The Korean daily media headlines and humor
Tuesday, Feb. 2, 2016
Here are The Korea Post news and roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea this morning:
Korea Post Media
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The Korea Post news:
Interview with Ambassador Taherian of Iran in Seoul
Iran welcomes Korean businesses in her economic development
WHO Declares Zika Virus Int'l Emergency
The World Health Organization(WHO) has declared the spread of the Zika virus an international public health...
"Zika Virus Outbreak Unlikely in S. Korea"
Gov't Discusses Ways to Prevent Zika Outbreak
Quarantine Measures Boosted against Zika Virus
Foreign Ministers of S. Korea, Japan Discuss N. Korean Issues
Exports Witness Sharpest Drop in 6.5 Years in January
Chinese Air Force Violates S. Korean Air Defense Zone
New CDC Chief to Lead Zika Prevention Efforts
"Zika Virus Outbreak Unlikely in S. Korea"
Data: Average Wedding Costs Surged Nearly 40 Million Won in 1 Year
KOSPI, KOSDAQ Close Higher
Exports Witness Sharpest Drop in 6.5 Years in January
UN Demands Whereabouts of Five Arrested N. Koreans
N. Korea Places Last in Internet User Population Survey
Survey: 58% of N. Korea Experts Believe Gaeseong Complex Must Remain as it is
WHO Declares Zika Virus Int'l Emergency
Chinese Publication Asserts THAAD is a Threat to China
Asahi: China Proposes to Delay Decision on Sanctions against N. Korea
Female Workers in Seoul Surpass 2-Million Mark
Itaewon Murder Suspect Appeals 20-Year Prison Term
Survey: 32% of S. Koreans Feel the Society is Unsafe
S. Korea's consumer prices gain 0.8 pct in Jan.
South Korea's consumer prices grew less than 1 percent for the first time in three months, a government report showed Tuesday, rekindling concerns about deflation.
Gov't vows full support for corporate investment, hiring
The government will provide all necessary support to help companies increase investments and hire more workers as the country tries to keep alive its growth momentum in the new year, the top economic policymaker said Tuesday.
Most brokerages shine in 2015, but outlook gloomy
A majority of South Korean securities companies logged record profits in 2015 thanks to brisk stock trading amid low interest rates, data showed Tuesday.
S. Korean shipyards' new orders come to nil in Jan.
South Korean shipbuilders failed to clinch any new orders in January, underscoring the protracted slump in the global shipbuilding segment, industry sources said Tuesday.
S. Korea's game firms tumble amid tougher regulations
The number of South Korea's gaming companies more than halved in 2014 from five years earlier due to a series of intensified governmental regulations, including a ban on minors' access to online games late at night, data showed Tuesday.
The Korea Herald (http://www.koreaherald.com)
Exports plunge on weak demand, oil prices
South Korea’s exports plummeted 18.5 percent in January from a year ago, recording the largest year-on-year fall since ...
Lotte founder Shin may face probe over false reporting on ownership
Lotte Group founder Shin Kyuk-ho may face a prosecution probe over suspicions of false in...
Activists to stage hologram rally ahead of Park anniversary
A human rights organization said Monday it planned to stage the world’s second-ever virtual po...
Unlikely candidates rush to run in April ele...
With the incumbent National Assembly embroiled in unending bipartisan and factional feuds, while still fa...
Same kind of politics
First thing that Kim Jong-in did after he became the interim leader of the main opposition ...
Under the vision of making Korea a “creative economy,” the government has been striving to...
Remembering ‘crazy Corean’ Nam June Paik
In 1963, Nam June Paik hung a blood-dripping cow head at the entrance of his first solo exhibit...
84-year-old Jaguar design keeps evolving
The world of 84-year-old British luxury carmaker Jaguar keeps changing. The one-time maker of a...
