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The Korean daily media headlines and humorDec. 10, 2015
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The Korean daily media headlines and humor

Thursday, Dec. 10, 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.

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

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

Parties Fail to Pass Contentious Bills; Extraordinary Session to Begin

Anchor: The last regular session of the 19th National Assembly ended on Wednesday. An extraordinary session will begin...

38 North: Construction at Satellite Launching Station Almost Complete

Kim Jong-un's Uncle Cites Mercilessness of Power for Defection

38 North: Construction at Satellite Launching Station Almost Complete

Parties Fail to Pass Contentious Bills; Extraordinary Session to Begin

Service Industry, Social Economy Bills Fail to Pass Parliament

S. Korean Businesses Welcome Effectuation of FTA with China

S. Korea-China FTA to Go into Effect Dec. 20

KOSPI, KOSDAQ Continue to Decline

Kim Jong-un's Uncle Cites Mercilessness of Power for Defection

Koreas Exchange Lists of Delegates for High-level Talks

'North's Denuclearization Must Become Topic of Inter-Korean Dialogue'

Japan Arrests S. Korean over Yasukuni Blast Incident

S. Korea Ranks Near Bottom for Climate Change Prevention

French Court Decides to Extradite Daughter of Sewol Ferry Owner

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

330,000 Hyundai cars remain on road fuming out excessive emissions

Some 330,000 vehicles produced and sold by South Korea's leading carmaker Hyundai Motor Group are still running on the road here years after it promised a voluntary recall of the cars that were found to emit excessively high levels of hazardous gases into the air, industry sources said Thursday.

Chronology of BOK's major monetary policy decisions since 2010

The following chart is a list of major monetary policy decisions made by the Bank of Korea since July 2010. The central bank's monetary policy board voted Thursday to hold the base rate steady at 1.5 percent for December.

Japan arrests S. Korean over alleged Yasukuni bombing

Japanese police Wednesday arrested a South Korean man for a suspected bombing in a public restroom at a Tokyo war shrine last month, local media reported.

S. Korea-China free trade deal to take effect on Dec. 20

A free trade agreement between South Korea and China will come into force on Dec. 20, officials said Wednesday, about six months after the two nations formally signed the deal aimed at slashing tariffs and other trade barriers.

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

Labor union chief to leave temple voluntarily

Han Sang-kyun, the chief of the nations second-largest umbrella labor union wanted by police, decided Thursday to volu...

Korea-China FTA to take full effect from Dec. 20

Ending years of negotiations and political hurdles, a free trade pact between Korea and China w...

Samsung makes big automotive push focusing on car parts

Samsung Electronics on Wednesday announced it will set up a new team specializing in automotive...

Hyundai Motor targets luxury market with EQ900

With the launch of EQ900, the first model of its newly launched luxury brand Genesis, Hyundai M...

Muslim provocation, vitriol are Trump strate...

Donald Trumps incendiary new provocation on Muslims plays on American fears about extremis...

Room for compromise

Upon her return last weekend from a visit to Europe, President Park Geun-hye used her bully ...

Paradox of cheap oil

In Korea, low oil prices have long been considered a blessing, as the country has to import ...

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

KCTU leader to leave temple this morning

Head of the Korean Confederation of Trade Unions, Han Sang-gyun, will leave the Jogye Temple in central Seoul at 10 a.m. today, the union said Thursday. The umbrella union said Han will turn himself in to police, accompanying hi...

Union leader exits Jogye Temple 

Han Sang-gyun, head of the Korean Confederation of Trade Unions (KCTU), exited Jogye Temple, around 10:30 a.m., Thursday.

Bank of Korea holds key rate amid uncertainty 

South Korea's central bank kept its benchmark interest rate steady Thursday for the sixth month in a row, extending its wait-and-see mode ahead of a looming U...

Low rate to be unchanged for the time being 

The Bank of Korea (BOK) can ill-afford to tighten its monetary policy even if the U.S. Federal Reserve proceeds with its much-anticipated key rate hike later ... 

Amb. Oh, UN envoys to release rock album 

Oh Joon, Koreas ambassador and a permanent representative to the United Nations together with fiv...

