June 2, 2016
The Korean daily media headlines and humor
Thursday, June 2, 2016
Your Excellency:
Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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Humor:
Sorry no humor today (until we have the luck of more contributor(s).
We miss you, Excellency, from the Central Asian country.
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The Korea Post notice:
Family background of Secretary General Ban:
The family background of Secretary General Ban Ki-moon of the United Nations has become a target of attention in various segments of society in Korea as well as at the international community?as the outlook of Ban’s possible becoming a formidable contender for Cheong Wa Dae looms larger.
Against this backdrop, The Korea Post media have been receiving requests for information on the family background of Secretary General Ban.
Here are the details of the published information we have on hand concerning the family of Ban:
Ban met Madam Yoo Soon-taek in 1962 when they were both in high school.
Ban married Ms. Yoo in 1971.
They have three adult children: two daughters and one son.
The eldest daughter, Seon-yong, was born in 1972, and now works for the Korea Foundation in Seoul.
His first son Woo-hyun was born in 1974 in India. He received an MBA from Anderson School of Management at University of California, Los Angeles, and works for an investment firm in New York.
His younger daughter, Hyun-hee (born in 1976), is a field officer for UNICEF in Nairobi. She married an Indian man named Siddarth Chatterjee in August 2006, who works at the UNIEF handling Somalia.
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A quick roundup of major news stories from the Korean media today:
KBS (http://world.kbs.co.kr/english/news/)
Washington Aims to Cut off N. Korea from Int'l Financial System
Anchor: The U.S. has devised new measures to cut off North Korea from the international financial system. The U.S. Treasury Department designated North Korea as a primary money laundering concern, prohibiting third-country banks and other financial institutions from processing U.S. dollar transactions for North Korea.
S. Korean Economy Grows 0.5% in Q1
The South Korean economy grew only half-a-percent in the first quarter of this year.
The Bank of Korea(BOK) said Thursday that the nation’s gross domestic production(GDP) stood at 372-point-four trillion won, or around 312 billion U.S. dollars, from January to March this year
OECD Forecasts World Economy to See Moderate Improvement
Anchor: The Organization for Economic Cooperation and Development(OECD) has forecast that the world economy will post modest growth of three percent this year. While describing the global economy as "limping along," the OECD called for collective action and policies in order to pave the way towards a higher growth path.
Our Bae Joo-yon has more.
Defense Ministry Says No Prediction on When THAAD Talks Will End
Seoul Welcomes US Money Laundering Concern on N. Korea
The Minjoo Yields Parliamentary Judiciary Committee Chief Position
KOSPI, KOSDAQ Close Higher on Thursday
S. Korean Economy Grows 0.5% in Q1
OECD Forecasts World Economy to See Moderate Improvement
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea submits implementation report for sanctions on N. Korea
South Korea has submitted its action plan on how to carry out sanctions that the United Nations slapped on North Korea following its nuclear and long-range missile tests earlier this year, the foreign ministry said Thursday.
Global chat app LINE under suspicion over overseas listing push
LINE Corp., the Japanese arm of South Korea's Internet giant Naver Corp., is suspected of pushing to list shares on overseas markets in a bid to allow its staff to exercise stock options for a profit, market watchers said Thursday.
China 'can't make breakthrough' in curbing N. Korea's nuclear ambition
China "cannot make a breakthrough" in reining in North Korea's nuclear weapons ambitions, a state-run newspaper published by China's ruling Communist Party said Thursday, a day after Chinese President Xi Jinping held talks with a visiting high-level North Korean delegation.
Head of Lotte Corp. summoned over toxic humidifier sterilizer probe
The chief of retail giant Lotte Group's construction arm, who formerly headed Lotte Mart, was summoned Thursday to face questions over the toxic humidifier sterilizers which resulted in numerous deaths and illnesses here.
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The Korea Herald (http://www.koreaherald.com)
'3 N.K. overseas restaurant workers defect to S. Korea'
Three North Koreans restaurant workers who used to work at a China-based restaurant have arrived in South Korea, local m...
Leaders of N. Korea, China voice hope to mend ties
North Korean leader Kim Jong-un and Chinese President Xi Jinping on Wednesday expressed their w...
Explosion at subway construction site kills 4 workers, injures 10
Four people died and 10 others were injured after a subway construction site near Seoul collaps...
South Korea runs pell-mell over fine dust measures
President Park Geun-hye’s recent calls for plans to reduce fine dust have certainly sent out a...