The Korea Times ( http://www.koreatimes.co.kr)
Zika virus sparks fears in Korea
The fear of the Zika virus, which is linked to the birth defect microcephaly, is growing in Korea. Although no case has been reported here, the health authorities raised the alarm for travelers, particularly pregnant women, who ...
K.J. Choi falls short of ending PGA Tour drought
South Korean veteran Choi Kyoung-ju fell short of ending his PGA Tour title drought on Monday in C...
Assembly speaker may call vote on NK bill
National Assembly Speaker Chung Ui-hwa is likely to soon exercise his right to call a parliamentary vote on disputed bills drawn up to address human rights ab...
Ruling party chief backs THAAD
Ruling Saenuri Party Chairman Kim Moo-sung said Monday that South Korea should positively consider...
Holographic rally planned at presidential office
Amnesty International Korea said Monday that it will hold a virtual protest to denounce repressive President Park Geun-hye administration on Feb. 24, a day be...
State financial institutions to introduce merit pay
The financial regulator said Monday that it will introduce a performance-based wage system at nine state-run institutions this year to encourage a meritocrati...
Cho Seong-jin returns home in glory
Pianist Cho Seong-jin, winner of the 2015 International Fryderyk Chopin Piano Competition, is set ...
Korea passive on sex slavery issue
The Korean government remains low-key in addressing Japan’s attempts to distort the history of “comfort women,” drawing criticisms from scholars as well as su...
Samsung to unveil its flagship smartphone on Feb. 21
Samsung Electronics is planning to roll out its flagship smartphone "Galaxy S7" for the first time in Barcelona, Spain, at 7:00 p…
Song Young-han beats top golfer Spieth
Song Young-han (25) has acquired the champion’s trophy for the first time since turning pro by holding world No. 1 Jordan Spieth …
Come to visit Seoul's wetlands
February 2 is World Wetland Day. Surprisingly, there are not many people who know there are wetlands in Seoul. The Bamseomisland…
China proposes to delay decision on N.K. sanctions after Lunar New Year's Day
The chief negotiators for six-way nuclear talks from the U.S. and China reportedly had behind-the-scene contact in Beijing, it ha…
'THAAD and KAMD will have great synergy,' says Korean military
With regard to the deployment of the Terminal High-Altitude Area Defense system (THAAD) on the Korean Peninsula, the military aut…
Chinese Military Planes Spotted Over East Sea
Two Chinese military airplanes flew over the East Sea before heading back to China, Japan's Kyodo News reported Sunday. The aircraft apparently entered the so-called air defense identification zones of both countries without advance notice. >> Full Text
Cooking Classes Surge in Popularity Among Teenagers
With a growing number of students showing an interest in learning to cook, and in making careers as chefs, cooking classes have mushroomed recently. In a recent straw poll, being a chef was among students' most-desired occupations. >> Full Text
Luxury Brands Target Fashion-Conscious Men
Looking to boost lackluster sales, luxury brands are shifting their focus to male consumers. The basement level of Christian Dior's flagship boutique in upscale Cheongdam-dong, Seoul, which opened in June last year, displays men's items only. >> Full Text
Japan Tells UN It Had Nothing to Do with Sex Slaves
Incheon Airport Reels from Security Blunders
Police Hunt Vietnamese Who Sneaked Through Incheon Security
THAAD deployment in Korea would likely lead to increased tensions in NE Asia
The US missile defense system, proposed in response to N. Korea’s fourth nuclear test, could damage S. Korea-China relations and push China and N. Korea closer together
The controversy over deploying a Terminal High Altitude Area Defense (THAAD) system on the Korean Peninsula, which recently resurfaced in the wake of North Korea’s fourth nuclear test, is poised to make major waves in Northeast Asia.At first glance, the controversy over THAAD, a US missile defense system, is similar to the kind of pot-stirring by the US and belated scrambling by South Korea seen in the past.