'Amazing' selected best word to describe Korea 

Amazing has been selected by a majority of foreigners surveyed as the word that best represents Korea, according to a survey by the Ministry of Culture, Spo...

Gov't seeks to break public servants' 'iron rice bowl' 

Civil servants have long been thought of as living with an iron rice bowl, which means they enjoy job security and stable income.

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

Lineage to go mobile after 18 years

Lineage, considered as one of the best Korean PC online games, will come back in the mobile world. NCSoft, the producer of Lineage, held a press conference on Wednesday in CGV Cheongdam Cinecity, Gangnam, Seoul, to mark... 

Ace skater Kwak Yoon-ki vies for Olympics medals

Korean short track skating has been in a slump since the 2014 Sochi Winter Olympics. Some say Korean mens national team lacks an ace skater, but it has Kwak Yoon-ki (26), the oldest skater. Kwak won the gold medal in...

Figure skater Cha Joon-hwan emerges as Male Kim Yu-na

Since the emergence of "Figure Queen" Kim Yu-na (25), Korean figure skating has made astonishing strides. The number of skaters has increased, and some skaters have won medals at international competitions. However,...

ISIL prepares for Asia attack on Christmas

China may be the next target for the Islamic State, or ISIL, which made ferocious attack in Paris. The ISIL made songs in Chinese language and spread them online. Foreign media have already reported that the ISIL is...

Korean traditional food to be sold at top French department store

Hyundai Department Store will take Koreas traditional food brand Myeonginmyeongchon to Galeries Lafayette in Paris, France, during the first half of next year. Contract terms have been agreed upon between the two...

Lee Bo-mee achieves the best season in Japanese LPGA

Lee Bo-mee (27) has achieved the best results this year as she has secured seven wins in the Japanese LPGA Tour with the most prize money. Her achievement is attributable to her caddie Shigenori Shimizu (41) as well. ...

Opera: `Hansel and Gretel` 

Obama vows to defeat IS, but rules out sending ground troops

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

U.S. Extends N. Korea Sanctions to Missile Unit

The U.S. State Department and Treasury on Tuesday slapped fresh sanctions on four North Korean agencies and six individuals. They include the Strategic Rocket Force, which supervises North Korea's missile units. >> Full Text

Women Are Main Customers for Adult Films Online

Dinosaur reboot "Jurassic World" was the bestselling movie on demand this year in Korea, and women, not men, were the main customers for R-rated movies. Olleh TV said the next top movies from January to November this year were "Veteran," "The Assassination" and "Kingsman: The Secret Service." >> Full Text

Drunk-Driving Accidents Most Common in Autumn

Drunk-driving accidents are most common in October and November, when many people take to the hills to enjoy the autumn foliage or enjoy regional festivals, a study finds. The Samsung Traffic Safety Research Institute analyzed drunk-driving accidents over the last five years based on reports compiled by police and insurers. >> Full Text

Japanese Historians Complain

About U.S. Textbook Pets Become Fashionable in Pyongyang

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

Young people: Get angry and change this unequal world

Business professor says young people have a bleak future and must change chaebol-dominated economy

Young people of Korea today: Get angry and change this unequal world.Jang Ha-sung sent a stern message on Dec. 8 from Korea University in Seoul, where he is a professor of business.The big chaebol have made this an unequal country, and your parents, the establishment, let that happen. There are a lot of ideas out there about how to make this unequal South Korea a more equal society, but the real question is one of agency - who is going to put them into practice? he observed.

Records show government lied about disclosure of documents related to KORUS FTA

The South Korean government refused to provide the National Assembly with documents related to the negotiations for South Koreas free trade agreement with the US (KORUS FTA) explaining that it had promised the US to seal the document. In fact, though, the written arrangement with the US permitted those documents to be provided to the National Assembly, government records show. .

Visiting US veterans say Gangjeong Naval Base wont lead to peace

More than a dozen US military veterans stood in front of a soon-to-be-completed naval base on Jeju Island to voice their opposition to its construction. The thirteen veterans with the group US Veterans for Peace, who included former Army Colonel Ann Wright, delivered a press conference in front of the base in Seogwipo Citys Gangjeong Village on Dec. 8 to send the message that naval base construction cannot bring world peace. .

