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The Korean daily media headlines and humorNov. 24, 2015

The Korean daily media headlines and humor

Tuesday, Nov. 24, 2015

Your Excellency:

Here are The 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

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.

Ex-President Kim Young-sam dies after achieving Korea’s democratization

Wring the neck of the cork, but the morning comes nonetheless!’

Former President Kim Young-sam died of old age at his home in Seoul on Nov. 22 in the presence of his son, Kim Hyun-chul, and other members of his family. He was 87.Together with the late former President Kim Dae-jung, who died six years ago, Kim Young-sam is considered one of the two greatest fighters for the democratization of Korea and for the eradication of corruption.

President Park Geun-hye visited the Seoul National University Hospital and expressed her condolences at a memorial altar for former President Kim Young-sam on Nov. 23, 2015. Kim died of a blood infection and heart failure early shortly after midnight. Park went to SNUH just hours after she returned from her 10-day trip that included summits of the G-20 and the Asian-Pacific Economic Cooperation. During her attendance at the East Asia Summit in Kuala Lumpur Sunday, President Park was informed of Kim's death. President Park offered a silent prayer and made consoling remarks to the bereaved family members of the late former President. President park grabbed the hands of Madam Sohn Myung-soon and expressed her condolences and sympathy with the widow. President Park received news on Nov. 22 concerning the passage of former President Kim and expressed her deep condolences over the passage of the former President. Together with the late former President Park Chung-hee who achieved historical industrialization of Korea and miraculous economic development, the two Kims are rated as outstanding champions for the democratization of the Republic of Korea.

(For further details, visit /news/view.html?section=158&category=166&no=1128)

President Park Geun-hye expresses condolences at the National University

Hospital on Nov. 23, 2015 before the altar of the late President Kim

Young-sam.

A round-up of the latest news published by the Korean media:

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

President's Funeral Brings Together Former Rival Factions

Former rival opposition factions that fought for South Korea's democracy have put aside their differences on the occasion of President Kim Young-sam's...

Presidential Office Calls on Sewol Committee to Adhere to Proper Duties

President's Funeral Brings Together Former Rival Factions

UN Secretary-General Fine-Tuning Visit with N. Korea

Special Committee Resumes Salvage Efforts for Sewol Ferry

KOSPI Recovers Above 2,000 Threshold

Incheon Airport Wins World's Best Duty Free Award

Senior Unification Ministry Official to Represent Seoul in Inter-Korean Talks

Two Koreas to Meet at Truce Village to Arrange Cross-Border Talks

Pyongyang Proposes Inter-Korean Working-Level Meeting Next Week

Mourners Around World Pay Respects to Former Pres. Kim

Japanese Police Investigate Explosion at Yasukuni Shrine

BBC, Le Parisien Report Death of Pro-Democracy Icon

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

S. Korean Embassy in Washington opens memorial altar for late ex-President Kim

South Korea's Embassy in Washington began accepting mourners of late former President Kim Young-sam on Monday after establishing a memorial altar at the embassy building.

Two dead in U.S. military chopper crash

A U.S. Apache helicopter crashed onto a mountain road in Wonju, Gangwon Province, Monday, leaving its pilot and another crew member dead, authorities said.

China extends condolences over death of ex-S. Korean President Kim

China on Monday expressed condolences over the death of former South Korean President Kim Young-sam, crediting him for making contributions to the development of Korea-China relations.

S. Korea, Japan should address history issue for future: Vice FM

South Korea and Japan need to build mutual trust for "sincere strategic cooperation," a senior South Korean official said on a trip to the United States.

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

Park pays respects to late ex-president

President Park Geun-hye on Monday visited a memorial altar to offer her condolences to the bereaved family of the late f...

We are not criminals’ say asylum seekers

With risks and challenges faced by refugees across the world having become one of the greatest ...

Hyundai founder’s saga inspires beyond generation

Following is the first in a three-part story featuring the late Hyundai Group founder Chung Ju-...

Seoul pushes for measures to slow gentrification

A 50-year-old fashion and interior designer surnamed Kim has been running a unique cultural spa...

Macri vows new era as Argentine president

Argentina’s conservative president-elect Mauricio Macri promised a “marvelous” new era was starting fo...

Whither opposition?

The internal feud at the main opposition New Politics Alliance for Democracy will mark an im...