UN special rapporteur criticizes government for intolerance of peaceful protests
After citing a number of concerns about the human rights situation in South Korea, UN special rapporteur MainaKiai called on the government to implement recommendations that the international community has made on multiple occasions.The remark was made by Kiai during a press conference on Jan. 29, after completing his fact-finding survey about demonstrations and protests in South Korea. Kiai is the UN Special Rapporteur on the rights to freedom of peaceful assembly and association. .
South Korean police to sue groups that organized Nov. 14 popular indignation rally
South Korea’s police are preparing to sue the groups that organized the nationwide rally held on Nov. 14 of last year for close to 400 million won (US$331,000) in compensation, sources say.The police plan to ask the courts for 320 million won (US$266,000) in compensation for police vehicles and equipment that were damaged during the first nationwide rally last year and 40 million won (US$33,000) in treatment for police.
Amnesty International announces plans to hold “phantom protest” in Seoul
In defiance of police efforts to stop demonstrations from taking place in the vicinity of the Blue House, Amnesty International will be using holograms to hold a “phantom protest” at Seoul’s Gwanghwamun Plaza, which is not far from the Blue House.Holograms will raise their fists and carry banners on behalf of the people who are not allowed to assemble there, and recordings of their voices will be played.
In shift, Minjoo says it is pro-economic growth
The largest liberal opposition party has chosen economic growth as its new vision for the April general election, promising 720,000 new jobs and massive public housing projects for the younger generation, in a road map announced Monday. Leaders of the Minjoo Party of Korea held a press conference at the National Assembly…
Saenuri Party moves closer to backing Thaad
The Saenuri Party is edging closer to supporting the deployment of a Terminal High Altitude Area Defense (Thaad) battery in South Korea as Chairman Kim Moo-sung…
Lotte family’s control hid through mislabeling
The founding family of Korea’s retail giant Lotte Group appears to have mislabeled public documents, making it seem as though the family…
No good news for Korea's exports in new year
A month has gone by since the New Year dawned, but the constant news of negative economic indicators ever since has people wondering…
[An Angry Generation, the Young] Extorted by Landlords
For young people, the home has become a chain forcing them into a vicious cycle of poverty. Rent for a place where all they can do is sleep is too expensive for···
[Editorial] Japan's Provocation Goes Against the Spirit of the "Comfort Women Agreement": Are We Just Going to Watch?
The Japanese government submitted their official position to a United Nations (UN) organization claiming that they did not find any evidence that the comfort wo···
[Aftermath of the Comfort Women Agreement] President Park's 'Right to Know' Depends on the Situation
Cheong WaDae refused to disclose the details of the phone call between the leaders of South Korea and Japan, which took place shortly after the two countries r···
[Editorial] North Korea Must Stop the Long-Range Rocket Launch
Yesterday Japan's Kyodo News reported that North Korea was preparing to launch a long-range missile and that the launch could take place as early as within a w···
President Park Belatedly Considers a Visit to Iran
On January 27, Cheong WaDae announced that President Park Geun-hye was considering a trip to Iran. The president is contemplating the visit now that the intern···
'A New Leaf Buds Only after the Dry Leaf Falls' Moon Steps down after 353 Days
Moon Jae-in (63), leader of The Minju Party stepped down as the party leader on January 27. Moon returns to being an "ordinary" party member 353 days (354 day···
The Korea Economic Daily ( http://english.hankyung.com/)
January Exports Fall 18.5% to $36.7 Bil...Biggest Decline in 77 Months
The volume of exports for the month of January this year was US$36.7 billion, down 18.5 percent from the same month in 2015. This is the largest decline in six years and five months since August 2009 when the export amount fell 20.9 percent year on year.On February 1, the Ministry of Trade, Industry...
Kaesong Industrial Complex Hit Record High in Output in 2015
The combined value of output for companies located within the Kaesong Industrial Complex passed the US$500-million mark last year, first since its opening in 2004. According to the Ministry of Unification on January 31, the output value of the 124 companies located within the industrial zone totaled...