People Mobile sells mobile phones seeking more than just profit

On the morning of Dec. 7, Shin Jun-ho was in the office of Good Buy - on the second floor of a small commercial building in the Mangwon neighborhood of Seoul - busily taking calls from customers interested in buying mobile phones. Shin is managing director of sales at Good Buy, which is a community interest company, a company created not only for profit but in order to benefit the larger community. .

With sedition charge, police trying to swat a fly with a cannon

The South Korean police are threatening to charge the Korean Confederation of Trade Unions (KCTU) with sedition - a crime that has lain dormant for almost 30 years - for its role in organizing a large rally in Seoul on Nov. 14. This is an anachronistic attempt to play up security concerns by conflating demonstrations and protests with riots, said legal experts and academics interviewed on Dec. 7.

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

Noon deadline for temple siege

Police raided the Jogye Temple on Wednesday but stopped short of extracting a wanted labor union leader from his refuge after accepting a Buddhist leaders compromise for a new deadline of noon today. As police came close to arresting Han Sang-gyun, leader of the Korean Confederation of Trade Unions...

Do-nothing assembly tries to vote on 246 bills

The last regular session of the 19th National Assembly ended on Wednesday with the worst-ever performance, leaving more than 11,000 bills

Samsung switches its focus to auto technology

Samsung Electronics announced on Wednesday a new push into the automotive electronics business, the final announcement in a week-long series

Hyundai has high hopes for new EQ900

It took about 20 years for Toyotas Lexus to become one of the worlds leading luxury auto brands. Can Hyundai Motor do the same with its ambitious

iPhone repair agencies shift policies after FTC probe

The Korea Fair Trade Commission (FTC) announced on Wednesday that the eight agencies approved by Apple Korea to repair iPhones

Lotte may take Japanese unit public, group chairman says,

Lotte Group Chairman Shin Dong-bin is considering taking the companys Japanese confectionery unit public to forge a corporate structure

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

LS Holdings appoint new CEOs for key subsidiaries

South Koreas electric power and energy conglomerate, LS Group, replaced heads at its three core businesses - LS Nikko Copper Inc., ...

S. Korean govt to issue yuan-denominated sovereign bonds worth $462 mn in

The South Korean government will issue foreign exchange stabilization bonds worth 3 billion yuan ($462 million) in China. It would be ...

Chorokbaem Media takes over SH Entertainment and joins up with DMG to make

Kosdaq-listed Korean drama and show program maker Chorokbaem Media Co. said Tuesday it was taking over local rival SH Entertainment ...

Koreas Kyobo Life Insurance rating upgraded to A1 by Moodys

Moodys Investors Service upgraded its corporate long-term rating of South Koreas Kyobo Life Insurance Co. by one notch to A1 from ...

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

Gangnam-gu Office 'Comments Brigade': Gangnam-gu Office Operates a Team to Upload Comments Criticizing Park Won-soon

Civil servants of the Civic Awareness Advancement Team at the Gangnam-gu Office in Seoul posted comments condemning Seoul Mayor Park Won-soon and the city of Se

December 2015, Political Leadership Missing in the Republic of Korea

On December 8, one day before the closing of the last regular session of the 19th National Assembly, the atmosphere was quite unsettled at Cheong Wa Dae and at

Young People Having a Hard Time Finding Employment, 'I Am a Homo Internus.'

"Munsong, homo internus, director intern, outback, surrogate mother for college admissions..." These are newly coined words one probably wouldn't know unless

Recklessly Demanding a 'Defense' Against Criticism by the Foreign Press: Crashing Diplomatic Class

On December 6 (local time), an official from the South Korean Consulate in New York said that they had asked The New York Times and a U.S. weekly, The Nation, w

One out of Every Four Men Who Turn 25 This Year Will Still Be Single at 45

One out of every four men who were the age of twenty in 2010 and one out of every five women of the same age are expected to remain single until they are 45 yea

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

Samsung to Move into Auto Electronics Business

Samsung Electronics has made its intention official to move into the automotive electronic business by changing the company's organizational structure. Automotive electronics includes every part and component entering into the car such as infotainment devices, the central information display, the he...