Legacy of Kim YS

Kim Young-sam was no doubt a towering figure in Korean politics. Most of all, the man, along...

Vietnam emerging as key economic partner for Korea

Time is running short for the parliamentary ratification of the Korea-China free trade agreemen...

Stone statues enshrine Korean folk beliefs

Stone sculptures had a significant impact on the ordinary lives of people in Korea as symbols o...

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

President offers respects to Kim

President Park Geun-hye offered her condolences over the death of former President Kim Young-sam at his altar in Seoul National University Hospital (SNUH), Monday. Kim, whose presidency ran from 1993 to 1998, died of a blood inf...

Two die in U.S. Forces helicopter crash in Wonju

Two people died after a U.S. military helicopter crashed on a local road in Wonju, GangwonProvinc...

Banks, union at odds over merit-based pay 

Banks moving to introduce a performance-based pay are drawing strong protests from unions, which believe this will result in massive layoffs. 

Shinhan Financial eyes non-banking firms overseas 

Shinhan Financial Group is seeking to buy more small non-banking firms in Indonesia, V...

SK to purchase OCI Materials 

SK Corp. said late Monday that it has decided to purchase OCI Materials, the world's top supplier of the specialty gas, nitrogen trifluoride (NF3), to strengt... 

47 selected to write state-led history textbooks 

A total of 47 authors will participate in writing government-sponsored history textbooks for middl...

Lawmaker seeks to extend duty free license period to 10 years 

A ruling party lawmaker is seeking to extend the licensing period for duty free stores to 10 years from the current five, saying this will strengthen the comp...

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DongAIlbo (http://english.donga.com)

U.S. special forces to arrive in Syria to root out ISIS

U.S. Special Forces are arriving in Syria soon to join the international war against the Islamic State of Iraq and Syria. U.S. Special Presidential Envoy to fight ISIS said on Sunday that the mission is aimed to... 

Park In-bee sets to enter into the Hall of Fame

Park In-bee (27) is set to join the LPGA Tour’s Hall of Fame. Park played 3-under 69 in the fourth round to post 12-under 276 overall and rank sixth at the CME Group Tour Championship, the final of this season’s LPGA...

Ex-President Kim Young-sam dies; Park conveys ‘deepest condolences’

Former President Kim Young-sam, who made significant contributions to Korea’s democratization and served as the nation’s 14th president, died at 88 on Sunday. With his death, the so-called "Yang-Kim" (two Kims namely...

Genesis EQ900 aims for the U.S. market

The Dong-A Ilbo visited the Hyundai-Kia Motors California Proving Ground, which is over two hours far away by bus from downtown Los Angeles, California, on last Tuesday (local time). The proving ground located in the...

Korean baseball team defeats Japanese team; Japanese media calls it `nightmare`

Japanese media put a spotlight on Thursday`s shocking defeat of "Samurai Japan" in the ninth inning against Korea. The defeat was described as a "nightmare." Major sports newspapers made the headline "Humiliating...

Book review: `Entertainers of the Joseon Dynasty`

One television singing audition program produces a slew of potential stars every year despite public concern that the pool of aspiring singers could dry up because of a series of similar programs that are mushrooming ...

Pres. Park to send a video message for bereaved families of Yeonpyeong battle veterans 

Historian identifies Harvard Draft that found Eulsa Treaty `null and void` 

Analysis to cope with ‘magical pitches’ of Japanese pitcher Otani

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ChosunIlbo (http://english.chosun.com)

42% of All Wealth in Korea Is Inherited

Inheritance accounts for an ever-rising proportion of Koreans' wealth as the opportunities for social mobility dwindle, a study suggests. The proportion of asset accumulation by inheritance rose from 27 percent in 1980 to 42 percent in 2000. >> Full Text

Gov't Selects Authors for Official History Textbooks

Forty-seven people have been selected for a controversial project to write official history textbooks for use in middle and high schools. The state-run National Institute of Korean History said Monday that 26 authors were selected for the middle-school books and 21 authors for the high-school texts. >> Full Text

1st Snow of the Year This Week

This year's first snow is expected in the Seoul metropolitan area this week with up to 3 cm falling on Wednesday morning in northern Gyeonggi Province, the Korea Meteorological Administration forecast. A snow advisory was issued for Tuesday noon in Yanggu, Pyeongchang and Donghae in Gangwon Province. >> Full Text