Doosan Infracore Switches Preferred Bidder for Machine Tool Unit to MBK Partners
Doosan Infracore has changed the preferred bidder to MBK Partners from Standard Chartered Private Equity for selling its machine tool unit. It was based on the judgment that Standard Chartered's plan for securing funds is not clear enough. Doosan Infracore said in a regulatory filing on February 1, ...
Hanjin Group to Move into Aerospace Mfg. and Hotel Business
Korean Airlines, the flag ship unit of Hanjin Group, is trying hard to look for future growth engines in a bid to become the world's leading passenger air carrier. To this end, the company is aggressively moving to expand flight routes all across the world while improving the operational
AJU Business Daily(http://eng.ajunews.com/korea)
Chinese planes fly into disputed area controlled by South Korea
[Courtesy of Republic of Korea Armed Forces] Two Chinese surveillance planes have made an unheralded flight this week into a disputed area over a submerged rock which has been the subject of a …
Large shark swallows small one at South Korean aquarium
A large sand tiger shark has gobbled up a smaller hound shark at a major South Korean aquarium in a rare scene which attracted curious visitors, aquarium officials said Friday. The scene was spotte…
North Korea rocket launch not imminent: 38 North
[Aju News TV] North Korea is probably in the early stages of preparations for a rocket blast-off, but a launch is not imminent, 38 North, the website of a US research institute, said, citing re…
[UPDATES] South Korea on guard against North Korea's long-range missile
[Courtesy of Xinhua News] South Korea was on guard Thursday against North Korea's possible long-range missile launch, warning it would be condemned as a "grave provocation" endangering regi…
?South Korea's new patrol vessel around disputed Socotra rock
[Courtesy of Republic of Korea Armed Forces] South Korea will deploy a new 5,000-ton patrol vessel in waters off its southern coast to bolster its territorial claim over
Korea Institute of Ceramic Engineering and Technology, Ceracomp and Ot...
South Korea¡?s small companies and government funded research institute have developed piezoelectric material that has world¡?s best performance. Develo...
South Korea’s High-Tech Animation Manufacturing Technology Is Leaking in...
South Korea¡?s popular animation manufacturer (A) is considering whether it should give up its Chinese business rights to a Chinese company. If this contract...
Samsung Life Insurance to Buy All of Samsung Card’s Shares That Samsung E...
Samsung Life Insurance has decided to buy all of Samsung Card¡?s shares
Samsung Display to Sell L5 Line to China’s Truly
Samsung Display has decided to sell its entire Cheonan Gen.5 LCD equipment, which manufacturers LCD (liquid crystal display) to China¡?s Truly. It is heard that price is about $50.88 million (about 61.3 billion KRW). (Related article: First page of article from 11/13/2015) [Picture 1] According to Chinese press and South Korean industries, Samsung Display ...
MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
Lotte tops list in internal stock ownership and cross-shareholding arrangement
Lotte, the fifth-largest family-run conglomerate in South Korea, has the most complicated and closed cross-shareholding arrangement ...
Hyundai Capital Services to expand global presence targeting revenue of $1.6
Hyundai Capital Services Inc., the largest auto financing company in Korea, is moving away from the saturated domestic market with ...
Sales of premium motorcycles surge as Koreans enjoy more outdoor activities
The premium motorcycle market is on the upswing in South Korea amid popularity of outdoor activities and increasing biking ...
S. Korea offers instant tax refund for foreign shoppers
South Korean retailers are busy introducing an instant tax refund program ahead of the Chinese Lunar New Year holiday, when Chinese ...
Chinese investors flock to Korean real-estate market
Chinese real-estate investors show insatiable appetite for both commercial and residential properties across South Korea in hopes of ...
VIP customers and their spending in department stores up regardless of
The economy may be in the dumps, but that has not stopped the rich Koreans in their pursuit of staying on top of the trends and love ...
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