U.S. Rate Hike May Hit Korean Household and Corporate Sectors Hard

A study said Korea's household and corporate sectors will see their debt burden soar as long-term interest rates rise in tandem with the interest rates in the United States after the U.S. Fed's rate hike widely anticipated this month. Lee Chang-seon, senior research fellow with LG Economic Research ...

Foreigners Net-sold 1.5 Tril. Won Worth of Stocks in 6 Trading Days

The KOSPI index has declined for six consecutive trading days, due to strong sell orders by foreign investors. On December 9, the KOSPI market was closed at 1,948.24, down 0.04 percent (0.8 point) from the previous day. Although institutional investors net-bought 150.3 billion won on the day, much-s...

 

Large-corporation Regular Hires Get Paid 62.8 Mil. Won a Year on Average

The average annual pay of regular employees in large corporations was 62.78 million won (US$53,140), 89 percent higher than that for small-enterprise counterparts (33.23 million won). Comparing to 20 years ago when the parity was 100 to 80, now the pay gap has widened further. The Federation of Kore...

Sharp's Latest-generation LCD Plant Likely to Be Sold to Hon Hai or Samsung

The restructuring moves by major Japanese electronic firms like Toshiba and Sharp are shaking up East Asia's IT industry landscape. Under pressure from creditors, for example, Osaka-based Sharp Inc. is likely to sell off the world's only 10th-generation liquid panel display business to other Asian c...

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

Falling oil prices may become threat to Korean economy

Earlier this year, Choi Kyung-hwan, the Minister of Strategy and Finance, analyzed that the oil prices sliding will benefit the South Korean economy. B

South Korea to lead U.N. Human Rights Council

United Nations Human Rights Council held in Geneva last July [Courtesy of United Nations] ? South Korea was chosen to lead the United Nations (U.N.) Human Rights Council next year. The Foreign

South Korean government to issue 3 billion yuan bonds in China

Chinas central bank said on Tuesday the South Korean government will issue 3 billion yuan worth of bonds in China's domestic interbank market. In a statement carried in its website, the People's Bank of China said the agreement was reache

Samsung Engineering shares rise on backing from Group heir Jay Y. Lee

Shares of South Koreas Samsung Engineering rose sharply on Tuesday after the heir apparent of Samsung Group Jay Y. Lee pledged to save the eng

Korean men do least housework among OECD countries

According to a study result by Korean National Statistical Office, released on Monday, Korean male does 45 minutes of housework daily. The hours were t

S. Korea military to develop stealth UAV

Grey Eagle Attack UAV [Courtesy of General Atomics] ? South Korean Military plans to develop Unmanned Aerial Vehicle (UAV) as a form of counter attack to North Koreas long-range artillery, th

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

George Soros Invests $10 Million into South Korean Energy Solution B...

George Soros, who is a big name in global investment industry, invested $10 million into South Korean energy business?s new technology. It is a solution busi...

Hancom Inc. Buys ITEXT and Prepares Bridgehead to Enter Foreign Mar...

Hancom Inc. prepared a bridgehead to enter the U.S. market and European market by buying global PDF solution business which helps Hancom Inc. secure global business net...

Hyundai Has Problems with Water Leakage Again on Santa Fe and Games

A person with a last name Park, who purchased Santa Fe The Prime on the 5th of November, discovered that water was leaking in his trunk. Floor of trunk was soaked...

Samsung Electronics Applies Samsung Pay and OIS to Its Mid-Priced Phones

Samsung Electronics will apply OIS (Optical Image Stabilization) function to its inexpensive Smartphones and will also increase number of inexpensive models with Samsung Pay. It will introduce technologies and servies that it has been applying to expensive Smartphones to its mid-priced phones, and this can increase sales for major parts industries. According to in...

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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  Mme Natallia Zhylevich 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 dIvoire, Jorge Roballo of Argentina and Mohamed Abdi Gello of Kenya and 20 other senior diplomats, including the charges daffaires, 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, 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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(5) An English e-daily (/rankup_module/rankup_notice/notice_detail.html?no=327)

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