Park Pays Respects to Former President

N.Korean Boats Found Adrift Near Japan

China Urged Not to Send Defectors Back to N.Korea

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HankyorehShinmoon (http://english.hani.co.kr)

With Kim Young-sam’s death, the passing of an era in South Korean politics

Kim Young-sam was born under a lucky star. Better known by the initials “YS,” he was a larger-than-life politician who left a heavy, distinct, and indelible footprint on the history of Korean politics.Kim was an indomitable contender who never gave up the fight for democratization, and he played a leading role in sweeping out a string of presidents who began their careers in the army and ushering in civilian administrations. Even after being elected president, the bold measures he took for change and reform served as the launch pad for advancing South Korea to the next level.

One Sewol father still pushing for an investigation

Last month was the second Chuseok holiday for Park Jong-dae, 51, since losing his son Su-hyeon, a second-year student at Ansan’sDanwon High School, in the 2014 Sewol ferry tragedy. After taking down the memorial table set out for his ancestors and lost child, he sat down before a computer and proceeded to type out a 17-page investigation request based on data he had collected. Two days later, the request was presented to the special Sewol committee investigating the accident. .

Attorneys group seeking to submit brief on Lone Star case.

An attorneys group plans to submit an opinion calling for the dismissal of the private equity firm Lone Star‘s claim for over US$4.3 billion in damages from the South Korean government in an investor-state dispute (ISD), which will have its third trial next January.With its opinion, the group MINBYUN-Lawyers for a Democratic Society is planning to take the opinions of South Korean civil society directly to the arbitrators after previously having two applications to observe the trial were rejected. .

“This is not just a statue of a young girl, but a monument to peace”

On the afternoon of Nov. 22 at the Japanese branch of the Korean YMCA in Tokyo, Yoon Mi-hyang, president of the Korean Council for the Women Drafted for Military Sexual Slavery by Japan, stood at the podium. Yoon’s group has played a leading role in the comfort women movement over the past 25 years.

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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)

Kim mourned across the nation

President Park Geun-hye paid a visit on Monday to the mourning altar of former President Kim Young-sam, who died early Sunday at the age of 87 from a severe blood infection and acute heart failure. Park, in black attire, bowed her head in front of Kim’s portrait at the altar set up at Seoul National University Hospital at 2 p.m. on Monday....

Maternity leave policy unveiled

Public institutions will hire as many as 1,000 new full-time regular workers to step in for employees who take maternity leave next year…

Drill held to mark 2010 shelling of Yeonpyeong

South Korea’s Marine Corps held a live-fire drill in the Yellow Sea on Monday, as the country marked the fifth anniversary of North Korea’s shelling of Yeonpyeong Island…

February release predicted for S7

When will Samsung Electronics’ Galaxy S7 be unveiled? How is Apple’s iPhone 6s performing, and when will its successor arrive?…

Bid to attract more affluent ‘angels’ to start-ups

The government has eased rules on “professional” angel investors to encourage more affluent individuals to offer financial backing to local start-ups…

Seven HHI executives give back their salaries

The seven presidents and CEOs of the financially troubled Hyundai Heavy Industries (HHI) have volunteered not to take any salary from the company…

Top Starwood director looks to more growth

The hotel industry is undergoing a major transformation while demands from travelers are changing. …

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

S. Korea’s Coway sale faces major setback after Haier pulls out from consortium

The plan to sell Coway Co., South Korea’s water purifier maker, has been disrupted after China’s Haier Group, a prospective buyer ...

Michelin to drop by and rate restaurants in Seoul next year

Restaurants and diners in Seoul gear up for visits by famously anonymous inspectors to draw up the first Red Guide publication on ...

Capital firms in race to sell asset

Capital companies in South Korea, which provide personal loans, home mortgages and automobile financing, are in a race to get cash by ...

Hyundai Motor tests self-driving Genesis in southern Seoul

A black Genesis sedan started out in a high school in southern Seoul and drove past other cars to end its 3-kilometer (1.86 mile) ...

Daegu?Samsung CCEI startups aim to go global in new building

The Daegu?Samsung Center for Creative Economy & Innovation (CCEI) will settle in a new place next year, aiming to boost ...