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The Korea Times (http://www.koreatimes.co.kr)
Plastic surgery clinics fight 'ghost surgery' suspicions
More plastic surgery clinics are moving to restore the industry’s reputation in the face of “ghost...
RIMPAC naval exercise fires up with record 27 nations
A record 27 nations are participating in the world’s largest naval drill, Rim of the Pacific (RIMP...
Swedish tourist gang-raped in Seoul
The men, in their 20s, allegedly asked the woman to go out the club, saying they would “show her Korean nightlife” on May 14, according to investigators.
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Dong AIlbo (http://english.donga.com)
Kim Moo-sung prepares for presidential election
Supporters of former Saenuri Party chairman Kim Moo-sung (photo) are going to establish a research group called "Future Innovatio…
Mayor Yang introduces Gwangmyeong Cave in France
Gwangmyeong Mayor Yang Ki-dae (photo) visited Paris on Tuesday on an invitation from the French Parliament and French Mayors' Ass…
Uber cuts basic rate for UberBLACK to 5,000 won
Uber, a major ride-hailing service provider, has decided to lower the basic fare for its flagship UberBLACK and increase fares du…
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Chosun Ilbo (http://english.chosun.com)
Missile Failures Hamper N. Korea's Nuke Ambitions
North Korea on Tuesday failed yet again to launch a Musudan missile, the fourth failure in two months. The Joint Chiefs of Staff said the North attempted to launch the missile in Wonsan, Kangwon Province in the early morning.
Special N. Korean Envoy Visits Beijing
Former North Korean foreign minister Ri Su-yong unexpectedly went to China on Tuesday at the head of a 40-strong delegation. It is the first visit to Beijing by a senior North Korean official since the North's latest nuclear test in January.
Seoul City Wants to Ban Soju Sales in River Parks
The Seoul Metropolitan Government is considering a ban on sales of highly alcohol drinks in parks along the Han River, it said Tuesday. The move is part of the city government's drive to curb alcohol consumption.
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Hankyoreh Shinmoon (http://english.hani.co.kr)
[News analysis] High-ranking North Korean official meets with Chinese President
On June 1, Chinese President Xi Jinping met a delegation led by Ri Su-yong, vice chairman of the central committee of the (North) Korea Workers’ Party (KWP), who had come to Beijing to report on the r..
UN group urges Hyundai Motor to comply with labor regulations
A United Nations Human Rights Office working group on business and human rights commented on the situation at Hyundai Motor, where a conflict is raging over the establishment of a union for partner bu..
Era of recessionary trade surplus may be about to end
South Korea’s recessionary trade surplus era may be coming to an end, as slack exports were found to have cut heavily into April‘s trade surplus numbers. While the surplus amount previously increased..
Seoul confirms defection of three more North Korean restaurant staff
The South Korean government officially confirmed on June 1 that three waitresses from overseas North Korean restaurants recently arrived in South Korea, including two who fled a restaurant in China’s ..
US all but designates North Korea as a “primary money laundering concern”
The US Treasury Department has all but officially designated North Korea a “primary money laundering concern.” Washington may be attempting to achieve a similarly powerful effect with its sanctions t..
Chief of Staff document says Seoul and Tokyo “sharply at odds” over comfort women
South Korean President Park Geun-hye’s chief of staff submitted a written opinion to the court stating that the issue of the comfort women for the Imperial Japanese Army is “a grave issue in which the..
UN spokesperson says Ban Ki-moon is “aware” of resolution
UN Secretary-General Ban Ki-moon is aware of a UN Resolution that would prohibit him from assuming a governmental role immediately after his term as Secretary-General ends, a UN spokesperson said. The..
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Kakao was snooping on websites shared in chats
KakaoTalk has come under fire for mishandling private information obtained from its 40 million users’ chat rooms…
Lippert calls for Korea’s red tape to be reduced
U.S. Ambassador Mark Lippert said Korea is still a hard place to do business in and urged its government…
Student leaps from building, lands on passerby
A depressed college student jumped to his death from the 20th floor of an apartment building…
Chinese insurers vie to acquire ING Life
Chinese financiers are again moving aggressively to acquire the Korean operations of ING Life Insurance…
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
Body on the Path of a Presidential Candidate, While His Words Argue, 'Don't Exaggerate'
On May 30, UN Secretary-General Ban Ki-moon (72) said, "I hope you will refrain from exaggerating and speculating about my actions in Korea." This day, Ban···
Comfort Women Foundation to Be a Private Organization: South Korean Government Takes One Foot Out
On May 31, the government officially launched a committee to prepare the establishment of the comfort women foundation as a prior step to establishing a foundation to support the comfort women victims···
[Park Geun-hye's Vision of “4-7-4” Goes Down the Drain] Promises of “4-7-4” End up as “2-6-2”
The Park Geun-hye government had initially proposed a vision of “4-7-4 (4% potential growth rate, 70% employment rate, per capita income of $40,000),” but it ···
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The Korea Economic Daily (http://english.hankyung.com/)
Manufacturing Capacity Use Falls to a Low of 71.0%
The capacity use of the manufacturing sector has fallen to a level similar to that during the 2008 global financial crisis, as companies cut back on production in response to slowed sales. According to a report "Industrial Activity Trend" published by the National Statistical Office on May 31, the m...
