LCD makers are setting out to build 10.5G-plus (3,370 x 2,940 mm) panel plants whose capacities are about t...
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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 Se-gu=k39@ajunews.com] 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…
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ETNEWS(http://english.etnews.com/)
Kakao Is Going to Release New O2O Services Continuously
Kakao is putting out a new O2O (Online to Offline) service every quarter as a new driving force and is going to recover its game platform business¡?s slump ...
WPC Develops Wireless Charging Technology That Supports 15W
Wireless charging technology that can charge a Smartphone for same time as a wired charger is developed. WPC (Wireless Power Consortium), which is an international wirele...
256 QAM Technology Will Be Applied in Second Half of 2016 Even I...
Even if Galaxy S7 is out in early 2016, it will be difficult to commercialize ¡®256 QAM¡? technology, which increases connection speed by 33%,...
Samsung Display Sells Entire Gen. 5 LCD Equipment to Chinese Business
Samsung Display is selling entire Cheonan Gen.5 LCD manufacturing facilities¡? L5 equipment to Chinese business, and Trulywill be the most likely business to buy it. With fund that Samsung will receive from selling its facilities, Samsung is going to expand OLED production lines and will change L5 facilities to OLED production lines. According to industries ...
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