Bull market a shopping season for owner families of Korean conglomerates to

Members of family-owned Korean conglomerates are bargain-hunting to ride on the bear market trend to up their shareholding for ...

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The KyunghyangShinmoon(http://english.khan.co.kr/)

Former President Kim Young-Sam Dies

Former President Kim Young-sam died at the age of 88 on November 22. The former president died of blood infection and acute heart failure in the Seoul Nation···

More than 2,500 Police Officers Raid the Korea Confederation of Trade Unions for the First Time over the Weekend: Why?

On November 21, the police conducted a search and seizure of twelve offices of eight organizations of the Korea Confederation of Trade Unions (KCTU) and the Kor···

[Government Against Terrorism] Ruling Party Takes Advantage of Anti-Terrorist Movement to Create a New 'Authoritarian' Administration

The government and ruling party have revealed their intentions to create a new "authoritarian" state in the wake of the multiple terrorist attacks in P···

Professor Lee Myung-hee, an Advocate of the State Authorized Textbooks, Applies for EBS President

Lee Myung-hee (photo), a professor of history education at Kongju National University, and also the author of the Korean history textbook published by Kyohak Pu···

Terrorism Prevention Act: Possible Infringement of Human Rights as Society Shifts to the Right in the Name of Anti-Terrorism

The government and the Saenuri Party held a meeting on November 18 and presented comprehensive measures to prevent terrorism. According to the plan, the governm···

Rumors of Ban Ki-moon's Visit to North Korea: Vague Stance Fuels Confusion

Rumors of a possible visit to North Korea by Ban Ki-moon (photo), the secretary-general of the United Nations (UN) have been intensifying these past few days. A···

Police Begin Investigation into Gwanghwamun Demonstration

The police have engaged in a broad-scale investigation into the groups that organized the Gwanghwamun rally on November 14. The people are criticizing the p···

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

Asia-Europe Shipping Rates Plunge by 70% in Three Weeks

The shipping market is showing signs of collapse due to the decline in global trade, including that for raw materials. The global economic downturn is prolonging albeit the United States Fed’s move to raise the benchmark interest rate. The Asia-Europe freight rates fell to US$295 per TEU (twenty-fo...

Samsung C&T Surges on Expectation of Shift in Parent Group’s Governance Structure

The stock price of Samsung C&T surged on expectations that the governance structure of Samsung Group will be shifted in favor of Samsung C&T. At 9:09 am of November 23, the share price of Samsung C&T stood at 149,000 won, up 5.67 percent or 8,000 won, from the previous trading day. Yang Hyung-mo, an...

Air Busan to Select Lead Manager for Stock Listing

Air Busan is set to select a lead manager for its initial public offering scheduled on November 23. Air Busan is a low-cost carrier subsidiary of Asiana Airlines. The airline was launched in October 2008 by Asiana Airlines (with a stake in 46%), the Busan metropolitan city government and a group of ...

Aekyung Group Pushes to List Health Food Subsidiary

Aekyung Group’s functional health food subsidiary AK & MN Biopharm plans to list itself on the KOSDAQ over-the-counter market. According to investment banking sources, AK & MN Biopharm recently signed an IPO underwriting contract with Daishin Securities and launched its IPO process. AK & MN Biophar...

Chinese Manufacturers Fast Narrowing Tech Gap with Korean Rivals...KIET Survey

As Chinese manufacturers are catching up closely to Korean rivals, the technology gap between the two countries has narrowed further. According to a survey on technological levels of Korean manufacturing industries undertaken by the Korea Institute for Industrial Economics and Trade, Korea's compani...

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

Two pilots killed in Apache crash in Korea

Crash site of U.S Army Apache helicopter [Courtesy of Gangwon-do Fire Department] Two pilots were killed in a U.S. Army Apache helicopter crash in South Korea, Monday. Officials said. The …

Ban discussing dates for North Korea Visit

Ban Ki-moon is in discussion with North Korea to decide the visiting dates. [AJU NEWS DB] U.N. Secretary-General Ban Ki-moon has said he was discussing with North Korea the dates for his vi…

Imported beer regulation not decided yet

[AJU NEWS DB] There were rumors that the government will start regulating the prices of imported beers recently, which brought consumer’s angry reactions. The government explained that whethe…