Samsung Flixabi Gets Green Light for Sales in Europe
A biosimilar drug called Flixabi, developed by Samsung Bioepis, won a marketing approval in Europe. Flixabi, accordingly, became Samsung Bioepis’ second biosimilar drug that gets approved for sales in Europe, following the first one Benepali which was approved in January this year. Samsung Bioepis ...
HMM Succeeds in 630 Bil. Won Debt Renegotiation with Creditors
Hyundai Merchant Marine has succeeded in renegotiating its debt including the extension of 630-billion-won publicly placed bonds that come due this year and next and a debt-for-equity swap. Given Hyundai has virtually completed the charter rate cut talks, it seems the company has cleared the most di...
"4 Tril. Won Wasted Because of Creditors' Misjudgment"...Bankruptcy Court
The bankruptcy court will set out to conduct an in-depth investigation on STX Offshore & Shipbuilding that has filed for a corporate workout program. The bankruptcy court of the Seoul Central District Court said on May 31 that it would commence on field investigation on the shipbuilder including its...
POSCO Completes Capacity Rationalization Program for Gwangyang No. 4 Plant
POSCO will expand its automotive sheet steel business by increasing the capacity of advanced high-strength sheet steel (AHSS) plants in and outside Korea while raising the efficiency of the steel works. The nation's largest steel supplier said on May 31 that it has completed a capacity rationalizati...
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AJU Business Daily (http://eng.ajunews.com/korea)
North Korea's medium-range missile test fails again: Seoul
[Yonhap News Photo] North Korea test-fired a suspected medium-range Musudan missile Tuesday from a base on its east coast, but the launch appeared to have failed, South Korean military authorit…
North Korea's Facebook clone gets hacked by Scottish student
A mysterious unnamed website using a North Korean Domain Name System (DNS) was spotted last week, and it's already been hacked by an 18-year-old college student f…
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ETNEWS (http://english.etnews.com/)
Four killed, 10 injured in collapse of subway construction site
[Photo by Namgung Jin-woon] Four workers were killed and 10 others were injured Wednesday after they were trapped in the collapse of an underground subway construction site caused by a suspecte…
Seoul detects new cyber attack by North Korea hackers
South Korea has detected a suspected new cyber attack by North Korean hackers to acquire an Internet authentication certificate from a digital security service firm in Seo…
Firms reject government compensation over closed inter-Korean zone
[Yonhap News Photo] South Korean firms kicked out of a suspended inter-Korean industrial zone turned down a government financial package Tuesday to compensate for losses caused by the abrupt sh…
North Korea's medium-range missile test fails again: Seoul
[Yonhap News Photo] North Korea test-fired a suspected medium-range Musudan missile Tuesday from a base on its east coast, but the launch appeared to have failed, South Korean military authorit…
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Maeil Business News Korea (http://www.pulsenews.co.kr/ )
Naver’s mobile messenger app Line to go public in Japan in July
Line Corp., Japan-based mobile chatting app unit of South Korea’s leading internet portal giant Naver Corp., will go public on ...
Seoul City’s population falls below 10 million in nearly 30 yrs due to killer
Residents in Seoul fell below 10 million threshold for the first time in 28 years as of the end of May as killer rent prices in ...
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Your Excellency:
Send your latest press release(s) in Korean to (www.koreapost.co.kr) for immediate publication and in English to korpost@chol.com.
They are published by the five media outlets of The Korea Post, including the Korean-language Internet newspaper, English website and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman of The Korea Post
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Chairman Lee has a lot of up-to-minute hot information to be shared with Your Excellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and operates five print and Internet news media, including Korean-languagewww.koreapost.co.kr, English www.koreapost.com and Korean-language newspaper http://pdf.koreapost.co.kr/14/1401.pdf. Use Chairman Lee and his five news outlets for the sake of your great country!
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