FNC Entertainment gets $290 million investment from Chinese group

Members of FNC Entertainment [Courtesy of FNC Entertainment] FNC Entertainment, a Korean management company is to be invested U.S$ 290 million from a subsidiary of Chinese conglomerate Suning U…

Korean high school girl performs on ‘Ellen Show’

[Captured image from Ellen DeGeneres Show] [Courtesy of official Ellen DeGeneres Show YouTube Channel] Lydia Lee (Korean name Lee Ye-jin), who uploaded a cover song of Adelle’s ‘Hello…

Former President Kim Young-sam dies at 87

[AJU NEWS DB] Former Korean President Kim Young-sam passed away aged 87, Sunday morning. Kim, who established an era of true democracy and civilian

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

Hyundai and Kia Develop Wearable Robot that Can Help People Who Ar...

Hyundai and Kia succeeded in developing a prototype of wearable robot that can assist people in walking and their goals are to commercialize it in 2020. Hyundai and Ki...

South Korea’s Small Business Develops 240° Super-Wide Angle Camera Module

Super-wide angle camera that can film image in 240¡Æ is developed. It is expected that it will be used in security or safety fields in various ways as b...

All of Banks’ ATMs Will Be Linked to Samsung Pay

All of South Korean banks such as Nonghyup, Shinhan and others will link their ATMs to Samsung Pay. Starting from next year, all of ATM withdrawals and debit paym...

Self-Driving Car Drives Through a Street with Minister of Ministry of Science, ICP and Future Planning on Board

Run, safely! Rise, higher!¡? For the first time in South Korea, Minister Choi Yang Hee of Ministry of Science, ICP and Future Planning (MSIP) test drove a self-driving car that drove through streets in Gangnam. This is the first time when a demonstration of a self-driving car driving through an actual street actually took place in South ...

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Special Notices:

Photo shows President Soon-Heung Chang of Handong Global University (fifth from left, front row) with ambassadors and other visiting members of the Seoul Diplomatic Corps (SDC), including Ambassador MmeNatalliaZhylevich of Belraus (dean of the visiting members of the SDC), fourth from left the same row With Ambassador and Mrs. SylvestreKouassi Bile of Cote d’ Ivoire (third and second from left, front row).

And Ambassador Roballo of Argentina (sixth from left, same row) and Ambassadors Mohamed Abdi Gello of Kenya (on the right of the rear row).

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“Why not try to change the world?”

Ambassadors, senior diplomats visit Handong Global University in Pohang

Ambassadors NatalliaZhylevich of Belarus, Kouassi Bile of Cote d’Ivoire, Jorge Roballo of Argentina and Mohamed Abdi Gello of Kenya and 20 other senior diplomats, including the charges d’affaires, visited Handong Global University in Pohang City on the Southeast Coast of Korea on Nov. 12, 2015 at the invitation of President Soon-Heung Chang of the University.

The tour, organized by The Korea Post, included also a visit to POSCO and a cruise ride around the harbor of the Pohang City.

The Korea Post has been organizing tours for the ambassadors and other senior members of the Seoul Diplomatic Corps for the past 30 years, but it must be said that the one hosted by Handong Global University is one of the most impressive in terms of the interest on the part of the host who met the guests with a true heart and warm welcome.

President Soon-Heung Chang of the University made such an excellent arrangement out of respect and special regard for the distinguished international guests by asking his Vice President Simon Kang(Administrative Affairs) and Professor JinwonAhn (School of Management and Economics) to come all the way from Pohang to Seoul to welcome and escort the ambassadors and other senior diplomats to comfortably visit his University.

The tour of the Handong Global University was a truly memorable one where many outstanding features of the University continuously surprised the visiting ambassadors and the other senior diplomats. For further details, visit: /news/view.html?section=161&category=181&no=1119.

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The Korea Post is at your service.

The Korea Post, 30 years old, has 5 media units. They are all at your service.

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:

(1) A Korean print newspaper (http://www.koreapost.co.kr/pdf/list.php),

(2) A Korean Internet (http://www.koreapost.co.kr/),

(3) An English Internet (/main/index.html),

(4) An English print monthly (http://koreapost.koreafree.co.kr/magazine/index.html?page=2), and

(5) An English e-daily (/rankup_module/rankup_notice/notice_detail.html?no=327)

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